SOURCE: Bad Toys Holdings, Inc.

February 28, 2007 12:31 ET

Bad Toys Holdings, Inc. Updates Shareholders on Progress of Share Distribution

KINGSPORT, TN -- (MARKET WIRE) -- February 28, 2007 -- Bad Toys Holdings, Inc. (OTCBB: BTYH) (the "Company") announced today that the Company is still in the process of distributing shares of Southland Health Services, Inc. ("Southland") pursuant to the dividend distribution effective February 2, 2007. As previously announced, the Company will distribute the shares of Southland in certificate form only. Although the Company has received information that certain shareholders' accounts have been credited with electronic shares, these shares will not be tradable and are only an indication of the amount of shares each shareholder will ultimately receive in certificate form. The Company will complete its distribution of shares when it receives the final list of shareholders as of February 1, 2007 from the Depository Trust Company ("DTC"). DTC has not yet provided the Company with the information to complete the distribution.

Larry Lunan, the Company's Chief Executive Officer, stated, "We are diligently working to distribute these shares to our shareholders. We hope that DTC will forward the final shareholder list soon so we can finalize this transaction. We recommend that you contact your broker with any questions." Mr. Lunan added, "We will continue to keep our shareholders updated on any events including distribution, listing and trading dates through these channels."

Southland's registration statement on Form S-1 and future filings can be accessed on the Securities and Exchange Commission's website, www.sec.gov and www.badtoys.net. If you have any questions about this press release, please contact Mr. Lunan, whose contact information is provided below.

About Bad Toys Holdings, Inc.

Bad Toys Holdings, Inc., (BTYH), participates in two distinct business segments:

Bad Toys, Inc.

This division, Bad Toys, Inc., American Eagle Manufacturing Company and Gambler Motorcycle Company, continues to design, manufacture, distribute, service and sell custom made, Harley-Davidson type, V-twin motorcycles from component parts. We also offer premium accessories, parts, customizing items and apparel related to Harley-Davidson motorcycles on-line and directly from our retail and factory outlets. This division also participates in Sprint Car Racing products and custom car construction and restoration.

Southland Health Services, Inc.

The second business segment in which the company is a major shareholder (25%) of Southland Health Services, Inc., provides an array of Health Care services including ambulatory emergency and non-emergency patient transport, wheel-chair van, stretcher van and related transport services. Southland operates in over 200 communities within the following seven states: Mississippi, Alabama, Florida, Louisiana, Kansas, Tennessee, and Virginia. We operate in excess of 207 ambulances and wheelchair vans and have over 940 full and part-time employees. At our current run rate we will transport more than 130,000 patients in this calendar year.

Certain statements in this release and other written or oral statements made by or on behalf of the Company are "forward-looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. The forward-looking statements are subject to a number of risks and uncertainties, including market acceptance of the Company's services and projects, the Company's continued access to capital, and other risks and uncertainties outlined in its filings with the Securities and Exchange Commission. The actual results the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information or otherwise.

Contact Information

  • Contact:
    Larry N. Lunan
    President and Chief Executive Officer
    Bad Toys Holdings, Inc.
    (423) 247-9560
    http://www.badtoys.net

    Al Kau
    Investor Relations in California
    (888) 795-3166