October 17, 2000 06:21am
BoysToys.com Receives SEC Approval to Trade
Source: BoysToys.com, Inc.
by: Company Press Release
(SAN FRANCISCO, CA) -- BoysToys.com, Inc., (OTC Bulletin Board: GRLZ - news; the ``Company''), an adult entertainment holding company, has received clearance from the Securities and Exchange Commission (SEC) and the NASD to commence trading on the OTC bulletin board. In response to the SEC mandate for companies seeking to become fully reporting the Company filed a Form 10SB12G and accompanying Form 10KSB and Form 10QSB. The Company is now fully reporting and compliant with all current SEC required filings.
The Company's flagship club, Boys Toys, located at 412 Broadway, San Francisco, commenced operations on January 26, 2000 and became cash flow positive in the third quarter ending September 30, 2000. The Company will be announcing third quarter results forthwith.
Boys Toys was recently featured on a segment of sexcetera on the playboy channel and was chosen ``The hottest new club in San Francisco.'' Ralph Amato, the CEO of the Company stated, ``The club transcends the typical gentlemen's club stereotype by combining the concept of fine dining and elegant decor within the confines of a European show club experience. The club has gained local notoriety among the men and has now become widely accepted by the women of San Francisco. Thirty per cent of the clubs revenues are directly related to women's groups and couples who frequent the club.'' Information regarding the club, including panoramic views of the interior, can be seen at www. boystoys.citysearch.com
Boys Toys is a co-sponsor of the 21st annual Exotic Erotic Ball to be held October 21, 2000 at the Cow Palace in San Francisco. The Ball attracts 15,000 participants and is covered by local and national media. The club will be sponsoring The Exotic Erotic Foreplay Party this Thursday October 19, 2000. A private press and media party will take place from 7:00 to 9:00PM and the doors will be open to the public after 9:00PM.
Corporate information may be viewed at www. boystoys.com Investor Relations: The IR Solution, Jeff Stuber: 619-243-1305.
This press release contains forward-looking statements that involve a number of risks and uncertainties. The Company has no obligation to update or revise these forward-looking statements to reflect the occurrence of future events or circumstances.