Published:
Bad Toys Holdings, Inc. Renews 3 Year Contract for Approximate $2.5 Million Gross Revenue in Linn County, Kansas
Bad Toys Holdings, Inc. (OTCBB: BTYH)
announced today that its Southland Health Services division has been
awarded its renewal of a 3 year contract to be the sole provider in Linn
County, Kansas.
This agreement included both emergency and non-emergency ambulance service.
The Company will continue to be the sole provider for this county for the
next 3 years with an option to renew. The Company expects gross revenue for
the life of the contract to be approximately $2.5 million.
Larry N. Lunan, Chief Executive Officer, stated that, "The Company
continues to provide our shareholders with a consistent base of business by
its renewal of existing contracts. Each contract is reviewed and adjusted
prior to renewal to insure that expected contributions from the contract
meet the targeted margins required to maintain the proper earnings profile
for our shareholders."
In regards to the S1 filing, Mr. Lunan, added, "We are in the final stages
of completing the answers to the SEC's first round of comments, and expect
to have our reply complete very soon."
The Company believes that it is uniquely positioned to become one of the
leaders in the ambulance and medical transportation industry. The Company's
plans include continued growth through acquisitions of independent rural
service providers where synergies and economies of scale will provide
targeted profit margins, growing its current existing contractual
relationship base with various counties, as well as expanding into new
markets.
About Bad Toys Holdings, Inc.
Bad Toys Holdings, Inc. (OTCBB: BTYH) participates in two distinct business
segments.
Southland Health Services, Inc.
This division provides medical transportation services, including emergency
and non-emergency ambulance services. Our Southland Division operates in
over 200 communities within the following seven states: Mississippi,
Alabama, Florida, Louisiana, Kansas, Tennessee, and Virginia. We operate
more than 160 ambulances and wheelchair vans and have over 930 full and
part-time employees. At our current run rate we anticipate transporting
more than 130,000 patients this calendar year.
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 participates in
Sprint Car Racing products and custom car construction & restoration. The
Company also offers brokerage services for custom cars & motorcycles.
For further information, contact Bad Toys Holdings, Inc., Larry N. Lunan,
President and Chief Executive Officer, (423) 247-9560 or Al Kau, Investor
Relations in California at (888) 795-3166. Further information about the
Company may be obtained on its website at www.badtoys.net.
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 and the Company's continued access to capital and other risks and
uncertainties outlined in its filings with the Securities and Exchange
Commission, which are incorporated herein by reference. 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.
Copyright © 2008, MarketWire
Copyright © 2008, NewsBlaze,
Daily News
Tags: ,Automotive:Cars, Automotive:Motorcycles, Automotive:Parts and Accessories, Automotive:Trucks, MedicalandHealthcare:Healthcare, ,OTCBULLB,OTCBULLB,OTCBULLB,TN,KINGSPORT, TN
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