Bad Toys, Inc. Announces its Intent to Purchase Assets of Chambers Automotive, Inc. and Precision Tricks Customs, Inc.
KINGSPORT, Tenn.--Dec. 1, 20037, 2003--Bad Toys, Inc. (OTCBB:BTOI), a Nevada corporation engaged in the business of manufacturing and selling custom V-Twin motorcycles, today announced that it has executed a non-binding letter of intent with Chambers Automotive, Inc., a Tennessee corporation, and Precision Tricks Customs, Inc., a Tennessee corporation, to purchase the assets of Chambers Automotive, Inc. and Precision Tricks Customs, Inc. The Company hopes to reach a definitive agreement with Chambers Automotive, Inc. and Precision Tricks Customs, Inc. on or before January 31, 2004. Chambers Automotive, Inc. is engaged in the business of resale of used vehicles, general mechanic and repair, and collision repair. Precision Tricks, Inc. is engaged in the building, restoration, and customizing of street rods.The company's motorcycle products can be viewed at www.badtoys.net. Precision Tricks Customs can be viewed at www.precisiontrickscustoms.com.
For further information, contact Bad Toys, 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 Web site at www.badtoys.net.
Certain statements in this release and other written or oral statements made by or 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.