The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

BAD TOYS Signs Letter of Intent to Sell Control of Company to MYCA

22 March 2000

BAD TOYS, Inc. Signs Letter of Intent to Sell Control of Company to MYCA Group, Inc.

    CINCINNATI--March 21, 2000--BAD TOYS, Inc. (OTC BB:BDTY), a public motorcycle manufacturing entity (www.badtoysinc.com), has signed a letter of intent to sell control of the company to MYCA Group, Inc., a recognized leader in web-based technology and internal/external corporate communications with headquarters in Cincinnati, Ohio.
    The consummation of the transaction is subject to several conditions including the execution of a definitive agreement and the approval of the transaction by the Bad Toys stockholders. Upon consummation of the transaction, the MYCA Group principals will be the majority shareholders.
    MYCA Group CEO George Young says, "This move is the next strategic step, allowing our core business to stake a major claim in Internet commerce, an area that will expand MYCA Group's existing services into global markets." The Bad Toys motorcycle assets and business will be sold to its present management. This will enable MYCA Group to focus on its core business divisions. Larry N. Lunan, CEO of Bad Toys says, "This is a tremendous opportunity for the company's current and future shareholders."
    MYCA Group's revenue stream is diverse as a provider of web-enabled applications, technical communications, online training, e-commerce and enterprise portals to Fortune 100 companies. As part of its strategy for growth, the company will change its name to MYCOM.com and be positioned as a Global Information Provider (GIP), focusing on business-to-business commerce. The goal is to capitalize on the MYCA Group's Internet expertise in order to tap into the trillion-dollar revenue expected to be generated on the business-to-business side of e-commerce.
    MYCOM.com will continue to develop web-enabled applications that provide small and medium size businesses with inexpensive solutions to share and use globally with their customers, vendors and employees. In addition, the company plans to launch several proprietary technology products that compliment its service offerings.