Bad Toys Holdings, Inc. Research Note Issued by Beacon Equity Research Raises Price Target from $2.13 to $3.37 Based upon Southland Health Services Division Spin-Off.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- (Investrend Research Syndicate) A new research note on Bad Toys Holdings, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : BTYH) has been issued by Beacon Equity Research Senior Analyst, Shailesh Dhuri. The full report is available at http://www.beaconequityresearch.com and http://www.investrendresearch.com In the report, Mr. Dhuri writes, "Bad Toys Holdings is undertaking a restructuring so that existing shareholders may realize the true value of the Company. Bad Toys Holdings will issue a stock dividend consisting of shares of Southland Health Services health services Managed care The benefits covered under a health contract , Inc. to each of its shareholders. Southland Health Services, Inc. will become a separate publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. . Management has decided to distribute 75% of Southland Health Services, Inc. shares to the existing Bad Toys Holdings, Inc. shareholders via a spin-off, and retain 25% in the existing shares of Southland Health Services, Inc. Management will issue 1.31 shares of Southland Health Services for every 1 share of common stock owned of Bad Toys Holdings, Inc. According to management, investors must own the shares as of the close of market on January 11, 2006 to be eligible for the dividend. The only other known publicly-traded ambulance service provider is Rural/Metro Corporation (Nasdaq: RURL), which is expected to earn $.43 per share in FY 2006, giving it a forward P/E of 20.9. Bad Toys Holdings is projected to earn $.23 in FY 2005 and $.40 in FY 2006, according to management. At a current share price of $2.25, this gives it a current P/E P/E See: Price/earnings ratio of 9.78, and a forward P/E of 5.63. " Beacon Equity Research, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control is a fee-based, comprehensive investment research firm, focusing primarily on the underserved small-cap sector. All Beacon analysts are seasoned industry professionals and adhere to the CFA (Computer Fraud and Abuse Act of 1986) Signed into law in 1986, the CFA was a significant step forward in criminalizing unauthorized access to computer systems and networks. The Act applies to "federal interest computers" that include any system used by the U.S. Institute's (CFAI CFAI Commission on Fire Accreditation International CFAI Central Florida Autism Institute ) stringent ethics and standards of practice guidelines. Beacon Research does not have any investment banking relationships with any of the companies covered. All analysts are compensated prior to performing their investment research and are not compensated in any way based on the future performance of the equities they follow. Both Beacon Equity Research and Investrend subscribe to the "Standards for Independent Research Providers" at http://www.firstresearchconsortium.com and the company's research is investor-monitored by the Shareholders Research Alliance (http://www.shareholdersresearch.com). Beacon Research has been compensated a total of $18,000 by Bad Toys Holdings, Inc. for a 12-month enrollment in its research program. Complete information is available at the company's InvestorPower page at http://www.investrend.com/company/list.asp?sPathParam=yes,. Investors are advised to read disclosures carefully before trading in the equities of any enrolled company. Anyone interested in receiving alerts regarding Bad Toys Holdings, Inc. research should email contact@investrend.com with "BTYH" in the subject line. |
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