DSI Toys Inc. Announces Conversion of Investment Warrant.Business Editors HOUSTON--(BUSINESS WIRE)--Aug. 22, 2002 DSI (Dynamic Systems Initiative) An umbrella term for a suite of Microsoft products that help manage the Windows environment in large enterprises. DSI was introduced in 2003. Toys Inc. (Nasdaq:DSIT) today announced that MVII MVII Motor Vehicle Importation Information (US National Highway Traffic Safety Administration) , LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control has elected to convert a pre-paid Investment Warrant for 1.8 million shares of Company Common Stock. MVII, LLC, ("MVII"), a California limited The California Limited was one of the named passenger trains of the Atchison, Topeka and Santa Fe Railway and a true "workhorse" of the railroad. It was assigned train Nos. 3 & 4, and its route ran from Chicago, Illinois to Los Angeles, California. liability company controlled by E. Thomas Martin, chairman of the DSI board, surrendered the pre-paid Investment Warrant, which was originally issued on March 19, 2001 for a total cash consideration of $2.7 million, and exercised its right to convert the pre-paid Investment Warrant without additional consideration for 1.8 million shares of Company Common Stock. Upon the issuance of these shares, MVII will own 5,994,238 shares of the Company's common stock on a direct basis. The Company designs, develops, markets and distributes high quality, innovative dolls, toys and consumer electronics products. Core products include Tech-Link(R) communications products, Kawasaki(R) electronic musical instruments, GearHead
Unrevealed First appearing in Steel #14 (April 1995), the first Gearhead appeared in Steel (R) remote control vehicles, LazerDoodle(TM) electronic drawing toy and a full range of special feature doll brands including Sweet Faith(R), Pride & Joy(R), Too Cute Twins(TM), Sassy Secrets(TM), Somersault Sara(TM), Hush Li'l Baby(R), Little Darlings(R) and the Elite(R) brand of Lifetime Play Dolls(TM). The Company's Web site can be reached at http://www.DSIToys.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Statements in this press release that are not historical facts, including statements about plans and expectations regarding products and opportunities, demand and acceptance of new and existing products, capital resources, and future financial condition and results are forward-looking. Forward-looking statements involve risks and uncertainties, which may cause DSI's actual results in future periods to differ materially and adversely from those expressed. These uncertainties and risks include changing consumer preferences, lack of success of new products, loss of DSI's customers, competition, and other factors discussed from time to time in DSI's filings with the Securities and Exchange Commission. |
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