StockGuru News: Bad Toys Holdings, Inc. Announces the Filing of the S-1 to Effect the Spin-Off of Its Wholly-Owned Subsidiary, Southland Health Services, Inc.
Bad Toys Holdings, Inc. Announces the Filing of the S-1 to Effect the Spin-Off of Its Wholly-Owned Subsidiary, Southland Health Services, Inc. Bad Toys Holdings, Inc. (OTCBB: BTYH) KINGSPORT, TN–(MARKET WIRE)–Jun 7, 2006 — Bad Toys Holdings, Inc. (OTC BB:BTYH.OB - News) (the “Company”) announced today the filing of a Form S-1 by its wholly-owned subsidiary, Southland Health Services, Inc. (”Southland”), with the Securities and Exchange Commission to effect the registration and subsequent distribution of seventy-five percent (75%) of the common stock of Southland to the Company’s shareholders. The Company originally announced that its shareholders would receive 1.31 common shares…