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Okay, wow. >> BoysToys.com, Inc., a Delaware corporation (the "Company"), was incorporated in the State of Delaware on April 21, 1997 under the name Wagg C
by buffet_overflow 4y ago
Okay, wow.
>> BoysToys.com, Inc., a Delaware corporation (the "Company"), was
incorporated in the State of Delaware on April 21, 1997 under the name Wagg
Corp.
In January 1998 the Company changed its name to Alternative Entertainment,
Inc. (the same name of a Nevada corporation (identified below as "AEI-Nevada")
previously established for the operation of the Company's business) and in
December 1998 the Company's name was changed to BoysToys.com, Inc.
THE COMPANY'S BUSINESS
The Company, through its wholly-owned subsidiary, RMA of San Francisco,
Inc., a California corporation ("RMA") owns and operates an upscale gentlemen's
club in San Francisco, California (the "Club") under the name, "Boys Toys
Club." The Company originally intended to operate the Club through Boys Toys
Cabaret Restaurants, Inc., a California corporation ("BTC Restaurants") that is
currently a dormant corporation with no operations or assets. All assets and
operations of BTC Restaurants have been assigned to RMA.
The Company has the following subsidiaries: RMA, BTC Restaurants, and
Alternative Entertainment, Inc., a Nevada corporation ("AEI-Nevada") of which
only RMA has any assets or operations.
INTERNET-RELATED MATTERS
While the Company's name includes the ".com" moniker, this reflected the
Company's original intention to pursue business activities involving the use of
the internet. Currently, the Company has not had sufficient financial or
managerial resources to pursue or develop any significant internet related
business: (i) the Company has two internet Web Sites for the Company's public
and investor relations (namely, Boystoys.com and Boystoysir.com, respectively)
(the "Corporate Web Sites") and (ii) six sites that opened in October 1999 and
which have remained in development only.
(https://www.sec.gov/Archives/edgar/data/0000931799/000108638000000043/0001086380-00-000043-0001.txt https://www.sec.gov/Archives/edgar/data/0000931799/000108638...)
>> In November 2007, after the Company's emergence from bankruptcy in May 2007, the Company's Board of Directors voted to forego any further involvement in the adult entertainment industry. The Company has since decided to explore opportunities in the environmental emissions trading industry and the Company is now positioned itself as a developmental company in that industry.
(https://www.sec.gov/Archives/edgar/data/0000931799/000108638008000027/grlzq063008.htm https://www.sec.gov/Archives/edgar/data/0000931799/000108638...)