Let me post a few things here.
Lets start with this year on news.
PHOENIX, Feb. 21 /PRNewswire/ --
Janex International, Inc. (OTC Bulletin Board: JANX) today announced that it has completed the acquisition of the DaMert Company, Inc. for a combination of stock and cash. DaMert is a 28-year-old leading designer, manufacturer, and distributor of over 200 specialty toy products with a customer base of over 4,000 retail stores and distribution in 35 countries.
For the year ending December 31, 2000, DaMert's revenues were approximately $6 million and FY2001 gross revenues are projected to be approximately $8 million due to the creation of a broader range of products through the infusion of interactive technology and new channels of distribution obtained as a result of the acquisition.
PHOENIX, Feb. 28 /PRNewswire/ -- Janex International, Inc.
(OTC Bulletin Board: JANX) -- designer, manufacturer, and distributor of unique children's products -- announced today that it has received from the Bankruptcy Court handling the Futech Interactive Products, Inc. bankruptcy
proceeding, approval to acquire certain and specific assets of Futech Interactive Products, Inc. ... a company that specialized in patented interactive books, toys, games, educational products and stationery as well as select, traditional, related products.
Vincent W. Goett, Janex Chairman, said, "The planned acquisition of the Futech assets, coupled with our recent acquisition of the DaMert Company (www.Damert.com) should give us the resources necessary to enable us to become a contender in the children's book, toy, game and educational products industry.
Following completion of the acquisition of the Futech assets, the combined operations of Janex, DaMert and the acquired assets of Futech should enable us to reduce operating and product costs, improve our ability to introduce new lines of proprietary interactive products, increase our distribution channels and allow us to penetrate new markets.
Assuming we complete the Futech acquisition in the second quarter, our projected FY2001 gross revenues, our first year as one synergistic organization, is expected to exceed $12 million."
PHOENIX, May 30 /PRNewswire/ -- Janex International, Inc.
(OTC: Bulletin Board: JANX) -- designer, manufacturer, and distributor of unique children's products -- announced today that it has completed the acquisition of certain and specific assets of Futech Interactive Products, Inc. - a company that specialized in patented interactive books, toys, games, educational products and stationery as well as select, traditional, related products.
Vincent W. Goett, Janex Chairman said, "The acquisition of the Futech assets, coupled with our recent acquisition of the DaMert Company (www.Damert.com), gives us the esources which should enable us to implement our strategic initiative to become a contender in the children's book, toy, game and educational products industry.
The combined attributes of Janex, DaMert and the acquired assets of Futech should improve our ability to introduce new lines of proprietary interactive products, increase our distribution channels and allow us to penetrate new markets.
As a result of the acquisition of the Futech assets and the recent acquisition of the DaMert Company, the operations of the Company have expanded.
The Company has determined that its current President, Dan Lesnick, who has substantial operating experience in the toy industry, will focus his efforts on the operations side of the business.
Accordingly, Mr. Lesnick has resigned as President and Chief Executive Officer and has been appointed Executive Vice President, Operations. Vincent Goett, the Company's Chairman, has been appointed President and Chief Executive Officer.
Under the terms of the Futech Acquisition Agreement, as approved by the Bankruptcy Court, Janex has acquired certain assets of Futech in exchange for the following consideration: (i) an aggregate of approximately 22 million shares of Janex common stock; (ii) the assumption of an aggregate of approximately $3 million of debtedness; and (iii) the payment of approximately $150,000 in cash.
Of the approximate 22,000,000 shares, 20.6 million shares are issuable in satisfaction of an aggregate $36.5 million face amount of indebtedness (including trade debt) of Futech.
The shares of common stock are issuable within proximately 150 days.
The assets include Futech's patented Talking Pages(R) printed conductive ink technology, used in the manufacturing of their talking children's books, board games and stationery products which incorporate music, speech and sound effects to entertain and educate. Mr. Goett stated that, "Once again we have found a perfect fit in our business plan of developing interactive, audible response based products.
The Talking Pages technology products respond by the
touch of a finger to the surface of a page or game board." Also included in the acquired assets were Futech's trademarks and copyrights.
PHOENIX, July 12 /PRNewswire/ -- Janex International, Inc.
(OTC Bulletin Board: JANX) -- designer, manufacturer, and distributor of unique products for kids announced today that it has signed a Letter of Intent to acquire 60% ownership of Joy Berry Books, a company specializing in kids' self-help print and electronic books authored by Joy Berry.
With over 250 books that have sold over 80 million copies and have generated over $200 million in gross revenues, Joy Berry has become known as "The Inventor of Self-Help Books for Kids."
This has made her the undisputed leader in her well-defined market niche.
According to Joy Berry, "I was blown away when I discovered Janex and its incredible technology! It was exactly what I was looking for to bring my products into the twentieth century.
While the books have gone a long way to teach kids the living skills they need to become responsible, I can only
imagine what can be accomplished when my content is integrated into Janex's interactive books, toys and games!
Instead of teaching exclusively through sight, we will be teaching through sight, sound, and touch!
I have been watching Janex over the last year and was thrilled when Mr. Goett was able to pull the companies together so this acquisition could happen.
Joy's 25-year history in the publishing industry made it possible for her to bring with her to Janex an extraordinary leadership team.
The team includes Robert Zaloba, a president/CEO, who has over 20 years of management experience in the publishing industry as well as a marketing team with over 15
years of experience in the juvenile publishing industry. Joy's team, combined with Dan Lesnick, president of the Game division, as well as his team with over 60 years of combined experience in the toy and game industry, is certain to provide Janex with one of the most formidable management teams among companies who specialize in products for kids.
Under the terms of the Acquisition Agreement, Janex will provide $1,750,000 of working capital.
Vincent W. Goett, Janex Chairman and CEO, said, "The acquisition of Joy Berry Books gives Janex an immediate significant presence in the juvenile publishing industry. In addition, Janex's assets (its patented technologies,
trademarks, copyrights, R&D team, and established manufacturing alliances), coupled with Joy's assets (her product content, name, reputation, sales results, and expanding distribution channels), will help Janex become a highly competitive producer of proprietary interactive and traditional products in the book, toy, game, educational, and stationery markets."
Janex will showcase the Joy Berry product line on its innovative and entertaining website: www.okid.com .
"This will enhance the Joy Berry product line and provide opportunities to expand this business on an international
basis.
Our site's extensive capabilities afford us another medium in which to introduce and market Joy Berry products," Goett said.
PHOENIX, July 31 /PRNewswire/ -- Janex International, Inc.
(OTC Bulletin Board: JANX) -- designer, manufacturer, and distributor of unique children's products -- announced today that it has signed a Letter of Intent to acquire 70% ownership of Anvil Studios, Inc. (www.anvilstudios.com)
-- a leading-edge theatrical classical animation, 3D, new media, and convergence content company whose client base includes Dreamworks, Hyperion/Disney, Sony/Columbia and Warner Brothers.
Included in the acquisition is 70% ownership of the Walrus Corporation (www.walrusweb.com), the developer of patent pending 3D interactive Internet software and other software technologies that make up a new presentation layer for the World Wide Web.
Vincent W. Goett, Janex Chairman and CEO, said, "The acquisition of Anvil Studios gives Janex an immediate significant presence in the children's entertainment industry.
The combined attributes of Janex, with our enterprises in toys, games, books and interactive technology, coupled with the capabilities of Anvil Studios to provide theatrical, television and computer graphic/3D animation, solidifies our strategic initiative to establish Janex as a major force in the children's tertainment/educational market."
Under the terms of the Acquisition Agreement, Anvil tudios for 11.6 million shares of Janex stock and provide an additional $550,000 in working capital.
The operations of Anvil Studios will be directed by their president, Robert Dotson, who has over ten years of upper management experience in technology development and entertainment.
Mr. Dotson stated, "With the successful completion of large theatrical projects for Dreamworks, Hyperion/Disney and a joint Sony/Columbia-Warner Brothers production, Anvil Studios has garnered a reputation in the animation ndustry as having the ability to deliver a higher quality product in shorter time frames than our competitors.
We look forward to utilizing our experience and technology to provide animation media products to complement Janex's existing children's product lines."
Mr. Goett said, "Anvil Studios will leverage its experience and reputation to produce its own original properties.
Anvil currently own rights to a full-length animated ature "Hope Canyon" which has generated significant interest in Hollywood.
With the recent completion of the screen play and character models, "Hope Canyon" is now packaged for financing and disribution agreements.
In addition, Anvil is in discussion to participate in the
development of a theme park and other merchandising products based on the film."
Goett also stated that, "Janex will showcase Anvil's 3D interactive animation technology on its innovative and entertaining website: www.okid.com .
"This will enhance the interactive playability and entertainment value of the website for the entire family. Our site's extensive capabilities affords us another medium in which to introduce and merchandise all our of product lines."
This is all great Information folks and it is all in public view out here.
There is some strong key words in these PR's so please read them very close.
JANX has done eveything it said it would do in my eyes so if there is something I am missing here please feel free to bring it up so we can all understand what is happening here as JANX grows to being one of the most exciting companys I have ever been in.
Wise
News 
Market Data 
Discover 
