eToys SOLD
etoy.SHARE-CERTIFICATE EYB No. 230
THE BRAND THAT DIDN'T WANT TO DIE...
AS PREDICTED: THE eToys BRAND AND WEBSITE FINALLY CHANGED HANDS. THE NEW OWNER IS "Big Lots Inc." (SYMBOL: BLI) / FORMER "Consolidated Stores Corp." HOLDER OF THE BIG U.S. TOY RETAILER "KB TOYS" (1300 MALL BASED STORES IN THE U.S.).
THE etoy.LEGAL-AFFAIRS DEPT. , etoy.ADVISORS AND THE etoy.MANAGEMENT ARE CURRENTLY DISCUSSING HOW TO REACT TO THE NEW SITUATION. INSIDERS ASSUME THAT KB TAKES A MORE REASONABLE APPROACH THAN eToys Inc. AND HOPE THAT THE COMPANY IS WILLING TO NEGOTIATE THE "SPHERES OF INFLUENCE" OF THE TWO CONTROVERSIAL BRANDS TO RESOLVE THE DISPUTE. AN ESSENTIAL PART OF THE MONEY PAID FOR THE eToys TRADEMARK IS HELD IN A BLOCKED ACCOUNT. THE NEXT HEARING IN THIS LAWSUIT WILL TAKE PLACE AROUND JUNE 25 2001. THE etoy.CORPORATION (INTERNATIONAL ART MARKET SYMBOL EYA/EYM) IS LOOKING FORWARD TO REACH CLEAR RESULTS AND TO CONCENTRATE ON ITS CORE BUSINESS AFTER A LONG PERIOD OF LEGAL OBSCURITY KNOWN -AS "TOYWAR" - THE MOST EXPENSIVE PERFORMANCE IN ART HISTORY. etoy IS NOT AVAILABLE FOR FURTHER COMMENT AT THIS CRITICAL MOMENT. AS EVERY OTHER COMPANY etoy HAS TO PROTECT ITS ASSETS AND BASE OF OPERATIONS.