JYTO - Joytoto USA (formerly BTEM)Penny Stock-Online Games

[Guthrie]

Bottom forming here I think. 7 MMs stacked on .15 for support, which comes from Nov. 06, ask is 2MMs on .17, 3 on .18 then it thins out.

Address:
200 Hannover Park Road
Suite 120
Atlanta, GA 30350
USA


Phone: (770) 650-1733

Officers:
Marc Ebersole, CEO/President/CFO

CIK: 0001178377

Outstanding Shares: 175,218,044 as of 2006-11-15

[Guthrie]

What caused the drop on May 23rd was a PR released by the company that said this:

On or about May 23, 2007, BioStem, Inc.’s (“our,” “we,” and the “Company’s”) management became aware of certain unsolicited fax blast communications and a large advertisement in the USA Today, listing the Company’s name and including certain information regarding Cryobanks International, Inc.’s (“Cryobank’s”) proposed Merger with the Company.

Neither we nor our management were aware of, paid for, approved, and/or had any connection or knowledge of the recent unsolicited fax blast and USA Today advertisement discussing the Company and Cryobanks, prior to the release of such information.

We strongly caution potential investors against relying on any disclosures made in any faxes and/or advertisements they receive regarding the Company, which are not officially disseminated by the Company and/or filed on a reputable financial website such as Yahoo.com/finance or prnewswire.com, or similar websites. Furthermore, we strongly caution potential investors to read the Company’s latest SEC filings at www.sec.gov and to review the Company’s disclosures regarding its financial position and results of operations and the conditions precedent which must occur before the closing of the proposed merger with Cryobanks, before making any investment in the Company.

Furthermore, we would like to make it clear that the proposed Merger with Cryobanks is subject to Cryobanks raising a substantial amount of money, which to the best of our knowledge, Cryobanks has not raised to date, and as such, we can provide no assurances that the proposed merger will close and/or that our operations will ever change from our current parking and related services to cord blood storage and cell stem research.

So I believe there's a chance for significant rise if financials are reported or the merger with Cryobanks does go through. But from the looks of the history of filings, they probably won't file a 10Q and the merger won't go through.

From the 10-K

The Merger, which is contingent upon Cryobanks raising at least $10,000,000 pursuant to a private placement was originally scheduled to terminate if the Merger had not been consummated by March 1, 2006 but through various amendments has been extended to June 30, 2007.

And reading through the 10-K I found this, proof they planned to dilute:

NOTE C - GOING CONCERN

As shown in the accompanying financial statements, the Company has incurred cumulative losses of $15,372,812 as at March 31, 2007 and has a stockholders’ deficit of $1,424,422 at March 31, 2007. Management’s plans include the raising of capital through the equity markets to fund future operations, seeking additional acquisitions, and the generating of revenue through its business. Failure to raise adequate capital and generate adequate sales revenues could result in the Company having to curtail or cease operations. Additionally, even if the Company does raise sufficient capital to support its operating expenses and generate adequate revenues, there can be no assurances that the revenue will be sufficient to enable it to develop business to a level where it will generate profits and cash flows from operations. These matters raise substantial doubt about the Company’s ability to continue as a going concern. However, the accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. These financial statements do not include any adjustments relating to the recovery of the recorded assets or the classification of the liabilities that might be necessary should the Company be unable to continue as a going concern.

So I guess I'm saying play this one extremely short term, look for the bounce and get out.

[Guthrie]

Looking for it to hold .14 over the next few days with decreasing MM presence at .15. Might be ready for a bounce but who knows.

[Guthrie]

Bottom might be ironed out right now. Bid is at .15 and it hit .155 today so it seems like it's ready to make a move up, but be ready to sell because as the earlier posts say, they do dilute.

[Guthrie]

Chart is looking good for a recovery. .165 printing. I'm in so I hope this can do something next week.

[greencat]

I am looking for it to continue today nice find.

[Klipper22]

Name change, R/S, Ticker change.

BioStem Acquires Joyon Entertainment, Inc.
BioStem, Inc. (the "Company") (OTCBB: BTEM) announced that it has entered into a definitive agreement to acquire Joyon Entertainment, Inc., which is in the online games and electronics manufacturing businesses.

On October 12, 2007, the Company entered into a Stock Exchange Agreement with Joytoto Co., Ltd., a Korean company, and Joyon Entertainment Co., Ltd., a Korean company, to purchase 100% of the issued and outstanding capital stock of Joyon Entertainment, Inc., a Delaware corporation ("JEI"), in exchange for 115,000,000 shares of the Company's common stock, to be issued after giving effect to a one for forty reverse split of the Company's common stock, as well as the divestment of the Company's two subsidiaries, BH Holding Company, Inc. and ABS Holding Company, Inc.

In order to complete the acquisition of JEI, the Company is required to secure a release of the Company from the holders of the Company's Senior Secured Convertible Debentures, as well as effect the conversion of the Company's Junior Convertible Secured Debentures. Accordingly, the Company entered into an Agreement to Purchase Subsidiaries and Cancel Shares with Marc Ebersole (the Company's CEO and Director), Christine Ebersole (a Director and employee), and Scott Schweber (a Director), as well as the holders of the Company's Senior Secured Convertible Debentures and the Company's Junior Convertible Debentures (the "Subsidiary Purchase Agreement"). According to the Subsidiary Purchase Agreement, Marc Ebersole, Christine Ebersole and Scott Schweber (the "Management Shareholders") will release the Company from any and all claims they may have against the Company and its lenders, and will tender to the Company a total of 130,000,000 shares of the Company's common stock for cancellation. The Company's Senior Secured Debenture Holder will release the Company from its obligations under the Senior Debenture, and such obligations will remain obligations of the Company's two subsidiaries, BH Holding Company, Inc. and ABS Holding Company, Inc. The holders of the Company's Junior Debentures, which are convertible into 17,350,000 shares of common stock after giving effect to a one for forty reverse split, will convert their debentures into (i) 17,350,000 shares of common stock, and (ii) will be issued an additional 16,169,549 shares of common stock, and (iii) will be issued a warrants to purchase 21,000,000 shares of common stock at an exercise price of $0.10 per share (all amounts reflect issuances after giving effect to the above mentioned reverse stock split). Finally, the Company will transfer 100% of the outstanding capital stock of its two operating subsidiaries, BH Holding Company, Inc. and ABS Holding Company, Inc. to the Management Shareholders and the holders of the Company's Junior Convertible Debentures. The descriptions of the transactions herein are qualified by reference to the actual transaction documents, which have been filed as exhibits to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on or about October 30, 2007.

The Company has changed its name to Joytoto USA, Inc., and completed a one for forty reverse split of the Company's common stock, both to be effective on the opening of business on October 31, 2007. On the opening of business on October 31, 2007, the Company's common stock will commence trading under the new symbol "JYTO."

Immediately after the closing of the actions described above, Marc Ebersole and Christine Ebersole will resign as officers and directors of the Company. Immediately prior to their resignations, they will appoint Cho, Seong Yong as President, CEO and Director, Cho, Seong Sam as CFO, Vice President, Secretary and Director, Choi, Doo Ho, as COO and Director, Um, San Yong as Internal Auditor. Cho, Seong Yong and Cho, Seong Sam are brothers. The new officers and directors of the Company were designated by Joytoto Co., Ltd., which will be the new controlling shareholder of the Company as of October 31, 2007.

[opspearhead]

Joytoto USA, Inc. to Distribute Online Games to US Consumers

SANTA CLARA, Calif., May 21, 2008 /PRNewswire-FirstCall via COMTEX/ -- Joytoto USA, Inc. (OTC Bulletin Board: JYTO.OB) announced plans to distribute online games to consumers in the US to satisfy growing demand, through its exclusive North American Master License Agreement with Joyon Entertainment Co., Ltd. Online games will be selected from Joyon's extensive library of 24 popular and successful online games currently operating in the Asian market. Game categories include massively multiplayer online role-playing games (MMORPG's), first person shooter games (FPS), casual games, and board games.

Entry into the North American market is a natural extension of the company's existing capability, and represents JYTO's capability to increase market share in the United States. The US online gaming market is very attractive, the company believes, as revenue from US online gaming services is poised to increase from $1.1 billion in 2005 to $3.5 billion in 2009, according to a study done by Parks Associates (www.parksassociates.com), a market research and consulting firm focused on product and service segments that are considered "digital".

The Master License Agreement grants Joytoto USA's exclusive rights to each of the 24 game titles, server software, client software, and additional program and trademarks related to each game for 10 years, with the option for two additional five year periods thereafter.

Joyon's online games have enjoyed popular success and generated approximately $100 million USD in the Asian markets. "We believe our games will enjoy similar or better success here in the United States and as the majority of development costs have already been incurred bringing the games to market in Asia, the cost savings will undoubtedly give us a significant competitive advantage," said Michael Cho, Joytoto USA's Chief Executive Officer.

About:

Joytoto USA, Inc. (OTC Bulletin Board: JYTO.OB - News). The company's two business segments are electronic products and components, and online games. The electronic products and components business is that of a virtual, original equipment manufacturer (OEM) and original design manufacturer (ODM) of consumer electronics for retailers throughout the world. Joytoto USA's online game business segment operates online games in North America pursuant to an Exclusive North American Master License Agreement with Joyon Entertainment Co., Ltd. ("Joyon Korea"). The Master License Agreement gives Joytoto USA's wholly-owned subsidiary access to Joyon Korea's library of successful online video games currently operating in the Asian markets which have generated more than $100,000,000 in the Asian markets.

SOURCE Joytoto USA, Inc.

URL: http://www.joytotousa.com
www.prnewswire.com

[Aufan 1983]

Be careful here. This is being heavily spammed all at once. I have got no less than 5 or 6 emails from different groups pushing this stock.

Not saying there is something wrong with the stock but it is probably the reason for the recent move.

[Aufan 1983]

This might be worth watching for a quick play. Myself and another member bought in this morning hoping to catch a bounce. I have added a few and have an average of .022. I was a little hesitant as it fell to .018 or I could have lowered my average on down nicely.

Check out the chart