Article: DSI Toys to Receive $5 Million Investment From LLC Controlled by Tom Martin.

HOUSTON--(BUSINESS WIRE)--April 15, 1999--

LLC Also Agrees to Initiate Cash Tender Offer for 1.6 Million Shares of DSI Toys At $4.38 Per Share for Controlling Interest in the Company

DSI Toys, Inc. (Nasdaq:DSIT) and MVII, LLC jointly announced today a $5 million investment by MVII in DSI Toys through the sale of common stock to MVII, a California limited liability company controlled by Tom Martin. Today, MVII purchased $1.2 million of DSI Toys' common stock, with the remainder of the common stock to be purchased upon shareholder and certain other approvals. As part of the transaction, MVII agreed to commence a tender offer to purchase up to 1.6 million ...

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