EXHIBIT 1 ITEM 5. OTHER EVENTS. On June 17, 1997, pursuant to a Securities Purchase Agreement dated as of May 5, 1997, as amended by Amendment No. 1 to the Securities Purchase Agreement, dated as of June 5, 1997 (the "Securities Purchase Agreement"),...Securities Purchase Agreement • July 30th, 1997 • Freeburn Ventures LTD • Games, toys & children's vehicles (no dolls & bicycles)
