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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. -- )*
Toymax International, Inc.
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(Name of Issuer)
Common Stock, par value $0.01 per share
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(Title of Class of Securities)
892268-10-3
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(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section
of the Act but shall be subject to all other provisions of the Act (however,
see the Notes).
SEC 1745 (2-95)
Page 1 of 6 pages
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CUSIP No. 892268-10-3 13G Page 2 of 6 Pages
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1 NAME OF REPORTING PERSON
S.S or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Goldberg Family Trust
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) /x/
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Barbados, West Indies
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NUMBER 5 SOLE VOTING POWER
OF 1,241,833
SHARES ----------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY --
EACH PERSON ----------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
1,241,833
----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
--
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,241,833
- ------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.7%
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12 TYPE OF REPORTING PERSON*
OO
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*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 6 Pages
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CUSIP No. 892268-10-3 13G Page 3 of 6 Pages
- ------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Hargo (Barbados) Limited
- ------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) /x/
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3
- ------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Barbados, West Indies
- ------------------------------------------------------------------------------
NUMBER 5 SOLE VOTING POWER
OF 1,241,833
SHARES ----------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY --
EACH PERSON ----------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
1,241,833
----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
--
- ------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,241,833
- ------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.7%
- ------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- ------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 3 of 6 Pages
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CUSIP No. 892268-10-3 13G Page 4 of 6 Pages
ITEM 1. Name and Address of Issuer's Principal Executive Offices:
(a) Toymax International, Inc. ("Toymax")
(b) 125 East Bethpage Road
Plainview, New York 11803
ITEM 2. (a) - (c) Name, Principal Business Address, and
Citizenship of Persons Filing:
(1) Goldberg Family Trust
c/o CIBC West Indies
Offshore Banking Corporation as trustee,
International Centre,
Warrens, St. Michael
P.O. Box 405
Bridgetown, Barbados
West Indies
Organization: Barbados, West Indies
(2) Hargo (Bardados) Limited
CIBC Trust and Merchant Bank (Barbados) Limited
Hincks Street,
Bridgetown, Barbados
West Indies
(d) Common Stock, par value $0.01 per share (the "Common
Stock")
(e) 892268-10-3
ITEM 3. If this statement is filed pursuant to Rule 13d-1(b), or
13d-2(b), check whether the person filing is a:
Not Applicable
ITEM 4. Ownership
The information in Items 1 and 5 through 11 on the cover
pages (pp. 2-3) on Schedule 13G is hereby incorporated by
reference.
Hargo (Barbados) Limited, which is wholly-owned by the
Goldberg Family Trust, is the record owner of all of the
1,241,833 shares of Common Stock reported by the Reporting
Persons.
ITEM 5. Ownership of Five Percent or Less of a Class
Not Applicable
ITEM 6. Ownership of More than Five Percent on Behalf of Another
Person
Not Applicable
Page 4 of 6 Pages
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CUSIP No. 892268-10-3 13G Page 5 of 6 Pages
ITEM 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding
Company
Not Applicable
ITEM 8. Identification and Classification of Members of the Group
Not Applicable
ITEM 9. Notice of Dissolution of Group
Not Applicable
ITEM 10. Certification
Not Applicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement
is true, complete and correct.
Goldberg Family Trust
By: /s/ Gregory Hinkson 3/4/98
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CIBC WEST INDIES OFFSHORE ,Trustee Date
BANKING CORPORATION
Hargo (Barbados) Limited
By: /s/ Sheridan Reece 3/4/98
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Date
Page 5 of 6 Pages
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CUSIP No. 892268-10-3 13G Page 6 of 6 Pages
EXHIBIT A
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(f) under the Securities Exchange Act of
1934, the persons named below agree to the joint filing on behalf of each of
them of a Statement on Schedule 13G (including amendments thereto) with
respect to the Common Stock of Toymax International, Inc. and further agree
this Joint Filing Agreement be included as an Exhibit to such joint filing.
In evidence thereof, the undersigned hereby execute this Agreement as of the
_____ day of March, 1998.
Goldberg Family Trust
By: /s/ Gregory Hinkson
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CIBC WEST INDIES OFFSHORE ,Trustee
BANKING CORPORATION
Hargo (Barbados) Limited
By: /s/ Sheridan Reece
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Page 6 of 6 Pages
