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FORM 3 U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549 OMB APPROVAL
OMB NUMBER: 3235-0104
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Expires: September 30, 1998
Estimated average burden
hours per response . . . . 0.5
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Filed pursuant to Section 16(a) of the Securities Exchange
Act of 1934, Section 17(a) of the Public Utility Holding
Company Act of 1935 or Section 30(f) of the Investment Company
Act of 1940
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1. Name and Address 2. Date of Event 4. Issuer Name and Ticker or Trading Symbol
of Reporting Person Requiring
Statement
(Month/Day/Year)
Hargo (Barbados) Limited October 20, 1997 Toymax International, Inc.
-TMAX (NASDAQ)
(Last) (First) (Middle) 5. Relationship of Reporting Person to Issuer 6. If Amendment, Date of Original
(Check all applicable) (Month/Day/Year)
Director X 10% Owner
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c/o CIBC Trust and Merchant Bank ____Officer (give ___ Other (Specify
(Barbados) Limited title below) below) N/A
(Street) 3. IRS or Social Security Number of
Reporting Person (Voluntary)
Hincks Street,
Bridgetown, Barbados, West Indies
(City) (State) (Zip) Table 1 -- Non-Derivative Securities Beneficially Owned
1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
Beneficially Owned Direct (D) or Indirect Beneficial Ownership
(Instr. 4) (Instr. 4) (I) (Instr. 5) (Instr. 5)
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Common Stock 1,241,833 D
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Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly
(Print or Type Responses)
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FORM 3 (continued) TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative 2. Date Exercisable and 3. Title and Amount 4. Conversion or 5. Ownership Form 6. Nature of Indirect
Security Expiration Date of Securities Exercise Price of Derivative Beneficial Ownership
(Instr. 4) (Month/Day/Year) Underlying of Derivative Security: Direct (Instr. 5)
Derivative Security (D) or Indirect
Security (I)
(Instr. 4) (Instr. 5)
Date Expiration Amount or
Exercisable Date Title Number of Shares
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/s/ Sheridan Reece 98-03-04
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**Signature of Reporting Person Date
Director
Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
SEE 18 U.S.C. Sec. 1001 and 15 U.S.C. Sec. 78ff(a).
File three copies of this Form, one of which must be manually signed. If
space provided is insufficient, SEE Instruction 6 for procedure.
