FORM 3 U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public UtilityHolding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 OMB APPROVAL __________________________________________________ OMB Number Expires: Estimated average burden hours per response......0.5 1. Name and Address of Reporting Person 2. Date of Event Re- 4. Issuer Name and Ticker or Trading Symbol Bradley Robert Ian quiring Statement (Month/Day/Year) Grand Toys International, Inc. ("GRIN") (Last) (First) (Middle) 1/16/01 5. Relationship of Reporting Person to Issuer 6. If Amendment, Date of Original c/o Grand Toys International, Inc. 1710 Rte. Transcanadienne 3. IRS Identification Number of Reporting (Check all applicable) Director 10% Owner (Month/Day/Year) (Street) Person, if an Entity ___X____ Officer (give _______Other (specify 7. Individual or Joint/Group Filing Dorval Quebec, CANADA H9P 1H7 (Voluntary) Title below) below) _President and Chief Executive Officer______ (Check Applicable Line) X Form filed by One Reporting (City) (State) (Zip) Person __ Form filed by More than One Reporting Person Table 1 - Non-Derivative Securities Beneficially Owned 1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3.Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) *If the Form is filed by more than one Reporting Person, see Instruction 5(b)(v). Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over) (Print or Type Responses) FORM 3 (continued) Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month//Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conver- sion or Exercise Price of Deri- Vative Security 5. Owner- ship Form of Deriv- Ative Security: Direct 6. Nature of Indirect Beneficial Ownership (Instr. 5) Date Exercisable Expiration Date Title Amount Or Number Of Shares (D) or Indirect (I) (Instr. 5) Common Stock Option (1) 1/16/10 Common Stock 150,000 $0.625 D Explanation of Responses: (1) The options are exercisable as follows: options to purchase 50,000 shares vest on each of January 16, 2002, January 16, 2003 and January 16, 2004, respectively ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). By: 1/24/01 **Signature of Reporting Person Date Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, See Instruction 6 for procedure. SEC 1147 (9-93)