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STOY will prove itself when company's Q2 financial results come out around August 15th. The aggressive nature of the paid bashers encourages me greatly! As you are aware, you have anoint two and a half months to cover your positions. Good luck!
No concern here. I will continue to accumulate on any possible weakness as this will not last.
Spiral Toys' products can be purchased at: https://www.cloudpets.com/?mid=6475006 You clearly have not completed your due-diligence or perhaps you have no comprehension of the market demand for such products because you have no children, which is probably a good thing...
Huge buying opportunity! I will continue to accumulate at these levels as this will quickly become acknowledged a nonevent as soon as the company's Q2 earnings are released.
No, there is no reason for any such action. I have spoken with the company was informed that everything is going extremely well as they ramp-up production for the existing purchase orders and for those expected to be received very shortly. This is a great buying opportunity!
The STOY market shows good support following the news. Obviously. the shareholders recognize that this external event does not impair the company's ability to execute upon it highly successful product launch.
Spiral Toys' successful Cloud Pets product launch will not be affected by this. Should the charges be proven, these alleged offences occurred years before Mr. Stewart was working with the company. I am confident that the CEO will act appropriately in this matter.
That is incorrect. The company 'raised' money at $0.15 and that private-placement which was allocated only for friends and family is closed.
I expect that there will be some more very big news out soon!
As disclosed in the SEC reports, beta sales were handled through a third party distributor. That entity was responsible for producing and selling the items. STOY was entitled to a profit percentage of the net (after cost of goods and distributor expenses and fees). If you look at the SEC reports, you see net revenue and no cost of goods associated with it. By the way, nice to see some revenue associated with a beta launch!!
As stated within www.stoyreport.com, "STOY completed the international launch of its first product in the summer of 2014. 10K units were released in Australia on June 27 and 40K units released in the UK on July 01". If you can do the math, 50,000 units at $39.99 equals $1,999,500.00. As a beta test, you are correct, it was a very good one!
STOY's beta test sold out of the entire $2,000,000 of product in less than 90 days. Cloud Pets incorporates many improvements over the company's first generation product and consequently, mass-retailers such as Walmart, K-Mart and Target expect for market demand for Cloud Pets to be considerably higher. I hope this helps you with your misunderstanding.
Extensive market research is always performed by mass-retailers such as Walmart in order to accurately determine market demand before such large purchase orders are placed. I can assure you that not only will the initial order, as it was stated within today's release, sellout very quickly, but many more such purchase order are to follow.
Yes, Cloud Pets can be ordered via the company's website, www.cloudpets.com, and delivered though international shipping.
The CEO stated within the release, "I'm certain this is the first of many orders on this scale". Based upon how Walmart and other large scale retailers typically order, you should expect to see many other large orders to follow very shortly. I hope this helps to clarify your misunderstanding.
Apparently, the company does sell product! Lol! I just wanted to help you get your facts straight.
Based upon the previous news release, I expect that it will be right around the corner.
Spiral Toys will be launching their new product, Vinyl, during 2015 as soon as Apple removes it's patent protection on near-field technology. This could happen any day!
Spiral Toy's manufacturing capacity is established through it's existing distributor agreements with manufacturing plants in Shenzhen China. I understand that Spiral Toys' manufacturing capacity, or "it's manufacturing capacity", is being increased which could only indicate that the company is preparing for an increase in demand over previous forecasts. Clearly the issue here is regarding the importance of future demand for the company's products and I never attempted to suggests that the company owns the manufacturing plant. I hope this helps.
I'm sorry you misunderstood, but to the best of my knowledge, I don't believe I indicated that Spiral Toys owns a manufacturing plant. Although the company does have a Hong Kong office, I simply stated that I heard that the company had to increase its manufacturing capacity in China. I hope that helps to clarify your confusion.
In Spiral's news release April 14 http://finance.yahoo.com/news/spiral-toys-launches-multi-million-200000831.html Spiral said; Spiral Toys Hong Kong has since increased the manufacturing capacity for this line and secured US distribution channels that will support a successful full-scale launch into the marketplace.
"Consumer demand for our original manufacturing run of CloudPets toys was overwhelming," said Spiral Toys president and CEO Mark Meyers. "With the launch of our overseas offices, we are primed to meet and exceed the present request and future orders to come. Spiral Toys is extremely well positioned for successful growth this year.
Spiral Toys Launches Multi-Million Dollar CloudPets(TM) National Media Campaign
LOS ANGELES, CA--(Marketwired - Apr 14, 2015) - Today, mobile wireless technology company Spiral Toys (OTCQB: STOY) announced the launch of a $9.6 million national advertising campaign introducing CloudPets, its premiere line of Bluetooth Smart-enabled, interactive plush toys.
The media campaign began on April 7th, and consists of 30-, 60- and 120-second commercials running on top-tier children's networks including Nickelodeon, The Cartoon Network, ABC Family and Disney XD, among others. The products will be sold over the phone and on the direct response site www.mycloudpets.com.
The campaign supports the official launch of the CloudPets toy line using a direct response retail approach. CloudPets was market tested last year through a direct response campaign that resulted in selling all 2,000 units almost instantly after the first ad ran on television. Spiral Toys Hong Kong has since increased the manufacturing capacity for this line and secured US distribution channels that will support a successful full-scale launch into the marketplace.
"Consumer demand for our original manufacturing run of CloudPets toys was overwhelming," said Spiral Toys president and CEO Mark Meyers. "With the launch of our overseas offices, we are primed to meet and exceed the present request and future orders to come. Spiral Toys is extremely well positioned for successful growth this year."
The current CloudPets direct response marketing campaign will run through the end of the year. CloudPets are expected to have widespread retail availability with an MSRP of $39.99 per unit. CloudPets will be released into mass retail in Q3 of 2015 supported by television and digital advertising. By the end of the year, more than 3,800 individual CloudPets commercials will have run on the nation's most popular children's networks reaching an audience of millions.
"We're proud of the technology and products we've created," said Meyers. "The increased sales of CloudPets we expect from this campaign are a key part of our growth and revenue strategy throughout 2015. Following the release of our CloudPets toys into mass retail we will be starting our digital content distribution to kids and families."
This advertising campaign is being funded by Spiral Toys' direct marketing partners and is part of our agreements with them whereby they fund certain aspects of the Spirals' marketing and advertising costs and provide working capital associated with CloudPets. In return, the marketing partners receive a portion of the retail sales revenues generated from the sale of the CloudPets product line. Consequently, there is no equity component to this and no resulting equity dilution to Spiral Toys or its shareholders. Spiral Toys collects revenue from 3 sources; manufacturing revenue, licensed royalties, and sale of digital content on Apple APP Store and Android Marketplace.
About Spiral Toys
Spiral Toys (OTCQB: STOY) is a California-based company dedicated to developing, marketing, and selling products and mobile applications in the mobile-connected space. Spiral has developed several technology platforms that enable it to acquire and engage consumers in the sale and marketing of physical consumer products and toys.
Spiral collects revenue on both the physical purchase of goods and the sale of digital content through Apple's App Store and the Google Marketplace. Founded in 2011 by a former senior executive at Disney and Sony, the company has developed an integrated hardware/software/cloud solution that enables mobile-connected entertainment.
Spiral's mobile-connected entertainment platform connects physical items to today's top mobile devices through wireless technologies, creating a whole new type of interactive user experience. Spiral sells its products worldwide, and is developing additional applications based on its platform technology for several different verticals within the entertainment industry. The company also acts as co-developer with major entertainment studios.
Website: http://spiraltoys.com/
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Canadian securities laws, including statements relating to expectations for the performance of Spiral Toys. The terms "expects", "would", "will", "believes", and similar terms are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by Spiral Toys in light of its experience and its perception of current conditions and expected future developments, as well as other factors that Spiral Toys believes are appropriate in the circumstances. Many factors could cause Spiral Toys' actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements. These risk factors and others relating to Spiral Toys that may cause actual results to differ are set forth in Spiral Toys' periodic filings with the U.S. Securities and Exchange Commission (copies of which filings may be obtained at www.sec.gov). These factors should be considered carefully, and readers should not place undue reliance on Spiral Toys' forward-looking statements. Spiral Toys has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
I heard it from a very large shareholder who has consistently provided me with accurate updates.
Great news! I just heard that the company had to increase its manufacturing capacity in China. Obviously, massive sales are right around the corner.
I just saw the Cloud Pets ad on the Disney Channel again! What a unique product, nothing else in the market even close!!
Nice opening! I'm hearing that there may be some very big news in a couple weeks!
The STOY market continues to climb and for good reason as I hear that the company along with Disney may be selling new products in conjunction with the release of the Start Wars motion picture!
The Disney Channel just aired the Cloud Pets ad again! The company's connection with Disney will definitely have a very positive impact on sales. I also understand that Disney will be working directly with Spiral Toys with the launch of other products this year!
Absolutely! I just saw the ad on TV and bought one for my son.
These PP shares are all restricted for a year. I know one of the subscribers and he and his group purchased most of the allocation. They are all very strong long term supporters of the company.
STOY is destine for a NASDAQ listing within the next 18 months. The CEO was a senior executive at Disney for almost 10 years and clearly understands what is required to bring successful products to market.
I had a good call with TRTC investor relations today and my expectation is that once the S1 is approved, TRTC will perform very, very well!