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Perfect! I just bought 12,500 shares!
And the Success keeps coming!
Orders for Spiral's CloudPets Mobile-Connected Plush Toy Tops 1 Million Units
Major TV and Digital Media Campaign Driving Demand for Spiral's Unique Bluetooth-Enabled Toys
LOS ANGELES, CA--(Marketwired - May 26, 2015) - Spiral Toys (OTCQB: STOY), a leading provider of mobile-connected wireless entertainment products, has received another 500,000 unit purchase order for CloudPetsâ„¢, the company's flagship line of Bluetooth-enabled, interactive plush toys.
CloudPets deploy Spiral's proprietary Bluetooth Smart Communications Module that wirelessly connects its internal voice box to any popular mobile device, allowing parents, grandparents or friends to deliver in their own voice a "message you can hug" from anywhere in the world. Then with just a squeeze, the child can instantly reply.
The purchase order represents the second 500,000-unit order placed by CloudPets' primary global distributor who services major retailers. The distributor has reported strong demand and outlook since placing an initial 500,000-unit order at the end of April.
"This phenomenal demand for CloudPets validates our concept of connected toys and demonstrates the huge potential of our technology platform," said Mark Meyers, CEO of Spiral Toys. "In fact, with orders now exceeding 1 million units, we've surpassed our initial benchmarks for this phase of the product roll out."
Consumers have been ordering CloudPets online at www.mycloudpets.com and by phone in response to a multi-million dollar television and digital advertising campaign launched in April. The launch follows a trial program last year where all 2,000 allocated units sold out immediately after the first CloudPet TV ad debuted. CloudPets currently sells online for $39.99, plus shipping and handling.
The new media campaign calls for more than 3,800 CloudPets commercials to air on the nation's most popular children's networks, including Nickelodeon, The Cartoon Network, ABC Family and Disney XD. Reaching an audience of millions, the television commercials support the ongoing direct response campaign as well as the planned roll out to major retail stores this summer aimed at stocking the shelves with CloudPets for the holiday season.
CloudPets is the first product that incorporates Spiral's mobile-connected entertainment platform that connects physical items to mobile devices through wireless and mobile technology, thereby creating an entirely new interactive user experience for both kids and adults.
The platform is powered by mobile applications available for free download on Apple's App Store and on Google Play, with the apps providing dynamic interaction and the potential for content and feature monetization through in-app purchases.
"To be sure, Spiral is about much more than fun, lovable plush toys, and even more than the amazing mobile apps that connect them," added Meyer. "Spiral is actually a new genre of multimedia platforms that represents the ultimate in converged communications and interactivity. Our focus is less on purveying toys, but more on developing and delivering the proprietary technology that powers such connected products. Our goal is to become the leading 'Intel Inside' for all kinds of entertainment products, manufactured by us or others, with CloudPets representing just the beginning."
About Spiral Toys
Founded by a former senior executive of Disney and Sony, Spiral Toys (OTCQB: STOY) is a California-based company focused on developing and marketing products and mobile applications in the mobile-connected space. Spiral's mobile-connected entertainment platform connects physical items to today's top mobile devices through wireless technologies, creating a new kind 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. 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. The company also acts as co-developer with major entertainment studios. For more information, visit www.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.
Investor Relations Contact:
Toll Free: (844) 681-7627
Email: investor@spiraltoys.com
Considering that Spiral Toys has demonstrated such amazing success with the recent launch of the Cloud Pets product line, the fact that such focus is being place on the qualifications of the interim CFO demonstrates the desperation of certain individuals...I wonder who?
Year Low: $0.20
Year High: $0.87.5
Current Price: $0.5189 Up 4.83%
Year-to-Date: Up 159.45%
Market Cap: $22.27M
Retail Orders to-Date: $40,000,000.00
STOY Valuation & Trading Range:
Year Low: $0.20
Year High: $0.87.5
Current Price: $0.5099 Up 3.01%
Year-to-Date: Up 154.95%
Market Cap: $22.27M
Retail Orders to-Date: $40,000,000.00
I just saw another Cloud Pets ad on TV. This time, it was on the Disney Channel.
STOY Valuation & Trading Range:
Year Low: $0.20
Year High: $0.87.5
Current Price: $0.495
Year-to-Date: Up 147.5%
Market Cap: $22.27M
Retail Orders to-Date: $40,000,000.00
STOY Valuation & Trading Range:
Year Low: $0.20
Year High: $0.87.5
Current Price: $0.595
Year-to-Date: Up 147.5%
Market Cap: $22.27M
Retail Orders to-Date: $40,000,000.00
Nice green close today, slow and steady...at least until the release of the company's Q2 results!!
Wrong Again! That was me accumulating...wishful thinking! Lol!
My buys at these levels today are a gift! Please short me some more, go ahead, make my day...LOL!
STOY Valuation & Trading Range:
Year Low: $0.20
Year High: $0.87.5
Current Price: $0.5188
Year-to-Date: Up 159.4%
Market Cap: $22.27M
Retail Orders to-Date: $40,000,000.00
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.
STOY should open strong tomorrow as my account is funded and I am prepared to continue accumulating at these levels.
Where did you obtain non-public information regarding existing sales? Lol! That was a bit of a stretch! ??
With a $19.5M retail order, I would suggest the company will realize much more than $1M in revenues after payout to their distributor.
I am only referring to previously released information from the company. You obviously have not done your homework and I suggest a more thorough review of the company's corporate literature would be in your best interest.
You can expect Q2 revenues to be several million $$ with Q3 and Q4 revenue is increasing exponentially as the company introduces it's new products to the market.
I understand that the company will be expediting the release of its Q2 numbers. I wonder why… LOL!
It's nice to see that you are finally acknowledging the fact that STOY is in revenues. The companies Q2 financial report will be very rewarding for the legitimate STOY investors, and quite unsettling for those other posters possessing a nefarious agenda.
STOY: over $19.5M in sales at retail in Q2.
STOY Valuation & Trading Range:
Year Low: $0.20
Year High: $0.87.5
Current Price: $0.49
Year-to-Date: Up 145%
Market Cap: $20.27M
Retail Orders to-Date: $19.5M
STOY Valuation & Trading Range:
Year Low: $0.20
Year High: $0.87.5
Year-to-Date: Up 145%
Market Cap: $20.27M
Retail Orders to-Date: $19.5M
I guess I need to go higher, very difficult to buy here!
My $0.48 bid is still there...Fyi, I am a Spiral Toys shareholder with no association with the company. With whom is your association? Lol! Oh, I just saw another ad for Cloud Pets on TV! Go STOY!
Thanks! I'll take another 3000 shares at $0.48 please!
Absolutely, considering I am the bid and I have not been able to buy one share today… Wink, wink.
Less than 32K on the offer all the way up to $2.00..
Nudge, Nudge
April is in the second (2nd) quarter! Count the months, one, two, three, four. I hope that helps you understand. The current sales will be reflected within the Q2 results, not the Q1 results. Got it??
Actually, Yes! The company's sales commenced last month and very shortly, you are going to be in for a very rude awakening!
Sales commenced in on April 7th, not February 7th, my error.
The new app can be downloaded here: https://play.google.com/store/apps/details?id=com.spiraltoys.cloudpets2
Yes, the new app was rolled out with the launch of Cloud Pet's last month. Sales commenced on April 7th in conjunction with the company's direct response advertising campaign and I can only assume that reviews and blogs will accurately reference the company's current products shortly. Spiral Toys' CEO has been to Asia on three separate occasions over the past month in order to increase production output of the product. Therefore, I expect many more large purchase orders to be announced shortly.
That is completely irrelevant. The fact is that I have purchased the Cloud Pets product and I t works perfectly. My children love it and everyone who I have shown it to thinks it's amazing. I might suggest that you actually do your own due-diligence.
You are confusing Cloud Pets with Toy-Fi Teddy. Toy-Fi Teddy was the company's beta test product and all technical issues encountered, primarily when using android devices, were resolved before the launch of Cloud Pets.
The party hasn't even started yet, but stay tuned! I can assure you that Walmart has completed extensive assessments of the product prior to placing such massive orders. The fact that multimillion dollar orders for the Cloud Pets product line have been placed by respected mass retailers such as Walmart, K-Mart and Target clearly illustrates the high quality of the product much more that a (your) review.
Great day! I was able to buy almost 20,000 shares today under $0.50!
In a recent news release on April 29, Mark Meyers, the CEO of Spiral Toys said;
"The initial release of 500,000 units to North America's preeminent retailers is an enormous accomplishment for CloudPets, and is an excellent indicator of the strength of our strategic plan," said Spiral president and CEO Mark Meyers. "Spiral's three-pronged revenue strategy, beginning with the device's manufacture, and continuing through the entire lifecycle of the device, is proving to be a very successful model. In addition to the 500k unit order, we are currently in process of filling orders in response to our television advertising campaign which began earlier this month."
This three-pronged revenue strategy includes hardware and licensing fees for Spiral technology, the sale of the physical toy to the consumer, and the ongoing revenue from in-app purchases and digital content creation from that end-user.
"We believe that the CloudPets orders will raise the manufacturing revenue outlook for Q2 and Q3, as well as digital revenue in Q4," said Meyers. "We're very excited by this initial purchase order and believe it will pave the way for the continued development of additional lines of business."
From this I think we can assume that CloudPets will be on retail shelves of major retailers like Walmart, Target, TRU, Kmart and Bed Bath and Beyond within the next 2 to 3 months.
Yes, I was informed by the company that over 2,600 Cloud Pets have been delivered so far from orders received from the direct response advertising campaign. This campaign is looking to be a huge success with many orders coming in everyday.
Huge Opportunity here and your comment is untrue as my order is good for much, much more than that. I will accumulate whatever may hopefully come available at these levels.