"Our investments in product development, strategic marketing programs and our overall portfolio of innovative products, many based on popular and classic licenses, have us well-positioned to achieve record sales in the second half of 2007".
"We expect strong performances from many of our product lines, including WWE and Pokemon action figures, a full array of dolls, playsets, electronics and role play accessories for the two top Disney sensations Hannah Montana and The Cheetah Girls, new TV Games, as well as our Plug It In & Play EyeClops Bionic Eye, our new line of XPV Xtreme Performance Vehicles toys, Puppy in My Pocket and more."
Mr. Friedman concluded, "We will continue to seek to grow our business by actively pursuing additional character and product licenses, as well as complementary acquisitions that offer valuable product lines, trademarks or brands. Our financial position remains very strong and, as of June 30, 2007, our working capital was approximately $292.1 million, including cash and equivalents of $180.9 million."
marketing@alchempro.com
