From the briefing section Of Today's West Australian:
Marshmallows a hit
Brainytoys is hoping to ride a wave of marshmallow projectiles to profitability, after gaining the necessary approvals to import and sell its Marshmallow Shooter toys outside the US in key markets Australia, the UK and Europe. The O’Connor-based company said yesterday it now had legal rights to sell the marshmallow shooter products, involving guns, bows-and-arrows and similar products which shoot marshmallows, in toy stores around the world six months after buying US parent Marshmallow Fun Company for $4 million. The products are already sold in toy stores throughout the US. The group also announced its wholly owned US subsidiary had secured a $10 million one-year flexible credit facility and the commitment of a $5 million purchase order financing facility to allow it to finance bigger mass-market orders from retailers.
Add to My Watchlist
What is My Watchlist?