Badger The Lion

iRobot IPO vs. WowWee's Pseudo IPO

An interview of the inventor responsible for WowWee's Robotics product line, discussing the future of telepresence robots and a full-size protype that he is working with is at:
superstreng.no/media/s...

FemiSapien is now in stock at Amazon.com www.amazon.com/Wow-Wee...

Optimal Group: Divesting Optimal Payments Subsidiary, Growing WowWee

This market is dumber than a door knob. OPMR's value is likely about three times what it is currently selling for.

OPMR is selling its Optimal Payments subsidiary assets to focus on growing its WowWee subsidiary in the Personal Robotics market, projected to be $15 billion by 2015. Divestitures plus this year's EBITDA will likely result in OPMR having about $120 million in cash and equivalents available to expand its WowWee business. WowWee's business is seasonal with more than 80% of its revenue realized in the second half of the year. OPMR guidance for WowWee 2008 revenue is $130 to $140 million. In the 2008 Q2 conference call, the CEO confirmed that it was reasonable to expect WowWee to generate $8 to $10 million of EBITDA in the second half of 2008.

For more info about OPMR and WowWee visit badgerthelion.blogspot...

Optimal Group: Divesting Optimal Payments Subsidiary, Growing WowWee

OPMR for the Bean Counters:
badgerthelion.blogspot...

Optimal Group Extends Option Expiration Date

IRBT makes ConnectR. WowWee makes Rovio.


On Jul 15 01:37 AM DaveinHacken sack wrote:

> How is iRobot a competitor of OPMR? WowWee makes things like talking
> Elvis heads and flying toys; iRobot makes vacuuming robots and IED
> disposal robots.
>
> Also, the "issues" you cite, "Executive management salaries, DOJ
> fines" cry out for some elaboration.