The One World Doll Project, which is a subsidiary unit of One World Holdings Inc (OTCMKTS:OWOO) reported that a joint interview was released last week featuring company’s CEO, Mr. Joanne Melton and doll designer, Mr. Robert Tonner, the CEO of the Tonner Doll Company. The management reported that interview can now be accessed online at company’s official site oneworlddolls.com.
During the interview the CEO reported that One World has been expanding its operations and as a part of it Tonner has committed to offer up to $2 million in low-cost financing to be deployed for advancement of One World into a toy business with strong foothold in industry.
Mr. Tonner announced that his association with One World is being made with intention of developing both the companies into prospective candidates for acquisition by a big toy company in the future. He mentioned that he previously had an acquisition offer from Mattel. However, he chose to further pursue his objective of growing the firm into a bigger brand by expanding into mass retail dolls segment.
Mr. Tonner further added that due to their recent success with retailers like Walmart and Amazon, he identifies the One World as an ideal entity to assist Tonner Doll Company to extend its reach into mass retail. He is very thrilled about the growing relationship.
The One World Doll Project is a dream project of Trent T. Daniel and Stacey McBride-Irby. They established the brand in 2010 with an objective to offer something unique in the retail doll industry. The brand, The Prettie Girls! showcase dolls having different style and interest, with diversity in culture. It is a special product for a market looking for something different and innovative to experience.
In last trading session, the stock price of One World Holdings Inc (OTCMKTS:OWOO) plunged 12% to close the trading session at $0.00600.