Mego of the Day: Magnetic Superman
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Our own Scott Adams is now taking preorders to factory make these cool little items for playsets. They are 5 for $25 would look smashing if you have a display of Mego Star Trek or Superheroes for that matter.
We've only got 20 sets to go before these things become a reality, so if you're interested act fast!
Are a fan of the Mego/Palitoy Space:1999 figures? What did you think of the reproduction line?
Let us know at the Mego Forum.
(Felines image courtesy of Laurie Halbritter)
Meanwhile, another new company was formed comprising of as Ruzzi put it "The only powers left at Mego" Mike Bauer(Sales), Pat Sirkus and financial whiz Jim Groberg. The new company was to represent PAC and handle sales and R&D for the fledging toy company. It's name was OJEM.
It's announcement was somewhat frank and functional, a far cry from the highpoint of the company's creativity.
Sadly, this second attempt to launch the World's Greatest Toy Company seemed curse as it was beset by legal problems and in June 1984, facing 3 million in debt, PAC Packaging Corp, the parent company filed for bankruptcy protection.
For more information on this period, please read PAC TOYS: A Conversation with Joe Ruzzi.