One World Holdings Inc (OTCMKTS:OWOO) is experiencing some of the better days as its session is closing in green ever since it registered a success in retail sales of its Prettie Girls! Yesterday was no different as the company proudly informed that Hallmark Stores has placed an order for the company’s Prettie Girls! Tween Scene multicultural fashion and play dolls.
New development
The company informed that the order was placed after the Hallmark buying team approached it. Following the order, One World Holdings Inc(OTCMKTS:OWOO) showed confidence that the dolls will gain more popularity when they are placed on shelves during the Holiday season across the United States. On this accomplishment, Trey Waldhauser, who is VP of Sales at the company’s subsidiary The One World Doll Project, said that the new order from the Hallmark Stores is an affirmation to their 2015 growth plan.
Earlier to this, The One World Doll Project had shared the intention of selling its 9.89% stake to The Tonner Doll Company. The company had informed that the final details of the agreement are being worked upon, and a final definitive agreement will be signed shortly. Tonner Doll Company’s CEO, Robert Tonner had expressed confidence that their investment in a project with estimated sales potential of $59.3 million over the next five years is one of the best ways to expand retail presence. Tonner said that One World’s recent tie-up with more than 2,900 Walmart stores across the U.S. has made the idea of investing into the company compelling.
Acquisition target
Meanwhile, One World’s CEO Joanne Melton also appeared positive on the development and signaled at improved prospects of revenue generation following the alliance with Tonner Doll company. Melton shared that they are looking to become an exciting acquisition target by a major toy company in the coming 18 to 24 months. The stock of One World Holdings Inc (OTCMKTS:OWOO)’s ended higher by nearly 6% to $0.00740 during the yesterday trade, while a total of 12.39 million shares changed hands.
