![]() ![]() ![]() The delayed start of the selling season resulted in a sharp decline in revenue compared to prior years.” The company notes that “perhaps the largest single factor was an unusually wet spring with cooler and wetter weather deeper into the second quarter of 2019. As of the filing, outstanding obligations of Imperial Toy to Great Rock Capital total $13 million in addition to an outstanding balance of the obligations to the Hirsch Trust of approximately $9,144,333. Prior to redemption, Tiger and Art Hirsch each owned 50% of the company. closure of Toys “R” Us, which occurred just months after Imperial Toy entered into a series of redemption, loan, security, and related agreements with the Hirsch Family Trust to repurchase and redeem equity in the company. The deal with Great Rock Capital happened in the month following the U.S. In the first day declaration of CEO Peter Tiger, the company detailed an accelerated deterioration in performance largely due to external factors that emerged following last year’s financing moves. Seventy-eight percent of Imperial Toy’s business comes from owned brands and IP, such as Blitz and Super Miracle Bubbles, with 22% of sales coming from licensed brands and properties, including Disney, Marvel, DC Comics, Little Tikes, Thomas the Train, and Teenage Mutant Ninja Turtles, among others. The company, which was founded in 1969 by the Kort family, celebrated its 50th anniversary at Toy Fair New York this year, just seven months after it secured a $12 million credit facility with Great Rock Capital intended to fuel growth. Bankruptcy Code in the California Northern Bankruptcy Court of San Jose. All rights reserved.A perfect storm of challenging elements prompted Imperial Toy to file for protection under Chapter 11 of the U.S. If you have any questions, you can contact us by ebay message, and our representative will contact you within 24-48 business hours. We bring you the quality archery products from Southland Archery Supply, Barnett Crossbows, PSE Archery, Ten Point Crossbows, Ravin Crossbows, Obsession Bows, Carbon Express Bows and more for sale at the best price, and we want everyone to enjoy our products and save money from our popular packages deals. About Us Thanks for choosing TheCrossbowStore as your crossbow and archery bow supplier. Weekend and Holiday emails and calls will be answered the following business day. We do our best to make sure that most of these emails and phone calls are returned that same day, if we need any extra time to research your questions you will be notified by phone and email. We take pride in our Customer Service and value all of our customer’s questions and concerns. Features: Sucker Darts are safe and fun for Toy Crossbow Three Colors: Blue, Yellow, and Orange Package Contents: 12 x Sucker Darts Payment Paypal and all Major Credit Card Shipping Please feel free to email us. Voted top office toy on Channel Five's "Gadget Show" the Toy Crossbow is easy and safe to use in the home or office. HOME New Arrivals Ending Soonest Best Match View Feedback Contact Us View All SAS 12 x Toy Crossbow Archery Sucker Darts Toy Gun Youth Kids ITEM DESCRIPTION These sucker darts for the Toy Crossbow can be great fun for kids and adults alike, they can be used indoors or out without any danger of damaging anything. Sucker Darts are safe and fun for Toy Crossbow. ![]() Item: 292600273336 SAS 12 x Toy Crossbow Archery Sucker Darts Toy Gun Youth Kids. ![]()
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