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Thread: Topps Mego Monday Thread

  1. #51
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    Topps will no longer be making baseball cards and when I think of Topps the first thing that comes to mind is baseball cards. Could this affect the Mego deal? When companies lose what they’re known for bad things usually follow.
    Update: I jumped the gun. Their partnership ends in 2025. So this shouldn't affect anything right now.
    Last edited by Mego Newbie14; Aug 20, '21 at 7:24 AM.

  2. #52
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    Any word on packaging for these figures? Is it safe to assume they'll be carded or might they come in old JC Penney mailer boxes?
    WANTED - Solid-Boxed WGSH's, C.8 or better.

  3. #53
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    Quote Originally Posted by Mego Newbie14 View Post
    Topps will no longer be making baseball cards and when I think of Topps the first thing that comes to mind is baseball cards. Could this affect the Mego deal? When companies lose what they’re known for bad things usually follow.
    Update: I jumped the gun. Their partnership ends in 2025. So this shouldn't affect anything right now.
    These type of things are usually taking place well before it hits the general public, so the Topps / Mego deal could have been in play as a way for Topps to try and diversify its' portfolio and look towards future earning potential, knowing what was coming with MLB and the MLBPA. (For the sports card collectors, Panini is getting hit too with the loss of NBA (and NBAPA) and NFLPA.)

  4. #54
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    Quote Originally Posted by TRDouble View Post
    These type of things are usually taking place well before it hits the general public, so the Topps / Mego deal could have been in play as a way for Topps to try and diversify its' portfolio and look towards future earning potential, knowing what was coming with MLB and the MLBPA. (For the sports card collectors, Panini is getting hit too with the loss of NBA (and NBAPA) and NFLPA.)
    The bigger worry about Topps as a result of the MLB decision is this:

    https://www.wsj.com/articles/topps-s...al-11629463989

    Their planned merger which would allow them to go public and raise the operating capital they needed moving forward has collapsed because of the MLB/MLB Player's Union decision not to renew with Topps. This was the planned deal that fueled their recent resurgence in Topps value, which, not that it will remain public has potential investors backing out of financing agreements and has caused estimated of Tops valuation to plummet since the MLB decision was announced yesterday. It's great that they want to branch out and diversify. The business reality is such moves require investment and capitalization or debt margins get too high. Topps thought they had a deal in place to ensure that investment and capitalization and it has now fallen though. That, more than the loss of the MLB card deal, is the real concern regarding Topps future. Can they secure the financing they need to cover operating costs in the short and long term for them to reap any potential revenue these attempts at diversification can provide. Will the perception of Topps among investors remain attractive enough for them to secure the type of financing they will need with the loss of this merger and the capital influx going public would provide?

    They will still produce MLB card until 2025 and have the short term revenue from that until their current deal expires. The question is, will they find investors to replace the SPAC group they were to merge with to ensure long term capitalization? No amount of new licenses or new product types can guarantee the type of confidence in a company needed to secure the kind of financing they will need. The Mego deal could be a huge success and reap a lot of revenue, but if investors don't see that as a long term solution for what they lost in the SPAC merger deal, it won't matter.

    -M

  5. #55
    Will there be a Mego live event tonight? Will they be revealing next Monday's Topps offerings?

  6. #56
    No live event tonight. I guess we have to wait until Monday.

  7. #57
    Thanks Lonnie. Interested in what will be offered. :-)

  8. #58
    It would be really cool if it was Star Trek!

  9. #59
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    Quote Originally Posted by LonnieFisher View Post
    It would be really cool if it was Star Trek!
    Yes it would!!

  10. #60
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    Is there a particular time the next figures wii be announced on Monday?

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