On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.

One World Holdings, Inc. (OWOO) Releases 2015 Stockholders’ Letter from CEO

Earlier today, One World Holdings provided the following letter to the investment community from its CEO Corinda Joanne Melton.

Dear One World Stockholder,

As we see the close of another year we are very pleased to report to our stockholders that despite some growing pains in 2013, 2014 was a year of major accomplishments, new partnerships, forward progress and retail success! We are extremely pleased with the growth of our Company and expect this year to be one of more substantial leaps forward.

The Prettie Girls! Dolls now being carried by Toys R Us® and Walmart!

The 2014 Toy Fair was our first opportunity to introduce The Prettie Girls! to the toy industry and we believe the introduction was as successful as it could possibly have been.

A few short months following the Toy Fair, we secured a retail distribution deal with HEB Stores, which is the largest hypermarket chain of stores in the south. This in-store distribution deal with HEB was the first of its kind for The One World Doll Project and we were pleased to announce early last year that The Prettie Girls! sold out in two of the store locations within a week of hitting the shelves. Due to the Prettie Girls! performance in the first four stores, we eventually expanded into 25 stores, and are very pleased to announce that the Prettie Girls! dolls are now in 120 HEB stores across the state of Texas. Additionally, we recently announced that Fiesta Mart, another large retail store chain in Texas, added our dolls to the shelves in 40 of their stores, bringing the total brick and mortar stores that carry The Prettie Girls! dolls to 160.

In August of 2014 we announced that we signed an agreement with Toys R Us® to distribute The Prettie Girls! dolls on ToysRUs.com ad a few months later we also received our first purchase order from Walmart® to begin offering Prettie Girls! dolls at Walmart.com for the 2014 Christmas season. Planning is currently underway to release The Prettie Girls! dolls along with a new line of Prettie Girls! on Toys R Us®, Walmart® and other national retailers’ shelves this coming fall.

While revenues are increasing we are also focused on reducing our operating and production expenses.

As our revenues continue to grow, the business expenses will also increase. However, expense reduction remains a priority. To further this initiative, we hired a long term, experienced CFO, Mr. Dennis Gauger, to manage our SEC reporting and fiscal planning for 2014 and beyond. Mr. Gauger has identified several areas where expenses can be substantially reduced over the next twelve months. We have already implemented those plans and are pleased to report that we saw a significant reduction in some operational costs for the third and fourth quarters of 2014.

In relation to our manufacturing costs, through the efforts of our Chief Manufacturing Consultant, Gene Insley, former Mattel Sr. VP, we have been able to reduce our cost per unit on The Prettie Girls! dolls without any reduction in the quality of workmanship of the product.

Debt Elimination and Consolidation

As a key component of our 2014 growth plan, we engaged the services of an equity financing firm to implement a debt reduction plan which has allowed us to retire substantial amounts of convertible debt over the last six months and we anticipate being able to continue this trend throughout the first and second quarters of 2015.

Despite our successes, we have struggled at times with the challenges of maintaining a balance between a desirable stock price and financing the needs of the company. As a growing business we have seen the negative impact that expensive debt can have on the company’s stock price and to remedy this, we are in the process of engaging new finance partners and private equity investors.

As the CEO of this company and a stockholder, I clearly understand the desire for our stock price to be at optimal levels, but as a growing business over the past few years, we have accepted growth capital that had some negative effects on our stock. As a result, we encountered unfair, deceptive and/or manipulative conversion and trading practices with some of these lenders, and have taken certain measures to protect the stockholders from this type of activity.

As the company continues to secure big box distribution with retailers such as Toys R Us® and Walmart®, we are on a clear path to success and attracting more long-term equity investors. The process of improving our balance sheet is just that – a process – and it will take some time. However, with the growth of sales, expansion of our product line, continued media exposure, the development of strategic partnerships, utilization of celebrity relationships and hard work, we will continue to make progress and achieve success.

Brand Expansion and Strategic Partnerships

As The Prettie Girls! have become more visible here and abroad, the value of the brand has grown substantially, thus allowing us to focus on ancillary revenue streams such as licensing and merchandising. Through the efforts of our PR partners, Shade Global and Rubenstein PR, we are now expanding the brand of The Prettie Girls! dolls at an accelerated pace. To date, we have had features produced or completed interviews with over 30 online and print publications such as USA Today, Essence, Entrepreneur, Dolls Magazine, The Toy Book and television appearances on CNN, Fox News, ABC, CBS and more recently, an appearance on the popular daytime talk show, The Real.

Strategic partnerships and new product offerings are expanding the Prettie Girls! Brand

While many great things have come from our appearance at the 2014 Toy Fair, we believe one of the most notable is our receiving an endorsement from Robert Tonner of The Tonner Doll Company. Mr. Tonner is one of the most successful and well-known doll designers in the world, and he has grown The Tonner Doll Company into a multi-million dollar business. After Mr. Tonner gave us his endorsement, he and our founder, Trent T. Daniel, began to explore strategic partnership possibilities. We are excited to announce that The One World Doll Project and The Tonner Doll Company have entered into a collaboration to launch a new line of Prettie Girls! dolls called the Prettie Girls! Tween Scene.

The Tween Scene dolls were presented to Walmart buyers last year and received positive feedback. The Prettie Girls! Tween Scene will be 16-inch dolls that represent a group of pre-teen girls who also identify themselves as Prettie Girls, meaning they possess the seven attributes that make them PRETTIE (Positive, Respectful, Enthusiastic, Talented, Truthful, Inspiring and Excellent). Each of the Prettie Girls! Tween Scene dolls will have ethnicities from different parts of the globe including The United States, Mexico, Canada and China. The molds for these dolls were created by Robert Tonner and the fashions and face sculpting are a collaboration between Mr. Tonner and our doll designer, Stacey McBride-Irby. By partnering with The Tonner Doll Company to create this new line, the company has saved over $200,000 in molds, sculpting and engineering costs.

The Prettie Girls! Tween Scene dolls will expand our reach into the 16-inch doll market as well as round out our total product offering for next year, which will also include Prettie Girls! fashion packs, kids and adult apparel, accessories and more. We plan to debut our entire 2015 offering at The 2015 Toy Fair and will begin taking orders from big box retailers during the second quarter of 2015.

Summary

As a company that continues to have and has proven its potential for great success, we also understand that one of our most valuable assets is a confident and enthusiastic stockholder base. We want everyone who is a stockholder of One World Holdings to know that we are always striving to deliver stockholder value. I, along with the rest of the executive and management team believe that the accomplishments laid out in this letter will demonstrate that progress is being made, mistakes of the past are being corrected and growth is happening at a rapid pace.

The One World Doll Project is an amazing company with a talented and loyal team of professionals who are 100% committed to building this into a strong enterprise that we believe can truly capture sizable market share over the next two years.

We truly hope that as the future unfolds, you will continue to be on this journey with us, and if so, we ask for your patience and support. There have definitely been some bumps in the road but we also want you to know that we are not out of touch with the effects our decisions have on stockholders. As a stockholder of this company, I am personally committed to making this company a success.

Thank you for your continued support and confidence in The One World Doll Project and The Prettie Girls! dolls!

Sincerely,

Corinda Joanne Melton
CEO
One World Holdings, Inc.

Let us hear your thoughts: One World Holdings Message Board

Archives

Select A Month
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010
  • August 2010
  • July 2010
  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • September 2009
  • August 2009
  • July 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • February 2009
  • January 2009
  • December 2008
  • November 2008
  • October 2008
  • September 2008
  • August 2008
  • July 2008
  • June 2008
  • May 2008
  • April 2008
  • March 2008
  • February 2008
  • January 2008
  • December 2007
  • November 2007
  • October 2007
  • September 2007
  • August 2007
  • July 2007
  • June 2007
  • May 2007
  • April 2007
  • March 2007
  • February 2007
  • January 2007
  • December 2006
  • November 2006
  • October 2006
  • September 2006
  • August 2006
  • July 2006
  • June 2006
  • May 2006
  • April 2006
  • March 2006
  • January 2006
  • December 2005
  • October 2005
  • September 2005
  • Market Basics

    New to the micro-cap markets?Get answers to your questions about investing in Small-Cap / Micro-Cap Stocks and learn how to protect yourself.

    The Basics

    Newsletter Publishers

    Have an up and coming newsletter and want to be included in our coverage list? Looking to get more coverage and grow subscriptions? Register for coverage.

    Register

    Public Companies

    Are you a Small-Cap / Micro-Cap company looking for coverage? We'd love to hear from you. Fill out our quick contact form or send us a text.

    Get Covered