Toby Lenk Quotations

Growth has been tremendous. We expect to do about 20 times what we did last Christmas this Christmas.

We are focused on kids a mile deep, and mass retailers are a mile wide and a few inches deep.

Going forward and based on current operating realities, we will take aggressive steps to reshape the company's cost structure and to best position the company for the future.

Our most important achievement to date is having established a definitive online leadership position through our sole focus on the estimated $200 billion global market for children's products.

We are disappointed that sales have not materialized to the degree we had expected, but we point to the fact that the company is expected to show between 12 percent and 22 percent growth in revenue versus the same quarter last year and that we are serving customers exceptionally well this holiday season.

We've built a brand and a platform that can grow through to profitability. We have a great strategy in place. We just have to execute, execute, execute, execute.