Mego Corp have been keeping very tight lipped about a major announcement they were to make, causing fans of the vintage toy company to ponder just what was in store. From international distribution news to possible new licenses that involved everything from Gilligan’s Island to Melrose Place, Bionic Woman to Star Wars, we were all wondering what it could be.

And while we were repeatedly informed it was NOT a deal with Marvel (as fans were hoping for) what we did not see coming was a deal with Stan Lee’s POW! Entertainment. In an announcement made today via Mego Corps social media channels, the new licensing deal allows Mego Corp to delve into the secret vault of the late Stan Lee – an untapped reservoir of never-before-seen characters created by Lee and introduce these creations to fans in the form of either 8″ or 14″ collectible action figures.

From today’s press release, “With Stan’s vision, I always told him that I’d follow him anywhere,” says Marty Abrams, co-founder and CEO of Mego Corporation. “It’s with great responsibility that I can carry on his one-of-a-kind creations and reveal the characters that he had envisioned. I have tremendous pride in showcasing the work of a long-time friend. Our nostalgic action figures of Lee’s conceptions will now introduce new memories with more characters originated by Stan.”

The news however has had a very mixed reaction from Mego Corp fans from those excited to see new characters from the mind of Stan Lee to those confused as to why Mego would risk on such a license, just as they make their comeback, on characters that no one has heard of or have the backing of a cult following / fan base.

Mind you, this is not the first time Mego Corp have delved into left-of-the-middle licenses that left fans scratching their heads. Last month, among the announcements of new Star Trek, DC and Pop Culture Legends figures, they announced a new line of Impractical Jokers 8″ figures based on the hidden camera reality comedy series that airs on TruTV.

That said, new Mego, in whatever format is still welcome!

Stan Lee’s POW! Entertainment is a multimedia company founded in 2001 by Stan with his friend and business partner Gill Champion, its president. The company has been and will continue to be the guardian of Stan Lee’s legacy, and is excited to roll out new projects and adventures Stan had been working on.

New figures from the Mego/POW! Entertainment announcement are due later in 2019. And as for the news of Australian distribution talked about recently, there is still no official word.