I blogged one of these watches just over a year ago, and this is a variation on that model.
This is a Pez watch which acts as a sweet dispenser holding 6 of the rectangular Pez sweets. It is one of a range of dispensers that Pez released but is not as well known as the cartoon head dispensers that Pez is associated with.
The watch dispensers were released in 1995 and came in a variety of colours. They were made in China by a company called Malibu Fun Stuffed Inc from California (with an international arm which started in 1992 and dissolved 2001). This model has some different box art than the others, and has a Dream Castle logo on the front and Time 2 Go (tm) on the back. Dream Castle are another California company and are the place to make warranty claims to.
The watch part is a standard 4 digit LCD model. It has the usual basic features of time, date, and seconds, but you need a pen to press the buttons.
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