Yeah we don't really know what to make of this either but Mattel has listed what they are calling a "Baby Skeletor" figure on MattyCollector.com. Here is the official description for the figure:
The Evil Lord of Destruction goes back in time… and turns into an itty bitty blue baby! This tale of a tyrannical tot, an unexpected detour, and buffalo wings comes from the twisted minds at one of our favorite stop-motion TV shows, and was the inspiration for this little guy. A must-have for true MOTUC fans, Baby Skeletor measures 12” tall (a total of 15” when sitting on his evil royal potty, including the potty) with articulation at the legs, shoulders and neck, and a face only a mother could… nope, sorry… even she thinks he’s hideous. The childish commander and his commode arrive in a unique closed-box throne package, and comes with a removable “Born to Rule” baby t-shirt and his Havoc Staff rattle. Baby Skeletor may seem harmless, but remember… 80% of his body weight is in his horrible head!
You must be 18 or older to purchase this product.
The figure will cost $35. No word on release date other than coming soon.