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Except for the ones that did.
While 1990, the year the Action Masters were released, was the last year of the original Transformers toyline in the United States (they would return by 1993 as Generation Two), the Transformers line never stopped in other parts of the world. Notably, in Europe and parts of Australasia, Action Masters were released for a second straight year, including both repaints of molds released the previous year and totally new molds. Four of these new molds formed an Action Master sub-line: "Elites."