This is Cutesaurus. It is what happens when a toy company decides to have some variety in a toy franchise about ponies and runs out of ideas.
It is weird.
If it weren't so pink, and I didn't have standards, I'd try to score one off eBay.
In other news, I have discovered that the total Cybertronian population of my room is 44. I get the feeling that maybe I should stop here.