Recently on ebay there was an auction that a guy had up that was almost complete. I noticed on his Hachiman figure there was a cape. I emailed the seller and asked him about it. He told me it was a U.K. variation. How come i’ve never seen this before and how many exist? I included the pic from the auction.
mike
http://i224.photobucket.com/albums/dd188/dkk1970/100_0854.jpg
I’ve never seen it either. Looks like it could be legit though. 
Yeah, looks good on there, like it is suppose to be there… 
Hi,
It’s NOT a UK variation! It belong to a figure in a different toy line, not ThunderCats.
Justin
The color matches almost perfectly, and looks cool!
I agree that it looks good, but that guy shouldn’t try to sell it as a variation, when it really, really isn’t one. If LJN produced a Hachiman with a cloak it wouldn’t be a solid plastic one. His action feature wouldn’t work with it.The two ThunderCats figures with a cape, the unproduced “winged” Mumm-Ra and Jaga, both had cloth capes, no plastic…
It is a Bravestarr Thunderstick cape
good now that I know what it is I am getting one for my Hachi =)