TMNT Ultimates wave 11 speculation:

In a recent podcast Kyle from Super7 revealed that the Rat King figure was inspired by the  Shredder's Revenge version of the character and not the original toy. This gives credence to the room or that Playmates Toys is blocking Super7 from making toys inspired by the original toys by Playmates. Using this limitation and the fact that they're going with four figures instead of five to make a theoretical list of figures for wave 11.

Or 3 figures + Karai, since she was leaked as the 5th figure of wave 10 once removed.

And out of those 3 figures one is a redco and the other a Turtle Variant that cannot be Donatello.

Let's make 3 lists:

List 1 would be "What I want" meaning that the fogures here, are ones I'd want the most

List 2 would be "What I expect from Super7" meaning random set of figures that I think might be appealing for others and not necessarily high on my list.

List 3 would be "What I'd hate" self-explanatory. These would be figures that would make me skip the whole wave except Karai.

List 1: not counting Karai:

TVar: a new take on Rapping Mike...

Think a cross between Ali G and Vanilla Ice, with a hint of Naruto... Hear me out. Between Ali G and Vanilla Ice we have the whole tracksuit rapper vibe. If we add some TMNT accouterments, he's going to involuntarily lean towards Naruto. Especially if his tracksuit ends up orange or yellow, which he should.

One of his heads should have a Durag style Bandana (and reusing the sewer surfing glasses) in a TMNT/Ali G look. The second head should have a Vanilla Ice in TMNT2 Wig. The third head should have a backwards cap and a big smile showing his gold grill.

For accessories, the Mic-chucks are obvious, a couple of vinyls to use as shuriken and can be popped into a turntable. He will obviously need  scratching hands for using the turntable.

Rdco: toon Rocksteady

Basically same Rocksteady with a new second head without helmet, recolored shirt with bandolier and removable wooden sword.

Nrml: Herman The Hermit Crab

Sure he's a bit of a big boi with his dumpster "shell" though Super7 could shoot for a smaller sized dumpster (like a 2 yard dumpster, which is rather small) he's probably a Mon*Star priced figure 

Sure, some people would complain about Rapping Mike not being a Flava Flav tribute, but assuming that Playmates Toys cockblocked Super7, it was the best option...

List 2: Not Counting Karai:

TVar: Raph the Berserker

This would be part of a "tabletop fantasy" themed set where Raph is the Berserker, leo is the Paladin, Don is the Mage, and Mike is the Bard. Picture a mix of Greek and viking Kratos with hints of MOTU. One of the alternate heads should be a medieval helmet reminiscent of the Nightwatcher helmet. Another of the heads should be a maskless Raphael with warpaint in the shape of his mask.

Rdco: Foot Ninja

This redeco is more a 2.0 figure with hints of Mirage. 3 heads: normal foot soldier, bandana foot ninja, Shredder's Elite Ninja head. Instead of the guns and weapons from the first Foot Soldier, this foot ninja gets ninja weapons (same old swords, daggers, Sewer Samurai Kunai, and a new halberd.) Toss in a soft goods cape to use with the Elite Ninja head and we're done...

Of course Super7 should rerelease this dude in his own at a later date as a "second chance for army building" pseudo wave.

Reference for the heads.

Nrml: Dask

Based on Shredder's Revenge, Dask would end up with similar accessories to Zak. Same skateboard, same small blaster, same turtle communicator, different jetpack, and a new weapon.

I chose this new Raph variant as a nod to Warriors of the Forgotten Sewer and started with a character who didn't get a figure in that Playmates wave... I'm so going to make a "Sewers and Splinters" themed rant soon. 

Choosing the Foot Soldier to give it a 2.0 treatment was an obvious choice. It gives us things that Playmates Toys never gave us, it still follows the "mirage did these, so we can too" angle. And Dask gives us 2 out of 3 Neutrinos.

List 3:

TVar: a Baseball Raph

Not the same thing as the Playmates figure. Sure, the baseball uniforms tned to be similar, but give him a different color palette and design. For accessories. A mitt, ball, bat, and other baseball related items. As a joke the bat should have a JC or the number 33 engraved on it. Yes, it's a reference.

Rdco: Mirage Colors April

Same April we got but blue outfit and brown boots. I must mention that her skintone must match April 1.0 and she should come with different accessories. New Toon Accurate head, New Mirage head, 2 Mousers.

Nrml: Human Baxter Stockman

Basically a Baxter Stockman figure pre mutation, but based on his Mirage look and the outfit of Fly Baxter. He'd have a spare Caucasian Baxter head and it should work like their Cobra Trooper. As a bonus, you could use some of the extra African American hands on Fly Baxter and have the AA Fly Baxter.

I know what you're thinking; I've campaigned for stuff on this wave, mainly Karai, Human Baxter, a Mirage redeco April: How can i be hating on this wave? It suffers from the same issue as wave 10 too many hoomans.