Close, it's My Little Cthulhu, done by John Kovalic & Dreamland Toyworks. There's also a Red/Orange version, limited to 500. "IA, IA!"
It's hard to believe that sky deviler was less than $60 bucks,it's got to be one of tha coolest toy's of tha year..I would love to have a whole army of these in different color's..