So after a long time of looking for what the hell this thing was called, I finally found it. Something I had as a kid, I thought it would be way too obscure to find.
It was momma cat and her babies. I remembered the heart collar and a color change if you put it in water. It was from a line called "Kitty in my pocket." Some of them are pretty cute ! But the quality control looks eh so some have sloppy paint .
http://www.90sinmypocket.com/ 