The Raw Fusion was a totally nude and natural version of the Cold Fusion. These were straight from the machine shop, and not even polished.
When Playmaxx settled it's lawsuit with Custom Products for patent infringement, the settlement included all unfinished Cold Fusions under production by Custom at the time of the suit. Custom was the machining company that made the Cold Fusion for Playmaxx, before starting their own line of yo-yos.
Playmaxx received a large number of these, some anodized and some not, and released them to their customers in a no frills "bulk, unpackaged" version. No logos, as that laser engraved logos will not work on natural aluminum, only on anodized aluminum.