The fearsome Red Queen is an entity from another dimension, trapped here as punishment for indiscretions in the royal court of her master, The Arch Duke Azregh. She plans to carve out her own empire through force and terror, and then to return to her own dimension to overthrow Azregh.
This lovely mini is a Spyglass figure, and sadly is out of production as Spyglass recently closed down. A shame if you ask me.