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Microcap & Penny Stocks : SAFR - Safari Associates Inc.

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To: michael john stout who wrote (25)11/18/1998 12:36:00 AM
From: Debra&Jeff  Read Replies (1) of 33
 
Well we're not in SAFR because of Barrington's. We weren't even aware of the info until we received the fax from the company. We had actually been in this one for about 6 months at that point.

I have AFRI on a watch list since Cav pointed out the web page and the connection. Other than that I know nothing about the company and even less about Barrington's. Safari is another story....

Most of what I know is already posted on Safari. On the upside they are a real company with real products making real money. They have affiliations with Smith & Wesson, specialized marketing programs, which include organizations such as GSA and a network in place for their camera-recycling program. The company survives on its own income while pursuing new products, ventures, distribution and distributorships for additional, related products. You can actually call the company and get an update on progress.

The downside is no PR (withholding judgement on downside here!) and they are not fully reporting, yet. This too shall pass...!?!? Mort (the CEO) has stated adamently that we will not be a "pink sheet" stock! IMHO this will be a big factor in their success or failure. This is not a startup company so I lean more towards success than failure. I am overdue for an update but my last report had the "accountants calling daily" on the filings.

I discussed the Barrington Report with the company. It was not a paid report and it appears they may have been "wooing" Safari to get some business. AFRI, based on their report, appears to be a different story. Heck, I was hopeful Safari was finally doing something to promote the stock!

We own TOOOO many shells. It's nice to have a company that has a "real business". The only sour feeling we have to Barrington's is that they didn't gain more attention for the stock<g>! From what I have watched both stocks are thinly traded and not overly volatile. If they really have potential this does not make them a bad long. Safari has potential, maybe you should dig deeper into AFRI.

Whatever you do, good luck.

Jeff
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