To: Debra&Jeff who wrote (5) | 7/28/1998 3:11:00 AM | From: Rory McLeod | | |
Jeff (and Debra!),
I'm not too familiar with these disposable cameras, I've always had my 35mm with me, are the shells just clear plastic with a cardboard (whatever) over top?
I ask because I'm curious about the cost of the paper product vs a new process developed by a French company. The process, N. American rights owned by OTCBB:KOLR - KolorFusion Internation, directly applies a design, etc into the finish layer of the product, whether it be plastic, wood, or metal. I would suspect such a process would be of great interest to SAFR. Not only do I think it might be less expensive, but a large reduction in paper products, better for the environment, etc.
Just thinking outloud. Any thoughts??
Rory. |
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To: Rory McLeod who wrote (6) | 7/29/1998 1:20:00 AM | From: Debra&Jeff | | |
You are correct in what you consider to be the shells, however they are often opaque. And yes, more often than not, they have cardboard.
The process you mention does not sound like it would benefit Safari. They do not manufacture the shells, only recycle them. IMHO, A permanently marked shell would not benefit Safari. It may require more cardboard to "cover up" the original design and to display their product.
Safari receives shells from 1500-2000 sources and reconditions them prepares them for sale. If you review their page in detail you will note they can provide packaging specific to an event. I look forward to seeing them at the annual SI picnic, whenever they get it started!
I don't feel this would be an avenue they would wish to pursue. Of course this is MHO.
BTW, where exactly is Macedonia? I think I heard the people there were nuts <g>! Neva was reel gud at spellin'
Jeff |
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To: Rory McLeod who wrote (4) | 7/29/1998 1:55:00 AM | From: Debra&Jeff | | |
Since you mentioned the PM let me clear the air. IMHO the release is, somewhat, overstated. The company will claim to be the largest, on the East coast, except for (what's their name....it starts with a K) the other guys. Well they're in the 80's and have 300+M outstanding. I can live with being #2!
It also only addresses the cameras. I have always considered this income while they develop their more unique products. Frankly I don't care what carries the company, as long as it makes money!
This stock was our first venture into the OTC. As we learned about this board a friend, GaBard, suggested that we determine why we owned the stock. While deciding if we should bail we called the company more often and formed a solid, educated opinion. We decided to continue to invest in this company.
The BMOC's name is Mort Berger. Actually I'm not sure of his official title other than he is the COO and the guy who seems to make things happen. I don't think they have that many titles but, to me, this one is important.
We've posted all you need to check them out, Let me know if you need more info.
Jeff(&Debra)(sleeping) |
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To: Debra&Jeff who wrote (7) | 7/29/1998 2:49:00 AM | From: Rory McLeod | | |
Jeff,
The process you mention does not sound like it would benefit Safari. They do not manufacture the shells, only recycle them. IMHO, A permanently marked shell would not benefit Safari. It may require more cardboard to "cover up" the original design and to display their product.
I understand now why this wouldn't work. Although the process can be done at anytime ... during the manufacturing of the shells or anytime afterwards ... there's the possibility of receiving a shell with the design on it, but not wanting it there. Good point.
BTW, where exactly is Macedonia? I think I heard the people there were nuts <g>! Neva was reel gud at spellin'.
Ah, Macedonia. Or more specifically, FYROM - The Former Yugoslav Republic of Macedonia - is directly north of Greece. It's a small country formed out of the collapse of Yugoslavia and is struggling to promote it's independant identity to the International Community.
I'm with the United Nations and am a part of a small peacekeeping force (I'm not military - anymore) established to prevent any foreign incursions into this country. A point of interest: FYROM is the only country that gained it's independence from Yugoslavia without a bullet being shot in anger.
Of course things are heating up at the moment with Kosovo becoming the latest powderkeg in the Balkins. The border with Kosovo (a province in Serbia {Yugoslavia}) is only 15 kms (10 miles) from here. Our mission was slated for closure effective 1 Sep 98, but has now been extended for at least another 6 months and will include an increase of approx 300 more military ... to defend the borders.
Didn't think you'd get a history lesson, did you!! ;-)
Cheers, Rory. |
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To: Rory McLeod who wrote (9) | 7/30/1998 11:29:00 PM | From: Debra&Jeff | | |
Since you mentioned history....
The following two posts are news releases, from Smith & Wesson, which I have not been able to find elsewhere. These have been retyped but I can scan and forward my copies if someone wants to see the letterhead.
I had a problem with visiting the S&W website and not finding these releases until I realized two out of the three items were out of date! It appears they acknowledge the internet, but don't support it, yet!
OUR turn for a history lesson<g>!
J&D |
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To: Rory McLeod who wrote (9) | 7/30/1998 11:32:00 PM | From: Debra&Jeff | | |
Jan 98 Release:
Smith & Wesson
SMITH & WESSON SIGNS LICENSING AGREEMENT WITH SAFARI ENTERPRISES
Smith & Wesson and Safari Enterprises, Inc. have entered into an agreement granting Safari exclusive worldwide rights to manufacture, distribute and sell the complete line of Smith & Wesson recoil pads.
Incorporating innovative technical design and materials, the Smith & Wesson recoil pads achieve the ultimate in recoil absorption and distribution. "we put five years of research in development to create the best recoil pad now on the market," said Morton Berger, President of Safari Enterprises, Inc. "We have a complete inventory of Smith & Wesson Recoil Pads to fit 90% of the rifles and shotguns made. Within the year, Smith & Wesson handgun grips will be available that incorporate the same recoil materials."
We think this to be a superior recoil pad that reflects our high standards of quality and innovation. That's why we've included the Safari Enterprises products in our licensing program." Said John Steele, Director of Licensing and Apparel Merchandising. "Smith & Wesson recoil pads will be available through gun dealerships worldwide."
In addition to the recoil pads for attaching to guns, a stick-on recoil pad is now available that fits every shooter. The washable material is self adhering to shooter vests, tee shirts, jackets or any other clothing worn during shooting. The product is available in decorator colors, can be removed from clothing without harm to either the clothes or the pad and completely renews its self adhesive abilities with each wash.
Smith & Wesson, the worlds leading manufacturer of handguns for sporting, law enforcement and military use, is located in Springfield, Massachusetts. Safari Enterprises, Inc., a wholly owned subsidiary of Safari Associates, Inc., is locate din Amsterdam, New York.
For more information on the Smith & Wesson Recoil Pads, call Safari Enterprises, Inc. at 1-518-842-6500. For the nearest Smith & Wesson Stocking Dealer, call 1-800-331-0852, ext. 2904, or visit the Smith & Wesson home page at hhtp://www.smith-wesson.com. |
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To: Rory McLeod who wrote (9) | 7/30/1998 11:35:00 PM | From: Debra&Jeff | | |
Feb 98 release:
Smith & Wesson NEWS RELEASE
February 1998
SMITH & WESSON SIGNS LICENSING AGREEMENT WITH SAFARI ENTERPRISES
Smith & Wesson and Safari Enterprises, Inc., have entered into an agreement granting Safari Enterprises exclusive worldwide rights to manufacture, distribute and sell the line of Smith & Wesson recoil pads. Incorporating innovative technical design and materials, the Smith & Wesson recoil pads achieve the ultimate in recoil absorption and distribution. "We put five years of research in development to create the best recoil pad now on the market," said Morton Berger, President of Safari Enterprises, Inc. "We have a complete inventory of Smith & Wesson Recoil Pads to fit 90% of the rifles and shotguns made. Within the year, Smith & Wesson handgun grips will be available that incorporate the same recoil materials." "We think this to be a superior recoil pad that reflects our high standards of quality and innovation. That's why we've included the Safari Enterprises products in our licensing program,:" said John Steele, Director of Licensing and Apparel Merchandising. "Smith & Wesson recoil pads will be available through Smith & Wesson and at gun dealerships worldwide." In addition to the recoil pads for attaching to guns, a stick-on recoil pad is now available that fits every shooter. The washable material is self adhering to shooter vests, tee shirts, jackets or any other clothing worn during shooting. The product is available in various colors, can be removed from clothing without harm to either the clothes or the pad and completely renews its self adhesive abilities with each wash. Smith & Wesson, the worlds leading manufacturer of handguns for sporting, law enforcement and military use, is located in Springfield, Massachusetts. Safari Enterprises, Inc., a wholly owned subsidiary of Safari Associates, Inc., is located in Amsterdam, New York. For more information about Smith & Wesson Recoil Pads contact Safari Enterprises, Inc. at 1-518-842-6500. |
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To: Rory McLeod who wrote (9) | 7/30/1998 11:44:00 PM | From: Debra&Jeff | | |
I know Jan & Feb are similar. I told the company the problem (IMHO) was that they missed the ticker in the release. Did they listen, learn, who knows.
Had enough?! I'm sure we have more! Digging as I type<g>!
It's a long for us and we'll continue to share what we have, provided you still want it!
Jeff |
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To: Cavalry who wrote (14) | 8/16/1998 4:07:00 PM | From: Debra&Jeff | | |
Well we didn't receive a copy of the entire report, only the Safari portion. Send the number on, PM if you wish I would call. My copy came directly from the company. I guess they were trying to keep us focused.<g>
We did know it was an International only release, but was not aware who generated it. The name of the underwriter is one piece of information we do not have.
I have hoped for some time that Mort would do SOMETHING in the way of IR and promotion. Their new website is defiantly a step in the right direction.
To date I have been unable to verify the legal proceedings from an unbiased source. This didn't make me run out and buy more. As said in an earlier post I think the release was overstated, even when only discussing recycled cameras. From what I've been told the other guys do it too, they just don't tell you! Taken with a grain of salt this would still be an excellent thing for Safari. We would be happy with a reasonable percentage of their target price.
To date Mort has continued to use his available cash to build the company. His focus has been on advertising in specialty magazines like Shotgun News, mailings to S&W stocking dealers and faxing to other gun dealers. With this they market the recoil pads, targets and Hunter/Outdoorsman Cameras. They also exhibit at specialty trade shows where all of the products are available for purchase and with someone ready and waiting to take down that large order. Most of their deals at shows are samples taken for testing before someone places an order.
The cameras are marketed in a variety of ways. They use distributors, retail and direct sales via the Internet. Some of the distributors have targeted promotions, which have proven very successful. I was thinking of a Stockholders Meeting/Party Special. There would be two versions. One with ticker tapes, confetti and champagne bottles and the other with pitchforks, axes and a hangman's noose. What do you think?
For the reasons above I can't say if it was a paid promotion or not. Even if it is I dare you to find another one in their 5-year history! He continues to market the company and not the stock. As we are investors in this stock we tend to agree with his focus, but our portfolio sure would look better if the price moved (up that is)!
We were invested well before this release. They don't have an investor kit available so it's been long chats with Mort Berger and others involved with the company. We have seen literature on the recoil pads, felt the product, used the cameras and seen the other products. Regular calls are made to check on progress.
The company is real, functional, on the verge of profitability, has a reasonably small float and is tying up loose ends to bring the SEC Filings to date. This is why we are invested, not that release.
I had lots of notes on the company but much of it is now on the website. safariassociates.com He doesn't even have an investors page there yet!
Have a nice weekend,
Jeff
p.s. How's the WAMM count going? |
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