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   Microcap & Penny StocksSAFR - Safari Associates Inc.


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To: Rory McLeod who wrote (9)7/30/1998 11:29:00 PM
From: Debra&Jeff
   of 33
 
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a problem with visiting the S&W website and not finding these releases until I realized two out of the three items were out of date!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
   of 33
 
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
   of 33
 
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
   of 33
 
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: Debra&Jeff who wrote (13)8/16/1998 1:41:00 PM
From: Cavalry
   of 33
 
BARRINGTON REPORT IS A SCAM, CALL PHONE # AT TOP OF REPORT
SEE WHO ANSWERS PHONE, HINT THEY ARE IN NORWAY, HINT 2 THEY ARE
THE UNDERWRITER FOR SAFARI, HINT 3 IT IS A PAID REPORT
CAV

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To: Cavalry who wrote (14)8/16/1998 4:07:00 PM
From: Debra&Jeff
   of 33
 
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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To: Debra&Jeff who wrote (15)8/16/1998 5:53:00 PM
From: Cavalry
   of 33
 
www.africandiamonds.com full report, union trading of norway, put 011
in front of # sorry, i was rude how i did that, scam was harsh, paid report is better wording, look at aldm now afri thread, same players.
cav
ps won't do that again, hope i'm wrong just since that barrington report starting going around si only two sales ever for safr, i was watching hoping it's real, makes no sense about law suit, fuji stopping their own imports? why, would they? good luck may be home run you are at the all time low, make sure you don't have an offshore transfer agent and see what union trading has to do with safr, make sure they aren't doing a big secondary offering in europe which will dilute your shareholder value, do they have a proprietary technology, leasing from smith & wesson is nothing, what makes them different or special you need to find a copy of some legitimate verification of that lawsuit, surf international patent type web sites i will lurk to see if you find any good info, if you convince me i will post a retraction and apology am interested in outcome
Cavalry

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To: Cavalry who wrote (16)8/16/1998 9:52:00 PM
From: Debra&Jeff
   of 33
 
Thanks for your reasonable response. I found the info and didn't even realize it was on the net. You did raise some interesting questions that I will pursue further.

I can answer, or address, some of your comments now:

makes no sense about law suit, fuji stopping their own imports? why, would they?

IMHO I don't believe they are not trying to stop imports, just ones without patents. The "legal action with the International Trade Commission" leaves Safari out of the mix. From what we understand all the work on the recycled cameras is done in the US. One of the films they use to reload IS Fuji. With Safari they make money either way!

Anyway could you imagine this company going against a US company that recycles plastic and saves it from our dumps?! They wouldn't even need lawyers, Bring in one or two of the major ecology groups and they would do the work for them! I don't feel they would even want to go there.

In my area law REQUIRES us, to recycle at our place of business. Isn't that what they are doing?<g> Of course this is JMHO and food for thought.

make sure you don't have an offshore transfer agent and see what union trading has to do with safr, make sure they aren't doing a big secondary offering in europe which will dilute your shareholder value

This I can't answer but will research.

do they have a proprietary technology

Yes. This is on the recoil pads and the targets. From what I understand they do not want to patent the products. A patent will protect then in the US, and numerous countries that respect / reciprocate our laws, but this makes the process public. I understand Mort's logic and feel he is more knowledgeable than I on the subject than I am.

The only example I could cite goes back many years. I grew up around the film / developing industries as I had family in the business. Avoiding names just to keep us clean, this is all JMHO.

The P Company had the patent for instant pictures, actually they had two. The one they used and the one where they held as a hedge on competition. At this time the K Company made their film (bet you didn't know that!). The K Company didn't have any instant cameras. When the P Company positioned themselves to make their own film the K Company determined they were going to suffer a substantial loss in manufacturing. As they were already in this business they began to manufacture a product, at least similar, to the second patent. I never found out who won. My money is on the lawyers!

leasing from smith & wesson is nothing, what makes them different or special

With this I STRONGLY disagree. Licensing with S&W adds a MAJOR credibility factor to an otherwise unknown company. I don't believe S&W would sanction this if they didn't believe in the products. They have to be concerned about liability. It increases sales for SAFR and increases the bottom line for S&W. I have always loved a win-win deal! From what I understand they are looking at expanding the relationship.

surf international patent type web sites

We haven't figured out the OTC yet! For people who only seem to learn the hard way, additional pain and suffering isn't in the foreseeable future! <VBG>

Any information you find would be appreciated.

Jeff(&Debra)




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To: Debra&Jeff who wrote (17)8/17/1998 1:45:00 AM
From: Cavalry
   of 33
 
that was some solid dd you have in on this one, i apologize again
you made some excellent points and i will rethink my earlier comments
with safr at an all time low, and the squeezy tight float you could get a nice pop with a decent piece of news or two, good luck on this one
Cavalry

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To: Cavalry who wrote (18)8/18/1998 12:30:00 AM
From: Debra&Jeff
   of 33
 
Accepted, but I agree you raised some questions worth asking.

After reading THE BARRINGTON REPORT I noticed the statement that says "Barrington Financial is a subsidiary of Union Trading Financial Ltd. - a full-service discount brokerage firm with headquarters in Amsterdam, Netherlands." I decided to save an INTERNATIONAL dime and take both of you at your word.

As for them being the Underwriter I called the company and was told this was not true. My DD file for this item is blank because they currently do not have an underwriter. Their underwriter was Churchill Securities who is no longer in business.

Mort did acknowledge that several underwriters, both here and abroad, interested in SAFR have contacted him. He also said he was not connected, in any way, with Union Trading Financial Ltd.. He also said this was not a paid release. Maybe this is their version of a free sample! <g>

The conversation on a secondary offering was less clear. What I did get out of the conversation was that it would not be done without increased shareholder equity. We have previously discussed his attempts for international distribution. These items may be connected.

After being burned on another stock or five I had some very direct questions to Mort, in our earlier conversations, on dilution. IMHO his answers were always very positive. He feels that additional dilution should equal additional shareholder equity. Sometimes I leave these conversations wondering if this is really a penny stock! Gullible, maybe. Hopeful, yes! Watching, always!!

I should be the one to apologize! These long posts are a result of holding the stock for a long time and only having a very few to discuss it with! You insight and objectivity are appreciated.

Thanks,

Jeff(&Debra)

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