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Strategies & Market Trends : Shorting stocks: Mechanical aspects

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To: James F. Hopkins who wrote (24)7/17/1997 9:34:00 PM
From: George McMeen   of 172
 
this little golf club maker is going public $5 per share

how I wish other companies would treat shareholders similarly...

As a Dynacraft shareholder, you will be entitled to certain shareholder
consideration. You will have priority, for 30 days, to purchase new products
before they are offered to the general public. An Internet site will be
dedicated specifically to shareholder information such as share prices and
volume, new products and other related material. The site will be password
protected so that only shareholders may access this information. Shareholders
will receive priority purchase plans for closeouts and excess inventory in an
effort to increase potential profits for clubmakers who are shareholders. A
special email listing will provide this information to shareholders. In
addition, shareholders will be given priority packing and shipping on any
in-stock Dynacraft product ordered. Further, Dynacraft shareholders will be
eligible for priority registration for all classes at the Dynacraft Clubmaking
Institute

BECOMING A SHAREHOLDER

You may become a Dynacraft shareholder by filling out the Share Purchase
Agreement and returning it with your check for the amount of your investment (or
credit card number and signature). When your order has been accepted, you will
receive a signed copy and an acknowledgement letter. After the minimum 300,000
Common Shares have been ordered, you will receive a certificate for your shares.
The Company reserves the right to reject any order.

Subject to Completion, dated July 17, 1997
700,000 SHARES

(DYNACRAFT LOGO)
DYNACRAFT GOLF PRODUCTS, INC.

COMMON SHARES

All of the 700,000 Common Shares, without par value (the "Common Shares"),
offered by this Prospectus are being sold directly by Dynacraft Golf Products,
Inc. (the "Company"). Before this offering, there has been no public market for
the Company's Common Shares, so the public offering price has been determined by
the Company. The Common Shares have been approved for listing on the Chicago
Stock Exchange under the trading symbol "DYN".
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