MACE (Mace Security International) Message Board

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Microcap & Penny Stocks : MACE (Mace Security International)

MACE 0.0157

-6.5%

Dec 6 4:00 PM EST

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To: Bucky Katt who wrote (23)	12/29/1997 7:27:00 PM
From: gcrispin	Read Replies (1) of 143

I talked to Eduardo Nieves in IR. MACE has now opened a fourth store in the New York area. He had told me earlier that the gross sales for the first two stores in Denver are "generating medium six figures in revenue per year" before they were purchased. They are experimenting with the product mix, but some of the other items they are pushing are cell phones, and security system hook-ups. I have no idea what kind of profits, (assuming they are profitable) they make on these stores, but it will certainly add to sales. The first three stores are run by Frank Brown, the original owner. As I understand it, the new store is a fifty-fifty venture with another man. An intersting aside. In the state of New York defense sprays can only be sold by pharmacists and those holding a license to sell firearms. This individual has a license to sell firearms. I think the long term plan is for the Denver stores to be "showcases" for a franchise model. Anyone living close enough to Denver to visit one of these stores?

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