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: gcrispin who wrote (47)	6/8/1998 3:12:00 PM
From: J R KARY	Read Replies (1) of 143

MACE EDGARs awaiting sale approximates book value at $3/share In good financial shape with finished goods inventory low , A/R under control , enough cash to retire bank loans and notice TransTechnology (Fed Labs Div.) paid in full : MACE's 1997 annual filing : sec.gov Form is in preparation to Armor Holdings buying Fed. Div for $6.8 mln cash with the MACE A/R remaining . MACE's 1Q98 quarterly filing shows a tax loss carry forward, which was due to increased G & A to prepare asset sale : sec.gov Fed Labs (Law Enforce) are 40 % of discontinued assets and sold for $6.8 mln approximating book value at or about $3.00 /shr . Stores (3) show $225k in 1997 revs - wonder if there is a acquisition brewing with the recent "insider" option ($1.25 - 1.50) grants ? Any thoughts ? Regards, Jim K.

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