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Microcap & Penny Stocks : MACE (Mace Security International) -- Ignore unavailable to you. Want to Upgrade?

To: gcrispin who wrote (61)	6/16/1998 11:19:00 AM
From: J R KARY	Read Replies (1) \| Respond to of 143

Maybe "MACE is the PLACE" for time share advertising ? I evaluate the intentions noted in the Proxy as CYAs . The MACE name license for law enforcement cost AHI about $ 2 mln for 99 years and keeps it valuable for MACE to use for businesses opportunities . MACE's direction will probably be most influenced by Marvin Brown advising Jon Goodrich . Marvin is the original underwriter and probably brought in the investors from Meyerson , who have contacts . With a tax loss in place and cash on hand , a revenue producing asset acquisition would be a immediate logical move . Marvin believes in buying a existing business or exciting product . Their CYA plans may look murky , but a security store acquisition or a alarm company with recurring revenues is very logical . Regards, Jim K.

To: gcrispin who wrote (61)	6/17/1998 12:59:00 PM
From: J R KARY	Respond to of 143

Shouldn't Navy Option have been in the Proxy ? Last proxy revision is only a few days old and could have noted that this $900 k option supply sale was pending: biz.yahoo.com " BENNINGTON, Vt., June 17 /PRNewswire/ -- Mace Security International, Inc. (Nasdaq: MACE - news) today announced that the Department of Navy has exercised its second option of a five option contract to purchase $971,400 of 40 mm less- lethal cartridges. This contract is excluded from the recently announced definitive agreement to sell the assets and business of the Federal Laboratories Law Enforcement Division to Armor Holdings, Inc. " Good news but it could have been handled better. Regards, Jim K.