| Business Summary | | Saf
T
Lok,
Inc.,
through
its
subsidiary,
Saf
T
Lock
Corporation
(STL),
designs,
develops,
manufactures
and
distributes
patented
and
proprietary
safety
locks
for
handguns.
The
Company
is
currently
focused
on
the
design,
development,
manufacture,
and
marketing
of
Saf
T
Lok
combination
locks
which,
when
integrated
into
a
handgun,
prevent
both
accidental
and
unauthorized
discharge
of
the
weapon,
including
unintentional
discharge
by
children
and
assailants.
Two
types
of
gun
locks,
the
Grip
Lock
and
the
Magazine
Lock,
are
currently
produced
by
the
Company. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Saf
T
Lok,
Inc.,
designs,
develops,
manufactures
and
markets
proprietary
combination
gun
locks
to
reduce
the
possibility
of
unauthorized
use
of
firearms.
For
the
three
months
ended
3/31/01,
revenues
fell
38%
to
$15
thousand.
Net
loss
fell
79%
to
$309
thousand.
Revenues
reflect
lower
sales
to
fewer
law
enforcement
agencies.
Lower
loss
reflects
a
decrease
in
legal
expenditures
and
a
significantly
smaller
number
of
options
that
were
exercised. | More
from
Market Guide: Significant
Developments |
| | |
| Position | James Winner, Jr., 71 | Chairman,
Pres, CEO | John Amer | CFO,
Treasurer | Jeffrey Brooks, 39 | VP,
Sec. | John Hornbostel, Jr., 60 | Gen.
Counsel, Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|