Safer Shot Inc. Stock Analysis SAFS

Safer Shot, Inc. is a development stage company, which develops, patents, and markets a line of non-lethal weapons that utilize a proprietary kinetic projectile cartridge and security products. The company is headquartered in Annapolis, Maryland. The company went IPO on 2007-07-03. The firm has developed and patented a line of non-lethal weapons that utilize a kinetic projectile cartridge. The Safer Shot system allows an assailant to be incapacitated without the risk of inflicting serious injury or death. Its silicon-coated projectile ruptures on impact, producing a putty-like substance that disables a target without breaking the skin or entering the body. Its products include Safer Shot Bouncer Cartridge System, Safer Shot Bouncer M-22, Safer Shot Mini and Safer Shot Bouncer M-11. The proprietary Safer Shot cartridge is a silicon-coated spherical projectile. Safer Shot Bouncer M-11 is a dual-shot add-on firing device designed for use with a handgun. The Bouncer M-11 is mounted on a service weapon and allows police, security or military personnel to carry a single weapon capable of responding to a non-lethal, escalating or lethal environment.