Mace Security International, Inc.
OTCQX (MACE)|Personal Security and Defense Products| Market Cap. $17.2 M| 68M shares OS
Mace Security International, Inc., based in Cleveland, Ohio, is a diversified manufacturer and provider of personal safety and security products to consumer and business market segments under the world-renowned Mace® Brand. Since 1970, Mace Brand has been the original trusted brand for personal defense sprays, while continuously adding high quality security products to the product line through the years. Mace ® has the most recognized brand name in the personal safety and security industry.
- Unmatched brand strength
- Sizable channel presences in brick & mortar, mace.com, ecommerce, and private label
- $60+ million Tax NOL
- New product development
- Substantial existing capacity to scale manufacturing
- International sales can scale
- Product extension opportunities
- New management, lead investors, and board members with substantial shareholdings
- Public company stock for acquisition opportunities
For Investor Relations, contact:
Mike Weisbarth, CFO
4400 Carnegie Ave | Cleveland, OH 44103
Certain statements and information included in this press release constitute “forward-looking statements” within the meaning of the Federal Private Securities Litigation Reform Act of 1995. When used in this press release, the words or phrases “will likely result”, “are expected to”, “will continue”, “is anticipated”, “estimate”, “projected”, “intend to” or similar expressions are intended to identify “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks, known and unknown, and uncertainties, including but not limited to economic conditions, dependence on management, dilution to shareholders, limited capital resources, the effects of rapid growth on Mace and the ability of management to effectively respond to that growth, our ability to achieve operating synergies, our ability to compete against established competitors, regulatory matters, the effects of competition, and our ability to obtain additional financing. Such factors could materially adversely affect Mace’s financial performance and could cause Mace’s actual results for future periods to differ materially from any opinions or statements expressed within this press release. Additional discussion of factors that could cause actual results to differ materially from management’s projections, forecasts, estimates and expectations are contained under the heading “Risk Factors” in Mace’s OTCQX filings.