William McLaren

Mobile, AL (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)

Life Save-R Gunlock

Find More Startups Startup
Location: Mobile
Industry: Manufacturing
Year Founded: 2001
Number Employees: 1-10 people
Business Stage: Creation/Idea
Entity Type: Not Incorporated
Description: This was a start-up company D.b.a. (Life Save-R Gunlock) incorporated February 2001, in Las Vegas, Nevada. We designed, patented, marketed and produced what was considered an innovative mechanical inner-bore, Firearm Safety Device. The Life Save-R Gunlock utilizes a patented Mechanical-Tactile-Feedback. The Gunlock does not utilize any Keys and/or Batteries & employs over Forty Thousand possible unlocking sequences. The Utility Patent consists of 16 patent claims and Registered Trademark for Life Save-R Gunlock.® To raise operating capital, we sold stock, issuing Private Equity-Securities to accredited investors. We successfully tendered three rounds of funding between 2002 and 2007. I crafted all language and exhibits in the Company’s Offerings with the exception of the Legal verbiage, written by our securities attorney for all three Private Placement Offering Memorandums. We executed three (3) Offerings of Restricted Common Stock at $0.05, $0.25 and $1.00 per. share respectively; thus generating 3.5 Million in operating capital throughout a 6-year time frame. We had 300 Small-Cap private equity Investors. 2002-2007. I can provide a comprehensive Offering Memorandum, Product Literature and video presentations. See All Work Products’ pertaining to Life Save-R Gunlock; please download at (URL removed) User ID: (URL removed) PW: Lsgl8631 ➢ (URL removed) ➢ (URL removed) ➢ (URL removed) ➢ (URL removed) I am seeking venture or Private Equity investors to recapitalize the Parent Corporation Real Life Save-R, Dba. Life Save-R Gunlock. This product is six months from production and could be in the U.S market by third quarter, 2012. This is an innovative customized high quality firearm safety device. It appears totally custom and hand made. This perception serves to support the price points outlined herein. However, the Life Save-R Gunlock is easily manufactured and any Custom-ability is created to personalize the product to the clients specifications, thus building value to justify price point. However, mass production is viable. Making it is the U.S and manufacturing all parts is critical. No out sourcing! Research proves gun enthusiast will pay more for Made In America. Made In America. Assembled In America Life Time Guarantee California D.O.J Approved 2004 Market Tested Price Point Retail: $ 95.00 $139.00 equipped with custom plating, engraving, Waterproof and G.P.S Capable There are 300 Million Legal Guns in the U.S.. The Life Save-R Gunlock is designed to keep the firearm loaded and locked, ready to defend your home or business in 2 seconds. Patented: 05/13/2003. Patent Number. 6,560.910 B1 Registered Trademark: Registration #3312993 Market Share required to attain profitability: 2 Basis Points 200/1% of 300 Million Annually = 60,000 Units Gross Sales = 7.145 Million Year 1 Profit= 1.4 Million @ 2 Basis Points. = 20 sales for every 100,000 guns in U.S Legal Circulation Market Growing Daily Custom Designs, Personalized Locking Sequence, Plating and Engraving, 40,000 Possible Unlocking Tactile Sequences for ultimate security. 7 Prong Marketing Strategy No Keys, Batteries or numbered combination Works in the Dark Removable and Free of Firearm in Less than two seconds Outstanding Accounts Payable: $8,000 Assets: Prototypes, Intellectual Property, Registered Trademark, Mufti-media, Photography, Product Literature, Engineered Cad Drawings, "It's Easier to Childproof a Gun, than it is to Bulletproof a Child" Our Commitment is to make products that Save Lives (URL removed) (Phone # removed)