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Sunday, 09/04/2011 7:51:43 PM

Sunday, September 04, 2011 7:51:43 PM

Post# of 142
Just wanted to give everyone an update as CEO Tom Larsen got back with me this weekend.

He said that Wavex is relatively inactive other than hammer sales. Fuller Tools, their distributor is trying to introduce their hammer line to Home Depot in the United States, it's already sold at Home Depot in Canada online.

http://www.homedepot.ca/webapp/wcs/stores/servlet/SearchView?catalogId=10051&storeId=10051&langId=-15&N=0&Ntt=wavex&Nty=1&D=wavex&Ntx=mode+matchallpartial&Dx=mode+matchallpartial&s=true

He said that if they ever got into Home Depot in the US then Wavex could generate cashflow to develop its brand, however, it has not happened as of yet.

This could be interesting if they did manage to get into Home Depot here in the States but when and if that ever happens is unknown at this point.

I didn't get the impression they were generating many hammer sales in Canada but the few reviews I was able to find online were all positive so I could see it being successful here if it happened.

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