2001

Buddy, owned an office machine repair company. He was a GSA contractor for 11 years. NASA found him through a contract with Fort Lee Virginia. NASA would call him to Langley to repair Kathran Johnson’s {Hidden Figures} Friden Rotory Calculator SRW. The SRW was the only calculator, back then, that could render the squar root. There were no Electronic Calculators, only rotory ones. Buddy’s company was maintaining over 1,000 of the Fridens in the Richmond, Virginia Area. There were very few SRW models but Langley had 12. These Machines have 5,000 parts.

Buddy’s Training from 1957 (age 18 } to 1967 when he became self employed, made him well qualified. His mechanical skills lead him {self tough) on IBM Selectrics, Sweda Cash regestors, many manual and electric tvpewriters, adding machines and printing calculators.

After working many years with these machines and no more contracts, Buddy (self tough} became a Saab auto mechanic. His Saab repair shop repaired Saab Automatic transmittions of the Borg Warner models. Buddy retired Saab Buddies at the age of 72. Oh, but wait there’s more!

This Wallet was invented by NASA’s SRW mechanical technitcian.

Find the genious among us that will make all of us look good.

The saga of the Money Trap Wallet began in 1974

I was on a vacation with my family in Sweden when I visited a business show in Gothenburg. At this show I saw and purchase 100 of these very weird and special little wallets. When I came back home to Virginia I would start selling these wallets for six dollars. It wasn’t long that I needed to reorder. I was unable to find anyone who would sell me more of these wallets.

In 1981, my shop at 9518 Jefferson Davis Hwy. burned down. I had no insurance except for the insurance on one of the Saabs that was in the building that had burned. The insurance company gave me $1,000, total loss on that automobile.

I took that $1000 and bought a set of dies from Electronic Dye Company of New York. I then took the dies to Thompson Loose-leaf Binder on Main Street in Richmond Virginia to produce the very same wallets I had purchased in Sweden.

I called these wallets the money trapper. It wasn’t long however before the Great Mead Paper company out of Dayton Ohio sued me in federal court, over the word Trapper. They won their case but conceded that I could use the word trap.

In 1983, I made a trip to New Jersey. I decided to make the wallets myself. My daughter Annelise and I drove to New Jersey with my homemade car trailer. We brought back a 4KW heat seal machineat the cost of $5000. I was then able to make the wallets myself for the next five years.

I became unsatisfied with the vinyl that I had available for me back then. The straps wouldn’t last more than four months. So, I took the machine and plastered it in the wall on my stepson’s bedroom. I gave up. In 1993, I discovered Vinyl Soft.

Okay, here we go again!

I removed the 4KW from the wall and took it to our lake property to make wallets there. Vinyl Soft, would give the wallet a least one year lifespan. In 1998, I made a set of dies myself to produce the wallets smaller. After all that work, the smaller wallets did not work. The smaller wallets just tore the bills in half. This became a big disappointment for me. About a month later, it came to me in a dream to switch the straps around. When I did that, I realized that the corners of the bills were being bent back. There was no resistance to the bills or to the straps. It worked perfectly.

In 1999 I applied for a provisional patent at the United States patent office for what I had learned about in my dream. By switching the straps, I caused a unique thing to happen. When the bill would be loaded, it bent all four corners of the bill. There was no resistance to the straps and no resistance to the bill. It no longer tore the bill in half.

Then in 2000, I applied for a patent. In August 2001, I was awarded the patent [6276414 B1], which you can Google. In 2003, it was the end of my 4KW machine. The oscillator tube burned-out in my heat seal machine. The cost to replace it was $1,400. It was then that I decided to give up on heat sealing.

It was 23 years of selling this large Jacob’s latter to my own, U S PATENTED wallet, The Money Trap Wallet. I still had a long ways to go to fully develop it.

The next three years I tried to have these wallets made with a sewing machine. In June 2003 I went to world-class footwear in North Carolina. They made me four of my beloved wallets. It cost me $500 for these four wallets. There were many failed attempts to produce these wallets with leather using a sewing machine.

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Then in 2006 I bought my own sewing machine. The first two years of the wallets I made were just flat out funny. I kept trying. In 2008, the two-panel money trap was finally being sold. It wasn’t until 2012 that I was able to produce a good-looking wallet. In 2015, I went to a Shark Tank Showing where about 200 contestants showed up to tryout. They held back 6 of us, me included. That day I sold $300 worth of Money Traps. After several interviews Shark Tank told me I had not sold enough to qualify for the show.

In 2016 at West Virginia’s Bridge Day I sold $1,000 worth of my Money Traps in 9hrs. In 2017, I started experimenting with unique features for the money trap wallet. I applied for a provisional patent in April 2017. In 2020, COVID 19 messed up all craft shows. My inventory got large so now, with my large inventory, I will be selling my wallets wholesale. Now I have become a full experienced wallet maker with my own sewing machines. The wallets that I now produce will outshine any of the wallet on the market today. I have developed a one-piece Western wallet.

When cutting this wallet out I use one piece of leather. The wallet is one piece and is only sewn together at one place. With the strength of leather this is an unbelievable tough Money Trap Western wallet. All three of the other wallets come with or without a change pouch. The other wallets use only one piece for the two-way panel. This one piece has the panel and all four straps. Now, if you are confused, let me explain. I have reinvented the wallet. Now we don’t have to stuff the bills into a slot. That’s right. All you do is lay them on the trap and they go in by themselves. SELF-LOADING

Watch the 18 video’s on You Tube.
Search: moneytrapwallet.

Money-Trap Factory
125 Main St.
Brodnax, Va.

Mailing Address 1013 Oakmont Ctr, Lynchburg, Va. 24502.

Phone (434)426-1622 Ask for Buddy.

[ U. S. Patent 6276414 B1 ]

I invented a wallet that I manufacture with four prices. {$35.00 – $120.00}

1. High-End $65.00 Three Panel Elite
2. Medium Range $45.00 Three panel Bucktrap
3. Dangle $35
4. Dangling $45
5. Dangler $55
6. Cowboy $65