CONSULTING  AGREEMENT


     CONSULTING AGREEMENT dated as of March 31, 2000 between SAF-T-HAMMER, INC.,
a  Nevada  corporation,  ("SAFH"),  on  the  one  hand,  and  M.  RICHARD CUTLER
("Cutler"),  BRIAN  A.  LEBRECHT  ("Lebrecht"),  VI  BUI  ("Bui"),  ASHER STARIK
("Starik"), STEPHANIE CRUMPLER ("Crumpler", and, together with Cutler, Lebrecht,
Bui  and  Starik,  the  "Consultants"),  on  the  other  hand.


                                    WHEREAS:

     A.     Consultants have agreed to render consulting services with regard to
the negotiation and completion of a stock exchange between SAFH and the majority
shareholder  of  Lost  Coast,  Inc.,  a  Delaware  corporation  (the "Lost Coast
Shareholder").

     B.     In  the  event  SAFH is able to complete the Stock Exchange with the
Lost  Coast  Shareholder,  SAFH  wishes  to  compensate  Consultants  for  their
consulting  services.


     NOW  THEREFORE,  it  is  agreed:

     1.     Stock  Compensation.  SAFH  shall  pay and cause to be issued to the
Consultants  a  consulting  fee  of $100,000 cash, plus 250,000 shares of common
stock  of SAFH (the "Shares") immediately upon the execution of a stock exchange
agreement  with  the  Lost  Coast  Shareholder.  Such shares shall be subject to
registration  by  SAFH  on  Form  S-8 within 5 days of SAFH closing on the stock
exchange  agreement  with  the Lost Coast Shareholder.  The Consultants agree to
prepare  and  file  the S-8 Registration Statement at their sole expense, except
for the filing fee associated therewith, which shall be reimbursed by SAFH.  The
parties  agree  that  the value of the Shares is equal to 50% of the closing bid
price  on  the  date  of this Agreement.  The Shares shall be issued as follows:
108,500 to Cutler, 35,000 to Lebrecht, 26,250 to Bui, 75,000 to Starik and 5,250
to  Crumpler.

     2.     Miscellaneous.  This  Agreement (i) shall be governed by the laws of
the  State  of  California;  (ii)  may be executed in counterparts each of which
shall  constitute  an  original;  (iii)  shall  be  binding upon the successors,
representatives, agents, officers and directors of the parties; and (iv) may not
be  modified  or  changed  except  in  a  writing  signed  by  all  parties.



     This  Consulting  Agreement  has  been  executed as of the date first above
written.


SAF-T-HAMMER,  INC.

/s/  Mitchell  A.  Saltz
____________________________________________________
By:  Mitchell  A.  Saltz,  President  and  Chief  Executive  Officer



CONSULTANTS

/s/  M.  Richard  Cutler
____________________________________________________
M.  Richard  Cutler

/s/  Brian  A.  Lebrecht
____________________________________________________
Brian  A.  Lebrecht

/s/  Vi  Bui
____________________________________________________
Vi  Bui

/s/  Asher  Starik
____________________________________________________
Asher  Starik

/s/  Stephanie  Crumpler
____________________________________________________
Stephanie  Crumpler