EXHIBIT 5.1
SICHENZIA ROSS FRIEDMAN FERENCE LLP
1065 Avenue of the Americas, 21st Flr.
New York, NY 10018
Telephone: (212) 930-9700 Facsimile: (212) 930-9725
May 13, 2003
VIA ELECTRONIC TRANSMISSION
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
Re: American Ammunition, Inc.
Form SB-2 Registration Statement (File No. 333-102366)
Ladies and Gentlemen:
We refer to the above-captioned registration statement on Form SB-2 (the
"Registration Statement") under the Securities Act of 1933, as amended (the
"Act"), filed by American Ammunition, Inc., a California corporation (the
"Company"), with the Securities and Exchange Commission.
We have examined the originals, photocopies, certified copies or other evidence
of such records of the Company, certificates of officers of the Company and
public officials, and other documents as we have deemed relevant and necessary
as a basis for the opinion hereinafter expressed. In such examination, we have
assumed the genuineness of all signatures, the authenticity of all documents
submitted to us as certified copies or photocopies and the authenticity of the
originals of such latter documents.
Based on our examination mentioned above, we are of the opinion that the
securities being sold pursuant to the Registration Statement are duly authorized
and will be, when issued in the manner described in the Registration Statement,
legally and validly issued, fully paid and non-assessable.
We hereby consent to the filing of this opinion as Exhibit 5.1 to the
Registration Statement and to the reference to our firm under "Legal Matters" in
the related Prospectus. In giving the foregoing consent, we do not hereby admit
that we are in the category of persons whose consent is required under Section 7
of the Act, or the rules and regulations of the Securities and Exchange
Commission.
Very truly yours,
/s/Sichenzia Ross Friedman Ference LLP
Sichenzia Ross Friedman Ference LLP
EXHIBIT 10.1
Ellett Brothers
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____ As All Outdoors P.O. Date 12/16/02
PURCHASE ORDER
ELLET BROTHERS, INC. 267 COLUMBIA AVE. P.O.NUMBER
CHAPIN, S.C. 26038-8322 045856
PHONE: 803-345-3751 FAX: 803-345-1820
TO: AMERICAN AMMUNITION SHIP TO: ELLET BROTHERS
3545 NW 71ST STREET 267 COLUMBIA AVE.
MIAMI FL 33147-6517 CHAPIN, S.C. 26038-0128
Ph: 305-835-7800 B.E. Elrod ext.2387
Fax: 305-894-0037 Buyer 05
Vendor Code Payment Terms F.F. License No. Diver I.D. Taxable Ship Via FOB Freight
- -----------------------------------------------------------------------------------------------------
103355 Net 20 1-57-063-01-5635240 Stockroom Yes NOT ASSIGNED Origin, Prepaid
Lots Due Description Vendor Part No. EB Part No. Qty Open DOM
No. Date
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10 12/16/02 AAM 273 45GR FMJ56R06 223C3 0308248 11000.000 BX
20 12/16/02 AAM 32 CARB 110GRFMJ 30110C3 0305072 7500.000 BX
30 12/16/02 AAM 32ACF 71G FMJ AA3271C3 0307448 7500.000 BX
40 12/16/02 AAM 38SP 138G RNL AA38SBRNL 0308805 12500.000 BX
50 12/16/02 AAM 38SP 150G TMJFF AA3858C3FF 0308808 5000.000 BX
60 12/16/02 AAM 380 85GR FMJ AAJ8095C3 0307445 10000.000 BX
70 12/16/02 AAM 40 S&W 180G TWFP AA4016C3FP 0305807 22000.000 BX
80 12/16/02 AAM 45ACP Z30FMJ AA4530C3 0306771 55000.000 BX
90 12/16/02 AAM 9MM 115 FMU 9M15C300102 0306265 55000.000 BX
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BLANKET ORDER FOR 2003 TO BE RELEASED AGAINST ONLY BY DONNA
MATTHEWS OR BILL ELROD
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Instructions to Supplier Total P.O. Amount $1,002,825