SAFESPEAR, LLC. PRODUCT LAUNCH BNT Rand Centre April 14, Gregg T. Waugh, President Lisa A. Waugh, Vice-President SafeSpear, LLC

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1 SAFESPEAR, LLC PRODUCT LAUNCH BNT Rand Centre April 14, 2010 Gregg T. Waugh, President Lisa A. Waugh, Vice-President SafeSpear, LLC

2 OUTLINE COST OF INVASIVE SPECIES DESCRIBE THE INVASION WHAT S BEING DONE THE PERFECT INVADER (BIOLOGY) COMMERCIAL & RECREATIONAL HARVEST SAFESPEAR S SOLUTION

3 COST Invasive species cost US $137B annually Over past century, >68 marine sp. introduced in FL, Carib. & Gulf of Mex. Flats fishing generates $141M annually in Bahamas

4 COST Irreversible domination of community structure (50-90% of fish biomass) Alteration of food web Corals Commercial fishing (2%- 3% of GDP) Recreational fishing TOURISM

5 INVASION Red Lionfish (Pterois volitan) 97% Devil lionfish (Pterois miles) 1 st. Reported 1980s along SE FL Commercial fisherman 1985 Dania Beach, FL Several indiv. fish observed by divers off Palm Beach & Boca and another by angler from Lake Worth Pier, Palm Beach 1992 Hurricane Andrew 6 escaped from aquarium on Biscayne Bay

6 INVASION 2000 & 2001 NOAA researchers report multiple lionfish off NC, SC, GA, FL & Bermuda st. found Bahamas by rec. divers May 2006 found in Freeport Canals (Mike Stafford)

7 INVASION Recent status USGS web site Source (James Morris)

8 INVASION Future Distribution Limited by Water Temp. Minimum temp. = 10 degrees C or 50 degrees F Source (James Morris)

9 What s Being Done? 2007 REEF worked with local dive operators & College of the Bahamas lionfish surveys August 2007 COB Marine & Environmental Studies Institute in collaboration with Department of Marine Resources established online reporting: asweb2/home.nsf/vcontentw/gov-- Other--Marine+Resources+- +Lionfish+Survey!Opendocument

10 Bahamas Government Ministry of Agriculture & Fisheries Department of Marine Resources COB-Marine & Environmental Studies Institute NGOs (BNT, BREEF, The Nature Conservancy) Private Sector

11 Government, NGOs & Private

12 National Lionfish Response Plan COB-Marine & Environmental Studies Institute/Department Marine Resources (2009) High Priority Mgmt. Strategies (1-2 yrs) Amend Regulations Allow spearfishing w/scuba for tournaments & organized dive groups Unlimited bag limit of lionfish Allow spearing of lionfish around islands Encourage Commercial Fishery Expand & Improve Protection of National Parks & Marine Reserves

13 The Perfect Invader - Reproduction Mature in year 1 Males 4 Females 7 Eggs evolve & grow on stalks; each egg has somewhat of an umbilical cord Complex courtship female releases 2 egg masses Eggs encased in gelatinous mucous hollow & traps sperm 26 day larval duration Spawn year round every 4 days 25,000 eggs/batch >2 MILLION eggs per female per year

14 The Perfect Invader Feeding Eat > 40 species Stomach expands 30X in volume Eat fish ½-3/4 size Observed eating 20 small fish in 30 min. Nassau groupers & yellow tail snappers Picture from Morris Exuma work: reduce native fish by 80% LF consuming more biomass in some of higher densities that recruiting to site

15 The Perfect Invader - Predators Natural predators large groupers, coronet fish? Octopus mimics Native predators don t recognize LF as prey Found in Nassau groupers, greater AJ, sharks Exuma Feeding Trials Nassau grouper, red hind, grasby, nurse shark & octopus 5-39 days=no LF eaten NMFS Beaufort, NC Similar results with black sea bass, gag

16 Why? The Perfect Invader - Density Niche empty Lack of predators Lots of food Warm temperature Grow larger (18 + Bahamas versus 15 native range) Source: James Morris

17 VENOMOUS NOT POISONOUS!!!!!!!!!!!! D, V & A Spines Severe pain, swelling, rash 2 Glandular Groves Release venom when tissue is disturbed Venom is in the spines NOT in the flesh/meat Remove spines = Remove venom = Safe to eat!!!!!!! Source: James Morris

18 SafeSpear, LLC Formed in 2009 to market new polespear system (Patent Pending) Company Gregg Waugh, Pres. Lisa Waugh, VP; dayday & product research Andrew Cogswell prototype design/sales Margaret Cogswell web & drawings

19 SafeSpear, LLC The Lionfish Kit includes: Polespear (Patent Pending) Bag - Deep Water Lionfish Bag (shown) or Shallow Water Lionfish Bucket Float (Patent Pending) Lionfish Gloves Lionfish Grippers Lionfish Clippers Knife First Aid Kit/Info - heat pack shown; denatures venom Recipes Retail price for the Lionfish Kit is $350 (plus duty & shipping/handling).

20 Why SafeSpear, LLC? Lionfish not a part of my diving experience growing up around West End 30 years experience in fishery management limiting mortality, now encourage fishing; help rebuild other species Concerned about protecting environment and will be donating 10% profit to 4 Groups: Bahamas National Trust (BNT) Bahamas Reef Environment Education Foundation (BREEF) Friends of the Environment (FRIENDS) Gulf & Caribbean Fisheries Institute (GCFI)

21 THANKS BNT Cecilia Bodie, Karin Sanchez & Eric Carey UNEXSO Linda Osborne, Cristina Zenato & Nikki Waugh DMR Michael Braynen VIP Services Ltd. -Janet Albury & Liz Cheong Sonny & Alice Waugh Lisa Waugh Andrew & Margaret Cogswell Chris Waugh/Billy Brian Waugh Godfrey Waugh Lee Waugh Malone Michael & Megan Malone Michael Stafford & Dean Bethel (1 st. LF dive)

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