1. It was designed in Boulder, Colorado by a man who pioneered the modern fly shop. His operation was a reference point for Dan Bailey's Shop in Livingston, MT.
2. You might have purchased one of these devices in the early the late 1960's or early 1970's.
3. The $25 price tag was considerable for something to put on your vest...it probably cost more than vest itself and came close to what you may have paid for your reel.
The first person who has the right answer will get some yet to be determined prize .... click here and place peprentiss in the subject line.....you've got a week. One more thing my long time fishing partner , Bob Bush, is disqualified because he still has one. Mine disappeared in the Big Thompson around 1980.