Hand-held projectile dispenser

1. A projectile dispenser apparatus for rapidly dispensing bills comprising:

a. a base including a dispensing slot, a storage compartment comprised of front, rear and side panels, and a lid comprised of front and side lid edges; wherein the dispensing slot traverses the front panel; and wherein the upper edges of the side front and rear panels form an opening of the storage compartment that engages with the lid at an angle beneath the upper edges of the side panels of the storage compartment wherein the front and side lid edges move from a position above the upper edges of the side panels to a position below the upper edges of the side panels;

b. a dispensing element comprised of at least one movable dispensing element housed within the base, a motor assembly and a power source; wherein the at least one movable dispensing element, upon activation of the motor assembly, consecutively engages with the surface bill of a stack of bills in the storage compartment and moves it in a forward trajectory toward the dispensing slot such that the bill is dispensed in a projectile manner from the dispensing slot; and

c. a handle located beneath the base which houses the power source, with an actuation means for activating the motorized dispensing element; wherein engagement of the actuation means activates the motor assembly and initiates the motion of the movable dispensing element to dispense the bills from the dispensing slot.

2. The projectile dispenser apparatus of claim 1 further comprising a safety that extends across the dispensing slot when the actuation means is not engaged, and retracts vertically beneath the opening of the dispensing slot when the actuation means is engaged.

3. The projectile dispenser apparatus of claim 2 wherein the safety is moved at an angle upon actuation of the switch.

4. The projectile dispenser apparatus of claim 1 wherein the at least one movable dispensing element is a roller.

5. The projectile dispenser apparatus of claim 1 wherein the actuation means provides a continuous rotation of the at least one movable dispensing element when it is engaged and is selected from a push button switch or a trigger assembly.

6. The projectile dispenser apparatus of claim 1 wherein the actuation means is a switch.

7. The projectile dispenser apparatus of claim 1 further comprising a light feature that flashes upon activation of the power source.

8. The projectile dispenser apparatus of claim 1 further comprising an audio feature that generates a sound upon activation of the power source.

9. The projectile dispensing apparatus of claim 1 wherein the bills are selected from currency, coupons, handbills or other flexible planar materials.

10. A method of rapidly dispensing multiple bills in projectile fashion comprising the steps of:

a. inserting multiple bills in the storage compartment of a projectile dispenser apparatus comprised of a base, a handle and an actuation means; wherein the base comprises:

i. a storage compartment for holding the multiple bills;

ii. a dispensing slot further comprising a safety that extends across the dispensing slot when the actuation means is not engaged, and which retracts vertically when the actuation means is engaged;

iii. a compartment for housing a movable dispensing apparatus and motor assembly;

iv. a movable dispensing apparatus for moving the bills toward and through a dispensing slot;

v. a motor assembly for activating movement of the movable dispensing apparatus; and

and wherein the handle includes a power source; and further wherein the power source, the motor assembly and the actuation means comprising an electrical circuit that is activated by the initiation of the actuation means;

b. pointing the apparatus at a desired target;

c. applying manual pressure on the actuation means to activate the electrical circuit and provide electrical power to the motor assembly and retract the safety; and

d. dispensing the bills toward the target.

11. The method of claim 10 further comprising modulating the rate of dispensing and the flow of bills being dispensed by increasing or decreasing manual pressure on the actuation means.

12. The method of claim 10 wherein the movable dispensing apparatus includes a roller.

13. The method of claim 10 wherein the actuation means is a trigger assembly.

14. The method of claim 10 wherein the actuation means is a push button switch.