@Mr Martin and Mr Peter -
I understand your concerns around the safety strap. I debated for quite some time on how to put a safety strap on this sheath. I have had many sheaths with the safety strap on the edge side of the knife and it annoys me to have the edge rub against the safety strap and put little cuts in it. I wanted something to hold the blade in without interfering with drawing the knife out or placing it back in the sheath. What I did and maybe its not showing in the pictures well enough but I cut the back piece that forms the belt slots along the curvature of the bolster and handle so that the safety strap actually wraps around the handle and the bolster putting pressure on it when it is snapped over the stud. Also, to help in this I wet formed the sheath to the blade and the welt is only as thick as the spine. In the end the blade almost snaps into place when it is seated all the way into the sheath. Time will tell if it holds up, but at this time the blade fits very snug in the sheath. As for the belt slots, you are correct, I did not punch a hole at the end of the cuts, I didn't have a punch small enough. I wet formed the belt slots in hopes that it will prevent any tearing.Thank you both for your comments and accolades!
@Sixer - thanks!