Paper Distresser ... from Tim Holtz and Tonic Studio :)
This paper distresser by Tim Holtz, has a Kushgrip (rubberised) centre for a comfortable grip when distressing or roughing up the edges of paper, cardstock or grungeboard. Also great for cutting embroidery threads, cotton and other fibres.
There are 7 sharp, recessed blades which makes it safe and easy to use.
This distresser measures only 2 1/4" x 13/8" x 3/8" so doesn't take up much room in your travelling craft kit.
It features a molded plastic loop for adding a keychain, tassel or hanging on a hook or pegboard.