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Paradigm Medical Industries Inc. (PDMI)

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Paradigm Medical Industries, Inc.


Contact Info
  • 4273 South 590 West
  • Salt Lake City, UT 84123
Press Releases

Paradigm Medical Industries (PDMI)

Originally the creation of a merger between French Bar Industries and Paradigm Medical Inc. in early 1993, the company quickly became skilled in the development, manufacturing, sales, and marketing of medical devices utilizing innovative and dependable diagnostic technologies for the early detection of glaucoma and other eye disorders. 

Paradigm Medical Industries, Inc. has an exceptional history of acquiring superior medical devices and companies. In 1997 Paradigm acquired OBF Labs and the Ocular Blood Flow Analyzer (BFA). Today the BFA is the only medical device available that measures both IOP and Ocular Blood Flow, two key factors in the assessment and early treatment of glaucoma, circulatory abnormalities, and other eye maladies. In 1998 the company acquired proprietary UBM technology from Humphrey Systems. After extensive research and development Paradigm enhanced this technology to be more precise, user friendly, and detailed with its introduction of the P60 UBM, the first Windows based UBM, in early 2005. In 2000 Paradigm acquired Dicon, a manufacturer of advanced diagnostic instrumentation, and expanded its product line to include perimetry, topography, and pachymetry. Only Paradigm’s sophisticated perimeters perform testing strategies with voice recognition software, now available in 26 languages. Paradigm remains dedicated to developing or acquiring new technologies and devices that preserve the vision of tomorrow, today. 

Paradigm’s expertise lies with medical devices using UBM, A-scan, B-scan, pachymetry, perimetry, ocular electrophysiology, topography, tomography, and tonometry technologies. With over 17 years of experience Paradigm specializes in providing reliable, easy-to use equipment that provide the experienced practitioner unequalled value and performance, while remaining affordable for physicians starting new practices or opening up additional satellite offices. 

Paradigm Medical Industries, Inc. is a publicly owned company traded on the OTC/PK under the symbol

Two Consultants for PDMI
Steven Bayern & Thomas F. Motter 

Steven Bayern BIO 
Listed as Consultant in PR 


Mr. Bayern has over 30 years of experience in investment banking, venture capital, and trading 
and brokerage management, including having founded and served as a principal in three separate brokerage firms on Wall Street. He was founder and principal of Racz & Company, a NYSE member firm, founder and Chairman of S.J. Bayern & Company, an NASD member firm, and founder and Chairman of Win Capital Corporation, also an NASD member firm. Mr. Bayern was also involved in successfully raising capital for Paradigm Medical in 2001 and 2003, and in arranging for the merger between the Company and Vismed, Inc., dba Dicon in 2000. 

Holding an MBA from the Baruch School of Business CCNY earned in 1974, in Finance and Investments, Mr. Bayern has built his career in the financial industry based upon his ability to locate, structure and fund small cap and mid-market deals. To that end, he has consummated myriad transactions throughout his career while compiling a long and distinguished track record of success. 

In his capacity as a principal in broker/dealer ventures, Mr. Bayern has assisted a great many small and mid-size companies achieve public listing and trading status and is intimately familiar with the public equity markets on both the buy and sell sides. 

Having worked with numerous companies throughout the course of his career and having raised many hundreds of millions of dollars in equity capital for them, Mr. Bayern brings an invaluable skill-set and wealth of experience to any company in search of capital. His ability to locate, structure and shepherd transactions throughout the process is critical and his connections at virtually every level of Wall Street is of vital importance to any company seeking seed, bridge, mezzanine or ongoing capital up to and beyond the domestic sources serve to compliment the success of any client’s funding endeavors. 

Racz & Company Mentioned here in NY Times Article 1981 

Thomas F. Motter is no scrub promoter IMO... Check out his BIO 

Mr. Motter has worked in the eye care industry for over 30 years, including management 
positions at SmithKline Beckman's eye division over a 15 year period. Mr. Motter founded Paradigm 
Medical and served as Chairman of the Board and Chief Executive Officer of the Company from 1993 
to 2002. As founder of Paradigm Medical, Mr. Motter pioneered the use of Nd-yag laser for cataract 
removal and was at the forefront in the introduction of new surgical procedures utilizing ultrasound and 
laser technologies in all facets of soft tissue management.

SmithKline Beckman was merged with what ultimately became GSK one of the largest pharma companies behind Pfizer 

The Beecham Group plc was a British pharmaceutical company. It was once a constituent of the FTSE 100 Index. Beecham, after having merged with SmithKline Beckman, merged with Glaxo Wellcome to become GlaxoSmithKline (GSK). GSK still uses the Beechams brand name in the UK for its over-the-counter cold and flu relief products.


Randall A. Mackey

Chairman of the Board of Directors, PDMI

Attorney and Counselor at Law at Mackey Price & Mecham



After receiving his two law degrees, Mr. Mackey joined the law firm of Hogan & Hartson in Washington, D.C. where he practiced extensively in the areas of corporate and securities law and administrative law. In 1979, he returned to Utah and joined the Salt Lake City law firm of Fabian & Clendenin. He was a shareholder, Vice President, and a director of that firm prior to joining the predecessor of Mackey Price & Mecham in 1989. While at Fabian & Clendenin, Mr. Mackey’s principal areas of practice included corporate and securities law and banking law. Mr. Mackey also served from 1981 to 1988 as an Adjunct Professor at the University of Utah, teaching courses in Constitutional Law and International Law.

Mr. Mackey has been active in community affairs. He has previously served as Chairman of the Board of Trustees of Salt Lake Community College, a member of the Utah State Board of Education, a director of the Harvard Alumni Association in Cambridge, Massachusetts, a Vice President of the Columbia Law School Association in New York City, and a director of the Salt Lake Education Foundation. Mr. Mackey has also served as a trustee of Ballet West, the Utah Opera Company, and the Gina Bachauer International Piano Foundation and a director of the Utah Arts Counsel.

Mr. Mackey additionally served on the Utah National Steering Committee in 1992 and 1988 of President George Bush’s Campaign Committee, as Chairman of the Higher Education Committee for Governor Jon Huntsman’s Campaign Committee in 2004, a member of Governor Huntsman’s Transition Committee from 2004 to 2005, a member of the Steering Committee of Governor Michael Leavitt’s Campaign Committee in 1992, and a member of the Executive Committee of Governor Leavitt’s Transition Committee from 1992 to 1993.

Mr. Mackey is a member of the Utah State Bar and the District of Columbia Bar and served on the Utah State Bar Securities Advisory Committee.


Extensive experience in corporate and securities matters, including mergers and acquisitions, public offerings and private placements of equity and debt securities, business planning, business sales and divestitures, securities law compliance, shareholder matters, proxy contests, tender offers, joint ventures, limited liability company law, commercial law and insurance law. Has also had significant experience in banking work.


Mackey Price & Mecham is a business law firm based in Salt Lake City, Utah. The firm’s areas of practice include general corporate, corporate finance and securities, litigation and alternative dispute resolution, real estate, banking, estate planning, and aviation law. Mackey Price & Mecham was founded to service the needs of business organizations and enjoys a broad-based business practice.

The firm has two principal objectives: first, to provide mature businesses with the entire spectrum of corporate legal and dispute resolution services at a high level of expertise, and second, to provide emerging businesses with assistance in corporate organization, finance and capital formation, and dispute resolution (as well as assisting with the many other legal and business issues facing emerging businesses). In the past, many top Utah businesses have hired out-of-state legal counsel for representation in complex corporate and securities transactions. Mackey Price & Mecham provides the same quality of legal services on a local basis that are usually found among large out-of-state law firms.

The firm’s attorneys believe that the Rocky Mountain region is an attractive growth area for businesses. Growing businesses need quality representation from experienced legal counsel. Such counsel can facilitate a client’s growth by advising the client on how to locate sources of, and secure capital, assemble a team of professionals and management personnel, and resolve problems and disputes that might inhibit future growth and development. The attorneys at Mackey Price & Mecham are confident that their experience enables them to act as catalysts to the entrepreneurial spirit that prevails in the Rocky Mountain region.

Attorney and Counselor at Law

Fabian & Clendenin

Principal areas of practice included corporate and securities law and banking law.

Attorney and Counselor at Law

Hogan & Hartson

Practiced extensively in the areas of corporate and securities law and administrative law.

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Current Price
Bid Ask Day's Range
#23181   I have made money on this shell 3 kittie88 03/27/17 05:26:42 PM
#23180   That's depressing Risk vs Reward 03/27/17 01:02:34 PM
#23179   ETRF @ .0009 Risk vs Reward 03/27/17 12:32:54 PM
#23178   start-ups aren't interested ,out dated product line .... alert1100 03/27/17 10:51:28 AM
#23177   All we have here is a shell ... alert1100 03/27/17 10:48:48 AM
#23176   I'm building a major gunpowder reserve in my Risk vs Reward 03/24/17 10:03:41 AM
#23175   4 to 5 active mm's on a stock Risk vs Reward 03/24/17 10:01:52 AM
#23174   No offense taken :) Risk vs Reward 03/23/17 06:47:16 PM
#23173   Weird trading today Risk vs Reward 03/23/17 05:06:14 PM
#23172   That's not true. The bid could also represent WillieWonka 03/23/17 03:11:22 PM
#23171   I know how to sell lol I'm saying the Risk vs Reward 03/23/17 02:58:12 PM
#23170   Yes, you would use a limit order WillieWonka 03/23/17 01:57:26 PM
#23169   Another mil bought, wish they were 2's Seems Risk vs Reward 03/23/17 12:02:22 PM
#23168   Someone just picked up 2.4 million @ .0001- WillieWonka 03/23/17 09:51:32 AM
#23167   One day 2 weeks ago bid size was Risk vs Reward 03/22/17 10:21:24 PM
#23166   I'm convinced now that the only reason there's Risk vs Reward 03/22/17 04:24:26 PM
#23165   WOW We have a movement of two sure bet 03/22/17 03:43:38 PM
#23164   If I don't see a bid of sure bet 03/22/17 02:48:53 PM
#23163   Raise the bid or I just sit her sure bet 03/22/17 02:17:41 PM
#23162   I said raise the bid not lower it boy sure bet 03/22/17 02:08:06 PM
#23161   If you want me to sell you got sure bet 03/22/17 01:59:34 PM
#23160   WOW PDMI IS ON THE MOVE 10,000@ sure bet 03/22/17 12:22:37 PM
#23159   WOW 500,000 BID @0.0001 =$ 50.00 sure bet 03/22/17 10:54:55 AM
#23158   We have bid again. 500k shares. WillieWonka 03/21/17 03:33:28 PM
#23157   Someone just purchase 1 share WOW PDMI sure bet 03/21/17 02:54:48 PM
#23156   Who wants some deuces? Risk vs Reward 03/21/17 09:20:19 AM
#23155   They all add up. WillieWonka 03/17/17 03:20:22 PM
#23154   10k hits never fail lol Risk vs Reward 03/17/17 10:48:27 AM
#23153   Not for long! We got a bid again. WillieWonka 03/16/17 09:46:34 AM
#23152   Actions slowed down here Risk vs Reward 03/15/17 10:38:50 AM
#23151   100,000 1's disappeared returning the 2 ask They really Risk vs Reward 03/10/17 02:26:11 PM
#23150   Range of the MM's is spreading, even though Risk vs Reward 03/10/17 11:04:07 AM
#23149   ask at 0002 shrinking... was 38 million last Murray 03/07/17 02:42:36 PM
#23148   Could be a limit all or none order WillieWonka 03/07/17 11:46:55 AM
#23147   There's a 100k buy instead of a 10k lol Risk vs Reward 03/07/17 10:45:10 AM
#23146   Let's that fat bid again today! Stepping stones Risk vs Reward 03/07/17 07:44:45 AM
#23145   Testing for a reaction maybe? If it's back Risk vs Reward 03/06/17 06:42:27 PM
#23144   Come on people! Another 10K @ .0002? WillieWonka 03/06/17 04:07:41 PM
#23143   The bid is gone. WillieWonka 03/06/17 02:55:46 PM
#23142   Too good to be true... no smoke yet Risk vs Reward 03/06/17 02:15:59 PM
#23141   I saw that. Lets see how it plays WillieWonka 03/06/17 09:54:49 AM
#23140   35 mil Bid? Wow! Risk vs Reward 03/06/17 09:46:44 AM
#23139   The action is not a bad thing for WillieWonka 03/03/17 10:28:00 AM
#23138   .000s run all the time, 0002s are really Murray 03/03/17 09:01:30 AM
#23137   Hopefully it's not one of us old guard Risk vs Reward 03/02/17 05:22:41 PM
#23136   Anybody want to explain today's action? Always looking Risk vs Reward 03/02/17 05:16:03 PM
#23135   someone is starting to bid heavier here... Murray 03/02/17 09:53:03 AM
#23134   To be honest I don't know what stock Risk vs Reward 03/01/17 11:26:28 AM
#23133   It would be nice to see the bid sure bet 03/01/17 09:50:28 AM
#23132   I'm ready to pounce like cat! Got some Risk vs Reward 02/28/17 07:47:17 PM