someone is accumulating.. just took a starter at .01 from pinksheets: " Outstanding Shares: 18,288,835 as of 2001-11-13 Estimated Market Cap: Not Available Current Capital Change: Dividends: Company Notes: Note=3-00 company filed a under Chapter XI of the Federal Bankruptcy Code in the U.S. Bankruptcy Court for the Central District of California, Santa Ana Division. Case No. SA00-12031RA. Plan of Reorganization effective 10-9-01: shareholders will receive any remaining cash & assets after creditors have been paid " September 28, 2000 " PREMIER LASER: SurgiLight to Purchase Ophthalmic Laser Division --------------------------------------------------------------- Premier Laser Systems, Inc. (OTC: PLSIQ) and SurgiLight, Inc. (OTC Bulletin Board: SRGL) announced that they have signed an agreement under which SurgiLight will acquire Premier's ophthalmic laser division. SurgiLight, based in Orlando, Florida, will acquire the intellectual property and inventory from Premier. Under the terms of the agreement, SurgiLight will close this transaction prior to the American Academy of Ophthalmology (AAO) in the third week of October. J.T. Lin, Ph. D., Chief Executive Officer of SurgiLight, said "We believe this is an extremely important milestone in the growth and development of our Company." Michael J. Quinn, President and Chief Executive Officer of Premier, said "We are pleased to be selling the ophthalmic laser technology and inventory to SurgiLight. The sale of the combined assets enables Premier to obtain optimum value for its stakeholders." The transaction between the parties is a culmination of a month long series of negotiations involving two separate suitors for control of Premier's ophthalmic laser division. The Magnum Group, Inc. of Tiburon, California, financial advisors to Premier, managed these negotiations. Randy McDonald, Managing Director for Magnum stated "We are confident that we have negotiated a deal that maximizes the asset value of Premier' ophthalmic lasers. In addition, we believe that SurgiLight will maximize these assets and immediately enter the market with this important technology." The transaction is subject to customary closing conditions, and approval by the bankruptcy court in which Premier's Chapter 11 case is pending. Premier had never formally commercialized Premier's ophthalmic laser product line. Premier was pursuing approvals to use the technology in the treatment of glaucoma and cataracts. " was about $1 when it went bk .. or at least that's what i gather from the chart below