Hi Dubb10,

thanks a lot for your detailed informationes. We here in old Europa,we are a small group of investors which has make money with this invest some years ago. At that time we invested once more.
I'll tipe a mail to Mr. Davis to aske him some questiones. Hope, I find his Mail-adress.

I wishe you a healthy, successful year 2011

Kind regards

Sweeper

@all

Hallo Guys,

I'm writing from Germany. Long time ago I had a look here in this thread. What's going on with this invest??? It seems I have lost all the money I have invested in PDMI. Is this company bankupt?
What happens? Is any hope there? Whichone can me give an answer to my questiones??

Best reards from old Germany

Sweeper

@all

sometimes Ihave a look into this board. I'm an Investor of this company.Crazy-what I see today. Is the company bankrupt???
Please tell me what happens. I fear, I have lost all my money which I investet in this company.

Thanx for your commentary

Sweeper

Hi friends,

thanx for your answers!

I for my one tink, it's time to write an mail to the management. I'll do it. If I get an answer I'll let you know.

Sweeper

@all

What is going on with this invest??? What's wrong with it????

I know-with some invests you must have a lot of patience. Hope our patience here 'll be awarded.

What is your opinion about PDMI?

We here in old Germany are a group of investors who had a lot of Confidence in the new CEO. The only we perceive is a downside movement. Is there anybody who can us tell something about this company?

Thanx for your kindly reports.

Best regards

Sweeper

Hi guys

what's going on with this invest? Since I bought it the rate was going in to the wrong direction. What is your opinion about this invest? Hope some of you give an answer to me.

Thanx and best regards from old Germany

Sweeper

What's going on with this Invest today?

I thought there came better times!

Anybody an answer?

Regards

Sweeper

Nice to see the volume today. I'm not sure whether the newest pressrelease is published here in the Thread.
Wishe all a good profit with this invest!

Sweeper

Paradigm Medical Industries Signs LOI for Up to $1.8 Million in Structured Financing
Tuesday April 14, 2009, 10:00 am EDT
Buzz up! Print Related:Paradigm Medical Industries Inc.
SALT LAKE CITY, UT--(MARKET WIRE)--Apr 14, 2009 -- Paradigm Medical Industries, Inc. (OTC BB:PDMI.OB - News) announced that on April 7, 2009 the Company signed a "Letter of Intent" (LOI) with Fairhills Capital for a structured financing of up to $1.8 million through the purchase of promissory notes from the Company. The LOI provides that $600,000 in notes will be purchased every three months over a nine month period, with the first purchase of $300,000 in notes to be made at closing and the remainder to be purchased upon the satisfaction of financial objectives to be mutually determined between the Company and Fairhills Capital.

Related Quotes
Symbol Price Change
PDMI.OB 0.0040 +0.0003


{"s" : "pdmi.ob","k" : "c10,l10,p20,t10","o" : "","j" : ""} Final details and contract for the financing are ongoing and expect to sign an agreement within the next ten days. Paradigm Medical will utilize the capital from the funding to re-launch and re-brand the Company in the global and domestic markets. Proceeds will be used for the development, redesign and upgrade to a number of their key products and to hire new key management and a sales team to help lead these efforts.

Fairhills Capital is a private equity firm that invests capital into companies in the emerging markets. The firm pursues investment opportunities in small-cap companies that have a strong management team and the ability to implement their business plan. Fairhills Capital has invested in over 50 public and private companies in various sectors including oil and gas, communication, arts and entertainment, services and medical sectors.

"The financing with Fairhills Capital is a major milestone for the Company," said Paradigm Medical's President, Stephen Davis. "With our new executive leadership, Paradigm is revitalized with a fresh, new sense of optimism and growth. We look forward to regaining the confidence of our shareholders as well as enhancing shareholder value."

About Paradigm Medical Industries, Inc.

Headquartered in Salt Lake City, UT, Paradigm Medical Industries, Inc. is a medical device company that develops, manufactures and distributes cutting edge, new innovative products in the diagnostic ultrasound and early glaucoma detection markets. Paradigm has the only patented technology utilizing photon laser for cataract removal. The Company is poised to capture a niche market within the Glaucoma and ultrasound microscopy fields. Paradigm Medical Industries markets its products to ophthalmologists, optometrists, universities, and clinics throughout the United States, as well as internationally.

For more information, please visit: www.paradigm-medical.com

This press release contains statements that, if not verifiable historic fact, may be viewed as forward-looking statements that could predict future events and outcomes with respect to Paradigm and its business. The predictions embodied in these statements will involve risk and uncertainties and, accordingly, actual results may differ significantly from the results discussed or implied in such forward-looking statements.

Contact:
Contact:
Paradigm Medical Industries, Inc.
Stephen Davis
President
801-977-8970
http://www.paradigm-medical.com

EmailIM Bookmarkdel.icio.usDigg Buzz up!
Related Headlines
Paradigm Medical Industries Signs LOI for Up to $1.8 Million in Structured Financing - Marketwire
Paradigm Medical Industries Announces New President, Stephen Davis - Marketwire
PARADIGM MEDICAL INDUSTRIES INC Financials - EDGAR Online Financials
PARADIGM MEDICAL INDUSTRIES INC Files SEC form 8-K, Change in Directors or Principal Officers - EDGAR Online

In his Mail Mr. Davis told me that a pressrelease appeard on 7.4. We all could read it today and I think it sounds good. I expect an enormus rise in few months. 2009 should be an interresting year for this invest.

Sweeper

Hallo-anybody here?

Where are all the investors of PDMI

Hallo-anybody here?

Where are all the investors of PDMI

Hi Kittie88,

To your question about my thoughts whether PDMI could rebound I'll say: yes, of course!!! The effort of Mr. Davis with his staff should bring the success of this company back to all of us. 2009, so my opinion, should be an interesting year for our company!

Kind regards

Sweeper

@ all

yesterday I communicated with Mr. Davis. I think, it's interesting to read what he wrote to me. I'll tell it also to the group iof the wallstreet-online forum here in Germany. I hope there are some more investors involved in PDMI as Investolator and myself.

Kind regards and all the best for you all!

Sweeper

Dear ......

Since we last communicated, much has taken place at Paradigm Medical. I will attempt to catch you and the other shareholders up.

As you know, there was a reverse stock split approved by shareholders in December. That was necessary as painful as it was for the shareholders, it was necessary to move Paradigm back into the market. The organization had been left in a serious state and required some radical attention. We quickly began to develop a new relationship with some other investors other than the NIR Group. One's that would be as interested in the growth as in keeping the "patient" alive! We are in the final stages of receiving funding to sustain and grow the business.

I have been busy creating an extensive business plan that includes new re-organization, new management members and new corporate partners. The last effort will result in some new products that our distributive sales force in the International market and our new sales force in the US will be selling. We will return to the core of developing and finding the best instruments for early diagnosis of Glaucoma and other related associated diseases. We have set high expectations and our forecasts will reflect growth that has been sorely lacking for the past three years.

Finally, I apologize for our current Web Site. It will be totally overhauled.

Things are on the verge of improving......keep in touch and watch for the press releases beginning April 7th.

Stephen




Stephen L. Davis
2278 Oak Leaf Way
Sandy, UT 84092
(801) 571-5764 Residence
(801) 618-7954 Mobile

@ all

PDMI still alive!

Where are all the PDMI-Investors??

Is anybody still in this invest?

Hibernate is finishe-spring is in front of the door!

Let's collect the very cheap shares. I'm shure we'll have a good profit.

Sweeper

Hi Investolator,

all is well, except the bloody shareprice. Next week I'll type a mail to the new PMDI-CEO. His answer I'll share with you.
All the best for you!

Sweeper

That's right!

Today the function here is well again.

Thanx for your answer.

Tomorrow morning our son is going to go to San Diego CA until August to improve his Englishe language. Hope he has a greate time there.
All the best for you Investolator!

Sweeper

does anyone know-is there a problem with the PDMI-Homepage?

Thanks for your answer.

Wishe all of you a successful New year!

Sweeper

Merry Christmas and a successful year 2009 to all shareholders of PMDI

Sweeper

Hi flaflyersfan,

Thanx for your explanation.I fear, we can trade PDMI-shares here in Germany next time. Here an article, I found today in a finacial Board.

16.12.2008 19:26
Paradigm Medical Poised to Expand Stake in $250-Million U.S. Ophthalmic Diagnostic Device Market
Paradigm Medical Industries, (News) Inc. (OTCBB: PDMI.OB) has launched several internal programs aimed at expanding its position in the U.S. and global diagnostic ultrasound and early glaucoma detection markets. The Company's initial efforts are aimed directly at the $25-million opportunity for its P60 Ultrasound BioMicroscope (UBM) and the growing glaucoma detection markets.

”We are redirecting our efforts to reposition our leading products in the ultrasound market, where the Company has been the premier developer of new, high-technology devices,” said Paradigm Medical's new President, Stephen Davis. ”Our short-term goal is focused on new design enhancements for our three proprietary products: the P60 UBM, the Blood Flow Analyzer™ (BFA), and the LD400 autoperimeter, and increasing sales of the Glaid-PERG throughout North America.”

The Glaid-PERG electrophysiology instrument is used for the early detection of glaucoma. Paradigm Medical has an exclusive agreement with LACE Elettronica srl (Rome, Italy) to distribute the latter's Glaid-PERG device. ”We are also reinforcing other global collaborations in the U.S., Europe and Asia,” Mr. Davis noted.

”The U.S. market for ophthalmic diagnostic ultrasound devices is over $250 million and growing at more than 5% per year. The global opportunity is probably double that,” Mr. Davis added. ”Paradigm Medical is also readying several new products that could be commercialized by mid-2009. We are known in the industry as 'The UBM Company,' based on our innovation and array of ultrasound devices for the ophthalmic and medical industries. And we remain dedicated to not only growing our share of the market but also to expanding the size of the market through new proprietary products and technology.”

The Company's P60 UBM is used for viewing structures in the eye involved with glaucoma pathologies and surgical procedures. The Blood Flow Analyzer™ is used for early detection and treatment management of glaucoma and other retina related diseases. The LD400 Autoperimeter is used to measure patient visual fields to determine the severity of glaucoma and to aid in managing the disease.

Paradigm Medical Industries, Inc. is a leader in ultrasound devices, and glaucoma detection and management products.

This press release contains statements that, if not verifiable historic fact, may be viewed as forward-looking statements that could predict future events and outcomes with respect to Paradigm and its business. The predictions embodied in these statements will involve risk and uncertainties and, accordingly, actual results may differ significantly from the results discussed or implied in such forward-looking statements.






Klicken Sie hier, um weitere aktuelle Nachrichten zum Unternehmen zu finden:

PARADIGM MEDICAL INDUSTRIES

Question to the experts of this thread.

here in Germany the value of all my PMED-shares since today is 0!! What happens???

Thanks for your answer and all the best to you!!!

Sweeper

@all investors of PMED

dear investors,

since some weeks I had no acces to this board because Ilost my password. Thanx for the support of investorshub. Yesterday I wrot a mail to Mr. Davis, the new CEO of PMED. He answered immediately.

Here his statement and I think, it sounds good.



Dear Mr. ....,

I understand your interest and at the same time your concerns.

PMED has recently begun to reposition its efforts to begin to take a more defined approach to implementing the growth of our current mix of products and also begin to introduce more effectively our new products. As we improve products, distribution, customer service and at the same time, effectively control our resources, we will begin to improve our organization and also our market value.

Since accepting the responsibility of President/CEO just a little over two weeks ago, I have begun to selectively build the team I will need to get PMED back into the active arena we belong in. Secondly, I have spent the past two weeks reviewing our financials and customer issues. I have also begun the task of re-building vendor relations. At the same time, I have begun discussions towards completing plans for updating and improving our current products and similar discussions about new products we would like to add/develop.

As I am sure you and our other investors are aware, it will take additional capital to accomplish these tasks and get us moving back into a positive growth direction. We will be doing everything possible to assure we have the necessary funds to finally position Paradigm back on track as a leader in the world wide Ultrasound and Glaucoma markets.

Erwin, you have my personal commitment and also the same commitment from the team I am assembling, that we will not fail as a result of our collective effort!

Thank you for your trust and support!

Sincerely,

Steve L. Davis
President/CEO
Paradigm Medical Industries, Inc.
Office: 801 977-8970
Cellular: 801 618-7954
E-mail: sdavis@paradigm-medical.com

Hi Investilator,

here is Mr. Cannefax's very quick answer to my todays question:

We have had several board meetings in the past few weeks in order to keep the directors up to speed in respect to the progress we are making at PMED. But, as you know, until we disclose publicly, nothing can be said.
Regards,
Raymond Cannefax



Paradigm Medical Industries, Inc.
801-977-8970

This e-mail is confidential and intended only for those to whom it is addressed. If received by accident, please delete.
P Please consider the environment before printing this e-mail
____________________________________
Regards
Sweeper

What is going on with our invest???

Where are all the posters?

Since days no informationes at all!

Have all lost there hope?

I for my one see PMED as a longtime invest.

I'm interestet in some opinion of you guys!

Best regards from old Germany.

Sweeper

Tasti, thx for your answer.That what you wrote are my thougts also. That means-I buy some more shares.

Best regards

Sweeper

Hi guys,

have a question to the experts of this thread.
Needless to say, it 'll be the decision of each one by his self to invest in Pmed.
But now the price of the shares is absolutely low. What is your opinion to invest especially to this time?
I think it'll be interesting to discuss about that in this forum.

Wish all a beautiful weekend.

Sweeper

@all

Yesterday evening I wrot following e-mail to Mr. Cannefax:

To: r_cannefax@msn.com
Subject: The big E in the name of Pmed
Date: Thu, 22 May 2008 21:06:43 +0200


Dear Mr. Cannefax,

would you be so kind to tell me, why the big E hasn't gone yet?

We know, PMED has done there homework now. Some of our shareholders asked this question-and I read this question in some boards in your country.

I told our group that I 'm very confident in you-Mr. Cannefax and that Pmed belongs to the leader in this medical products. After that, the most of them were calm with there trouble.

Thanks for your respons.

With best regards from old Germany

Here the quick, short answer from Pmed:

After finally getting our 10K filed, we are still working on filing the 10Q which we expect to have filed by the end of this week.


Paradigm Medical Industries, Inc.
801-977-8970

With kind regards

Sweeper

thx for your explanation-helraiser.
Now I understand what that date means.

Hope the best for all of us.

Sweeper

Please, what is going on with the 16.of may?

I read this day in some postings before.

Thx for your answer.

Sweeper

Cap'm and Phill (Bullrider)

Thx for your kindly support.

Regards

Sweeper

Is it possible, that anybody can help me to find the chart including the MACD of the symbol: PMEDE?

Thx for your advise!

Sweeper

i think when they release the 10k before the 15 of may

Hi LDB29,

please, what does it mean-15. of may?

Thx for your replay.

Regards
Sweeper

thx for your quick answer-investolator. Today I could open the site again.
I for my one am very confident in Mr. Cannefax. I appreciate him as an excelent Manager.
Needless to say that the shareprice in the Moment looks quiet bad.
But I'm shure-we'll see better days because it's fact-PMED is a leader of different optical instruments.

Wishe you a painless weekend

Sweeper

Hi everyone,

is there a probleme with the website of PMED?

It doesn't worke!

Is there a technical problem or have we there a bigger one?

Thx for your answer

Sweeper

@investolator and alesha44,

thx for your respons. I for my one decide to buy to this low price next week, because I expect an enourmus rebound when ever it comes-but it comes!
Have a nice weekend and all the best for you, especially a good health.

Sweeper

Now there the price of PMED is down-should we buy? what are your thougts?

Sweeper

I absolute agree with what you wrot. But I estimate Mr. R. Cannefax as a smart manager. He knows what now is to do.

Sweeper

Hi Investolator,

thx for your quick response. That means,I can use this forum in future. That's important for me to know because I like the discussion on this board.
Wishe a good health and all the best for you.
Have a nice weekend.

Sweeper

sorry, but I saw the companies symbol changed. Therefor I thought there you have a new Forum. That's the reason I wrot.

Sweeper

Hi investors,

where can I find the new forum???

Please tell it to me.

Thx.

Sweeper

What is going on with our Invest?

Knows anyone more?

Then-please let us know also.

Thx and best regards

Sweeper