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Pathetic.
195 shares? Unbelievable.
Up, down, up, down. At least some activity today.
E,
Not a dumb question.
I fell for CWDW because of the DD, pure and simple. As for the other stock, I am there because of one other investor, the DD, and management ties. I have learned the hard way that you must protect your capital. Aliangel has some good investment advice that you can look up on the threads on this board. He, JJ, Hok, and a couple of others have been very helpful.
VC
erinihub,
As you may already realize, I hold each stock and feel that this one is the most feasible for an r/m with Palmaz and have my reasons like anyone else. I have not dismissed the other stock as a possible candidate in some shape or form, but it does have some perception issues to address, imo.
More important, I would like to see the nonsense arguments cease between the two boards. It is distracting, distasteful, and unprofessional, imo. I haven’t contributed to the other board lately because the DD has been exhausted at this point. February is an important time in its life cycle (a later date that Hokie implied). It, like CWDW, is in play, but probably down the road. Until then, it is a hold, just like this one.
VC
You can look at this from a couple of angles, imo.
1. Holders are holding. Why? An r/m is just around the corner or somewhere over the rainbow? Can you wait it out? That is the real question.
2. Speculation probably will not hurt the pps until the calendar change, maybe even until the end of January.
I think the charts are more positive than after I bought in in early October. There is a very strong base level and the stock has a very nice history. Just a few thoughts.
Good to have you visiting the board.
VC
I don't know; anyone can edit the information on this site.
Can anyone honestly tell me that this stock is not in play? Tomorrow will be interesting.
Late Dec. action, but maybe an early Jan. announcement. Hok? Thoughts on timing and pr?
Is this why bidders are lined up at .035?
Wow, what is going on?
Action on news...
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM D
Notice of Exempt Offering of Securities
OMB APPROVAL
OMB Number: 3235-0076
Expires: June 30, 2012
Estimated average burden
hours per response: 4.00
--------------------------------------------------------------------------------
1. Issuer's Identity
CIK (Filer ID Number) Previous Names X None
Entity Type
0001432568 X Corporation
Limited Partnership
Limited Liability Company
General Partnership
Business Trust
Other (Specify)
Name of Issuer
PALMAZ SCIENTIFIC INC
Jurisdiction of Incorporation/Organization
DE
Year of Incorporation/Organization
Over Five Years Ago
X Within Last Five Years (Specify Year) 2008
Yet to Be Formed
2. Principal Place of Business and Contact Information
Name of Issuer
PALMAZ SCIENTIFIC INC
Street Address 1 Street Address 2
2100 MCKINNEY AVENUE SUITE 1500
City State/Province/Country ZIP/PostalCode Phone Number of Issuer
DALLAS TX 75201 214-520-9292
3. Related Persons
Last Name First Name Middle Name
Solomon Steven B
Street Address 1 Street Address 2
2100 McKinney Avenue Suite 1500
City State/Province/Country ZIP/PostalCode
Dallas TX 75201
Relationship: X Executive Officer X Director X Promoter
Clarification of Response (if Necessary):
Chief Executive Officer
--------------------------------------------------------------------------------
Last Name First Name Middle Name
Palmaz Julio C
Street Address 1 Street Address 2
2100 McKinney Avenue Suite 1500
City State/Province/Country ZIP/PostalCode
Dallas TX 75201
Relationship: X Executive Officer X Director X Promoter
Clarification of Response (if Necessary):
Chairman of the Board and Chief Science Officer
--------------------------------------------------------------------------------
Last Name First Name Middle Name
Banas Christopher
Street Address 1 Street Address 2
2100 McKinney Avenue Suite 1500
City State/Province/Country ZIP/PostalCode
Dallas TX 75201
Relationship: X Executive Officer X Director Promoter
Clarification of Response (if Necessary):
Chief Operating Officer
--------------------------------------------------------------------------------
Last Name First Name Middle Name
Romano Philip
Street Address 1 Street Address 2
2100 McKinney Avenue Suite 1500
City State/Province/Country ZIP/PostalCode
Dallas TX 75201
Relationship: Executive Officer X Director Promoter
Clarification of Response (if Necessary):
--------------------------------------------------------------------------------
4. Industry Group
Agriculture
Banking & Financial Services
Commercial Banking
Insurance
Investing
Investment Banking
Pooled Investment Fund
Is the issuer registered as
an investment company under
the Investment Company
Act of 1940?
Yes No
Other Banking & Financial Services
Business Services
Energy
Coal Mining
Electric Utilities
Energy Conservation
Environmental Services
Oil & Gas
Other Energy
Health Care
Biotechnology
Health Insurance
Hospitals & Physicians
Pharmaceuticals
X Other Health Care
Manufacturing
Real Estate
Commercial
Construction
REITS & Finance
Residential
Other Real Estate
Retailing
Restaurants
Technology
Computers
Telecommunications
Other Technology
Travel
Airlines & Airports
Lodging & Conventions
Tourism & Travel Services
Other Travel
Other
5. Issuer Size
Revenue Range OR Aggregate Net Asset Value Range
X No Revenues No Aggregate Net Asset Value
$1 - $1,000,000 $1 - $5,000,000
$1,000,001 - $5,000,000 $5,000,001 - $25,000,000
$5,000,001 - $25,000,000 $25,000,001 - $50,000,000
$25,000,001 - $100,000,000 $50,000,001 - $100,000,000
Over $100,000,000 Over $100,000,000
Decline to Disclose Decline to Disclose
Not Applicable Not Applicable
6. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply)
Rule 504(b)(1) (not (i), (ii) or (iii)) Rule 505
Rule 504 (b)(1)(i) X Rule 506
Rule 504 (b)(1)(ii) Securities Act Section 4(6)
Rule 504 (b)(1)(iii) Investment Company Act Section 3(c)
Section 3(c)(1) Section 3(c)(9)
Section 3(c)(2) Section 3(c)(10)
Section 3(c)(3) Section 3(c)(11)
Section 3(c)(4) Section 3(c)(12)
Section 3(c)(5) Section 3(c)(13)
Section 3(c)(6) Section 3(c)(14)
Section 3(c)(7)
7. Type of Filing
X New Notice Date of First Sale 2008-04-30 First Sale Yet to Occur
Amendment
8. Duration of Offering
Does the Issuer intend this offering to last more than one year? Yes X No
9. Type(s) of Securities Offered (select all that apply)
X Equity Pooled Investment Fund Interests
X Debt Tenant-in-Common Securities
X Option, Warrant or Other Right to Acquire Another Security Mineral Property Securities
X Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security Other (describe)
10. Business Combination Transaction
Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer? Yes X No
Clarification of Response (if Necessary):
11. Minimum Investment
Minimum investment accepted from any outside investor $10,000 USD
12. Sales Compensation
Recipient Recipient CRD Number None
Titan Securities 131392
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
Two Galleria Tower 13455 Noel Road, Suite 310
City State/Province/Country ZIP/Postal Code
Dallas TX 75240
State(s) of Solicitation All States
AZ
CA
CO
FL
GA
IN
NV
NY
OK
TX
--------------------------------------------------------------------------------
Recipient Recipient CRD Number None
Ehrenberg Chesler Securities, Inc. 130790
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
7373 Broadway Sute 108
City State/Province/Country ZIP/Postal Code
San Antonio TX 78209
State(s) of Solicitation All States
CA
CO
FL
IL
NV
NY
TX
--------------------------------------------------------------------------------
13. Offering and Sales Amounts
Total Offering Amount $20,000,000 USD or Indefinite
Total Amount Sold $700,000 USD
Total Remaining to be Sold $19,300,000 USD or Indefinite
Clarification of Response (if Necessary):
14. Investors
Select if securities in the offering have been or may be sold to persons who do not qualify as accredited investors, and enter the number of such non-accredited investors who already have invested in the offering.
Regardless of whether securities in the offering have been or may be sold to persons who do not qualify as accredited investors, enter the total number of investors who already have invested in the offering: 2
15. Sales Commissions & Finder's Fees Expenses
Provide separately the amounts of sales commissions and finders fees expenses, if any. If the amount of an expenditure is not known, provide an estimate and check the box next to the amount.
Sales Commissions $1,400,000 USD X Estimate
Finders' Fees $0 USD X Estimate
Clarification of Response (if Necessary):
16. Use of Proceeds
Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters in response to Item 3 above. If the amount is unknown, provide an estimate and check the box next to the amount.
$0 USD Estimate
Clarification of Response (if Necessary):
We do not expect to pay individuals identified in Item 3 a commission or finders fee from the sale of these securities.
Signature and Submission
Please verify the information you have entered and review the Terms of Submission below before signing and clicking SUBMIT below to file this notice.
Terms of Submission
In submitting this notice, each issuer named above is:
•Notifying the SEC and/or each State in which this notice is filed of the offering of securities described and undertaking to furnish them, upon written request, in the accordance with applicable law, the information furnished to offerees.*
•Irrevocably appointing each of the Secretary of the SEC and, the Securities Administrator or other legally designated officer of the State in which the issuer maintains its principal place of business and any State in which this notice is filed, as its agents for service of process, and agreeing that these persons may accept service on its behalf, of any notice, process or pleading, and further agreeing that such service may be made by registered or certified mail, in any Federal or state action, administrative proceeding, or arbitration brought against it in any place subject to the jurisdiction of the United States, if the action, proceeding or arbitration (a) arises out of any activity in connection with the offering of securities that is the subject of this notice, and (b) is founded, directly or indirectly, upon the provisions of: (i) the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust Indenture Act of 1939, the Investment Company Act of 1940, or the Investment Advisers Act of 1940, or any rule or regulation under any of these statutes, or (ii) the laws of the State in which the issuer maintains its principal place of business or any State in which this notice is filed.
•Certifying that, if the issuer is claiming a Rule 505 exemption, the issuer is not disqualified from relying on Rule 505 for one of the reasons stated in Rule 505(b)(2)(iii).
Each Issuer identified above has read this notice, knows the contents to be true, and has duly caused this notice to be signed on its behalf by the undersigned duly authorized person.
For signature, type in the signer's name or other letters or characters adopted or authorized as the signer's signature.
Issuer Signature Name of Signer Title Date
PALMAZ SCIENTIFIC INC /s/ Steven B. Solomon Steven B. Solomon CEO 2009-05-15
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
* This undertaking does not affect any limits Section 102(a) of the National Securities Markets Improvement Act of 1996 ("NSMIA") [Pub. L. No. 104-290, 110 Stat. 3416 (Oct. 11, 1996)] imposes on the ability of States to require information. As a result, if the securities that are the subject of this Form D are "covered securities" for purposes of NSMIA, whether in all instances or due to the nature of the offering that is the subject of this Form D, States cannot routinely require offering materials under this undertaking or otherwise and can require offering materials only to the extent NSMIA permits them to do so under NSMIA's preservation of their anti-fraud authority.
I'll sell mine at $1, lol.
Yes, I agree. I was told $10K, so we'll see.
Mark Jenkins, MD.
Dr. Mark Jenkins is an interventional cardiologist in Dallas, Texas; he is a previous fellow of Johns Hopkins School of Medicine where he conducted research on the stent program.
http://www.palmazscientific.com/management/advisory-board.php
Well, there he is...
"a founding board member for Palmaz Scientific"? Look for his name/credentials to be added to the website within the week.
That's understandable, but you assume that no one will sell their shares. Without a filing, this thing is in play. Now, the filing happens, things get interesting real quick.
After some interesting conversations with interested observers of CWDW this weekend, I have reason to believe we will see some very nice volume... tomorrow.
Hok,
I am curious. Other than just simply not wanting to go public, what reasons would Palmaz NOT want to go through CWDW? If all signs point in this direction of which the general consensus agrees, are there any legit reasons not to do so?
VC
I would love to know what it would take to get past this level of resistance...
Does anyone else's account show .03 PPS, last transaction 100 shares?
The real question is how SS is tied into this; the answer is in his history. R/M's are his specialty.
Other than seeing why this stock took off in the first place (the massive volume at the end of Sept.), I really like this chart perspective. I think it reveals the strength of the stock, the eventual rise in PPS, and an indication that stockholders are holding (other than the blatant seller we've seen for nearly a month).
It sure would be nice to know if SS has exercised...
http://www.linkedin.com/pub/david-xu/7/a97/8b6
David XuMedical Device R&D at Palmaz Scientific, Inc.
San Francisco Bay Area
Contact David Xu
Add David Xu to your network
Current Principal Engineer at Palmaz Scientific
Past Staff Engineer/Technical Program Manager at FormFactor
Applications Technologist at Litrex/ULVAC
Staff Applications Engineer at Timbre Technologies/Tokyo Electron
Staff Research Engineer at Lightwaves 2020
Sr. Process Engineer at Applied Materials
see less...
2 more...
Education University of California, Berkeley
University of California, Berkeley - Walter A. Haas School of Business
New Jersey Institute of Technology
Shanghai Jiao Tong University
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http://www.nitinol.com/company/contact-us/
Address: 47533 Westinghouse Drive, Fremont, CA 94539
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=23051486
Address: 47621 Westinghouse Drive, Fremont, CA 94539
http://www.palmazscientific.com/aboutus/locations.php
Address:47621 Westinghouse Drive, Fremont, CA 94539
http://www.biopatentlaw.com/ra_staff_pjl.htm
Address: 47621 Westinghouse Drive, Fremont, CA 94539
http://67.228.88.211/fremont_attorney_Paul-Lee-52420.html
Address: 47621 Westinghouse Drive, Fremont, CA 94539
http://apps.hct.ac.ae/fot2009/thinkerDetails.aspx?un=107&spkrName=%20Steven%20B.%20%20Solomon
"Mr. Solomon also served as Director, President and Chief Executive Officer of CT Holdings Enterprises, Inc. until the company’s merger with Xcorporeal Inc."
I would really like to know the status of CT Holdings Enterprises, Inc. All SEC records indicate that it does not exist and this bio says "served... until" the merger.
Hok, I know you still think that it does exist. I would like to see a little more discussion on this board in regards to CT Holdings.
I has been for a month. Only news will bring volume. So, just hang loose until then.
Hok, I bet .035 is still there.
Ok, I think our board is affecting MM's on bid and ask. Everytime someone comments, bid and ask changes.
Tell you what, raise the ask to .06 and I'll buy a bunch.
As soon as I posted my last post, it went back to .027/.04. I promise there is a hidden .035 on the ask and that someone is watching THIS board. Frankly, it could be one of us controlling the ask, lol.
This become so much more interesting with a small spread (.034/.035), but I could almost guarantee this thing still ends the day at .035. Whoever is at .035 has control. Fine with me. I'm long.
1. Level 3 is available to MM's. They can see all of the bids and asks. For instance, the general public has been able to see .04 ask when an ask at .035 was "hidden." MM's have more capabilities than the general public, which, in my opinion is an absolute scam. Free market; whatever.
2. When you bought your 10K shares, it does have an effect on the price. Why, when the pps didn't go up, you ask? Market dictates the price. If you stand in line at Footlocker, offer $20 for a $35 marked shoe, Footlocker has the right to deny the sale. What if 100 people wanted the same pair of shoes? Bring the price upt to $60. They also have the right to sell the pair for $10 next day. Market, market, market.
Now, when the MM sees a .02 on the bid, it decides to release 2,000 shares to the bidder, therefore bringing the overall pps down.
The real question to ask is, why? I think members of this board are holders and the MM's know it. DO NOT be surprised if this goes back below .01. Yes, I would be sad, initially, but there is always a reason. You, the small share holder, then are forced to make a decision. This is what the MM's want. The more volatility, the better for them.
The only advantage that small investors have is to remain principled and disciplined. The rest is all a game; a shell game at that, in this case.
Hope my perspective helps. I would love to hear other thought as well.
Think carefully: Who has Level 3?
Right out of the gate too.
This stock is being set up for something big. That is an MM selling to itself. Why? Shakedown. Why shakedown?
Can you provide a screen shot with the MM buys/sells for the day?
You could only get 100 at the ask? Hmmm...