Paradigm Medical Industries Inc. (PDMI)

[Longdriver98]

voitsi - Good find; it lines up to the language in the 10Q. I also recall that they would be locked up for 2 years and depending upon the share price, they could convert debt to common stock with no limit based upon the share price at the time.

That lock up period is over, and it also lines up with the approval by the major shareholders (which happen to be the ones mentioned in you P.R.) to increase the A/S to 1.2BB.

I believe that there are ownership restrictions up to 4.9% of total outstanding.

2008 will be a very crucial year for common shareholders in this company.