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db7

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db7

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Re: db7 post# 23

Wednesday, 02/20/2008 3:14:29 PM

Wednesday, February 20, 2008 3:14:29 PM

Post# of 37
President & CEO
Chapter 11 Debtor

Premier Laser Systems, Inc.

Problems:

Operations Ceased/Board resigned

Valuable IP aging/losing value

Goals:

Sell remaining intellectual property

Sue patent infringers

Maximize recovery for creditors

Results:

Claims reduced: $20 to $6 million

Dental Intellectual Property sold

Patent infringment suits paid off

Creditors paid in full, interest pending

Mosier & Company, Inc.

-------------------------------------------------------------------

All posts are strictly my opinion and are not buy or sell recommendations.

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