Monday, December 08, 2008 2:09:05 PM
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
Time will tell, always does
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