Paradigm Medical Industries Inc. (PDMI)

[KnightQB7]

Yeah, can't remember where I read it but I knew they were moving to smaller facilities to reduce cost.

I truly do beleive there are no FDA approvals in the near future. They've changed the share structure as a survival tactic.

I was once hired by a company to secure their assets, negotiate & barter oustanding receivables, and prepare the company for either sale or bankruptsy. I was lucky and able to find a buyer before time ran out.

This has all the same elements.

This board has a couple (perhaps to overly dedicated) cheerleaders and might be good for one more pump & dump. Unfortunately the cheerleaders have nothing but hype & hope to give to any potential buyers. Management will not be steping up to the plate anytime soon unless they are forced to by SEC regulations. (I don't suspect news to be anything good) So perhaps no news is better news. At least shareholders can maintain the hype & hope!

Unfortunately these kind of cheerleaders are dangerous because they will leave bagholders in their wake, even with good intentions. There are far to many other better places for folks to risk their money where bagholders are not a necessity IMO.