Paradigm Medical Industries Inc. (PDMI)

[KathyDoll]

Have you seen their Annual report or 10K? It is huge.
I have never seen this much information in any other penny stock.
So just imagine how much time and money it costs to prepare and file these reports.

"The Company's Board of Directors made this decision to voluntarily deregister the Company's common stock based on several factors, including the costs of preparing and filing periodic reports with the SEC, and the elimination of the substantial legal, audit
, and other costs associated with being a reporting company. The Board of Directors determined that the increasing financial costs and commitment of management's time to ongoing SEC reporting and complying with the many new regulations that have been adopted is not justified in the Company's circumstances. The Board of Directors believes that freeing up these resources will create value for the Company's shareholders by allowing management to better prepare and execute strategic plans, and improve the Company's long-term financial strength. "


This company has been established since October 1989. Wow! :)
20+ years doing same business. The business never changed.
The company has 16 full time employees.

Many FDA approved products.
Product List: http://www.paradigm-medical.com/web/index.php?option=com_virtuemart&page=shop.browse&category_id=0&keyword=&manufacturer_id=0&Itemid=40&orderby=product_sku&limit=50&limitstart=0

Par value is $0.001 with 1.4B AS.

IMO this is a value long term stock and I think this stock will do great in the next month.




KD