Paradigm Medical Industries Inc. (PDMI)

[lakeshore555]

this is a hard link to find now that the R/S shareholder letter is posted on paradigm's website...

but you should read this shareholder letter from Davis dated January 25, 2011:

http://www.paradigm-medical.com/Library/Shareholders_Ltr_012511.pdf

when that letter came out, pre-split shareholders like me said "oh well, it's probably lost money now, but it probably won't go below .0001."

Then the split happened. Retail investors liek me couldn't sell yesterday and we couldn't sell at market open today either... but around 9:00 central, suddenly we had our shares. If you look at a candle chart, you can see what happened then.

I have no doubt that I can buy this all back at .005 next week. The question is, do I want to. The FDA asked for more info mid-2010, and CSO responded (see Sept. 17th PR). ... now the FDA asked for MORE info, and as of January 25th, CSO had not responded yet, and Davis's shareholder letter has a defeated tone.

They could easily go bankrupt before the FDA clears the RetiMax. I consider all pinksheets to be gambling, but, this volume is manufactured -- this is manipulation.

GLTA