Paradigm made this crazy claim a while back that they would be looking into new products... That is, the new CEO (Vinny) would be trying to add new products. Since then, Paradigm has been named as main US distributor for SamYoung Tech of their metal/radiation detection systems. This has been verified by at least two independent investors. Then there is the Stealth Sensor that so many negative posters dismiss with ZERO proof to say that it's not coming. If the Stealth Sensor is delayed or is not coming then Paradigm needs to speak to that issue SOON. We know that paradigm has a pre-order form a US Army unit for the Stealth Sensor... If Paradigm lied about that it's a federal offense. I doubt Paradigm lied.
This was proven true:
"Paradigm Tactical Products Files 5 Million Dollar Lawsuit Against ACG, Inc."
You can believe that they will make quarterly reports of O/S and we'll know soon if they follow through with more pertinent financial data:
"The accurate disclosure of pertinent financial information is essential for investors to make informed decisions about the valuation of a company. Paradigm Tactical Products will begin disclosure of pertinent information starting in the second quarter of 2008. This will begin with the quarterly reporting of outstanding shares and capitalization structure on the Pinksheets.com web site. The company intends to expand this reporting by year end to include an Income Statement and a Balance Sheet. The company will continue to provide timely release of material news as it occurs."
"We believe, based on completed sales and anticipated orders, that the company will have a net income of approximately $200,000 for the fiscal year ending December 31st, 2008."
Chew on that :)
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