Not watching PDMI (.0021) anymore. It is off of the $heff $tation Certified list. Even Pfizer only has an O/S of only 8 billion and A/S of 10. This crushes any chance at shareholder value IMO even if they obtain FDA approval of the Paramax and other med devices.
PDMI - A/S increase. From shareholder letter at company website:
"“Paradigm held a special shareholders meeting on December 18, 2009 at its new facility. The purpose of the meeting was to present the results of the shareholders proxy votes on two proposals presented and supported by the Paradigm Board of Directors. The first proposal was to change the par value from .001/share to .0001/share. Shareholders approved this proposal. The second was to increase the outstanding shares from 1.4 Billion shares to 28 Billion shares. This proposal was also approved by the shareholders. The shareholders approval will allow Paradigm to move ahead with its plans to secure additional funding to allow it to take full advantage of its new growth opportunities.”
Message in reply to:
Hey $heff, are you still watching PDMI at all? Back to the price it was at before that monster run a few months back.
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