Replies to post #12563 on Paradigm Medical Industries Inc. (PDMI)

[Zorro]

Always a chance for that. That's a good question for PDMI;)

[stervc]

ENJOY STRESS, about Dilution and any Reverse Split...

The PDMI CEO told me that he will definitely not be doing a reverse split. He told me that the one that was done back in 2008 was already put in place by the old management right before he had taken over the company. He said that he would have never done that to shareholders because it hurts the stock in the short and long run. It almost always decreases investor confidence when done within the penny stock market.

He also told me that he has no plans to dilute the stock at these levels and that when he does use shares in the future, it will be to further continue to grow the company from its existing levels. He told me that he expects for this to happen well after the company receives their FDA approval for the Retimax/Paramax. He sounded very confident and his goal is to receive financing without hurting the share structure. He sounded very aware of what needed to be done to grow PDMI and get it back on track.

Maybe I’m just easy, but he definitely convinced me.

v/r
Sterling