ohne Nachricht weit über 50 Millionen Stück liegt ode wenn es zu massiven Insiderkäufe kommen sollte!
Alles andere ist nur ein Vorspiel ohne genau zu wissen was wirklich abgeht.
#83 Danke für diese wirklich sehr wichtig Nachricht die mich wirklich sehr optimistisch in die Zukunft schauen läßt!
Press Release Source: Paradigm Medical Industries, Inc.
Paradigm Medical Industries Reports 2005 Results, Sees 'Dramatic' Improvement This Year
Tuesday May 2, 1:01 pm ET
SALT LAKE CITY--(BUSINESS WIRE)--May 2, 2006--Paradigm Medical Industries, Inc. (OTCBB: PMED.OB/PMEDW.OB) reported revenues for the year ended December 31, 2005 showed a decrease of $900,000, compared with the year-ago period. The Company noted that the drop in revenue is largely attributable to the unexpected delays experienced in launching the next generation Ultrasound BioMicroscope (UMB), the P60.
"Last year was a transitory one for the Company. Our expectations were greater than what we were able to achieve," said Paradigm Medical's President and Chief Executive Officer, Raymond Cannefax. "Nonetheless, there were a number of favorable developments that are expected to bear fruit in 2006 and beyond, most notably the continued acceptance of our next-generation P60 UBM, and the introduction of our redesigned ultrasound product line."
Mr. Cannefax continued, "2006 has already generated several critical positive changes for the Company, which we believe will result in a dramatic improvement in our financial results for this year and beyond. Specifically:
A new management team has been put in place. We will continue to round it out during the balance of the year.
The Company has received Canadian regulatory approval for the P60. This follows regulatory approvals for the product last year in the United States, Western European countries and some parts of the Pacific Rim. We will capitalize on this global high-tech eye-care opportunity rapidly.
Paradigm Medical recently completed a $1.5-million financing that will provide adequate funds to expand global sales and marketing programs for our high-margin product portfolio.
The Company has consolidated its warehouse, production, and office facility into a more efficient and cost-effective space.
International distributor agreements are being reviewed and new distributors are eager to market Paradigm Medical's products in countries where there has been limited or no product distribution in the recent past.
The Company is exploring collaborations with leading global firms that have ultrasound research and development and production capabilities, to help develop new products that will be marketed globally by Paradigm Medical. Several of these products were well received at the AAO Conference held in March 2006.
Paradigm Medical is evaluating additional end-use market opportunities for its ultrasound products in ophthalmology."
"We are placing even greater emphasis on reducing our operating expenses and maintaining adequate inventory to meet expected demand four our products," Mr. Cannefax added. "The Company has adopted the slogan 'Continuous Improvements,' and is doing exactly that--continuously improving every aspect of our operations as well as our products."
Paradigm Medical Industries, Inc., currently develops, manufactures and markets high-tech, proprietary diagnostic equipment and consumable products for the medical industry. The Company's corporate offices are located at 2355 South 1070 West, Salt Lake City, Utah 84119. Call (801) 977-8970 or visit us at www.paradigm-medical.com.
This press release contains statements that, if not verifiable historic fact, may be viewed as forward-looking statements that could predict future events and outcomes with respect to Paradigm and its business. The predictions embodied in these statements will involve risk and uncertainties and, accordingly, actual results may differ significantly from the results discussed or implied in such forward-looking statements.
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