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Reply With QuoteI just jumped in for the run up... Will probably be in only for a short time but I think this run is only getting started
PDMI - Paradigm Medical Industries Inc
Did anyone get in on PDMI? It looks promising, any thoughts?
Last edited by DogDayTrader; 10-14-2009 at 05:27 PM. Reason: Added chart
I just jumped in for the run up... Will probably be in only for a short time but I think this run is only getting started
This is gettin ready for another run IMO. I see great buying pressure! I dont think .03-.05 is out of the picture in the near future
I'm enjoying the run up right now..... trying not to be too greedy! This company has great potential.
pdmi
what is going on with this stock
Paradigm Medical Announces Plans to Release Its New Corneal Topographer, the Paravue, in the United States MarketOriginally Posted by mitwabi
Market Wire, June, 2009
Paradigm Medical Industries, Inc. (OTCBB: PDMI) announced today that the Company will soon begin to introduce the first of its four new ophthalmic diagnostic devices, the Paravue, during the remainder of 2009. The Paravue is a sophisticated topographer utilizing Placido Disk Technology and an advanced software to provide accurate and detailed analysis of the anterior corneal surface.
Corneal topography -- also known as videokeratography or corneal mapping -- represents a significant advance in the measurement of the corneal curvature. Most corneal topographers evaluate 8,000 to 10,000 specific points across the entire corneal surface. By contrast, the Paravue processes more than 100,000 points. It also offers corneal wave front analysis with 2, 3 or 4 maps available for comparison.
The Paravue provides both a qualitative and quantitative evaluation of corneal curvature. It does so by utilizing a big placido disk with 24 concentric rings, which project onto the cornea to create a virtual image. The device compares this image to the target size, and the computer then calculates the corneal curvature. Advanced features including advanced rings editing, variable scales, refractive power map and more make the Paravue a valuable tool in the optometric and ophthalmic clinics.
"The addition of the Paravue to our existing ophthalmic product line fills an important segment that was missing," said Paradigm Medical President, Stephen Davis. "We are excited to offer not just another topographer, but one with many impressive features and incredibly friendly software that provides ease of use, flexible mapping and accuracy."
About Paradigm Medical Industries, Inc.
Headquartered in Salt Lake City, UT, Paradigm Medical Industries, Inc. is a medical device company that develops, manufactures and distributes cutting edge, new innovative products in the diagnostic ultrasound and early glaucoma detection markets. Paradigm has the only patented technology utilizing photon laser for cataract removal. The Company is poised to capture a niche market within the Glaucoma and ultrasound microscopy fields. Paradigm Medical Industries markets its products to ophthalmologists, optometrists, universities, and clinics throughout the United States, as well as internationally.
Contact: Paradigm Medical Industries, Inc. Stephen Davis President 801-977-8970 Paradigm Medical - Home
Paradigm Medical Announces Plans to Release Its New Corneal Topographer, the Paravue, in the United States Market | Market Wire | Find Articles at BNET
They are also seeking for their blood flow analyzer CPT code to be upgraded:
SOURCE: Paradigm Medical Industries, Inc.
May 26, 2009 13:48 ET
Paradigm Medical Announces Plans to Release Its New Corneal Topographer, the Paravue, in the United States Market | Market Wire | Find Articles at BNET
Paradigm Medical Industries
SALT LAKE CITY, UT--(Marketwire - May 26, 2009) - Paradigm Medical Industries, Inc. (OTCBB: PDMI) announced today that the Company plans to begin the important process of upgrading its CPT code (0189T) for its Blood Flow Analyzer from the American Medical Association from an investigational level (Class III) to one that will enable public and private medical centers to be reimbursed by their regional medical insurance companies for testing patients using the Blood Flow Analyzer. The Blood Flow Analyzer is used to detect glaucoma and aid in managing the disease.
Current Procedural Terminology (CPT) coding is a standard, universal code that is applied to medical procedures and services for the purpose of patient records. CPT is to provide a uniform language that accurately describes medical, surgical, and diagnostic services, and thereby serves as an effective means for reliable nationwide communication among physicians, and other healthcare providers, patients and third parties. Receiving a reimbursable CPT Code will be an important step towards the Blood Flow Analyzer's acceptance as a standard diagnostic instrument in early detection of glaucoma in patients.
"We are confident that by taking the next important clinical steps to complete the process of upgrading this CPT code to a reimbursable level, both public and private payers will be encouraged to reimburse physicians for utilizing the Blood Flow Analyzer," said Paradigm Medical President Stephen Davis. "Moving the Blood Flow Analyzer from an investigational level to an acceptable diagnostic procedure will benefit patients and physicians alike by offering earlier glaucoma diagnosis and treatment."
Paradigm Medical Industries Plans to Begin Clinical Work to Upgrade Its CPT Code for Its Blood Flow Analyzer From an Investigational to a Reimbursable Level
Share Structure:
A/S :1.4 Billion
O/S: 519 Million as of May 14th 2009
Filed as of March 31st of 2009
PARADIGM MEDICAL INDUSTRIES INC (Form: 10-Q/A, Received: 08/05/2009 17:27:12)
I Jumped in at .0041 with a nice chunk of shares
Nice article here too
A Renewed Sense of Optimism in Paradigm Medical (OTC:PDMI.PK) |
I got in at .0047 for quite a few shares. Thought about it yesterday but had to do DD. I believe once the paravue pr comes out this will go straight up.
.01
Up as high as .0088 today, what say .01 tomorrow!
Here is a great video of the TA for PDMI
YouTube - Penny Stock Movers For The week : HDVY PDMI NPHC IMGG EPIX SNDY ELTP
As soon as we get the golden cross in a week or so we will really take off. Until then it is consolidation time IMO...
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