We were incorporated in Delaware in 1987 under the name Machida Incorporated ("Machida"). Since that time, we have acquired by merger Cyberex Corporation (October 1988), Vascu-Care, Inc. (March 1989), and we acquired Opielab, Inc. through a share exchange (September 1990). In December 1990, we changed our name to Vision Sciences, Inc. ("VSI") and Machida became wholly owned subsidiary.
When did the Company go public?
We became a public company in 1992.
Where is the Company traded?
We are traded on the NASDAQ.
What industry is the Company in?
We operate in two reportable segments: medical and industrial
Our medical segment designs, manufactures and sells our advanced line of endoscopy* based products for a variety of specialties, including our state-of-the-art flexible endoscopes, and our Slide-On EndoSheath technology ("Sheath" or "EndoSheath disposable").
* Endoscopy—the science of using an instrument, known as an endoscope—to provide minimally invasive access to areas not readily visible to the human eye.
Our industrial segment, through our wholly owned subsidiary, Machida, Inc., designs, manufactures and sells borescopes to a variety of users, primarily in the aircraft engine manufacturing and aircraft engine maintenance industries. A borescope is an instrument that uses optical fibers for the visual inspection of narrow cavities.
Does the Company pay dividends?
We have never paid cash dividends on our Common Stock, and we do not expect to pay any cash dividends on our Common Stock in the foreseeable future.
Who is the Company's transfer agent?
American Stock Transfer & Trust
6201 15th Avenue
Brooklyn, NY 11219
Tel: (718) 921-8210
What is a transfer agent?
A transfer agent and registrar for a publicly held company maintains records of every outstanding stock certificate and the name of the person who owns the shares. When stock changes hands, the transfer agent transfers the ownership of the stock from the seller's name to the buyer's name. The registrar reconciles all transfer records and makes sure that the number of shares debited is equal to the number of shares credited.
The transfer agent does not maintain records of shares bought and sold through brokerage accounts. Those records are maintained by the specific brokerages through which the shares are bought and sold.
Do you have another question that hasn't been answered?
Please submit your question using the form below. Fields marked with an * are required.
show all
hide all
