Form 4 Indick Murray A For: Aug 28 (10K)

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:		3235-0287
Expires:	February 28, 2011
Estimated average burden
hours per response		0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Prides Capital Partners, LLC

(Last)

(First)

(Middle)

200 HIGH STREET, SUITE 700

(Street)

BOSTON

02110

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
HEALTHTRONICS, INC. [HTRN]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/28/2008

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
COMMON STOCK, no par value	08/28/2008		S		31,311	D	$ 4.5	5,418,997	I	See Footnote ⁽¹⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

1. Name and Address of Reporting Person^*

Prides Capital Partners, LLC

(Last)

(First)

(Middle)

200 HIGH STREET, SUITE 700

(Street)

BOSTON

02110

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Richardson Kevin A II

(Last)

(First)

(Middle)

200 HIGH STREET, SUITE 700

(Street)

BOSTON

02110

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Indick Murray A

(Last)

(First)

(Middle)

200 HIGH STREET, SUITE 700

(Street)

BOSTON

02110

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Lawlor Henry J Jr

(Last)

(First)

(Middle)

200 HIGH STREET, SUITE 700

(Street)

BOSTON

02110

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

McCarthy Charles E

(Last)

(First)

(Middle)

200 HIGH STREET, SUITE 700

(Street)

BOSTON

02110

(City)

(State)

(Zip)

Explanation of Responses:
1. The shares of Common Stock reported herein as indirectly beneficially owned by Prides Capital Partners, L.L.C. are owned directly by Prides Capital Fund I, L.P. (5,418,997 shares of common stock). Because Prides Capital Partners, L.L.C. is the general partner of Prides Capital Fund I, L.P., Prides Capital Partners, L.L.C. may be deemed to be the beneficial owner of shares owned by such entity. Because Kevin A. Richardson, II, Murray A. Indick, Henry J. Lawlor, Jr. and Charles E. McCarthy are the controlling shareholders of Prides Capital Partners, L.L.C., they may be deemed to be the beneficial owners of shares deemed to be beneficially owned by such entity. Each of Prides Capital Partners, L.L.C., Prides Capital Fund I, L.P, Kevin A. Richardson, II, Murray A. Indick, Henry J. Lawlor, Jr. and Charles E. McCarthy disclaim beneficial ownership of these shares, except to the extent of any pecuniary interest therein.
Remarks: Kevin A.Richardson, II has been deputized by Prides Capital Partners, L.L.C to serve on the Issuer's board of directors, and therefore Prides Capital Partners, L.L.C. too is a director of the Issuer for purposes of Section 16 of the Securities Exchange Act of 1934.

	Prides Capital Partners, LLC	08/29/2008
	Kevin A. Richardson, II	08/29/2008
	Murray A. Indick	08/29/2008
	Henry J. Lawlor, Jr.	08/29/2008
	Charles E. McCarthy	08/29/2008
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

EX-99.01

PRIDES CAPITAL PARTNERS, L

PRIDES CAPITAL PARTNERS, L.L.C. (AND ITS AFFLIATES)

LIMITED POWER OF ATTORNEY FOR REPORTING UNDER SECTION 16(a) OF THE

SECURITIES EXCHANGE ACT OF 1934, AS AMENDED

Know all by these presents, that the undersigned hereby constitutes

and appoints Murray A. Indick, signing singly, the undersigned's

true and lawful attorney-in-fact to:

(1) execute for and on behalf of the undersigned, in the

undersigned's capacity as director of any companies where Prides Capital Partners, L.L.C. or any of its affiliates have a

portfolio company investment, Form 144, 3, 4, 5 and any Schedules 13D or 13G in accordance with Section 16(a) of the Securities Exchange Act of 1934, as amended, and the rules thereunder;

(2) do and perform any and all acts for and on behalf of

the undersigned which may be necessary or desirable to complete

and execute any such Form 144, 3, 4, 5 and any Schedules 13D or 13G, complete and execute any amendment or amendments thereto, and timely file any such form with the United States Securities and Exchange Commission and any stock exchange or similar authority, including completing and executing a Uniform Application for Access Codes to File on Edgar on Form ID; and

(3) take any other action of any type whatsoever in connection

with the foregoing which, in the opinion of such attorney-in-fact,

may be of benefit to, in the best interest of, or legally required by,

the undersigned, it being understood that the documents executed by

such attorney-in-fact on behalf of the undersigned pursuant to this

Power of Attorney shall be in such form and shall contain such terms

and conditions as such attorney-in-fact may approve in such attorney-

in-fact's discretion.

The undersigned hereby grants to each attorney-in-fact full power

and authority to do and perform any and every act and thing whatsoever

requisite, necessary, or proper to be done in the exercise of any of

the rights and powers herein granted, as fully to all intents and

purposes as the undersigned might or could do if personally present,

with full power of substitution or revocation, hereby ratifying and

confirming all that such attorney-in-fact, or such attorney-in-fact's

substitute or substitutes, shall lawfully do or cause to be done by

virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, any of the undersigned's responsibilities to comply

with Section 16 of the Securities Exchange Act of 1934.

This Power of Attorney shall remain in full force and effect until

the undersigned is no longer required to file Form 144, 3, 4, 5 and any Schedules 13D or 13G in any of Prides Capital Partners, L.L.C. portfolio companies, the undersigned is no longer employed by Prides Capital Partners, L.L.C., or unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorney-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of

Attorney to be executed as of this 21st day of June, 2004.

/s/ Kevin A. Richardson, II

---------------------------

Signature

Kevin A. Richardson, II

Print Name

EX-99.02

POWER OF ATTORNEY POWER OF ATTORNEY

KNOW ALL BY THESE PRESENTS that the undersigned hereby appoints Murray A Indick, with full power of substitution, as my attorney-in-fact, to act in my name, place and stead in any way which I myself could do, if I were personally present, and to take all actions that she or he may deem necessary or appropriate in connection with the completion, execution and filing with the Securities and Exchange Commission, in my name and on my behalf, of a Form ID and any subsequent filings, submissions or correspondence relating thereto, and also to complete, execute and file with the Securities and Exchange Commission, in my name and on my behalf, any Forms 144, 3, 4 or 5 and any Schedules 13D or 13G (collectively, the "Forms") with respect to the undersigned's holdings of and transactions in securities that require such filings. The foregoing attorney-in-fact also is authorized to file Forms with any stock exchange or other authority where such filing is required.

The undersigned acknowledges that the foregoing attorney-in-fact, in serving in such capacity at the request of the undersigned, is not assuming, any of the undersigned's responsibilities to comply with the securities laws of the United States.

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms with respect to the undersigned's holdings of and transactions in securities, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorney-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 1st day of June, 2004.

/s/ Henry J. Lawlor, Jr.

EX-99.03

POWER OF ATTORNEY POWER OF ATTORNEY

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 1st day of June, 2004.

/s/ Charles E. McCarthy

EX-99.04

EXHIBIT 99

Joint Filer Information

Designated Filer: Prides Capital Partners, L.L.C.

Statement for Month/Day/Year: August 28, 2008

Issuer & Symbol: Healthtronics, Inc. (HTRN)

Address of each Reporting Person for this Form 4:

200 High Street, Suite 700, Boston MA 02110

Relationship to Issuer of each Reporting Person: 10% Owner

Signatures

After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

August 29, 2008

Prides Capital Partners, L.L.C.

By: /s/ Murray A. Indick

------------------------

Murray A. Indick

Managing Member

Kevin A. Richardson, II

/s/ Murray A. Indick By: /s/ Murray A. Indick

------------------------ ------------------------

Murray A. Indick Murray A. Indick

Attorney-in-Fact

Henry J. Lawlor, Jr. Charles E. McCarthy

By: /s/ Murray A. Indick By: /s/ Murray A. Indick

------------------------ ------------------------

Murray A. Indick Murray A. Indick

Attorney-in-Fact Attorney-in-Fact

Add to Delicious

Digg It

Send by Email

View Comments (0)

Post Comment

Related Symbols
HTRN		Rating	Overview	Ratios	Competitors	Earnings Estimates	Sales Estimates	Analyst Ratings	Technicals	Related Stories	Chart

Fundamental data is provided by Zacks Investment Research and market data is provided by AlphaTrade.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respected bloggers' website.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.