Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

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
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(Print or Type Responses)
1. Name and Address of Reporting Person *
NORRIS ELWOOD G
  2. Issuer Name and Ticker or Trading Symbol
Parametric Sound Corp [none]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President and CEO
(Last)
(First)
(Middle)
1941 RAMROD AVENUE, #100
3. Date of Earliest Transaction (Month/Day/Year)
09/27/2010
(Street)

HENDERSON, NV 89014
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
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 09/27/2010   A   128,598 (1) A $ 0 (1) 128,598 D  
Common Stock 09/27/2010   A   1,834,217 (1) A $ 0 (1) 1,834,217 I by family trust
Common Stock 09/27/2010   A   22,498 (1) A $ 0 (1) 22,498 I by personal investment company

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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 V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrant (right to buy) $ 0.1 (2) 09/28/2010   A   200,000   09/28/2010 09/28/2015 Common Stock 200,000 $ 0 200,000 I by personal investment company
Warrant (right to buy) $ 0.1 (2) 09/28/2010   A   338,000 (3)   09/28/2010 09/28/2015 Common Stock 338,000 $ 0 338,000 I by Syzygy Licensing LLC

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
NORRIS ELWOOD G
1941 RAMROD AVENUE, #100
HENDERSON, NV 89014
  X   X   President and CEO  

Signatures

 /s/ James A Barnes as attorney in fact for Elwood G Norris   09/29/2010
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Securities result from pro rata distribution on September 27, 2010 of 100% of the Issuer's common stock in connection with the spin-off of the Issuer by LRAD Corporation. No value is assigned for the tax free dividend spin-off shares.
(2) Warrants are exercisable at an exercise price based on the average closing price of the Issuer for the first 20 days of trading on the OTCBB but not less than $0.10 per share nor more than $0.30 per share.
(3) Syzygy acquired 520,000 warrants in a purchase of notes and warrants from the Issuer approved by the Board of Directors and on the same terms as unaffiliated investors. Mr. Norris indirect pecuniary interest in the warrants held by Syzygy is 338,000.

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