Ladenburg Thalmann & Co. Inc. 590 Madison Avenue New York, N.Y. 10022 August 9, 2005 Securities and Exchange Commission Division of Corporate Finance 100 F. Street, N.E. Washington, D.C. 20549 Re: Electro-Optical Sciences, Inc. (the "Company") Registration Statement on Form S- 1 (Reg. No. 333-125517) ---------------------------------- Ladies and Gentlemen: In accordance with Rule 461 of the General Rules and Regulations under the Securities Act of 1933, as amended (the "Act"), we hereby join with the Company to request that the effective date for the Registration Statement referred to above be accelerated to 4:30 p.m., (New York time) on August 9, 2005 or as soon as practicable thereafter. In connection with Rule 460 of the Act, please be advised that, during the period from July 15, 2005 to August 5, 2005, we have effected the following distribution of copies of the Preliminary Prospectus dated July 15, 2005: Number of prospectuses distributed to institutions 1975 Number of prospectuses distributed to individuals 7150 Number of prospectuses distributed to underwriters 600 ----------- Total 9125 Also in connection with Rule 460 of the Act, please be advised that, during the period from August 8, 2005 to the date of this letter, we have effected the following distribution of copies of a revised Preliminary Prospectus dated August 8, 2005: Number of prospectuses distributed to institutions 1200 Number of prospectuses distributed to individuals 2050 Number of prospectuses distributed to underwriters 600 ---------- Total 3250 The undersigned has and will, and each participating underwriter and dealer has advised the undersigned that it has and will, comply with the provisions of SEC Release No. 33-4968 of the Act and Rule 15c2-8 of the Securities Exchange Act of 1934, as amended in connection with the above-referenced issue. Very truly yours, LADENBURG THALMANN & CO. INC. STANFORD GROUP COMPANY By: LADENBURG THALMANN & CO. INC. By: /s/ Salvatore Giardina ------------------------------ Name: Salvatore Giardina Title: Executive Vice President & Chief Financial Officer 2