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Fonar Corp FONR

FONAR Corporation is engaged in the business of designing, manufacturing, selling and servicing magnetic resonance imaging scanners, MRI, which utilize MRI technology for the detection and diagnosis of human disease, abnormalities, other medical conditions and injuries. The Company conducts its business in two segments. The medical equipment segment is conducted directly through FONAR. The physician management and diagnostic services segment is conducted through its subsidiary Health Management Corporation of America (HMCA). HMCA provides management services, administrative services, billing and collection services, credentialing services, contract negotiations, compliance consulting, purchasing, information technology (IT) services, hiring, conducting interviews and managing personnel, storage of medical records, office space, equipment, repair, maintenance service, and clerical and other non-medical personnel to medical providers engaged in diagnostic imaging.


NDAQ:FONR - Post by User

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Post by Darrow100on Jul 19, 2016 3:28pm
160 Views
Post# 25066338

Shoutout

ShoutoutJust a shoutout to the gentleman I met in the hospital waiting room in Ottawa, Canada, back in May who, after we had exchanged some pleasentaries regarding our interest in the markets mentioned to me that I should look at Fonar, a US company. It was trading at 14.42 at that time - thanks it has had a real nice run.
At the time I mentioned a small Cdn company TOS3 Inc that trades on the TSX [TOS] that I had shares in and suggested he take a look. It also is in the health care field, has FDA approval for it's sterilization process and today announced it is in the process of entering the European health care field and the stock is up nicely since we talked.
Thought he might remember our conversation if he is on this board and if so thanks again.
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