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Fonar Corp FONR

FONAR Corporation is engaged in the research, development, production and marketing of medical scanning equipment, which uses principles of Magnetic Resonance Imaging (MRI) for the detection and diagnosis of human diseases. The Company conducts its business in two segments: medical equipment, and physician management and diagnostic services. Its medical equipment segment is conducted directly through the Company. Its physician management and diagnostic services segment is conducted through its subsidiary, Health Management Corporation of America (HMCA). Its signature product is the FONAR UPRIGHT Multi-Position MRI (STAND-UP MRI). HMCA provides management services, administrative services, billing and collection services, compliance consulting, purchasing, information technology (IT) services, repair, maintenance service, and clerical and other non-medical personnel to medical providers engaged in diagnostic imaging. HMCA owns and operates six diagnostic imaging facilities in Florida.


NDAQ:FONR - Post by User

Bullboard Posts
Post by swingtime2on Nov 30, 2006 2:08pm
417 Views
Post# 11780344

Press Releases

Press ReleasesA good string of press releases are beginning to create some decent volume and an uptick in the share price. Fonar's patents must be worth more than the current price alone. However, a long way to go to clear the Nasdaq minimum requirement problem. I think they may go a reverse split.
Bullboard Posts