Strokes From The Master Artist's Brush, as I indicated ;) I sort of thought so when I posted about "The Artist Brush" here & on L & H ;) Then Tom posted his conversation with Dan, so perhaps this Painting is about to take Form. I think Frank got weary like I did reminding everyone that Fonar IS "BUILDING A COMPANY"................................. Here is Tom's post from L & H; ************************************************************* Message 2371 of 2384 Culver Call (news tomorrow) tom_dowd 08/25/1999 09:42 pm EDT
To all, Let me begin by saying there is news tomorrow. Dan was almost giddy with delight. We started talking and he asked for questions ,then he said ,wait a minute . I'll answer a few but I'd rather wait and call you back tomorrow after the release for your reaction. UNREAL!!] Anyway , In my sneaky way I couldn't let it go till tomorrow without trying to get more info. Something that has Dan this excited is worth the ole college try. Dan later said ,when I asked him if it was hard news that it was very, very, very, good news. At this point he asked about Markerman's post because someone had e-mailed him to read it. He read the post and said it was like a challenge and that fonar had to now prove they could do it. He stated very emphatically that "Dr. D will take that challenge!!!" He stated that this is the beginning. Dan also tried to hedge a little with the news is being prepared routine and that if something happened it would not be released Fri because they have decided against releases late in the week. He said it would be Monday. I told him I didn't think he could hold his water till monday and that he couldn't wait till Monday to call me. To make a point, at the end of the conversation i said talk to you tomorrow and he said right!! Before I get to the questions I have to add that Dan said his favorite release of all times was the supreme court ruling in 1997 on the GE verdict. He asked,"what would you say if I thought this was better?" Don't know what to say but? I told him if it as even close I'd be tickled ______!!!!!! I am putting this up now because I wanted eeryone to get this first. I will follow with the txt of the questions in about 20 minutes. Have fun, Strokes From The Master Artist's Brush, as I indicated ;) I sort of thought so when I posted about "The Artist Brush" here & on L & H. Then Tom posted his conversation with Dan, so perhaps this Painting is about to take Form. I think Frank got weary like I did reminding everyone that Fonar IS "BUILDING A COMPANY" Here is Tom's post from L & H; *************************************************************
Dan wanted me to dampen his enthusasim a bit because he said some people will say something negative about it. In all fairness I couldn't and most others who have talked with Dan couldn't disguise the upbeat feeling from Dan. Also b-4 the questions Dan wanted me to relate that he wasn't angry about the IB and PR calls but that with Gene away he saidAmelia had a few things wrong. He stated that Amelia does not handle the fonar account. He said the research report was in two parts; the analyst side and the history side. He was writing the history side and it is done. He then stated that thee PR firm and fonar will have a joint announcement when it is to be released and that for shareholders to get a copy it will be the end of Sept in conjunction with the earnings report.This was question # 7 so if ?I leave it blank you'll know why. Now to the anti-climatic part. The questions will be boring compared to the previous message.
1. I asked about setting up a private meeting with Dr D at RSNA(( for us that are going from this site. He said he will look into it and let me know.
2. Please confirm questions Dr D only gets a salary from fonar at present 10k shows all of this info Dr D is not recieving any renumerations directly or indirectly from fonar's present association with HMCA Anything else that wasn't listed under "related party transactions" would bring trouble from the SEC.
3. What % of scans are read by teleradiology? Don't know but will check. 4. How many scans do our centers average a day? Same answer as above but Dan then added that the research report goes into this type of info. cont'd *****************************************************************************
5. Asked if web site is done No I then said the reason we asked is the old fonar .com was down and Dan said the web site server company was bought out and the servers were moved to a new location. He stated they were actually in the back of a truck. He stated they knew this was going to happen but hadn't recieved a call b-4 it was moved. 6.Is new Texas quad up and runing and if so will we get some user input Said just to say no. Something going on here I think.
7. research report--earlier report 8. Have either of the European Health Ministers followed up? Dan stated he doesn't know and is not informed of the daily comunications of the sales force.
9. Is fonar in any way working on, or completed a scanner with a higher telsa rating than the quad 12000's .6T? Only WIPS are .6T He stated that fonar is exclusively working within a range of .35-.6T opens. Dan said he doesn't think there will ever be a 1.0 "OPEN" . He started talking of the reasons being due to heat but That's when I need Dr Fleck on the line to translate.
10.Does HMCA pay fonar face value for the quads or scanners? Financial accounting standards are followed.
11. When will you announce that fonar will upgrade all the MRI centers and ake them all up to date.? A release to that end will be written and released in it's time.
12. From the phanthom. He always gets a rise with his questions.
A. When does the ESOP kick in? no comment B. When is the name change going into effect? no comment ESOP--- Employee Stock ownership Plan Mr phantom, I couldn't resist and added my own question. How about a SSOP? Shareholder Stock Ownership Plan Told Dan to check into shareholders buying direct from the company to alleviate broker fees or on line fees. Even asked if we could get 15% off like some employee funds do. Also no coment Enjoy, Tom Dowd
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