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Microcap & Penny Stocks : Fonar - Where is it going?
FONR 18.600.0%Jan 13 3:59 PM EST

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To: Robert C. Petersen who wrote (10472)7/15/1998 4:22:00 PM
From: FRANK ROSSI  Read Replies (2) of 19354
 
HI DAVE , ROBERT AND ALL,

Just guessing here on settlement. Some posts are saying since the price of the stock is so low MAYBE we didn't get all that much . We don't know what we have . We will see on the 10 K . Just stirring the pot a little . A co. can go in many different directions when a settlement is being worked out . We could take all cash , work out a joint venture , do cross lic. and so on.

In my opinion the co. is moving along fine . We are still bringing in money thru suits or settlements . We are taking that money and buying new profitable businesses . We are also putting some money in R&D . We are buying back stock. We have hired a good PR FIRM only a couple of weeks ago. Expanded the manufacturing plant .

You still have 3 co.'s looking to settle up . And once the Quad is done we WILL get sales.

PATIENCE IS STILL THE KEY

YOUR THOUGHTS

FRANK
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