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Microcap & Penny Stocks : POSC (Positron, Inc.) -- Ignore unavailable to you. Want to Upgrade?


To: Volsi Mimir who wrote (4)11/20/1999 7:10:00 PM
From: John R Resseger  Read Replies (1) | Respond to of 16
 
POSC makes PET Cameras.

Imatron Japan, 20% owned by IMAT has orders for Positron PET Cameras that cost $1.5M each. POSC was broke. IMAT loaned POSC $700,000 and helped them restucture and get working capital through a stock issue. IMAT got there $700,000 back and 9M shares of POSC which is worth $5M today. Preaty sweet huh!

I originally thought POSC's PET unit was better than GE's and the other guy's. Now I'm not sure. Stock is pretty rich here.

LOOK at MRKR Read the 8K and 10Q. A real bargain. More so if it snows