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Microcap & Penny Stocks : Fonar - Where is it going? -- Ignore unavailable to you. Want to Upgrade?

To: Joe Lyddon who wrote (18815)	10/8/2003 1:14:22 PM
From: FRANK ROSSI	Read Replies (2) \| Respond to of 19354

Joe, Fonar does get down payments and also additional money as the machine is being build . My point on the 5 mill. shares is it HELPS to get the job done in a nice smooth fashion . The co. NOW has 15 mill. cash and Mark. Sec. AND 13 mill. in Accts Rec. with ONLY 1 mill. of LTD due this year . So to tell folks that Fonar is strapped for cash is NOT correct . This 5 mill. shares gives the co. Extra to help grow the business . MORE SALES AND INSTALLS ARE COMING A LOT MORE MORE REVENUE TO HMCA IS ALSO COMING WITH THE INSTALLATIONS OF BROOKLYN AND STATEN ISLAND . Remember in 1996 Fonars TOTAL REVENUE for the YEAR was 13 mill. It's now 53 mill.