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

To: TopCat who wrote (18943)11/21/2003 4:29:22 PM
From: telephonics  Read Replies (1) | Respond to of 19354
 
Not it is not Frank but rather that voting control of the company is vested in class C shares of which Dr. Damadian hods in excess of 99%. The shares you and I hold-common shares-carry no voting rights. That's is what Wall Street dislikes and the reason why the company stock gets no support from the financial markets and institutions.



To: TopCat who wrote (18943)11/21/2003 6:54:27 PM
From: FRANK ROSSI  Read Replies (2) | Respond to of 19354
 
TOP CAT,

If the co. had MAJOR CREDIBILITY problems WELL RESPECTED DR.s would not be shelling out $1.5 mill. for a machine FROM a co. with these problems .

Sale #59 and Install #23 this week .

More Sales and Installs coming . The more machines installed the More Service Contract Revenue coming in .


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