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Thursday, 06/01/2006 10:25:06 AM

Thursday, June 01, 2006 10:25:06 AM

Post# of 689
The farce has now moved to phase 2.


FONAR PRESIDENT RAYMOND DAMADIAN
BUYS COMPANY STOCK FOR THE THIRD TIME IN 2006

MELVILLE, NEW YORK, June 1, 2006 - FONAR Corporation
(NASDAQ-FONR), The Inventor of MR Scanning(TM), today
announced that Raymond Damadian, M.D., president and
chairman of the Company purchased 116,279 shares of
FONAR stock in the open market on May 30, 2006. This is
the second time in less than 30 days and the third time
this year that Dr. Damadian has made open market
purchases of FONAR Corporation common stock. The
purchase brings Dr. Damadian's total ownership to
2,795,053 shares. An added significance is that he has
not sold a share in about fifteen years. The purchases
were made pursuant to the Company's corporate governance
guidelines for insider stock purchases.


Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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