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Re: Minotaur post# 10572

Monday, 08/03/2015 9:28:26 AM

Monday, August 03, 2015 9:28:26 AM

Post# of 470471
No, FONAR was a direct competitor. Rumor was that the FONAR co president was in tight with Regan, so got some kind of bennies. Don't remember what benefits. Won't say who I worked for here, but I will say that they started to die when denied export tax credit for contracts with China. That was Carter administration however. I think they bid super low to get the contracts with China, counting on that tax credit. When denied, they were in a bad situation. The beginning of the end. They died two years after I left. Sold themselves to GE for $1M.
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