Fonar Corp (FONR)

[Telephonics]

Now that the reverse split is on the books what's next. Delisting is now not an immediate threat. Company needs cash to cointinue operating. In the very poor reimbursement arena which scanning plays a role sales will become harder to finalize-even with the new advertising campaign. Damadian can go for another private placement and failing the success of this he gould resort to death spiral financing. Either route will be another disaster for shareholders since their equity positions will again pay the bill.