Positron Corporation (POSC)

[Physics309]

It turns out my accountant was just fine. The company's 10k filed on November 16 states,

The Company experienced a net loss of $9,364,000 for the nine months ended September 30, 2010 compared to a net loss of $2,864,000 for the nine months ended September 30, 2009. The increase in the current nine month period as compared to the same period last year is attributed primarily to stock based compensation charges, including significant amounts of stock issued for consulting services.

http://ih.advfn.com/p.php?pid=nmona&article=45255748


In other words, they are paying their bills with stock. As it turns out, my concerns were valid and my accountant was correct. It may be that you are OK with this policy, or maybe not. Either way, this is the kind of information needed to make an informed decision regarding an investment in this company. Quite frankly, your comment indicates a lack of due diligence on your part.