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Doktornolittle

08/03/15 9:28 AM

#10591 RE: Minotaur #10572

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.