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Fonar Corp. Message Board

  • fruitsupplier01 fruitsupplier01 Oct 10, 2012 12:07 PM Flag

    Is HMCA revenue now controlled by FONAR or still controlled by Dr. and Tim Damadian?

    1/2 the revenue of the company used to be counted separately but now "appears" to be counted in the total revenue by FONAR. It would be good to know exactly how FONAR counts the revenue of these centers. Do they have complete ownership of the HMCA scanning centers or is it a franchise setup. Does the revenue flow into the company or is it a looser connection.

    I have not followed this stock for a while and this was always a point of contention. Thanks for any info. you have on this.

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