Fonar board authorizes 1-to-25 reverse stock split
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#1 Apr 17, 2007
Their share price is low mainly due to nepotism and poor management. Until those issues change, this company will remain a poor investment.
#2 Apr 17, 2007
The share price will not move with that much stock outstanding. This is a good first step. A government can not just print money and have it maintain its value. The same goes for a company that prints stock with executive stock and options plans. That is why this company has traded for change.
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