Jul. 10 at 12:53 PM
$FONR As long as you disclose publicly and file the right SEC forms, and do not lie, you can steal property. What is a key part of Buffet's mantra - a share is piece of a company.
Everything is perfectly legal and completely above board when
- Timothy Damadian, chairman and CEO of FONAR
- certain BOD members, e.g., new member, as of 7/2/25, hedgie "Mr. Carrino is a partner at CFGI, LLC in New York City, where he leads the firm’s SPAC practice." - https://www.sec.gov/Archives/edgar/data/355019/000035501925000039/fonar_exhibit-99.htm
- other co-conspirators in the management team (CFO? legal console?, Directors like heads Marketing and Sales, manufacturing,)
send a letter to the "Company."
Another Kafkaesque feature of corporate law, like the Citizens United vs FEC SCOTUS ruling, companies are people too:
Presumably Timothy Damadian, chairman and CEO of FONAR writes a letter, mails it, addressed to himself, chairman and CEO of FONAR, informs the rest of the Company, and he then has the company issue a press release and SEC filings.
