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<SEC-DOCUMENT>0000355019-06-000024.txt : 20061221
<SEC-HEADER>0000355019-06-000024.hdr.sgml : 20061221
<ACCEPTANCE-DATETIME>20061221170625
ACCESSION NUMBER:		0000355019-06-000024
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20061219
ITEM INFORMATION:		Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
FILED AS OF DATE:		20061221
DATE AS OF CHANGE:		20061221

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FONAR CORP
		CENTRAL INDEX KEY:			0000355019
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845]
		IRS NUMBER:				112464137
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-10248
		FILM NUMBER:		061294049

	BUSINESS ADDRESS:	
		STREET 1:		110 MARCUS DR
		CITY:			MELVILLE
		STATE:			NY
		ZIP:			11747
		BUSINESS PHONE:		6316942929

	MAIL ADDRESS:	
		STREET 1:		110 MARCUS DRIVE
		CITY:			MELVILLE
		STATE:			NY
		ZIP:			11747
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>k8k61221.txt
<TEXT>
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

         Pursuant to Section 13 or 15(d) of the Securities Act of 1934

     Date of Report (Date of earliest event reported): December 19, 2006

                                FONAR CORPORATION
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)


    Delaware                      0-10248                     11-2464137
- ---------------             ----------------             -------------------
(State or other             (Commission File              (I.R.S. Employer
jurisdiction of                  Number)                 Identification No.)
incorporation)

                                110 Marcus Drive
                            Melville, New York 11747
                                 (631) 694-2929
              ---------------------------------------------------
               (Address, including zip code, and telephone number
                   of registrant's principal executive office)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

[ ]   Written communications pursuant to Rule 425 under the Securities Act
      (17 CFR 230.425)
[ ]   Soliciting material pursuant to Rule 14a-12 under the Exchange Act
      (17 CFR 240.14a-12)
[ ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))
[ ]   Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c)

Item 3.01(a) Notice of Delisting or Failure to Satisfy a Continued Listing Rule
or Standard; Transfer of Listing.

We  received  a Nasdaq Staff determination on December 19, 2006 indicating that
the Company still  fails  to  comply with the minimum bid price requirement for
continued  listing set forth in  Marketplace  Rule  4310(c)(4),  and  that  its
securities are, therefore, subject to delisting from The Nasdaq Capital Market.
The Company  has  requested  a  hearing  before a Nasdaq Listing Qualifications
Panel to review the Staff Determination.   There  can be no assurance the Panel
will grant the Company's request for continued listing.

The  letter  noted  that,  previously,  on December 22,  2005,  (NASDAQ)  staff
notified the Company that the bid price of  its common stock had closed at less
than $1.00 per share over the previous 30 consecutive  business days, and, as a
result   did  not  comply  with  Marketplace  Rule  4310(c)(4)  (the   "Rule").
Therefore,  in  accordance  with  Nasdaq  Marketplace  Rule 4310(c)(8)(D),  the
Company  was  provided  a  180 calendar  day  or  until June 20, 2006 to regain
compliance with the Rule.  On  June 21, 2006,  given  that  the Company met the
Nasdaq Capital Market initial inclusion criteria set forth  in Marketplace Rule
4310(c), except the bid  price, the  Company was  provided  an  additional  180
calendar  day  compliance  period, or until  December 18, 2006, to  demonstrate
compliance.

No specific time has been given when the hearing  will  be  held, although, the
Company expects it to be in February, 2007.

Exhibits

      99. Press Release dated December 21, 2006

                                   SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act  of  1934,  the
registrant  has  duly  caused  this  report  to  be signed on its behalf by the
undersigned hereunto duly authorized.

                                                FONAR CORPORATION
                                                (Registrant)

                                                By: /s/ Raymond Damadian
                                                    Raymond Damadian
                                                    President and Chairman

Dated:   December 21, 2006





</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>x99nasdaq.txt
<TEXT>
Exhibit 99
                                FONAR CORPORATION

Fonar MRI news @ aol . com                          The Inventor of MR Scanning
For    Immediate   Release                          An    ISO    9001   Company

Contact:    Daniel Culver,                          110       Marcus      Drive
Director of Communications                          Melville,    N.Y.     11747
Web site:    www.fonar.com                          Tel:     (631)     694-2929
Email: invest @ fonar. com                          Fax:     (631)     390-1709
===============================================================================


   FONAR  Receives  Notification  from  Nasdaq  Regarding Its Listing on The
                             Nasdaq Capital Market

MELVILLE,  NEW  YORK,  December  21,  2006 - FONAR  Corporation  (NASDAQ-FONR),
announced today, that on December 19, 2006,  FONAR (the "Company") had received
a Nasdaq Staff determination indicating that the  Company still fails to comply
with  the  minimum bid price requirement for continued  listing  set  forth  in
Marketplace Rule 4310(c)(4), and that its securities are, therefore, subject to
delisting from  The Nasdaq Capital Market.  The Company has requested a hearing
before a Nasdaq Listing Qualifications Panel to review the Staff Determination.
There can be no assurance  the  Panel  will  grant  the  Company's  request for
continued listing.

The  letter  noted  that,  previously,  on  December  22,  2005, (NASDAQ) staff
notified the Company that the bid price of its common stock  had closed at less
than $1.00 per share over the previous 30 consecutive business  days, and, as a
result   did   not  comply  with  Marketplace  Rule  4310(c)(4)  (the  "Rule").
Therefore,  in accordance  with  Nasdaq  Marketplace  Rule  4310(c)(8)(D),  the
Company was provided  a  180  calendar  day  or  until  June 20, 2006 to regain
compliance  with the Rule.  On June 21, 2006, given that the  Company  met  the
Nasdaq Capital  Market initial inclusion criteria set forth in Marketplace Rule
4310(c), except the  bid  price,  the  Company  was  provided an additional 180
calendar  day  compliance period, or until December 18,  2006,  to  demonstrate
compliance.

No specific time  has  been  given when the hearing will be held, although, the
Company expects it to be in February, 2007.

_______________________________________________________________________________

Be sure to visit FONAR's Web site for Company product and investor information:
                                 www.fonar.com
                                      ###

This release may include forward-looking  statements  from the company that may
or  may  not  materialize.   Additional  information  on  factors   that  could
potentially affect the company's financial results may be found in the  company
filings with the Securities and Exchange Commission.




</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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