Daxor Corporation Delays Filing of 2nd Quarter 10Q 2005.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Daxor Corporation (Amex: DXR DXR Danbury Municipal Airport, Danbury CT (airport code) DXR Data Extraction and Recording DXR X-Director DXR Dynamic Extended Resolution ) - a medical instrumentation and biotechnology company, today announced that on June 9, 2005 Daxor Corporation received an informal inquiry and comments from the SEC regarding the 2004 10K, requesting further explanation and expansion of certain information and comments that Daxor provided in various parts of the document. As a result, Daxor has been delayed in filing the second quarter 10Q for 2005 because of work necessitated to meet the requested changes from the SEC. As previously announced by Daxor Corporation on August 22, 2005, Daxor filed SEC Form 12b-25 on August 12, 2005 requesting an extension of time to file Form 10Q for the second quarter 2005. In the Form 12b-25, Daxor mistakenly requested a 15-day extension. However, 12b-25 only permits a 5-day extension for a 10Q. Based on the reformatting required by the SEC comment letter and the number of time periods involved, Daxor has been unable to file its second quarter 10Q to date. Daxor fully intends to file its June 30, 2005 10-Q by Thursday, September 1, 2005. Daxor repeats the previous statements that the company is not under any threat of being delisted by the American Stock exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. as was erroneously reported in a headline on Friday August 26, 2005. Daxor Corporation manufactures and markets the BVA-100, a semi-automated Blood Volume Analyzer. The BVA-100 is used in conjunction with a single use diagnostic kit. Among nationally renowned hospitals and other major medical institutions which have purchased the BVA-100 Blood Volume Analyzer are the Mayo Clinic Mayo Clinic: see Mayo, Charles Horace. Mayo Clinic voluntary association of more than 500 physicians in Rochester, Minnesota. [Am. Hist.: EB, 11: 723] See : Medicine , the Cleveland Clinic, NIH "Not invented here." See digispeak. NIH - The United States National Institutes of Health. , and New York University New York University, mainly in New York City; coeducational; chartered 1831, opened 1832 as the Univ. of the City of New York, renamed 1896. It comprises 13 schools and colleges, maintaining 4 main centers (including the Medical Center) in the city, as well as the Medical Center. The BVA-100 measures blood volume to within a 98% accuracy. More information about the BVA-100 and other Daxor products and services can be found at www.daxor.com. |
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