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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 IN60np5nIGDUBTJ6Xs5daXxUEDzftsSRTtBqBrEE7EqphslWhNQVXX3y2SpFvM4K
 ThnN32DrNn9rpB5n5vI6PA==

<SEC-DOCUMENT>0001333158-05-000001.txt : 20050808
<SEC-HEADER>0001333158-05-000001.hdr.sgml : 20050808
<ACCEPTANCE-DATETIME>20050808140248
ACCESSION NUMBER:		0001333158-05-000001
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050728
FILED AS OF DATE:		20050808
DATE AS OF CHANGE:		20050808

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Boatwright Stephen
		CENTRAL INDEX KEY:			0001333158

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-14247
		FILM NUMBER:		051005415

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		602-230-6361

	MAIL ADDRESS:	
		STREET 1:		3101 NORTH CENTRAL AVENUE
		STREET 2:		SUITE 900
		CITY:			PHOENIX
		STATE:			AZ
		ZIP:			85012-2600

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			IsoRay, Inc.
		CENTRAL INDEX KEY:			0000728387
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-EATING PLACES [5812]
		IRS NUMBER:				411458152
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			0930

	BUSINESS ADDRESS:	
		STREET 1:		350 HILLS STREET,
		STREET 2:		SUITE 106
		CITY:			RICHLAND
		STATE:			WA
		ZIP:			99354
		BUSINESS PHONE:		(509) 375-1202

	MAIL ADDRESS:	
		STREET 1:		350 HILLS STREET,
		STREET 2:		SUITE 106
		CITY:			RICHLAND
		STATE:			WA
		ZIP:			99354

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CENTURY PARK PICTURES CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2005-07-28</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000728387</issuerCik>
        <issuerName>IsoRay, Inc.</issuerName>
        <issuerTradingSymbol>CPPC.PK</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001333158</rptOwnerCik>
            <rptOwnerName>Boatwright Stephen</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>3101 NORTH CENTRAL AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 900</rptOwnerStreet2>
            <rptOwnerCity>PHOENIX</rptOwnerCity>
            <rptOwnerState>AZ</rptOwnerState>
            <rptOwnerZipCode>85012-2600</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>1</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2014-08-19</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>84236</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Owns controlling interest in Quatsch Ventures LLC</value>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">8424 shares vest immediately
33,694 shares vest upon implantation of IsoRay seed in 100th patient
42,118 shares vest upon implantation of isoRay seed in 500th patient</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/Stephen R. Boatwright</signatureName>
        <signatureDate>2005-08-08</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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