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Implant Sciences Corp. (IMSC)

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Last Post: 8/30/2015 1:31:02 AM - Followers: 172 - Board type: Free - Posts Today: 3


Implant Sciences Corp.

107 Audubon Road #5
Wakefield, MA 01880
Phone: (781) 246-0700

Implant Sciences Corp. (IMSC) develops and manufactures explosive trace detection sensors and systems that are capable of detecting minute amounts of a wide variety of military, commercial, and homemade explosives. IMSC's patented technologies  provide unique screening capabilities to extend and improve counter-terrorist and homeland security efforts. Implant Sciences' products are deployed worldwide to enhance the safety and security of its customers in roles such as:
Aviation security
Force protection
Subway security
Customs and immigration
Cargo security
Critical infrastructure protection
Ports and tunnels security
and more…

Innovative Products:

Quantum Sniffer™ QS-H150 Portable Explosives Detector

The Quantum Sniffer QS-H150 employs a patented vortex collector for the simultaneous detection of explosives particulates and vapors with or without physical contact and in real-time. Far more sensitive than other detection devices, the advanced Quantum Sniffer can detect parts-per-trillion (ppt) levels of explosives vapor and nanogram quantities of explosives particulates for most threat substances.

Accurate and Efficient

The QS-H150 has automatic and continuous self-calibration. It monitors its environment, senses changes that would affect its accuracy, and re-calibrates accordingly. No user intervention, no calibration consumables, no system down-time.
For detection, the sample is collected by the vortex, ionized photonically, and analyzed via ion mobility spectrometry (IMS). The presence of a threat is indicated by a visible and audible alarm, and the substance is identified and displayed on the integrated LCD screen. Optionally, and at any time, a monitor and keyboard may be connected for convenient access to spectrogram display and analysis tools, administrative tools, and diagnostics.
When detecting a threat substance, the QS-H150 rapidly alarms. This real-time detection limits equipment contamination and allows for ultra-fast clear-down.


Photonic (non-radioactive) ionization

Patented non-contact vortex collector sample acquisition

Automatic continuous self-calibration

No calibration or verification traps

Simultaneous vapor and particulate detection

Threat and taggant identification


Lower total costs of ownership

Very low false positive rate

Full range of detectable substances

User-expandable threat library

Fast analysis

Ultra-fast clear-down

QS-B220 Benchtop Explosives and Narcotics Trace Detector

QS-B220The QS-B220, introduced in May 2011, is a bench-top explosives and narcotics trace detector that uses Ion Mobility Spectrometry (IMS) to rapidly detect and identify trace amounts of a wide variety of military, commercial, and homemade explosives, plus narcotic substances. The QS-B220 is free from radioactive materials, low total cost of ownership, and high operational availability.

Accurate and Efficient

The Quantum Sniffer performs real-time detection with fast clear-down. When detection occurs, the QS-B220 provides audio and visual alarm indications, including substance identification, on the integrated high-resolution color touch-screen. Authorized users can also access spectrogram display and analysis, administrative, and diagnostic tools through the easy-to-use interface.

Automatic internal self-calibration prevents errors that could result from an uncalibrated instrument. The QS-B220 monitors its environment and senses changes that would affect its analysis. No user intervention or calibration consumables required.

Lower Total Cost of Ownership

Operation and maintenance expenses are extremely low with the QS-B220. Routine maintenance consists of care and cleaning using common supplies and desiccant replacement as required.

No radioactive material is used in the QS-B220, so there are no associated certification, licensing, inspection, testing, transportation, or end-of-life disposal costs.

Features and Benefits:


Fast clear-down means the QS-B220 is ready for the next sample in seconds

Low maintenance design delivers low total cost of ownership

Very low false positive rate

Capable of rapidly detecting and identifying both explosives and drugs


Implant's innovative explosive trace detection (ETD) devices have significant advantages over market leaders in detection systems space such as:

Safran's Morpho Detection products

Smiths Group detectors

L3 Security & Detection Systems


View at financials (see source)
[...] Implant Sciences has $5.5mm in current assets, up against $35mm in current liabilities of which $27mm belong to the DMRJ Group. This may actually bode well for the company as DMRJ has repeatedly positioned themselves as a long term benefactor of the company, extending the credit line and promissory notes' due date from March to September of this year and increasing the amount borrowable under the line of credit. If the August TSA approval holds water, DMRJ may in fact be the greatest beneficiary in IMSC's long and profitable future, alongside even the smallest of shareholders[...]

more (see source)

[...]The company has around $35 million in current liabilities of which $27 million belong to the DMRJ Group. DMRJ Group, LLC is a Delaware Limited Liability Company affiliated with Platinum Partners Value Arbitrage Fund L.P., one of the most profitable mid-sized hedge funds known to-date. DMRJ Group has repeatedly extended the credit line and promissory notes' to Implant and increased the borrowable amount. Thus DMRJ positioned themselves as a long term benefactor in IMSC. DMRJ most definitely is betting on Implant Sciences's profitable future - that's a good sign and clear direction for the sophisticated investor to follow the smart money.[...]

IMSC has arrived...signing a Major contract with the US Government!

Implant Sciences signs TSA IDIQ Contract for up to $162 million dollars for explosive trace detection systems

Indefinite Delivery / Indefinite Quantity Contract for QS-B220s

Implant Sciences Receives Order from TSA for 1,170 Explosive Trace Detectors

QS-B220s to be deployed to multiple U.S. airports


From source:



Transfer Agent
Computershare Trust Company Inc.
350 Indiana St.
Golden, CO 80401

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Current Price
Bid Ask Day's Range
IMSC News: Current Report Filing (8-k) 07/07/2015 02:51:22 PM
IMSC News: Implant Sciences' QS-B220 Wins GSN Award for "Best Security Checkpoint" 06/25/2015 09:00:00 AM
IMSC News: Cyprus Chooses Implant Sciences' QS-B220 to Meet Upcoming EU ETD Regulations 06/23/2015 09:00:00 AM
IMSC News: Up to 304 Additional QS-B220s Sold to French Airports as Implant Sciences Deepens its Foothold in EU 06/11/2015 09:30:00 AM
IMSC News: Four Major Airports in Poland Join Other European Airports in Selecting Implant Sciences' QS-B220 Trace Detectors to Meet Eur... 06/04/2015 09:00:00 AM
#26767  Sticky Note Zero volume today and no SP change. buffalop51 08/15/15 10:45:09 AM
#27050   Really? Please illuminate me as to why the shiloh12 08/30/15 01:31:02 AM
#27049   Wrong Six. I want to see earnings growth RenoJon 08/30/15 01:26:41 AM
#27048   The only thing at this point keeping the RenoJon 08/30/15 12:01:29 AM
#27047   Cursed is correct. If there is one buffalop51 08/29/15 08:07:19 PM
#27046   CEO not exactly a chatty cathy. Think it's shiloh12 08/29/15 07:07:11 PM
#27045   $.70 looks like a good starting point here Realivesting 08/29/15 05:24:08 PM
#27044   So looking for lender news? What's CEO have Realivesting 08/29/15 05:22:17 PM
#27043   Thanks Buff! sixflags 08/28/15 02:47:36 PM
#27042   Not really,considering they have developed an impressive IP shiloh12 08/28/15 02:45:54 PM
#27041   Whatever Ron. BOD must BUY shares! You are sixflags 08/28/15 01:35:24 PM
#27040   People do go to jail for deceiving investors. buffalop51 08/28/15 01:33:38 PM
#27039   finally feelin' ya on these recent posts buzz. b9molecule 08/28/15 01:29:11 PM
#27038   Come on Six. The BOD didn't force you RenoJon 08/28/15 12:47:26 PM
#27037   I have over 40 tax lots of IMSC. sixflags 08/28/15 12:42:32 PM
#27036   The terms of the debt are the issue. sixflags 08/28/15 12:38:17 PM
#27035   62 Million in long term debt is pretty extreme. RenoJon 08/28/15 12:14:38 PM
#27034   Wow someone from this board is using my sixflags 08/28/15 12:09:32 PM
#27033   What is taking place on the other board sixflags 08/28/15 11:50:43 AM
#27032   ECAC was anything but quick or resolute. Its Buzzlityr 08/28/15 11:41:26 AM
#27031   The debt is not extreme, the terms are. shiloh12 08/28/15 10:58:58 AM
#27030   Simple. What are negative earnings, extreme debt, and RenoJon 08/28/15 10:50:36 AM
#27029   Or the TSA doesn't feel the need to Nowak488 08/28/15 10:09:57 AM
#27028   Who is is paying for the craziness on humnow24 08/28/15 09:47:40 AM
#27027   It kinda smells like big money and lobbyists buffalop51 08/28/15 09:35:23 AM
#27026   Please. If you really believe that I'm embarrassed RenoJon 08/27/15 09:03:15 PM
#27025   Curious isn't it how quickly once they got shiloh12 08/27/15 08:44:20 PM
#27024   No they really do test something this important Buzzlityr 08/27/15 08:06:17 PM
#27023   The whole market have had and historical rebound, sixflags 08/27/15 07:45:52 PM
#27022   I continue to buy at these levels. Phoenixsons 08/27/15 07:25:04 PM
#27021   if they tested Imac machines at TSL for buffalop51 08/27/15 07:24:18 PM
#27020   yes ,thx b9molecule 08/27/15 07:15:51 PM
#27019   Thanks, for your response. rmegsr 08/27/15 06:13:53 PM
#27018   Look at boiler's message from 2 days ago, zeynoc 08/27/15 06:03:44 PM
#27017   "Acceptance of shipment testing" and line training Buzzlityr 08/27/15 05:23:55 PM
#27016   'Test each machine?' They spent two YEARS testing buffalop51 08/27/15 04:52:14 PM
#27015   they probably have to test each machine, come b9molecule 08/27/15 04:36:48 PM
#27014   Recently flying out of TUS the TSA was JenningsB 08/27/15 04:21:03 PM
#27012   Have not seen a 17000 share buy in guiguich 08/27/15 02:51:31 PM
#27011   Woooooow Something's up? Maybe Maybe that's it guiguich 08/27/15 02:50:02 PM
#27010   3% off all tin foil hats iGrassHopper 08/27/15 02:45:36 PM
#27009   SIX-ER- man alive, even a stubborn broken record Buzzlityr 08/27/15 02:36:45 PM
#27008   Sully-thanks for posting good thoughts re: ISC. Buzzlityr 08/27/15 02:29:38 PM
#27007   I was told the same before the QPL, sixflags 08/27/15 02:24:03 PM
#27006   Finally! An intelligent post. Way to go Sully. RenoJon 08/27/15 01:02:52 PM
#27005   No. I missed that .Where is it mentioned...... rmegsr 08/27/15 10:11:37 AM
#27003   PART II: WoodManBrown 08/27/15 08:09:36 AM
#27002   I am -very- serious: WoodManBrown 08/27/15 07:50:30 AM
#27001   Depends how much you already have. If T-R1 08/26/15 08:30:59 PM
#27000   Post 27,000? buffalop51 08/26/15 07:41:05 PM
#26999   Hey gang. Question for all of the astute vein 08/26/15 07:39:09 PM