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Implant Sciences Corp. (IMSC)

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Last Post: 12/19/2014 9:15:29 PM - Followers: 166 - Board type: Free - Posts Today: 0


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.[...]

Anticipation of  Transportation Security Administration (TSA) certification (expected - end of August 2012)

From source:

[...]The TSA's announcement is pertinent to Implant Sciences (IMSC.PK) which makes its major domestic debut with their explosive and narcotics trace detection systems later this year; their recent investor conference call points towards a likely approval by the TSA for implementation of products in August. With TSL testing finalization and subsequently TSA approval, Implant's proprietary product lines improve upon current competition's offerings (ease of use; low cost of ownership; safety through non-radioactivity). Implant Sciences' products are widely used and gaining ground internationally but TSA approval grants unprecedented domestic involvement and makes this young company an obvious acquisition target[...]

Government Security News review:

see at this link

GSN article about IMUC



Transfer Agent
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Golden, CO 80401

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Bid Ask Day's Range
IMSC News: IMSC SHAREHOLDER ALERT: The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary D... 12/09/2014 11:38:00 AM
IMSC News: Implant Sciences Receives Notification of Protest to Recent Award under Solicitation HTHS04-14-R-CT2050 11/26/2014 03:53:00 PM
IMSC News: Implant Sciences Receives Notification of Protest to Recent Award under Solicitation HTHS04-14-R-CT2050 11/26/2014 03:53:00 PM
IMSC News: Implant Sciences' QS-B220 Named "Best Explosives Detection Solution" for the 2nd Consecutive Year 11/26/2014 07:00:00 AM
IMSC News: Implant Sciences' QS-B220 Named "Best Explosives Detection Solution" for the 2nd Consecutive Year 11/26/2014 07:00:00 AM
#19201  Sticky Note Implant Sciences' QS-B220 Named "Best Explosives Detection Solution" Entendance 12/05/14 01:05:42 PM
#19728   As the great philosopher Aaron Rodgers once said,RELAX. boilerkds 12/19/14 09:15:29 PM
#19724   But you are not invested here. Nowak488 12/19/14 04:35:47 PM
#19721   "Look man, Implant's share price has been performing buffalop51 12/19/14 04:22:58 PM
#19719   Look man, Implant's share price has been performing Nowak488 12/19/14 04:16:57 PM
#19716   The bloom fell off IMSCs CEO Bolduc's rose buffalop51 12/19/14 03:42:34 PM
#19715   Good luck with explaining him what an EV zeynoc 12/19/14 03:41:27 PM
#19714   Norway tender was announced a few weeks ago zeynoc 12/19/14 03:39:48 PM
#19713   I think you're confused because share price does Nowak488 12/19/14 03:29:18 PM
#19711   Obviously the company thinks that it will have mas 12/19/14 03:07:46 PM
#19710   Again makes 0 sense from a corpfin perspective. zeynoc 12/19/14 03:01:41 PM
#19708   that will decrease the cash position which will mas 12/19/14 02:54:32 PM
#19706   You guys have more cash than value (ie Nowak488 12/19/14 02:48:20 PM
#19703   Reno no way would anyone in their right Buzzlityr 12/19/14 02:31:10 PM
#19700   Good post, Buzz. It's a shame that some RenoJon 12/19/14 02:01:29 PM
#19699   here' a new technology Implant should be mindful of. b9molecule 12/19/14 01:53:49 PM
#19698   You're factoring in interest payments, right? Nowak488 12/19/14 01:50:23 PM
#19697   Talking about actual revenue is not a forecast kidneybeans 12/19/14 01:49:50 PM
#19696   This company needs revenue well north of $30m mas 12/19/14 01:46:13 PM
#19695   Buffalo please, you are so far over the Buzzlityr 12/19/14 01:46:12 PM
#19694   He can't openly lie about that on a mas 12/19/14 01:44:39 PM
#19693   He has had more than enough chances to stroker46 12/19/14 01:22:48 PM
#19692   I'm confused. What is a "Stumble bum". I RenoJon 12/19/14 01:17:39 PM
#19691   I said he wasn't being completely truthful, they b9molecule 12/19/14 01:13:12 PM
#19690   B9, kidneybeans 12/19/14 01:09:46 PM
#19689   If the TSA uses $21 million that's it! stroker46 12/19/14 12:56:56 PM
#19688   problem is, Nowak, the 21M is still there, b9molecule 12/19/14 12:55:40 PM
#19687 stroker46 12/19/14 12:52:31 PM
#19686   Was we stop mentioning the 21M number? Nowak488 12/19/14 12:30:52 PM
#19685   and 21M in one quarter is more than b9molecule 12/19/14 12:18:49 PM
#19683   December 6th 2010, 4 YEARS AGO, we had buffalop51 12/19/14 11:59:06 AM
#19682   A bit of genuine research illustrates the startling Entendance 12/19/14 11:37:11 AM
#19681   It is gonna be great to make 301k mas 12/19/14 11:02:20 AM
#19679   Hey DJ call Iceland ASAP humnow24 12/19/14 10:57:23 AM
#19677   unlike you my sober DD has been a mas 12/19/14 10:22:36 AM
#19676   Revenue last quarter was 320K actually and came mas 12/19/14 10:22:20 AM
#19673   It is just a matter of time until zeynoc 12/19/14 10:09:19 AM
#19672   I'm fine with the 50-60M they have already Nowak488 12/19/14 10:07:45 AM
#19671   Europe hash date to purchase etd by 9/2015...time kidneybeans 12/19/14 10:03:26 AM
#19670   It is just a matter of time until mas 12/19/14 10:00:57 AM
#19669   IMSC QS-220 THE ONLY ECAC QUALIFIED for both Entendance 12/19/14 09:52:14 AM
#19668   Thanks entendance...looks like a huge advantage for implant kidneybeans 12/19/14 09:44:56 AM
#19666   Slow implosion and lack of confidence in management buffalop51 12/19/14 08:45:23 AM
#19664   ECAC !!! IMSC QS-220 Fields of use: Cargo Entendance 12/19/14 08:33:17 AM
#19663   'Don't blame the CEO because you didn't load buffalop51 12/19/14 07:50:29 AM
#19661   Don't give up yet. RenoJon 12/18/14 11:12:36 PM
#19660   Whatever, I can't sell and I can't buy HateCastro 12/18/14 09:04:11 PM
#19659   yes, Entendance, I sold some at higher prices b9molecule 12/18/14 07:29:14 PM
#19658   Wild ass guess indeed!!! kidneybeans 12/18/14 07:17:55 PM
#19657   Retail is being played plain and simple, buffalop51 12/18/14 07:16:54 PM
#19656   Why? Entendance 12/18/14 06:33:25 PM