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Implant Sciences Corp. (IMSC)

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Last Post: 11/26/2015 2:29:48 PM - Followers: 180 - Board type: Free - Posts Today: 2


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) 11/18/2015 11:16:38 AM
IMSC News: Quarterly Report (10-q) 11/16/2015 02:16:59 PM
IMSC News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 11/09/2015 01:28:51 PM
IMSC News: Amended Annual Report (10-k/a) 10/27/2015 02:58:38 PM
IMSC News: Amended Annual Report (10-k/a) 10/05/2015 05:06:27 PM
#29892  Sticky Note So I finally had a chance to listen kidneybeans 11/13/15 08:58:40 PM
#27706  Sticky Note Networking issue- he said they are pretty much zeynoc 09/29/15 03:37:04 AM
#30448   There's always an agenda! And the agenda is pulpman66 11/26/15 02:29:48 PM
#30444   Lol....ya! Folks laughed at that back then. buffalop51 11/25/15 07:11:19 PM
#30443   I'll take that $3 now Oracle of Delphi, shiloh12 11/25/15 07:08:25 PM
#30442   Worse, they couldn't sell a '100% accuracy never buffalop51 11/25/15 06:54:45 PM
#30441   And thats exactly how this stock has traded.....all buffalop51 11/25/15 06:50:18 PM
#30440   GHow could we have been so wrong? iGrassHopper 11/25/15 06:40:24 PM
#30439   ditto everything that has been written on this tedpeele 11/25/15 06:11:18 PM
#30438   No new sales since CC. I've been in gndkee09 11/25/15 05:37:58 PM
#30437   I have to agree with you about its KnightlyCruiser 11/25/15 04:14:23 PM
#30436   Bolducs plan was 3-5 we are at 5 buffalop51 11/25/15 04:12:56 PM
#30435   Pat- fear of loss-- drives all potentials (IE"partner Buzzlityr 11/25/15 04:11:46 PM
#30434   Agreed. Let's hope for the best. Pat 11/25/15 04:05:30 PM
#30433   This all assumes they aren't able to do Nowak488 11/25/15 03:52:54 PM
#30432   "The SP would continue to grind downward, interest Pat 11/25/15 03:44:11 PM
#30431   Dmrj makes ZERO on a converted share. buffalop51 11/25/15 03:34:46 PM
#30430   Pat- you predict "nuclear stock winter" with a Buzzlityr 11/25/15 02:50:21 PM
#30429   I think a partnership would be on even ground. Nowak488 11/25/15 02:26:56 PM
#30428   "Prolly hear something about dmrj loaning implant 20M Pat 11/25/15 02:01:41 PM
#30426   DHL is an Implant Sciences customer b9molecule 11/25/15 12:03:55 PM
#30425   Prolly hear something about dmrj loaning implant 20M buffalop51 11/25/15 10:36:39 AM
#30424   Nice turnaround today buffalop51 11/25/15 10:34:44 AM
#30423   I get the sense we're not going to unclecash 11/25/15 10:10:50 AM
#30422   Are we done selling? Let's flush out meima1955 11/25/15 09:56:15 AM
#30421   be careful what you wish for. unclecash 11/25/15 08:52:32 AM
#30419   A bomb blast on a bus transporting Tunisia's meima1955 11/25/15 07:19:02 AM
#30418   This time, none were found but cargo Continues Phoenixsons 11/24/15 11:59:46 PM
#30417   This has been going on for the last zeynoc 11/24/15 11:34:24 PM
#30416   BK is just plain not happening any time joe_techi 11/24/15 11:31:14 PM
#30415   One problem with scares away customers and marv777 11/24/15 10:22:48 PM
#30414   I like all this doom and gloom scenario! meima1955 11/24/15 08:22:17 PM
#30413   If you guys are going to really hammer CMass 11/24/15 06:59:46 PM
#30412   From experience and knowledge on his part. TheShadow 11/24/15 06:25:49 PM
#30411   Sure! And welcome for the '.60's next week followed buffalop51 11/24/15 06:13:41 PM
#30410   This drop got nothing to do with technical CMass 11/24/15 06:10:53 PM
#30409   It wasn't 'a call' it was a question. buffalop51 11/24/15 06:05:58 PM
#30408   Good call B9! TheShadow 11/24/15 05:52:20 PM
#30407   Thanks for the advice. Nowak488 11/24/15 05:45:55 PM
#30406   This has a lot more likelihood of happening buffalop51 11/24/15 04:54:40 PM
#30405   Joe- good creative thinking...and NOT a bad aspect- Buzzlityr 11/24/15 04:51:53 PM
#30404   They best 'chirp up' with a 'buyout offer buffalop51 11/24/15 04:35:53 PM
#30403   I think Anybody lending this company more money buffalop51 11/24/15 04:28:40 PM
#30402   And it's not even tax loss selling iGrassHopper 11/24/15 04:20:24 PM
#30401   The 'puke' was that investors voted yes on buffalop51 11/24/15 04:19:47 PM
#30400   It's reality. Those are intangible assets. buffalop51 11/24/15 04:10:13 PM
#30399   Wow. The float increases that makes the five KnightlyCruiser 11/24/15 04:07:48 PM
#30398   Be fair now, you're not considering other assets. unclecash 11/24/15 03:40:14 PM
#30397   Because this isn't a market that serves individuals. Nowak488 11/24/15 03:08:01 PM
#30396   I am glad Bob L is on CNBC CMass 11/24/15 03:03:21 PM
#30395   Happy Thanksgiving compliments of IMSC. 4 years buffalop51 11/24/15 02:59:13 PM
#30394   IMSC CNBC Video from today. ScooterTime022 11/24/15 02:53:49 PM