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Implant Sciences Corp. (IMSC)

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Last Post: 9/29/2016 11:04:06 PM - Followers: 207 - 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.[...]

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: Notification That Annual Report Will Be Submitted Late (nt 10-k) 09/28/2016 04:14:00 PM
IMSC News: Current Report Filing (8-k) 09/16/2016 10:59:49 AM
IMSC News: Current Report Filing (8-k) 08/10/2016 08:55:18 AM
IMSC News: Current Report Filing (8-k) 08/01/2016 08:50:49 AM
IMSC News: Sack Lunch Productions, Inc. (OTC Pink: SAKL) Reports $10 million in Sales – Ready to Double 07/25/2016 06:00:00 AM
#37666  Sticky Note KI.....I've seen your posts over the recent past, dsully64 06/25/16 06:13:11 PM
#35764  Sticky Note $550M+ … CEO’S “LAST VICTORY LAP” Percy14 05/17/16 05:09:18 PM
#33900  Sticky Note Looking at the numbers: zeynoc 04/09/16 07:42:38 AM
#42565   I think some hold out hope that there tedpeele 09/29/16 11:04:06 PM
#42564   In a nutshell.. iGrassHopper 09/29/16 08:26:27 PM
#42563   McGann referred to the B220 as a commodity. iGrassHopper 09/29/16 07:43:18 PM
#42562   poker, nowak, mr-truthbetold 09/29/16 01:28:07 PM
#42561   You have to wonder why Morpho was on winters1983 09/29/16 09:59:21 AM
#42560   Perhaps my use of the word reasonable was poker face 09/29/16 09:51:05 AM
#42559   It was a rough estimate, but yes there tedpeele 09/29/16 09:13:42 AM
#42558   There was nothing reasonable about it. Morpho Nowak488 09/29/16 08:29:43 AM
#42557   It will be hard to convince me that Rude1 09/29/16 07:54:44 AM
#42556   Absolutely, not to mention the new handheld due ki2002rom 09/29/16 07:11:23 AM
#42555   I agree about efficiencies of scale a bigger int10a 09/29/16 07:07:13 AM
#42554   Hmmm.....a change. ki2002rom 09/29/16 06:47:57 AM
#42553   Finally, let's be clear (again) about the "victory ki2002rom 09/29/16 06:42:07 AM
#42552   They will at least do 75mn in sales zeynoc 09/29/16 04:58:53 AM
#42551   What I would call McGann going incommunicado is hubbasuba 09/28/16 11:51:46 PM
#42549   It's amazing what you can learn from established poker face 09/28/16 10:56:11 PM
#42547   They had 53mn in sales in the year. zeynoc 09/28/16 10:52:38 PM
#42546   They were already competing with both of them Nowak488 09/28/16 10:25:41 PM
#42545   The successful attempts to delay and disrupt ISC tcm7 09/28/16 06:25:39 PM
#42544   I think you are mostly correct there...although you winters1983 09/28/16 06:16:59 PM
#42543   Yes some big legal fees and maybe a tcm7 09/28/16 06:08:30 PM
#42542   Yes it was. And I don't know about poker face 09/28/16 06:08:20 PM
#42541   Not only that, but revenues were 4X the int10a 09/28/16 05:57:27 PM
#42540   That was actually one hell of a quarter. winters1983 09/28/16 05:46:09 PM
#42539   I was expecting lawyers fees would have a int10a 09/28/16 05:16:42 PM
#42538   i was hoping so..eom. tedpeele 09/28/16 05:10:31 PM
#42537   17,453,000 in revenue, 2,335,000 in losses. We are poker face 09/28/16 05:09:59 PM
#42536   joke lol pulpman66 09/28/16 05:07:24 PM
#42535   uh, ok...not by me.. tedpeele 09/28/16 05:06:38 PM
#42534   and if they are selling that portion of pulpman66 09/28/16 05:04:43 PM
#42533   so they blew their $43-45m estimate out of tedpeele 09/28/16 04:59:54 PM
#42532   The investor call will be on 10/13 at 415pm dave7933 09/28/16 04:32:06 PM
#42531   Here's the gist of it....... winters1983 09/28/16 04:30:29 PM
#42530   looks like 18M made for the quarter and pulpman66 09/28/16 04:28:09 PM
#42529   Yup...they filed the NT 10K winters1983 09/28/16 04:27:19 PM
#42528   looks like they filed a 12b-25 which i Buzzzy123 09/28/16 04:17:40 PM
#42527   Thanks for that metric. After I make my primethepump 09/28/16 03:52:48 PM
#42524   RW- it's called Lack of Candor iGrassHopper 09/28/16 02:33:24 PM
#42523   Normally when its posted on Bloomberg is pretty Buzzzy123 09/28/16 12:15:24 PM
#42522   The filing type is an NT filing, not winters1983 09/28/16 11:28:46 AM
#42521   162 - (21+24 +50) = about 66 left tcm7 09/28/16 11:20:03 AM
#42520   90 days after end of fiscal year June buffalop51 09/28/16 11:19:19 AM
#42519   The word LIE might seem too strong for Ramp Worm 09/28/16 10:59:20 AM
#42518   Usually by now there would have been a int10a 09/28/16 10:57:00 AM
#42517   earnings are due out tonight after the close...i Buzzzy123 09/28/16 10:47:55 AM
#42516   They can file an EXT...extension. They have done winters1983 09/28/16 10:19:38 AM
#42515   Earnings have to be announced by the 30th correct? Phoenixsons 09/28/16 09:51:32 AM
#42514   Mcgann's OK. Rude1 09/28/16 07:19:42 AM
#42513   What are the lies Ramp? Sincere question. What hubbasuba 09/27/16 09:31:39 PM
#42512   Any word on earnings? badnewsbears12 09/27/16 09:07:30 PM