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Implant Sciences Corp. (IMSC)

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Last Post: 9/22/2014 1:54:22 PM - Followers: 162 - Board type: Free - Posts Today: 61


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



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#16276   I agree that non of these price movements HateCastro 09/22/14 01:54:22 PM
#16275   Can be waived "for the public interest".... They Nowak488 09/22/14 01:46:05 PM
#16274   We were forming a base at 1.25 so Nowak488 09/22/14 01:45:12 PM
#16273   Last time that happened we were forming a HateCastro 09/22/14 01:36:08 PM
#16272   Buy American Act....can someone with government procurement experience winters1983 09/22/14 01:35:54 PM
#16271   The same thing happened two weeks ago right Nowak488 09/22/14 01:24:58 PM
#16270   At least there is significantly more volume and MakeABuck2000 09/22/14 12:51:40 PM
#16268   I do not think there is anything wrong HateCastro 09/22/14 12:42:24 PM
#16267   And the exploitation can be so blatant. tedpeele 09/22/14 12:41:39 PM
#16266   Some have speculated that this could be DMRJ buffalop51 09/22/14 12:40:32 PM
#16265   Exactly, and it is because there is plenty tedpeele 09/22/14 12:39:45 PM
#16264   Anyone who has been in this stock long marv777 09/22/14 12:30:09 PM
#16262   IMSC is fully financed though March 2015. There b9molecule 09/22/14 12:20:22 PM
#16261   A secondary before a 20+ million TSA order humnow24 09/22/14 12:17:12 PM
#16260   I have seen this kind of action before marv777 09/22/14 12:14:43 PM
#16259   Had this on watch, just took a seat RS Development 09/22/14 12:10:30 PM
#16258   perfect example of being 'spooked'. Nothing is tedpeele 09/22/14 12:01:24 PM
#16256   Hate showing how naïve I am on this perfusionist 09/22/14 12:00:42 PM
#16255   Well, in my experience as investor a 20% HateCastro 09/22/14 11:59:54 AM
#16254   agreed, nowak. b9molecule 09/22/14 11:59:51 AM
#16253   Care to elaborate on why it is so scary? Nowak488 09/22/14 11:50:50 AM
#16252   We all can post here all day long HateCastro 09/22/14 11:43:29 AM
#16251   just missed getting more at 1.18 as i tedpeele 09/22/14 11:33:59 AM
#16250   like I said. b9molecule 09/22/14 11:32:03 AM
#16249   Back to 1.34. Roller coaster ride! Got some joe_techi 09/22/14 11:30:58 AM
#16248   This action is incredible! maeberly 09/22/14 11:28:22 AM
#16246   These are fairly good size sells. It more marv777 09/22/14 11:27:17 AM
#16245   Maybe....we'll see. So far way under water ktcougar 09/22/14 11:26:07 AM
#16244   Must be good news soon, nice little shake, MIB_VooDoo_P3 09/22/14 11:26:01 AM
#16243   Exactly. Who has an endless supply? If DMRJ patientspeculator 09/22/14 11:22:43 AM
#16242   FWIW...NITE has been the seller all day here. ktcougar 09/22/14 11:20:21 AM
#16241   20% decline in 2 hours is like a HateCastro 09/22/14 11:18:22 AM
#16240   I think people are getting out expecting conf. hoop90 09/22/14 11:17:23 AM
#16239   there is no fundament reason for the share b9molecule 09/22/14 11:14:36 AM
#16238   To be honest, I don't want to be buffalop51 09/22/14 11:12:17 AM
#16237   Here's a speculative guess: Implant is moving to patientspeculator 09/22/14 11:10:50 AM
#16236   It is painful to say it, but Buffalo HateCastro 09/22/14 11:07:42 AM
#16234   As the TA trader posted last Friday the iGrassHopper 09/22/14 11:06:21 AM
#16233   Besides the fact I want to barf, selling Ten4 09/22/14 11:03:59 AM
#16232   Why do we need a conference call if buffalop51 09/22/14 11:02:40 AM
#16231   Same old same old. Shorts using scare tactics Andy3077 09/22/14 11:01:42 AM
#16230   Two things could be happening: Or we are HateCastro 09/22/14 10:54:49 AM
#16229   I am guessing DMJR selling some of its humnow24 09/22/14 10:50:58 AM
#16228   I advise everyone to call Glenn as I ghkelly75 09/22/14 10:47:34 AM
#16227   I sure would love to hear someone's explanation maeberly 09/22/14 10:37:01 AM
#16226   5 trading days ago this stock was trading zeynoc 09/22/14 10:36:07 AM
#16225   I just bought more. hoop90 09/22/14 10:24:23 AM
#16224   Mr. Bolduc serves up this BS plate special buffalop51 09/22/14 10:24:17 AM
#16223   The next time I'm up 50%, I'm ringing MakeABuck2000 09/22/14 10:18:20 AM
#16222   There ya have it! The $1.20's! buffalop51 09/22/14 10:13:24 AM