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Implant Sciences Corp. (IMSCQ)

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Last Post: 10/23/2016 11:31:18 PM - Followers: 210 - 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

Implact Sciences Announces Sale of Detection Systems Business Assets as part of Bankruptcy filing


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) 10/14/2016 05:27:41 PM
IMSC News: Annual Report (10-k) 10/14/2016 06:05:03 AM
IMSC News: Current Report Filing (8-k) 10/11/2016 10:16:28 AM
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
#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
#43356   Zapata is much closer to a hoverbike than primethepump 10/23/16 11:31:18 PM
#43355   Zapata is much closer to a hoverbike than primethepump 10/23/16 11:31:17 PM
#43354   Nowak nailed it- better to think of it shiloh12 10/23/16 11:28:03 PM
#43353   Yea I would question everything at this point. Ramp Worm 10/23/16 09:00:22 PM
#43352   "More legit"? justinfish 10/23/16 08:59:30 PM
#43351   It seems a more legit than the Flyboard. postingfish 10/23/16 08:30:25 PM
#43350   Tongue and cheek or new spring in your step..... buffalop51 10/23/16 07:41:14 PM
#43349   I'm still "prepared to be delighted" shiloh12 10/23/16 07:32:08 PM
#43348   Eom buffalop51 10/23/16 07:31:18 PM
#43347   I still say this Zapata marriage is a justinfish 10/23/16 07:30:06 PM
#43346   So 'changing the direction of the gun' (Bolduc, buffalop51 10/23/16 07:29:32 PM
#43345   The previous CEO (Bolduc) talked about an inflection buffalop51 10/23/16 06:40:51 PM
#43344   I TOTALLY understand.... buffalop51 10/23/16 06:12:04 PM
#43343   Another true JET PACK video.. Looks Ramp Worm 10/23/16 05:58:42 PM
#43342   Interpreting any of their actions to mean something Nowak488 10/23/16 05:50:25 PM
#43341   I another personal jet flight.. I have NO Ramp Worm 10/23/16 05:30:27 PM
#43340   "I must say they have pretty large sacks pumper_stumper 10/23/16 03:50:45 PM
#43339   proxy for Zapata and shareholders meeting in December!? buffalop51 10/23/16 03:44:42 PM
#43338   Steve - Thank you for this great justinfish 10/23/16 11:56:39 AM
#43337   I truly hope that we become shareholders of SteveSchiets 10/23/16 07:08:13 AM
#43336   Nobody wins. This is where they rip Ramp Worm 10/21/16 06:53:20 PM
#43335   I think you've said it all. Why pumper_stumper 10/21/16 02:43:33 PM
#43332   For lack of the proper legal terms, IMX TheShadow 10/21/16 01:07:05 PM
#43330   Pumper- Thank you for your reply here. justinfish 10/21/16 11:41:31 AM
#43329   "Class action suits appear to have been initiated. " pumper_stumper 10/21/16 11:21:08 AM
#43328   Pumper -"Time is running out. Where is the fight?" justinfish 10/21/16 10:58:51 AM
#43327   "And, they'll threaten bankruptcy if we don't take pumper_stumper 10/21/16 10:08:25 AM
#43325   X hubbasuba 10/21/16 09:17:35 AM
#43324   Repeating,there is no chance that IMSC is getting pumper_stumper 10/21/16 09:10:52 AM
#43323   There is a very good chance that IMSC Buzzzy123 10/21/16 08:45:25 AM
#43322   I believe in the Bankruptcy filings you will TheShadow 10/20/16 11:00:32 PM
#43321   And how exactly are they "losing out"? pumper_stumper 10/20/16 07:57:26 PM
#43320   Lawyers losing out: Phoenixsons 10/20/16 07:15:11 PM
#43319   Another way for the judge to look at buffalop51 10/20/16 05:20:11 PM
#43318   Valid points on the CEO issues. But pumper_stumper 10/20/16 04:41:50 PM
#43317   ==We'll either see a lot more from the Ramp Worm 10/20/16 04:19:21 PM
#43316   FYI Subject: IMX Acquisition Corp. 611 10/20/16 04:16:32 PM
#43315   The CEO misled us about the 3/31 credit extension iGrassHopper 10/20/16 04:15:16 PM
#43311   Well for sure, shareholders were more responsible for pumper_stumper 10/20/16 02:01:23 PM
#43310   I actually don't think management was misleading much... T-R1 10/20/16 01:37:30 PM
#43308   Just give me an example of exactly how pumper_stumper 10/20/16 01:06:05 PM
#43307   That is what I said. It is a Nowak488 10/20/16 12:54:49 PM
#43306   Do you have one shred of evidence that pumper_stumper 10/20/16 12:51:40 PM
#43305   Insider trading ("say this on the call so Nowak488 10/20/16 12:47:24 PM
#43304   We'll either see a lot more from the mr-truthbetold 10/20/16 12:45:28 PM
#43303   I didn't miss anything. Allegedly "lying" about pumper_stumper 10/20/16 12:44:31 PM
#43302   You must have missed the part where our Nowak488 10/20/16 12:34:42 PM
#43301   Yes Bill McGann gushed over Platinum Partners. Ramp Worm 10/20/16 11:54:53 AM
#43300   The hotter the dust the more likely the primethepump 10/19/16 10:36:00 PM
#43299   Once again, bankruptcy will be final well before pumper_stumper 10/19/16 10:35:57 PM