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when did he say that?
from what i hear, end of june is the latest for final qualification.
KB
I hope that management has a plan.
It wouldn't surprise me if Glenn comes out and pats himself on the back for the "unprecedented progress" that the company is making and go on about how "confident" he is in the company technology.
I am praying though that for ONCE that the company suprises to the upside.
GLTA,
KB
What did you have in mind?
I have spoken to glenn on several occassions and usually have specific questions.
What did you want to ask in specific?
KB
Buff you make the assumption that the new CRADA is to create a non-contact product that replaces the current swab technology. None of us know what the TSA wants at this point. What we do know is that they like, no love, IMSC technology and want to work with this company, the only etd company that has that privilege. The other "wild card" is the domino effect that tsa qualification will set off...remember the "other two US agencies", well they are waiting for TSA qualification. Oh yeah, don't forget CATSA and Isreal also follow TSA. I would agree with you that this has been a difficult investment, but the party will begin soon enough and I still have not sold any of my 100k plus shares.
GLTA,
KB
Spoke to Glenn about 2-3 weeks ago.
He said that OTE is going slower than hoped, but that the process will be done prior to TSA ordering anything.
OTE does not require any further testing, just seeing how the TSOs like the product.
I don't know where this rumor that OTE has been halted started, but I presume that it is someone's scare tactic to shake loose some shares before the CC.
No one knows for sure what is going on except for Glenn, but I am not losing any sleep over it.
GLTA,
KB
This amount of silence is strange.
I have a feeling the May CC is all or none.
I much prefer this silence than announcement of BS conferences and hires.
GLTA,
KB
there is no proof.
just conjecture as all is quite.
cc in about 2 weeks, we can ask whatever we want at that point.
GLTA,
KB
I am as optimistic as one can be with this company. I am not looking foward to the results of CC. TSA or bust at this point.
GLTA,
KB
We have been through some lean times, but this kind of silence is unusual even for imsc. It's going to be a suprise come cc time, good or bad. Hoping for the former. Have never been so frustrated by a company or stock in my life.
That PR is going to come soon, but it will have nothing to do with a marathon.
Not too worry...all will play out by June.
Happy Easter!!!
GLTA,
KB
There is no testing going on at this point...just seeking opinions of how tso like the machine.
...it's like watching grass grow...longs frustrated but not willing to sell, investors apprehensive and not willing to buy...time to twiddle some thumbs
I think that the qualification will not only be big in terms of sales growth in US, but throughout the world...isreal, canada.
I think we are about 30-60 days away, end of June at latest. I have waited for 2 years, what is another 6 months. Either way, if I go down or if this takes off, I just want this waiting to end, so i can move on with life.
GLTA,
KB
I finally hit my frustration threshold last week.
Called the company and "things are going as planned."
Would agree with Bronco that the additional funding and CRADA are very promising signs.
I am concerned about the sales and expect a rough Q3 report.
Ultimately, the company will do well, it's a question of when.
I have picked up meditation.
GLTA,
KB
Brady,
Thanks for the reply.
I am not a basher and sincerely want this company and stock to do well because I really do feel like the technology can keep us safer.
I am just fed up with the excuses and promises of management.
This time I can actually see that the technology is being accepted and that things are being set up for the "big one."
If I have to hear one more of Glenn's excuses like in the November 2013 CC where he started the CC by saying "I hope you folks can see the position we are in" after posting another losing quarter or his stock analysis of how the stock price is only reflective of < 1 percent of stock traded, I am going to scream.
Glenn, stop talking and start delivering. Stop complimenting your company and saying things like "our sales team came through" when the company is still bleeding cash.
Good luck to all, hoping for better tomorrows.
KB
Unc,
I am somewhat encouraged.
I am just frustrated.
I think that the shareholders deserve so much more than what management has done. We deserve honesty and straight foward talk. I can't imagine that Glenn is that clueless as to miss the timelines by as much as he does. I believe that he has been disingenuious in leading investors to believe that the big score is just around the corner.
At this point, I really do believe that the big thing is around the corner, but it has been a long arduous process.
Do I believe in the technology...yes!!! Do I care for the management team...somewhat as they did develop this technology. Do I care for how the have handled investor expectations...NO!!!
June is right around the corner...May maybe the last CC i tune into if I don't like what I hear.
GLTA,
KB
Sales, sales, sales...that's all that counts, everything else is just smoke.
KB
good to see some support.
hope management breaks this silence soon.
believe that the company will take off.
but tired of waiting, just give to us, good or bad...tired of waiting...2 years and counting.
have nightmares of the company at this point.
beginning to question if this is all worth it.
GLTA,
KB
Gonna be that way until we get sales.
The purpose of the new 12-month CRADA is for the TSL to use the QS-B220, having passed TSA qualification testing, as a gold standard explosives trace detector.
viperstrike, he is a short, nothing he says serves any purpose other than to try to take the price down.
Does anyone else find in strange that the line refers to TSA qualification as a whole, does that hint at the fact that TSA has already qualified the qs b 220 for passenger screening?
Wonder why this CRADA is only 12 months?
Any thoughts?
GLTA,
KB
Good thought Brady Bronco,
Fire Dr. Jones, for the love of god sell something, anything at this point.
GLTA,
KB
Hopefully, TSA ID/IQ within the next 30 days.
GLTA,
KB
For everyone's sake, I hope this is substantiated.
KB
E, what are you referring to...don't leave the board wondering/hanging.
KB
Pre-Solicitation Conference Announcement - Advanced Trace Detection Instrumentation and Methodologies - HSHQDC-13-R-B-0005 BAA 13-03)
https://www.fbo.gov/index?s=opportunity&mode=form&id=c9772af73cd825b77b9912b27bd647f7&tab=core&_cview=1
The BAA will be announced within 2 weeks from 3/20/14.
KB
So it would be a pretty big deal...joe in your opinion on a scale of 1 to 10, 10 being a huge victory, how would you rate a BAA in imsc's favor?
GLTA,
KB
Joe,
Thanks for the explanation.
What does the company gain from the "winning idea."
Does the government work solely with that companies technology, does it recommend it to it's agency.
If IMSC had the winning idea, what would that mean?
Sorry if these questions seem basic, just a little confused and wondering what a positive announcement would mean for IMSC.
Thanks.
KB
can somebody chime in about this BAA.
it's not an order.
what is the significance of it?
GLTA,
KB
B9,
Where was it announced?
I just went through the PRs and there was no mention of the referred to amount or buyer.
Just wondering where you saw the PR with sales to the State Department totaling about 1.2 million?
Thanks.
GLTA,
KB
Lets just go with what we know right now irt fully diluted shares.
Lets go say that TSA gives us a 150million dollar contract over 3 years ~1250 B220s/year.
KB
Can someone comment on the number of FULLY DILUTED SHARES and the expected EPS given a 100 million dollar contract from TSA. That would be appreciated.
GLTA,
KB
50 million or more.
Just a WAG and my opinion.
GLTA,
KB
I would agree with that.
TSA order must be big.
I think that it's coming sooner than we think.
Glenn said parts that needed lead time is 22 weeks.
That was in january, so expect orders by latest in June.
GLTA,
KB
Of note, the website shows that the 2 other agencies are the army and the navy, both ordered 1 unit 9 months ago. I assume testing should be done soon.
GLTA,
KB
Purchase of 50 non-radioactive ion mobile spectrometry devices to be donated to the Government of Mexico at their airports for detection of explosives, ammunition, narcotics, etc.
GLTA,
KB
Thanks for sharing that.
KB
If at the next CC, it's another hour of "hope" and "great progress" and "we have all the confidence in the world where we are going" I am going to lose my mind.
GLENN...stop talking and START DELIVERING!!!
GLTA,
KB
Is that wishful thinking, cause it's not looking good right now.
Where are the GD sales Glenn.
"we didn't wait to announce around the CC"...are you sure Glenn?
KB
B9 - what is a mega boosh?