Multiple parcel bombs kill at least 7, injure over 50 in Guangxi, southern #China, police says

From South China Morning Post:

http://www.scmp.com/news/china/society/article/1862823/multiple-explosions-said-be-triggered-parcel-bombs-rock-county

All true, but I never discount technicals. This stock has been basing for a verrrry long time. So I'm beginning to get a bit excited, given the sales progress made in the last few months, and the technicals, which indicate to me that a few new people are taking a flyer before the cc based on sales & technicals.

Or b/c the technicals have triggered a buy signal, so the
momo players are jumping in ...

New Canadian notice of intent

Dated 9/16. It's a refresh of previous solicitation. It's for 112 desktops. Smith's, Morpho and Imsc are eligible.

http://www.merx.com/English/SUPPLIER_Menu.Asp?WCE=Show&TAB=1&PORTAL=MERX&State=7&id=343942&src=osr&FED_ONLY=0&ACTION=&rowcount=&lastpage=&MoreResults=&PUBSORT=2&CLOSESORT=0&IS_SME=N&hcode=mAs3FKq5nXQrLm4l%2fmAqzA%3d%3d

Good point. It's all murky as hell, no?

True, but TSA knows Implant's financial condition, & knows it is not in the TSA's best interest to force a 50% haircut on a struggling company that produces the world-class ETD device. I believe TSA wants this company to succeed and has the money and intent to help it get there. Naive? Perhaps...

???About that TSA $21.6 million,
which was jacked up by $3.6 million, to $25.2 million on March 30, for "Add Option Line Items for second year warranty and additional consumables"

According to the IMSC price list linked below, a second-year warranty goes for about $5,800 each. Then throw in some additional consumables for a fews hundred dollars per machine, giving a total of about $6,150 for the second-year warranty and additional consumables per unit.

$3,600,000 divided by $6,150 = 585, which equals one-half of 1170.

Ergo, I believe the original $21 million figure was for just half the total order.

Scroll down to price list in this link:

https://www.gsaadvantage.gov/ref_text/GS07F0490U/0LH3N4.2L8JLO_GS-07F-0490U_IMTEXT.PDF

I'm inclined to agree with you. It's just part of the ongoing price puzzle, which is why I hope it will be addressed in the call today.

Yeah, you missed it. See posts
19944
22765
22774

Sometime between my january post (19944) @ 43 million and the March post (22765), the $ figure jumped from $43M to $65M.

The $65 Million question:

I can't call in to CC, but hope someone asks this question: Why is a $65 million figure still being reported for 1170 units? Is it accurate?

http://government-contracts.insidegov.com/l/9485388/HSTS0415DCT2011

BOD nominees:
Seven directors are to be elected at the Annual Meeting to serve until the 2016 Annual Meeting of Stockholders. The following is a brief summary of the background of each of our nominees, including specific information about each nominee’s experience, qualifications, attributes or skills that led the Nominating Committee to the conclusion that the individual is qualified to serve on our Board of Directors, and their ages as of May 25, 2015. Our directors will be elected annually for a one-year term or until their respective successors are duly elected and qualified or until their earlier resignation or removal.

If for any reason any nominee does not stand for election, any proxies we receive will be voted in favor of the remaining nominees and may be voted for substitute nominees in place of those who do not stand. We have no reason to expect that any of the nominees will not stand for election.

The directors and named executive officers, their ages and positions as well as certain biographical information of these individuals are set forth below. The ages of the individuals are provided as of May 25, 2015.

Executives and Directors

Age

Position
Dr. William J. McGann

57

Chairman of the Board, President, Chief Executive Officer, and Director
Robert P. Liscouski

60

Executive Vice President, Business Development and Director
Brenda L. Baron

52

Vice President, Manufacturing
Roger P. Deschenes

56

Vice President, Finance and Chief Financial Officer
Dr. Darryl K. Jones

57

Vice President, Sales, Marketing and Technical Services
Todd A. Silvestri

49

Vice President, Advanced Technology and Product Development

[Add additional directors when identified]

http://phx.corporate-ir.net/phoenix.zhtml?c=88760&p=irol-SECText&TEXT=aHR0cDovL2FwaS50ZW5rd2l6YXJkLmNvbS9maWxpbmcueG1sP2lwYWdlPTEwMjc0NDMyJkRTRVE9MSZTRVE9OSZTUURFU0M9U0VDVElPTl9QQUdFJmV4cD0mc3Vic2lkPTU3

Boys, control yourselves! Starting to sound like Yahoo board.

Don't think it's new. It's a modification of a previous award.
Scroll down to the 8th item on this list, which was the original order for THE FIRST ARTICLE UNIT for the IDIQ.

https://www.fpds.gov/ezsearch/fpdsportal?s=FPDSNG.COM&sortBy=SIGNED_DATE&q=%22implant+sciences%22&indexName=awardfull&y=7&x=23&templateName=1.4.4&desc=Y

Your referenced award is the first modification to that original order, which tells me the Morpho protest precluded the first article unit from being delivered for the original award. So the modification you referenced is for the same FAT, which apparently was delivered by March 15, after the protest was resolved. At least things are starting to roll. The tell will be how many units they have been able to deliver since March 15th. Maybe we'll see some clarity on this @ the conference call. ???

On what date was that contract signed? Can't find it...

IMSC consultant: "I take special pride in finding strategic partnerships for my clients to enhance their presence, brand recognition and sales."

https://www.linkedin.com/in/barbarazylinski

worked for McGann way back.

New TSA head nominated today
http://bigstory.ap.org/article/1857d0f11f304ab88b6e2aa210c22203/obama-nominates-no-2-coast-guard-run-tsa

Dr. William (Bill) McGann is Chairman of the TAB

Is that PR hinting that IMSC sold 10 @ 50K each?

That is a damn good question!
I believe it was the 43 million figure initially.

What metrics is TSA using to project future efficiencies?

CARRAWAY: Thank you, sir.

Yes, albeit that the savings that -- from both '14 and '15 were significant -- '15 particular, significant savings. It will be difficult for us to get that amount of savings.

But yes, I believe we can get those -- those additional savings, one by increasing enrollment in -- in Precheck. We believe there is an initiative there that -- that if we increase that enrollment, that's where additional savings can come from. We believe also by looking at purchasing of technology. Networking them together using better acquisition-management skills and processes that we've put place, we can create some savings there as well.

So yes, I believe we can. But at the -- at the rate of the past two years, it will be -- be tough. But I believe we can -- we can create some savings.

Hopelessly outdated info on IMSC on Secure Strategy's
website. No mention of the BS-220. No mention of latest TSA QPL listing. No mention of IDIQ. Bolduc still listed as CEO. This was written years ago. Seems like their "strategy" is to keep a hidden gem hidden.

http://securestrategygroup.com/research/

https://www.fbo.gov/index?s=opportunity&mode=form&id=421d2331049bcce2b2b8f23ab0327006&tab=core&_cview=1

NEW PR OUT:
http://finance.yahoo.com/news/implant-sciences-move-forward-explosives-110000701.html

I expect a PR will be issued soon saying
IMSC has shipped X number of B-220s under the IDIQ.
fyi: the norm for payment by gov is 30 days net.

DENIED!!!!!! DENIED!!!!!! DENIED!!!!!!

What is redacting? How long does it take?
When a decision contains protected information, a decision may not be released to the public immediately due to the need to prepare a “redacted” version, which omits protected information. A redacted version is generally available 2 to 3 weeks after bid protest parties are informed.
[back to top]

When does GAO make its protest decisions publicly available?
It depends on whether the decision is subject to a protective order or not:
If a decision is not subject to a protective order, it will usually be available on this Web site within 1-2 days.
If a decision is subject to a protective order, the parties must agree to the release of a public version that redacts proprietary or source-selection-sensitive information. The preparation of a public version of a protected decision may take between a few days and a few weeks; however, occasionally, a decision may not be made public for months if other events, such as corrective action, would be affected by the release of the decision.
[back to top]

What kinds of redactions does GAO make to a decision?
We seek to issue decisions that provide meaningful and transparent explanations for our rulings. Even if a protective order is issued for a protest, information in the public version of a protected decision will be redacted only where it is proprietary or is source-selection-sensitive. For example, evaluation point scores and adjectival ratings, unfavorable or adverse past performance information, and total cost or price generally will not be redacted from a decision.

http://www.gao.gov/legal/bids/bidfaqs.html#23

House, in Reversal, Will Vote on Year’s Funding for Homeland Security

http://www.nytimes.com/2015/03/04/us/house-homeland-security.html?hp&action=click&pgtype=Homepage&module=first-column-region®ion=top-news&WT.nav=top-news&_r=0

Nah ... from oil industry subsidies

Homeland Security funding update:
http://www.wsj.com/articles/gop-options-narrow-on-homeland-security-funding-1425334486?mod=WSJ_hppMIDDLENexttoWhatsNewsSecond

Yup, also technicals have shown divergence recently

Even if they took it to court, which I doubt they would, the B220 would be sailing out the door unless or until they got an injunction or restraining order.

'Spect Morpho just got denied and that decision has leaked out, judging by price & volume in last few minutes

The other route available to Morpho after a denial,
aside from requesting reconsideration from GAO, is a Court of Federal Claims protest. But even one “appealing” a prior GAO decision does not trigger an automatic stay of the agency’s award of the contract or authorization of performance under it. Rather, a bid protester in the Court of Federal Claims must file and prevail upon a motion for a temporary restraining order or preliminary injunction to effect a delay of the agency’s procurement actions similar to that generally occurring automatically when a GAO protest is filed.

off topic: "director of counterterrorism" for U.S. State Dept arrested

for soliciting a minor online. What a loser.

http://bigstory.ap.org/article/377e73795a2645e6aa0a908ec5be41ad/state-dept-official-charged-soliciting-minor

Decisions are posted the day after they are made, generally shortly after 8a.m., at this site:
http://www.gao.gov/legal/bids/docket.html?openclosed=closed&agency=All&snumber=&protestor=&filenum=&now_sort=docdate%20desc,issue_date_dt%20desc&rows=10&searched=1&rows=25

Drones doing flyovers of sensitive sites in Paris
Just to keep some posts up on this site, tangentially related:

http://news.yahoo.com/least-five-drones-fly-over-paris-during-night-075004241.html

McConnell offers way out of Homeland Security impasse

http://www.usatoday.com/story/news/politics/2015/02/23/homeland-security-funding-immigration-executive-orders/23894349/

ETD Technologies / Global Market 2015-2020

http://homelandsecurityresearch.com/Explosives-and-Narcotics-Trace-Detection-ETD-Technologies-and-Global-Market-2015-2020

Here's a much better translation:
"Change in security screening at Swedavia’s airports
2015-02-20, kl. 09:00
On March 1, 2015, common rules for the detection of explosive materials will be introduced at EU airports.
Swedavia’s ten airports will introduce the new EU rules, thus complying with the regulations issued by the Swedish Transport Agency, the oversight authority for security matters at Sweden’s airports.
This means that random checks will be carried out on passengers’ hand baggage in conjunction with security screening. The check will be carried out using an explosive trace detector (ETD).
Passengers, who will be chosen randomly, should place their hand baggage on a table in order for a sample to be taken using the ETD, known as a sniffer. The check is quick, with the objective being to have as little an impact on the passenger flow as possible.
ETD checks are already carried out at airports in both the UK and the US."

http://www.swedavia.com/kiruna/about-kiruna-airport-/about-kiruna-airport/news/change-in-security-screening-at-swedavias-airports/

Effects of Homeland Security/TSA shutdown

Concerns Mount as Homeland Security Shutdown Looks Likely

“Bills piled up, contractors were sent home, vendor invoices didn’t get paid, hiring stopped, and pending contracts didn’t go through.”

http://www.nytimes.com/2015/02/24/us/concerns-mount-as-homeland-security-shutdown-looks-likely.html?action=click&pgtype=Homepage&module=first-column-region®ion=top-news&WT.nav=top-news&hp