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I'm not wrong. There is only one place the SP can go from here and that is up. Now the amount of shares you own and the overall value of your holdings can still go down with reverse splits.
No need to call names
share by back? In the history of all penny stocks, how many have actually done that? Why wouldn't they just do a reverse split...?
What would you do if this was your company? If they had money to buy back, why did they dilute it so badly?
That doesn't make any sence what so ever. If I wanted 0001's I would just bid 0001. I don't have to do anything to buy in. This stock isn't going anywhere fast.
My question was, What do they have in the pipeline? because even if this stock produced 10million in revenue, it still wouldn't be worth half a cent a share.
So short of them winning the lottery + poweball and donating it all to the shareholders, this thing is worth nothing with that share structure.
So I ask again. What is coming? Maybe a nice pump and dump soon to rip a bunch of people off?
192mil and this thing is still at .0001? Is this thing being majorly dilluted?
20bil shares? HAHA!
So someone convince me why I should get some shares of this please. I'm tempted to throw a hundered dollars in just incase it moved one day. there is only one direction it can go from here lol.
Seeking Alpha Author's Monday AM Comments - Pre-US Government Agencies Contract News
Implant Sciences Banks Largest Order In Company History
Last week we noted that Implant Sciences (IMSC) was making significant strides in global sales, even as investors awaited final word from the Transportation Security Administration (TSA) on validation and approval of the company's Quantum Sniffer (QS)-B220 explosives and narcotics trace detector in use for air cargo screening. That trend was exemplified again on Thursday as Implant announced shipment of the largest order in the company's history - a deal for six million dollars worth of QS-H150 handheld explosives trace detectors and associated support destined for India's Ministry of Defence. This deal comes on the heels of numerous other orders to high-threat regions announced over the past few months and could be a key reason why one Implant employee noted that the production line was "bursting at the seems" during a media broadcast aired this summer.
Shares spiked to over the $1.30 mark when the news was announced on Thursday, but closed Friday down by over eight percent on volume nearly double the norm. Investors should note, however, that there is a group of shorts in this stock that has been looking to keep the share price down and those guys won't like news of a six million dollar order.
Monday marks a key date, too, if not for the company, at least for the sector into which it intends to move. According to previously released information by the TSA, come December 3rd all air cargo inbound to the US on passenger airliners will be expected to be screened for explosive traces. The QS-B220 could be positioned to play a large role in making that happen, should it pass the testing and validation phases with the TSA. With enthusiasm risen as a result of the India order, investors will now anxiously await any potential TSA news.
As noted in previous discussions, Implant's QS technology has significant advantages over its competitors, most notably that it does not use radioactive particles to do its job. Implant's Sniffers also offer a much quicker 'clear down' period for rapid use, meaning a QS only needs seconds to reset itself for another test while the same action for competing technology takes minutes.
I think the TSA approval is still the golden ticket for this stock. Without it people are still scared to risk money in these hard times. From their point of view they will miss out on some moeny maybe, but they won't lose any. I happen to know someone standing by with 100K waiting on the approval. They told me that exact thing.
I'm really happy again with this stock. I was getting a little shaky, but I think we have plenty of money now to keep DMJR happy and now the ball is rolling down the other side of the hill.
could be an all or none bid
So with some government agencies ordering from Implant, one can only assume that we have been approved.
From what I understand, they can only buy stuff like this from a list of approved vendors right?
Someone please chime in, but I think someone just let the cat... RRRight out of the bag!
Its awesome news. Who knows whats going on at this point. I would of rather had all this news after approval but I'll take what I can get.
Probably right, but still its really frustrating right now to watch the shorts win over and over again
IMSC is great don't get me wrong. I think they have done everything in their power to make everyone happy including shareholders. Right now its out of their hands.
My fears are the TSA takes too long and DMRJ pulls the plug because they are just tired of hearing excuses. They did give them a deadline remember? Thing is I believe they will cash out their shares before that and we will be left with nothing.
thats just my fears personally when I see things get pushed back again and again. Something similar happend to me in another stock and it wasn't pretty
Believe me I know. But december is the last month IMSC has to get an approval. Then their debt is up and then what? There are 2 sides to every coin. TSA doesn't have to give us anything reguardless how awesome our product is. There was an article out this morning talking about the incompetence of the TSA and how it should be gotten rid of. From what I've seen lately out of the TSA, I would not be suprised in the least if they were holding us back until someone else capitolized on the situations at hand.
Maybe I just need to go get a cup of coffee :)
Yeah I had been thinking the same thing. We don't even have TSA approval so how would we get picked? Oh well another day doing the grind it looks like.
Starting to look like we will see a major sell off on monday. Really wish TSA would stop dragging their feet. Seems they are just as incompetant as that article stated.
So who won? I take it we didn't because it isn't posted everywhere.
What would you like us to do? At this point I don't think anything else can be done. The very life of this company depends on this TSA approval. Now even tho everything we are told by the company tells us there is no way we don't get it, you really get alot of doubt at this point. I believe they will get TSA approval eventually, but this is my problem. When? Its getting close to a point where DMRJ is going to want to see some results.
Don't get me wrong, I believe in this product and I think it could be used for alot of good. I want to see this company succeed more than anyone, but we are walking a thin wire right now. TSA is draging thier feet and if they decide to put us on the back burner for another month or 2 then there is nothing we can do.
Another reason IMSC needs to be the #1 in airport security. How many other devices would be able to detect this? At least we would be able to detect the bullets...
http://www.dailymail.co.uk/sciencetech/article-2238605/U-S-start-plans-share-3D-printable-firearms-FREE-Internet.html
HA ha. Yeah me too man... I'm hoping it doesn't come this week. Maybe that will help too :)
forgive my ignorance but what exactly does this mean? Or how is it good or bad?
I don't disagree that the approval by december 3rd means little to us that know the true potential. My point was merely that it can be the ammo the shorts need to scare people out of their shares and drive the price down. If I were short on this, then that would be the angle I would use to profit by playing short.
The true longs aren't going anywhere, but the short term holders looking for a quick buck could be easily scared out of their shares.
I wouldn't be suprised if it was getting shorted just like it says. Look how often this thing goes red... I'm not selling. All the longs seem to be here and not selling. You mean to tell me more and more people are selling out everyday and moving on that have been here for awhile? I highly doubt it.
The shorts are banking on us not getting approval by December 3rd. Now given the current circumstances, that might actually be a safe bet. Glenn said himself they probably won't get back to our device till after the Thanksgiving holiday. We also know how fast the TSA is at getting things done...:T So if we pass that up I'm sure it will drop again and the shorts will cover.
It doesn't really matter if their products could one day be in every cop car in the US. Or be in robotic form for the military. the potential for the company is here no doubt. But the delays at the TSA make it very easy to put doubt in peoples minds and short this thing to death.
Very, very soon can mean anything. A month is very, very soon compared to 5 years.
So it seems like if you don't have any pull or politics with the TSA then you have to go through the long drawn out processes of getting approval. Other people seem to get pushed through cause they are in the click. With this getting exposed it just gives us more area to move into.
Just more crap gone shady with our country...
Anyone have an opinion on how the proposed tax increases, Obama care, and the Obama administration as a whole will have an effect on implant sciences?
Looks like we are selling these things everyday. at the least we could build a nice foundation of customers interested in our products
LOL can't hate a guy for playing both side to make a living. I'm just happy i didn't sell yesterday. Man I was questioning all my DD thinking I missed something and screwed up big time. Would really be nice to get as much now as possible. This stock will be a big win for us.
Looks like everything is alive and well at IMSC. Hopefully we taught some people not to short this stock. I for one am very satisfied with everything that was talked about and will be looking for more ways to add to my position while the price is so cheap. Like it has been stated before, the TSA approval will trigger a large number of sales just waiting to be inked.
Great Company
great news so far. Backlog and plenty of people waiting to buy apon a very promising TSA approval
I can't get through to the conference call. anyone get in?
I really hope this is good news or it could really suck in here
So they are hosting a conference call to tell us some news? wouldn't it be best to just PR if there were good or bad results of the testing? Or does this have anything to do with that?
Hopefully we get a good PR soon even if it isn't the one we need so we can squeeze these shorts. that might get our price back up before the real news. just speculating at this point... sucks when there is nothing you can do but sit and wait...
I really wish I had the money to buy more shares at this level so I could average down at least.
Well it looks like today is going to suck again.... WTF is taking so long from the TSA seriously?? It's been almost 2 months that they have been actually testing on this thing?
Ok thank you. I about had a panic attack. So do you think this tells us the size of the contract we would get if all goes well?
Isn't this the contract we were looking for after we got our TSA approval? If we get approval tomorrow what contract will we be going after?
How? People are selling short. Why? I have no idea. Just like everyone else in here I would like to know why you would short something this close to taking off. I know I don't have the nerve to do that.
wow this thing has been shorted to death...
This thing is steady getting attention. We should be in for quite a ride soon. I can't wait, it's been a long year for me.
So from what I read they are done testing and now what? How long till they dish out the actuall approval? I take it that this is why it hasn't jumped up to unseen highs yet?
So if this is true then that would really raise some concern I think. I wonder if brian is aware of this? Might be worth emailing him about it just to make sure he is aware and has gone through all the proper steps. It would really suck to see this product get banned because of something like this... guess I have more DD to do