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I doubt anyone took any advice from you.
However, you might think about being less of a scumbag and simply not post that trash in the first place.
This will be deleted, so there is no need to defend yourself (you can try, but it isn't really possible to defend that type of activity).
It dropped like 30% right before we got TSA qualification.
There were people just like you saying that people must be "in the know".
I don't care what you do with your shares, but you can't really make that argument when you actually view it through recent history.
That and the fact that you are completely contradicting yourself from like 2 hours ago.
But it's a defined process??
How does having money help with anything?
They don't care about going through it faster as long as they can meet the 2015 deadline for non nuke products/other requirements.
Money does help in a lot of situations, but I fail to see how it will make testing/report writing move any faster.
Anyone who thinks we're going to be the only player is this space is kidding themselves.
I never bought into that line of thinking. However, I do believe we have the best qualified product at the moment and that it is helpful that we manufacture our product in the US.
Outside of that, we will be sharing the space unless the handheld comes into play. Even then, I'd be surprised if the competition doesn't do something there, too.
The TSA is going to spread around the orders. Luckily for us, the pie is big enough to go around. I'd happily take 1/3 of the overall contract. For a company our size, it would be huge.
They toured our manufacturing facility!
I mean come on guys... Why would they do that if they weren't going to place some kind of order?!
You guys make up these arbitrary deadlines and then try to tell everyone that the sky will fall if we don't get an order by then. You did it WAY before we received the news on qualification and yet we ran all the way to 1.81 a share.
Think what will happen IF we get an order from the TSA.
The "64 million dollar question" is how large that order is going to be.
Because we are a stock that trades on the OTC.
If they felt the need to release a PR every time the PPS goes down, they'd be doing it quite often.
I'd prefer they stick to running the company and ensuring that we get a nice order from the TSA. If that occurs, nothing else is going to matter. The argument that the potential of the pps is constricted by where we start the run (which is what some people think) is ridiculous.
We may or may not get a large order from the TSA, but that is all that matters. That has been the case for over a year now. The difference today is that we are closer than ever and that that fact is impossible to deny.
I think it depends on the specific way a trade is executed, but it is possible for trades to be double counted.
No, I'm saying that because we aren't very liquid it is easy for them to move the pps any way they want because they don't have to worry about millions of shares being traded on a daily basis.
We can go long periods of time with little or no trades which means they can make a small trade and push the pps one way or another. People see that increase or decrease in the pps and either panic buy or sell.
They can do whatever they want because the stock isn't traded on a consistent (liquid) basis.
Because a million shares being traded is not a lot of shares. I know everyone here acts like that is a TON of shares to be traded in one day, but it is a sign that the stock isn't very liquid.
If you wanted to have a material impact on the pps, all you'd need to do is dump 100K shares ($100K) at the bid and let panic do the rest. Then you could load up on share at 1.18-1.20 and let it cycle through the process again.
Until we get constant revenue, it will continue to occur.
Because a million shares being traded is not a lot of shares. I know everyone here acts like that is a TON of shares to be traded in one day, but it is a sign that the stock isn't very liquid.
If you wanted to have a material impact on the pps, all you'd need to do is dump 100K shares ($100K) at the bid and let panic do the rest. Then you could load up on share at 1.18-1.20 and let it cycle through the process again.
Until we get constant revenue, it will continue to occur.
For the same reason it went down 11 cents on 11K shares this morning.
If you try to make sense of OTC price movements, you're going to have a bad time.
Keep your focus on the end goal and trust that the pps will reflect the event in the end. You can try to trade it, but you're typically going to lose unless you can devote a lot of time watching it and can take advantage of the quick dives (like yesterday).
Maybe if people didn't treat TSA workers like they are some of the worst people in the world, their morale would be a little higher.
It really bothers me when I go to the airport and see people be openly combative with the TSA employees when they are simply trying to do their jobs. I've never had an issue with any of them and find that the people who do are typically the people who are rude and aggressive from the start.
People want safety and security, but don't want any hassle.
I blame the media for blowing every incident out of proportion. If you hear about a "bad experience" once every couple of months, that means the TSA is doing a great job. They have millions of people to process in a day, yet the media makes a big deal out of the one exception.
Can be waived "for the public interest".... They can play that card any time they want.
We were forming a base at 1.25 so it dropped to the 90's?
That makes no sense... It's the same kind of move. You are just choosing to ignore the similarities.
I'm not happy that i've given my gains back, but there is no difference.
The same thing happened two weeks ago right before we obtained qualification and ran to 1.80.
I always find it odd that you guys forget about that stuff, so I asked WHY. It works both ways.
Care to elaborate on why it is so scary?
From my point of view, they told us what they thought would occur and it seems that things are generally following that timeline.
Once thing diverge by a significant margin (from the last update), then I will be concerned... I'd like to hear your side of things, if you don't mind.
My shares are for sale, but you won't be getting them at $1.74 a share....
I think that's the real answer.
I think everyone here would tell you that management has done a poor job with their timelines.
As you've pointed out, management has even admitted it.
The question is: At what point do we let it go? I think most people have done that. I question why anyone else would constantly bring it up...
I think you may be taking his quote out of context??
If you can't think yourself through the process, I don't know what to tell you.
To argue that they could sit on that news as long as they wanted to is ridiculous.
Either way, the pps would be in a lot of trouble if they waited another two weeks to release news. The approval doesn't mean anything once the order is announced.
Announcing approval and then an order maximizes value. If you do it together, all that matters is the order.
No there isn't.
It isn't a material event until the TSA signs off on it. The moment the TSA gives them the green light to release the news, the 4 day clock starts to tick.
But that isn't coming from Glenn or anyone else at Implant??
We have first hand knowledge from the TSA that they are buying.
You constantly contradict yourself... If you believe in the product, then you believe the TSA will buy it when they say they are going to buy.
If not, what are you doing here?
Who expects a PR and who expects a CC IF they get qualification and maybe an order?
I've always thought they'd do a random, middle of the day CC, to announce anything regarding qualification, but it looks like some of you think they will PR it.
It's not that important, but I'm curious.
You pretend that there would be no value in the stock if they didn't change the strike price on those warrants/convertible debt to $1.14. We'd be in the same place today either way.
It really kills your DMJR is out to get all they can, argument.
DMJR has made a lot of money, there is no denying that, but our fully dilute share count isn't that high when you consider where they've been.
If that is the case, why did Platinum elect to increase the price of their warrants from 8 cents to 1.17?
Your "astute" observation doesn't make a lot of sense when you consider that aspect of the deal.
They aren't fixing this because it's their older tech.
If the problem is officially recognized in the newer model, it will be interesting to see how they react.
Hopefully, it is acknowledged and the problem can't be fixed.
Why would they?
We aren't qualified yet ans we haven't gotten an order from the TSA...
You guys expect too much and end up missing the forest for the trees.
This stuff is definitely important, and it definitely makes it look like we have a great shot at being successful, but Implant is too risky for most sane people to invest in without some risk being taken off the table.
I don't care, and I know a lot of others think this investment is worth the risk, but a lot of people do. If we have as bright a future as some people think we do, the safer thing would be to wait for an order and then invest.
As obvious as it might be that Implant has a high probability of success, that is just how a lot of investors are, so they wait. We all know the events are positive and that the pps will catch up if we execute. That's the risk, but I'll take it for what I am hopeful will be a nice reward.
That's been there for awhile...
That isn't the new position.
Yes! Because that is how all successful companies are run.
Let's take advice from investors who have never had experience running this type of company.
If your opinion is so highly valued in the ETD market, why are you not working for the competition? They probably have a lot manpower and turnover.
Just because you think something is a good idea doesn't mean it isn't one of the worst things Implant could possibly do.
Why not give him a call...apparently, he listens to you.
Why is this a key date for the company?
The options are for once they get an aggregate of $20M, right?
You can tell by the updates they have been putting out that we should be the preferred vendor.
My hope is that our only limitation will be manufacturing capacity, but we'll have to wait and see.
I've been following implant for years and this is the first time I have been certain that TSA qualification was coming. People always complain about Cargo, but everyone knew the TSA wasn't buying on that news. We KNOW FOR A FACT that they are buyers when it comes to passenger screening.
If you think our competitors "went after us" because of that comment then I don't know what to tell you. It was a true statement. The knock on the 220 was that it wasn't qualified. That is the only downside to the device, so they made a true and accurate statement.
They are a growth company and have debt, but it isn't such a terrible amount that they can't recover from it. Most of it can be converted into stock and the rest can be paid back once the TSA places an order (that's how they'll know we're a viable company from a F/S point of view....they have the power to give us the money we need!!!..I mean my goodness you'd think that is obvious, right?).
It's possible that S/M could hold things up, but it isn't likely. What we do know if that everything is taking more time than anticipated with regards to the TSA. We are 6 months behind on them placing an order for ETD equipment!! Why aren't you going on about that?!
But that makes zero sense.
There are rules and regulations in place that are there because they want to make sure these products work the way they are intended.
Do you think they're taking longer than they need to because they don't care? No, they are following the guidelines that politicians have put into place.
To say something is wrong because we're following an established timeline is ridiculous.
This equipment is important. That is why it takes a long time to get approved and that is why it is really hard to make happen. It is important equipment, but there are two other units that currently meet the requirements. In the future, that won't be the case IF our competitors don't meet the requirements.
You guys need to stop making stuff up.
If I wanted to do that, I'd tell you how they have been pushing back their order deadline to make sure Implant will be a part of it. If they weren't, why have they pushed things back by a solid 4-8 months?
The problem with that is I have no way to back it up, so I'm not going to pretend like it is fact.
You would know. If a broker is allocated shares to sell in an offering, they would only make them available to specific people (high dollar accounts).
I don't know enough about Implant's past (from an offering perspective) to know how they have done things, but I highly doubt they offered shares to the public past any IPO they had. Most companies will sell any additional shares to institutional investors.
You don't have to be a partnership or a corporation to qualify for 1202 treatment, by the way.
"Directly from Implant" means from any initial offering. You can buy it from an underwriter acting on Implants behalf.
If you bought it directly from Implant, it would most likely qualify.
If not, it probably doesn't qualify.
Did you buy your shares directly from Implant?
All of that plus the fact that the contract that they "won" probably had a very specific list of qualified parties who could make a bid.
Isn't it common for them to release a bunch of PR's after a quarter ends?
Or I guess they used to do it right before an earnings release and CC, so maybe this is something different?
It doesn't really matter. A $400K sales PR isn't that big of a deal. The visit from the AAAE guy is interesting and the news out today isn't that big of a deal.
At the end of the day, external news has been more positive for us recently. Hopefully, everything is coming together at the right moment. I'm not banking on it, but I'd love to see a PLUG type run play out here.