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buy @ 1.03 (or 1.05 for you) sell @ 1.12... nice flip
lucky, lucky guy...
I hear you, could have been for anyone of a number of reasons (loss of a job, rumor of another high flying stock, etc...)
I have no fear for IMSC (though my average is 1.16) all roads lead to Rome
again, lucky, lucky guy...
tears of sorrow today, tears of joy tomorrow...
today's SP is a complete joke, IMSC is really executing everything according to plan & everything points to BIG orders in the coming weeks, it's hilarious people would jump ship on the eve of greatness. Wish I could say I was picking up more in this ridiculous unpredictable downturn, but "all in" is exactly what it means to me... lucky bastards today...
Yes I like this a lot, I've spoke of Oct 28th several times in the past & though there will be no sale from this, I think this conference is a MAJOR deal for IMSC & am excited to see the impact of today's conference
I agree, the signs are clear, the potential is Hugh & all roads are leading to IMSC's inevitable success, just wanna see it get kicked into high gear is all, definitely a great day to be a share holder
I hope you're right, the best way for them to show they want it would to do the same for checkpoint
Agreed "you gotta be in it to win it" there are a few people I know day trading IMSC (somewhat successfully) not for anything other than to actually be able to buy more shares. Which is great if they can continue with their success, but I question if it will be all worth it if the day a double whammy comes out like "TSA approves B220 for checkpoint & places order for 100mn"... If they happen to be out at that moment... All their efforts go right out the window...
Dry Ice Bombs
donno if we'll be able to help protect against this, but the more focus on bombs in airports or plains, the more $$$ the Gov. is likely to spend to prevent them.
Just last week we heard about the 4 passengers doing like a dry run on a plane. & several high ranking individuals mentioning bombs on planes are still considered "the Gold standard in terrorism"
I also remember the week before the US elevating the state of a threat...
http://www.gsnmagazine.com/article/34458/dry_ice_%E2%80%98bombs%E2%80%99_threatened_los_angeles_internation
Lol, one day we'll both wake up rich...
Nothing but a sale will pick this stock off the floor
I would say the article will go mostly unseen by most (except those with email alerts already setup for IMSC). It is not a PRO article & the writer of the article has very few posts & just as few followers...
But it is nice to see just the same
I would say the article will go mostly unseen by most (except those with email alerts already setup for IMSC). It is not a PRO article & the writer of the article has very few posts & just as few followers...
But it is nice to see just the same
IMSC should sell to these guys...
http://www.gsnmagazine.com/node/33940?c=cbrne_detection
I completely agree with you, I have no blame to place (only on my self if it went belly up), but in the not so far off future, I'm confident I will be the one laughing, looking back at the incredibly low buying price I got of 1.16
I'm not going anywhere
Math:
Q4 expectations -9c, actual was -10c earnings was 2.4mn
Q1 expectations -9c & we know of 1 sale of 3.5mn along with a few others, so unless they increased their expenses significantly... we should have no problem beating Q1s expectations
I feel like the guy on the CC who bought in at 14$... This is officially the highest amount of loss I've allowed myself to endure...
on the next CC I'll be the guy who said he bought at 16, Glenn will say "16 cents?", "No, 1.16" then you can all laugh at me...
I feel like the guy on the CC who bought in at 14$... This is officially the highest amount of loss I've allowed myself to endure...
on the next CC I'll be the guy who said he bought at 16, Glenn will say "16 cents?", "No, 1.16" then you can all laugh at me...
IMSC coverage...
I'm sure this is nothing new to those following this board, but thought I would share it anyways (take the good with the bad)... But without this well known debt issue, there's no way we'd have the opportunity to pick up this Gem to be @ such low prices today
http://www.themiddlemarket.com/news/turnaround-tuesday-implant-sciences-needs-capital-to-fund-operations-244605-1.html
TSA back to work...
These guys better put the peddle to the metal... don't wanna be looking at the same situation in another 3 months
http://finance.yahoo.com/news/senator-deal-avoid-default-open-government-145524744--finance.html
DHS Awards Morpho 10mn...
http://www.gsnmagazine.com/node/33766?c=cbrne_detection
though it's not exactly good news, it's for x-ray bomb detection, it's good to see there is still money to be had.
Wouldn't mind to see a similar contract to IMSC, say "DHS awards IMSC 10mn to develop next generation Mass Spectrometer"
noticed IMSC isn't listed to attend the Homeland Security Expo in Washington Oct 15th - 18th... Morpho is listed though...
http://www.homelandsecurityexpo.com/Sponsors.aspx
Has no meaning, but would have preferred to have seen them on the list.
I'm sure the companies who need to know of IMSC already do
If only there was 1 piece of equipment which did both...
??
Another newbie question...
Trying hard to figure out how many fully-diluted shares there are...
In my trading platform (TD Waterhouse) it says IMSC has 22.12mn shares outstanding
In IMSCs Fact Sheet (http://www.implantsciences.com/IMSC_FactSheet.pdf) it says they have 57.6mn outstanding shares with a float of 55.9mn
In SA article (http://seekingalpha.com/article/1122671-has-the-tsa-opened-the-door-for-implant-sciences-to-make-500mm-and-maybe-more) there are to mentions on share count, 1 saying the fully-diluted share count is 128 million shares. Another claiming there are about 110mn shares "There are currently 39 million shares outstanding, for a market capitalization of $51 million. However, the annual report reveals that convertibles and options, held mostly by DMRJ, amount to around 70 million additional shares if exercised"
In SA article (http://seekingalpha.com/article/1500502-why-im-betting-big-on-implant-sciences) another clams there is a share count of about 125M.
their 10K says "As of September 23, 2013, 57,651,049 shares of the registrant’s Common Stock were outstanding"
&
"We are authorized to issue 200,000,000 shares of our common stock. As of June 30, 2013, there were 57,655,594 and 57,645,049 shares of common stock issued and outstanding, respectively. However, the total number of shares of our common stock issued and outstanding does not include shares reserved in anticipation of the exercise of options, warrants, convertible debt instruments and convertible preferred stock. As of June 30, 2013, we had outstanding stock options and warrants to purchase approximately 21,685,353 shares of our common stock, the exercise price of which range between $0.08 per share to $10.00 per share, and we have reserved shares of our common stock for issuance in connection with the potential exercise of these instruments. As of June 30, 2013, the outstanding balance due under the senior secured convertible promissory notes issued to DMRJ was $27,184,000, of which a $3,184,000 senior secured promissory is convertible into shares of our common stock at $0.08 per share, a $12,000,000 second senior convertible promissory note is convertible into shares of Series H Convertible Preferred Stock, which preferred stock is convertible into shares of our common stock at $1.09 per share and a $12,000,000 third senior secured promissory note is convertible into shares of Series I Convertible Preferred Stock, which preferred stock is convertible into shares of our common stock at $1.18 per share. DMRJ also holds 16,167 shares of our Series G Convertible Preferred Stock, which are convertible into 1,616,700 shares of our common stock. To the extent such options, warrants, convertible note or additional investment rights are exercised or converted, and to the extent that additional shares are issued under the strategic advisory agreements, the holders of our common stock will experience further dilution. Stockholders will also experience dilution upon the exercise of options that may be granted in the future under our stock option plans. In addition, in the event that any future financing or consideration for a future acquisition should be in the form of, be convertible into or exchangeable for, equity securities investors will experience additional dilution."
If my interpretation of this last paragraph is correct, there are 2x 58mn shares + 21mn in options & warrants, or aprox 137mn shares. Any feedback would be appreciated. There is a whole lot of other BIG words in the 10K I may not have interpreted correctly also... This will obviously play a big role if/when there is a buyout
Thanks, Thai
So option 3! I'm with you!
so in your opinion:
1) The budget money went to Smith or Morpho?
2) They didn't use the money & risk loosing a portion from next years budget?
3) They are tying it all together working with TSA to do a qualify/purchase all in 1 go?
4) Gov shutdown froze the money (I don't think so)?
Personally I'm hoping the one they couldn't disclose would be from the US Gov. Their budget ends @ the end of September, new Budget @ the beginning of October, the time-frame matches & could be quite BIG indeed!
Good timing to get their STAC certification
do you really believe we will have to hold IMSC for years?
I bought this stock because I truly believe it will get bought out in the short term, I think I've lost sight of that along the way, but let's face it, it's still very likely they will get bought out in the short term. Some of the reasons I believe this are:
Glen Has an impressive track record of selling the businesses he has been apart of in the past & may very well have been the reason he was brought on-board in the 1st place
The company MAY be worth more over the years, but I believe DMJR as most investment companies are always looking for the best exit strategy & there are a lot of shares held by the decision makers (all good signs)
This is a growing market any large player would love to have a stake in & IMSC has positioned itself well (not only being the only non radioactive product which will lead to a larger market to which Smith & Morpho have no access to, but the competition only detects bombs where as IMSCs equipment also opens the market to drug detection as well, not to mention their impressive line of next generation equipment which could qualify based on TSAs next qualification requirements) So a company would be buying IMSC not only for today, but for the future as well
Like someone has said before, this stock is like a coil getting tighter each day & eventually it's going to pop, I have a hard time believing Smith or Morpho won't want to pick up IMSC rather than loose a good portion of the market, but I also think they won't be the only 2 companies interested in the acquisition & may not be able to outbid some even larger players
But I also believe, the longer we forgo a buyout, the more market IMSC will capture driving up the pps
Just my 2 cents
Agreed, just pointing out who I think would be the best candidate
Best fit for an IMSC buyout would be Lockheed Martin in my opinion... Very Large, American company, strong connections with the Government & there is a lot of focus on providing products to support the fight against terrorism. Who could ask for a better fit... Someone should give Marillyn Hewson a call to make sure she doesn't let this great acquisition get away!!!
my 2 cents
Maybe so, but was relevant to figure out pricing
EXCELLENT find!!!, it's still a rough number, but most likely close to the real deal, thanks!!! So to all, it's 48K
http://www.implantsciences.com/pdf/IMSC-GSN-June2012.pdf
So I highly doubt they will only be making 40/month to reach the so called 24mn for 2014 operating @ just 1/5th capacity
Very good news!!!
Now if they only sold close to 100 units for 2013 x 48K = 4.8mn, rev was over 12mn, I guess the 150 is flying out the door
Do you have a link you can share? What am I looking for? Pricing?
I read several posts, for example Post 8354 by faxedreceipts among others that hinted at it & when I last spoke to Glen I hinted at it (in retrospect, I should have been much more direct with the question) I said "& we all hope you become EBITDA positive so that you get your well deserved stock options" & he more or less laughed at it...
I really thought I'd be able to find it again... But no luck, it wasn't from an official site or anything, think I got it off one of the many IMSC message boards, sounded right because they didn't say 28K, they said an exact number like 27,828 or 28,276 "each" or "per unit", so I generally accepted the figure as my own (28K) but I can't state this as a fact... I tried searching Google for any combination of words I could think of (buy, cost, per unit & 27 or 28) but wasn't able to pull it up again... Too many posts, too little time...
Like I said, the # isn't official & could be WAY off, personally, I like your numbers even better & it actually makes a whole lot more cents when you think of it, they sold 100 units, but have revenue of over 12mn, wouldn't make cents they'd only have made 2.8mn from the B220
But that makes the numbers even more pessimistic 24 mn / 48K is only 500 units / 12 months is only 42 units/month (or just over 1/5th capacity, non including the 150) doesn't make much cents
I'll keep looking to see if I can find the original post
24 mn / 28K per B220 (not including sales of the 150) let's call it 852 units / 12 months = 71 units per month (just over 1/3rd capacity), I wonder what their capacity was in their old location? (23,000sf to 58,000sf), just hope they're not running before they learn to walk, but Glen & DMJR have been around the block a few times before to know how this all works
If there was no end of life of grandfathered equipment, there was no STAC cert to start selling the ONLY ETDs in France & several other EU countries, TSA & DHS distributed funds equally between the 3 companies & they had an equal to competitor product, I'd say you might be right...
with an EBITDA break even point somewhere at 5 to 6 mn/quarter, I think we may get there this quarter or next. And we all know Glen & Friends only get their stock options if they become EBITDA positive by February & I know they really want to get those shares
If one believes this is an average company, without any catalysts & is likely to hover around these prices for another 6 months, all hype with little hope, there are many good companies out there that would surely turn a better than flat market for the next 6 months.
I'm relatively new to this whole 3 ringed circus, but I did manage to double my investments in 9 months prior to IMSC, I was on a role & quite sure I could continue, but I'm not in this because I have no clue & I'm not going to be satisfied just to have doubled on this one. a friend asked me if I'd sell if this goes to 4$, my answer was no, it's just a sign we're headed in the right direction. Don't worry though, I won't be like that guy on the CC who said he bought at 14 (Glen: at 14 cents? - Dumb Investor: No, 14 dollars)
Seriously, I agree, the price makes no cents at all, can't wait till we get NASDAQ listed & they won't be able to beat down the price anymore
That's AMAZING, thank you!!! as this is my 1st full year as an investor, there are still a lot of ins & outs I'm not aware of, so excuse my newbie questions
But I'm betting the farm on IMSC... I've done an incredible amount of reading about them, their products, the Management (our all-star Glen, who is 3 for 3 on selling companies so far), the market they're in & decided to bet the farm. I've never read about any company that will have as bright of a future as them & believe this is a once in a lifetime opportunity!!!
My biggest hesitations were their debt load (but I think they did what needed to be done, takes a lot of cash to hire the right people, develop a new product & jump through all the hoops set in front of them, all before making sales) & that it was a dreaded Pink Sheet OTC stock (with so many official government sites & certifications recognizing them, put me at ease)
P.S. ThaiLove is because I Love Thailand & plan to retire there once this is all done with, cheers
Thanks for clearing that up! So our recent shippers were also not in the financials then
I noticed the next date was set for Mid November, but thought it to be a little odd that it would be so close... Less than 1.5 months away is strange, no?
This is exactly what I was aiming at! They more or less have to use the budget or there will be a negative impact... I personally don't think it's because of the shutdown because National security & other critical spending is not frozen & what ever decisions they "would have made / did make", would have been concluded well before the shutdown, my best "guess / hope" is that it is the sale they can not yet disclose
Also, we can assume it wasn't spent, or not reflected in last quarters results, because the numbers would have painted a much different picture as the allocated budget would be more than IMSCs revenue for the entire year.
My 2 cents
Question: say they made the sale to the Government, would the numbers appear in their financials right away? or after the order is filled? or only once they've actually received payment for the products?
Let's hope...
Let's hope either it could not be disclosed, or hasn't been used yet because they are waiting for the "i's" to be dotted & "t's" crossed for qualification before laying down the BIG GREEN