imis...(put something here)
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Most on this board have known that for a very long time now.
It makes them a supplier to that contract. There's no such thing as "partners" in gov't contracts. They could also be considered a subcontractor. How big or small a percentage the consumables are as part of the contract is anyone's guess. SAIC is the prime contractor on this contract.
Direct link does not work. You have to go to the FPDS website at http://www.fpds.gov and search on Implant Sciences, find it in the middle of the last page of contracts listed with SAIC as the prime contractor, and find it that way.
IMSC is listed near the bottom as having the consumables. Even a small percentage of this is a large number.
It wasn't PR'ed. It was a SEC Form 8-K filing. Those who say they "shouldn't have PR'ed it", were they not supposed to report it to the SEC?
At least your wish before the New Year (in a now deleted post) that the stock would close in the 0.40's or even the 0.30's to "get" McGann and Liscouski didn't come true...
No one's going to issue a PR this week. It is a dead week as far as wall street goes, in between Christmas and New Year. And show me a transcript where McGann said he expected the stock to be at $2 now. You can't because he never said that, and you don't know what he thought the stock price would be by now. Sure he thought it would be higher than the current price, but doubt he thought it would be $2 at this point.
"The new sensor detects about a dozen different explosives". That's a whole lot less than the QS-B220 and even the QS-H150 can detect. If TATP is a commonly used explosive by terrorists, then it must be in the library of explosives the QS-B220 can detect.
LOL! I'm sure the TSA would see that as a real vote of confidence in the company! They've done everything they said they would do in terms of manufacturing and shipping to TSA and Europe. Just last week they said they were setting out to work on financing, give them some time! Funny how all of the sudden a week later there's calls for firing management, etc! Unrealistic expectations to expect them to get financing/partnership/whatever figured out just a week after they engaged those firms, if you ask me.
Thanks, that explains it perfectly.
Where is your proof they were a "no-show" and who is scrambling?
Agree about PR around Dec. 10 about FAT passing. That makes perfect sense to me and what I was trying to suggest yesterday actually, maybe I was not clear.
Really? So what's the market saying now about TSA delivery with a huge amount of buying this past half hour or so, lifting it from $0.47 to 0.55 with 150K shares bought in that timeframe to move the SP by $0.08 or so? Didn't realize the market's opinion of TSA delivery happening in December shifts from hour to hour.
It is the TSA that has strung us along, as well as Morpho's protest and the GAO taking its time in denying the protest, then the TSA adding new networking requirements, etc. That's just recent events, but the TSA has worked at a snail's pace in even qualifying the equipment, although again, anyone who has worked on gov't contracts know there are often delays, usually on the gov't side, as deadlines come and go. Fine, hopefully there will be an announcement that formal Factory Acceptance Testing has begun, but I was seeing people demanding there be a PR that the systems have shipped this week, and I can tell from the transcript that is a false hope. Sometime in the next few weeks for sure, that is sometime this month they ought to get shipped, based on my experience with factory acceptance tests.
If you read the transcript carefully it says begin factory acceptance testing first week of December. This is how false expectations get set up, and then claims the company is lying, etc. I see nothing that says the systems will ship this week, but it is fair to say for sure they will ship in the next few weeks. Below is a quote from the transcript, and anyone who has done business with the gov't knows factory acceptance testing (despite comments in the past on this forum that it shouldn't be needed) is standard with any gov't contract, and may take more than a week depending on the length of the tests and the number of units. A gov't witness must sign off on the test of each individual unit, it is written into any gov't contract delivering hardware and/or software, and is a lengthy and tedious procedure. I have been on the contractor side and have been part of these tests where a gov't representative, is sitting beside me as the tests are executed and taking detailed notes. For this device it may be simpler than complex systems I've delivered with hundreds of discrete functions, but it may be just as long for 400 units with a single function (but detecting many types of explosives) vs. delivering 10 units with hundreds of functions each which I have done. Again, the transcript verbatim (except a few parts are bolded):
"We actually have a firm date from them that says they are now coming to our facility in the first week of December to begin doing their process, which is called factory acceptance test and evaluation or FAT testing, and that is the precursor to the common name, inspect all the system if they are compliant with the configuration items that were approved and they signed off on it and then we start stripping them to be installed."
Note: they did not say a firm date for shipping, they said a firm date for testing, they did not say they are shipping this week!
I think that's what Zacks really does, they cover a lot of stocks and their recommendations seem to change when the technical analysis changes.
The IMSC category included both ETD and EDS devices which is interesting, I was thinking in previous years it was just ETD but I may be mis-remembering.
He mention in-line ETD, probably as either part of a portal with EDS technology or else in a conveyor belt passing baggage through xrays and ETD. In both cases probably using the sniffing vortex technology. Anyone who's visited the company has seen both of those in prototype form in their lab.
That's correct, but all they can do then is match a better refinance offer from another lender, so they can't really undermine it. If someone makes an offer to loan IMSC money at a lower interest rate than DMRJ is willing to match, that's too bad for them.
Sure, glad to point it out, also in the same post you said the lowest price he could buy shares now would be 0.73. Plenty of opportunities much lower than that all 3 days so far this week.
Funny how Europe has been buying that "old technology" QS-B220 that you referred to, isn't it?
Who called it would hit 0.80 on Monday and close at 0.77?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=118343551
Who called $1.50 right after Bolduc's removal?
Perhaps IMSC rejected their offer for being too low.
Fidelity shows that number of shares traded already.
It doesn't seem like they are preparing for any buyout either. Wondering what higher salary/more stock options they got with these promotions. They have been real busy promoting all the senior execs and patting themselves on the backs, let's hope they are putting the same energy and enthusiasm into everything else!
Re-arranging the deck chairs? Management patting themselves on the back for job well done?
IMSC Implant Sciences Announces Executive Promotions
Todd Silvestri has been promoted to Chief Operating Officer and Dr. Darryl Jones has been promoted to Executive Vice President
?? The funds should already have been approved or else how could they have awarded the contract. Either that or something is not as it should be. If we have to wait for Congress to approve it we'll be waiting awhile! Hopefully the TSA agent doesn't know what is going on with how contracts are awarded and funded or else we may be in for a longer wait than we thought for the TSA contract to start shipping!
Dead cat bounce?
Why isn't IMSC exhibiting there and putting out a PR about it? They did back in 2013: http://www.prnewswire.com/news-releases/implant-sciences-to-exhibit-its-explosives-trace-detectors-at-inter-airport-europe-in-munich-germany-226758751.html
Update:IMSC is exhibiting there but why do they not PR it? http://www.interairport.com/europe/english/exhibitor-list/#i
Morpho is much better at publicizing than IMSC!
I am selling today. Too much manipulation of this stock, especially by some on this board and one certain someone in particular! I'm going to cut my losses and run far away from this heavily manipulated stock! I just wish I knew it was going to be manipulated like this!
Yes, make it a sticky and take down buff's sticky post already.
What's your point in posting that? Anyone with a clue can read the SEC filings. Your original post was back at end of August, BEFORE they filed the NT 10-K. So back then, indeed it was scheduled for 9/28! You seem to want to prove you are always right, and that you correctly predicted it would be on 9/28 despite the NT 10-K that was filed on 9/14. Anyone else at the end of August reading the SEC fillings would have said it would be on 9/28 too. So what is your motive in posting that? You have another post where right after 9/14 where you call them out for the delay! You seem to expend a lot of energy convincing people on here you are always right, when you conveniently cherry pick your posts to prove that, "Cuz". And you are talking to yourself too!
In your saying you wonder if the company has even delivered one unit to the TSA a year after the award, you seem to leave out the fact that the contract was under protest for 4 months, thus delaying any work on that contract for the whole time the protest was resolved. It also is highly probable that IMSC has shipped units to the TSA now, given that the protest was resolved in April.
If you think the deck is so stacked against IMSC, one wonders why you invest in it. Or you don't really believe that, but post that for some reason, which one wonders what the reason is.
One wonders why a person who believes the company may be running a scam is invested in the company.
There's two possible choices here:
1. He doesn't really believe that, but is posting it for his own purposes which probably so he can convince others to sell while he is trying to accumulate at a lower price.
2. He believes that, but then it begs the question why he is invested in the company.
Who are "The club guys"?
What is "da Screetch"?
That is really great buffalop51. Good to hear you are sitting on the bid and snapping up shares, thanks for contributing to all the buying volume on Monday! You must now be one of the biggest IMSC shareholders, and you sure are getting ready for when it takes off which should be soon. Then the pros will discover it and it will go even higher!
But surely you aren't losing money on IMSC buffalop51?
The company does not want to share their success with the shareholders! TERRIBLE!