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No company is perfect. Most of us understand the risks in investing especially in a penny stock.
So there is no other side Zoran. I’m in the black.
I’m just interested in knowing other people’s opinions.
Care to share why you’re not concerned?
Like many others, I am excited about recent events and the direction of the stock price. I'm also the owner of more than 100K shares.
But I'm also puzzled. Do other DECN bulls share my confusion/concern regarding the lack of audited financials for several years?
This is interesting. Any ideas on what is happening?
Thanks Johnny C
So if what you and others are saying is accurate and if the upside is limited and you are almost even, why stay invested in DECN?
For those of us who need help understanding the significance of this situation, can someone explain if IMSC's growing business contributed to OSI's fall and is there a direct or indirect effect on IMSC as a result of the OSI downturn either short or long term.
Do you see "renewing" with DMRJ as positive?
Is there a plausible reason why DMRJ and maybe others have stopped selling? It's easy to understand why few people are buying but I'm wondering why DMRJ would hold off selling their .08 shares. Are there potential financing scenarios that would explain this quiet time?
To us all!
Picked up 18,000 more shares yesterday.
If DMRJ is responsible for the recent selling and drop in the stock price, what message are they sending?
If DMRJ is not responsible, what could be the reason for the freefall?
Perhaps, yes.
When Bush receives 50% of the votes THE SECOND TIME AROUND and Trump is leading substantially in the polls, then yes, I believe some people are ignorant enough to be swayed.
That is not my point, however. I believe that the attempt to manipulate the stock price is wrong, I wasn't talking about the effect.
It is the attempt to deceive that bothers me. Whether of not, or to what degree the stock price is affected is superfluous to my opinion.
I agree there is nothing wrong with flipping shares however, when the short-term buying and selling is preceded by specific comments designed to manipulate people's decision making, it is wrong.
I'm confused humnow maybe you can help to clarify.
"Number TSA plans to purchase fiscal year 2016-2020"
I believe you interpreted this heading on the table on pg 4 to mean 1013 units sold over all five years?
If so, is there precedent for interpreting it in that way, is there additional data to support that interpretation, or is it simply the way in which you choose to interpret it? I'm still unsure if it means one or all five years.
Page 4
"Number TSA plans to purchase fiscal year 2016-2020" It is unclear. 2016-2020 is not a fiscal year.
Does 'fiscal year 2016-2020' mean 1013 units per year or 1013 units for all five years?
Is there clarification in the body of the report?
We bought 10,000 more shares today which for us is a lot. Total commitment.
We believe.
You might be correct Pat although I wouldn't rule out anything happening at this juncture.
Seems to me that most of us were looking for big things from a company that simply couldn't get out from under the deluge of factors including debt. So maybe the 5-year plan has become a 7 or 10-year plan. Certainly more patience is necessary. The company is making good decisions and they continue to sell and update their product.
In my opinion, if IMSC continues the success they've achieved in the last year for the next few years, much of what is being discussed on this board will be moot. More importantly, IMSC will have a much better balance sheet and of course, the stock price will appreciate substantially.
So I tell myself to get a life beyond IMSC, be more patient, and let the experts at IMSC continue to make good decisions.
I'm far from being an expert but it doesn't take too much intelligence to see a stock, with good news all over the place, fall intra-day from .82 to .645 on 450k volume. Someone has the ability to play the emotions of many and is making money.
The good news doesn't seem to positively affect stock appreciation but instead, fuels someones ability to manipulate the stock price.
I don't believe DMRJ is totally to blame in fact, I agree with Ted that it's in their best interest to wait.
We're being played and I don't think anyone knows by whom.
I expect to hear tomorrow that TSA has signed off and shipments will begin or already have. But I don't think this will be the catalyst many think it will be.
Thanks Pat
Despite the share price and some other management decisions that some folks disagree with, imsc has put itself in an enviable position. At the annual meeting, they put as much emphasis on drug detection as they did trace detection. In my opinion, they are making sound business decisions designed to keep them in front of their competitors and to make the company a more desirable acquisition.
One way or the other, I'd be surprised if imsc was still around this time next year.
Good luck to us all.
Pat
Do you mind my asking if you are a shareholder? If not and you are, could you the share the reasons why? Also, what are you thoughts going forward, both short-term and looking ahead six to twelve months.
It's refreshing to read the ongoing dialogue yesterday between Zeynoc, Ted, KB, and a couple of others. It was a civilized communication that was honest and informative. It's easy to identify the honest long-term shareholders.
Then came the yahoos from Yahoo.
I haven't sold a share and don't plan to.
At what point does a 56 cent stock price interfere with implant's ability to win contracts?
.553 bid and .6199
What's going on?
Not sure what to make of todays action. Could be a shareholder dumping, DMRJ selling, or a host of other possibilities. Although I have little experience, I have held shares of imsc for 4 1/2 years and nothing that happens with this company surprises me. Todays action, to me, is just another example of people with a lot more money than me trying to make/save money. I listen to a lot of more experienced posters on this site stating opinions but in the end, most of us don't know what's really going on. Some people think they may know what's going on but obviously, they don't. I choose not to get caught up in the hyperbole.
I've met Bill and members of his management team while attending the shareholders meeting. Although I don't know the stock market I do know a little about human nature. The people I met and spoke with impressed me. Maybe I'm naive, but I believe in this management team. Granted, Bill has a Ph.D and not an MBA and I'm scratching my head at the way he handles some things but, I have faith that he and his team are doing everything they can to make imsc successful.
A lot of posters talk about debt yet Bill didn't/doesn't seem as concerned as many others are. I wonder why.
Todays variability was scary but i realize owning imsc is a risk and I'm willing to see this through. My opinion is that when all of this plays out, I'll be happy with my investment.
For some, buying or selling the stock is not the issue. Seeking attention is.
Negative attention is better than no attention.
It's clear from Bill's comments that he believes it's in the best interests of the company, at this time, to put the available money into R&D instead of paying down debt.
In my opinion, imsc will be sold within 12 months. Does funding R&D instead of reducing debt now make them more attractive? I think it does as it positions the company for long term growth. Debt is a constant and can be factored into the sale. Cutting edge technology can produce many years of revenue.
Slow and steady progress. Better quarters ahead.
No IT they didn't talk about that.
They spent the time talking about important and relevant things like executing the business plan, sales, strategic alliances, and other things I've already reported. 84% of ECAC with new products in the pipeline.
This is the only time I will acknowledge your existence and I only do so to send the message that imsc is flourishing despite your inane comments.
Your welcome Ted.
Up at our camp near the Candian border. Sun is shining and its green all over. Beautiful farm after farm .......
It was interesting to see that the focus was on drugs and etd. When Natalya gave us a demonstration she used TNT but talked as much about drug detection. She mentioned China and subways as big markets.
Bill said that the new handheld was ready but didn't give details about production or distribution. Someone, not sure if it was bill or bob alluded to a game changer. Something to do with airports but was months or years away.
We got the sense that there was a least as much they couldn't talk about as they shared with us.
Can't tell you enough how impressed we are with implant.
Sorry I didn't post sooner.
My partner and I attended the company meeting today. Had a great time. Chatted with Dr McGann, introduced to Roger D, Jeff S, Bob L, Daryl J, and the others on the management team. Got a demonstration of the 150 and 220 from Natalya. Also chatted with a surprise investor who attended, Glen Bolduc. Toured the facility and it looked great.
Dr McGann did most of the talking but periodically asked Bob, Roger, and Daryl to talk. All did a great job. Glen asked several questions and also provided clarification on a finance issue.
Neither of us are sophisticated investors so I'll report some of the things I understood and give you my impression.
All of the items voted on passed.
It was stated that the 50 million added shares would be used only if necessary. They talked about a three and five year plan. Dr McGann said they had 84% of ECAC. He said the company was executing well on its business plan. They said the next several quarters would be great.
Someone asked about the debt. Dr McGann and Bob said that they were actively looking for funding for refinance but so far have not found it. More would be forthcoming at the next cc probably in sept because it's the end of year.
We walked away feeling that implant was in great hands. We were so impressed with everyone. These guys know what they are doing!
No doubt that they are looking at continuing to execute their plan with a long term focus. If you are looking short term, this company may not be for you.
I also realized that most of the posters on this site really have no clue about what is going on with imsc yet they continue to post specifics as if they were facts. They aren't. In my opinion the posters who state "facts" the most and do so emphatically, actually know the least and must have some other reason for doing so.
Voted Yes
I read all of the posts on this and other sites. Then I tried to come up with a good reason to vote no and still justify owning the stock. I couldn't.
I agree. This board has been flooded with posts I believe to be dishonest and greedy which I would like to believe are also criminal. However, I've come to believe that most anything goes when there is money on the table and men are in charge.
I'm a novice when it comes to stocks but that is an honest stance. Instead of healthy debate, we have shills posing as financial experts making statements so ridiculous that even this novice can readily read between the lines. To those experts who believe you have the answers, how many of you have put in an application to become a board member?
I have more posters on my ignore list than ever. There is at least one person who I believe has at least three names.
Just like government, politics, religion, and most other institutions, this board is male dominated and boys, you are making a mess of things.
To the honest posters regardless of you position, keep up the debate.
To the shills, in the end, you will fail.
I'm on the sidelines until some semblance of order is restored.
Good post Eyes.
Thank you for pulling things together.
What are the "vertical spaces" Bill was referring to when he was talking about enhanced sales opportunities?
Buzz, my comments have little to do with the business details and more to do with human nature. I'll leave the discussion of Plat, debt, BOD, etc to you and other financial experts.
For now I'm content with a cup of tea on my porch.
I understand Shiloh.
Lately, "nut crushing debt" and "madness" are synonymous for me.
When I walk into a casino, I'm choosing to lose a certain amount of money. It would be nice to hit for a lot of money but I really understand the odds. So the money I lose I consider disposable. Many people walk into a casino hoping not to lose their rent money.
I'm not so sure that investing in a penny stock like IMSC is much different.
I'm hoping for a big win but not convinced it will ever come. Factor in greed, manipulation, and other things, we should consider ourselves fortunate to not lose our entire investment in some overnight scam. In the stock market as well as a casino, we're not playing by our rules and we have little control. That is easier to accept when you're not playing with your retirement money.
i'm hoping to hit the jackpot but if not, it's been three plus years of adrenalin pumping madness. Hmmm, sounds like the casino I visited yesterday.
And dude, I'm not.
After reading all of the posts after the conference call, it's apparent to me that the CC was powerful and instilled concern in some folks.
Posters came out of the woodwork and the shorts appeared to be concerned that their reliable moneymaker may be slowly moving towards profitability. Even for me it's easy to see who is becoming more desperate in their attempts to manipulate the stock price. Endless debate over minutia or facts that would eventually become known reflects their position.
My opinion is that the manipulative fervor of this board is only a mild representation of the unethical and illegal activities that IMSC must wade through in order to achieve profitability etc.. They are however, pushing though every obstacle but it will take time for this story to play out. Shorts are nervous and longs are impatient.
I trust the management team to the extent that I feel comfortable holding my shares. Does that mean that they are completely honest? Probably not. When this scenario becomes untenable, it's time for me to sell.
It is my hope that we are here 12 months from now debating different issues including why the stock price is only 1.95.
So in and of itself then, it isn't a red flag. How/why they are issued may be.
Thanks Vintagesake
Can someone explain what it means to ask for another 50 million shares.
Does it suggest that they don't anticipate paying down debt to a reasonable level and they will need to issue millions more to DMRJ in interest? Will they use the shares to give to the new board members?
I just don't have the knowledge or experience to understand the 'behind the scene' reasons for their request. It sure doesn't increase my confidence.
Can we expect Bill to provide a detailed explanation?
No, just a jab at one stockholder.
Also didn't misunderstand your comment about debt. We're in agreement on that point.
If/when the company ships out the TSA order, how do you think they will 'spend' the money? That could be 20 to 40 million. Using all of it to pay down debt seems prudent.
I agree that debt is the major issue but I don't see a quick fix. Although I share the hopes of most, I believe that it will take time and a lot of hard work to erase debt and become profitable.
IMSC is putting the pieces together to develop a formidable foundation. To have unrealistic expectations that things will fall into place simply because we think they should, is illogical.
My hopes are for fireworks on thursday but then the rational part of my brain takes over and says that positive incremental steps towards debt elimination etc. are what's necessary for long-term stock price gain. That is exactly what IMSC has been doing and the reason why I continue to own shares.
There's nothing "stupid" about IMSC except maybe they accept anyone as a stockholder.
i'd love to be wrong about the timeline Buzz.
Looking forward to thursday!