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Incheon Airport Korea Purchases Additional QS-B220s as Implant Sciences Continues Expanding Its Aviation Presence Globally
Repeat customer selects Implant Sciences' trace detectors for checkpoint screening security
WILMINGTON, Mass., Sept. 30, 2015 /PRNewswire/ -- Implant Sciences Corporation (OTCQB: IMSC), a leading manufacturer of explosives trace detection (ETD) and drugs trace detection solutions for homeland security applications, today announced that it has shipped a follow-on order for additional QS-B220 desktop explosives trace detectors to Incheon International Airport, the largest airport in South Korea. The order, valued at over $500,000, was procured by Incheon International Airport Corporation, operator of Incheon International Airport. Last year, Incheon installed 12 QS-B220s to replace ETD systems from another manufacturer.
Implant Sciences has received orders over 2,000 systems to international airports worldwide since November, 2014.
"Given our sole focus on trace detection, we have a deeper knowledge of our customers' needs and current security challenges. By being focused and nimble, we are able to respond quickly and implement innovative technology, which is one of our best competitive advantages," stated Dr. Darryl Jones, Implant Sciences' Vice President of Global Sales and Marketing. "We strive to raise the bar for the industry, not only with our technology, but also in responsiveness in service and user experience."
"As security demands increase, customers are looking for products that deliver reliable and efficient security solutions, while also making their lives easier," added Dr. Bill McGann, CEO of Implant Sciences. "Implant Sciences is pleased to have received this follow-on order from Incheon International Airport Corporation to provide our next generation trace detection equipment for checkpoint screening."
>>As far as a buy? I'm not that smart to know.<< Agreed.
>>Would this include IMSC's equipment?<<
It could include the whole damn company. Lockheed has more money than that in the vending machines in their employees lounges.
posted in error
<An internal investigation of the Transportation Security Administration revealed security failures at dozens of the nation’s busiest airports, where undercover investigators were able to smuggle mock explosives or banned weapons through checkpoints in 95 percent of trials, ABC News has learned. The series of tests were conducted by Homeland Security Red Teams who pose as passengers, setting out to beat the system.
According to officials briefed on the results of a recent Homeland Security Inspector General’s report, TSA agents failed 67 out of 70 tests, with Red Team members repeatedly able to get potential weapons through checkpoints.>
(excerpted from article ref. below)
abcnews.go.com
ki,
>> Well obviously, there's 130 retail shareholders who bought them.<< That isn't how it works. A brokerage house with multiple shareholders of IMSC (or any other stock)is counted as one (1)shareholder of record. For example, my shares are with TD Ameritrade. Most likely other individuals are as well. Those shares are in "street name" meaning that Ameritrade is the "shareholder of record." The exception is if you have requested the physical certificate of shares, then you count as one shareholder.
by 20-05-2014
Greek theatre often included a deus ex machina. I remain confident.
From the Federal Times. GAO denies protest due to government need for the product:
GAO denies protest of NASA commercial space contracts
Aaron Boyd, Senior Writer 1:02 p.m. EST January 22, 2015
The Government Accountability Office denied a protest of NASA's commercial near-Earth orbit flight contract awards, stating that the space agency took into account the appropriate considerations when choosing Boeing and SpaceX as its commercial partners.
Aeronautics technology company Sierra Nevada Corp. filed a protest days after the contracts were awarded in September, however a court later ruled that NASA could move ahead with its plans due to safety concerns.
Decision: GAO denies Sierra Nevada Corp protest
"Failure to provide [Commercial Crew Transportation Capability] service as soon as possible poses risks to the [International Space Station] crew, jeopardizes continued operation of the ISS, would delay meeting critical crew size requirements and may result in the U.S. failing to perform the commitments it made in its international agreements," NASA said after the protest was submitted.
GAO's January decision means those plans can continue unabated.
The oversight agency denied all four of the protest areas, including charges that NASA:
•Improperly elevated the importance of a solicitation goal;
•Falsely determined that the awardees' fixed price was realistic;
•Used unequal or unreasonable technical evaluation criteria; and
•Failed to assess past performance.
Table shows NASA's evaluation process when considering
Table shows NASA's evaluation process when considering the three offerors. (Photo: GAO)
Placing near-Earth orbit flights in the hands of private sector companies will allow NASA to concentrate its resources on bigger endeavors.
"Turning over low-Earth orbit transportation to private industry will allow NASA to focus on an even more ambitious mission — sending humans to Mars," NASA Administrator Charlie Bolden said.
I'm hoping that Pistole's resignation, doesn't toss another wrench into the works.
our law requires TSA to buy American product!!
I'm not baiting you HC,or trying to set you up. But can you cite that law? How could we have used British Smith's or French Saffron in defiance of that law?
Please show us all where it mentions Bolduc specifically.
It's a dragnet by a firm that trolls for enough shareholders to enable them to go before a judge to seek a ruling that it is qualified to be a class action suit. That's means potential big money for the law firm.
In my neck of the woods, Walmart has been spending a lot of money on tv time for this product: http://www.walmart.com/ip/ReliOn-Prime-Blood-Glucose-Test-Strips-50ct/20752265
Nice work Jorge.
The order is 1 zero short.
The report says that TSA failed to use information from the laboratories and vendors to produce its AIT roadmap, and as result “underestimated the time it would take to develop and deploy AIT-ATR Tier III systems.
For the roadmap expected in September, GAO says that TSA needs to incorporate data from the vendors, laboratories, and the Department of Homeland Security Science and Technology branch to ensure that milestones are more realistic. However, GAO also cites an L-3 representative as saying the technological challenges of going from Tier II to Tier III requirements include more targeted algorithms, which will require new data sets, additional research and resources before understanding what are realistic deployment timeframes.
GAO says that this means future deployment timelines for the most challenging requirements, Tier IV, are unknown.
“Therefore, given the current state of technology as well as the amount of research that has to be conducted on developing algorithms that can meet Tier II and Tier III requirements, neither TSA nor the AIT vendors can reliably predict how long it will take to meet Tier IV requirements,” GAO says.
I'd like to have a tug of war over a mud pit between "Inflection Point" and sales. I think I know which would win.
tpc7,
I know you don't intend it, but your post is riddled with hypocrisy. You say:"I'm a long term investor who happened to like how Berman handled the crisis, I just don't understand why it wasn't averted in the first place." Averting it is his job! He had the info in plenty of time after the purchase to tell his fellow shareholders why our company bought Shasta. You say: "No reason for this stock to be down 20% still." Yes there is. His name is Berman. If DECN were a high market cap outfit, like a Fortune 500 company, this travesty would be taught in the most prestigious business schools for 200 years as an example of how not to run a company. Maybe one day the Lord High Emperor Berman will deem us worthy of some communication. Remember, if you own just one single share of stock, you are an owner.
Has the contract with Walmart been executed?
J&J just announced they have accepted a firm buyout offer from Carlyle Group for about $4 billion.
Irish,
I'm not worried at all about their competence. I's just that Russia and China have had a long and successful history of stealing our industrial and military secrets.
>>Yes, apparently there are some top notch scientists from China and Russia and no doubt other places that work for Implant and are responsible for the company's leading technology.<<
I hope you are wrong about that, as much as I have enjoyed your posts.
Press Releases
Implant Sciences' CEO Glenn Bolduc to Speak at the White House on U.S. Exports
Bolduc to present at U.S. Department of Commerce's Advocacy Center roundtable discussion
WILMINGTON, Mass., Feb. 20, 2014 /PRNewswire/ -- Implant Sciences Corporation (OTCQB:IMSC), a high technology supplier of systems and sensors for homeland security and defense markets, today announced the Company's President & CEO, Glenn Bolduc has been invited by the United States Department of Commerce's International Trade Administration Advocacy Center to participate in a roundtable discussion at the White House on Friday February 21, 2014. The purpose of the meeting is to discuss how the Advocacy Center can best assist American companies in their efforts to export. Mr. Bolduc has been asked to make a brief presentation on Implant Sciences and how its export initiatives have been supported by the Advocacy Center.
"We are honored to be invited to make this presentation at the White House. Implant Sciences has benefitted from the U.S. Department of Commerce's Advocacy Center. We can directly attribute millions of dollars in sales that have resulted from Advocacy Center introductions and support," Bolduc stated. "As the only U.S.-owned and operated manufacturer of explosives trace detection equipment to have product approval from the TSA, we are proud to contribute to America's exports and to create high-tech jobs in the U.S."
Implant Sciences has an expanding global presence and has sold over 2,000 explosives trace detectors in more than 50 countries. The U.S. Department of Commerce's Advocacy Center has helped support Implant Sciences' sales efforts in many locations and was critical in completing the Company's $6 million contract with the Indian government in 2012. With 75 employees, Implant Sciences' ETDs are 100% manufactured in the USA.
About Implant Sciences
Implant Sciences is the leader in next generation Explosives Trace Detection (ETD) technology. In January 2013, the Company became only the third ETD manufacturer, and the sole American-owned company, to have product approval from the US Transportation Security Administration. Implant Sciences has developed proprietary technologies used in its commercial explosives and drugs trace detection systems, which ship to a growing number of locations domestically and internationally. Implant Sciences' QS-H150 portable explosives trace detector has received Qualified Anti-Terrorism Technology Designation and, in addition to receiving TSA qualification for air cargo screening, the Company's QS-B220 has also received STAC certification, a Developmental Testing & Evaluation (DT&E) Designation by the U.S. Department of Homeland Security under the Support Anti-terrorism by Fostering Effective Technology Act of 2002 (the SAFETY Act), and the GSN 2013 Homeland Security Award for "Best Explosives Detection Solution". For further details on the Company and its products, please visit the Company's website at http://www.implantsciences.com.
I'm sorry that a positive makes you sorry.
I prefer correspondence in writing, that holds people accountable. That is exactly why I've posted this information here on the DECN thread.
And what was the answer to your written correspondence?
>>Huh? As part of the due diligence Alpha Credit does not take into account filings with the SEC?<<
Of course they do. And if Alpha ignored even a trace of menace in DECN's SEC filing and still went forward with the financing, then Alpha would be guilty of neglecting their own fiduciary duty to their own investors. Therefore, Alpha considers it a non-event.
By the way, What did Berman say to you regarding this filing when you called him about it? I'm sure you must have, and others would like to know.
I lifted this from SI. I'm still shaking my head.
Pipe bomb handed back to passenger Skylar Murphy by airport guard Skylar Vincent Murphy admits he made the device but took it to the airport accidentally
CBC News Posted: Jan 15, 2014 2:24 PM MT Last Updated: Jan 15, 2014 8:05 PM MT
Airport screening fiasco 2:41
• MAP: Weapons seized at airports, 2007-2012
• Man found with pipe bomb at Edmonton airport allowed to fly
A Canadian Air Transport Security Authority (CATSA) guard who seized a pipe bomb from a man at Edmonton International Airport tried to give it back to him, CBC News has learned.
Skylar Vincent Murphy, 18, of Spruce Grove, Alta., was allowed to get on a flight at Edmonton International Airport on Sept. 20 after he was caught with a pipe bomb by security.
According to details that came out in court, the CATSA guard was caught on video pushing the device back to Murphy. Reportedly, Murphy was told “You can keep it.”
• Weapons seized at airports, 2007-12
Murphy insisted the guard take it. He was then allowed to clear security and board a plane to Mexico where he was travelling with his family on a weeklong vacation.
The device was in a camera bag, which Murphy says he placed there in February 2013 when he and and a friend made two pipe bombs.
They blew up one in a field. Murphy said he left the other one in his bag and forgot about it.
The device was about 15 centimetres long and five centimetres in diameter with screws at both sides. A three-metre-long fuse ran through the device, which was filled with gunpowder.
RCMP weren’t notified until four days later.
The day Murphy returned from Mexico, he was arrested by a large number of uniformed officers, a SWAT team and bomb-sniffing dogs.
Murphy was eventually convicted and fined $100 for possessing an explosive device.
Murphy, in a text reply to CBC News, said, "I've been advised not to comment. I will however tell you that what has been published is not at all an accurate portrayal of what happened."
CATSA spokesman Mathieu Larocque said that some of the officers involved in the incident were suspended. He would not specify how many. All officers involved were disciplined and given additional mandatory training, he said
'Unacceptable,' transport minister saysFederal Transport Minister Lisa Raitt called it "unacceptable" that someone found with a pipe bomb was allowed to continue on with their flight.
Lisa Raitt, minister of transport, says an 18-year-old man should not have been allowed to board his flight at Edmonton International Airport after security found he was carrying a pipe bomb. (Sean Kilpatrick/Canadian Press)
“The safety of Canadians and the travelling public is our government’s top priority," Raitt told CBC News in a written statement. "This individual should not have been allowed to board his flight, and it is unacceptable that [CATSA] waited four days before seeking the RCMP's assistance."
Raitt said she wants to make sure the incident isn't repeated.
"I will be calling the president of CATSA today to ensure the organization takes further action to better protect the safety of Canadian travellers.”
In an email to CBC News,Larocque said CATSA understands the minister's concerns and has taken steps to ensure this type of incident doesn't happen again.
"CATSA has completed a full review last fall of the incident. During the course of its review, CATSA concluded that the RCMP should have been contacted earlier in the process as per our procedures," he wrote.
"Corrective actions have been taken and those involved in the incident were disciplined and required to take additional training. We have also updated screening officers’ training material across the country and put more emphasis on our procedures."
Critics have lined up to blast the authority for its handling of the case.
"This is really shocking for the general public," said Michel Juneau-Katsuya, former senior manager and intelligence officer with the Canadian Security Intelligence Service and CEO of Northgate, an intelligence company.
With files from the CBC's Janice Johnston
cbc.ca
That commercial is awful. I question whether they are even using an agency, or if the copy was written in house, and the characters are relatives. Same for the music. Spend the money and get professionals in there now. And burn the old one.
Why thank you Fred, for such an amiable reply to a fellow shareholder. I was going to ask you what grade you're in but I think I pretty much know. So instead I'll just wish you a Merry Christmas.
I wish they had clarified whether today's news is a new order, or a re-wording of yesterday's order to provide more information.
Yeah. I agree. Who wants to sell to freight forwarders in dinky airstrips like O'Hare. We need to get into huge metros like Nantucket and Hyannis. I'm with you all the way, bro.
If the 150 can sniff a car without entering, this could be another avenue for sales: http://www.infowars.com/tsa-expands-searches-of-parked-cars-at-airports/print/
Kgs,
That is called a "Form T Trade." This is a good explanation, and shows the importance of getting up listed to a more legitimate exchange as soon as possible.
One of the reasons I became a shareholder is because my wife and I are both type 2 diabetics. If I didn't already know the Genstrip story, I would have come away from that commercial wondering what they were selling. A 30 second informed narrative highlighting the key facts of the Genstrip story would have been much more effective for me.
Good luck. IMSC is not traded during pre or post market.
The 2014 Winter Olympics in Sochi, Russia run from February 7-23.