Well Zey I see things differently than you do. But I certainly understand your angst because I have some of that too. And it is a sickly feeling.
My position, and this is my thinking only, the big event has yet to reconcile one way or the other. Now, if I understand your thinking, you are saying, "sales are not happening right now and that means mgt. has lied." Management is not perfect. That is no excuse but it is true.
My larger point re: Dr. Jones. He's a pretty sharp guy as he worked at Morpho with Dr. McGann. To me, that in and of itself makes him more market aware, connected and familiar with customer product desires ( features and benefits), budgets and their cycles, cell phone numbers etc...all of the things that would NOT be readily available to IMSC if a really super sharp, different marketing director was running that department. I hope you see my point on this, which is this, we have the benefit of the best connected and smartest etd marketing director in the business who has the resume to back it up.
I will guess your response might be: well then, sell something. And that is fair to say. But I believe the jury is still out on this.
Yes, its drudgery to review conf. call transcripts but from what I can sense from posts here, many think that the second you receive qpl status, you receive an order. Imagine for a second what Smith's and Morpho shareholders think...they have qpl status and where are their orders? Well, I strongly doubt their current qpl listed products receive more orders but that is my guess and its worth absolutely nothing. But my point is; IMSC etd sales to tsa are highly likely, Smith and Morpho sales of current qpl etd products are highly un-likely.
I sense that my long position reasoning is being dismissed and undesired, which is not a good feeling. And if you can show me that I have something totally wrong or half wrong or partially wrong, I am all ears.
Best of Luck to ALL IMSC LONGS!
