Secure Point Technologies Inc (fka IMSCQ)

[TheShadow]

Management now has an initiative to increase shareholder value.
At the risk of repeating myself.
Management now has an initiative to increase shareholder value.
Before we allow ourselves to become lost in the fog of speculation, let us remember the message to shareholders from today's PR.
Management now has an initiative to increase shareholder value.

With our first quarter revenues in FY2016 of $14.3m outpacing our full year FY2015 revenues, the growth in our business has been significant and we expect to continue to see strong demand for our products," commented Dr. Bill McGann, CEO of Implant Sciences. "The homeland security sector clearly has its cycles as we observed in the aftermath of the 9/11 attacks and it looks like the industry is entering a phase that could have a similar impact on the sector at large.

Implant Sciences' explosives trace detection equipment is a critical piece in any security system. Conventional security approaches need to be expanded to include advanced screening technologies to ensure terrorists can be detected and defeated.

Over the past several months, we have given much thought to the bright prospects for our business and the possible options available to us to create value.

its Board of Directors has authorized management to retain financial advisors to explore strategic alternatives to maximize shareholder value.

Chardan Capital Markets, LLC and Noble Financial Capital Markets are serving as financial advisors in connection with these matters, and Willkie Farr & Gallagher LLP is acting as legal counsel.

http://www.otcmarkets.com/stock/IMSC/news/Implant-Sciences-to-Explore-Strategic-Options-as-Growing-Security-Needs-for-Soft-Targets-Drives-Spending-on-Security-Technologies?id=120723&b=y