Just back from Vegas,here's the overview. The conference was for emerging micro cap companies, the audience industry pros- specifically stock brokers including JP Morgan to name just a few. Implant was the last presenter, all in attendance agreed they held the most audience interest measured by the amount of questions lobbied. The moderator had to step in finally or they would have kept going. Even after the official end Glenn, Robert Liscouski, and CTO Todd Silvestri spent about an hour answering questions including a demo of the 150. Suffice it to say i'm glad i went. Not only are these folks approachable, they value their shareholders deeply and have a collective passion for success with this company that was clearly evidenced.
I'm only going to comment on items that were made public there, those include-
There will be a company name change at one point, the reason they haven't yet is the associated cost,they are putting their resources into R&D instead. (sound wisdom)
They will release info on the narcotics trace detector this year.
There are more patented technolgy devices in the oven.
Dr Mcgann was/is a very key person respective to their relationship with TSL.
IMO this is not a slam dunk,but they are in the best postion possible to get the product to market. That being said, the whales of this sector all know who they are,in fact one huge one was in their office earlier this week.
Bottom line, they are the only american company out there in the sector(Scott Brown does not want jobs going overseas) and the only device that does not interface with radiation( the new nasty term after the Japan aftermath)
Remmember "opt out" day? IMSC has a new phrase for their tech, it's called "dignified screening"- brilliant.
My feeling is they are not going to sell out for peanuts, but instead grow the company into a 500M market cap over time, then throw the keys to one of the big dogs. Glenn is a very humble man, who surrounds himself with some sharp people(They have four PHD's and counting in the lab) The current BOD and mgmt team has only been in place 2 1/2 years. Glenn's timeline was 3-5 years, so we are getting there, but patience will be key and rewarding for those with the sack to hold station. There WILL be some significant PR's soon,they have just held them due to all the other worldwide events. Take all of this for the .02 it's worth, and make your own decisions not based on a text field..
