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Implant Sciences Corp. Message Board

  • jospfe jospfe Apr 19, 2013 4:48 AM Flag

    IMSC: Pure Play seekingalpha April 19, 2013

    ...Impact of TSA Approval
    ...IMSC trace detection does not use any radiation to detect for explosive materials
    IMSC trace detection has superior self-cleaning and self-calibrating functions...
    Strong Management Team
    ...IMSC retained two people with intimate knowledge of the inner workings of the TSA. First, it has hired Todd Swearingen as GM for North America. Mr. Swearingen previously served at Safran's Detection Group, and head of security at Dallas-Ft Worth Airport. Second, it has retained as a consultant Mr. Mo McGowan, widely considered one of the founders of the TSA and one of its lead management people prior to his retirement. Mr. Swearingen represents a more significant hire than Mr. McGowan, because Mr. Swearingen left Safran, a more established player, and has decided to join the more exciting (and higher potential) team at IMSC.

    IMSC has two members on its board with significant experience in government security. First, Robert Liscouski spent 11 years with the state department both as the official liaison to Interpol and as a mobile training leader in Beirut, and Rome. Second, Howard Safir held the positions both of commissioner at both the NY fire and police departments. Mr. Liscouski's role in international affairs should put IMSC in a strong position to profit in the international sphere....

    Sentiment: Strong Buy

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    • I think Todd Swearingen is a really key person that IMSC hired. When I visited IMSC last August, Dr. Jones told me he had worked with Todd back at Morpho. When Dr. Jones joined IMSC, he originally just wanted to consult with Todd to see his thoughts on the QS-B220 and if he thought a good sales strategy could be built around it. He had Todd sign a non-disclosure agreement and brought Todd in to see the QS-B220. It turned out Todd was so impressed, that it led to his leaving Morpho and coming to IMSC. Todd's sales record is undisputed, and well documented, and obviously he felt he could have a good sales opportunity with the QS-B220 otherwise he would never have signed on.

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