PS....I double checked on the insourcing of production. The 150s are still produced up the road in Worchester....and then tested inhouse. The 220 is produced and tested inhouse. Sorry for the mistake.
Tthomsen.....yep..we are the Logan crew and more. Our group has increased pretty dramatically over the last three years. It does look like the Spring will be a company changing time for Implant, but I wouldn't lose hope for some good news before then, by any means. Lots of activity is an understatement, and I wish I could convey and articulate all that we saw, but sometimes it's better to bite the bullet and see it yourself. We did ask some specific questions, with answers but don't feel comfortable mentioning them on here or any message boards. As far as Ihub....it seems to have completely fallen apart, most positive posts disappear, and now this random "one post" exclusion. Just strange. Anyhow, it was a very good visit, even if Ihub doesn't want that known,
TD....I don't get the feeling that they are expecting that deadline to slip, but are mindful that those dates seem to move at every deadline, and it could happen again. I think we'll hear something soon about TSA checkpoint qualifications....and that. combined with some larger freight fowarder orders, will finally bring SP inline with the value of IMSC.
Just wanted to keep some of those investors in the loop that are actually interested in the companies future. First off, I had posted on IHUB that I was doing our investors club annual tour today and that I would get back later in the day with some info. Since then, for some unknown reason, I'm now only allowed to post on there ONCE a day. I'm not a conspiracy guy, but that board is now run by either the competition, or a short. Never used a foul word, just stated my tour time, and the same day I am limited in my posts? For those on both, please pass on this info.
The facility is much larger than the old one and seemingly with twice the folks working there too. They now have a large area for pre-shipped testing, probably three times the size of the old one. Lots of bustle going on and areas for last minute fabrication that can now be done in-house. They are now doing all of the building of the 150 and th 220 at the new HQ. (could change)
We had discussion about lack of freight sales and it seems that the majority of the fowarders are waiting till they HAVE to change the product and that deadline has changed so many times over the years, quite a few seem willing to wait to see if changes again. Without giving anything away,
Darryl is confident in meeting internal cargo numbers for the coming quarters. Bill Mcgann talked about the positive differences in the 220 as opposed to S/M as far as clear-down etc and the hope that the new handheld will be coming out in the Spring. Lots of good info, and am always impressed with the team that is running IMSC. Extremely competent and honest group of folks.
I would HIGHLY reccomend those that are invested in this company to take time for a tour. We have a large group, so we planned in advance, but Glen and co are more than willing to take calls or show folks the facility if given advanced notice.
Feeling much more comfortable with our investment after our tour/info session. I suggest all shareholders do the same.
Unless of course, Implant doesn't want the competition to know how many were sold. Would be nice to get that dollar figure, I agree, but with Implant being the new kid on the block, combined with the NDs, we might just have to wait till the Q numbers are filed to do the math.
Wasn't research, just a listing of Pr's. They add up to a lot in revenue. All before qualification..which is needed by most folks to actually buy on the cargo side.. So again, lots of Dollars and Cents...more on the way.
And may not have been the best Q due to the 3.5 mil order not being included..but the Q before was pretty outstanding.
"Revenues for the year ended June 30, 2013 increased 253%, to $12.0 million, from $3.4 million for the comparable prior year period."
Stay tuned...and change your tune and you might make some money.
JR...pay more attention.
Leading Regional US Airline Adopts Implant Sciences' QS-B220 Explosives Trace Detector for Air Cargo
Implant Sciences Sells QS-H150 Explosives Trace Detectors for Nuclear Power Plant Protection in China
Implant Sciences Sells QS-B220 Explosives Trace Detectors for use at 19 Airports
Implant Sciences' QS-B220 Purchased for Air Cargo Screening by Hawaii-Based The Delivery Peopleports
Global Brazilian Logistics Company Selects Implant Sciences' QS-B220 for U.S. Air Cargo Screening
Implant Sciences Sells TSA-Approved Explosives Trace Detectors to R&M Trucking
Multiple U.S. Government Agencies Place Orders for QS-B220 Explosives Trace Detector
Implant Sciences Sells QS-B220 to Air Freight Atlanta
Implant Sciences Receives Order for $3.5 Million for Explosives Trace Detection Equipment
Implant Sciences Sells QS-B220 Systems to Major European Airport for Air Cargo
Implant Sciences Ships 8 Explosives Trace Detection Systems to Mexico City International Airport
Implant Sciences Sells Multiple QS-B220s to Major International Freight Forwarder
Summit NW Selects Implant Sciences' QS-B220 Trace Detection System for Air Cargo Screening
Implant Sciences Wins Contract for Seven Quantum Sniffers to Africa
Implant Sciences Wins $585,000 Contract for QS-H150 Explosives Trace Detectors to U.S. Gov
African Aviation Security Customer Purchases Three More Quantum Sniffers From Implant Sciences
Implant Sciences Sells Desktop and Handheld Explosives Trace Detectors to New Customer in Middle East
Implant Sciences Announces Additional Contract Award in Singapore
Implant Sciences' Desktop Trace Detector Purchased by Asian Postal Service for Explosives & Drugs Screen
Implant Sciences Receives Follow-On Orders for Ten Explosive Trace Detectors to Protect Nuclear Power
Implant Sciences Wins Follow-On Order From Asian Head of State
Implant Sciences Wins Contract in Nigeria for Explosives Trace Detectors.
Almost all before Qualification...Checkpoint coming. GET IT?
JR...maybe it's a personal thing...but folks who use all caps tend to be under the impression that they should be taken more seriously with more capital letters. Couldn't be further from the truth, especially on message boards.
Implant has been actively pursuing event security and will probably be a leader in that area when all is settled. If you had noticed, there is very little ETD equipment used in subways, trains, malls... etc, in major cities around the country. The problem is not just getting cities to buy Implants products, but ETD in general. When they do start buying, and its a evolving security process, I have no doubt IMSC will be a player. It's a no brainer to start using the equipment in, as you noted, thousands of ground opportunities.
In my opinion, the revenue will come, and will be sudden and company changing. Smiths/ Morpho have been the big players for a long time. Implants products have proven to be as good or better and more cost effective. It takes a long time to change the mindsets of those that do the buying, but when it does, IMSC will be a completely different company. All my opinion of course, but I've done my due diligence. 80 cents does not begin to value IMSCs potential. But a few more large sales will turn this around pretty damn quick IMO.
JR....first off, putting things in all caps does not make you right, just obnoxious. How do you know that Boston/NYC hasn't bought any, or are looking to buy? You don't. As you said, they have strong ties to both Boston and NYC, so hopefully there is something in play, but I don't know for sure either way. (Dogs tend to be city choices, but that will change as the threat changes) I do know that Glenn reached out to Boston officials to see if they needed help in the hours after the bombing. If...and it's a big if, you really have any interest in them selling units, stay tuned. As for your other post, regarding sales, take a minute to read the PRs over the last six months. Lots of sales, lots more coming. HOPE THAT HELPS!
Makes all those cheerleading against IMSC seem even more pathetic. Amazing how short term memories we have as Americans. Boston was just 9 months ago. Implant is trying to save/protect the lives of folks around the world, including those that type on this board, but doesn't stop them from trying to tear down the company for nothing but greed. Yep...I'm talking to YOU.
Fantom, Cargo is now an open market for Implant. The buyers will most likely be freight fowarders and the Jan 1st deadline and some competitors equipment that is soon to be obsolete, (unless the date is moved) is where IMSC hopes to garner some large sales. The checkpoint qualification is for gov't/TSA buying, and hopefully we'll be through that process completely before they start buying new equipment. Sounds like checkpoint is where the largest sales would come from, but there are also huge sales possibilities from some of the large freight fowarders. (Fed Ex ect..)
Jroger...you might have to start paying more attention..cause I heard the CC and it WAS explained as TD said. Now...if, and I'm sure it's the case, that you would rather spread falsehoods and fear, then go ahead, there are a few similar investors out there that will listen to the lies and bending of the truth, and sell. They deserve it. Listen, on the off chance that you actually have shares, I'll put it to you simply. The stock is at a BUCK. One dollar. We are at that price BECAUSE of the lack of multiple large sales. Where exactly do you think the price should be for a company that has accomplished so much over the last two years, but only a small group of folks have even paid attention. Is a dollar too expensive for a company with so much potential? I've invested in Biotechs with ZERO sales and huge debt that were trading for 3 bucks! It's the potential (not to mention, approvals, our BOD, our leadership, recent hirings, the technology, patents ect) that keeps investors here.
The present does NOT equal the future and when those sales come, it will be a whole new ballgame. If you don't wanna play, feel free to roam. It wasn't the greatest CC ever (sales wise), it wasn't the worst. Being able to see a bit down the road makes you a smarter investor. The S American country that chose IMSC, the gov't approvals here, the French approval, the 3.5 million order, Chinese order ect...are not a fluke. They are, in my opinion, the beginning of a really profitable and life changing story if you choose to be involved and invested, and yes, very patient.
You'd think that those that are hoping/betting against the company would be smart enough to be less obvious and not give thumbs down to actual sales PRs. Nope. Dopes.
Personally, I like to have some negativity/objectivity in the discussion, if warranted. Overall, I think this year has been disappointing for all of us longs when it comes to share price, but hope is eternal or at least for the next few months. The majority of us who bought in a few years back are up quite a bit on our investment, so we have the ability to be a bit more patient. Not sure if you are long or short Buf, ie...betting on success, betting on failure and not that anyone should take anyone else's word on a message board anyway, but I'm willing to wait it out to see if I chose right.
A critical eye is important and trust but verify is a great motto. I've bet big that I picked a winner, and though I've tempered my enthusiasm for a huge share increase since approval with an understanding that over promising timing events when it comes to the government might make you look silly, there is enough momentum with the new headquarters, looming expirations, new sales potential, that I'm gonna keep my bet that our horse will win in the long run.
PS...its also nice to have a bet on an American company that I have no doubt, will save lives at some point in the future. A win/win.
I'd say if they had any weakness in the regional sales area, Latin America was it. A great addition to the team and make no mistake about it, his fluency in Portuguese is not a fluke or unimportant. Brazil is by far the largest potential market in the next five years. World Cup next year and the Olympics two years later. A HUGE market and I'd be surprised if they didn't open an office down there in the near future, similar to what they have in China.