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Implant Sciences Corp. Message Board

fred20155 15 posts  |  Last Activity: Jul 24, 2014 9:16 AM Member since: Nov 30, 2009
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  • fred20155 fred20155 Jul 9, 2014 1:03 PM Flag

    For those following the IMSC Millionaire Investors Club Board (12345678 freeforums) this was discussed there in much greater detail 5 months ago than the post today on the "other board". To get there add net after what's in parenthesis with the appropriate symbols!

  • Reply to

    US Govt DUMPING Morpho's Itemiser ETD machines

    by b9molecule Jun 4, 2014 7:08 PM
    fred20155 fred20155 Jun 4, 2014 7:53 PM Flag

    Also at an Air Force base someone very recently lost an Ionscan 5000 and due to the radioactive source had to fill out the following "incident report" detailing the radioactive content:

    LOSS OF RADIOACTIVE MATERIAL

    The following report was received via email;

    "1. IAW 10 CFR 20.2201(a)(1)(ii), we are providing a written report for the loss of radioactive material. The loss of material was reported on 27 Jan 14; 1) telephonically to NRC Operations Center, Event No. 49766 and 2) via E-mail to NRC, Region IV (Ms. Cook). The following information addresses the reporting requirements:

    "a. Description of the licensed material: The subject device contained nickel 63 (Ni-63), one source, at 15 millicuries. The source is encapsulated in a hollow brass cylinder which in turn is sealed in a ceramic shield as referenced in Sealed Source & Device Registry (SS&DR) NR-0163-D-102-E (19 Oct 2010). The subject device was generally licensed (GLD) and used by USAF Security Forces Personnel (75th SFS) of Hill AFB, Ogden, UT.

    "b. Description of circumstances for loss: The missing Ionscan 500DT was added to the Installation Radiation Safety Officers inventory of all GLDs on Hill AFB in October 2007. The serial number of the missing source is 50083. It was surveyed semi-annually through May 2013. During the November 2013 leak test/inventory of GLDs, the device was not at the security gate where it has always been. The 75 SFS storage warehouse was checked and it was not there either.

    "c. Statement of disposition: 75 SFS personnel were asked multiple times about the disposition of the item. On 11 December 2013, they reported the Ionscan was no longer in their possession. They reported that the item was dropped and damaged during transport. An Airman was assigned to locate a disposal location that would be able to take the item and was directed to dispose of it there. Later the Airman reported that he had done this. The Airman was in the process of being dismissed from

  • Reply to

    US Govt DUMPING Morpho's Itemiser ETD machines

    by b9molecule Jun 4, 2014 7:08 PM
    fred20155 fred20155 Jun 4, 2014 7:46 PM Flag

    Here's something I found searching on disposal nickel 63 on a gov't website:

    An electron capture detector (ECD) is a device used in a gas chromatograph to detect trace amounts of chemical compounds in a sample. Typically, it contains a 10 milli-curie nickel (Ni-63) metal foil.

    Transfer or Disposal
    An ECD cannot be given away, placed on excess property lists, thrown away, or abandoned. Any of these actions is a serious violation of NRC Federal Regulations. If a Permit Holder leaves USDA without arranging for proper transfer of an ECD, local management must maintain control of the ECD until the name of a new Permit Holder candidate can be submitted to the Radiation Safety Division.

    The proper disposal of an ECD is required. The original manufacturer will usually accept the return of the ECD. (Other ECD manufacturers may also accept the transfer of an ECD). An ECD may also be transferred to another USDA employee with an ECD Permit, or to any non-USDA person or organization that is licensed by the state or the NRC to have the ECD. An ECD may also be transferred to a radioactive waste broker, as waste.

    All ECD transfer methods must be done with the assistance and approval of the Radiation Safety Division. The Radiation Safety Division must verify the license or permit of the recipient and assure that the leak test requirement is current. An ECD can be transferred only upon the written approval of the Radiation Safety Division.

    Upon transfer of the ECD, a letter of receipt from the ECD recipient must be obtained and sent to the Radiation Safety Division. The ECD transfer is not considered complete until the Radiation Safety Division has received this letter. At that time, the Radiation Safety Division will update the permit and inventory data for the Permit Holder, and release the Permit Holder from responsibility for the ECD.

    (The above is from DHS Radiation Safety Division's website)

  • Reply to

    US Govt DUMPING Morpho's Itemiser ETD machines

    by b9molecule Jun 4, 2014 7:08 PM
    fred20155 fred20155 Jun 4, 2014 7:12 PM Flag

    It isn't good when they have to put out a contract to solicit proposals on how to dispose of the equipment due to them using a radioactive source. I guess some company that does this kind of disposal work is going to make some money disposing of this equipment that the gov't no longer wants to use.

  • Reply to

    Part of the text of the quarterly report.

    by eleuthero58 May 15, 2014 11:32 PM
    fred20155 fred20155 May 16, 2014 11:30 AM Flag

    Sorry, meant "going concern" - typo in above post.

  • Reply to

    Part of the text of the quarterly report.

    by eleuthero58 May 15, 2014 11:32 PM
    fred20155 fred20155 May 16, 2014 11:29 AM Flag

    And the "growing concern" part with some date in it (which keeps changing due to renegotiation of debt) has been in the past 16 quarterly statements, at least, and probably further than that but that goes beyond my time of investing/following the company. Anyone can verify that by looking, even go take a look at a quarterly report from 2010...

  • Reply to

    Part of the text of the quarterly report.

    by eleuthero58 May 15, 2014 11:32 PM
    fred20155 fred20155 May 16, 2014 11:23 AM Flag

    Same text that has been in the report for the past several years mentioning a deadline, that keeps getting extended. It is just changed to reflect the new investor.

  • fred20155 fred20155 May 14, 2014 12:40 PM Flag

    Yeah right, post more lies ninjaturdle.

  • fred20155 fred20155 May 14, 2014 12:35 PM Flag

    I also have been reporting the many obscene and harassing posts, including all the ones made yesterday.

  • Reply to

    Americans only

    by entendanceinvestors May 7, 2014 10:30 AM
    fred20155 fred20155 May 9, 2014 9:18 AM Flag

    Prove it. Everything I said is the truth. You are the one who's hurling insults here.

  • Reply to

    Americans only

    by entendanceinvestors May 7, 2014 10:30 AM
    fred20155 fred20155 May 9, 2014 7:53 AM Flag

    Prove it, Everything I wrote was true, you are the one who's hurling insults here.

  • Reply to

    Americans only

    by entendanceinvestors May 7, 2014 10:30 AM
    fred20155 fred20155 May 8, 2014 6:53 AM Flag

    Actually it was passed as part of the American Recovery and Reinvestment Act in 2009 and then amended in Small Business Jobs Act of 2010. More details can be found at the imsc board 12345768 net but here's a summary of it:

    To encourage investment in new ventures, small businesses, and specialized small business investment companies, Section 1202 of The Internal Revenue Code grants relief to investors who risk their funds in these businesses.

    Non-corporate investors may exclude up to 50 percent of gain they realize on the disposition of qualified small business stock (“QSBS”) issued after August 10, 1993 and held more than five years.

    As part of the American Recovery and Reinvestment Tax Act of 2009, the Section 1202 exclusion was raised from 50% to 75% for QSBS acquired after February 17, 2009 and before September 28, 2010. Then in September 2010, the Small Business Jobs Act of 2010 was enacted, further amending Section 1202 to exclude 100% of gain from disposition of QSBS acquired after September 27, 2010 and before January 1, 2014.

    For QSBS purchased after September 27, 2010 and before January 1, 2014, a zero percent effective income tax rate will apply to at least the first $10 million of gain upon its ultimate sale if applicable requirements are met. Excluded gain from these investments will not be treated as a preference item for AMT purposes, so the benefits extend equally to AMT taxpayers.

  • Reply to

    Americans only

    by entendanceinvestors May 7, 2014 10:30 AM
    fred20155 fred20155 May 7, 2014 2:30 PM Flag

    What a laugh you two. If it makes you happy to believe what you are saying go for it, but you are the ones posting falsehoods and insults about people going to jail and so forth, not me. You just look foolish posting this garbage assuming you know what someone paid for their shares, let alone how many shares they have and what profit they are making. Keep it up, you just look silly.Hard for you to hold the moral high ground when you are the ones posting the insults, rather than me.

  • Reply to

    Americans only

    by entendanceinvestors May 7, 2014 10:30 AM
    fred20155 fred20155 May 7, 2014 11:25 AM Flag

    Indeed, holding IMSC shares bought prior to January 1 for 5 years makes for excellent tax savings. For those of us who bought shares in 2010 in the 0.30's and 0.40's this is very good news indeed. Shares bought after 9/27/2010 get all capital gains tax excluded and those bought before 9/27/2010 and some date in 2009 (which for me is quite a few shares bought in the 0.30's and even some in the 0.20's) get 75% of long term capital gains tax excluded. Also this seems to apply to all states except California for state income taxes on capital gains.

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