{"id":1870,"date":"2013-07-04T15:11:07","date_gmt":"2013-07-04T15:11:07","guid":{"rendered":"\/?p=1870"},"modified":"2013-07-04T15:11:38","modified_gmt":"2013-07-04T15:11:38","slug":"implant-sciences-corp-otcmktsimsc-with-a-modest-gain","status":"publish","type":"post","link":"\/articles\/implant-sciences-corp-otcmktsimsc-with-a-modest-gain\/","title":{"rendered":"Implant Sciences Corp. (OTCMKTS:IMSC) With A Modest Gain"},"content":{"rendered":"<p> <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/IMSCchart.png\" border=\"0\" alt=\"IMSCchart.png\" title=\"IMSCchart.png\" width=\"450\" height=\"201\" \/>In the pre-holiday session investors showed some serious interest in the stock of Implant Sciences Corp. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=IMSC\">IMSC<\/a>). In just the shot span of active trading more than 300 thousand shares changed owners and the ticker rose by 4%. Admittedly the gain isn&#8217;t very impressive but at the current price levels of the stock it means that <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=IMSC\">IMSC<\/a> added 5 cents to their value and closed at $1.24. We will see if the gathered momentum carries over to tomorrows market and if the stock climbs even higher. <\/p>\n<p><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=IMSC\">IMSC<\/a> provide Explosive Trace Detection technologies through their two products QS-B220 and QS-h150. The main difference between them is that the latter is capable of detection without making direct contact with the target. Back in January <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=IMSC\">IMSC<\/a> got approval on their products by the US Transportation Security Administration but curiously enough the main market they have been expanding their activities has been China.<\/p>\n<p>According to the CEO, the company has sold 800 hundred of their quantum sniffers for a total of $25-30 million worth in revenues. And they desperately need those kinds of funds in their balance sheet. Despite having success in attracting various buyers <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=IMSC\">IMSC<\/a> finished the quarter ending March 31 with the following results:<\/p>\n<ul>\n<li>ZERO cash<\/li>\n<li>$4,5 million total current assets<\/li>\n<li>$46 million total current liabilities<\/li>\n<li>$1.2 million revenues<\/li>\n<li>$5.3 million net loss<\/li>\n<\/ul>\n<p>It becomes painfully obvious that the debt levels are getting out of control. As a result of financing their operations throughout the years <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=IMSC\">IMSC<\/a> owe quite significant sums. Their obligation to DMRJ Group LLC. as of May 6 consisting of four promissory notes and a revolving credit facility amounted to $3.8 million, $12 million, 12 million, $1 million and 10 million, respectively. Furthermore accrued interest reached $4.1 million. Investors should also expect some considerable dilution of the company&#8217;s stock.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/5AGINchart.png\" border=\"0\" alt=\"5AGINchart.png\" title=\"5AGINchart.png\" width=\"350\" height=\"156\" \/>During the short span of yesterday&#8217;s trades some stocks had plenty of time to tumble towards. ImageWare Systems, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=IWSY\">IWSY<\/a>) dropped for a second time in row and closed at $2.17 but falling as low as $2 in early trading. American Graphite Technologies Inc. (OTCBB:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=AGIN\">AGIN<\/a>) are still proving to be unable to stop the stock&#8217;s free fall and lost another 8% on their way to the bottom.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the pre-holiday session investors showed some serious interest in the stock of Implant Sciences Corp. (OTCMKTS:IMSC). In just the shot span of active trading more than 300 thousand shares changed owners and the&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[50,283,704],"class_list":["post-1870","post","type-post","status-publish","format-standard","hentry","category-news","tag-agin","tag-imsc","tag-iwsy"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/1870","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=1870"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/1870\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=1870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=1870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=1870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}