SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Rat dog micro-cap picks...
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: RikRichter4/6/2011 8:09:04 PM
  Read Replies (1) of 48461
 
IMSC 0.56 - On this afternoon's investor conference call the CEO stated that the co. has a current potential order pipeline of over $80 Million with $22 Million being repeat business and $58 Million representing new customers for their trace explosives and narcotics detection equipment. And this is before the TSA may kick in with orders that the co. and many investors are optimistic about. IMSC stated that they have been working closely with the TSA and their technology is meeting and exceeding what the TSA requires.

Their two major geographic areas of revenues continue to be derived from two of the world's major economic powerhouses, China and India, and they have now committed new marketing resources to EMEA (Europe, Middle East and Africa). It was especially encouraging to hear that China alone is building 70 new airports that IMSC will have the opportunity to obtain follow-on orders from.

For the quarter revenues more than quintupled to over $3.1 Million and their lenders have agreed to increase their credit line to $15 Million from $10 Million and is about to close on another six month extension to the end of Sept.

Not bad for a stock with a $15.6 Million market cap.

Here is the link for the conference call:

biz.yahoo.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News