Implant Sciences Corp. (OTCQB:IMSC) was featured on CorporateProfile.com Wednesday for its explosives trace detector devices that one micro-cap investor believes could have stopped the would-be-underwear-bomber-turned-CIA informant.
It was reported on Tuesday that the would-be suicide bomber
dispatched by the Yemen branch of al-Qaeda last month to blow up a
U.S.-bound airliner was actually an agent who infiltrated the terrorist
group and volunteered for the suicide mission, U.S. and foreign
Microcap investor Joe Salvani said he believes Implant’s devices
could have caught the underwear bomber before he got on the plane.
Implant has two devices currently, a handheld explosives trace
detector called the Quantum Sniffer QS-H150, and the Quantum Sniffer
The QS-B220 is a trace detector that uses ion mobility spectrometry
to identify a number of military, commercial and homemade explosives and
The QS-H150 uses no radioactive materials, and rapidly detects trace
amounts of a number of military, commercial, and homemade explosives.
On the program, Salvani said he believes the Transportation Security
Administration (TSA) is "probably going to quickly review and allow this
technology to be used to try and prevent what right now is a gaping
hole in our security system getting on planes."
Salvani said that Implant’s devices are the only products that could
actually sniff out a trace explosive of any type, specifically the
pentaerythritol tetranitrate (PETN) that was used in the recent
underwear bomber incident, and two years ago in another underwear bomber
occurrence on a plane bound for Detroit.
"Supposedly this new technology uses a plastic detonator to [ignite]
the powdery substance in the underwear that was supposed to go on the
plane,” said Salvani.
"Luckily this was a plant and it was a CIA agent, however the master bomb maker is still out there."
Salvani added that almost all the articles that have been written in
the last several days say that the TSA system as it is set up, cannot
"As a matter of fact, a congressional report has stated that
Implant’s Quantum Sniffer can detect PETN and actually would be an ideal
product," he concluded.
Implant's QS-H150 devices are used by private companies as well as
government agencies to screen baggage, cargo, vehicles, and people for
the detection of trace amounts of explosives and narcotics.
In a statement, the company said the majority of these systems will be used for corporate security, a growing market for Implant Sciences.
The company's Quantum Sniffer QS-B220 is a trace detector that uses
ion mobility spectrometry to identify a number of military, commercial
and homemade explosives and narcotic substances.
It was introduced in May, 2011.
The benchtop explosives and narcotics detector is suited for a number
of security settings, including high-traffic airports, borders, and
Recently, Implant’s distributor Guartel Technologies featured the
company’s Quantum Sniffer QS-H150 and Quantum Sniffer QS-B220 at a
Counter Terror Expo in London.
Salvani said he thinks Implant’s August 27 anticipated release of a
cargo-related detection device is going to boost the company's stock
price as high as $3. However, because of the recent underwear bomber
news, the company's shares will see an immediate significant boost.
Indeed, Implant's shares skyrocketed 20 percent Thursday, and were trading at $1.14 near market close.