Implant Sciences Corporation (OTCMKTS:IMSC) Gaining More Ground

[[tagnumber 0]][[tagnumber 1]]Implant Sciences Corporations (OTCMKTS:IMSC) has been climbing the charts since it changed its direction back in March. The ticker was sliding for the first half of the year, but as the price began moving in the other direction we also saw an increase in daily volumes.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The company stock has gained a market value that is more appropriate to the industry that it operates in and the contents of its balance sheet. [[tagnumber 6]]IMSC[[tagnumber 7]] recently filed its financial report for the fiscal 2015 and it contained the following numbers of prime interest.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 11]] [[tagnumber 12]]cash: $776 thousand[[tagnumber 13]] [[tagnumber 12]]current assets: $14.5 million[[tagnumber 13]] [[tagnumber 12]]current liabilities: $96 million[[tagnumber 13]] [[tagnumber 12]]revenues: $10.2 million[[tagnumber 13]] [[tagnumber 12]]net loss: $3.3 million[[tagnumber 13]] [[tagnumber 22]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Apart from the massive amount of liabilities [[tagnumber 6]]IMSC[[tagnumber 7]] is doing fairly well. Still, it did have to negotiate an extension on the maturity date of its debt which was March 31, 2016 and acquire some breathing ground.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]There are speculations that the company might enter into a pretty interesting partnership in the near future or even be acquired by a bigger entity in the sector, which might be one of the things behind the recent climb. Yesterday we saw [[tagnumber 6]]IMSC[[tagnumber 7]] gain another 21.31% in value and close at $0.74 per share, generating $549 thousand in daily dollar volume.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Today’s session, however, has started differently and we see some hesitation. Only time will tell if this is as high as [[tagnumber 6]]IMSC[[tagnumber 7]] can go and you should be certain to do your due diligence and weigh out the risks before putting any money on the line.[[tagnumber 2]]