Implant Sciences Corporation (OTCMKTS:IMSC) Takes Another Step Up
[[tagnumber 0]][[tagnumber 1]]Ever since the first half of March we have seen the stock of Implant Sciences Corporation (OTCMKTS:IMSC) gain altitude. The ticker does have some setbacks from time to time, but the value it has gained is significant and we have also seen increase daily volumes.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The company has already reached a rather decent market cap for its sector and it doesn’t seem too keen on stopping just now. The numbers contained in its financial report for the fourth quarter of 2015 are also not that bad when you compare it to other players in the industry.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 9]] [[tagnumber 10]]cash: $776 thousand[[tagnumber 11]] [[tagnumber 10]]current assets: $14.5 million[[tagnumber 11]] [[tagnumber 10]]current liabilities: $96 million[[tagnumber 11]] [[tagnumber 10]]revenues: $10.2 million[[tagnumber 11]] [[tagnumber 10]]net loss: $3.3 million[[tagnumber 11]] [[tagnumber 20]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Those numbers are fairly decent, apart from the large amount of debt that [[tagnumber 24]]IMSC[[tagnumber 25]] has. The debt’s maturity, however, was March 31, 2016 so the company had to negotiate an extension. [[tagnumber 24]]IMSC[[tagnumber 25]] got some breathing room and it seems that this was enough for investors.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]While there are no new press releases coming from the company itself, there have been speculations on investor message boards about the near future of the company that seem to be the drive behind the upward climb that IMSC has experienced over the past couple of months.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]With the latest press release dated May 2 we saw [[tagnumber 24]]IMSC[[tagnumber 25]] gain 7.97% in yesterday’s trading and close the session at $0.799. A total of 497 thousand shares changed their owners and generated $398 thousand in daily dollar volume.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The company stock seems quite hesitant in today’s trading and is already 9.76% down the charts, as of the writing of this article. In any case, be sure to do your own due diligence and weigh out the risks before putting any money on the line.[[tagnumber 2]]