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Blow & Drive Interlock Corp. (BDIC)

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Last Post: 9/30/2016 1:07:48 PM - Followers: 30 - Board type: Free - Posts Today: 2






   877-238-4492   
 




   BDI-747 Breath Alcohol Ignition Interlock Device    


BDI-747 User's Manual

 



   Corporate Headquarters   


1080 La Cienega Blvd Ste 304
Los Angeles, CA 90035

 
Contact: 877-238-4492 info@blowanddrive.com

http://www.blowanddrive.com/

https://twitter.com/blowanddrive

https://www.facebook.com/blowanddrive/

http://www.linqinterlock.com/
 
http://bdiinterlock.com/
 
http://interlocktexas.com/

https://www.facebook.com/interlocktexas/info?tab=overview



 


   OTCQB - BDIC   




Outstanding Shares: 16,327,167 as of Aug 22, 2016
Float: 5,537,500 as of April 01, 2016
CEO owned shares: 9,638,531

Business Description

Blow & Drive Interlock Corp (BDIC) based in Los Angeles, California, is a publicly traded company that distributes, and leases its Ignition Interlock Device Model# BDI-747 across 11 States. The BDI-747 is a state of the art ignition interlock device, breath-alcohol testing device approximately the size of a smartphone. The ignition interlock device requires the driver to exhale into the device prior to starting the vehicle. The device will prevent the vehicle from starting if the driver's blood-alcohol content exceeds a predetermined set level. Interlocks may be required for use by DUI or DWI ("driving under the influence" or "driving while intoxicated") offenders as part of their mandatory court or motor vehicle department program. The individual subject to the court or motor vehicle order pays for the installation/removal and monthly lease of the ignition interlock device. The Company will provide monitoring of the device at predetermined intervals according to state guidelines. Data will be collected and made available to the appropriate authorities for review. Our principal location is in Los Angeles County, California and have 100 qualified personnel to install, calibrate, remove and monitor the devices. The Company's business plan includes growth of the Company by continuing to complete and submit state applications and to build up our service infrastructure by utilizing our own retail infrastructure, independent installers, distributors and franchisees. 

    For BDIC news and filings, please visit    


  http://www.otcmarkets.com/stock/BDIC/quote
 
 
A Glance At The Breath Alcohol Ignition Interlock Device Market  
 

Since madd started working with state legislators and law enforcement in 2006 with their "Campaign To Eliminate Drunk Driving," they have made tremendous progress keeping drunk drivers off the road. What they've also done is created a soon to be $1.1 Billion a year market for manufacturers of Breath Alcohol Ignition Interlock Devices (BAIIDs) that meet state by state guidelines regulated by NHSTA standards.

The number of BAIID's in use in the U.S. for the year and up to August of 2015 according to The Traffic Injury Research Foundation, USA Inc based on 28 states and 8 companies who provide the device, has shot up to over 325,000 since 2006 or, more than 225%. Estimating the current rate of 'growth in demand' for BAIIDs created by the success rate of MADD's campaign, this market could well more than double within a few short years.

In 2012, Bloomberg estimated this market poised to reach $1.1 Billion annually by 2018-19. Since that estimate and based on Dr. Roth's diligent research of close to a decade and trending data, financially it can be estimated this market has increased in the neighborhood of 100% and shows no signs of slowing down.

The overall goal on a national effort is to have ignition interlocks available in every county, of every state, throughout the nation to meet rapidly increasing court mandated installation demand to "Eliminate Drunk Driving" all together. This would apply nationwide to all offenders including first time offenders with a BAC level of .08 or higher for conviction.

Between 2006 & 2016, the number of states requiring ignition interlocks on all offenders has gone from 1 to 28 with the last 14 states in just the past 3 years. MADD will not stop until all 50 states are on board. For evey state that signs off on the proposed bill, IID market demand can be expected to increase up to 100% or more.

From over a decade of documented BAIID statistics and evidence, we have seen as much as 45% decreases in alcohol/vehicle related deaths and an overall 67% decrease in alcohol/vehicle related offenses. MADD recently reported that BAIIDs have stopped over 12,700,000 drivers with a BAC of .025 or higher from starting their vehicles and driving intoxicated nationwide since the device was created.

Financial savings create even more state incentives and according to the NHTSA, for every dollar spent on a BAIID, states could save up to $7 per taxpayer each year. Fiscal year projected federal interlock grant dollars for all 50 states in 2016 is $17,305,041.04.

There are currently an estimated 1.5 million DUI/DWI arrests in the U.S. each year. Of those and according to the estimated 325,000 BAIID's in use in 2015, that's roughly only 22% of arrests resulting in mandated BAIID use. MADD's goal is for 100% of DUI/DWI arrests to result in mandated BAIID use. Though that number still may be a few years out, at the current growth rate and by 2018-20, roughly 60% of all DUI/DWI arrests could result in mandated BAIID use, countless lives saved, and a huge increase in demand for the device.

 


 
2015 Estimated $431 Million IID Market Grows Nearly 410% Over The Last 9 Years 
 

When Mother's Against Drunk Driving (MADD) initiated their "Campaign to Eliminate Drunk Driving" in 2006, there were an estimated 101,000 ignition interlocks in use throughout the nation. This data provided by Roth Interlock was based on 8 out of 9 distributors providing the device for convicted drunk drivers throughout the U.S.

As of June 2014, Dr. Roth's research shows that number has more than tripled to 319,000 according to 12 distributors in 42 states. If true to the trend based on Dr. Roth's decade of trailing data, it can be estimated there were over 359,000 IIDs in use at the end of 2015 and in at least 42 states.

When estimating the revenue value of the consumer market, I used an average monthly charge per IID unit including installation fees in accordance with Dr. Roth's available data. In 2006 using $70 for this average monthly charge paid by consumers, this market was estimated at approx $85 Million. Using $100 for the 2015 monthly charge up through December, the market can be estimated at approx $431 Million. Though estimated revenue generated through monthly charges per unit has increased nearly 410% and devices in use is up over 250% since 2006, providers of IIDs has only increased to approximately 8 manufacturers of the device nationwide.

In 2012 there were 15 states that mandate IIDs for first time offenders convicted of drunk driving with a BAC of .08 or higher, up from 1 state in 2006. Though it took from 2006 to 2012 for 14 additional states to adapt this law, it only took a little over 3 years to nearly double the number bringing the total to 27 states as of May 2016. Estimates at current growth rate show that by 2018-19, all 50 states may enforce some kind of first time offender law requiring first time convicted drivers to install the device if they wish to maintain driving privileges. Estimating monthly average cost to consumer may reach $120 a month per device in use by 2019 and close to 720,000 IID units may be in use in all 50 states by then, market forecasts can be estimated to top out around $1.034 Billion a year by 2019.

Granted I was confidently and easily able to estimate the 2015 market value utilizing Dr. Roth's trending data, doing so for 2016 may not be as simple. Recently Dr. Roth who is known as a top IID data analyst in studying the effectiveness, cost effectiveness, and fairness of ignition interlocks as a sanction for DWI/DUI offenders, has retired from his research. It's been determined he became discouraged due to industry leaders not sharing data and states not collecting the data themselves for public records, forcing him out of this area of study.

Immediately upon retiring from his research, the interlock companies contracted The Traffic Injury Research Foundation USA Inc. (TIRF) to publish the data. Now the state by state data is collected and passed along to the TIRF under the direction of just one competing company in this market and only data from just two thirds of the companies in this sector based on only 28 states is being used to compile data. When compared to Dr. Roth's last report for 2014 consisting of 12 companies in 42 states, it's obvious the TIRF 2015 report is not giving us the full picture of how fast this market is really growing. Though the companies have the right to provide this data as they see fit for legislation purposes, by concealing the number of units in use nationwide, they most definitely do not show the true dollar and growth numbers for this market.

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BDIC News: BDIC Issues Shareholder Update Letter 09/23/2016 01:23:00 PM
BDIC News: Blow & Drive (BDIC) Signs LOI With The Doheny Group to Finance 1,600 BDI 747/1 Machines 09/02/2016 04:00:00 AM
BDIC News: BDIC Q2 Revenues Up 146% Company Posts 4 Straight Quarters of Increasing Sales Growth 08/23/2016 11:16:00 AM
BDIC News: Quarterly Report (10-q) 08/22/2016 01:28:41 PM
BDIC News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 08/16/2016 10:59:32 AM
PostSubject
#697  Sticky Note NEWS - BDIC - LOS ANGELES, CA--(Marketwired - Sobek 09/23/16 01:37:57 PM
#724   Yea waiting Orwell99 09/30/16 01:07:47 PM
#723   L2 getting competitive, looks strong. If we get Sobek 09/30/16 12:53:46 PM
#722   I looked at every trade since day 1 Orwell99 09/28/16 11:12:24 PM
#721   nice mover/ 'Blow & Drive Interlock Corp. (BDIC)' mick 09/28/16 06:00:56 PM
#720   $BDIC http://www.barchart.com/technicals/stocks/BDIC Sobek 09/28/16 05:26:42 PM
#719   Orwell is right on with that 100 share Sobek 09/28/16 12:06:36 PM
#718   That was not a real trade it was Orwell99 09/28/16 11:16:53 AM
#717   this had a 52 wk high of 5.00 mister 09/28/16 10:59:35 AM
#716   Indeed. It's been a heck of a year Sobek 09/28/16 06:48:27 AM
#715   Logically you would think it will be way Orwell99 09/27/16 09:58:25 PM
#714   With 2,100 units leased they're like 1,000 units Sobek 09/27/16 09:30:58 PM
#713   Way under the radar of what's going on Sobek 09/27/16 06:08:59 PM
#712   $BDIC Is a great business model. No inventory, phinehas 09/27/16 06:00:42 PM
#711   $BDIC **IMPORTANT FOLLOW UP NEWS EXPECTED BY FRIDAY** Sobek 09/26/16 09:07:40 AM
#710   $BDIC Three Months Chart http://www.stockscor $Pistol Pete$ 09/26/16 02:14:25 AM
#709   Next week should be a great week for Sobek 09/24/16 01:14:22 PM
#708   This a great business model. No inventory, don't phinehas 09/24/16 12:22:29 PM
#707   Totally agree. And you know the 1,600 units Sobek 09/24/16 10:54:47 AM
#706   100 units received on the 9th of September Orwell99 09/24/16 10:27:24 AM
#705   Nice close, should be an interesting week knowing Sobek 09/23/16 07:01:47 PM
#704   A few more slaps and bring the bids Sobek 09/23/16 02:40:11 PM
#703   Nice :-) phinehas 09/23/16 02:40:04 PM
#702   Bid thicker than the L2 is showing and Sobek 09/23/16 02:14:09 PM
#701   Agree great job and please get those remaining phinehas 09/23/16 02:10:43 PM
#700   Definitely a loading opportunity for shares over the Sobek 09/23/16 02:09:05 PM
#699   I still strongly believe that this is a phinehas 09/23/16 02:01:45 PM
#698   Ok nice communication from our CEO :-) phinehas 09/23/16 01:59:55 PM
#697   NEWS - BDIC - LOS ANGELES, CA--(Marketwired - Sobek 09/23/16 01:37:57 PM
#696   News out Orwell99 09/23/16 01:32:34 PM
#694   A guilty verdict for a six-time DUI offender. sunshinesmiles 09/21/16 06:28:34 PM
#693   That's a good point made about people that Sobek 09/16/16 11:02:30 PM
#692   I definitely see your point and that's just Sobek 09/16/16 10:35:28 PM
#691   A guilty verdict for a six-time DUI offender, Orwell99 09/16/16 09:50:03 PM
#690   That makes no sense....the only diff is one Orwell99 09/16/16 09:44:10 PM
#689   I do believe someone who harms someone who SirStockALot 09/16/16 09:38:21 PM
#688   And it's not just for dui it's also Orwell99 09/16/16 09:29:56 PM
#687   why even support .08 should maybe go back Orwell99 09/16/16 09:27:57 PM
#686   Not enough drunk drivers to make money and SirStockALot 09/16/16 07:56:35 PM
#685   Go read the filings going back 3 years Orwell99 09/16/16 02:46:39 PM
#684   The Doheny Group has entered into a Letter Orwell99 09/16/16 02:43:24 PM
#683   Idk about that company has no toxic debt Orwell99 09/16/16 02:41:41 PM
#682   Just shows what a SCAM COMPANY it is. thisismynuttoo 09/16/16 12:14:31 PM
#681   Cracks me up this company paid iHub $10000 tideradio 09/15/16 03:06:15 PM
#679   Not sure about this ceo. Something is off. KittP 09/14/16 07:17:44 PM
#677   Company Tweeted......the 100 units arrived at HQ ready Orwell99 09/09/16 03:25:49 PM
#676   They're saying two to three weeks to hit Sobek 09/03/16 09:53:39 PM
#675   Looks like the market wants them to show Sobek 09/02/16 01:57:53 PM
#672   The Doheny Group has entered into a Letter phinehas 09/02/16 08:56:57 AM
#671   Great great great news! :-) phinehas 09/02/16 08:55:54 AM
#670   Grab these cheapies while you can :-) phinehas 09/02/16 08:55:18 AM
PostSubject