LifeLoc Technologies Inc (LCTC)

[pdicamillo1]

And it's time again for some more numbers:

Today's article mentioned, "There's no projections right now for how big the marijuana breathalyzer market will be. But with close to 18,000 U.S. state and local law enforcement agencies as of July 2016, the market is huge."

Let's conservatively assume that each of the state and local law enforcement agencies (when the time comes) will purchase 4 marijuana breathalyzers for each department. 18,000 agencies x 4 breathalyzers would give us a total of 72,000. Mind you, this is just in law enforcement and this is just in the United States. Lifeloc is projected to be selling each breathalyzer for $2,500 or so. I'd like to think that LCTC could be able to capture 1/4 of this market so they should be able to produce revenue of at least $45 Million just from the US law enforcement agencies that are ready, willing and able to purchase these devices.

Good luck to all those involved!