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Re: vtrade4 post# 119

Monday, 01/09/2017 3:16:13 PM

Monday, January 09, 2017 3:16:13 PM

Post# of 1869
In response to "Could LifeLoc be looking at buying out Cannabix Technologies Breathalyzer?"

In my honest opinion, I do not think Lifeloc is looking into a buyout of Cannabix. They do not currently have the market cap, funding, or capital to purchase or buyout another company. BLOZF market cap is approx. 1.5 times that of LCTC so a buyout of Cannabix is most likely not in the cards.

That's not to say bigger companies are not looking at these guys but a buyout would have to come from a bigger and more capitalized company than Lifeloc.

Thanks.
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