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LifeLoc Technologies Inc (LCTC)

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Last Post: 9/25/2020 9:55:23 PM - Followers: 18 - Board type: Free - Posts Today: 0

YourCompany.com  View Images of FC10 Breathalyzer
2,454,116 Shares Outstanding
Lifeloc's current float stands at 192,580 according to my calculations (Lowest public float of all marijuana/cannabis stocks + in the lowest 20 floats of all US based publicly traded companies)
Total assets $8,028,098
CASH, END OF PERIOD $3,383,541

“As marijuana legalization spreads across the country and the world, the need to get rapid and reliable testing methods to law enforcement officers will only increase. Providing this technology is consistent with Lifeloc’s corporate mission to make our roads and workplaces safer,” said Dr. Wayne Willkomm, CEO of Lifeloc Technologies. Feasibility of detection has already been demonstrated for very low levels of delta-9-THC (the primary psychoactive agent of marijuana), cocaine, and methamphetamine.

Dr. Willkomm commented, “It is an exciting time to be at Lifeloc. We are well positioned for growth and I look forward to building the business through an increasingly effective alcohol and drug detection product pipeline.”

Lifeloc is expanding its product portfolio into “near and remote sensing” opportunities outside of alcohol testing. In September 2014 the company received an award of $250,000 from the Colorado Office of Economic Development and International Trade for the continued development of a THC breathalyzer for detection of the psychoactive compound in Marijuana which causes impairment.

Lifeloc has previously introduced our efforts in THC breath detection, more commonly referred to as a marijuana breathalyzer. We are taking our core competency in designing and building rugged, portable, real-time analytical devices and leveraging that with trace compound detection technology from the U.S. Naval Research Laboratories. This work is being accelerated by a $250,000 grant from the Colorado Office of Economic Development and International Trade to match certain R&D expenditures on this marijuana breathalyzer. Thus far, we have demonstrated the sensitivity to detect extremely small amounts of delta-9-tetrahydrocannabinol (delta-9-THC), the main psychoactive ingredient in marijuana, under perfect conditions in the laboratory. Work continues to develop this capability in a portable device and under real world conditions with interfering components as present in a breath sample.

Marijuana/cannabis related products offered by Lifeloc.

Drug screening products:

We offer a full line of drugs of abuse (DOA) testing products including saliva tests, collection cups, test cups, dip cards, adulteration strips, bluing tablets and other testing supplies.

Marijuana and the workplace online drug training course

Cannabis impairment goggles

Drug and alcohol policy guidance

Substance abuse professionals

Drug and alcohol employee awareness course

 Development work continues on the real time, quantitative analysis for a panel of drugs including THC utilizing the SpinDx™ technology licensed from Sandia Corporation and the closely related THC breathalyzer. This work has demonstrated the detection of very low quantities of THC, but more work is needed to reduce this to a practical device. The Lifeloc commitment to innovation remains as strong as ever.” 

  • The marijuana breathalyzer took a step closer to realization with the detection of delta-9-THC (the psychoactive agent) captured from a vapor sample. The ability of our technology to detect delta-9-THC down to a concentration of 5 nanograms per milliliter has been demonstrated in our laboratories. Detection is accomplished through the SpinDx technology, licensed exclusively by Lifeloc Technologies for drugs of abuse from Sandia National Laboratory. More work is needed to convert this technology into a simple-to-operate device suitable for roadside testing. The next step is human testing of the collection and detection mechanism.
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LCTC News: Current Report Filing (8-k) 08/17/2020 06:13:37 AM
LCTC News: Quarterly Report (10-q) 08/13/2020 04:55:07 PM
LCTC News: Current Report Filing (8-k) 07/16/2020 06:00:36 AM
LCTC News: Amended Quarterly Report (10-q/a) 07/08/2020 06:01:29 AM
LCTC News: Specialized Disclosure Report (sd) 05/29/2020 11:15:45 AM
#346  Sticky Note Lifeloc Technologies LCTC stock float: pdicamillo1 01/22/19 01:45:54 PM
#795   Put another way, I have been at this Madison1063 09/25/20 09:55:23 PM
#794   Vern D. Kornelsen is the majority shareholder and pdicamillo1 09/17/20 10:12:03 PM
#793   They control the majority of the voting so PotsandPans420 09/17/20 02:03:25 PM
#792   At this point, I have to agree with pdicamillo1 09/17/20 01:18:59 PM
#791   If you own over 100k shares that would PotsandPans420 09/17/20 10:45:31 AM
#790   I enormously respect your tenacity and diligence. Madison1063 09/16/20 11:41:29 PM
#789   Marshaling resources to fight COVID-19: pdicamillo1 09/14/20 08:49:46 AM
#788   I'm buying, but I'm not an insider... Energy Manager 09/03/20 03:44:25 PM
#787   Lifeloc is currently sitting at a market cap pdicamillo1 09/03/20 08:40:08 AM
#786   Overall market - new highs every day - pdicamillo1 09/02/20 08:54:02 AM
#785   I'm on the ropes about management. At Energy Manager 09/01/20 02:23:12 PM
#784   At this point there are really only three pdicamillo1 09/01/20 09:11:51 AM
#783   Snoozer so far. BeforeItsNews 08/31/20 10:55:33 PM
#782   Someone was excited to buy shares right at PotsandPans420 08/24/20 02:49:34 PM
#781   Saliva test out for covid. Lctc not PotsandPans420 08/18/20 08:38:45 AM
#780   I see two items from the report that pdicamillo1 08/13/20 10:50:46 PM
#779   Well the report is out. The interesting Energy Manager 08/13/20 06:29:44 PM
#778   Here's another opportunity that seems like a no-brainer pdicamillo1 08/13/20 09:40:14 AM
#777   This could be an easy partnership opportunity for Lifeloc: pdicamillo1 08/13/20 09:01:53 AM
#776   Well, not sure if it will affect our Energy Manager 08/11/20 04:46:51 PM
#775   This would be a great day for Lifeloc pdicamillo1 08/10/20 10:47:38 AM
#774   Yes! Well said. pdicamillo1 08/10/20 09:47:06 AM
#773   As Cannabis stocks rally, Lifeloc stock continues to Energy Manager 08/10/20 08:59:24 AM
#772   Look for the second quarter earnings report in pdicamillo1 08/05/20 09:50:35 AM
#771   Checking in to see if you had a pdicamillo1 08/04/20 11:03:08 AM
#770   Insiders own about 90% of the shares. PotsandPans420 07/31/20 12:03:02 PM
#769   Chart setup. Didnt do any due diligence BeforeItsNews 07/31/20 11:13:38 AM
#768   This is rarely traded. Any particular reason KarinCA 07/31/20 11:13:12 AM
#767   I grabbed a 500 share starter pack this week. BeforeItsNews 07/31/20 10:49:10 AM
#766   We can see from this wikipedia article that pdicamillo1 07/30/20 09:43:59 AM
#765   Thanks I’ll keep you posted PotsandPans420 07/28/20 03:21:18 PM
#764   Excellent. I can share some of what pdicamillo1 07/28/20 12:38:42 PM
#763   I’m going to this week PotsandPans420 07/28/20 12:29:09 PM
#762   Agreed. Is there anything more important in pdicamillo1 07/28/20 12:18:52 PM
#761   Not sure what they are waiting for. PotsandPans420 07/28/20 11:36:31 AM
#760   RAPID ACCELERATION OF DIAGNOSTICS (RADX) pdicamillo1 07/28/20 10:25:18 AM
#759   6500 bid at 3.05 PotsandPans420 07/27/20 10:01:50 AM
#758   Great find! This the first example of pdicamillo1 07/26/20 08:37:24 AM
#757   Rapid Point-of-Care Serological Tests Energy Manager 07/26/20 07:29:34 AM
#756   A Covid-19 Breathalyzer should be top priority for pdicamillo1 07/24/20 08:29:01 AM
#755   On news today breath test under development for PotsandPans420 07/23/20 03:32:58 PM
#754   Ask @ 3.30 PotsandPans420 07/22/20 03:16:34 PM
#753   It's great that your letting us know about pdicamillo1 07/21/20 08:48:42 AM
#752   An executive with Quest Diagnostics DGX told the Energy Manager 07/21/20 08:01:00 AM
#751   Feel free to email management/the CEO/investor relations to pdicamillo1 07/20/20 10:54:20 AM
#750   My latest email to the CEO has gone pdicamillo1 07/20/20 10:52:12 AM
#749   Have you spoken to anyone over there recently? PotsandPans420 07/20/20 10:39:13 AM
#748   I am fairly confident that the single best pdicamillo1 07/20/20 09:53:59 AM
#747   The fact they got the PPP $ a PotsandPans420 07/20/20 09:38:26 AM
#746   New website design for Lifeloc - https://www.lifeloc.com/ pdicamillo1 07/20/20 08:17:46 AM
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