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LifeLoc Technologies Inc (LCTC)

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Last Post: 5/22/2019 8:50:32 AM - Followers: 14 - Board type: Free - Posts Today: 3

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LIFELOC TECHNOLOGIES
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) 05/08/2019 01:48:38 PM
LCTC News: Quarterly Report (10-q) 05/07/2019 03:09:27 PM
LCTC News: Proxy Statement (definitive) (def 14a) 03/26/2019 04:39:03 PM
LCTC News: Current Report Filing (8-k) 03/21/2019 04:12:29 PM
LCTC News: Annual Report (10-k) 03/18/2019 02:10:54 PM
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#346  Sticky Note Lifeloc Technologies LCTC stock float: pdicamillo1 01/22/19 01:45:54 PM
#460   Lifeloc Reports First Quarter 2019 and Shareholder Vote Results: pdicamillo1 05/22/19 08:50:32 AM
#459   Lifeloc Technologies Annual Shareholders Meeting May 6, 2019: pdicamillo1 05/22/19 08:39:16 AM
#458   SpinDX - Improved Detection of Emerging Diseases on pdicamillo1 05/22/19 08:26:41 AM
#457   Key Takeaways from quarterly report: pdicamillo1 05/08/19 10:34:26 AM
#456   Quarterly Report is out for Lifeloc first quarter 2019: pdicamillo1 05/08/19 09:08:16 AM
#455   Thanks for the update. I am going pdicamillo1 05/08/19 09:03:08 AM
#454   Attended the Lifeloc Annual Shareholder meeting yesterday and Monkeyspaw 05/07/19 01:50:03 PM
#453   Holding $6 bid past few days. If PotsandPans420 05/06/19 10:13:31 AM
#452   As far as I know the Drager DrugTest pdicamillo1 05/06/19 08:14:02 AM
#451   Utterly disappointing. We have yet to trade pdicamillo1 04/26/19 07:50:30 AM
#450   When are they going to clue in the PotsandPans420 04/25/19 09:54:35 PM
#449   Although we have not traded a single share pdicamillo1 04/16/19 03:40:35 PM
#448   The only issue is that you can’t buy pdicamillo1 04/02/19 10:13:27 PM
#447   Madison, this is not a value trap, but Energy Manager 04/02/19 10:25:07 AM
#446   It did run to around $40 on good PotsandPans420 04/02/19 07:11:46 AM
#445   You are theoretically 100% right - the shares Madison1063 04/01/19 10:02:33 PM
#444   Key Takeaways include the following: pdicamillo1 03/29/19 09:50:51 AM
#443   Check out this side by side comparison of pdicamillo1 03/29/19 09:28:35 AM
#442   A Recent Lifeloc Presentation, that I believe will Energy Manager 03/27/19 04:33:41 PM
#441   Thanks missed that. Strange why she PotsandPans420 03/27/19 12:20:44 PM
#440   Looks Like Kristie LaRose had a Stock Option Energy Manager 03/27/19 11:56:35 AM
#439   looks like Kristie L. LaRose sold 10k shares. PotsandPans420 03/27/19 11:01:04 AM
#438   Have you ever made it to an annual pdicamillo1 03/26/19 10:30:32 PM
#437   Welcome aboard. I think it's fair to pdicamillo1 03/26/19 10:29:27 PM
#436   Annual Shareholders meeting announced. Basic proxy as Energy Manager 03/26/19 05:56:35 PM
#435   im intrigued trying to buy 2500 shares today. thepotstockpicker 03/26/19 03:12:07 PM
#434   I guess its a good sign that my PotsandPans420 03/22/19 10:29:23 AM
#433   That’s my plan. Profits I make on PotsandPans420 03/22/19 08:48:51 AM
#432   I would have liked to see at least pdicamillo1 03/21/19 10:59:10 PM
#431   staying on bid at 5.01. Lets PotsandPans420 03/21/19 10:26:56 AM
#430   Nice work Dicamillo... ! Energy Manager 03/19/19 10:20:44 PM
#429   Have you ever seen a better risk/reward scenario pdicamillo1 03/19/19 09:28:14 PM
#428   Here is a comprehensive list of Lifeloc's Patents: pdicamillo1 03/19/19 09:13:19 PM
#427   The Next 9 Months are going to be Energy Manager 03/19/19 09:00:42 PM
#426   Introducing the most comprehensive alcohol offender supervision and pdicamillo1 03/19/19 09:00:09 PM
#425   One thing that has not been mentioned is pdicamillo1 03/19/19 08:52:36 PM
#424   Highlights from the Lifeloc Annual Report: pdicamillo1 03/19/19 07:36:02 PM
#423   Great work on these findings. In your pdicamillo1 03/18/19 10:11:56 PM
#422   Who in the world sells 3 shares? pdicamillo1 03/18/19 10:06:33 PM
#421   This is indeed a step towards eventual uplisting. pdicamillo1 03/18/19 10:00:52 PM
#420   This is an excellent point: pdicamillo1 03/18/19 09:54:20 PM
#419   Dicamillo, in addition to the recently discussed items Energy Manager 03/18/19 04:52:48 PM
#418   Comprehensive Annual Report is out for Lifeloc: pdicamillo1 03/18/19 03:14:57 PM
#417   got filled on 3 shares today. that's ridiculous PotsandPans420 03/18/19 12:50:11 PM
#416   on bid for 2500 more. I will PotsandPans420 03/18/19 10:43:31 AM
#415   There's More to it than Appears... For Energy Manager 03/18/19 08:10:49 AM
#414   Dicamillo, I agree with most of the things Energy Manager 03/17/19 05:09:31 PM
#413   "We are pleased to facilitate easier trading for pdicamillo1 03/17/19 01:03:46 PM
#412   According to this new report from Data Bridge pdicamillo1 03/17/19 12:40:09 PM
#411   It appears that the race is on with pdicamillo1 03/17/19 08:07:06 AM
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