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LifeLoc Technologies Inc (LCTC)

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Last Post: 3/27/2020 2:00:12 PM - Followers: 16 - 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) 02/05/2020 04:45:22 PM
LCTC News: Current Report Filing (8-k) 11/12/2019 05:06:09 PM
LCTC News: Quarterly Report (10-q) 11/08/2019 02:26:49 PM
LCTC News: Quarterly Report (10-q) 08/12/2019 04:32:26 PM
LCTC News: Current Report Filing (8-k) 08/08/2019 02:50:38 PM
#346  Sticky Note Lifeloc Technologies LCTC stock float: pdicamillo1 01/22/19 01:45:54 PM
#714   I believe that the share price reflects that Energy Manager 03/27/20 02:00:12 PM
#713   Just that they are letting us know that PotsandPans420 03/26/20 04:41:41 PM
#712   My last 5 emails have gone unanswered from pdicamillo1 03/26/20 01:13:21 PM
#711   I have not combed through the annual report pdicamillo1 03/26/20 01:04:51 PM
#710   Lifeloc just had its second best quarterly earnings pdicamillo1 03/26/20 01:02:33 PM
#709   The LX9 combined with the SpinDx Technology... Energy Manager 03/25/20 02:34:58 PM
#708   Wow wish we would of bought that Friday! Have PotsandPans420 03/23/20 06:09:25 PM
#707   Here's an example of how a direct competitor pdicamillo1 03/23/20 03:04:06 PM
#706   I agree with you. They also stated PotsandPans420 03/23/20 07:56:54 AM
#705   Allow me to rant for a bit kind sir: pdicamillo1 03/20/20 09:44:27 PM
#704   This hinges on the marijuana breathalyzer coming out. PotsandPans420 03/20/20 07:22:36 PM
#703   4th quarter earnings of $.0915/share was the highest pdicamillo1 03/20/20 02:35:50 PM
#702   Down here I just don’t see how you PotsandPans420 03/19/20 02:06:48 PM
#701   The question that remains is if the seller pdicamillo1 03/19/20 12:54:22 PM
#700   Finally was able to add. 920 today PotsandPans420 03/19/20 11:34:01 AM
#699   Annual revenue is the highest since 2015 pdicamillo1 03/17/20 06:31:38 PM
#698   Lifeloc out with 2019 annual results: pdicamillo1 03/17/20 05:57:58 PM
#697   2200 available at 3.50. Never thought I PotsandPans420 03/05/20 11:20:37 AM
#696   I really want to double my position down PotsandPans420 03/04/20 06:35:51 PM
#695   New Lows! Hooray! pdicamillo1 03/04/20 02:59:38 PM
#694   We should be seeing Lifeloc Annual and first pdicamillo1 03/03/20 08:12:11 AM
#693   I think I didn't express myself correctly. Energy Manager 03/02/20 03:22:02 AM
#692   I am certainly not thrilled about the new pdicamillo1 03/01/20 09:49:22 PM
#691   Lifeloc owns a patent for Systems and methods pdicamillo1 03/01/20 01:09:35 PM
#690   When will we get a update on breathalyzer. PotsandPans420 03/01/20 11:01:53 AM
#689   Enough about the Corona virus... I've owned Energy Manager 02/28/20 04:06:09 PM
#688   LCTC has been doing nothing for 2 years pdicamillo1 02/28/20 11:33:01 AM
#687   The overall market was also just at all PotsandPans420 02/28/20 11:24:19 AM
#686   We haven't closed below $4.00 in a long pdicamillo1 02/28/20 11:17:10 AM
#685   3k available At 4 PotsandPans420 02/28/20 10:32:17 AM
#684   It’s just nobody knows about this company and PotsandPans420 02/28/20 08:04:47 AM
#683   As CDC warns of US COVID-19 spread, labs pdicamillo1 02/27/20 09:26:49 PM
#682   Any publicly traded company that has the slightest pdicamillo1 02/27/20 09:20:55 PM
#681   Coronavirus diagnosis could be improved by new breath pdicamillo1 02/27/20 09:12:41 PM
#680   The lack of volume I think just scares PotsandPans420 02/27/20 03:26:04 PM
#679   Lifeloc will acquire the exclusive rights to develop, pdicamillo1 02/27/20 01:51:46 PM
#678   Doesn't LifeLoc's SpinDx license with Sandia cover the Knowledge is King 02/27/20 01:30:17 PM
#677   Any news headline that can link Lifeloc with pdicamillo1 02/27/20 01:19:01 PM
#676   https://insights.globalspec.com/article/10906/updated-diagnostic-enables-mobile- pdicamillo1 02/27/20 01:08:02 PM
#675   If LCTC put out a pr reiterating that PotsandPans420 02/27/20 11:44:17 AM
#674   SpinDx Enables Mobile Testing for Viruses, Bacteria, and pdicamillo1 02/27/20 11:29:43 AM
#673   Any stock connected to the CoronaVirus outbreak is pdicamillo1 02/27/20 11:25:15 AM
#672   From the henryschein.com website: pdicamillo1 02/27/20 11:23:23 AM
#671   It certainly feels like the seller is not pdicamillo1 02/13/20 09:08:11 AM
#670   Someone is lurking and hits bid. PotsandPans420 02/12/20 04:30:02 PM
#669   "Lifeloc will continue these advances with the launch pdicamillo1 01/30/20 08:45:04 PM
#668   "Barry Knott or Mark A. Lary - These pdicamillo1 01/30/20 08:32:58 PM
#667   The good news is that Lifeloc actually put pdicamillo1 01/30/20 08:26:10 PM
#666   Good news out about alcohol breathalyzer PotsandPans420 01/30/20 02:03:26 PM
#665   Although the marijuana/cannabis sector has been beat up, pdicamillo1 01/30/20 08:48:52 AM