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LifeLoc Technologies Inc (LCTC)

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Last Post: 10/8/2019 5:10:30 PM - Followers: 15 - Board type: Free - Posts Today: 0

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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.
LCTC
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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
LCTC News: Specialized Disclosure Report (sd) 05/31/2019 12:47:21 PM
LCTC News: Current Report Filing (8-k) 05/30/2019 02:17:07 PM
LCTC News: Current Report Filing (8-k) 05/08/2019 01:48:38 PM
PostSubject
#346  Sticky Note Lifeloc Technologies LCTC stock float: pdicamillo1 01/22/19 01:45:54 PM
#573   According to Lowfloat.com, Lifeloc has the 14th lowest pdicamillo1 10/08/19 05:10:30 PM
#572   Cannabix (BLO/BLOZF) has a current market cap of pdicamillo1 10/08/19 01:59:21 PM
#571   Total volume for the months of September and pdicamillo1 10/08/19 01:52:25 PM
#570   The stock price of LCTC is lower than pdicamillo1 10/01/19 09:51:10 PM
#569   With the latest news release from Cannabix: pdicamillo1 10/01/19 09:41:09 PM
#568   From the looks of it, there are not pdicamillo1 09/19/19 05:14:28 PM
#567   In response to your previous post: pdicamillo1 09/18/19 01:34:05 PM
#566   this is getting old quickly. We are PotsandPans420 09/18/19 10:32:47 AM
#565   If we don't get any follow through or pdicamillo1 09/13/19 12:54:07 PM
#564   and just like that 5.26x6. this PotsandPans420 09/13/19 11:24:32 AM
#563   just seems like people get frustrated and probably PotsandPans420 09/09/19 11:44:46 AM
#562   It's a bit disheartening when it takes a pdicamillo1 09/08/19 08:08:18 PM
#561   Shareholder satisfaction and stock price appreciation have never pdicamillo1 09/08/19 08:03:22 PM
#560   It just seems like they have no desire PotsandPans420 09/06/19 09:21:07 AM
#559   The open book in LCTC is very thin pdicamillo1 09/05/19 09:44:45 PM
#558   Here is the detailed patent for the SPECTRAL pdicamillo1 09/05/19 06:57:01 PM
#557   The intellectual property of Lifeloc Technologies includes 16 pdicamillo1 09/05/19 06:50:44 PM
#556   Do we have any patents on the technology PotsandPans420 09/05/19 04:11:16 PM
#555   Current Cannabix/Lifeloc market cap comparison: pdicamillo1 09/05/19 12:28:20 PM
#554   That was from back in the middle of pdicamillo1 09/05/19 12:22:44 PM
#553   when was that response from? PotsandPans420 09/05/19 11:39:28 AM
#552   Here is what I have in regards to pdicamillo1 09/05/19 10:36:32 AM
#551   Here's the email address for the CEO Wayne Wilkomm: pdicamillo1 09/05/19 10:33:26 AM
#550   Here's an article on the science behind the pdicamillo1 09/05/19 10:29:59 AM
#549   Do you also know how they are testing PotsandPans420 09/05/19 10:11:28 AM
#548   When are we gong to get a update. PotsandPans420 09/05/19 09:31:32 AM
#547   From the Boulder weekly news: pdicamillo1 09/05/19 08:29:32 AM
#546   Believe it or not, LCTC is at a pdicamillo1 08/31/19 08:51:32 AM
#545   Here we are again at this utterly important pdicamillo1 08/29/19 10:00:03 PM
#544   The one year chart of LCTC shows a pdicamillo1 08/22/19 07:23:59 AM
#543   It is true that we may not have pdicamillo1 08/21/19 07:55:46 AM
#542   So now that quarterly report is out what’s PotsandPans420 08/17/19 06:05:44 PM
#541   What Happens at Different BAC Levels? pdicamillo1 08/13/19 07:24:30 PM
#540   "Lifeloc Technologies, a company that sells breathalyzers and pdicamillo1 08/13/19 07:13:54 PM
#539   They really need to start doing conference calls PotsandPans420 08/13/19 10:12:28 AM
#538   We granted 50,000 options to an officer in pdicamillo1 08/13/19 09:29:53 AM
#537   Great report. I have been staying on bid PotsandPans420 08/13/19 09:29:28 AM
#536   In March 2017 we acquired substantially all of pdicamillo1 08/13/19 09:07:09 AM
#535   "Revenues in the second quarter of 2019 were pdicamillo1 08/13/19 08:52:55 AM
#534   Lifeloc full quarterly report is out: pdicamillo1 08/13/19 08:23:12 AM
#533   Lifeloc should be able to grow revenues 10% pdicamillo1 08/09/19 12:25:56 PM
#532   Keep in mind that the 372,192 total shares pdicamillo1 08/09/19 11:30:28 AM
#531   67 shareholders of record as of March 2019 PotsandPans420 08/09/19 11:00:41 AM
#530   Thanks that's very helpful because if its just PotsandPans420 08/09/19 10:55:06 AM
#529   Barry Knott - former CEO who left the pdicamillo1 08/09/19 10:34:58 AM
#528   Any thoughts/ideas on as to where/why we continue pdicamillo1 08/09/19 10:30:54 AM
#527   Who are those 2 people? PotsandPans420 08/09/19 10:29:34 AM
#526   I am going back on the bid. PotsandPans420 08/09/19 10:23:00 AM
#525   Barry Knott or Mark A. Lary - These pdicamillo1 08/09/19 10:21:50 AM
#524   just like that seller hits 6 and puts PotsandPans420 08/09/19 09:55:10 AM
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