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LifeLoc Technologies Inc (LCTC)

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Last Post: 3/28/2018 8:45:47 PM - Followers: 12 - 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.” 

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LCTC News: Proxy Statement (definitive) (def 14a) 04/05/2018 05:23:34 PM
LCTC News: Annual Report (10-k) 03/26/2018 06:04:15 AM
LCTC News: Quarterly Report (10-q) 11/14/2017 04:25:50 PM
LCTC News: Statement of Changes in Beneficial Ownership (4) 10/10/2017 11:26:40 AM
LCTC News: Current Report Filing (8-k) 10/10/2017 11:22:24 AM
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#285   Spin Dx progress: pdicamillo1 03/28/18 08:45:47 PM
#284   They do have over $8 Million in Assets pdicamillo1 03/28/18 08:44:09 PM
#283   "Our 2018 operating plan is focused on growing pdicamillo1 03/28/18 08:18:48 PM
#282   You're not alone! dilligence 03/28/18 08:09:03 PM
#281   I have not been impressed by any means pdicamillo1 03/28/18 07:39:17 PM
#280   Well...? The Annual Report didn't sound like a lot dilligence 03/27/18 12:31:02 PM
#279   someone selling premarket 54 shares traded and ask PotsandPans420 03/22/18 09:28:37 AM
#278   Directly from the 2017 Lifeloc annual shareholder meeting: pdicamillo1 03/14/18 11:58:47 AM
#277   I just would love for the company to PotsandPans420 03/14/18 09:26:22 AM
#276   A second possible reason for today's move higher: pdicamillo1 03/13/18 09:52:58 PM
#275   Directly from the Canadian Society of Forensic Science pdicamillo1 03/13/18 09:45:42 PM
#274   Current market cap comparisons: pdicamillo1 03/13/18 09:28:35 PM
#273   One possible reason for today's move higher on pdicamillo1 03/13/18 09:23:07 PM
#272   Current market cap comparisons: pdicamillo1 03/07/18 11:54:53 AM
#271   "We have reached out to NHTSA to find pdicamillo1 02/22/18 09:07:43 AM
#270   This is the first time I have noticed pdicamillo1 02/16/18 04:49:45 PM
#269   All great points good sir. I would pdicamillo1 02/16/18 04:05:54 PM
#268   In regards to the Drugged Driving Initiative scheduled pdicamillo1 02/16/18 03:57:10 PM
#267   Don't worry Dicammillo, Lifeloc will have it's day Smokeitup1 02/16/18 09:22:48 AM
#266   I find it daunting to have to keep pdicamillo1 02/15/18 10:33:33 PM
#265   Someone has decided to open up a short pdicamillo1 02/15/18 10:26:25 PM
#264   US "Drugged Driving" Initiative to start next month. Smokeitup1 02/15/18 09:24:37 AM
#263   LCTC 10-K Should be out within the Next Smokeitup1 02/06/18 10:28:38 AM
#262   SPECTRAL SIGNATURE DRUG DETECTION Patent Info: pdicamillo1 02/04/18 03:57:59 PM
#261   Lifeloc Technologies Patent Information: pdicamillo1 02/04/18 03:47:17 PM
#260   The global breath analyzers market is estimated to pdicamillo1 01/30/18 08:20:19 PM
#259   President's State of the Union Address is this Smokeitup1 01/28/18 07:36:16 PM
#258   It appears that the recent upward move in pdicamillo1 01/27/18 12:55:05 PM
#257   The BLOZF board contains a wealth of great pdicamillo1 01/27/18 12:43:20 PM
#256   Friday's volume was entirely on the buy side pdicamillo1 01/27/18 12:36:49 PM
#255   Can you share with the BLOZF board? euroconversions 01/26/18 10:22:38 AM
#254   Here's why I am selling off more of pdicamillo1 01/24/18 09:41:06 PM
#253   Highest Volume Day in Lifeloc's trading history. pdicamillo1 01/24/18 09:20:57 PM
#252   Better get some Now ! Something's Brewing Smokeitup1 01/24/18 01:30:53 PM
#251   Drug Screening Market Worth 8.63 Billion USD by 2022: pdicamillo1 01/17/18 08:19:15 AM
#250   Breathalyzer Market 2018- Intoximeters, Lion Laboratories Limited, Lifeloc Techn pdicamillo1 01/17/18 08:10:55 AM
#249   The new legislation in Canada is very clear pdicamillo1 01/11/18 09:11:49 PM
#248   I think we should start with a simple pdicamillo1 01/06/18 08:15:56 PM
#247   I agee that Lifeloc is well positioned to Smokeitup1 01/05/18 10:05:46 AM
#246   Jeff Sessions’ Marijuana Adviser Wants Doctors to Drug-Test Everyone: pdicamillo1 01/04/18 08:23:04 PM
#245   LCTC - BLOZF comparison: pdicamillo1 01/03/18 11:13:37 PM
#244   Blozf market cap = 257.5 Million pdicamillo1 01/03/18 10:14:00 PM
#243   What I also find interesting is that the pdicamillo1 01/02/18 11:34:07 PM
#242   The volume in LCTC, BLOZF and VNTH makes pdicamillo1 01/02/18 11:31:41 PM
#241   Nice Find. Maybe they are gearing up pdicamillo1 01/01/18 07:02:33 PM
#240   2 Big things Happening in California this Week...! Smokeitup1 01/01/18 02:37:41 PM
#239   Some fascinating statistics about LCTC: pdicamillo1 12/29/17 09:25:20 AM
#238   Sandia adds HIV and tuberculosis to rapid medical pdicamillo1 12/23/17 04:43:59 PM
#237   This is the latest update I have for pdicamillo1 12/23/17 04:41:30 PM
#236   The clear winner in the cannabis breathalyzer space pdicamillo1 12/06/17 10:39:58 PM
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