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LifeLoc Technologies Inc (LCTC)

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Last Post: 1/17/2019 8:48:02 AM - Followers: 12 - 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.” 

Current Price
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LCTC News: Current Report Filing (8-k) 11/19/2018 04:06:42 PM
LCTC News: Quarterly Report (10-q) 11/08/2018 11:58:01 AM
LCTC News: Current Report Filing (8-k) 08/16/2018 12:04:39 PM
LCTC News: Quarterly Report (10-q) 08/09/2018 01:03:57 PM
LCTC News: Current Report Filing (8-k) 07/02/2018 05:48:27 PM
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#341   I wouldn't be too concerned about the recent Energy Manager 01/17/19 08:48:01 AM
#340   As we witness LCTC trade to a new pdicamillo1 01/15/19 10:43:23 AM
#339   I see Lifeloc as the biggest underdog in pdicamillo1 01/15/19 10:29:03 AM
#338   With a current float of 362,192 that puts pdicamillo1 01/15/19 08:48:03 AM
#337   The float is 362,192. Management and PotsandPans420 01/14/19 03:18:20 PM
#336   Its sad PDICAMILLO1 everything you post is spot PotsandPans420 01/14/19 03:14:09 PM
#335   In comparing LCTC to BLO/BLOZF: pdicamillo1 01/02/19 01:42:24 PM
#334   Interesting upwards price movement in LCTC and BLOZF pdicamillo1 12/27/18 04:20:10 PM
#333   CEO Dr. Wilkomm's response to questions: pdicamillo1 12/20/18 05:12:16 PM
#332   This $5.65-$6.00 price level is important to break pdicamillo1 12/18/18 07:32:43 PM
#331   Questions sent to Dr. Wilkomm: pdicamillo1 12/18/18 07:24:33 PM
#330   Sales Forecasts of Alcohol Sensing Market Reveal Positive pdicamillo1 12/18/18 07:21:04 PM
#329   According to this recent article the Breath Analyzers pdicamillo1 12/18/18 07:19:17 PM
#328   Looking at the current quarterly earnings report from pdicamillo1 11/14/18 07:53:15 AM
#327   Comparison of Lifeloc vs. Cannabix and current state pdicamillo1 11/14/18 07:31:19 AM
#326   "We expect to start to realize benefits from pdicamillo1 11/13/18 09:18:11 PM
#325   Progress! From Tonight's PR: pdicamillo1 11/13/18 08:52:04 PM
#324   Lifeloc has $1.08/share in cash pdicamillo1 11/13/18 02:04:09 PM
#323   Current market cap of Lifeloc sits right around pdicamillo1 11/13/18 01:37:50 PM
#322   The most important statement in the entire report pdicamillo1 11/10/18 09:35:02 AM
#321   Highlights from the Quarterly Report: pdicamillo1 11/09/18 06:02:35 PM
#320   The 10-Q was released today. Lifeloc remains Energy Manager 11/08/18 02:27:39 PM
#319   The only reason that I know of that pdicamillo1 10/22/18 09:28:33 PM
#318   Dicamillo... like you said - "this company is Energy Manager 10/22/18 09:18:09 PM
#317   Looks like some sector rotation out of Canadian pdicamillo1 10/22/18 08:50:27 PM
#316   It's about to get real... Energy Manager 10/21/18 11:22:03 AM
#315   Sounds Wonderful. You can have my vote pdicamillo1 10/20/18 04:37:02 PM
#314   Envision this stock as it sits just off Energy Manager 10/20/18 12:49:26 PM
#313   As Canada has gone full adult recreational cannabis pdicamillo1 10/19/18 07:47:36 PM
#312   Answer: Not only has Lifeloc demonstrated that, but Energy Manager 10/18/18 06:29:25 AM
#311   Question: Are there any companies/organizations public or private that pdicamillo1 10/17/18 06:14:12 PM
#310   From the Lifeloc 2018 Annual Shareholders meeting: pdicamillo1 10/13/18 10:08:51 PM
#309   conference today. Thought we would see PotsandPans420 09/27/18 02:41:10 PM
#308   Possible reason for the increased volume and move pdicamillo1 09/26/18 07:24:10 AM
#307   added shares today PotsandPans420 09/25/18 10:14:19 AM
#306   about 362,000 shares in the float. Shocking PotsandPans420 09/24/18 11:49:56 AM
#305   This entire float can be locked up at pdicamillo1 09/20/18 07:15:03 PM
#304   silver lining is that your position becomes a Madison1063 09/20/18 04:09:37 PM
#303   silver lining is that your position becomes a Madison1063 09/20/18 04:09:34 PM
#302   silver lining is that your position becomes a Madison1063 09/20/18 04:09:28 PM
#301   silver lining is that your position becomes a Madison1063 09/20/18 04:09:22 PM
#300   What I can't wrap my head around is pdicamillo1 09/20/18 03:49:57 PM
#299   Knowing more than a bit about this business, Madison1063 09/20/18 03:31:09 PM
#298   Share price sits at an all time low pdicamillo1 09/20/18 03:23:41 PM
#297   What I find astounding is that LCTC is Madison1063 09/20/18 02:11:54 PM
#296   It appears that they had the opportunity, but dilligence 09/20/18 12:52:08 PM
#295   its a shame this doesn't get any attention PotsandPans420 09/20/18 10:25:29 AM
#294   TLRY has a market cap of over $20 pdicamillo1 09/19/18 09:43:32 PM
#292   the way the float is here this could PotsandPans420 09/19/18 11:58:25 AM
#291   Just in case anyone out there doesn't understand dilligence 06/21/18 09:09:52 PM