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LifeLoc Technologies Inc (LCTC)

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Last Post: 9/20/2018 7:15:03 PM - Followers: 12 - Board type: Free - Posts Today: 0  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.” 

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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
LCTC News: Initial Statement of Beneficial Ownership (3) 06/12/2018 07:11:19 PM
LCTC News: Specialized Disclosure Report (sd) 06/01/2018 06:03:22 AM
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#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
#290   I have to admit I have also been pdicamillo1 05/15/18 09:20:12 AM
#289   The silence is deafening... dilligence 05/14/18 01:55:58 AM
#288   I am looking at the current share price pdicamillo1 05/02/18 05:47:32 PM
#287   SpinDX still requires a fluid sample. Not sure dilligence 05/02/18 04:46:11 PM
#286   I attended Lifeloc annual shareholder meeting yesterday. VERY Monkeyspaw 05/02/18 03:09:03 PM
#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