Well the report is out. The interesting wording on the marijuana breathalyzer is that they are currently in "Commercialization" of the marijuana breathalyzer. They expect it to be complete by the end of next year.

Well, not sure if it will affect our trading, but Kamala Harris is a huge win for the cannabis sector. She wants to reschedule marijuana and legalize it. If politics are going to be a catalyst going forward, this is huge...

As Cannabis stocks rally, Lifeloc stock continues to underperform. Canopy Growth has gone from under 12 dollars to over 18 in past months.

Lifeloc's management needs to address the underperformance of their stock, and be held accountable. It's time to gain momentum and get this company's stock price out of the basement, otherwise we will ultimately miss the current rally beginning in marijuana stocks.

Investors have been patient as we watched the stock price go from 20 dollars to 3 dollars. This company is much better financially positioned than any cannabis stock I know. It has solid earnings and is relatively self sufficient, whereas it does not need to issue stock to sustain operations like many other companies in this sector.

So what's wrong here...?

It's time to make a move. Get some positive news on the news wire. Get the stock price back over 5 dollars. Give investors some insight, something to give them a little reassurance. Stock price is a reflection of management's performance. As the overall stock market continues to hit 52 week highs, and other companies in the cannabis sector rally, Lifeloc sits dead in the water - with no trade volume.

It's time for change...

Rapid Point-of-Care Serological Tests

Sandia is developing a panel of immunoassays enabling detection of viral antigens (Ags) and anti-SARS-CoV-2 antibodies (Abs) produced by the host in response to infection. These immunoassays will be implemented Sandia’s portable SpinDx platform, which also offers rapid detection without need for sample preparation. A newer version of SpinDx adds the capability to detect nucleic acid markers using a LAMP assay. Simultaneous detection of viral RNA, combined with the detection of host response to infection via immunoassays, will be a powerful way to diagnose COVID-19 at all stages of disease. Moreover, this combination of assay types would enable us to both positively identify SARS-CoV-2 and rule out influenza or other coronaviruses.

An executive with Quest Diagnostics DGX told the Financial Times there was "no way" the current swab testing capacity in the U.S. would expand enough to handle the fall flu season.

James Davis, an executive vice president with Quest Diagnostics, said in an interview the country would have to come up with alternative ways to detect Covid-19 infections.

Breaking News Just Released - Study finds No Detectable Chance of Catching Virus from Breath Alcohol Test... Business Wire Tuesday, July 14, 2020 at 3:50 pm...

As other cannabis related stocks began to move last week, not even a hundred share interest in Lifeloc...

Canopy Growth, Tilray, and Aurora Cannabis all had nice moves up, but here we sit. We can't even get a residual uptick from moves in the marijuana sector. Looks like dead money for two more years...

Well, the quarterly report is out. Small loss, and more of the same old statements that they have the technology to detect marijuana, but they continue to try to adapt that technology into a portable device. Same thing every quarter.

The sad part is that if you own the stock, your almost stuck holding it, unless you want to take a big loss and sell at the bid. There seems to be a lot of resistance above - with thousands of shares in the 5 to 6 dollar range for sale, but only hundreds of shares on the buy side, until you reach the low 2's where I've seen a bid for around 1500 shares.

I've been trying to be optimistic, but years of optimism has only brought greater pain...

I believe that the share price reflects that of most stocks in the cannabis industry. If you were to superimpose many of these stocks charts - you would see similarity. Not to say that Lifeloc can't buck that trend, but ever since it began development of a marijuana breathalyzer, it got looped into this sector.

There has been an increase in short position, although small amount of shares, it was a large percentage increase. I would keep an eye on the other stocks in this sector - Canopy Growth has been getting a lot of press recently, and money has been moving back into the cannabis sector as a whole.

A photo of the LX9 breathalyzer body showing the implementation of the SpinDx technology would be a great start to show at least some tangible progress...

It won't take many trades at the ask to get this back in the six dollar range. Patience....

The LX9 combined with the SpinDx Technology... starting to elaborate a little more... I think we can assume that any weak holders of stock have probably sold by now...

Since they just released that RCL will have extend its suspension of cruises for another 30 days, I hope you are ready for a big drop...

I think I didn't express myself correctly. The stock had a nice run a few years ago, and it has since consolidated and formed a base - which is often what happens after a move up or down.

This stock has essentially been in a base for 2 years - with no major accumulation or distribution. It is in a range bound trading pattern or "channel" as some call it. I think you may be too focused on looking at the ask size, and not looking at the big picture. With the low trading volume of this stock, I think this just magnifies this effect.

There has basically only been one trade for this stock for the past two years - buy around 4, and sell around 6. Whether it's one person doing this trade, or a small group, that is what is occurring here. So what you will normally see here is the ask size increase as it nears 6, and the bid size rise as it approaches 4. Again, due to the low volume and float, this may seem more magnified.

The MACD has basically been flat for two years. To have a slight price drop after a major market sell-off is nothing to get worried about in my opinion. The Coronavirus really has no impact on this company. Things that we need to get some momentum going are sector-wide rally, bringing the marijuana breathalyzer to market, increased earnings and patents. I will say that it looks like Lifeloc is starting to become a little more proactive in press releases and social media... maybe a sign of good things to come?

Enough about the Corona virus... I've owned thousands of shares of this company for years now, and they are not in the virus business. The goggles they sell are "Impairment" Goggles - they simulate different levels of intoxification when worn. They are not safety goggles. That's enough about goggles.

The big seller you keep referring to is most likely not an insider at all - probably just a market maker, or short seller trying to keep the price down, and possibly trying to accumulate shares cheap. If you notice that when these big shares come up on the ask, there is almost a bigger size appear on the bid - at least temporarily and intermittently. Someone wants shares, and they are trying to accumulate them cheaply.

This stock is eventually going to take off, give it time. It's built a solid base in the $4 to $6 range, and it's business will not be affected at all by a viral pandemic. It has earnings - that's almost unheard of for a small company in this sector.

I haven't posted here in a long time, but I still own every share I bought after selling during the run up to the twenties. I made a lot of money, and I'm looking to do that again - hopefully before the November election.

I wish everyone good fortune here.

Have a great weekend !

Madison, this is not a value trap, but the last year has been a great opportunity to purchase shares at a great value. As the company has evolved, it's future is becoming brighter and brighter. It has been consistently profitable - with rising revenues and new products. They have planned expansion of their current manufacturing/R & D facility in Colorado, and have publicly demonstrated that they are expanding their workforce - in both high end technical management positions, as well as manufacturing/production positions by public job postings. With recent new products that were in development and now coming to market, this will both increase revenue and sales - as well as allow the company to fully devote their resources on the completion of the marijuana breathalyzer that they have been developing.

Yes, the volume is low, but this often occurs as people willing to sell their shares ceases. As selling pressure decreases, and demand increases, so will the share price. To try and buy thousands of shares a dollar below the last traded price may not be futile, but at this point in the game, may be highly unlikely to get a complete fill of your order. Sometimes you have to pay tne ask, and it still may be a great value....!

I agree that a buyout is somewhat unlikely, but not completely. At Lifeloc's current market cap, it would make an attractive takeover target for a company such as Intoximeters, Intoxalock, Drager, or Smart Start. Again, I am not touting this, just saying it could make sense.

I think we are getting ready to see a large increase in volume, much greater than the volumes experienced in 2017. This is just my opinion, but the groundwork has been laid.

Good fortune to everyone...

A Recent Lifeloc Presentation, that I believe will be updated in the very near future...

https://www.lifeloc.com/download/lifeloc_pitch2018.pdf

Looks Like Kristie LaRose had a Stock Option for 10,000 Shares that expired on 10/1/2018 with a strike price of 2.32. The Schedule 14 A states that as of the close of March 26, she will beneficially own 7,500.

It is very important to note that the 6 executive officers and directors collectively own 2,081,924 shares - which represents 84.5% of all outstanding shares. That only leaves about 15% of the shares in the float - which is owned by me, DiCamillo, and 59 other small timers - which probably forgot they even own shares of this stock.

Annual Shareholders meeting announced. Basic proxy as well. Same as last several years.

Nice work Dicamillo... !

The Next 9 Months are going to be Very Exciting...! I see new products, increased revenue, increased profits, company growth, hiring new employees, expansion of manufacturing/R&D facility, expansion of sales, possible uplist to Nasdaq, probable completion of a marketable marijuana breathalyzer (maybe a combo alcohol/marijuana unit - with future expansion into detection of other substances such as heroin, methamphetamine, Cocaine, etc.). I also see utilizing this technology, and implementing it into electronic interlock devices, and remote sensing with the R.A.D.A.R. System that was recently acquired, and should soon come to fruition...

The groundwork has been laid. The patient shareholders should be nicely rewarded in the near future. I truly feel sorry for the 10 shareholders that were impatient and sold, but people have their reasons for selling.

Hold on to your shares and don't be tempted to try to trade it, you could easily be left behind by the way this stock can move 300 percent in a matter of days... I see a stock split in the future - after we begin to realize some of the things mentioned above. A few thousand shares today, could be 15,000 shares or more in the near future.

This is all my opinion, so take it for what it's worth, but if management plays their cards right, it is very achievable...!

Dicamillo, in addition to the recently discussed items over the weekend, there are two more very interesting things I gathered from the comprehensive report.

1. In regards to the company's stock option plan, options will become fully vested for the CEO if they bring a successful marijuana breathalyzer to market by the end of this year. The interesting part is the statement about the cost of these options...

"We believe it is probable that one of the performance targets will be achieved in 2019, although there is no assurance of that. Assuming one of the performance targets will be met in 2019, there will be no further charges or credits after 2019."

They seem pretty confident using the word "probable."

2. They are terminating the lease of an existing tenant that rents space in the building they own. They need more space for expansion of their own operations do to the growth of Lifelock...

"Due to a need for the space for our own use, we agreed to release one of our tenants from their lease expiring in July 2020. Rental income in 2019 will be reduced by $25,550, and in 2020 it will be reduced by $17,990."

By the way, I see your state is getting very close to legalizing marijuana. It sounds as if it's just a matter of agreeing on a feasible tax rate. If passed, you truly will be the "Garden State..."

There's More to it than Appears... For those of you unfamiliar with DWAC/DTCC FAST Eligibility, it's not only a faster, better, more liquid way of trading transactions - it is a precursor, a requirement to become listed on either the NYSE or Nasdaq.

If an issuer is not DTC eligible, then its shares cannot be transferred between brokerage accounts electronically, which basically means its shares cannot be traded easily. Major Exchanges such as NYSE and NASDAQ require DTC eligibility. Other Platforms such as the OTC Bulletin Board and the Pink Sheet markets do not. Only a DTC participant can request that DTC make a security eligible. Most large U.S. broker-dealers and banks are DTC participants.

This is the first step towards uplisting...

Have a Great Monday...!

Dicamillo, I agree with most of the things you have been stating.

Yes, the float is extremely low - and as the shares churn at these low levels, they will continue to be bought up by investors like you and I, who are in it for the long run. This will only lock up more shares in the float for investors like us. I have slowly been accumulating, 100 to 300 shares at a time all through 2018 - and will continue as the opportunity arises.

As far as the company not making "News Releases," I get it. Even though it would be nice to get a little boost once in a while, without sufficient material to follow - this will only attract short sellers. I believe that management knows what they are doing, and when the time comes, they will provide releases as they see fit.

Lifeloc is in the best position - better than any competitor to bring a successful product to market. Being first would be nice, but first is not always best. You see, Lifelock has many years of experience in this market. They have an existing customer base, not only in the US or Canada , but I all over the world. It would be relatively easy to roll a "new product" into their existing customer base. Don't forget all of the regulatory hurdles that exist with bringing a new product to market - Lifeloc knows what is expected of bringing a breathalyzer to market from years of experience. They will have their ducks in a row when the news releases start.

As far as the liquidity and stock split goes, again, I feel management knows what they are doing by being patient. My thoughts on this are that I would not like to see a split until after a Nasaq uplist. Listing on the Nasdaq requires several criteria - including a minimum share price, as well as the cost associated with the exchange. When the time is right (hopefully in the near future), I believe management will list with the Nasfaq, but to do this, they need to maintain a minimum share price. Splitting prior to this will only jeopardize an uplist by reducing share price to accommodate split.

Listing on the Nasdaq will open a world of investors, who are limited, or not permitted at all to invest in OTC stocks. I believe an uplist could easily double the share price. Following this, a little news release - then maybe consider a split, when the share price can sustain the Nasdaq market.

This is the year. Have patience, and use any weakness as a chance to accumulate more shares.

Happy St. Patrick's Day from the First State...!

More News Today from Competitor... Whete's Ours...?

This Company has been Profitable for over 16 Consecutive Years with a Strong Balance Sheet. They are a leader in the breathalyzer, alcohol, and drug monitoring equipment in over 65 countries. No other company currently working on a "marijuana breathalyzer" can make that claim!

A "key statement" is listed in the 5th bullet under the "Company Highlights" in the fact sheet below...

https://www.lifeloc.com/download/lifelocSnapshot.pdf

This stock could easily trade at 10x it's current price in the near future. Catalysts ahead...

No one was selling when the bid was 6,000 shares @ 5.00 for the past few days. If you want in, you're going to have to pay - and that price may be going up soon...

Employment Opportunities....

https://www.indeed.com/jobs?q=LifeLoc&l&vjk=24f451cde4d3aaa9&advn=712756406418647

Looks Like Lifeloc is hiring more people...! In addition to several recent engineering and management positions, Lifeloc is now looking for Electronic Assembly Technicians.

It doesn't take a crystal ball to see the growth occurring in this company. The only reason you need more assembly technicians - is to assemble more products. If you need to build more units, that means sales are either increasing, or expected to increase in very near future.

LCTC Q4 Report should be released early next week... Since it appears that the company does not release a lot of "fluffy news" in between quarterly reports, I would hopefully expect to hear some really exciting news released in the Q4 next week - particularly on advancements in the marijuana breathalyzer that they have begun to focus on....

Game on...!

Upcoming 10-k to be released in coming Weeks, as Well as Several New Employment Opportunties at Lifeloc just listed...

With Lifeloc's business putting more focus on the marijuana breathalyzer, as well as the CEO's incentive to comlplete the marijuana breathalyzer, and have it submitted for review by regulatory agencies in the next 9 month's (his 50,000 stock options become fully vested), it appears they are beefing up their high end engineers and business managers...

https://www.google.com/search?q=lifeloc+job+employment&ie=UTF-8&oe=UTF-8&hl=en-us&client=safari#fpstate=tlexp&htiq=lifeloc%20job%20employment

This is going to be the biggest year for Lifeloc ever...

Nice Increase in the Bid, with Upward Price Movement. She built a nice base in the 4 to 5 dollar range - be Great to see a breakout...

I wouldn't be too concerned about the recent price drop. It's not like people are dumping the stock and selling huge amounts. The stock price has fallen on very low volume, only accounting for a few thousand dollars in trade. This could be a great time to take advantage, and pick up a few shares, or add to your position in my opinion. It's time will come, have patience. I'm holding a nice chunk of that low float myself...

It Looks Like There's a Competitor Going to Human Trials for a Marijuana Breathalyzer. This is going to get interesting... Who will be the first company to bring a viable product to market ? The race is heating up !

Will it be Cannabix or Lifeloc... ?

The 10-Q was released today. Lifeloc remains profitable and is committed to completing development of a marijuana breathalyzer. They also believe the SpinDX platform has the potential to revolutionize real time screening of high abuse drugs such as cocaine and methamphetamine - at very low concentrations.

I'd hold onto this one...

Dicamillo... like you said - "this company is no bull shit..." their quarterly report is due out in just a few weeks. Maybe we will get some insight then?

I'd rather invest in a solid company that doesn't spread a bunch of fluff in weekly press releases. By the way, why does Cannabix still have almost 12 times the market cap of Lifeloc, yet they have no revenue, no products in the market, and does not publicly disclose any of their financials in OTC Markets...?

It's about to get real...

https://www.nbcnews.com/business/consumer/legalized-marijuana-linked-sharp-rise-car-crashes-n921511?fbclid=IwAR3LM-KtpZmQ3Nk35pOJLy_y3_HKkWq3SpN1IRmZ3ljBUgcNgr98ewbBTWg

Envision this stock as it sits just off of it's 52 week low. With a little news on the advancement of their breathalyzer - the share price begins to rise. As the price nears a 52 week high, they announce plans to uplift their stock to NASDAQ. As the share price continues to hit new highs, they announce a stock split - increasing its liquidity, and continues to drive share price up.

Now here's the good part - at all time highs, they start to announce orders coming in for their new breathalyzer. The stock continues to rise, and they announce another stock split. They then start to announce record revenue as a result of their new product.

Guess what ... I watched as this type of movement occur in companies like Taser back in 2004. A small buy and hold here could pay off nicely in the future...

Just my opinion, but if I was CEO, this would be my vision...

Answer: Not only has Lifeloc demonstrated that, but so much more... They have been a profitable company for over 16 years. They have secured a working prototype of SpinDx for advancement of an easy-to-use marijuana breathalyzer and rapid drug panel for detection of substances including cocaine, methamphetamine, and marijuana.

Since Lifeloc is already a Leader in the Breathalyzer market, the framework already exists for the rapid distribution of a "marijuana breathalyzer" to existing law enforcement, and other customers.

Read the latest letter to shareholders...

April 3, 2018

Dear Fellow Shareholders:


This past year was an important rebuilding year for Lifeloc. New product releases in 2017 were very limited as we made a strategic choice to move from small, incremental line extensions to bigger projects designed to make a more substantial, lasting impact. This along with rising competitive pressures resulted in a 2017 sales decline of 4.7% to $7.99 million. But we have gotten through that year of rebuilding and we are getting these bigger projects closer to completion.

2017 Highlights

• 2017 was our 16th consecutive profitable year. • Major upgrade to our data infrastructure with an enterprise resource planning software package for materials management, customer relations management and e-commerce. • Increased Research and Development investment for future growth. • Acquired the R.A.D.A.R. ® (Real-time Alcohol Detection and Recognition) product line and related intellectual property. • Secured a working prototype of SpinDx for advancement of an easy-to-use marijuana breathalyzer and rapid drug panel for detection of substances including cocaine, methamphetamine, and marijuana.

Lifeloc achieved significant accomplishments during the year. Our customer survey shows that Lifeloc is still the leading brand in workplace alcohol testing, with continued very high levels of satisfaction and a record high reading of future intent to buy. We updated our ISO 9001 quality management registration to the new ISO 9001:2015 standard and were successfully audited to this new standard. We were also audited by the FDA with no adverse findings.

We have demonstrated a continued ability to fund our substantial growth investments from operations, so that there has been no dilution for shareholders. We expect to introduce a new platform of breathalyzers, with updated electronics and new communication modes intended to keep our products at the forefront of technology. The fact that we experienced a sales decline while still maintaining our heavy growth investments is the primary reason for a decrease in net profits in 2017.

Our Vision

Lifeloc is committed to the vision of safer roads and workplaces worldwide. We have executed on that vision for decades by placing cost effective and reliable alcohol testing devices along with automated solutions in the hands of law enforcement and workplace security personnel. Our vision is to make Lifeloc Technologies the leader in real time drug and alcohol testing and monitoring. We believe we are putting the infrastructure and products in place to realize that vision and the growth that would accompany it. We aim for industry-leading customer service. We engage with our customers and use their feedback to improve our business and product offerings. Some of our specific plans are to:

• Grow our core breath alcohol testing business, advancing technology and aggressively gaining market share and geographic reach while providing top customer service. • Capture more value with existing customers by adding performance through automated solutions like the EASYCAL® automatic calibration station and SENTINEL™ zero tolerance workplace access station. • Expand our business model to deliver more value through leasing and monitoring services and capture a fair recurring share of that value. • Accelerate the transformation of our drug detection technology into a roadside marijuana breathalyzer.

Remote Testing

In 2017 Lifeloc acquired the assets related to the R.A.D.A.R. business from the Track Group, Inc. These assets included the R.A.D.A.R. device with cellular reporting for real-time alcohol monitoring, database infrastructure to tabulate and manage subscriber behavior, and biometric methodology and intellectual property to fully automate identity verification. Post-acquisition we have been leveraging our expertise in portable device manufacturing to upgrade the R.A.D.A.R. device and continue prosecuting the relevant outstanding patent applications, with the goal of expanding the R.A.D.A.R. product offering and creating a significant new recurring revenue stream.

The R.A.D.A.R. device was designed to be part of an offender supervision program as an alternative to incarceration. R.A.D.A.R. devices are assigned to offenders as a condition of parole or probation, with random testing throughout the day to demonstrate that they are meeting the conditions of their sentence. We intend to leverage our leading position in workplace testing to expand this base beyond offender monitoring, for example into commercial fleet management.

Testing for Drugs of Abuse

Even as marijuana legalization spreads throughout the United States and internationally, there remains no reliable roadside method to quantitatively assess driver THC levels or impairment. The increasing danger of marijuana impairment on our roads and in our workplaces is seen clearly in Colorado, with the number of drivers involved in fatal accidents that test positive for marijuana doubling since legalization of recreational marijuana. With the continued normalization of consumer, driver and worker attitudes toward marijuana, the need to quickly measure marijuana intoxication is enormous.

We remain committed to completing development of a marijuana breathalyzer operating as similarly as practical to the fast, easy-to-use and reliable alcohol breathalyzers our customers have come to depend upon. Our THC detection method is through SpinDx, utilizing technology developed through our cooperative research and development agreement with Sandia National Laboratory and exclusively licensed by Lifeloc for drugs of abuse. We have detected delta-9THC (the primary psychoactive component of marijuana) down to concentrations of 5 nanograms per milliliter in our laboratory. This method has also demonstrated the quantitative determination of delta-9-THC level in the presence of interfering THC metabolites, a problem which has plagued many less discriminating methods. In addition to the marijuana breathalyzer, the SpinDx platform has the potential to revolutionize real-time screening for a panel of other high abuse drugs, with the ability to quickly and quantitatively measure very low concentrations of cocaine and methamphetamine as well.

The future is bright as we enhance our information infrastructure, update our core products, expand our acquired products and develop our marijuana breathalyzer and other real-time drug
testing products. On behalf of all our employees, I wish to thank our customers, the board of directors and our shareholders for their continued support with the mission that you have entrusted to us.

Sincerely,



Wayne Willkomm, Ph.D. President and CEO Lifeloc Technologies, Inc

Monday Morning Booyah.... Wish I would have bought more...!

Who.said this was going to tank today because of Dilution.... Guess you were wrong...! Looks like prepping for blast off !!