Tuesday, January 03, 2017 10:32:24 PM
This is a market expected to grow to over $4.5 billion in the coming years. Lifeloc technologies is only currently capturing less than a ¼ of 1% of this market and they are listed as a key player in the space along with Alcohol Countermeasure Systems (International), Inc., Ekips Technologies, Inc., Dragerwerk AG & Co. KGaA, Intoximeters, Inc., Alcolizer Pty. Ltd. Quest Products, Inc, MPD, Inc., and PAS Systems International.
If LCTC can capture a mere 2 ½ % of this market share, I would expect it to have a market cap of at least $100 million and be trading above $40/share.
Driving this market are headlines such as:
Mounting Fatalities Associated with Drug and Alcohol Abuse to Boost the Uptake of Breath Analyzers Market
Government Regulations for Breath Detection to Augment the Sales of Breath Analyzers
A surge in the number of drug abuse and drunk driving cases have persuaded the governments of many countries to mandate testing of blood alcohol content (BAC) at workplaces besides their conventional use at highways.
High Reliability and Accuracy to Make Fuel Cell Most Preferred Technology for Breath Analyzers
Recent LCTC News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/19/2023 10:14:21 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/08/2023 09:46:57 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/08/2023 02:57:07 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 10/23/2023 02:57:31 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/19/2023 09:11:04 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/08/2023 09:26:07 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/07/2023 08:21:40 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM