LifeLoc Technologies Inc (LCTC)

[pdicamillo1]

Lifeloc recent observations:

I was pleased to see some volume come in today and all on the buy side. I'm pretty sure the volume surge and price movement from around 2 weeks ago was a couple investors that had mistaken this Lifeloc for the cyber protection company Lifelock which is part of SYMC now. After the Equifax breach of social security numbers, some traders looked to capitalize and mixed up companies.

But today's volume was promising and to see all buys is encouraging. However, I have to say I have not been impressed with the quarterly earnings reports and the fact that we have yet to see any type of an update on progress being made as far as the marijuana breathalyzer is discouraging.

I did catch this investor presentation on the Lifeloc website:

https://www.lifeloc.com/download/lifelocPitch2017.pdf

SpinDx Development Status

• Lifeloc has exclusive license Drugs of Abuse field of use following a
cooperative research and development agreement

• Technology already licensed and commercialized for other fields of use

• Demonstrated detection of ?-9 THC,cocaine and methamphetamine at the
levels of interest

• Lifeloc has existing channel to both Law Enforcement and Workplace markets

SpinDx enables mobile roadside and workplace DOA testing. Results in less than 10 minutes from a drop of blood anywhere and anytime.

DOA Opportunity:

• The DOA market is ripe for a new technology play to replace traditional blood and urine testing, improve customer service and reduce prices.

• The drug testing market is fragmented with excellent product and segment consolidation opportunities.

• No one company provides a comprehensive alcohol and drug testing solution set to the marketplace.

• The opportunity is to build a $1 billion business in 10 years.

The reason I am in this stock sits in that last line, which I think is a very conservative estimate. Lifeloc's current market cap sits at a mere $24 million so plenty of room for growth.

With Calif. and Canada going adult recreational use coming soon, let's see what you got Lifeloc.

It's go time!