LifeLoc Technologies Inc (LCTC)

[pdicamillo1]

Spin Dx progress:

"SpinDx has demonstrated the ability to detect levels of THC down to 1 nanogram per milliliter under laboratory conditions. This includes resolving the psychoactive delta-9-THC from its inactive metabolites. Resolving the psychoactive levels from metabolites is an important step in establishing impairment. We believe this license agreement signifies the beginning of a relationship that will become material to the Company in the future. A prototype was built by Sandia under our Cooperative Research and Development Agreement and received in 2017, after which we commenced work on commercializing the device. We plan to continue and intensify these efforts in 2018."