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Tuesday, 11/13/2018 1:37:50 PM

Tuesday, November 13, 2018 1:37:50 PM

Post# of 1869
Current market cap of Lifeloc sits right around $10 Million.

They anticipate a Billion dollar opportunity in regards to the marijuana breathalyzer within the next 10 years.

If LCTC does indeed create a working and reliable MMJ breathalyzer, I would expect with their distribution networks already in place, that a Billion in revenue could be reached within the first 2-3 years.

For Lifeloc to just reach a market cap of where Cannabix currently is, it would wind up trading at $52/share.

I could see Lifeloc trading well above this level with just an announcement indicating that a prototype is ready or some form of a timeline for completion.

If the revenues really start pouring in, This thing should trade upwards of $100/share. At $100/share, we would be trading at a market cap of $240 Million or so. Cannabix at one point had a market cap larger than this when it traded near $3/share last year. It's not impossible to think that with a $ Billion in revenues and a miniscule public float available that Lifeloc could trade upwards of $200-$300/share.

Of course this all rests on creating a working and reliable marijuana/cannabis breathalyzer but I have put my money where my mouth is and ready to see this thing start making some progress.

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