Friday, March 20, 2020 9:44:27 PM
Lifeloc acquired the RADAR (Real time alcohol detection and recognition system) product in March of 2017. They have been working on this bullshit for 3 years now. What a waste of time, energy, and resources.
Let me ask you - what's the most this product is ever going to produce in revenue - $100,000/month? That will add maybe $1 Million/year in revenue and that's probably going to take years to reach those numbers.
3 Fucking years they worked on this project, all the while sitting on a multi-billion dollar opportunity (yes - MULTI BILLION) that existed in the drug recognition/testing market. All of their R & D should have went into finding a solution for the marijuana breathalyzer. Nothing else is of greater importance.
No one from Lifeloc was asking, hey, why are we working on this RADAR project when we are sitting on an opportunity that's 10,000 bigger.
If I'm the CEO - no one sleeps and we work weekends until we figure out how to produce and manufacture a working marijuana breathalyzer. We can rest and reward ourselves after it's completed.
Ok. I'm done. Be safe and have a good night's sleep!
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