Thursday, July 16, 2020 10:26:09 PM
No one is buying alcohol breathalyzers right now. Most bars aren't even open. Stop wasting time.
The world could really use a breath test/breathalyzer for Covid-19 and Lifeloc should see this as another once in a lifetime opportunity.
The opportunity to work with and help to develop a breath test/breathalyzer for Covid is right there for the taking. These companies will need logistics, distribution partners, manufacturing facilities, etc and Lifeloc should step up to the plate and offer its assistance and/or partner with these companies.
All that needs to be done is put it out there that Lifeloc is seeking funds to work on a breath testing device for Covid and you will see money being thrown at you from all directions. Now is the time to pounce on this opportunity. Funding will be there and Lifeloc should also diligently explore available grants to utilize its disease monitoring technology.
ABMC - America Bio Medica Corporation is another example of a company who was rewarded handsomely for its efforts in developing a Covid-19 rapid test.
In the annual report, it's mentioned that "Lifeloc seeks to develop an active following and market for our stock, to realize value and unlock liquidity for our patient, insightful shareholders". Since the beginning of May, Lifeloc has traded a total of 1,616 shares and sits near its all time lows. Lifeloc has been given 2 multi-billion dollar opportunities of a lifetime and it's time to get busy utilizing its expertise to bring these forward.
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