LifeLoc Technologies Inc (LCTC)

[Energy Manager]

Patent Filed 7/16/2020. This will put Lifeloc in a tremendous position vs. the competition... You see, this new patent is for a "Passive" breathalyzer. This means you will no longer have to put your lips on a mouthpiece to provide a sample. Simply blow into the unit at a distance, with no contact required. This is pretty big... but guess what...? That's not everything!

The new patent provides for samples to be automatically date, time, and GPS location stamped - and sent to the cloud or other network storage via a wireless data network such as Verizon Wireless, Bluetooth, or WiFi.

The sample result is downloaded to the network before the user knows the result - alleviating any chance of trying to void the sample for things like bribes, or physically destroying the unit. The exact time, date, and physical location will be recorded for solid evidence.

It also sounds like management is confident the marijuana breathalyzer will be at market within the next 12 months or so... with almost 2.5 Million dollars in cash, the company is well poised to bring this to market without any additional financing...

Not only do they have cash, but combine this with the current inventory and accounts receivable - this totals over 5 Million, which is where the market cap sits. This does not include other assets such as the property, building, etc... which puts their total assets well over 8 million.

Best of Luck and Good Fortune...

https://uspto.report/patent/app/20200225211