Monday, December 21, 2020 12:35:04 PM
I don't think a 100x return is out of the realms of possibilities. That would value Lifeloc at $600 Million. At one point BLOZF was valued at half that number on speculation only. The revenue potential of a marijuana breathalyzer is in the billions.
I just don't see how investors get on board unless we see some changes. If they announced the hiring of a top engineer to assist in completion of the marijuana breathalyzer, I bet that would get some attention. This is what they should have done years ago.
I need to see progress and some persistence on the part of management. They have no concern for shareholder value or improvement. That has me troubled. They have prioritized the RADAR device and upgrading the alcohol breathalyzers at the expense of finding a solution for the marijuana breathalyzer. They need someone who understands the importance of this and who will continue to work until it gets finished.
Recent LCTC News
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- Form 8-K - Current report • Edgar (US Regulatory) • 05/15/2024 08:30:12 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 08:15:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/19/2023 10:14:21 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/08/2023 09:46:57 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/08/2023 02:57:07 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 10/23/2023 02:57:31 PM
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- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/08/2023 09:26:07 PM
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