Tuesday, January 12, 2021 6:50:18 PM
We know that it's possible for a stock in the cannabis breathalyzer sector to gain over $50 million in market cap in a day with good news. We saw this today with Cannabix.
Lifeloc does have a patent outstanding that directly deals with drug detection as seen here:
https://uspto.report/patent/app/20160061807
The technology disclosed herein may be used to detect drugs with potential for abuse within a human subject. This technology may be particularly useful to discriminate between drugs of abuse, corresponding psychoactive compounds, and corresponding metabolite byproducts, which are often closely related and possess similar chemical structures.
I will ask Energy Manager if he can provide us with a summary of this particular patent seeing as he did such a good job with providing a summary of the patent filed in July of last year.
I will also reach out to Madison1063 and find out if we can work something out where we can agree to exchange shares at a pre-set price so we don't have to drag out this selling pressure for another year. I know that Energy Manager does not believe there is a seller holding this stock down, but I think it's obvious to see that whenever we have an uptick or the stock trades higher a seller almost always comes in with at least 1,000 shares to sell. This has been the case for almost 3 years now. I don't care how this seller accumulated that many shares, I just want them to be done so we can all move on.
We can also update the IHUB info board and I suggest someone else try and email Dr. Wilkomm with questions.
I do believe the move higher in Cannabix bodes well for a potential buyout/merger in the space. It brings more eyes to the party when a patent grant leads to a 50% move higher and an additional $50 million market cap.
If you have any other suggestions feel free to post them and let's see if we can focus on getting things moving in the right direction.
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