LifeLoc Technologies Inc (LCTC)

[pdicamillo1]

4th quarter earnings and annual report usually come out during the middle of March.

Lifeloc has had outside interest in the marijuana breathalyzer for years which is why they really should have made this priority. If you recall they had a grant from Colorado back in 2014. Lifeloc has been working on this for at least 7 years. (Or at least they should have been).

I'm personally not expecting much from the last quarter 2020 earnings. I would put an earnings estimate at negative $.04-$08/share. If they can have a positive earnings quarter, I'd consider that a huge win. I just don't see any changes being made that would leave me to believe this will be back to cash flow positive.

We are due for an update on the progress being made on the marijuana breathalyzer. For sure - but I'm not holding my breath. According to their website they don't even have the RADAR device available yet (https://lifeloc.com/). What in the world are they doing over there if the RADAR device isn't even available yet? 3 years and counting for that product to be introduced to the market is just too long.