LifeLoc Technologies Inc (LCTC)

[pdicamillo1]

It does appear that the momentum to the upside has fizzled and we are left with mostly selling pressure.

There are 2 simple reasons why we still believe that Lifeloc has the potential to be a monster runner and great investment:

1. Marijuana breathalyzer with the SpinDx technology to detect drugs of abuse. Even with a small 5-10% market penetration on this device, it would mean enormous revenue potential and future earnings growth. We know Lifeloc has provided incentives to the engineers to have this ready to go by end of the year. If Lifeloc can capture just a 5% market share of this multi-billion opportunity, it would mean big things.

2. Mandate in the infrastructure bill requiring an alcohol breath detection device to be installed in all new cars in the next couple years. Once again, even a small market penetration on this device would equate to enormous revenue potential. I could easily see how this mandate could morph into requiring a device that would test all drugs of abuse and this is where Lifeloc could really shine.

I personally would still like to see a new team in place to ensure these projects are completed in a timely manner.