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Re: pdicamillo1 post# 1401

Tuesday, 03/14/2023 10:12:59 AM

Tuesday, March 14, 2023 10:12:59 AM

Post# of 1882
Not a great report, but not bad either. Looks like sales are improving, with revenues increasing. The big thing, as you said, is the fact they are now saying that the SpinDx product will now be introduced this year, with commercialization in 2024. Still light at the end of the tunnel, just the tunnel was a little longer than expected.

Sandbagging until overall market conditions improve? Possibly? Most stocks have been experiencing depressed prices, largely due to inflationary reasons - including the cannabis and alcohol detection sectors. For example, SOBR experienced a run up to 3 dollars from a dollar, only to drop back down to below 2 dollars. Traders are currently selling into any positive news by individual companies. Just a thought.

We are now already into Q2, and we've been patient this far, so let's hope Lifeloc's management holds true to their timeline this time, and produces something material in the coming months. You can only cry wolf for so long...
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