LifeLoc Technologies Inc (LCTC)

[pdicamillo1]

Timeline of events comparison for Lifeloc, Cannabix and Hound Labs:

October 13, 2016 - Lifeloc will acquire the exclusive rights to develop, manufacture and market Sandia’s patented SpinDx™ technology for the detection of drugs of abuse. So we know Lifeloc has been working on this device for exactly 7 years.

Cannabix was formed and incorporated in June of 2014 so they have been working on their device for about 9 years.

Hound Labs we know was founded by Dr. Mike Lynn in 2014 so also have about 9 years of work put into their device.

However, Lifeloc is the only company that has over 30 years experience in the industry and we know that Sandia had already developed a prototype of the SpinDx prior to Lifeloc acquiring the rights.

I think it's fair to say that all 3 companies have been working on their respective devices for about 10 years. Let's finally see this thing play out!