LifeLoc Technologies Inc (LCTC)

[pdicamillo1]

Hound Labs has revenue of $34.8 Million according to Growjo (https://growjo.com/company/Hound_Labs). That's just from October of last year when they first started selling their device. If they have the same results this year it would equate to about $140 million in revenue.

We also know that back in 2017, Hound Labs had an approx valuation of $31.5 Million (https://www.cbinsights.com/company/hound-labs/financials) and crunchbase as of Sept. 2021 has a post-money valuation in the range of $100-500 Million (https://www.crunchbase.com/organization/hound-labs/company_financials). I think it's fair to say that 2 years later it would be safe to value Hound Labs at $300 million.

If Lifeloc's SpinDx device can sell just a tenth of what Hound Labs device has done, I would expect at least $14 million to be added to Lifeloc's revenue and a valuation of $30 million. That's about 5 x from where we are today.

We have been more than patient with this company and it's time for us as long term investors to be rewarded. 2024 is your year Lifeloc. Let's see some magic happen!