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Thursday, 05/16/2024 12:21:08 PM

Thursday, May 16, 2024 12:21:08 PM

Post# of 1753
It's painful to watch Cannabix (BLOZF) triple in price in just a few short weeks... They hired three marketing firms to pump their company, and just teamed up with Omega Labs to help commercialize their product.

The thing is, Cannabix is in a much disadvantaged position compared to Lifeloc. Their product is no further along than Lifeloc's, and they are further diluting investors by teaming with Omega, and allocating 1,000,000 shares of BLOZF, and 11,000,000 Warrants to Omega for their partnership agreement.

Cannabix also just came out with a fix mount alcohol breathalyzer, much like Lifeloc's Sentinel - which has been in use for years... I just don't get it...

In Lifeloc's defense, you can't simply create news releases, if there is no substantial news to release. The same goes for quarterly reports - you can only report factual results. Hopefully, the day will come when Lifeloc gets it's full recognition - hopefully sooner than later (as we watch all of these companies in the sector skyrocket in price per share).

On a positive note, there is only a little over 6 months remaining in the year. If Lifeloc can actually produce what they say they will in 2024, we may eventually see the kind of moves that are currently occurring in these other companies, such as BLOZF and CGC...
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