Replies to post #1228 on LifeLoc Technologies Inc (LCTC)

[MJSTOCKTRADERMD]

Well I guess thats what creates a market. But I believe this is very under the radar. They have a few catalysts in the short term: Marijuana Breathalyzer and Nasdaq application. They have a great business model so the question to me is always does the tech work. If yes then your collecting the royalties every year and then upgrading the device every so often (think apple how much do you spend per month for iCloud and don't even notice it) Marijuana is just one avenue they are using this with other drugs also. So at $100 per share that means this is worth $250 million I could argue 2-4x that number if everything worked out perfectly.

[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.