Lifeloc Technologies Inc (OTCPK:LCTC) Stock Price Today, News, Quote & History | Stockhouse
Lifeloc is an old Blood Alcohol Tester to determine alcohol impairedness by breath. You have to work the chart link to the 20 year chart to see their glory days when their stock hit close to $40 per share for a BAT breathalyzer.
They got some matching funds to develop a marijuana breathalyzer and their effort went by the wayside from what I can tell.
A couple of others besides Cannabix are still working on the concept but I am convinced that Cannabix is on the right science using the Mass Spectrometry testing device with success.
They are inching this closer to a roadside device or an accepted science with utility with a breath capture device that may suffice until they can get the science out of the lab and in to the hands of non-scientific minds at roadblocks or the workplace.
I don't think it is much of a stretch to imagine Cannabix cashing in on a successful device to the degree that an old BAC breathalyzer company drove their share price to.
Cannabix is the only thc breathalyzer company that I am aware of that I can invest in for a huge multi-bagger potential if they get the approval of society for a successful thc breathalyzer and I can imagine the shareprice shooting to $40 if not higher.
I picked up some of those .17c shares and will continue at these lower prices to add to those that I held on to after cashing in handsomely, recently when it hit the $1.50 mark.
I beleive that this could be a once in a lifetime shot at an amazing return on investment if they can produce a thc breathzlyer that works for society.
With marijuana gaining ground everyday because younger consumers are liking it more than alcohol and the old hippies are now using it for pharma use.
What we don't have is a working device similar to the BAC for THC, or do we???
A couple of thousand shares could turn into a Cadillac if history repeats itself from these prices.
glta and dyodd