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Cannabix Technologies Inc C.BLO

Alternate Symbol(s):  BLOZF

Cannabix Technologies Inc. is a Canada-based developer of marijuana and alcohol breathalyzer technologies for law enforcement, workplaces and laboratories. The Company is working to develop delta-9 tetrahydrocannabinol (THC) and alcohol screening devices. Delta-9 THC is the psychoactive component of marijuana. Breath testing for delta-9 THC would allow employers and law enforcement to identify recent marijuana use. It develops contactless breath alcohol detection devices. Its technologies include THC Breathalyzer System, Breath Logix Alcohol Breathalyzer and Breath Logix Vehicle. THC Breathalyzer System includes Cannabix Mass Spectrum (MS) Breath Sampler (MSBS) and Cannabix Breath Collection Unit (BCU). The Breath Logix (BR-LGX) Industrial Series is a fully automated breath alcohol screening system for employee, contractor and visitor access control. The BR-LGX vehicle device could be integrated into various locations in the vehicle cabin. It also develops Cannabix FAIMS device.


CSE:BLO - Post by User

Bullboard Posts
Post by curiousmoveon Aug 27, 2019 7:53pm
218 Views
Post# 30072687

My 2 cents

My 2 centsWhy does it seem like most on this board get off on anything that makes BLO look bad? I really don't get it. I am also pretty confused if AMG is pro blo or not, I assume you are a shareholder?

You guys know there can be more then one company that makes breathalyzers? Just like there are multiple companies that manufacture cars, planes, phones, computers or whatever. 

Last year everyone was going on about TEST getting into marijuana testing and how it was time to sell BLO and move the cash over to TEST. It is almost like people on this board search the internet dailty to find any item that might make people sell BLO. 

The fact is this is a penny stock in the development stage creating new technology. Yes I thought that they would have been done last November but honestly it probably isn't easy to create a new invention. Things happen and things come up. I am actually glad they are taking the time to get it right. If this was just the insiders pumping and trying to make a buck they would have a ton more news releases to try to prop up the price.  If there wasn't any potential I doubt insiders would still be holding it.  

Finally I actually don't mind if the price drifts down. It communicates to the company that shareholders are getting restless and the company should be extra diligent to get things done.  This is a penny stock so if anyone buys or sells it can create significant volatility.  That is a curse  but also a benefit. As we have seen in the past this stock has the ability to rally 1000% in a short time frame.  It has been a month or so since the last news release so I would anticipate another one shortly. I am going to wait for it because we are so close and once completed this thing is headed to the moon. 
Bullboard Posts