Post by
geodcan on Jan 03, 2024 4:44pm
got another e-mail today
with regard to a patent application.
BLO is more responsive to shareholders than a lot of these junior companies and the Bullrun guys seem to have a knack to pursue timely endeavours and with the advance of legal cannabinoids for adult use and pharma, a THC breathalyzer is a timely endeavour.
I have followed a few entrants to this category and BLO seems to have the right science that is already the chosen go-to for law enforcement.
The science works!
Getting it to the roadside, outside a controlled lab is a tougher goal.
Got to get it mineraturized and reliable at roadside, administered by police and safety management.
I like the multi-bagger potential for the first potpreneur working on a thc breathalyzer. If history repeats itself, some of the first BAC breathalyzers commanded shareprice of close to $40 per share and I see no reason that a THC model that makes the grade wouldn't do at least that.
LCTC is the one I am thinking of and still command a shareprice of over $2 and it seems that they gave up on the THC breathalyzer model after getting a grant for matching funds to develop one for Colorado enforcement.
Necessity is the mother of invention and law enforcement and businesses that have drivers and operators are screaming for non invasive, portable breathalyzers to protect them and their companies along with the public.
I have followed this invention and there aren't very many entrants to this category and the sales potential is huge.
It is also a very difficult task to deliver this in working form, keeping in mind that it has to be adopted by law enforcement and get past the scrutiny of the legality issue which will, for sure, be tested by drivers who lose their driver's licenses and job security.
Not having this device doesn't bely the need for it and I like BLO enough and beleive in the multi-bagger potential that I hung on to 5000 shares and am working towards picking up more.
I am not sensing much influence from marketmakers jerking the price around like a lot of my other pot related investments.
A few thousand dollar investment could make you a millionaire. Where is that Reddit/Gamestop crowd!?