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Traders Newsletter
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BDIC Stage Set as More States Mandate Alcohol Interlock Devices
(NEW YORK)--Blow & Drive Interlock Corp. (OTC:BDIC), , finds itself on the right side of regulation as more states pass laws to mandate DWI and drunk driving prevention devices.
Have you ever known someone who has been badly injured, or worse died, in a drunk driving accident? The answer is most likely yes as most everyone has known or personally lost someone to drunk driving over the course of their lives.
BDIC offers not only a solution to this deadly problem, but with new state laws being passed every month the company may find itself as a government mandate to fight to threat of drunk driving on our roads, and that could mean a higher price for BDIC stock.
Alcohol Ignition Interlock Device
BDIC manufactures, installs, and monitors a Breath Alcohol Ignition Interlock Device (BAIID) known as the BDI-747 Ignition Interlock Device, which is installed on the steering column of an automobile and into which a driver must exhale prior to starting their vehicle. The device in turn provides a blood-alcohol concentration analysis, to which if the driver's blood-alcohol content is higher than a certain pre-programmed limit, the device prevents the ignition from engaging and the automobile from starting.
New Laws to Mandating Interlock Devices
The primary market for BDIC Ignition Interlock Device is by persons convicted of a driving under the influence of alcohol. In order for the BDI-747/1 to be used in states for persons convicted of driving under the influence the device must be approved by each individual state.
As of December 31, 2015, BDIC device was approved for use in eight states, namely California, Colorado, Oregon, Texas, Arizona, Kentucky, Oklahoma and Tennessee, with plans for approval in an additional 8-12 states in 2016 as more governments move to pass laws making this technology mandatory.
Meets Government Compliance
These devices are often required for use by DUI or DWI offenders as part of a mandatory court order, or motor vehicle department program. BDIC device has met the 2013 National Highway Traffic Safety Administration (NHTSA) guidelines for Breath Alcohol Ignition Interlock Devices as an authorized BAIID, and is manufactured by BDI Manufacturing Inc., a subsidiary of Blow & Drive Interlock Inc.
Upside Price Potential
The obvious benefits BDIC device could provide in saving lives from drunk driving deaths is very obvious, and anti-drunk driving groups such as MADD have been pushing their local state legislations to pass laws for these devices, and this could place BDIC on the right side of growing regulation.
Ludlow Research recently initiated coverage on BDIC stating that the growth and implementation on this technology under new government mandates could set the stage for faster revenue growth for BDIC, and possibly place the company in position for partnership with other larger automotive players, or as a possible acquisition target, and thus has issued a 'speculative" $4.00+ valuation target on their common stock.
Request Investor Packet
The Company is currently in the process of developing an investor packet for any investors interested in learning more about the company, its technology, marketing material, and to receive news updates.
Please register here to add yourself to their mailing list http://www.wallstreetnewscast.com/request/bdic.html
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About Wall Street Newscast
Located in New York City, Wall Street Newscast (WSNC) has been providing Wall Street investor presentations for both public and private companies since 1998. WSNC offers a wide-range of services to companies and investor relation professionals to discuss their recent news announcements, earnings reports, and corporate events to a diverse network of individual and institutional investors on Wall Street. www.wallstreetnewscast.com
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| Safe Harbor Statements:
This investor presentation may include statements that may constitute forward-looking statements made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Although the Company believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected.
Disclaimer:
This is NOT a solicitation to Buy or Sell any security, but rather is for informational purposes only. Content contained herein includes facts, views, opinions and recommendations of individuals and organizations deemed of interest. Wall Street Newscast ("WSNC") does not guarantee the accuracy, completeness or timeliness of, or otherwise endorse these views, opinions or recommendations, or give investment advice. WSNC, its affiliates, or directors, may or may not hold a position in the above security from time to time, and investors are encourage to consider this as a possible conflict of interest when reviewing this information. In Compliance with SEC Rule 17B Wall Street Newscast was compensated ten thousand restricted shares, by the Company for media advisory services. WSNC may hold a position in above securities from time to time, and thus should be considered a possible conflict of interest when reviewing this report and information. These investments may involve a high degree of risk, thus investors are highly encouraged to consult with a financial advisor before any and all investments.
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