{"id":856,"date":"2016-03-24T14:11:14","date_gmt":"2016-03-24T21:11:14","guid":{"rendered":"http:\/\/microcapspot.com\/?p=856"},"modified":"2016-03-24T14:11:14","modified_gmt":"2016-03-24T21:11:14","slug":"inside-scoop-blow-drive-interlock-corp-otcbbbdic","status":"publish","type":"post","link":"https:\/\/microcapspot.com\/inside-scoop-blow-drive-interlock-corp-otcbbbdic\/","title":{"rendered":"Inside Scoop on Blow &#038; Drive Interlock Corp (OTCBB:BDIC)"},"content":{"rendered":"<p>Blow &amp; Drive Interlock Corp (OTCBB:BDIC) is a lightly traded stock with a revolutionary product that is gaining traction across the United States. The company has had several announcements and developments over the last few months and the stock has yet to capture the value of these. The share price currently trades at $0.714 and is volatile due to the limited volume. The daily average volume is at 2,600 shares. The company has a goal of growing the company nationally and hitting 10,000 units of monthly reoccurring lease payments.<\/p>\n<p>BDIC markets distributorships and lease a breath alcohol ignition interlock device called the BDI-747\/1, which is a mechanism that is installed on the steering column of an automobile and into which a driver exhales. The device in turn provides a blood-alcohol concentration analysis. If the driver&#8217;s blood-alcohol content is higher than a certain pre-programmed limit, the device prevents the ignition from engaging and the automobile from starting. These devices are often required for use by DUI or DWI (&#8220;driving under the influence&#8221; or &#8220;driving while intoxicated&#8221;) offenders as part of a mandatory court or motor vehicle department program. Forbes and Bloomberg estimate this market will reach between $1.1 Billion and $3.2 Billion a year by 2020.<\/p>\n<p>In recent developments, Blow &amp; Drive Interlock Corp (OTCBB:BDIC) has entered into several definitive agreements according to SEC filings. The first was a financing agreement. The CEO has been very clear that the company will attempt in all possible manners to not take on dilutive\/toxic financing. The company announced it had arranged capital financing with an interest free loan to fund production by establishing a royalty rate of $1 per unit over 800 and $5 per unit under 800. BDIC has also entered into an advertising agreement in the key target markets of OR, TN, KY, TX, OK and Northern California. The last agreement was another advertising company, RevShare, for $10k.<\/p>\n<p>The potential market share for Blow &amp; Drive Interlock Corp (OTCBB:BDIC) got a boost when State of Arizona has added our wireless BDI-747 to the &#8220;Conforming Products List&#8221; of &#8220;Alcohol Devices approved for Evidentiary and preliminary screening use.&#8221; This State of Arizona approval now makes 8 states where the BDI-747 and is currently available and gives BDIC access to an additional 39,000 DUI arrestees each year.<\/p>\n<p>1,000 units of BDI-747 have been delivered to BDIC headquarters and are ready for installation in new client vehicles. The company is forecasting that these new IID units have the potential to generate approximately $1.2 million in gross revenue annually. The CEO stated, &#8220;Much of this revenue will go straight to the company&#8217;s bottom line. The company is already invested in establishing the infrastructure needed to build these units and put them on the road. We are now aggressively executing on our business model.&#8221;<\/p>\n<p style=\"text-align: center;\"><span style=\"color: #ff0000;\"><strong>We have a Monster Pick Coming. Subscribe Right Now!<\/strong><\/span><br \/>\n<span style=\"color: #ff0000;\"><strong> [newsletter_form]<\/strong><\/span><\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/microcapspot.com\/wp-content\/uploads\/2016\/03\/Capture-42-1.png\" rel=\"attachment wp-att-857\"><img loading=\"lazy\" class=\"aligncenter size-full wp-image-857\" src=\"https:\/\/microcapspot.com\/wp-content\/uploads\/2016\/03\/Capture-42-1.png\" alt=\"Blow &amp; Drive Interlock Corp (OTCBB:BDIC)\" width=\"910\" height=\"500\" \/><\/a><\/p>\n<p>BDIC is currently trading at a $14 million market valuation. The company is gaining momentum as it ramps up production and its market share continues to grow. States are beginning to see the value of the technology at no cost to them since the DUI violator will pay for the cost. If the company reaches 10,000 units, BDIC should be making roughly $12 million annually (almost equivalent its market cap).<\/p>\n<p style=\"text-align: center;\"><span style=\"color: #ff0000;\"><strong>We will be updating on BDIC when more details emerge so make sure you are subscribed to Microcapspot so you know what\u2019s going on with BDIC.<\/strong><\/span><\/p>\n<p>Disclosure: we hold no position in BDIC either long or short at the publication of this article and we have not been compensated for this article.    \t<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Blow &amp; Drive Interlock Corp (OTCBB:BDIC) is a lightly traded stock with a revolutionary product that is gaining traction across the United States. The company has had several announcements and developments over the last few months and the stock has yet to capture the value of these. The share price currently trades at $0.714 and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1207,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.4.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Inside Scoop on Blow &amp; Drive Interlock Corp (OTCBB:BDIC) - MicroCap Spot<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/microcapspot.com\/inside-scoop-blow-drive-interlock-corp-otcbbbdic\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inside Scoop on Blow &amp; Drive Interlock Corp (OTCBB:BDIC) - MicroCap Spot\" \/>\n<meta property=\"og:description\" content=\"Blow &amp; Drive Interlock Corp (OTCBB:BDIC) is a lightly traded stock with a revolutionary product that is gaining traction across the United States. The company has had several announcements and developments over the last few months and the stock has yet to capture the value of these. The share price currently trades at $0.714 and [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/microcapspot.com\/inside-scoop-blow-drive-interlock-corp-otcbbbdic\/\" \/>\n<meta property=\"og:site_name\" content=\"MicroCap Spot\" \/>\n<meta property=\"article:published_time\" content=\"2016-03-24T21:11:14+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"http:\/\/microcapspot.com\/wp-content\/uploads\/2016\/03\/Capture-42.png\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Adam Jones\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/microcapspot.com\/#organization\",\"name\":\"MicroCap Spot\",\"url\":\"https:\/\/microcapspot.com\/\",\"sameAs\":[],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/microcapspot.com\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/microcapspot.com\/wp-content\/uploads\/2020\/04\/MicroCap-Spotlight-OTC-Stock-Market-News.png\",\"contentUrl\":\"https:\/\/microcapspot.com\/wp-content\/uploads\/2020\/04\/MicroCap-Spotlight-OTC-Stock-Market-News.png\",\"width\":382,\"height\":78,\"caption\":\"MicroCap Spot\"},\"image\":{\"@id\":\"https:\/\/microcapspot.com\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/microcapspot.com\/#website\",\"url\":\"https:\/\/microcapspot.com\/\",\"name\":\"MicroCap Spot\",\"description\":\"News, Research &amp; 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