24/7 Sobriety Program and Drug Courts Fast Growing Potential Gaining in popularity receiving rave reviews both national and international acclaim. Sentiment is on High!
Alcohol Monitoring Systems, Inc BI inc. the GEO Group SECUREALERT INC SCRA
Also Read: Part One
$100M Revs If just 300k DUI assigned 24/7-Sobriety-Patch-Program in the entire country requiring a minimum of 25 patches per person per year or Drug Courts with over 2700 in the US and Growing http://www.canp.uscourts.gov/forms/vendors/sweat_patch_training.pdf
According to this chart Drugs account for an outstanding %51 of all incidents
100K Participants per year X $15 = $1.5M x 25 Patches minimum per year = $37.5M in revenues
200K Participants in the 24/7 Sobriety Program per year X $15 = $3M x 25 Patches per year = $75M in Revs
300K = $112,500,000 Revenues Huge New Potential that's Taking hold rapidly
this may be indication of DUI Ratio : 24/7 Sobriety Drug Patch
Leah Viste -Assistant Cass County State's Attorney
As of 12/5/13, Cass Co. had approximately 128 participants in the 24/7 Program. Of those, 45 were submitting to twice daily breath tests, 43 were wearing ankle bracelets, and 40 were wearing patches.
The participant's costs are as follows:
breath test $1/test or $2/day. Bracelet $5/day patch $50/2 weeks or $3.57/day.
No. of Participants Cost per day
~ Twice Daily Breath 45 - $2
~ Tests Bracelet 43 - $5
~ Patch 40 - $3.57 ($50 every 2 weeks)
*Note Takes apox. up to 100 patches to complete program
http://www.legis.nd.gov/files/committees/63-2013nma/appendices/15_5052_03000appendixg.pdf?20131223093901
yes that's right 1/3 wearing Drug Detection Patches ...
http://apps.sd.gov/atg/dui247/forms/Programfees.pdf
Sweat Patch is the only device FDA approved for collecting sweat specimens
'Several collection devices have been manufactured for collecting sweat specimens. The two most common are the patch and the swipe; however, the sweat patch is the only device approved by the U.S. Food and Drug Administration (FDA).'
Sweat Patch Substance Abuse and Mental Health Services Administration
http://store.samhsa.gov/shin/content/SMA12-4668/SMA12-4668.pdf
If ArcPoint Labs 10,000-locations place-1-order-each-2X-per-year makes total sense for them to want to pull the trigger and take out PCHM
ARCpoint Labs is affiliated with numerous labs throughout the U.S., helping us establish a network of over 10,000 collection sites across the country
http://arcpointlabs.com/find-a-location/
http://arcpointlabs.com/drug-alcohol-testing/types-of-drug-alcohol-testing/sweat-patch-drug-testing/
Laboratory Corporation of America® Holdings Quest Diagnostics Incorporated
PCHM Pharmchem inc.
5.8M outstanding Shares
| Market Value | $158,020 | a/o Jan 09, 2014 |
Application of Sweat Patch Screening for 16 Drugs and Metabolites Using a Fast and Highly Selective LC-MS/MS Method. ~09/25/13 http://www.ncbi.nlm.nih.gov/pubmed/24071814
Link Out
Go PCHM
Scram Drug Detection Patch
submitted by: deet49
$LH $DGX $GEO $SCRA $PCHM
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