Blow & Drive Interlock, Corp.
| Public | |
| Traded as | OTCQB: BDIC |
| ISIN | 🆔 |
| Industry | Manufacturing |
| Founded 📆 | 2013 |
| Founder 👔 | |
| Headquarters 🏙️ | , , |
Area served 🗺️ | |
Key people | Laurence Wainer (President, Chief Executive Officer and Director)[1][2] Abraham Summers (Chief Financial Officer)[1][2][3] |
| Members | |
Number of employees | |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Blow & Drive Interlock, based in Los Angeles, California, is a publicly traded company that distributes, and leases its Ignition Interlock Device Model# BDI-747 across 11 States.[4][5][6][7]
The BDI-747
The BDI-747 is a state of the art ignition interlock device, breath-alcohol testing device approximately the size of a smartphone. The ignition interlock device requires the driver to exhale into the device prior to starting the vehicle. The device will prevent the vehicle from starting if the driver's blood-alcohol content exceeds a predetermined set level.[8]
Interlocks may be required for use by DUI or DWI ("driving under the influence" or "driving while intoxicated") offenders as part of their mandatory court or motor vehicle department program. The individual subject to the court or motor vehicle order pays for the installation/removal and monthly lease of the ignition interlock device. Blow & Drive Interlock provides services relating to monitoring of the device at predetermined intervals according to state guidelines. Data is then collected and made available to the appropriate authorities for review.
The company's principal location is in Los Angeles County, California and has 100 qualified personnel to install, calibrate, remove and monitor the devices across the eleven U.S. states where it has received approvals to operate. The Company's business plan includes growth of the Company by continuing to complete and submit state applications and to build up its service infrastructure by utilizing its own retail infrastructure, independent installers, distributors and franchisees.[9][10][11][12]
Regulatory Approvals
Blow & Drive Interlock received U.S. Federal certification from the National Highway and Transportation Safety Administration to provide criminal monitoring services by means of its BDI-747 Breath Alcohol Ignition Interlock Device in 2014. It has since gone on to receive U.S. State approvals to provide services in conjunction with the judiciary or administrative arms in eleven states since it began formally leasing devices in 2015:[13][14][15]
California[16]
Oregon[17]
Pennsylvania[20]
Colorado [20]
Kentucky[20]
Oklahoma[20]
Tennessee[20]
Arizona[20]
Texas[20]
Kansas[20]
The Shahs of Sunset
Blow & Drive Interlock has been made infamous on Bravo's hit show the Shahs of Sunset as the place of employment for Mercedes's loveable fiance Tommy Feight.[21][22][23]
Recent Developments
In September 2016 Blow & Drive Interlock announced that it had entered into a letter of intent with The Doheny Group to finance an expansion strategy that would quadruple the company's market share from its supply of 500 machines to 2,100 machines.[24][25]
In 2016 Blow and Drive collaborated with Mother Against Drunk Driving as a part of MADD's report "Drunk Drivers: A State by State Guide to Creating a Future of No More Victims.®" to create a data-driven public policy position on creating a future without drunk driving based on ignition interlock policy and legislation[26]
References
- ↑ 1.0 1.1 http://www.otcmarkets.com/stock/BDIC/profile
- ↑ 2.0 2.1 http://finance.yahoo.com/news/bdic-engages-gnosiis-international-appointing-202319671.html
- ↑ https://www.equities.com/news/blow-and-drive-interlock-corporation-bdic-engages-gnosiis-international-to-appoint-new-cfo
- ↑ http://www.bloomberg.com/quote/BDIC:US
- ↑ https://www.last10k.com/sec-filings/bdic
- ↑ http://www.marketwatch.com/investing/stock/bdic/secfilings
- ↑ http://www.nasdaq.com/symbol/bdic
- ↑ http://www.marketwired.com/press-release/bdic-engages-gnosiis-international-will-be-appointing-abraham-summers-as-chief-financial-otcqb-bdic-2148850.htm
- ↑ http://www.marketwired.com/press-release/bdic-releases-end-of-quarter-shareholder-letter-otcqb-bdic-2139595.htm
- ↑ http://yahoo.brand.edgar-online.com/default.aspx?cik=1586495
- ↑ https://www.sec.gov/Archives/edgar/data/1586495/000149315215006008/ex10-3.htm
- ↑ http://www.superbcrew.com/blow-drive-brings-to-market-a-state-of-the-art-wireless-ignition-interlock-device/
- ↑ https://www.equities.com/news/blow-drive-interlock-58-77-approved-to-install-interlock-device-in-pennsylvania
- ↑ http://microcapspot.com/inside-scoop-blow-drive-interlock-corp-otcbbbdic/856/
- ↑ http://www.iheart.com/show/53-Uptick-Network/?episode_id=27608791
- ↑ https://globenewswire.com/news-release/2015/07/23/754592/10142844/en/California-DMV-Approves-Blow-Drive-Interlock-s-BDI-747-as-1-of-Only-5-Interlocks-That-Are-Lab-Certified-Under-the-New-2013-Federal-Specifications.html
- ↑ https://globenewswire.com/news-release/2015/07/24/754849/10143049/en/Oregon-DMV-Approves-Blow-Drive-Interlock-s-BDI-747-for-Installation-in-Oregon-Under-Oregon-Administrative-Rules.html
- ↑ http://www.marketwired.com/press-release/bdic-is-one-of-only-six-interlock-providers-invited-by-the-state-of-ny-otcqb-bdic-2143243.htm
- ↑ http://www.streetinsider.com/Press+Releases/BDIC+Releases+End+of+Quarter+Shareholder+Letter/11798038.html
- ↑ 20.0 20.1 20.2 20.3 20.4 20.5 20.6 20.7 http://www.marketwired.com/press-release/bdic-approved-pa-increase-sales-ignition-interlock-devices-expected-from-new-dui-law-otcqb-bdic-2146753.htm
- ↑ http://news.lalate.com/2016/04/24/tommy-feight-mercedes-javid-engaged-shahs-of-sunset-dislike-mj-boyfriend/
- ↑ http://www.bravotv.com/shahs-of-sunset/season-5/blogs/6-things-you-didnt-know-about-mjs-fiance-tommy-feight
- ↑ http://heavy.com/entertainment/2016/07/mj-mercedes-javid-fiance-boyfriend-tommy-feight-shahs-of-sunset-engaged-instagram-wedding-engagement/
- ↑ http://finance.yahoo.com/news/blow-drive-bdic-signs-loi-080000876.html
- ↑ https://www.equities.com/news/blow-drive-bdic-signs-loi-with-the-doheny-group
- ↑ http://www.madd.org/drunk-driving/ignition-interlocks/reports/
External links
- Official website
- OTC Markets Company Profile
- Yahoo Finance
- Bloomberg Markets
- MADD Technology That Saves Lives – A Report on Ignition Interlocks
This article "Blow & Drive Interlock" is from Wikipedia. The list of its authors can be seen in its historical. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
