Breakout Alert: Sunday November 20, 2022 SOBR Safe Inc. (SOBR) is a âGAME CHANGERâ in $28 Billion Market
The Worldâs First Touch-Based, Preventative Alcohol Detection
Technology and Reporting Software Platform Hi 10XProTrader Member, This is Kevin Vander with â10XProTraderâ delivering you your next premium alert for Monday 11/21 - trading session is SOBR Safe, Inc. (NASDAQ: SOBR). Immediately turn your attention to SOBR Safe Inc. (SOBR) You are about to hear about what could be potentially our biggest pick of 2022, and how it could be your next potential 288% breakout stock. ...This could be a big one! But youâll have to hurry, because SOBR is a very tiny company that currently has a market cap of less than $20M, and is no stranger to tremendous breakouts⦠which may be thanks to the stock's small trading float. According to MarketWatch.com, SOBR has a small float of just 8.31M shares! SOBR is no stranger to breakouts. For example, it was trading at a low of $.87/share on Sep 19th, it surged to a high of $4.27 on Oct 26th for 390% gains. I've been waiting patiently for the perfect timing for SOBR, and it appears the time could be now at its current level. If there is one thing to know about SOBR Safe Inc. (SOBR), it's this - they have positioned themselves to dominate the alcohol safety management space with the worldâs first touch-based, preventative alcohol detection technology and reporting software platform. You must pull it up (right now) and start your research on this company, or you could risk losing out on what could be the next potential breakout stock⦠SOBR could prove to be a true "Game Changer" for early investors going into 2023 as the NTSB just dropped Massive News Calling for Alcohol Detection Systems in All New Vehicles. The National Transportation Safety Board Calls for Alcohol
Detection Systems in All New Vehicles. Do you have any idea what this could potentially do to the share price of SOBR? SOBR Safe providers of game-changing alcohol monitoring solutions, have the worldâs First Touch-based, Preventative Alcohol Detection Technology and Reporting Software Platform. Based in Denver, Colorado, we have the worldâs first touch-based, preventative alcohol detection technology and reporting software platform. It is faster, more accurate and more hygienic than existing solutions, and it is connected to a powerful data aggregation backend missing from current devices like breathalyzers. At the end of September, the federal agency tasked with investigating civil transportation accidents recommended that all new vehicles in the United States be outfitted with blood-alcohol monitoring technology to prevent intoxicated people from driving. One company that has already developed that technology and is in the public market is Denver-based SOBRsafe (Nasdaq: SOBR). The NTSB's recommendation represents a transition for the future of automotive manufacturing and potentially for SOBRsafe. The recommendation was part of an investigative report by the NTSB about a crash in Fresno, California, last year in which a drunk driver collided head-on with another vehicle, killing both drivers and seven children. The NTSB made the recommendation to the National Highway Traffic Safety Administration, or NHTSA, which can choose whether to enact it. Under last year's bipartisan infrastructure bill, Congress passed a measure that requires the NHTSA to mandate automakers install alcohol-monitoring systems in its vehicles within the next three years. "Technology couldâve prevented this heartbreaking crash â just as it can prevent the tens of thousands of fatalities from impaired-driving and speeding-related crashes we see in the U.S. annually,â NTSB Chair Jennifer Homendy said in a statement. âWe need to implement the technologies we have right here, right now to save lives.â SOBRsafe developed touch-based technology called SOBRcheck that aims to prevent intoxicated people from driving or performing other dangerous tasks. The company claims it's faster, more cost-effective and more hygienic than breathalyzers, and the technology is transferable across multiple platforms, including personal wearables and integration with vehicles. SOBRsafe has focused its efforts on selling its products to employers as a safety check. SOBRcheck is installed in warehouses, manufacturing facilities and construction sites, and employees use it by placing two fingers on a sensor that reads their identity and checks their blood-alcohol levels. Within seconds of a user being flagged on the system as intoxicated, a company's management is immediately notified via cloud technology before the employee can get behind the wheel or perform a work duty. The company is seeking to fully replace breathalyzers, and it recently got its first foothold in the justice system. SOBRsafe just signed a deal with Alternatives, Inc., which operates community corrections and re-entry programs in Montana. SOBRcheck will be installed at Alternative's facilities, taking the place of breathalyzers. In addition to saving time and being more sanitary, Alternatives CEO Dave Armstrong said he chose the tech because of its biometric identity verification, which will allow employees to identify people instantly, despite the constant change to Alternatives' clientele. Alternatives has struggled with breathalyzers in the past because some clients suffer from lung-capacity issues and others try to manipulate them by altering their breathing, Armstrong said. "That opens the door for us to be in that space," Gandini said of the deal. "It's a perfect fit for the technology and supports our strategy going forward." SOBRsafe is hiring sales staff and plans to pursue more deals through the end of the year. "We've got the capital, and we're building off of everything that's come together for us," Gandini said. "Eyes are being opened, and we're just heads-down and executing." Now letâs dig into SOBR Safe Inc. (NASDAQ: SOBR)... This company has developed a patent-pending proprietary, touch-based identity verification, alcohol detection and cloud-based reporting system. The innovative technology, used as a preventative solution in historically reactive industries, is being deployed for commercial fleets, workplaces and alcohol rehabilitation. Other intended applications include probation management and young drivers. Needless to say, the markets are wide and impressive... Alcohol-related accident rates continue to climb, but detection technology has not kept pace UNTIL THIS COMPANY! SOBR Safe, Inc. (NASDAQ: SOBR) is quickly growing in the workplace safety market and is set to be the provider of the #1 preventative product that employers can install to create safer work environments, obtain higher productivity, and profit.... all while working to create maximum shareholder value! SOBR is creating a culture of prevention through their touch-based, IoT-enabled alcohol detection platform SOBRcheck, featuring real-time remote reporting and data analytics. The company seeks to reduce current operating costs through insurance savings, add significant, uniform safety measures, and protect against future catastrophic liabilities due to alcohol use. While itâs a sensitive topic, the annual cost of alcohol abuse in the U.S. is $249B! The company's proprietary tool as well as recent news that they have entered the rideshare arena by equipping RubiRides drivers with its wearable alcohol detection band SOBRsure, are strong reasons to have the stock on your radar right now! Wall street is uncovering this promising narrative and the growth potential looks monstrous. Let's dive in further... The Company is Creating a Culture of Prevention... SOBR has developed an alcohol detection solution called SOBRsafe that helps prevent an intoxicated worker from taking the factory floor or a driver from receiving the keys to a truck, bus or heavy machinery. An offender is immediately flagged, and administrator is empowered to take the appropriate corrective actions. The company seeks to reduce current operating costs through insurance savings, add significant uniform safety measures, and protect against future catastrophic liabilities due to alcohol use. Warehouse & Manufacturing As workers with an alcohol problem are 270% more likely to have an accident, no employer can risk an impaired employee even entering the workplace. Installing the SOBRsafe solution at each point of entry ensures that management has real-time, actionable and individualized data â empowering them to efficiently take measures consistent with existing policy, without impeding workflow and production. Fleet Management Delivery & Service, School Bus As just a single alcohol-related accident can have disastrous consequences, every commercial driver on the road must be sober. Period. But current periodic or randomized testing procedures are insufficient to ensure sober driving. Enter SOBRsafe. With centralized devices installed at the timeclock station or the keys check-out counter, every driver must demonstrate the absence of alcohol before taking the wheel, helping eliminate alcohol from the public safety equation. - Each year, alcohol-related injuries, deaths and lost productivity cost American employers and insurers $63 billion. - Nearly half of all industrial accidents involve alcohol, leading to 200,000 injuries and 500 deaths each year. - Workplace substance abusers incur 300% higher medical costs, and 3x the normal level of health benefits. SOBR is Awarded OH&S 2022 New Product of the Year
in Safety Monitoring Device Category! Recently SOBR announced that it had been awarded the Occupational Health & Safety (OH&S) New Product of the Year in the Safety Monitoring Devices category for its SOBRcheck⢠system! SOBRcheck is the first preventative, touch-based alcohol detection platform designed to operate effectively at scale and maximize user throughput. What makes the platform game changing is that no breath, blood or urine samples are neededâ¦. Instead, this IoT-enabled, instantaneous alcohol detection solution requires only the touch of a finger to determine the presence of alcohol in an individual's system, and the device sends real-time alerts and data analytics to administrators. OH&S is a leading publication in the industrial health and safety market. This achievement for the company may set the stage for more recognition for SOBR to be on the way! SOBR Launches Touch-Based Alcohol Monitoring Band
and New Partnership with North-Star Care Last month SOBR announced the launch of SOBRsureâ¢, an alcohol monitoring band for alcohol treatment programs. SOBRsure is a preventative alcohol monitoring system ideally suited for drivers. The fitness-style, privacy-forward wearable alcohol detection band provides continuous remote reporting, geolocation and removal alerts. SOBRsure is intended to help accelerate intervention and improve recovery rates, potentially enhancing patient quality of life and decreasing the financial burden to insurers. The band will be pioneered by North-Star Care (North-Star), an innovative virtual reality treatment platform, in a partnership agreement. Breaking from the traditional rehabilitation model with the first entirely virtual Alcohol Use Disorder (AUD) rehabilitation program in the country, North-Star Care leverages digital technologies including virtual reality, telehealth, wearable monitoring devices, pharmaco-genomic-based medical treatments and other evidence-based interventions to dramatically improve treatment outcomes The agreement calls for an initial 1,150 white label bands; North-Star intends to deploy them through the end of the year and anticipates up to 7,500 patients in the first year of the program! SOBRsafe's revenue model consists of a one-time unit purchase fee and a per user monthly subscription fee. The fitness-style, privacy-forward wearable alcohol monitoring band provides continuous remote reporting, geolocation and removal alerts. For the first time, patients now have a streamlined, modern solution to proactively manage and monitor their progress and goals, while telehealth professionals are provided with added insight into the optimal treatments needed - all virtually, and all in real time. Approximately 15 million Americans are experiencing Alcohol Use Disorder (AUD), a component of the $38 billion addiction and substance rehabilitation industry in the United States. While insurance providers were projected to spend $280 billion across all substance abuse and mental health spending in 2020 - a $109 billion increase over the past ten years - it is estimated that 90% of individuals with AUD deviate from their recovery plan within four years of treatment, demonstrating how existing rehabilitation processes are not conducive to long-term success for patients experiencing AUD. SOBR Partners with RubiRides to Introduce a Higher
Level of Safety to the Rideshare Market SOBR recently announced its partnership with rideshare company RubiRides, an innovative membership-based service that delivers reliable transportation with an emphasis on safety for children through a network of rigorously vetted and highly dedicated drivers. Introducing an unprecedented standard of safety verification to the rideshare market, SOBRsafe will supply RubiRides' growing pool of drivers with SOBRsureâ¢, its wearable wristband that detects alcohol as emitted through the skin's pores. SOBRsafe will empower RubiRides management with a centralized, real-time reporting and safety intelligence platform. This partnership represents SOBRsafe's entrance to ridesharing, and the industry's first opporâtunity for uniform, continuous alcohol safety monitoring! Initially launching with 30 drivers in Washington, Maryland and northern Virginia, with additional markets launching soon. RubiRides anticipates equipping up to 500 drivers with the SOBRsure band by the end of 2022! SOBR - Other Big Headlines... - SOBRsafe Enters Construction Market with Field Technology, Customer Agreement - SOBRsafe Enters Fleet Market with Major Midwestern Food Management Company - SOBRsafe Secures Supply Chain Stability with BGM Electronic Services - Top 100 Insurer Signs Agreement with SOBRsafe to Sponsor Customer Pilots - SOBRsafe Signs First Master Distributor Agreement with RecoveryTrek - New SOBRsafe Customer a Potential Gateway to Commercial Fleets - Denver sobriety tech company goes public with plans to double staff SOBR's patent-pending alcohol detection solution helps prevent an intoxicated worker from taking the factory floor or a driver from receiving the keys to a truck, bus or rideshare vehicle. The company's solutions have the potential to transform the workplace and become a reliable means of alcohol-prevention - once it hits the market. It is projected to capture the highest share of the market as their technology is accessible and fit for all businesses. As the workplace safety industry is expected to see big growth in the years to come and SOBR is led by a world-class leadership team, the sky could be the limit here for the potential of this technology! SOBR Has "7" Key Potential Breakout Catalysts That Provide A Very Bullish Outlook! - â $15 billion+ Revenue Opporâtunity â across core markets Justice, Rehabilitation, Fleet & Workplace - â First-to-Market Monitoring Technology â proprietary, innovative platform for detecting alcohol within a flexible, scalable framework - â Key Strategic Partnerships â Product and go-to-market strategy supported by significant firms in manufacturing, customer service - â Recognized Support â Endorsements from insurers, alcohol testing providers, DUI probation agencies and employers - â Customer Adoption, in Revenue â 5 customers and 3 distributors across core markets Justice, Rehabilitation, Fleet & Workplace - â Compelling Financial Model â Opporâtunity for significant top-line growth, recurring revenues and ~90% gross margins - â Winning Team â Experienced leadership with technology product rollout expertise, backed by strong sales and marketing team Remember SOBR trades on the NASDAQ, so there may be some after hours and pre-market activity which could possibly create a potential buying frenzy at the opening bell. You see, a NASDAQ alert provides investors and traders with the added benefit of being able to trade even before the bell rings. You need to add SOBR to the top of your watch list (first thing) Monday morning! I am urging all of our members to add SOBR to the top of your watch list right now, and be ready Monday morning at the opening bell! Yours for greater gains, Kevin Vander
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