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Re: Smokeitup1 post# 162

Saturday, 02/04/2017 5:22:03 PM

Saturday, February 04, 2017 5:22:03 PM

Post# of 1869
While you may view the low float of LCTC as a problem, I see it as an absolute gift. This is not an issue of if, it becomes a circumstance of when:

When Lifeloc announces any type of positive news or progress being made on the SpinDX technology or the marijuana breathalyzer, it will become a $30 to $50 stock. If someone wants to get in a couple thousand shares on that news, it will see the $30's fairly quickly.

When Lifeloc is able to show us a working marijuana Breathalyzer and begins to conduct testing in the field, there is a good chance the price goes over $100/share. We will see news outlets across the world cover that story and with only so many shares to go around, I am telling you it could get crazy. That's where the power of a low float stock really pays off. We have seen how a couple thousand shares on the downside reacts to selling pressure, but wait until we have a press release that has the potential to be seen by many people all over the world. The upside potential is like none I have ever seen.

If the projections about a possible $10 Billion market for the marijuana breathalyzer are correct, Lifeloc's market cap at $100/share is only $250 million. That's only capturing 2.5% of that total market.

If I am wrong in any of this please let me know.

LCTC at a price of $13 or lower at some point in the near future is going to be a gift from the heavens.
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