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Entire sector is flying for weeks and this is 11. Should be over 30
Someone hit bid today a few times WTF
The number you posted 3,001,476 is before the financing. So that number is 90m pre split. It’s not factoring in the 11m they raised hence the true shares outstanding 5m is the current shares outstanding + warrants and options.
That’s a old pre slit number. Your not counting the shares from the financing. the figure I posted isn’t fully diluted cause I didn’t count the warrants.
I agree with you. I’m happy with my position if I had more money I would attack the ask but now I just try to add what I can by keeping a low order in.
Shares traded yesterday was 3,604,712
Shares outstanding 5,104,332
not above but still very impressive
Hopefully some of these ETFS take a position.
It’s alive
Nice volume all of a sudden
Unreal we aren’t getting more volume
GWPH takeover. lots of eyes will be on the sector.
They expire in 5 year you have the right to exercise the warrant to purchase LEXX at $6.58. Warrants have done very well since they started trading at $2 I would probably go with the stock here but as the stock goes up it’s something to watch. Sometimes warrants will be better deal. Right now Is rather buy the stock.
Warrant exercise price 6.58 +$2 warrant 8.58 break even.
Yes institutional did the capital raise and those shares can go to anyone affiliated with the firm Including retail clients of Hc wainwright.
You could of also opened up an account and participated in the deal as I did.
What milestones did they meet? I agree it is on me. You got out years ago and got back in now. Um that’s luck. Altria could of very well bought this company in September and this wouldn’t even be a conversation. Your reason for selling “they underperformed”. Um they are still underperforming and if this gets under $1 they are going to have to do another RS to stay on Nasdaq. Also if this $ gets burned with nothing to show for it the shares outstanding will double.
Seems like something leaked out for the volume after hours and a high print of $5.67
Well that could of been said for the past 4 years. Split adjusted at $30 $25 $20 $10 and $4. so if you were smart enough or lucky enough to buy on Nasdaq day one your loving the investment. (Even though it’s still underperforming it’s peers)
Picked a great time. Near a 4 year low and they just diluted massively. Probably get a nice double of your money. Sad that management screwed long term shareholders. They have basically zero chance of every seeing Jan 2018 levels.
Lol yea amazing performance 1 year -66%.
Can’t wait to see this break 5 and all the pumps and accolades for management lol
Interesting we’re on the Nasdaq. Market ripping higher. Marijuana sector on fire biotech on fire and yet we are .16 pre split and still under the awful low $5.25 private placement.
Wanted to see the volume keep going today. 3.15x 4 currently.
We need to keep this volume going. I tell my coworkers just buy 100 shares!
With the Schumer news I’m surprised volume isn’t higher today. Ask down to 3.25 1k. Wish I had the $ to pounce on that.
Isn’t the technology of the 2 companies different on how it detects THC.
Hmm I thought John docherty was more the science guy. The money they raised is great. It’s up to them now. Some of these studies get very expensive so yea the money could last a few years or under a year depending what direction they go. It’s all about getting the licensing deals and reoccurring revenue. So I guess I worded my last point wrong. It’s not how long the money lasts it’s being efficient and using it to get to those deals. Hopefully we get good news with BAT.
Sucks we gave away so much of nicotine division to Altria.
BLOZF is very pumpy. They put out these fluffy press releases but in the end what do they actually have? Some from the management team have a shady past. If you read the sec filings from LCTC over the years they are starting to talk about the mj breathalyzer more and more. Lctc main business is the alcohol breathalyzer business. A few years ago they started looking into doing a marijuana one. I believe now that they know their technology detects the thc level properly and all they have to do is get it into a handheld device they have talked about it more.
You may want to contact your broker they may give you free commission on these trades cause it’s low volume. The market cap is just way too low. Just based on their alcohol revenues it should trade 3-5x higher.
Nice to see more activity on this board.
Good point about trading relative to cash position. Only problem is they are going to spend that $ so it’s a tough comparison.
If they are successful with the $ spent they we are good. If they go through this $ and don’t become cash flow positive we will be right back at the window for another capital raise.
Hope for the best.
Lifeloc has the revenues from the alcohol breathalyzers and the relationships with those businesses already in place. That’s a big head start.
The 70 registered shareholders is firms. Not individuals. So if you and I both have shares at Etrade that counts as 1.
Nice job on share structure. When those past insiders sell those shares need to be factored into the float. I would think it’s somewhere between 200-350k
I was trying to add shares on the bid cheaper it’s just very difficult if you are looking to start a big position. If someone wanted 10k shares it’s going to be hard get filled on bid. More than likely they would have to pay above current ask
The shares outstanding is a double edge sword. Some won’t buy into this company because lack of liquidity others love these because it doesn’t take much to move it. If we are correct in this company sooner or later people will build positions and with such a low float that’s when you see the price (market cap) catch up to blozf.
If we get a few people that want $25k positions all of a sudden this is over $100.
If anyone reaches out to the company they should also get back on the otc qx.
Why would you want to issue more stock? That dilutes shareholders. Main reason why companies do buybacks to reduce shares and increase EPS.
Wow it’s desperate when the stock at a 4 year low goes from 4.30 to 4.60 and people are excited. Can’t imagine the comments with this @ $10 (.30 pre split)
$90 would be exciting to me $3 pre split.
It sucks the liquidity but it makes sense insiders own like 89% of the shares. The available float is around 300k shares. Some of us here have been accumulating for years little by little so even more of the float is locked up. I thought getting the PPP loan was very smart. They are stating to mention the Marijuana Breathalyzer more and more which to me is a sign its moving in the right direction. 2019-2020 they spent on updating the alcohol business before that they were profitable. The company doesn't need to raise money has a low valuation which to me is a great opportunity as an investor. GLTU
need more than 650 share volume from all of this
lol 50 shares traded wonder if he is getting people to buy
wow nice find that would be crazy. Not seeing any volume today is disappointing.
I don't have twitter but this seems like a really great idea.
Someone on Twitter is posting LCTC a few times.
MAC heavily shorted Also
It’s crazy looking at everything that moved and this is still under $3. At $10 it’s extremely undervalued and we can’t get over $3.
Always thought this can get over 100. With this reddit movement they could push this over 1000
gotta alteast hold $4