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When I look at the Ihub chart for LCTC, it hasn’t closed above $6.50 in over three years. That’s a major breakout especially with the volume we are seeing.
The volume in LCTC over the last 3 days is more than over the last year and half. That just may be the only stock in the history of trading that has that designation.
Let’s close out the week with another high volume day and increased buying pressure.
Another great find. Correct me if I am wrong but this is a patent application still waiting for final approval?
From the summary:
“OBD-2 devices are also used to prevent drunk driving. For example, a Driver Alcohol Detection System for Safety (DADSS) includes “ignition interlock” systems. Such ignition systems require motorists with previous drunken-driving convictions to breathe into a blood-alcohol sensor to unlock the ignition to start the vehicle.”
I would have to imagine that the authority figures would also want to have the device be able to detect for drugs in addition to alcohol which it sounds like Lifeloc has covered under this patent application.
Here is a link to the money morning live site. They are scheduled to host a live Primetime Trading Launch Event at 7:00 PM EST. I have no idea what they will be talking about but maybe we can bring up the topic of Lifeloc or maybe since he put it out this morning he will bring it up on his own in the chat tonight.
https://moneymorninglive.com/login
Another record volume day with dollar volume of $135,000. And a close above the $6.00 level! We have not closed above $6.00 since Sept 2019.
They were able to take "low float" stock ARAT from $1.00 to over $12.00 today with 10x the stock float as LCTC.
We absolutely need to keep this momentum going. $6.00 is another key resistance area that we need to stay above. We have to sustain this increased volume and continue to bring more eyes onto it.
Apparently this Money Morning Live service has millions of subscribers:
Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.
Here's the bio of the gentleman who wrote the article:
Garrett Baldwin is a globally recognized research economist, financial writer, and consultant with degrees from Northwestern, Johns Hopkins, Purdue, and Indiana University. He is a seasoned financial and political risk analyst, with a focus on stocks, hedge funds, private equity, blockchain, and housing policy. He has conducted risk assessment projects for clients in 27 countries, and consulted on policy and financial operations for some of the nation's largest financial institutions, including a $1.5 trillion credit fund, a $43 billion credit and auto loan giant, as well as two of the largest Wall Street banks by assets under management.
Garrett joined Money Map Press as an economist and researcher in 2011, specializing in alternative strategies with an emphasis on fundamental and technical analysis.
I found what's creating the volume and price surge - check it out:
https://moneymorning.com/2021/08/12/buy-this-4-micro-cap-stock-before-the-house-passes-the-infrastructure-bill/
That is great thinking and good memory on remembering the patent for the passive device.
Do you believe management is capable of bringing forth what's needed to make this happen? Maybe it's time to get the ball rolling with some emails.
We know that SOBR and BLOZF trade right in the $85 million market cap area.
Owlstone and Hound Labs are both private.
Lion Labs, Dragerwerk, Intoximeters, BACtrack, Alere, and Quest I am not sure about but I believe these are the big boys in the industry.
Lifeloc certainly deserves to be valued at least to that of BLOZF and SOBR which have never sold a product and continue to accumulate debt.
Good find. Are you thinking that Lifeloc's RADAR device could be useful as one of these alcohol monitoring systems to be used?
The policy dictates that within three years, the Secretary of the Department of Transportation, through the National Highway Traffic Safety Administration, should do the following (bolded by WUSA9): "issue a final rule prescribing a Federal motor vehicle safety standard... that requires passenger motor vehicles manufactured after the effective date of that standard to be equipped with advanced drunk and impaired driving prevention technology."
"The exact technology is unclear, although it will be "passive," meaning this will not be an "ignition interlock" or "Breathalyzer."
"So we can verify that the infrastructure bill, if passed, would mandate some form of alcohol monitoring technology."
I believe that the RADAR device would be very useful in this circumstance. Perhaps this volume is coming from someone who is thinking the same thing.
Great to see a buyer clear out those shares at $5.00 in one shot. Two days of really good volume is rare and a great sign.
Ideally we close above $5.00 and get continued volume and higher prices throughout the week.
It was so nice to see LCTC trade above $5.00 and two days of nice volume. We haven't seen these prices since April 2020. Would really love to see this close above $5.00 today.
I've noticed they are also taking low floater ARAT higher and wondering if there is any connection to these low floaters finally gaining some traction.
I can't find any news or press releases that would lead to this increased volume which leads me to believe something is happening behind the scenes which is fantastic.
We absolutely have to keep this above $4.00 if we want to have any chance of sustaining some momentum.
We know that over 20,000 shares went into stronger hands today which is great. We probably don't even have 23,000 shares traded this whole year. So basically we did the whole year's volume just today.
I would love to think something is happening behind the scenes and this is not just from someone reading the quarterly report which really didn't impress me.
The key is to get some follow through tomorrow and the rest of the week and to break above the $5.00 level. We haven't seen anything over $5.00 in a year and half.
Most volume ever traded in the history of LCTC by far.
Dollar volume was almost $100,000 and we have never seen anything close to that.
I would love to see some follow through the rest of the week and ultimately we have to close above $4.50 and then $5.00.
I hope this volume is from something happening behind the scenes and not just from the recent quarterly report.
The only thing that stood out from the report in my opinion is the increased spending in R & D and the line, "We have improved the detection sensitivity for delta-9-THC as well as the robustness of the device"
At least some progress is being made. I am counting that as a win.
Would really love to see an ARAT type move happen here. As soon as that stock got some volume it took off. And that was done on a float of 2.3 million shares. We have 1/10th of that float!
I just can't stand how every fuc*king time we get some type of momentum it gets sold right back down. We could have broke through $5.00 today if they would just let it run without a constant barrage of selling pressure.
This is a record volume day before 10:00. Dollar volume is $50,000. This is the most we have ever seen.
We had even traded at $5.00/share which is something we haven't seen in long time.
Sadly we were pushed right back down and lined up with sellers on the book.
Would be really fantastic if we could keep up the volume and make a push to trade and stay above $5.00 today. Could be the start of bigger things to come.
Unfortunately, we are still dealing with a seller that absolutely refuses to let this thing make any upward momentum. Every single time we get an uptick or trade higher, they come right back in with more shares to sell on the offer.
This is from almost a year ago:
"I enormously respect your tenacity and diligence. That being said, LCTC mgt is outrageously inept and only care about their middling salaries / bonuses. This the biggest value / low float trap I have ever come across. i unfortunately own north of 100k shares and will be puking them out over the next several months. What a waste of a potentially fabulous opportunity..."
We have been stuck in the $4 range for 4 years now and it's obvious the seller still has more to go.
Changes need to be made. Management needs to change. The directors need to change.
I firmly believe if Lifeloc were just a shell with no business operations it would be doing better than we are now. The share structure, no debt, and a clean shell would be trading upwards of $10/share.
The origin of this speculative post came from a member named alphakok who posted this on June 9th:
"SSm has already prepared the papers to join $GMZP in pink current, and it is said that the merger could be carried out with the Australian battery manufacturer company. the first producing country of this product. With this information in the light we could see gmzp in the dollar in the next few days."
This member has to yet to post any other info or updates. So either this post was completely fabricated or he/she has information that has not become public yet.
I did look into a possible Australian battery company possibly looking to go public in the near future and I found a company called Energy Renaissance that has been in the news recently for receiving grant money to build SuperStorage batteries. (https://www.manmonthly.com.au/news/energy-renaissance-funded-amgc-build-superstorage-batteries/)
I have not had any communication with the company or Dr. Wilkomm recently. If you would like me to reach out I certainly will.
I know we have a quarterly report due about a month from now.
I can see that there is still a seller that has about 2,000 more shares to get out of.
BLOZF and SOBR are still worth 10x that of Lifeloc and those companies still don't have a sale of anything to their name.
Do we understand that if Lifeloc was a shell company/custodian play right now, with its current float and outstanding shares, it would be trading for way more than it's current price.
We would be better off as investors if Lifeloc had no business operations and was being offered up as a shell or reverse merger play. That's pretty sad that a revenue producing company that has been in business for decades would be better off if it wasn't even operating or doing any business. Most of these custodianship plays are trading with a market cap of anywhere from $15-$80 million. With Lifeloc's share structure I could see it commanding a market cap of at least $25-$50 million.
I don't care what it is but something has to change here.
Short term triple top at $4.25 and a longer term triple top at $4.50.
We haven't seen prices over $4.50 in over a year.
Extremely important to break and trade above these levels if we want to see any further momentum upwards.
Now would be the time to put out some type of positive PR or news announcement.
The Australian battery company is certainly an interesting theory but I have no idea where that could have come from. Plenty of potential in the lithium battery sector:
The global lithium-ion battery market size is estimated to grow from USD 44.2 billion in 2020 to USD 94.4 billion by 2025; it is expected to grow at a CAGR of 16.4%.
https://www.prnewswire.com/news-releases/the-global-lithium-ion-battery-market-size-is-estimated-to-exceed-94-billion-by-2025-301313364.html
We also have this from a post on twitter from SpacTrader:
"I think $GMZP will have news that’ll shock a lot of people
Just like $AVVH did with its share cancellation
I’m going to layer bids from .013-.016 starting next week
Got this weird feeling a big share cancellation is coming close or at least an ss update cutting 1/4th the size"
We can only speculate on the merger candidate at this point but I have a few thoughts on what could possibly be coming in:
GMZP was a company involved in the jewelry business so it could be possible that a metals/mining company is involved so as to use the NOL and accumulated deficit.
I recall GMZP also being a nanotechnology company so that may also be a possibility.
We could also start seeing a spike in crypto related public offerings as evidenced here:
https://www.verdict.co.uk/cryptocurrency-exchange-coinbase-ipo/
I could definitely see some of these SSM plays being merger candidates for some of the crypto exchanges/companies.
And then we have this from last week:
"SSM has already prepared the papers to join $GMZP in pink current, and it is said that the merger could be carried out with the Australian battery manufacturer company. the first producing country of this product."
So I looked into this a bit more and I found a company in Australia called Energy Renaissance (https://renaissanceone.com.au/) that is looking to build the country's first lithium-ion battery factory by mid-2021 (which would explain the reason to go public and raise funding).
As far as I can tell they are not a public company (https://pitchbook.com/profiles/company/300263-32#overview)
This article from Reuters (https://www.reuters.com/article/australia-batteries-renaissance-int/australian-firm-tiptoes-into-battery-making-with-countrys-first-plant-idUSKBN26Y0HK) also explains how "It is in talks with private investors to raise the remaining A$10 million needed through debt and equity."
It's probably a long shot but there are a couple things that actually match up with this " Australian battery manufacturer company" that was mentioned in this Ihub board last week by a poster that just created his/her account and has only made this 1 post.
Based on the charts, it looks like AVVH was just starting to be accumulated in late November/December of last year. GMZP started to get accumulated in late January/February of this year. So based on charts, I would say GMZP is about 2 months behind AVVH.
Also, AVVH was trading right around $0.015 2 months ago which is where we see GMZP developing a sideways pattern/channel.
If we are to see the same pattern develop in GMZP as we are witnessing in AVVH, I would be more than thrilled to see GMZP trading near $.10 two months from now.
By the summer we should know the incoming merger partner and announce a significant share reduction/cancellation.
SSM has good things coming to this ticker. It's just going to take some patience.
Accumulate dips and follow the AVVH chart for encouragement.
I do not see any new updates or filings for GMZP recently. We know that SSM was granted custodianship on June 3rd and they are beginning the process with OTC markets to bring it current. We also know that a name change must be done and the new name is Gamma Zed Partners Corp.
The official share cancellation/reduction in AVVH is absolutely fantastic for GMZP and all the other SSM tickers.
I have to believe GMZP will end up being a similar OS count to AVVH which is right under a billion Outstanding Shares.
And the float on GMZP may be smaller than that of AVVH!
We know this is definitely not a short squeeze type of play. There are currently no shares short in LCTC. The most I have ever seen is maybe 3,000 shares short.
However, the reddit/wall street bets group can make a play on the extremely low float and send this thing rocketing with just a handful of traders getting involved. We have to remember in all of the US publicly traded markets the LCTC float sits in the lowest 15 companies out of over 8,000.
What we really need is a catalyst or some good news from management that we can disseminate across social media. Management has really left investors hanging and it's time for them to step up to the plate.
The updated website (which showed up today) is a step in the right direction - Not every SSM play has an updated website at this point. I do believe SSM already has a very good merger candidate in mind and already lined up for GMZP.
My one issue is with the current OS at over 6 billion (according to OTC Markets), we will not be seeing a 20-40x move in GMZP. That would put the market cap of the incoming company at $2-4 billion.
There would have to be a significant reduction in the OS total, which I do believe will happen. GMZP does not trade like it has anywhere near an OS of 6 billion shares. After all is said and done, I believe we will see an OS count of 1-2 billion shares or something very similar to to the share count in AVVH. The spread and how thin GMZP trades is very similar to AVVH.
The last filing from GMZP had an OS of 901,624,694. This also matches up with yahoo finance. That would put a current market cap of $15.1 million on GMZP. Plenty of room if that's the case. That would be one of the lower market cap of all the SSM tickers and provide us with your 20-40x move once the merger is completed.
New website up!
https://gmzpmerger.com/
I would love for there to be truth to your post but can we ask where you found this info?
I can promise you GMZP will not see dollars “in a couple days” without having definitive legal papers signed, legal issues worked out, etc.
If there’s any truth to this we should see it in the trading today with stock price and volume up. The true sign will be in the trading.
We know that there is a custodianship hearing today with SSM Monopoly and CAFS so I don't believe that any deal has fallen apart. The outstanding debt is an issue that needs to be resolved - I agree with you there.
However, SSM Monopoly has there choice of hundreds (if not thousands) of choices for possible "penny stock" custodial merger candidates and they chose CAFS for a reason. I do not think they haphazardly choose any of their potential custodial candidates. If CAFS does have this outstanding debt that adds 350 million shares to the total OS, I believe SSM would have passed on this play and just moved to another ticker.
Another observation is that the SSM website does not include any talk about CAFS. If the court hearing today results in custodianship granted, then I view this as a great thing for shareholders as not many traders/investors even know this is a SSM play and they soon will.
There is no mention of CAFS on the SSM Monopoly website and it looks like TNBI was also taken off of the SSM news page.
My question is why are they choosing not to include these and if/when they do add CAFS to the SSM updates and they mention the custodianship win on twitter, will we get a nice lift off of that since this is still an under the radar play?
According to your posted report, CAFS has total OS shares of 12,125,212. This also matches up with the OTC Markets.com website.
In comparison, TNBI has 13,324,083 total OS according to OTC Markets.
CAFS has the lowest OS of any of the SSM plays I have seen so far. When traders/investors look at IFAN and they claim that it's the lowest market cap and share structure of all the SSM plays, CAFS has everyone beat.
If the OTC markets site is correct and this has a market cap of just $2,603,889 - this is a very good opportunity!
I believe that CAFS can certainly make a TNBI type move with a market cap this low. TNBI market cap sits at $21,851,496.
Even at half the market cap of TNBI, we should see CAFS make a move upwards of $1.00. That's assuming the OTC Markets info is all correct.
Do you have any other info on this one that you can add?
Can anyone let me know where the otcmarkets.com number of 6.1 billion outstanding shares actually comes from? Are there any reports out there on GMZP that actually states a current OS of 6.1 billion?
One more observation with the OTC markets.com reported numbers for these SSM plays is when I look at the float on IFAN being just over 36 million I do the simple math and determine that the entire float at current prices can be locked up for right around $720,000 and I just don't see that as being anywhere close to accurate. Even a float of 360 million on these plays is still extremely low and could be locked up pretty easily.
My question is - How accurate is the OTCmarkets.com information on some of these tickers?
I looked into GMZP and found out the following:
The last filing I can find for GMZP is dated May 4, 2006.
As of this filing (December 31, 2005) GMZP had a total Outstanding share count of 901,624,694 common stock.
Yahoo finance also confirms this number.
This is vastly different than the # being reported by OTC markets.com which has the OS at 6.1 billion. I have went through all available GMZP reports and I can't find out where they are getting this number from.
Also, as of December 31, 2005 the company had a total deferred tax asset of approx. $5,667,917 and a net operating loss (NOL) carry forward of $19,479,873 which will expire in 2014 to 2022.
We also noticed a NOL of around $30 million in AVVH. This could be something SSM is looking at when they choose these custodial candidates.
The tape and trades on GMZP also seem like it has a much smaller float/OS count than what is being reported by OTC markets.
So the bottom line is the market cap being reported by OTC markets in GMZP appears to be way over the actual market cap.
Actual market cap (as far as I know) is 901,624,694 x $0.0171 = $15,418,090.
Market caps, Outstanding shares, and Floats for SSM Monopoly custodial plays according to OTC markets.com:
AVVH MC = $116.75 million OS 1,910,828,559 Float 1,578,827,280
FBCD MC = $54,136,776 OS 2,449,627,869 Float N/A
GMZP MC = $104.38 million OS 6,101,624,694 Float 840,000,000
MDCE MC = $44,689,586 OS 2,959,575,220 Float N/A
IFAN MC = $14,781,418 OS 739,070,919 Float 36,018,554
NSPT MC = $38,384,716 OS 4,985,028,018 Float 550,026,663
MNVN MC = $5,899,386 OS 1,594,428,611 Float N/A
CBYI MC = $24,989,325 OS 5,099,862,272 Float 4,139,819,054
AAPT MC = $27,717,874 OS 2,980,416,590 Float 360,000,000
SSM market cap comparisons:
AVVH - $116.75 million
FBCD - $54,136,776
MDCE - $44,689,586
NSPT - $38,384,716
AAPT - $27,717,874
CBYI - $24,989,325
GMZP - $15,417,782
IFAN - $14,781,418
MNVN - $5,899,386