LifeLoc Technologies Inc (LCTC)

[pdicamillo1]

My take on the shareholder letter:

"Our only long-term debt being the mortgage on our building."
I don't think there is any other OTC or pink sheet company that can make that claim. We also know that the share structure has stayed the same and there is no reason to dilute shareholders.

With the global market for breathalyzers and safety equipment rising year over year, I am not impressed with the last quarter or yearly revenue figures. Lifeloc should be reporting record revenues and profits for the foreseeable future. I'm confident they are thinking the same thing and are making the necessary changes to get back on track to reporting record numbers.

"We believe that the SpinDx methodology is the best detection method available and it will be the detection portion of our marijuana breathalyzer system."
This sounds like they are focusing their efforts for the marijuana breathalyzer towards the SpinDX technology. I still think we as shareholders are due some type of an update on a timeline and progress being made.

I'd personally like to see a stock split and an uplisting to Nasdaq. That would increase the float, raise investor awareness, bring some more volume to the stock, and should send stock prices higher.