Thursday, December 20, 2018 5:12:16 PM
Thank you for your continued interest and support for Lifeloc stock. With regards to your specific questions:
1. Are there any plans to provide a timeline for completion of the marijuana breathalyzer?
-We are not publicly releasing a time line as there are still uncertainties around the timing of development events. But I am very pleased that some of the other projects are wrapping up so that we can focus more resources on this very critical project.
2. We have previously talked about an uplisting to a major exchange and I'd like to know where things stand in regards to a NASDAQ listing.
-We do aspire to uplist to a major exchange and have assessed the cost and effort. For the short term, we are choosing to focus all resources (dollars, people and attention) on item 1.
3. We also talked about a possible stock split to increase the shares in the float as to bring in more long term investors. Can you provide any update in this regard?
-Being consistent with our aspiration to uplist, currently we do not have any plans for a stock split which would take our stock price below NASDAQ listing requirements.
4. Can Lifeloc make it a point to provide more PR's in 2019 as this will build some new investor awareness.
- Yes. We have worked hard to build a better story and it is appropriate now to take some more effort to tell that story.
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