LifeLoc Technologies Inc (LCTC)

[pdicamillo1]

Lifeloc Technologies LCTC stock float:

After doing some extensive research to find out the true public stock float of Lifeloc, I have the following to report:

I believe that LCTC has a float that is approx. 180,000-190,000 shares.

In 2016 Barry Knott was the current CEO and owned 109,625 shares of LCTC.
Gurumurthi Ravishankar also owned 10,000 shares.
As these gentlemen are no longer associated with the company, their shares are not included in the total shares owned by officers/directors of the company. These numbers are included in the current total float of 362,192 shares.

In 2013, Robert H Summers owned 11,500 shares and Mark A Lary owned 50,000. These were officers/directors of Lifeloc at the time and are no longer associated with the company so their shares are also included in the current total float of 362,192.

These shares that were once held by insiders total 181,125 shares.
If the current stock float of 362,192 is subtracted from these shares, we get a total of just 181,067 shares.

No shares have ever been sold by any current insiders, officers or directors except for 3,000 shares that were once owned and sold by Ms. Kornelsen.

This leads me to believe that the current seller that continues to repeatedly come in with 1,000 share lots to sell has to be either the former CEO Barry Knott or Mark A Lary disposing of their previously held shares.

With a true float less than 200,000 shares, Lifeloc has a public stock float that is in the top 10 lowest floats of all US companies traded on all exchanges.

At the current price of $4.18, the entire public float can be bought up/locked up for approx $750,000. This is just mind blowing.

This company/stock is one of the best kept secrets in all of the land. I understand that it has been dead money for a long time but when it decides to move, we are going to see something amazing. I know it, see it, feel it and believe it.