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Re: DragonKrys post# 347

Tuesday, 01/22/2019 4:56:36 PM

Tuesday, January 22, 2019 4:56:36 PM

Post# of 1742
Thanks for the info:

To clarify, if we add back the 45,500 shares that were not owned by Barry, we get a float of 226,567 shares.

According to the latest annual report, LCTC had 75 shareholders. If we divided the float equally among all 75 shareholders, each shareholder would need to own approx. 3,020 shares to lock up the entire float and at current prices it would still take less than a $ Million to secure the float in Lifeloc.

If I had the capital, I would love to bid in the high $3.00's and low $4.00's and suck up all the shares being sold down here. I believe the base for the stock should be right around $3.50. I can't imagine how it goes lower than that.

Lifeloc may or may not be the first to produce the marijuana breathalyzer but I would bet they have the most accurate/reliable one on the market when the time comes.

DragonKrys, anything more to add? Seems like you do your homework and I'd like to know if you would like to provide any additional info.

Thanks and all the best!

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