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Tuesday, 01/22/2019 8:10:02 PM

Tuesday, January 22, 2019 8:10:02 PM

Post# of 1753
BLO/BLOZF has 102,991,374 shares outstanding. At $1.30/share, that gives Cannabix a market cap of $133,888,786.

LCTC has 2,454,116 shares outstanding. At $4.18/share, that gives Lifeloc a market cap of just $10,258,204.

Cannabix is valued by the market at over 13 x that of Lifeloc. This is utterly insane.

Lifeloc deserves to be valued at least half that of Cannabix. That would equate to a stock price of $27.27.

If Lifeloc was valued equal to that of Cannabix, it would equate to a stock price of $54.55.

In my personal opinion, I believe that Lifeloc should be valued at closer to 2 x that of Cannabix which would put a stock price of $109.11

I only see two possible outcomes here - Both of which have Lifeloc trading higher than where it currently is.

Does anyone here on this message board disagree/agree with these thoughts?

I would love to hear some opinions.

Thanks!
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