Dicamillo, I agree with most of the things you have been stating.
Yes, the float is extremely low - and as the shares churn at these low levels, they will continue to be bought up by investors like you and I, who are in it for the long run. This will only lock up more shares in the float for investors like us. I have slowly been accumulating, 100 to 300 shares at a time all through 2018 - and will continue as the opportunity arises.
As far as the company not making "News Releases," I get it. Even though it would be nice to get a little boost once in a while, without sufficient material to follow - this will only attract short sellers. I believe that management knows what they are doing, and when the time comes, they will provide releases as they see fit.
Lifeloc is in the best position - better than any competitor to bring a successful product to market. Being first would be nice, but first is not always best. You see, Lifelock has many years of experience in this market. They have an existing customer base, not only in the US or Canada , but I all over the world. It would be relatively easy to roll a "new product" into their existing customer base. Don't forget all of the regulatory hurdles that exist with bringing a new product to market - Lifeloc knows what is expected of bringing a breathalyzer to market from years of experience. They will have their ducks in a row when the news releases start.
As far as the liquidity and stock split goes, again, I feel management knows what they are doing by being patient. My thoughts on this are that I would not like to see a split until after a Nasaq uplist. Listing on the Nasdaq requires several criteria - including a minimum share price, as well as the cost associated with the exchange. When the time is right (hopefully in the near future), I believe management will list with the Nasfaq, but to do this, they need to maintain a minimum share price. Splitting prior to this will only jeopardize an uplist by reducing share price to accommodate split.
Listing on the Nasdaq will open a world of investors, who are limited, or not permitted at all to invest in OTC stocks. I believe an uplist could easily double the share price. Following this, a little news release - then maybe consider a split, when the share price can sustain the Nasdaq market.
This is the year. Have patience, and use any weakness as a chance to accumulate more shares.
Happy St. Patrick's Day from the First State...!
