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Re: Madison1063 post# 445

Tuesday, 04/02/2019 10:25:07 AM

Tuesday, April 02, 2019 10:25:07 AM

Post# of 1869
Madison, this is not a value trap, but the last year has been a great opportunity to purchase shares at a great value. As the company has evolved, it's future is becoming brighter and brighter. It has been consistently profitable - with rising revenues and new products. They have planned expansion of their current manufacturing/R & D facility in Colorado, and have publicly demonstrated that they are expanding their workforce - in both high end technical management positions, as well as manufacturing/production positions by public job postings. With recent new products that were in development and now coming to market, this will both increase revenue and sales - as well as allow the company to fully devote their resources on the completion of the marijuana breathalyzer that they have been developing.

Yes, the volume is low, but this often occurs as people willing to sell their shares ceases. As selling pressure decreases, and demand increases, so will the share price. To try and buy thousands of shares a dollar below the last traded price may not be futile, but at this point in the game, may be highly unlikely to get a complete fill of your order. Sometimes you have to pay tne ask, and it still may be a great value....!

I agree that a buyout is somewhat unlikely, but not completely. At Lifeloc's current market cap, it would make an attractive takeover target for a company such as Intoximeters, Intoxalock, Drager, or Smart Start. Again, I am not touting this, just saying it could make sense.

I think we are getting ready to see a large increase in volume, much greater than the volumes experienced in 2017. This is just my opinion, but the groundwork has been laid.

Good fortune to everyone...
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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