LifeLoc Technologies Inc (LCTC)

[pdicamillo1]

As I was searching for more information on what the true float of Lifeloc is, I came across this article that does a great job with the explanation. Keep in mind that it is from 2014 but still seems relevant today:

https://promotionstocksecrets.com/lifeloc-technologies-inc-lctc-low-float-pot-ticker/

When LCTC filed to go public it only had 2,422,416 shares outstanding of which 2,257,549 shares were held by the officer/directors of the company making them restricted.

That gave LCTC a free trading share count of just 164,867 shares after going public.

After going public, LCTC has only added 10,000 shares to the outstanding share count and those shares went to one of the directors of the company making them restricted.

The LCTC float sits at an amazingly tiny 164,867 shares.