LifeLoc Technologies Inc (LCTC)

[pdicamillo1]

Additional stock get issued for a couple different reasons. They vary between helping the stock price move higher or lower:

If business is booming and a company would like to raise money for expansion and growth, they can issue more stock to fund these operations. This is an example of a positive reason to increase the outstanding shares and stock float.

Toxic financing occurs when insiders just want to enrich themselves at the expense of current shareholders by issuing more shares on the open market. This would be an example of a negative reason for increasing the share count. Most if not all stocks that trade under a penny have diluted shareholders by issuing hundreds of billions of shares.

Lifloc does not fall into either of these categories at the current time. Cannabix (It's closest competitor) issues more shares on a monthly basis.
Obviously it has worked for Cannabix to promote its stock through the issuing of shares but this doesn't work that way for every company.

Cannabix has a good management team in place that knows how to inflate the stock price. Lifeloc is clueless and could take some advice from the team at Cannabix.