Saturday, January 30, 2021 1:15:19 PM
Lifeloc sits at a market cap of $7,362,348.
Cannabix is valued at 26.7 times that of Lifeloc. In no way, shape or form should this be the case. This is the highest it has ever been.
4-5 years ago these stocks were trading in tandem with each other.
I believe the only reason we are not higher in price is because we have a seller that has held this stock down and we are not seeing the true value of LCTC.
The good thing is that once we are free of these shares for sale, we could see an explosive move higher.
Lifeloc could easily see new highs and get caught up to the value of Cannabix.
What we don't know is how many more shares there are that need to get sold. What we do know is that the float is very low and this can't go on forever.
All it would take is for someone to say, I will take down the whole float at these price levels and we could finally make a move to where we deserve to be.
Recent LCTC News
- Form 8-K - Current report • Edgar (US Regulatory) • 05/23/2024 09:30:36 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/15/2024 08:30:12 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 08:15:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/19/2023 10:14:21 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/08/2023 09:46:57 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/08/2023 02:57:07 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 10/23/2023 02:57:31 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/19/2023 09:11:04 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/08/2023 09:26:07 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/07/2023 08:21:40 PM
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