LifeLoc Technologies Inc (LCTC)

[pdicamillo1]

Unfortunately, we are still dealing with a seller that absolutely refuses to let this thing make any upward momentum. Every single time we get an uptick or trade higher, they come right back in with more shares to sell on the offer.

This is from almost a year ago:

"I enormously respect your tenacity and diligence. That being said, LCTC mgt is outrageously inept and only care about their middling salaries / bonuses. This the biggest value / low float trap I have ever come across. i unfortunately own north of 100k shares and will be puking them out over the next several months. What a waste of a potentially fabulous opportunity..."

We have been stuck in the $4 range for 4 years now and it's obvious the seller still has more to go.

Changes need to be made. Management needs to change. The directors need to change.

I firmly believe if Lifeloc were just a shell with no business operations it would be doing better than we are now. The share structure, no debt, and a clean shell would be trading upwards of $10/share.