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Re: PotsandPans420 post# 1407

Wednesday, 03/22/2023 11:46:14 AM

Wednesday, March 22, 2023 11:46:14 AM

Post# of 1882
They stated in their recent 10-K that they had two Patents ready to be filed. If you don't read the filings, you would have no idea... Most people don't take the time to read companies filings on a regular basis, they rely on trending news over the Dow Jones News Wire Service. A good question now is... what is Patent #2 all about...?

Sadly, most investors/traders don't even know this company even exists, but that could easily change with one simple announcement from the company. This is why the very few people that do follow this company are at a great advantage. If you compare Lifeloc's statistics vs. other publicly held companies in the same field, such as SOBR and BLOZF, you will see that Lifeloc is in a very good position financially compared to them.

Take an hour and look at the statistics - P/E Ratio, EBITA, Market Cap, Cash on hand, Debt, Book Value, etc... Lifeloc has no toxic financing, their debt is very low, and largely related to the financing of the manufacturing facility that they own, and rent half of the space out to other businesses. They have 2.4 Million in cash, revenues of over 8 Million a year - and increasing, yet their Market Cap is only 4 Million. Shit, their book value is 2.51 per share...! Yet it trades at $1.70 ?

I don't have to tell you this, you've been here long enough. With a float of only 257,000 shares, and 90% of outstanding shares are held by insiders, this stock will have it's day. We are well positioned here, and should be taking advantage of the current share price.
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