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Re: pdicamillo1 post# 1648

Monday, 02/12/2024 11:07:15 AM

Monday, February 12, 2024 11:07:15 AM

Post# of 1702
With the current trend in testing, I think the timing is perfect for Lifeloc... They probably could have pushed a little faster by hiring more people, and working around the clock, that would require more money, and probable stock dilution by issuing more shares, or going into debt by borrowing money to finance the fast track. It's amazing that they have achieved getting this far by financing the rollout merely by day to day operations.

I would not be against Lifeloc issuing more shares as a form of equity funding, coupled with commercialization of their SpinDx platform, and funding it's rollout. Although it's commonly looked at as dilutive, and negative for stock price, I feel that this could be positive for the stock price, if done correctly. They could possibly gain some institutional ownership, add liquidity to the trading of the stock, and bring the freely tradeable shares into compliance of the required minimum public float of 1,000,000 shares for listing on the NASDAQ Exchange. I think that this is just a matter of time until something like this occurs.
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