InvestorsHub Logo
Followers 4
Posts 330
Boards Moderated 0
Alias Born 03/22/2012

Re: pdicamillo1 post# 1664

Monday, 02/26/2024 10:20:43 AM

Monday, February 26, 2024 10:20:43 AM

Post# of 1755
I would possibly consider it. I have enough invested to justify a visit, but believe we could probably achieve just as much by reading their quarterly/year end reports, as well as any proxy votes we receive. They most likely will not disclose anything more in person, other than what they report in their filings. I want to see what comes about over the next month or two first. I think the most that would be gained is putting a face to the name of the board members, as well as show that the people that have been investing in their company, are real people, and that they care enough about their investment, and Lifeloc Technologies, to travel across the country for their annual meeting. A better idea would be to request that the meeting be live streamed, with a question and answer session at the end of the meeting for investors, and possibly demonstrate the current Spin DX model. This is the norm, and would not require much from the company, other than a video cam, microphone, and whichever technology they decide to stream the meeting, such as Zoom.

I don't think you will be impressed by their manufacturing facility, not because anything is wrong with it, but for the main reason that most manufacturing facilities are lack-luster. I have worked in many Fortune 500 company electro-mechanical manufacturing facilities - and none were very impressive to me. I do believe that they have expanded, or are about to expand their manufacturing facility, by not renewing some of the space that they lease out in the building that they own. They have done this in preparation, and anticipation for ramping up production.

I also doubt that they ever have much shareholder interest in their annual meetings.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LCTC News