Saturday, May 18, 2024 11:47:30 AM
We have the annual shareholders conference call about a month from now on June 19 (9:00 AM - (303) 407-9190 725#). That's our last chance to get some answers and I think we should brainstorm any and all relevant questions to ask the Lifeloc team. We need to get them on board and show some interest in increasing shareholder value.
Of course it's painful to watch not only Cannabix stock rise dramatically but all small cap and low priced stocks seemed to have gotten a bid recently.
The chart on Lifeloc does look good for a breakout - similar to Cannabix when it broke out above $0.20 but it's vitally important to keep up the volume. There is a buyer who seems to be willing to soak up shares in the mid $3.00's. That's our most important level to hold above. I'm not sure we have anything near term that will move us higher but as long as it can hold these levels, it looks good for a breakout at some point.
We are at the point where any investment over the last 10 years would have produced better returns than Lifeloc. Something needs to change soon so we can get excited again. It simply can't be another year of them telling us commercialization by end of next year. Get your shit together and make this happen.
Recent LCTC News
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