Keep in mind that the 372,192 total shares in the float includes those owned by Barry Knott (109,625), those owned by Gurumurthi Ravishankar (10,000), those owned by Robert H Summers (11,500) and Mark A Lary (50,000).
These are all former insiders/directors of Lifeloc and as far as I know are no longer associated with the company which makes their shares part of the float. These shares total 181,067.
That leaves a total free float of 191,125 shares over for the 67 shareholders. In theory, that averages only 2,850 shares per shareholder.
There is a possibility that the market maker in LCTC has shares that he is using to make a market and has a decent long position that he wants to get rid of. However, I don't think this is the case.
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