Lifeloc Technologies Inc
For the period ended Dec 31, 2023. Filed Apr 1, 2024.
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FY2023 · Filed Apr 1, 2024
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Item 5.
As of December 31, 2023, we had 65 shareholders of record. Our common stock is not listed on an established public trading market. Since January 17, 2012, our stock has been quoted by the OTC Markets Group, Inc., in the non-NASDAQ over the counter market. The symbol for our shares is LCTC. Trading in our common stock is limited and sporadic. Subject to the foregoing qualification, the following table sets forth the range of bid quotations for the fiscal quarters indicated, as quoted by OTC Markets Group, Inc., and reflects inter-dealer prices, without retail mark up, mark down or commission and may not necessarily represent actual transactions.
| Fiscal 2023 | Bid Price | Fiscal 2022 | Bid Price |
|---|---|---|---|
| 1st Quarter | $1.55 – 2.30 | 1st Quarter | $3.61 – 5.60 |
| 2nd Quarter | $1.59 – 2.29 | 2nd Quarter | $3.40 – 5.60 |
| 3rd Quarter | $1.60 – 3.35 | 3rd Quarter | $2.75 – 4.00 |
| 4th Quarter | $2.21 – 3.15 | 4th Quarter | $2.15 – 3.35 |
Dividend Policy
We have never declared or paid any cash dividend on shares of our common stock. We do not anticipate paying any cash dividends in the foreseeable future. We currently intend to retain future earnings, if any, to finance our operations and expand our business. Any future determination to pay cash dividends will be at the discretion of the board of directors and will be dependent upon our financial condition, operating results, capital requirements, and other factors the board of directors deems relevant.
Recent Sales of Unregistered Securities
None.
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