|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.0520 - 0.0520|
|52 Week Range||0.0300 - 0.2000|
|Beta (3Y Monthly)||3.50|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Reflect Scientific, Inc. (RSCF), a provider of diverse products and services for the biotechnology, pharmaceutical and transportation industries announced the release of the Cryometrix L-80 liquid chiller, a new product for the cannabis extraction market. One of the preferred methods of extracting CBD from the hemp plant material is using cold ethanol. Using other cooling systems in the market takes several hours to days to cool quantities of ethanol to the desired temperature (-45C or below) for extraction.
In 2018, sales increased 45% due to increased sales of our Cryometrix Liquid Nitrogen Technology powered freezers for the Bio/Pharma sector. All of our freezers are manufactured in the state of Utah, and many efficiencies have been initiated that will decrease our yearly operating costs by $151,000. RSI started developing cryogenic temperature control systems, using liquid nitrogen, 13 years ago.
Reflect Scientific, Inc. (RSCF), a provider of diverse products and services for the biotechnology, pharmaceutical and transportation industries announces a 27% year over year sales increase in Q3. Cryometrix brand freezers have created a new market for the rapid, high volume freezing of blood and blood products. The increased interest in CAR T-cell therapy has driven pharmaceutical manufacturing to embrace blast freezing technologies like the B-90 blast freezer.
Reflect Scientific, Inc. (RSCF), a provider of diverse products and services for the biotechnology, pharmaceutical and transportation industries announced significant progress on achieving company goals in 2018. The Reflect team was tasked in 2018 with opening new market opportunities through product innovation along with addressing current market opportunities.