|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.0437 - 0.0437|
|52 Week Range||0.0300 - 0.0800|
|Beta (5Y Monthly)||2.81|
|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 a record setting order backlog of over $1 million. The influx of orders for Cryometrix cryogenic products has driven the order backlog to a record number of over $1 million. The L-80 liquid chiller uses a patent pending liquid nitrogen cooling technology unlike anything on the market.
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.