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Last $0.09 USD
Change Today -0.01 / -10.00%
Volume 10.0K
RSCF On Other Exchanges
As of 8:10 PM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

reflect scientific inc (RSCF) Key Developments

Reflect Scientific Enters into Agreement with Fortune 500 Company

Reflect Scientific reported that an agreement has been signed with Fortune 500 company making that company the exclusive distributor for the complete product line of Cryometrix ultra low temperature (ULT) freezers in the United States and Canada. The company noted that the Cryometrix ULT freezers are large capacity, high efficiency, low temperature freezers that use liquid nitrogen as the source of cooling. They are suited for pharmaceutical and biotechnology applications where precise, reliable temperature control is required. The Cryometrix patented design eliminates the use of a compressor making it the most reliable low temperature freezer on the market.

Reflect Scientific, Inc. Announces Auditor Changes

On April 21, 2015, Reflect Scientific, Inc. dismissed Mantyla McReynolds, LLC as independent registered public accounting firm. On April 21, 2015, the Company engaged Sadler, Gibb & Associates, LLC, as independent registered public accounting firm. The decision to engage Sadler, Gibb & Associates, LLC was approved by board of directors and during the two most recent fiscal years ended December 31, 2013 and 2014.

Reflect Scientific Mulls Acquisitions

Reflect Scientific, Inc. (OTCPK:RSCF) is seeking acquisitions. Reflect Scientific, said in Sec 10K Filling, “We will continue to focus our efforts on our core business activities while pursuing capital resources and evaluating potential future acquisitions which fit within and enhance our core business.”

Reflect Scientific, Inc. Auditor Raises 'Going Concern' Doubt

Reflect Scientific, Inc. filed its 10-K on Mar 31, 2015 for the period ending Dec 31, 2014. In this report its auditor, Mantyla McReynolds, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Reflect Scientific, Inc. Receives Order for Cryometrix T-90 Ultra Low Temperature Freezer

Reflect Scientific, Inc. announced an order for the Cryometrix T-90 ultra low temperature freezers from a company. The Cryometrix T-90 ultra low temperature freezer cools to -86C without the use of compressors or CFC's. Large capacity (21 cubic feet), high temperature uniformity, no frost formation and low operating costs make the T-90 an ideal laboratory freezer for storing valuable samples.


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Valuation RSCF Industry Range
Price/Earnings 14.0x
Price/Sales 4.5x
Price/Book 8.3x
Price/Cash Flow 14.2x
TEV/Sales 4.2x

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