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Last $0.04 USD
Change Today 0.00 / 0.00%
Volume 0.0
RSCF On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 01/29/16 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

1266 South 1380 West

Orem, UT 84058

United States

Phone: 801-226-4100

Fax: 801-226-2885

Reflect Scientific, Inc. designs, develops, and sells scientific equipment for the life science and manufacturing industries. Products The company’s products range from non-mechanical Cyrometrix freezers, detectors, and products and parts for the life science industry to tools and analytical services for industrial manufacturing. The company’s improving product portfolio includes ultra low temperature freezers and chemical detectors, in addition to supplying original equipment manufacturers (OEM) products to the life science industry. The company’s products are sold in the biotechnology, pharmaceutical and medical industries, as well as the manufacturing industries, such as automotive. Cryometrix Freezers The company’s Cryometrix ultra low temperature freezers are used in multiple industries for the storage of everything from blood to cancer vaccines. These types of freezers are used by hospitals and biotechnology research facilities. Detectors The company’s chemical detector products serve the analytical instrumentation sector of the life sciences market. These optically based chemical detection instruments provide an alternative for OEM. One major use for these detectors is the analysis of whole blood for metabolic diseases. Customers The company’s customers include hospitals and diagnostic laboratories, pharmaceutical and biotech companies, universities, government and private sector research facilities, and chemical and industrial companies. Governmental Regulations The company is subject to the Sarbanes-Oxley Act of 2002. This Act creates a strong and independent accounting oversight board to oversee the conduct of auditors of public companies and strengthens auditor independence. Patents and Trademarks Patents have been issued covering various products, such as JMST (JM SciTech, LLC doing business as JMST Systems) chemical detectors (four patents issued) and Cryomastor ultra low temperature freezers (two patents issued). Research and Development During the year ended December 31, 2014, the company expended $22,135 for research and development. Competition Majority of the company’s products compete against multiple competitors, with its refrigeration products competing primarily against Thermo Fisher Scientific and Sanyo Corporation.

 

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Price/Sales 1.9x
Price/Book 3.6x
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TEV/Sales 1.6x
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