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By: AllPennyStocks.com
There are lots of ways by which investors can do well by doing good,
particularly in supporting the companies that keep our world clean and
energy-efficient.
One such company is Utah-based Reflect Scientific, Inc. (OTCBB: RSCF), maker of
innovative, proprietary technologies in cryogenic cooling, imaging, and optics
for the health-care, biotechnology, pharmaceutical, medical, industrial, and
transportation markets. Among RSCF’s battery of products are imaging and quality
inspection systems, freezers and refrigerated containers for laboratory and
transport between labs and hospitals.
Specifically, the company’s Model 6000 CATPRO inspection system was purchased in
early December, for more than $300,000 U.S., by an unnamed buyer. Such systems
are used in the quality control processes for diesel particulate filters for the
transportation industry. The CATPRO products continue to be the choice for
automated inspection systems for light and heavy duty truck particulate filters
around the world.
Company literature boasts that RSCF’s technology can remove pollutants, cool
systems more efficiently than most other systems, and test more effectively for
harmful chemicals.
Reflect’s flagship Cryometrix group purports to be the leader in liquid nitrogen
freezer technology. Products include low- and ultra-low-temperature storage
freezers and environmental control systems. Markets served are pharmaceutical
and biotech companies, private and government research facilities, and the
semi-conductor industry.
Among the ways in which the company claims to reduce energy consumption are in
its cryopreservation products such as the ultra-low-temperature freezer known as
the Cryometrix T-150, a technological breakthrough that incorporates a
compressor-free, redundant, liquid nitrogen-based technology.
Back to CATPRO for just a moment; RSCF’s subsidiary Miralogix resulted from the
former’s acquisition of Image Labs International in March 2007. Since 1993, ILI
has specialized as a reseller and integrator of machine vision products. During
the early years of ILI, the CATPRO product line emerged. Reflect Scientific
realized the potential of the CATPRO products and the growing demands within the
automated inspection industry. Miralogix was to become its own entity focused on
expanding the CATPRO product line and developing new automated inspection and
quality control systems.
The news of the new contract on December 8 created a fair bit of business for
the stock, while failing to lift its price above the 15-cent mark, at least
right away. That’s favorable news for investors seeking ownership of an
innovative company at a reasonable price; its peak for the year came last
January at 28 cents, while its basement last March saw the stock at only a dime.
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