Reflect Scientific Inc. Applies for Uplist to OTCQB Venture Market

Rhea-AI Summary

Reflect Scientific, Inc. (Symbol: RSCF) announced its uplisting to the OTCQB Venture Market, enhancing its capital access and market visibility. CEO Kim Boyce emphasized that this strategic move aligns with the company’s growth plans in the cryogenic refrigeration sector. Reflect Scientific specializes in innovative cryogenic cooling technologies, primarily for the biotechnology and pharmaceutical industries. The uplisting is expected to facilitate future growth and acquisitions as the company expands its presence in the market.

Positive

• Uplisting to OTCQB Venture Market enhances capital access.
• Improved market visibility may attract new investors.
• Strategic alignment with growth in the cryogenic refrigeration market.

Negative

• None.

OREM, Utah, Oct. 19, 2021 (GLOBE NEWSWIRE) -- Reflect Scientific, Inc. (Symbol: RSCF), a provider of diverse products and services for the biotechnology, pharmaceutical, and transportation industries announces that it has initiated the process of uplisting to the OTCQB Venture Market.

Mr. Kim Boyce, CEO of Reflect Scientific Inc., remarked, “Moving into a higher tier of the OTC market will give Reflect Scientific greater access to capital for future growth and acquisitions along with higher market visibility. The uplisting aligns with our strategy of growth in the cryogenic refrigeration market.”

About Reflect Scientific, Inc.
Reflect Scientific, Inc., based in Orem, Utah, develops and markets innovative, proprietary technologies in cryogenic cooling for the biotechnology, pharmaceutical, medical, and transportation markets. Among Reflect Scientific’s products are low-temperature freezers and refrigerated systems for laboratory, transportation, and computer server room uses. Visit www.reflectscientific.com for more information. See us on Twitter @ReflectSci and LinkedIn www.linkedin.com/company/reflect-scientific.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainties and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of the disclosures contained in the filings of the Company that are contained in the OTC Markets Group, LLC under the trading symbol “RSCF” and related prior filings by the Company that are referenced therein and contained in the EDGAR Archives of the Securities and Exchange Commission under the heading “Disclosure,” including those identified in such filings as “forward-looking statements.”

Contact
Thomas Tait
801-607-1039
investor_relations@reflectscientific.com

 

FAQ

What does the uplisting of Reflect Scientific (RSCF) mean?

The uplisting to the OTCQB Venture Market allows Reflect Scientific greater access to capital and improves its market visibility.

When did Reflect Scientific announce its uplisting?

Reflect Scientific announced its uplisting on October 19, 2021.

How does the uplisting benefit Reflect Scientific (RSCF)?

The uplisting is expected to facilitate future growth and acquisitions in the cryogenic refrigeration market.

Who is the CEO of Reflect Scientific?

The CEO of Reflect Scientific is Kim Boyce.