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Reflect Scientific Inc. Successfully Up-lists to OTCQB Venture Market

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Reflect Scientific, Inc. (RSCF) announced its successful up-listing to OTCQB effective October 28, 2021. This move aims to enhance investor access and support the company’s growth strategy. The OTCQB operates under the OTC Markets Group and is tailored for emerging companies, requiring current reporting and management certification. This listing is recognized by the SEC and allows for greater public information to aid investor analysis. Reflect Scientific develops innovative cryogenic cooling technologies for multiple industries, including biotechnology and pharmaceuticals.

Positive
  • Successful up-listing to OTCQB enhances investor access.
  • OTCQB listing may attract a broader range of investors.
  • Reflect Scientific operates in multiple high-demand sectors, including biotechnology and pharmaceuticals.
Negative
  • None.

OREM, Utah, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Reflect Scientific, Inc. (Symbol: RSCF), a provider of diverse products and services for the biotechnology, pharmaceutical, and transportation industries announces their successful up-listing to OTCQB trading status, effective as of the open of trading on October 28, 2021.

As part of the Company's growth strategy, the up-list to OTCQB will allow a broader range of investors to invest in Reflect Scientific stock. The OTCQB is operated by the OTC Markets Group, Inc. and is designed for entrepreneurial and developing companies. To be eligible for quotation on the OTCQB, companies must be current in their reporting and undergo an annual verification and management certification process. Companies must also meet a minimum bid price and other financial conditions. The OTCQB is recognized by the Securities and Exchange Commission as an established public market and provides current public information to investors for analysis and valuation of securities.

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.”


FAQ

What is the significance of Reflect Scientific's up-listing to OTCQB?

The up-listing allows Reflect Scientific (RSCF) to access a broader range of investors and improves the visibility of its stock.

When did Reflect Scientific's up-listing to OTCQB take effect?

Reflect Scientific's up-listing to OTCQB took effect on October 28, 2021.

What requirements must Reflect Scientific meet to be listed on OTCQB?

To be listed on OTCQB, Reflect Scientific must be current in reporting, undergo annual verification, and meet minimum financial conditions.

What industries does Reflect Scientific serve?

Reflect Scientific develops technologies primarily for the biotechnology, pharmaceutical, medical, and transportation industries.

What products does Reflect Scientific offer?

Reflect Scientific offers low-temperature freezers and refrigerated systems for laboratory and transportation use.

REFLECT SCIENTIFIC INC

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6.00M
40.03M
53.27%
0.02%
Medical Instruments & Supplies
Healthcare
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United States of America
Orem