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There is a rumour on Twitter that the Company is in merger talks with an unknown nasdaq entity - any one heard the same?
Tons of issues with the information provided and lack of context in their PR. Biggest quarter - promote it. Large sales orders in Jan 2021 - give some context as to size. All of this points to a company that needs better leadership in terms of PR, and future direction.
Time will tell as you say...
I agree, lack of info and transparency is frustrating. However the difference in the q3 number is 100k+\- - not a big deal. The real story is that estimated annual revenue for 2020 will close at 2.6 million +\- approx 1 million over prior year. Very strong. The OWS announcement i suspect was a mistake. I have looked at other freezer companies and can’t find any PR on deals with OWS. They discuss revenue attributed to COVID-19. In my view the CEO needs to step down into another role, hire an outside PR firms, and take the company to the next level.
Q4 earning are out....positive.
Let’s hold above .03...
We got orders...another $213k contract...
Any response?
I am curious as well. They paid consultants with stock and I believe the cryometrix purchase also had a stock component. I suspect those parties cashed out...
RSCF - I re-read the press release from this morning - couple of observations:
1. They finally have an investor relation email. This is a change from the Info email from prior releases - positive steps
2. They actually mention the PFIZER vaccine and how these freezers can help - I missed this but I think this is positive as well and supports the demand for this product
A trusted friend, who is also investor in this Company had called/emailed the Company a significant amount to get more information, increase his comfort level but has had no success. The only success was an email back from Kim Boyce. Any follow up emails/calls are not returned or he speaks to the receptionist who he now knows by name. She take his number and that is where it ends.
Your previous posts have been spot on and I can see truth and believe the fact they are busy, contacts are coming and don’t happen over night, and management are conservative and straight shooters but I have to ask, how come you can get through but no one seems to be able to?
Agreed - very frustrating. They are losing momentum. On paper the fundamentals have not changed,
contracts, conservative management, no debt, patents, and lean operation. The Company is no stranger to getting large contracts - look at past news releases. They just suck at PR which unfortunately in this day and age you need.
It’s power hour...let’s go CBDD
Much appreciated....
Hi - any update from Tom Tait? This stock has so much potential. If you look at their past press releases they are no stranger to government contracts. Just hoping they are able capitalize.
Let’s go CBDD - .03 is in our sights...
Biden will invoke Defense Production Act to boost vaccine production, Covid advisor says
Dr. Celine Gounder, clinical assistant professor of medicine and infectious diseases at NYU’s Grossman School of Medicine and member of Biden’s Covid-19 task force, told CNBC’s “Squawk Box” Monday that President-elect Biden will invoke the Defense Production Act in order to ramp up production of raw materials for vaccines, personal protective equipment and other resources needed to fight the spread of cornavirus.
This should be good for RSCF
Wow - congrats let’s keep the momentum...
$CBDD
Over .02 $CBDD congrats
Obviously a need for RSCF. I am hoping they can capitalize on this. Have you had any further contact with Thomas Tait?
So much selling when nothing has changed and on the back of good news. Why?
Awesome....$RSCF!!!
Hi - have you heard from Thomas lately? I re-read there 3rd Qtr disclosure last night. This company is doing everything correct - no customer concentration, good growth, patents, no debt, and possible net income this year. The fact that they they are cautious is great. The lack of PR is annoying
Any update would be appreciated in confirming what I already know.
Response from K Boyce:
Thank you for reaching out to us. I am sorry for the lack of information we have given you, but as you can imagine we have had hundreds of calls and emails.
Also, based on the two or three people I have spoken with directly, I found my conversations have been taken out of context and then fed to the general public.
Please send me an email with your limited questions and I will answer them if possible. I am currently following the advice of our SEC counsel concerning phone calls/emails and I will not give out any non-public information. Our financials are online, our website is active and we will continue to make announcements when relevant.
Thank you for your support.
Sincerely,
Kim Boyce
Not very helpful...
This is what I got:
We have received several phone calls from you and understand that you spoke to someone from RS on Monday, January 4th. There is no new information and at this time we cannot dedicate time to phone conversations for information that is already offered to the public. All new information will be released to the public when it is availible.
If you have further questions for you or your clients you may email this address. If they are questions we offer and do not involve insider information we will answer. anything regarding purchase contracts and product configuration will not be disclosed.
Thank you for your interest in Reflect Scientific.
Reflect Scientific Inc.
Investor Relations
Has anyone received a response from the IR person at RSCF? Just want to compare responses...
For your reference:
mailto:investor_relations@reflectscientific.com