In July, 2006 Alpine Securities Corp raised $1,073,000 in a private placement at $1.00 per share for Reflect Scientific, Inc. (OTCBB: RSCF). The proceeds of the Offering to the Company are intended to be used for the purchase of outstanding shares in Crymastor and an advance for continued operations.
Reflect Scientific provides products for the biotechnology, pharmaceutical and medical industries and has had consistent year-over-year growth for more than 13 years. Reflect Scientific targets strategic acquisitions that will increase revenue and profits in their primary markets and that will fulfill Reflect's strategic imperative of significant, sustained revenue growth through innovative market need-based products.. More information is available on Reflect Scientifics' company website at: www.reflectscientific.com
Crymastor produces ultra low temp freezers for the biotechnology and pharmaceutical industries.
