As it is visible by the chart of Reflect Scientific Inc (OTC:RSCF), the company’s stock has been sporadically traded between $0.08 and $0.15. The numerous empty trading session and the sharp price changes of RSCF shares make the stock a highly volatile one.
Yesterday, RSCF stock was traded again after a nearly one week pause. The price of the company’s shares dropped 8% to $0.11 on a volume of 21 thousand shares.
A couple of hours after the opening bell, a newsletter featuring the company arrived in the promotional database of Hotstocked. The issuer of the newsletters was Small Cap Voice who admitted that one week ago it received $7500 thousand from RSCF for audio interview service.
The campaign was ordered on Jul. 22. At that time RSCF shares had reached $0.12 per share. Therefore, it appears that the audio interview made by Small Cap Voice was not of much help to RSCF share value. [BANNER]
According to its corporate website, RSCF is a company which is engaged in the technology sector. The company claims it has assembled a product portfolio to test for harmful chemicals and save energy in a range of cooling applications.
However, the company has a very low investors interest as indicated by its daily average volume of roughly 9 thousand shares. This can explain why there are so many empty sessions of RSCF. It also appears that the services of an investor relations company will not suffice to make the company more popular.
