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Uv Flu Technologies Inc
UV Flu Technologies, Inc. is a public company listed on the OTC bulletin board under the ticker symbol UVFT. The company is engaged in the design, development, manufacturing, and marketing of ultraviolet (UV) room disinfection devices for the healthcare industry.
Here are some key facts and figures about the company:
* UV Flu Technologies, Inc. was incorporated in the state of Nevada in July 2001.
* The company's principal executive office is located in Chelmsford, Massachusetts.
* The company's products are designed to provide effective disinfection of bacteria, viruses, and spores in hospital settings, including operating rooms, patient rooms, and nurseries.
* UV Flu's flagship product is the RD-UVC, a low-pressure mercury vapor UV disinfection system that is designed for use in hospitals and healthcare facilities.
* The company has installed its products in over 400 hospitals and healthcare facilities across North America.
* UV Flu Technologies, Inc. is traded on the OTC Bulletin Board (OTCBB) under the ticker symbol "UVFT".
* The company's financial results are reported in US dollars and are listed on the OTC Markets Group platform.
* As of December 2022, the company's market capitalization was around $3 million.
* The company has reported operating losses in recent years, including a net loss of approximately $2.5 million in 2020 and a net loss of approximately $2.6 million in 2019.
* UV Flu Technologies, Inc. has not paid any dividends to its shareholders.
* The company has been focused on growing its revenue through increased marketing and sales efforts, as well as through strategic partnerships and collaborations with healthcare facilities and distributors.
* The company has also been investing in research and development to improve its existing products and develop new ones, including a new product called the RD-UVC Pro, which was launched in 2020.
In terms of industry trends, the healthcare industry has been shifting towards more environmentally friendly and cost-effective methods of disinfection, which has created opportunities for UV Flu Technologies, Inc. to promote its UV disinfection devices. The company has also been focused on expanding its presence in the US and international markets, where there is a growing demand for effective infection control solutions.
However, as a small-cap stock, the company's stock price has been highly volatile and subject to significant fluctuations, which can be influenced by a variety of factors, including the company's financial performance, industry trends, and overall market conditions. As with any investment, it is important to conduct thorough research and due diligence before making any investment decisions.