The emulsion, light controlled film is composed of suspended, microscopic light-absorbing nanoparticles infused into the glassmaking process. It creates a unique glass called SPD SmartGlass that smartly increases energy efficiency and user comfort.
The technology allows users to instantly change the tint of glass or plastic from clear to dark, or any point in between. This can be done automatically with the touch of a single button.
SPD-SmartGlass also blocks 99 percent of UV radiation and users control the amount of heat, glare and light that enters their buildings, homes, factories, businesses or cars.
REFR has licensed 39 companies to sell the SPD SmartGlass to four major application areas: auto, aerospace, architectural and marine products. And I'm told that Mercedes and BMW may use this product in their 2014 models.
REFR has only 19 million shares outstanding and last October sold 1.25 million unregistered shares at $4.70 to an impressed private investor, raising $5.6 million it needs for operating expenses. This sounds good but doesn't feel right. But if you can afford the risks ... do it.
Please address your financial questions to Malcolm Berko, P.O. Box 8303, Largo, FL 33775, or email him at email@example.com.