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Advanced Container Technologies Inc   (ACOL)
Other Ticker:  
 
    Sector  Healthcare    Industry Medical Laboratories
   Industry Medical Laboratories
   Sector  Healthcare
 


Advanced Container Technologies Inc Segments

 
 

Business Segments III. Quarter
Revenues
(in millions $)
(Sep 30 2022)
%
(of total Revenues)
III. Quarter
Income
(in millions $)
(Sep 30 2022)
%
(Profit Margin)
Total
0.63 100 % -0.40 -

• View Income Statement • View Competition by Segment • View Annual Report

Growth rates by Segment III. Quarter
Y/Y Revenue
%
(Sep 30 2022)
Q/Q Revenue
%
III. Quarter
Y/Y Income
%
(Sep 30 2022)
Q/Q Income
%
Total
-5.57 % -14.19 % - -

• View Growth rates • View Competitors Segment Growth • View Market Share

To get more information on Advanced Container Technologies Inc 's Total segment. Select each division with the arrow.

  Advanced Container Technologies Inc 's

Business Segments Description



New Products

In addition to the Medtainer®, which is described under the caption “Description of Business – Products – The Medtainer®,” we sell and are actively developing markets for the following products, all of which we purchase from their manufacturers and resell:

· Humidity Control Inserts. We sell inserts that are placed in airtight containers either to add moisture or to remove moisture. The inserts are of varying size, depending upon the volume of the container, and maintain various levels of relative humidity, depending on the specifications of the insert. These inserts may be used in humidors for cigars and in containers for the storage of herbs, spices and dry food, electronic equipment and documents and photographs, among others. When an insert can no longer release moisture, it will need to be replaced.
· Hydroponic Grow Towers. This product is a vertical hydroponic growing system, which contains modular stackable pots for growing plants, designed for urban farms, rooftop gardens, and commercial growing operations. The plants grow without soil, using wood chips, organic coco coir, Perlite and others as growing media. Water and nutrients are added manually. Because of its vertical design, the system is space and energy efficient, making it suitable for small spaces, such as balconies, patios and rooftops. It grows plants in a fraction of the time and uses substantially less water compared to conventional gardening. Units are manufactured using various substances, including hardened polyurethane or other plastic.
· Smell-Proof Bags. These are airtight bags made of flexible polyester, Mylar, plastic and other substances, with varying means of closure, such as Velcro, Ziploc and zippers. Some use activated carbon to enhance odor removal. Depending on their size, they can be used to store and prevent dissipation of odors from fish, herbs and dirty clothes, among others.
· Lighters. These are butane lighters that are sold with and without logos and other markings. We purchase lighters from others and add marking at our facility.

The Medtainer®

Medtainers® are manufactured from medical-grade polypropylene resin, because we market them for uses that include grinding pills for administration to children and other persons who have difficulty swallowing and to pets. Our 20-dram Medtainer® has received child safety certification.

The Medtainer® can store herbs and herbal remedies, medicines, coffee and teas, wines and liquors, foods and other solids and liquids without cross-contamination and grind many substances. Some configurations have a built-in grinder in order that non-liquids that it carries may be ground into powder in the case of medicines or shredded in the case of herbs. The Medtainer® is air- and water-tight, non-porous and non-leaching. We currently sell the Medtainer® in a 20-dram child-resistant version and our 20-dram original version, a 20-dram non-child-resistant version and a 40-dram non-child-resistant version. We plan to sell the Medtainer® in several other configurations. We sell this product with and without logos and other markings.

As indicated by the picture below, the Medtainer® configured with a grinder/shredder has three components. The top component is a cap, the middle component is a storage cup with grinding/shredding teeth projecting downward from its bottom and the bottom component is a grinding/shredding cup with teeth projecting upward from its bottom. Material is transferred from the storage cup into the grinding/shredding cup, the storage cup is inserted into the grinding/shredding cup, forming a space in which the two sets of teeth intermesh, and the two cups are then rotated manually such that the material passes between the two sets of teeth and is ground or shredded. The ground or shredded material may then be returned to the storage cup for storage or used or dispensed in another manner. The cap attaches to the grinding/shredding cup such that the storage cup is held between them, forming a compact unit which is air- and water-tight between the cap and the storage cup, as well as between the storage cup and the bottom cup. Medtainers® without grinding capacity will have only a cap and a storage container.

In the future, we may sell containers other than the Medtainer® that will give consumers the ability to easily store, carry and consume various solids and liquids.
   

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