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Servotronics Inc V.SVT


Primary Symbol: SVT

Servotronics, Inc. develops and manufactures servo controls and other components for various commercial and government applications, including aircraft, jet engines, missiles, manufacturing equipment and other aerospace applications. The Company's Advanced Technology Group (ATG) segment designs, manufactures, and markets a variety of servo-control components, which convert an electrical current into a mechanical force or movement and other related products. Its servo-control components produced include torque motors, electromagnetic actuators, hydraulic valves, pneumatic valves, and similar devices. Its operating facilities are located in Elma and Franklinville, New York. The Company’s products are marketed and sold throughout the United States and in selected foreign markets.


NYSEAM:SVT - Post by User

Bullboard Posts
Post by vinniePon Jul 06, 2018 1:25pm
165 Views
Post# 28278593

No news in more than a quarter...

No news in more than a quarter...It's been close to four months since an official NR, the appointment of Peter Ball. Prior to that was financing. There's chatter of some reaching out to McGrath, looking for answers. With that said, there has apparently been dialogue and an explanation that permitting is taking longer than expected due to inactivity on the property for a number of years. If Patrick keeps getting phone calls and emails from concerned investors, would it not be evident that a corporate update might be in order? A tender has been put out, a rig is lined up awaiting the permit? Why is this only being communicated to those that make the effort to reach out? It should be public info. There has been an uptick in volume the past couple weeks, a brief spike to $0.095 yesterday so who knows. We need something concrete
Bullboard Posts