Servotronics Inc V.SVT

Primary Symbol: SVT

Industrials

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

Servotronics Inc > Terrible News Release post bell...

<< Previous

Bullboard Posts

Next >>

Post by vinniePon May 28, 2020 5:53pm

145 Views

Post# 31084983

Terrible News Release post bell...

Zero communication in months and Patrick essentially tells us what we already know, Peter Ball is out, another disappointing development. Nowhere did it mention the possibility of "re-structuring" the JV with Platina, yet Platina has reported such news more than once. When this deal was first reported, Patrick communicated "As we partner with Platina to advance the Blue Moon Project, we will continue to look for opportunities to further add value to the Company for our shareholders." Well, since then we've dropped to a penny, not much you can do at that value.

<< Previous

Bullboard Posts

Next >>

From now on, dynaCERT instead of Bitcoin or NVIDIA?