Servotronics Inc V.SVT

Primary Symbol: SVT

Technology Scientific & Technical Instruments

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.

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Servotronics Inc > That's it - a 1 line Statement From Sedar today.

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Comment by Eoj123on Aug 28, 2020 9:51am

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Post# 31469027

RE:That's it - a 1 line Statement From Sedar today.

Absolutely not, Platina is a large shareholder w/ 6 million shares so they want what's best for Blue just like you, I, or Patrick would. The JV agreement expires in Febuary if the commitment has not been fulfilled, however there is a very good chance Platina will surrender back the property early so other arrangments can be made. With Zink touching $1.14 they will not cut off their nose to spite their face.

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