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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

Post by vinniePon Aug 16, 2022 9:12am
181 Views
Post# 34898873

Update? Progress?

Update? Progress?With the PDAC behind us and the SP hovering around the 52 week low, expectations have all but dried up following the last NR nearly 6 months ago. Transparency and communication have never been a strong suit for Patrick and co. and with a financing a long shot at these levels not sure what any of us have to look forward to. Marketing (apparently) hasn't moved the needle an inch so a JV or reverse split seem to be the only options here. The latest investor presentation had phase 2 drilling and a resource update slated for this fall...at this rate (if one can call it that) not likely. Patrick???? Hellloooooo??? 
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