Star Navigation Systems Group Ltd C.SNA

Alternate Symbol(s): SNAVF

Industrials Aerospace & Defense

Star Navigation Systems Group Ltd. is a technology company. The Company focuses on providing aerospace and transportation data services solutions along with hardware and software platforms that assist aviation and other transport related operators worldwide. It manufactures the In-flight Safety Monitoring System (STAR-ISMS), an aircraft computer that is at the heart of the Star Airborne Data System (STAR-A.D.S.). The STAR-A.D.S. System has real-time capability of tracking, performance trends and predicting incident-occurrences which enhances aviation safety and improves fleet management while reducing costs for the operator. Star's MMIDivision (Military and Defence) designs and manufactures high performance, mission-critical, flight deck flat panel displays for defense and commercial aviation industries worldwide. The STAR-V-TRK system is its small-scale tracking and monitoring system that can be installed on smaller vehicles such as boats, marine, trains, trucks, and others.

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Star Navigation Systems Group Ltd > Calm before the Storm !!!!

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Comment by Pgstock24on May 24, 2023 8:17am

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Post# 35461484

RE:RE:RE:RE:RE:Calm before the Storm !!!!

This second agreement brings the total number of shares under Lock-Up to 250 million out of a total of 964 million outstanding shares, accounting for over 25% of the available outstanding shares.

The Agreement stipulates that these shareholders shall not offer to sell, transfer, assign, pledge or hypothecate these common shares or any beneficial interest in them, or enter into any transaction to such effect, directly or indirectly, on or before June 22, 2023.

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