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Microcap & Penny Stocks : SSA.V - Spectra Inc.(Automotive Parts)

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From: JRod771/22/2019 9:48:13 AM
   of 61
 
News: SSA Appoints New Chairman & Subsidiary Director

2019-01-22 07:20 MT - News Release

Mr. Glen Campbell reports

SPECTRA INC. REPORTS APPOINTMENT OF NEW CHAIRMAN AND SPECTRA PRODUCTS INC. REPORTS ELECTION OF A NEW DIRECTOR.

At a meeting of the board of directors on Jan. 7, 2019, Glen Campbell was appointed as chairman of the board of Spectra Inc.

Mr. Campbell had previously held this position, resigning on October 24, 2018, when he was replaced by Mr. Andrew Malion.

Also, on January 7, 2019, Mr. Mark Donatelli was elected to the Board of Directors of Spectra Products Inc., a subsidiary of Spectra Inc., replacing Mr. Andrew Malion. Mr. Donatelli is Vice-President at B.E.S.T. Funds. B.E.S.T. Funds represents the largest shareholder of Spectra Inc. and is a welcome addition to the Board.

Mr. Malion continues in his roles as a Director of Spectra Inc. and as President of both Spectra Inc. and Spectra Products Inc.

Spectra Inc., through its subsidiary, Spectra Products Inc., is the Toronto-based North American designer, manufacturer and distributor of Brake SafeO, the visual brake stroke indicating system, Brake InspectorO, the company's electronic in-cab air brake diagnostic system and the Termin-8RO line of anti-corrosion and extreme pressure lubricants. Spectra Products Inc. distributes Zafety Lug LockO, a lug nut retainer that uses the resistance between wheel nuts to minimize their ability to rotate and loosen, reducing the risk of wheel damage or wheel loss and Hub AlertTM, an innovative heat sensing label that provides an alert for overheating wheel ends, reducing the risk of bearing failure and corresponding maintenance and repair costs.

We seek Safe Harbor.

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