Brief: Sententia Capital Management Reports 6.59 Pct Stake In Schmitt Industries As Of June 1

Schmitt Industries

11/06/2018 16:07

June 11 (Reuters) - Sententia Capital Management, LLC:
    * SENTENTIA CAPITAL MANAGEMENT LLC REPORTS A 6.59 PCT STAKE
IN
SCHMITT INDUSTRIES INC SMIT.O AS OF JUNE 1 - SEC FILING
    * SENTENTIA CAPITAL MANAGEMENT LLC SAYS PURCHASED SCHMITT
INDUSTRIES' SHARES BASED ON BELIEF THAT THE SHARES, WHEN
PURCHASED, WERE "UNDERVALUED"
    * SENTENTIA CAPITAL MANAGEMENT LLC SAYS HAVE ENGAGED WITH
SCHMITT
INDUSTRIES' BOARD & INTEND TO PROPOSE "KEY" PROPOSALS TO
"MAXIMIZE SHAREHOLDER VALUE"
    * SENTENTIA CAPITAL MANAGEMENT LLC SAYS "KEY" PROPOSALS TO
BE
PROPOSED TO SCHMITT INDUSTRIES' BOARD TO INCLUDE BOARD
REPRESENTATION
    * SENTENTIA CAPITAL MANAGEMENT - "KEY" PROPOSALS TO BE
PROPOSED TO
SCHMITT INDUSTRIES' BOARD TO INCLUDE SPECIAL COMMITTEE TO PURSUE
STRATEGIC ALTERNATIVES

Source text: (http://bit.ly/2sTumZw)
Further company coverage:  SMIT.O 

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