New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 27, 2012
15:19 EDTOTIVOn Track holder Ivy proposed the removal of three existing directors
On November 20, counsel for Mr. Ivy submitted to the Board of Directors of On Track Innovations a Notice of Meeting, Proxy Statement and Proxy Card for an Extraordinary General Meeting of the Shareholders to be held on December 27. The November Proxy Materials proposed to remove three existing directors and to elect eight (8) new directors nominated by Mr. Ivy. These proposals were virtually the same as the proposals submitted to On Track on October 19. Counsel requested that the Issuer file and mail the documents to the Issuer’s shareholders. In response, On Track's legal counsel indicated that, if Mr. Ivy would withdraw his request, the Board would agree to call the requested shareholder meeting to consider removal of the three existing directors and the election of Mr. Ivy’s nominees. Counsel for On Track and counsel for Mr. Ivy exchanged drafts of the form of proxy materials for a shareholder meeting to be scheduled for late December. On Nov. 21st, Mr. David P. Stone and Mr. Mark Green resigned from the Issuer’s board of directors.
News For OTIV From The Last 14 Days
Check below for free stories on OTIV the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 22, 2014
08:34 EDTOTIVOn Track Innovations receives $6.2M order for cashless payment readers
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use