Jerry Ivy Hails Shareholder Meeting to Elect Directors
29 November 2012 - 12:00AM
On Track Innovations, LTD. (Nasdaq:OTIV) on Friday, November 23
called a shareholders' meeting for December 30th to consider the
director nominees of Jerry Ivy, founder of Zer Capital and the
second largest shareholder of OTIV.
Ivy stated: "This is a great victory for OTIV
shareholders! Shareholders now have the opportunity to elect
directors who will focus on improving the financial performance of
OTIV. Customers, employees and shareholders will all
benefit. I have complete confidence that my nominees will
focus on implementing changes to realize the potential of OTIV's
patents and technology."
OTIV separately announced the resignations of three directors
that Mr. Ivy sought to remove as directors. As a result, only
Mr. Ivy's nominees will be considered for election at the December
30th shareholder meeting.
Ivy asked that shareholders support the election of the
nominees, as well as to vote for the proposals to be considered at
the shareholder meeting on December 13, 2012.
We do not have access to shareholder contact information.
Consequently, we are unable to directly reach out to you. If you
want us to contact you, please email your name and contact
information to otiv@markbeattylaw.com or call 877-777-4270.
Your support is very important, regardless of how many shares
you own. If you have any questions, please call our proxy
solicitors, Alliance Advisors at 877-777-4270, or go to
www.otivinfo.com. Please rest assured that all communication with
us and Alliance Advisors will not be shared with any party and will
be held in strict confidentiality.
CONTACT: otiv@markbeattylaw.com
Alliance Advisors at 877-777-4270
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