- On Track Innovations (OTIV) has hired i-bank Houlihan Lokey to "undertake a comprehensive review and prepare a detailed assessment of oti's operations and strategic alternatives, including its intellectual property portfolio."
- Options on the table include "acquisitions or dispositions of assets, joint ventures and strategic investments, as well as the continued execution of the company's current business plan." No timetable for the review has been set.
- Shares have risen to $1.60 AH.