OTIVF: Merged out - shareholders of OTIVF will receive $0.0599 per share. Refer to company's notice for additional information.

FINRA deleted symbol:

https://otce.finra.org/otce/dailyList?viewType=Deletions

Rockhard, stock market as a whole is ponzi scheme, you must keep that in mind!..
that said..!

what they did in selling it to Nayax is a better option than bk or some sh.tty fund raising, this will clean up total debt and become debt free!..

not sure what are you whining about now, yes they are sobs who steal innocent, gullible shareholders money, but right now, it is over and the co is in better hands!!

They've have just put the final Screw into the Coffin...Offically Have declared themselves by legal decree Insolvent. They've Screwed Every Outside Shareholder Royally... and probably some customers and vendors too... but its interesting how they've taken care of themselves at the expense of others...Shysters.

Chap 11 like.

OTIVF prospectus published recently

Hi biscuit
I’m nibbling still. The market they are in should continue its expansion.
I noticed they no longer announce new contracts, that make it more difficult to gage their revenues.
I believe they continue to receive additional orders from Russia and Japan based on previous licenses, contracts and relationships. I hope in correct.

I picked up a few shares in the fours. Like was said here I think this could be a booming company if they get their costs under control and revenue up. The new CEO seems to be more attuned to these realities. I'm banking on an increase in this NSF technology given Give the transmission problems covid has brought up. At this point it won't be till next quarter before we see any realistic movement, Although there was an announcement of a partnership that seems promising. When I'm done with BRAV I'll probly think a chunk it here. Hopefully more investor traffic will come here.

Agreed
I’ll continue to pick up shares. The CC was difficult to hear.
I’ll buy in the low .45-.52 range

Not bad, I see an improvement.. and still more time for us to average down

No, is difficult to say.. Hope for break even or small profit. Coming sooner or later! :)

Do you have any projections for Wednesday?
Loss
Break even
Profit ??

Hi Rolodog

We will see.... I would prefere, not to be took over, huge potential here! I try to accumulate a little more...

Hi Catcat

I’m still accumulating shares on dips.
Expecting a decent earnings report Wednesday

I suspect a larger company will offer to buy them since their market appealing.

I’m also very optimistic on On Track! Have 40K shs at averege 0.85. Hope to be green soon and much more :) GLTY

Picked up more On Track this morning

I’m optimistic heading into Wednesday morning.

Very quiet board, like I’m talking to myself..

Earnings August 5th 11am. Often early morning earnings reports indicate positive results. Often I have seen companies report poor results after close at weeks end.
Perhaps their 1st positive earnings report ?

Looks like there is new accumulation .
Slow and steady. Recent insider buying along with the new management team are inspiring others to jump in..

David

Yesterday’s volume was 9xs daily average. We hit the low .40’s. It appears investors are buying and holding. Next quarterly CC should shed some insight.
It appears they no longer announce contracts, makes it difficult the gage their progress.

Anyone hearing news of new contracts.?
It appears they are either not announcing new contracts or they changed policy on information. One would think their technology would be welcome to numerous industries
Vending, parking, kiosks .
Stay safe
David

OTI Raises $2.5 Million from Investors
On Track Innovations logo (PRNewsfoto/On Track Innovations Ltd)
NEWS PROVIDED BY

On Track Innovations Ltd. (OTI)
Dec 24, 2019, 08:00 ET

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ROSH PINA, Israel, Dec. 24, 2019 /PRNewswire/ -- On Track Innovations Ltd. (OTI) (OTCQX: OTIVF), a global provider of near field communication (NFC) and cashless payment solutions, today announced that on December 23, 2019, it entered into a share purchase agreement (the "Agreement") with Jerry L. Ivy, Jr. Descendants' Trust ("Ivy") and two other investors who are members of the Company's Board of Directors (the "Board"). The Agreement relates to a private placement of an aggregate of up to 12,500,000 ordinary shares of the Company at a purchase price of $0.20 per share, for aggregate gross proceeds to the Company of up to $2,500,000.

The initial closing of the private placement took place on December 23, 2019. At the initial closing, 6,500,000 shares were issued for aggregate gross proceeds to the Company of $1,300,000. A subsequent closing (the "Subsequent Closing") for the remainder of the amount to be invested is subject to the Company obtaining approval of its shareholders to, among other things, an increase the authorized share capital of the Company.

In addition, under the terms of the Agreement and following the initial closing, the Board agreed to appoint one representative to the Board, designated by Ivy. An additional representative designated by Ivy will be appointed to the Board following the Subsequent Closing.

Yehuda Holtzman, CEO of OTI commented: "Mr. Ivy, together with two of our directors have shown this investment as a vote of confidence in OTI. We intend to use these funds to support OTI's growth."

The above-mentioned offering and sale of ordinary shares to be issued in the private placement are exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"), pursuant to Section 4(a)(2) of the Securities Act and/or Rule 506(b) of Regulation D promulgated thereunder. The ordinary shares will not be registered under the Securities Act and may not be sold in the United States absent registration or an exemption from registration. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the ordinary shares in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About OTI

On Track Innovations (OTI) is a global leader in the design, manufacture and sale of secure cashless payment solutions using contactless NFC technology. OTI's field-proven innovations have been deployed around the world to address cashless payment and management requirements for automated retail and petroleum markets. OTI distributes and supports its solutions through a global network of regional offices and alliances. OTI is the proud recipient of the 2017 AI Award for Best Cashless Payment Solutions Provider – Israel. For more information, visit www.otiglobal.com, the content of which does not form part of this press release.

Safe Harbor for Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Whenever we use words such as "will," "expect," "look forward," "intend," "plan," "estimate" or similar expressions, we are making forward-looking statements. For example, we are using forward-looking statements when we discuss our expectations regarding the Company's continued growth, when we discuss the shareholders' approval required that would enable the Subsequent Closing. Because such statements deal with future events and are based on OTI's current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of OTI could differ materially from those described in or implied by the statements in this press release. The Subsequent Closing is subject to conditions, including the above-described shareholder approval, and may not be completed. Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are stated under the captions "Risk Factors" in our most recent Annual Report (Form 10-K) and other known and unknown uncertainties and risk factors including those detailed from time to time in the Company's filings with the Securities and Exchange Commission. Forward-looking statements are made as of the date of this release, and we expressly disclaim any obligation or undertaking to update forward-looking statements. The reader is cautioned not to place undue reliance on forward-looking statements.

Investor Relations Contact:
Gavriel Frohwein
+1-646-688-3559

no split not enough votes

No new contracts announced since pre split. Anyone hearing any news ?

Company investor presentation and SEC filings.

Their business is very exciting but they need to turn around their everyday business activities and increase sales, revenue and profits.

- 50M AS and 42M OS.
- 1.2M Treasury shares.
- The increase in the number of OS has been 100,000 shares since 2018.
- This is minimal.
- Company dilution is not an issue.
- The net loss in continuing operations has tripled in the past year.
- Assets have decreased in the past year.
- Total current and long-term liabilities have increased in the past year.


https://investors.otiglobal.com/2019-11-06-On-Track-Innovations-Ltd-Reports-Third-Quarter-2019-Financial-Results

https://www.otiglobal.com/wp-content/uploads/OTI-Investor-PPT-NOV2019.pdf

20K on BID, 10K on ASK.

Quietly moving up on almost a daily basis. Going to continue accumulating. Great business and business model.

Looking good the past few days.

The new investment funds could be what is needed to get this back to higher levels. Picked up a few more today.