Monday, March 3, 2014

3/3/2014 PIPCO Pre-Market News

On Track Innovations (OTIV) announced they have sold their German subsidiary Intercard Systems to an undisclosed private party.  OTIV will receive $700,000 Euros upfront and future debt payments.

http://finance.yahoo.com/news/oti-divests-intercard-system-electronics-133100566.html

Virnetx (VHC) oral hearing is still scheduled for this morning.  I did not attend due to poor travel conditions from the ice/snow.  A recording will be made available through the court system. 

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