"Another not-so-friendly situation was On Track Innovations, or OTI, an Israeli company that Eberwein claims had a terrible board, management team and track record despite having valuable patents. Eberwein, along with Jerry Ivey and Charles Gillman, launched a proxy battle, capturing eight out of 10 board seats, Eberwein said. OTI had sued T-Mobile for patent infringement and won on all four of its points in a preliminary Markman hearing. The company is now negotiating with T-Mobile, which Eberwein said offered "peanuts" to settle the case. If the company wins, then there are many other companies who should be licensing the technology, Eberwein said. The company hired a well-known patent attorney, Dimitrios Angelis, to help in its efforts, including monetizing its intellectual property. Eberwein bought the stock at $1.50 per share. It recently hit $4."