Dear Investors and Shareholders,
On behalf of Recon Aerospace & Defense Inc., we would like to sincerely apologize for the delay in the issuance of shares to our investors. We understand the importance of timely and accurate share processing, and we greatly appreciate your patience and continued support during this transition period.
The delay is the result of a forward-thinking decision by the Company to change its transfer agent from Pacific Stock Transfer Agent to Colonial Stock Transfer, located in Sandy, Utah. This decision was made with the long-term interests of both the Company and its shareholders in mind.
As Recon Aerospace & Defense Inc. continues to grow and advance its corporate objectives, it became clear that the Company requires a transfer agent capable of providing more fluid, consistent, and responsive customer service. The move to Colonial Stock Transfer is intended to better support the speed, communication, and administrative needs of the Company and its shareholders.
We are very excited about this transition and believe it represents a positive and important step forward. We are confident that Colonial Stock Transfer will provide the level of service, responsiveness, and efficiency necessary to meet the evolving needs of our shareholders and the Company.
Please be assured that the Company is working diligently to complete all pending share issuances as quickly and efficiently as possible. We remain committed to keeping our investors informed and supported throughout this process.
We thank you again for your patience, understanding, and continued confidence in Recon Aerospace & Defense Inc. We believe this move will greatly benefit our shareholders and strengthen the Company’s ability to serve investor needs moving forward.
Sincerely,
Recon Aerospace & Defense Inc.