On January 22, 2018, Air T Inc. announced that the Company has had communications with Insignia Systems, Inc. and will continue to engage in communications with one or more officers of the Company and/or one or more members of the board of directors of the Company, and/or one or more representatives of the Company, regarding the Company, including, but not limited to its business, management, operations, assets, capitalization, financial condition, governance, strategy and future plans.