On January 22, 2018, Air T, Inc. announced that it intends to influence the policies of the Insignia Systems, Inc. and assert shareholder rights, with a goal of maximizing the value of the common stock. Air T added that in the past, it has had communications with the Company 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.