DIRECT REGISTRATION SYSTEM

Capital Transfer Agency and WorldWide Stock Transfer, LLC have partnered together to provide issuers with the most efficient and innovative processing available. WorldWide can act as a secondary agent for you, while Capital remains your primary transfer agent. Through this relationship, you and your shareholders can have access to electronic processing services such as DWAC (Deposit/Withdrawal at Custodian) and DRS (Direct Registration System).

DRS & DWAC Services

Worldwide Stock Transfer is a part of Depository Trust Corporations (DTC) Fast Automated Securities Transfer system (FAST), which enables us to electronically transfer shares via Cede & Co. (DTC’s nominee name) to participating broker/dealers, rather than process paper certificates.

DWAK

Debit Withdrawal at Custodian (DWAC) - An electronic method of transferring shares on the books of the transfer agent between participating broker/dealers using the Depository Trust Company’s (DTC) Fast Automated Securities Transfer system (FAST) with the transfer agent serving as a custodian.

The main difference between DWAC & DRS is as follows:

*DWAC usually refers to new or certificated paper shares to be electronically transferred.

** DRS shares are already issued and held electronically in book-entry format at the transfer agent.

DRS

Direct Registration System (DRS) - Is an electronic system for registering stock with an issuers/company’s transfer agent. These shares are in electronic book-entry format, and can be transferred to and from a brokerage account. Written instructions are required, however, no executed stock power form is needed, due to the fact there is an automatic indemnification between the transfer agent & DTC.