On February 11, 2013, Utilicraft Aerospace Industries Inc. (UITA). received from each of John J. Dupont, President and Chief Executive Officer and Randy Moseley, Chief Financial Officer and Secretary a letter voluntarily resigning their respective officer positions and director positions with the company. The officers did not resign over any disagreements with the company on any matter relating to the company's operations, polices or practices, but as a positive measure to assist certain principals and major shareholders of Freight Feeder Aircraft Corporation, who are also major shareholders of the company collectively, who have expressed a desire to assume control and executive management of the company in order to further the ability of Freight Feeder Aircraft Corporation to enhance its capital raise efforts for the funding of the Freight Feeder Aircraft Development Program that Freight Feeder Aircraft Corporation previously purchased from UITA pursuant to that certain Asset Purchase Agreement between Freight Feeder Aircraft Corporation and UITA, dated December 7, 2007.