WOODSTOCK, Minn., Jan. 5, 2012 /PRNewswire/ -- Juhl Wind, Inc. (OTCBB: JUHL, the "Company"), the Leader in Community Wind Power, announced today that effective as of the opening of business on January 13, 2012, the Company will require the mandatory exchange of all existing common stock certificates issued with or under CUSIP number 48131M102 for new stock certificates with the new CUSIP number 48131M201. This exchange is to resolve certain issues affecting the settlement of trades in its common stock.
Persons who currently hold their shares in brokerage accounts or "street name" are not required to take any further actions to affect the exchange of their common stock certificates, unless otherwise instructed by your broker.
To complete this mandatory exchange, shareholders in physical possession of their Juhl Wind, Inc. stock certificate(s) must surrender their old stock certificate(s) to the Company's transfer agent, Empire Stock Transfer, Inc., 1859 Whitney Mesa Drive, Henderson, NV 89014, Tel: (702) 818-5898, Fax: (702) 974-1444. Upon receipt of the old certificate, the transfer agent will issue to holders a new certificate with the same registration and number of shares but with the updated CUSIP number. Stockholders will not receive new stock certificates until they have turned in their old stock certificates to the transfer agent. Juhl Wind, Inc. will cover the fee for issuing the new certificates.
As a result of the stock certificate exchange, all trades in the Company's common stock made after the close of business on January 12, 2012, can be delivered only with stock evidenced by certificates with new CUSIP number 48131M201, as the old CUSIP number will cease to be eligible for trading. The Company's common stock will continue to be quoted on the Over-the-Counter Bulletin Board (OTCBB) under "JUHL".All common shareholders of record as of today are being mailed correspondence regarding the mandatory certificate exchange to the address of record for such shareholder on file with the Transfer Agent.