Today, we are actively building a complete drilling equipment line for oilfield service contractors, drilling contractors, and rig manufacturers around the world. We're partnering with forward-thinking companies that operate both onshore and offshore, and we're investing in the innovations that will make the future brighter for all of us, developing new products and ways of doing things that are faster, better, more efficient, and more cost-effective. We operate in an ever-changing economic and industrial environment. Our strong balance sheet positions us to reach our long-term goal of achieving significant growth by broadening our global reach of products, continuing to lead the market, engaging in ongoing technological innovation, and focusing on efficient operations. We look forward to the future and are excited to experience the journey with our customers and other stakeholders. As the global energy industry evolves, so will McCoy, meeting new needs with the same attention to quality Henry gave to shoeing horses—one of the most important industries of the time. The Company operates internationally through direct sales and distributors, with operations in Canada, the United States of America, the United Kingdom, Singapore and the United Arab Emirates. McCoy's corporate headquarters are located in Edmonton, Alberta, Canada.distr