On September 9, 2020, Robert T. Warrender, II was elected to the Acquired Sales Corp.'s Board of Directors. Mr. Warrender replaced director Thomas W. Hines who was not re-elected to the Board. Mr. Hines was a member of the Company's Nominating, Audit and Investment Committees and will no longer serve in those roles. Robert T. Warrender, II, age 68, is the owner and founder of American Process Equipment Inc. in Zion, IL.