13D Filing: 210 Capital, LLC and Crossroads Systems Inc (CRSS)

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1

NAME OF REPORTING PERSON

210 Capital, LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) x

3

SEC USE ONLY

4

SOURCE OF FUNDS

WC

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)

¨

6

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER
OF SHARES
BENEFICIALLY
OWNED
BY EACH
REPORTING
PERSON WITH
7

SOLE VOTING POWER

– 0 –

8

SHARED VOTING POWER

1,492,285 (1)

9

SOLE DISPOSITIVE POWER

– 0 –

10

SHARED DISPOSITIVE POWER

1,492,285 (1)

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

1,492,285 (1)

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

49.5% (2)

14

TYPE OF REPORTING PERSON

OO

(1) 210/CRDS holds
directly 1,492,285 shares of common stock of the Issuer. 210/CRDS is managed by its sole member, 210 Capital, which is
managed by its members RHA Partners and CCW Holdings. Mr. Webb has the power to direct the affairs of CCW Holdings as its sole
member. In addition, RHA Partners is managed by its general partner RHA Investments, and Mr. Alpert has the power to direct the
affairs of RHA Investments as its President and sole shareholder. Accordingly, 210 Capital may be deemed to share voting and dispositive
power with 210/CRDS, RHA Partners, CCW Holdings, RHA Investments, Mr. Alpert and Mr. Webb over the shares of the Issuer’s
common stock that 210/CRDS holds.
(2) The percentage is calculated based upon 3,014,726 shares
of the Issuer’s common stock outstanding as of October 3, 2017 based on information from the Issuer.
3

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