Page 11 of 19 – SEC Filing
| CUSIP No. 759525108 | 13D | Page 11 of 19 Pages |
Mr. D. Kyle Cerminara
is the Chief Executive Officer, Partner and Manager of Fundamental Global Investors, LLC and the Chief Executive Officer and Chairman
of the Board of Directors of BTN. Mr. Lewis M. Johnson is the President, Partner and Manager of Fundamental Global Investors, LLC.
Mr. Joseph H. Moglia is Chairman and Partner of Fundamental Global Investors, LLC. Messrs. Cerminara and Johnson are the Managers
of FGI Funds Management, LLC and Co-Chief Investment Officers of CWA. Messrs. Cerminara and Johnson are also members of the Board
of Directors of the Company.
Bill Beynon, Blaine
Ferguson, and Messrs. Cerminara and Johnson are managers of CWA. Each of these individuals is a U.S. citizen. Messrs. Beynon and
Ferguson are the co-founders of CWA, and their principal occupations are serving as managers of CWA. Their business address is
c/o CWA Asset Management Group, LLC, 9130 Galleria Court, Third Floor, Naples, Florida 34109.
BTN is a Delaware corporation,
with its principal executive offices located at 11422 Miracle Hills Drive, Suite 300, Omaha, Nebraska 68154. BTN is a holding company
with diverse business activities focused on serving the cinema, retail, financial and government markets. BTN and its subsidiaries
design, integrate, and install technology solutions for a broad range of applications; develop and deliver out-of-home messaging,
advertising and communications; manufacture projection screens; and provide managed services including monitoring of networked
equipment to its customers.
Information regarding
the identity and background of each executive officer and director of BTN is set forth on Schedule A to this Statement. Each of
the individuals identified on Schedule A to this Statement is a U.S. citizen.
None of the Reporting
Persons, any of their partners, managers, officers or other controlling persons or, to the Reporting Persons’ knowledge,
any individuals identified on Schedule A to this Statement has, during the last five years, been convicted in a criminal proceeding
(excluding traffic violations or similar misdemeanors).
None of the Reporting
Persons, any of their partners, managers, officers or other controlling persons or, to the Reporting Persons’ knowledge,
any individuals identified on Schedule A to this Statement has, during the last five years, been a party to a civil proceeding
of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment,
decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities
laws or finding any violation with respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration.
The total cost for
purchasing the Common Stock reported as owned by the Reporting Persons, including brokerage commissions, was approximately as follows:
FGPP, $2,387,899; FGPM, $2,479,649; FGHP, $5,023,775; FGGM, $501,064; BTN, $3,999,998; and Mr. Moglia, $1,458,942. The source of
these funds was working capital or personal funds, as applicable. The total cost for purchases by CWA’s customers reported
in this Amendment No. 9 was approximately $4,040,726. The source of funds for the shares of Common Stock acquired for the accounts
of CWA’s customers were funds of such customers. The shares of Common Stock reported as owned by FGHP were acquired as a
result of a contribution from FGPM.
Item 4. Purpose of Transaction.
None of the Reporting
Persons has any present plan or proposal that would result in any of the actions described in paragraphs (a) through (j) of Item
4 of Schedule 13D, except as may be proposed by Messrs. Cerminara and Johnson in their capacity as directors of the Company, or
by such board of directors with Messrs. Cerminara’s and Johnson’s participation. The Reporting Persons reserve the
right in the future to formulate any such plans or proposals, and to take any actions with respect to their investments in the
Company, including any or all of the actions described in paragraphs (a) through (j) of Item 4 of Schedule 13D.
