13D Filing: JCP Investment Management and Tandy Leather Factory Inc (NASDAQ:TLF)

C.	JCP Holdings

(a)

JCP Holdings, as the general partner of JCP Partners, may be deemed the beneficial owner of the 673,773 Shares owned by JCP Partnership.

Percentage: Approximately 7.3%

(b)

1. Sole power to vote or direct vote: 673,773

2. Shared power to vote or direct vote: 0

3. Sole power to dispose or direct the disposition: 673,773

4. Shared power to dispose or direct the disposition: 0

(c)

JCP Holdings has not entered into any transactions in the Shares during the past 60 days. The transactions in the Shares on behalf of JCP Partnership during the past 60 days are set forth in Schedule A and are incorporated herein by reference.

D.	JCP Management

(a)

JCP Management, as the investment manager of JCP Partnership, may be deemed the beneficial owner of the 673,773 Shares owned by JCP Partnership.

Percentage: Approximately 7.3%

(b)

1. Sole power to vote or direct vote: 673,773

2. Shared power to vote or direct vote: 0

3. Sole power to dispose or direct the disposition: 673,773

4. Shared power to dispose or direct the disposition: 0

(c)

JCP Management has not entered into any transactions in the Shares during the past 60 days. The transactions in the Shares on behalf of JCP Partnership during the past 60 days are set forth in Schedule A and are incorporated herein by reference.

E.	Mr. Pappas

(a)

Mr. Pappas, as the managing member of JCP Management and sole member of JCP Holdings, may be deemed the beneficial owner of the 673,773 Shares owned by JCP Partnership.

Percentage: Approximately 7.3%

(b)

1. Sole power to vote or direct vote: 673,773

2. Shared power to vote or direct vote: 0

3. Sole power to dispose or direct the disposition: 673,773

4. Shared power to dispose or direct the disposition: 0

(c)

The transactions in the Shares by Mr. Pappas and on behalf of JCP Partnership during the past 60 days are set forth in Schedule A and are incorporated herein by reference.

13D Filing: JCP Investment Management and Tandy Leather Factory Inc (NASDAQ:TLF)

Published on March 28, 2017 at 2:07 pm by Insider Monkey Staff in Hedge Funds, News

Page 9 of 12 – SEC Filing

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