13G Filing: Moab Capital Partners and Netsol Technologies Inc (NASDAQ:NTWK)

Item 3.

If this statement is filed pursuant to Section 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

		/  /	Not Appliable
	(a)	/  /	Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o).
	(b)	/  /	Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).
	(c)	/  /	Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c).
	(d)	/  /	Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
	(e)	/ x /	Investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E).*
	(f)	/  /	Employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F).
	(g)	/ x /	Parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G).**
	(h)	/  /	Savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).
	(i)	/  /	Church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3).
	(j)	/  /	Non-U.S. institution in accordance with Section 240.13d-1(b)(1)(ii)(J).
	(k)	/  /	Group, in accordance with Section 240.13d-1(b)(1)(ii)(J).

* Each of Moab LLC
and MPI is an investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).

** Mr. Rothenberg
is a control person of Moab LLC in accordance with §240.13d-1(b)(1)(ii)(G).

Item 4.

Ownership.

All ownership information
reported in this Item 4 is as of the close of business on April 5, 2017.

Moab
LP

(a)

Amount beneficially owned:

615,200 Shares

(b)

Percent of class:

5.6% (based upon 10,993,054 Shares
outstanding, which is the total number of Shares outstanding as of February 10, 2017 as reported in the Issuer’s Quarterly
Report on Form 10-Q filed with the Securities and Exchange Commission on February 14, 2017)

(c)

Number of shares as to which such person has:

(i)

Sole power to vote or to direct the vote

615,200 Shares