<SEC-DOCUMENT>0001058854-18-000015.txt : 20180214
<SEC-HEADER>0001058854-18-000015.hdr.sgml : 20180214
<ACCEPTANCE-DATETIME>20180214151207
ACCESSION NUMBER:		0001058854-18-000015
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20180214
DATE AS OF CHANGE:		20180214

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Perma-Pipe International Holdings, Inc.
		CENTRAL INDEX KEY:			0000914122
		STANDARD INDUSTRIAL CLASSIFICATION:	INDUSTRIAL & COMMERCIAL FANS & BLOWERS & AIR PURIFYING EQUIP [3564]
		IRS NUMBER:				363922969
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0131

	FILING VALUES:
		FORM TYPE:		SC 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-43197
		FILM NUMBER:		18611524

	BUSINESS ADDRESS:	
		STREET 1:		6410 WEST HOWARD STREET
		CITY:			NILES
		STATE:			IL
		ZIP:			60714
		BUSINESS PHONE:		8479661000

	MAIL ADDRESS:	
		STREET 1:		6410 WEST HOWARD STREET
		CITY:			NILES
		STATE:			IL
		ZIP:			60714

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MFRI INC
		DATE OF NAME CHANGE:	19970402

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MIDWESCO FILTER RESOURCES INC
		DATE OF NAME CHANGE:	19970402

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CANNELL CAPITAL LLC
		CENTRAL INDEX KEY:			0001058854
		IRS NUMBER:				943366999
		STATE OF INCORPORATION:			WY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		245 MERIWETHER CIRCLE
		CITY:			ALTA
		STATE:			WY
		ZIP:			83414
		BUSINESS PHONE:		4158358300

	MAIL ADDRESS:	
		STREET 1:		245 MERIWETHER CIRCLE
		CITY:			ALTA
		STATE:			WY
		ZIP:			83414

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CANNELL J CARLO DBA CANNELL CAPITAL MGMT
		DATE OF NAME CHANGE:	19980330
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>ccllc_ppih_13g02142018.htm
<DESCRIPTION>SCHEDULE 13G
<TEXT>
<!DOCTYPE html>
<html>
<head>

</head>

<body>
<p style="MARGIN-TOP:30PX;MARGIN-BOTTOM:0PX" align="CENTER">
	<font style="FONT-FAMILY:TIMES NEW ROMAN" size="5">
		<b>
			SECURITIES AND EXCHANGE COMMISSION
		</b>
	</font>
</p>


<p style="MARGIN-TOP:0PX;MARGIN-BOTTOM:12PX" align="CENTER">
	<font style="FONT-FAMILY:TIMES NEW ROMAN" size="3">
		<b>
			Washington, D.C. 20549
		</b>
	</font>
</p>

<p style="margin-top: qw; margin-bottom: 0; text-align: center">
	<hr width="250" align="center"></hr>
</p>



<p style="MARGIN-TOP:16PX;MARGIN-BOTTOM:0PX" align="CENTER">
	<font style="FONT-FAMILY:TIMES NEW ROMAN" size="5">
		<b>
			SCHEDULE 13G
		</b>
	</font>
</p>

<p style="MARGIN-TOP:2PX;MARGIN-BOTTOM:12PX" align="CENTER">
	<font style="FONT-FAMILY:TIMES NEW ROMAN" size="3">
		<b>
			(Rule 13d-102)
		</b>
	</font>
</p>


<p style="font: 12pt Times New Roman, Times, Serif; MARGIN-TOP:0PX;MARGIN-BOTTOM:0PX" align="CENTER">
	<b>INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT</b>
</p>
<p style="font: 12pt Times New Roman, Times, Serif; MARGIN-TOP:0PX;MARGIN-BOTTOM:0PX" align="CENTER">
		<b>TO &sect;240.13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED</b>
</p>
<p style="font: 12pt Times New Roman, Times, Serif; MARGIN-TOP:0PX;MARGIN-BOTTOM:0PX" align="CENTER">
		<b>PURSUANT TO &sect;240.13d-2 </b>
</p>


<p style="MARGIN-TOP:0PX;MARGIN-BOTTOM:12PX" align="CENTER">
	<font style="FONT-FAMILY:TIMES NEW ROMAN" size="3">
		<b>
			(Amendment No.)
			<sup>1</sup>
		</b>
	</font>
</p>

<p style="margin-top: 0; margin-bottom: 0; text-align: center">
	<hr width="250" align="center"></hr>
</p>

<p style="font: 24pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">
	<b>Perma-Pipe International Holdings, Inc.</b>
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">
	<b>(Name of Issuer)</b>
</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin-top: 10; margin-bottom: 0; text-align: center">
	<b>Common Stock, par value $0.01 per share</b>
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">
	<b>(Title of Class of Securities)</b>
</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin-top: 16; margin-bottom: 0; text-align: center">
	<b>714167103</b>
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 16; text-align: center">
	<b>(CUSIP Number)</b>
</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">
	<b>December 31, 2017</b>
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 16; text-align: center">
	<b>(Date of Event Which Requires Filing of This Statement)</b>
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 16; text-align: center">
	<hr width="250" align="center"> </hr>
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 16; text-align: left">
	<b>Check the appropriate box to designate the rule pursuant to which this Schedule is filed:</b>
</p>


<p style="margin-top:12pt; margin-bottom:0pt; margin-left:8%; font-size:10pt; font-family:Times New Roman">
	 &#x2611; &nbsp;
	<b>Rule 13d-1(b)</b>
</p>

<p style="margin-top:12pt; margin-bottom:0pt; margin-left:8%; font-size:10pt; font-family:Times New Roman">
	&#x2610; &nbsp;
	<b>Rule 13d-1(c)</b>
</p>

<p style="margin-top:12pt; margin-bottom:0pt; margin-left:8%; font-size:10pt; font-family:Times New Roman">
	&#x2610; &nbsp;
	<b>Rule 13d-1(d)</b>
</p>


<p style="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0">
	 <sup>1</sup>&nbsp;&nbsp;
	 The remainder of this cover page shall be filled out for a reporting person&#8217;s initial filing on
	 this form with respect to the subject class of securities, and for any subsequent amendment
	 containing information which would alter disclosures provided in a prior cover page.
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top 0; margain-bottom 0">
	&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The information required on the remainder of this cover page shall not be deemed
	to be &ldquo;filed&rdquo; for the purpose of Section 18 of the Securities Exchange Act of 1934
	(&ldquo;<u>Act</u>&rdquo;) or otherwise subject to the liabilities of that section of the Act
	but shall be subject to all other provisions of the Act (however,&nbsp;<i>see</i> the <i>Notes</i>).
</p>




<!-- Field: Page; Sequence: 1 -->

<div style="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt">
	<table style="width: 100%; font: 10pt Times New Roman, Times, Serif" cellpadding="0"    cellspacing="0">
		<tr>
			<td style="text-align: center; width: 100%">
				&nbsp;
			</td>
		</tr>
	</table>
</div>
<!-- Field: /Page -->



<table width="100%" >
	<tr style="font: 10pt Times New Roman, Times, Serif;">
		<td><b> CUSIP No.714167103</b></td>
		<td align="right"><b> Page 2 of 7 Pages</b></td>
	</tr>
</table>




 <!--Main Table-->
<table style="width: 100%; border-collapse: collapse" cellpadding="0" cellspacing="0">

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td  style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
		1
	</td>
	<td colspan="3" style="border: black 1pt solid; padding-left: 6pt">
		<p style="margin: 4pt 0 2pt">NAMES OF REPORTING PERSONS</p>
        <p style="margin: 0 0 8pt">J. Carlo Cannell</p>
	</td>

</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td  style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
		2
	</td>
    <td colspan="3"  style="border: black 1pt solid; padding-left: 6pt">
        <p style="margin: 4pt 0 8pt">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</p>
        <p style="margin: 0 0 2pt">(a)&nbsp; &#x2610;</p>
		<p style="margin: 0 0 4pt">(b)&nbsp; &#x2610;</p>
	</td>
	<td></td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
		3
	</td>
    <td colspan="3"  style="border: black 1pt solid; padding-left: 6pt">
        <p style="margin: 4pt 0 4pt">SEC USE ONLY</p>
	</td>
	<td></td>
</tr>


<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td  style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
		4
	</td>
    <td colspan="3" style="border: black 1pt solid; padding-left: 6pt">
        <p style="margin: 4pt 0 2pt">CITIZENSHIP OR PLACE OF ORGANIZATION</p>
        <p style="margin: 0 0 4pt">USA</p>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td colspan="2" rowspan="4" style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center; vertical-align: center;">
		<p style="margin: 25pt 0 0pt">NUMBER OF SHARES</p>
        <p style="margin: 4pt 0 0pt">BENEFICIALLY OWNED BY</p>
		<p style="margin: 4pt 0 0pt">EACH REPORTING </p>
		<p style="margin: 4pt 0 0pt">PERSON WITH</p>
	</td>
	    <td style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
	5
	</td>
	<td style="border: black 1pt solid; padding-left: 6pt">
	    <p style="margin: 4pt 0 2pt">SOLE VOTING POWER</p>
        <p style="margin: 0 0 4pt">0</p>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
	6
	</td>
	<td style="border: black 1pt solid; padding-left: 6pt">
	    <p style="margin: 4pt 0 2pt">SHARED VOTING POWER</p>
        <p style="margin: 0 0 4pt">488,109</p>
	</td>
</tr>



<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
	7
	</td>
	<td style="border: black 1pt solid; padding-left: 6pt">
		<p style="margin: 4pt 0 2pt">SOLE DISPOSITIVE POWER</p>
        <p style="margin: 0 0 4pt">0</p>
	</td>
</tr>


<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
	8
	</td>
	<td style="border: black 1pt solid; padding-left: 6pt">
		<p style="margin: 4pt 0 2pt">SHARED DISPOSITIVE POWER</p>
        <p style="margin: 0 0 4pt">488,109</p>
	</td>
</tr>


<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td  style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
		9
	</td>
    <td colspan="3" style="border: black 1pt solid; padding-left: 6pt">
        <p style="margin: 4pt 0 2pt">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</p>
        <p style="margin: 0 0 4pt">488,109</p>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td  style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
		10
	</td>
    <td colspan="3" style="border: black 1pt solid; padding-left: 6pt">
        <p style="margin: 4pt 0 2pt"> 	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES  &#9744;</p>
        <p style="margin: 0 0 4pt">(see instructions)</p>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td  style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
		11
	</td>
    <td colspan="3" style="border: black 1pt solid; padding-left: 6pt">
        <p style="margin: 4pt 0 2pt">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11</p>
        <p style="margin: 0 0 4pt">6.3%</p>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td  style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
		12
	</td>
    <td colspan="3" style="border: black 1pt solid; padding-left: 6pt">
        <p style="margin: 4pt 0 2pt">TYPE OF REPORTING PERSON</p>
        <p style="margin: 0 0 4pt">HC</p>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td width="50px"   style="border-bottom: none; border-left: none; border-right: none">
	</td>
	<td width="70px"  style="border-bottom: none; border-left: none; border-right: none">
	</td>
	<td width="50px" style="border-bottom: none; border-left: none; border-right: none">
	</td>
	<td style="border-bottom: none; border-left: none; border-right: none">
	</td>
</tr>
</table>


<!-- Field: Page; Sequence: 1 -->

<div style="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt">
	<table style="width: 100%; font: 10pt Times New Roman, Times, Serif" cellpadding="0"    cellspacing="0">
		<tr>
			<td style="text-align: center; width: 100%">
				&nbsp;
			</td>
		</tr>
	</table>
</div>
<!-- Field: /Page -->



<table width="100%" >
	<tr style="font: 10pt Times New Roman, Times, Serif;">
		<td><b> CUSIP No.714167103</b></td>
		<td align="right"><b> Page 3 of 7 Pages</b></td>
	</tr>
</table>


 <!--Main Table-->
<table style="width: 100%; border-collapse: collapse" cellpadding="0" cellspacing="0">

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td  style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
		1
	</td>
	<td colspan="3" style="border: black 1pt solid; padding-left: 6pt">
		<p style="margin: 4pt 0 2pt">NAMES OF REPORTING PERSONS</p>
        <p style="margin: 0 0 8pt">I.R.S. Identification Nos. of Above Persons (Entities Only)</p>
        <p style="margin: 0 0 8pt">Cannell Capital LLC</p>
        <p style="margin: 0 0 8pt">94-3366999</p>
	</td>

</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td  style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
		2
	</td>
    <td colspan="3"  style="border: black 1pt solid; padding-left: 6pt">
        <p style="margin: 4pt 0 8pt">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</p>
        <p style="margin: 0 0 2pt">(a)&nbsp; &#x2610;</p>
		<p style="margin: 0 0 4pt">(b)&nbsp; &#x2610;</p>
	</td>
	<td></td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
		3
	</td>
    <td colspan="3"  style="border: black 1pt solid; padding-left: 6pt">
        <p style="margin: 4pt 0 4pt">SEC USE ONLY</p>
	</td>
	<td></td>
</tr>


<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td  style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
		4
	</td>
    <td colspan="3" style="border: black 1pt solid; padding-left: 6pt">
        <p style="margin: 4pt 0 2pt">CITIZENSHIP OR PLACE OF ORGANIZATION</p>
        <p style="margin: 0 0 4pt">Wyoming, USA</p>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td colspan="2" rowspan="4" style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center; vertical-align: center;">
		<p style="margin: 25pt 0 0pt">NUMBER OF SHARES</p>
        <p style="margin: 4pt 0 0pt">BENEFICIALLY OWNED BY</p>
		<p style="margin: 4pt 0 0pt">EACH REPORTING </p>
		<p style="margin: 4pt 0 0pt">PERSON WITH</p>
	</td>
	    <td style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
	5
	</td>
	<td style="border: black 1pt solid; padding-left: 6pt">
	    <p style="margin: 4pt 0 2pt">SOLE VOTING POWER</p>
        <p style="margin: 0 0 4pt">0</p>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
	6
	</td>
	<td style="border: black 1pt solid; padding-left: 6pt">
	    <p style="margin: 4pt 0 2pt">SHARED VOTING POWER</p>
        <p style="margin: 0 0 4pt">488,109</p>
	</td>
</tr>



<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
	7
	</td>
	<td style="border: black 1pt solid; padding-left: 6pt">
		<p style="margin: 4pt 0 2pt">SOLE DISPOSITIVE POWER</p>
        <p style="margin: 0 0 4pt">0</p>
	</td>
</tr>


<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
	8
	</td>
	<td style="border: black 1pt solid; padding-left: 6pt">
		<p style="margin: 4pt 0 2pt">SHARED DISPOSITIVE POWER</p>
        <p style="margin: 0 0 4pt">488,109</p>
	</td>
</tr>


<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td  style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
		9
	</td>
    <td colspan="3" style="border: black 1pt solid; padding-left: 6pt">
        <p style="margin: 4pt 0 2pt">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</p>
        <p style="margin: 0 0 4pt">488,109</p>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td  style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
		10
	</td>
    <td colspan="3" style="border: black 1pt solid; padding-left: 6pt">
        <p style="margin: 4pt 0 2pt"> 	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES  &#9744;</p>
        <p style="margin: 0 0 4pt">(see instructions)</p>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td  style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
		11
	</td>
    <td colspan="3" style="border: black 1pt solid; padding-left: 6pt">
        <p style="margin: 4pt 0 2pt">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11</p>
        <p style="margin: 0 0 4pt">6.3%</p>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td  style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
		12
	</td>
    <td colspan="3" style="border: black 1pt solid; padding-left: 6pt">
        <p style="margin: 4pt 0 2pt">TYPE OF REPORTING PERSON</p>
        <p style="margin: 0 0 4pt">IA</p>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td width="50px"   style="border-bottom: none; border-left: none; border-right: none">
	</td>
	<td width="70px"  style="border-bottom: none; border-left: none; border-right: none">
	</td>
	<td width="50px" style="border-bottom: none; border-left: none; border-right: none">
	</td>
	<td style="border-bottom: none; border-left: none; border-right: none">
	</td>
</tr>
</table>


<div style="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt">
	<table style="width: 100%; font: 10pt Times New Roman, Times, Serif" cellpadding="0"    cellspacing="0">
		<tr>
			<td style="text-align: center; width: 100%">
				&nbsp;
			</td>
		</tr>
	</table>
</div>
<!-- Field: /Page -->



<table width="100%" >
	<tr style="font: 10pt Times New Roman, Times, Serif;">
		<td><b> CUSIP No.714167103</b></td>
		<td align="right"><b> Page 4 of 7 Pages</b></td>
	</tr>
</table>



<!-- Items 1... 9+ --->

<table style="width: 100%;border: black 1pt solid; border-collapse: collapse" cellpadding="0" cellspacing="0">

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<th style="border: solid black 1pt; width: 50px"></th>
	<th style="border: solid black 1pt; width: 15px"></th>
	<th style="border: solid black 1pt; width: 20px"></th>
	<th style="border: solid black 1pt; width: 25px"></th>
	<th></th>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td colspan="5" style="border: black 1pt solid; margin 0 0 6 0">
		<b>Item 1.</b>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td >
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left">
			<b>a)</b>
		</p>
	</td>
	<td colspan="3">
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left">
			<b>Name of Issuer</b>
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left">Perma-Pipe International Holdings, Inc.</p>
		<p></p>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left">
			<b>b)</b>
		</p>
	</td>
	<td colspan="3">
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left">
			<b>Address of issuer's principal executive offices:</b>
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left">
			6410 W. Howard Street
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left">
			Niles, IL 60714
		</p>
		<p></p>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td colspan="5" style="border: black 1pt solid;">
		<b>Item 2.</b>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left">
			<b>a)</b>
		</p>
	</td>
	<td colspan="3">
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left">
			<b>Name of person filing:</b>
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left">
			Cannell Capital LLC
		</p>
		<p></p>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left">
			<b>b)</b>
		</p>
	</td>
	<td colspan="3">
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left">
			<b>Address or principal business office or, if none, residence:</b>
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left">
			245 Meriwether Circle
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left">
			Alta, WY 83414
		</p>
		<p></p>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left">
			<b>c)</b>
		</p>
	</td>
	<td colspan="3">
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left">
			<b>Citizenship:</b>
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left">
			Wyoming, USA
		</p>
		<p></p>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left">
			<b>d)</b>
		</p>
	</td>
	<td colspan="3">
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left">
			<b>Title of class of securities:</b>
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left">
			Common Stock
		</p>
		<p></p>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left">
			<b>e)</b>
		</p>
	</td>
	<td colspan="3">
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left">
			<b>CUSIP No.:</b>
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left">
			714167103
		</p>
		<p></p>
	</td>
</tr>




<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td colspan="5" style="border: black 1pt solid;">
		<b>Item 3.</b>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
	</td>
	<td colspan="3">
		<b>If this statement is filed pursuant to &sect;240.13d-1(b) or &sect;240.13d-2(b) or (c), check whether the person filing is a:</b>
	</td>
</tr>


<tr style="vertical-align:top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
	</td>
	<td style="text-align:center;">
	<p style=" margin: 2px 0 10px 0">(a)</p>
	</td>
	<td style="text-align: center">
	&#x2610;
	</td>
	<td style="text-align: top;">
	 <p style=" margin: 2px 0 10px 0">Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).</p>
	</td>
</tr>


<tr style="vertical-align:top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
	</td>
	<td style="text-align:center;">
	<p style=" margin: 2px 0 10px 0">(b)</p>
	</td>
	<td style="text-align: center">
	&#x2610;
	</td>
	<td style="text-align: top;">
	 <p style=" margin: 2px 0 10px 0">Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).</p>
	</td>
</tr>

<tr style="vertical-align:top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
	</td>
	<td style="text-align:center;">
	<p style=" margin: 2px 0 10px 0">(c)</p>
	</td>
	<td style="text-align: center">
	&#x2610;
	</td>
	<td style="text-align: top;">
	 <p style=" margin: 2px 0 10px 0">Insurance company as defined in section 3(a)(19) of the Act(15 U.S.C. 78c).</p>
	</td>
</tr>

<tr style="vertical-align:top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
	</td>
	<td style="text-align:center;">
	<p style=" margin: 2px 0 10px 0">(d)</p>
	</td>
	<td style="text-align: center">
	&#x2610;
	</td>
	<td style="text-align: top;">
	 <p style=" margin: 2px 0 10px 0">An Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).</p>
	</td>
</tr>

<tr style="vertical-align:top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
	</td>
	<td style="text-align:center;">
	<p style=" margin: 2px 0 10px 0">(e)</p>
	</td>
	<td style="text-align: center">
	&#x2611;
	</td>
	<td style="text-align: top;">
	 <p style=" margin: 2px 0 10px 0">An investment adviser in accordance with Section &sect;240.13d-1(b)(1)(ii)(E).</p>
	</td>
</tr>


<tr style="vertical-align:top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
	</td>
	<td style="text-align:center;">
	<p style=" margin: 2px 0 10px 0">(f)</p>
	</td>
	<td style="text-align: center">
	&#x2610;
	</td>
	<td style="text-align: top;">
	 <p style=" margin: 2px 0 10px 0">An Employee benefit plan or endowment fund in accordance with Section &sect;240.13d-1(b)(1)(ii)(F).</p>
	</td>
</tr>

<tr style="vertical-align:top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
	</td>
	<td style="text-align:center;">
	<p style=" margin: 2px 0 10px 0">(g)</p>
	</td>
	<td style="text-align: center">
	&#x2610;
	</td>
	<td style="text-align: top;">
	 <p style=" margin: 2px 0 10px 0">A Parent holding company or control person in accordance with Section &sect;240.13d-1(b)(1)(ii)(G).</p>
	</td>
</tr>

<tr style="vertical-align:top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
	</td>
	<td style="text-align:center;">
	<p style=" margin: 2px 0 10px 0">(h)</p>
	</td>
	<td style="text-align: center">
	&#x2610;
	</td>
	<td style="text-align: top;">
	 <p style=" margin: 2px 0 10px 0">A Savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).</p>
	</td>
</tr>


<tr style="vertical-align:top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
	</td>
	<td style="text-align:center;">
	<p style=" margin: 2px 0 10px 0">(i)</p>
	</td>
	<td style="text-align: center">
	&#x2610;
	</td>
	<td style="text-align: top;">
	 <p style=" margin: 2px 0 10px 0">A 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).</p>
	</td>
</tr>

<tr style="vertical-align:top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
	</td>
	<td style="text-align:center;">
	<p style=" margin: 2px 0 10px 0">(j)</p>
	</td>
	<td style="text-align: center">
	&#x2610;
	</td>
	<td style="text-align: top;">
	 <p style=" margin: 2px 0 10px 0">A non-U.S. institution in accordance with Section &sect;240.13d-1(b)(1)(ii)(J).</p>
	</td>
</tr>

<tr style="vertical-align:top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
	</td>
	<td style=" text-align:center;">
	<p style=" margin: 2px 0 10px 0">(k)</p>
	</td>
	<td style=" text-align: center">
	&#x2610;
	</td>
	<td style="text-align: top;">
	 <p style=" margin: 2px 0 10px 0">Group, in accordance with Section &sect;240.13d-1(b)(1)(ii)(J).</p>
	</td>
</tr>

</table>


<div style="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt">
	<table style="width: 100%; font: 10pt Times New Roman, Times, Serif" cellpadding="0"    cellspacing="0">
		<tr>
			<td style="text-align: center; width: 100%">
				&nbsp;
			</td>
		</tr>
	</table>
</div>
<!-- Field: /Page -->



<table width="100%" >
	<tr style="font: 10pt Times New Roman, Times, Serif;">
		<td><b> CUSIP No.714167103</b></td>
		<td align="right"><b> Page 5 of 7 Pages</b></td>
	</tr>
</table>




<table style="width: 100%;border: black 1pt solid; border-collapse: collapse" cellpadding="0" cellspacing="0">

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<th style="border: solid black 1pt; width: 50px"></th>
	<th style="border: solid black 1pt; width: 15px"></th>
	<th style="border: solid black 1pt; width: 20px"></th>
	<th style="border: solid black 1pt; width: 25px"></th>
	<th></th>
</tr>

<tr style="border-top: solid 1pt black; border-bottom: solid 1pt black; vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td>
		<b>Item 4.</b>
	</td>
	<td></td>
	<td colspan="3">
		<b>Ownership</b>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
	</td>
	<td colspan="3">
		<b>
			Provide the following information regarding the aggregate number and
			percentage of the class of securities of the issuer identified in Item 1.
		</b>
	</td>
</tr>

<tr style="vertical-align:top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
	</td>
	<td style="text-align:center;">
		<p style=" margin: 2px 0 10px 0">(a)</p>
	</td>
	<td colspan="2" style="text-align: left">
		<p style=" margin: 2px 0 5px 5px">Amount beneficially owned: 488,109.</p>
	</td>
</tr>

<tr style="vertical-align:top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
	</td>
	<td style="text-align:center;">
		<p style=" margin: 2px 0 10px 0">(b)</p>
	</td>
	<td colspan="2" style="text-align: left">
		<p style=" margin: 2px 0 5px 5px"> Percent of class: 6.3%.</p>
	</td>
</tr>

<tr style="vertical-align:top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
	</td>
	<td style="text-align:center;">
		<p style=" margin: 2px 0 10px 0">(c)</p>
	</td>
	<td colspan="2" style="text-align: left">
		<p style=" margin: 2px 0 0 5px"> Number of shares as to which the person has:</p>
	</td>
</tr>

<tr style="vertical-align:top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
	</td>
	<td style="text-align:center;"></td>
	<td  style="text-align: left">(i)</td>
	<td>Sole power to vote or to direct the vote 0.</td>
</tr>

<tr style="vertical-align:top; font: 10pt Times New Roman, Times, Serif;">
	<td></td>
	<td></td>
	<td style="text-align:center;"></td>
	<td  style="text-align: left">(ii)</td>
	<td>Shared power to vote or to direct the vote 488,109.</td>

</tr>

<tr style="vertical-align:top; font: 10pt Times New Roman, Times, Serif;">
	<td></td>
	<td></td>
	<td style="text-align:center;"></td>
	<td  style="text-align: left">(iii)</td>
	<td>Sole power to dispose or to direct the disposition of 0.</td>
</tr>

<tr style="vertical-align:top; font: 10pt Times New Roman, Times, Serif;">
	<td></td>
	<td></td>
	<td style="text-align:center;"></td>
	<td  style="text-align: left">(iv)</td>
	<td>Shared power to dispose or to direct the disposition of 488,109.
			Instruction. For computations regarding securities which represent a right
			to acquire an underlying security see &sect;240.13d-3(d)(1).
	<p></p>
	</td>
</tr>



<tr style="border-top: solid 1pt black; border-bottom: solid 1pt black; vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td>
		<b>Item 5.</b>
	</td>
	<td></td>
	<td colspan="3">
		<b>Ownership of 5 Percent or Less of a Class. </b>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td></td>
	<td></td>
	<td colspan="3" style="text-align:top; " >Not Applicable.
		<p></p>
	</td>
</tr>




<tr style="border-top: solid 1pt black; border-bottom: solid 1pt black; vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td>
		<b>Item 6.</b>
	</td>
	<td></td>
	<td colspan="3">
		<b>Ownership of More than Five Percent on Behalf of Another Person. </b>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td></td>
	<td></td>
	<td colspan="3" style="text-align:top; " >Not Applicable.
		<p></p>
	</td>
</tr>

<tr style="border-top: solid 1pt black; border-bottom: solid 1pt black; vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td>
		<b>Item 7.</b>
	</td>
	<td></td>
	<td colspan="3">
		<b>Identification and Classification of the Subsidiary Which Acquired
			the Security Being Reported on by the Parent Holding Company or Control Person. </b>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td></td>
	<td></td>
	<td colspan="3" style="text-align:top; " >Not Applicable.
	<p></p>
	</td>
</tr>

<tr style="border-top: solid 1pt black; border-bottom: solid 1pt black; vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td>
		<b>Item 8.</b>
	</td>
	<td></td>
	<td colspan="3">
		<b>Identification and Classification of Members of the Group.</b>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td></td>
		<td></td>
	<td colspan="3" style="text-align:top; " >Not Applicable.
		<p></p>
	</td>
</tr>

<tr style="vertical-align:top; border-top: solid 1pt black; border-bottom: solid 1pt black;font: 10pt Times New Roman, Times, Serif; margin: 12px 12px 12px 12px;">
	<td>
		<b>Item 9.</b>
	</td></td>
	<td></td>
	<td colspan="3">
		<b>Notice of Dissolution of Group.</b>
	</td>
</tr>

<tr style="font: 10pt Times New Roman, Times, Serif;">
	<td></td>
	<td></td>
	<td colspan="3">
		Not Applicable.
		<p></p>
	</td>
</tr>

<tr style="border-top: solid 1pt black; border-bottom: solid 1pt black; vertical-align: top; font: 10pt Times New Roman, Times, Serif; margin 10px 10px 10x 10px;">
	<td>
		<b>Item 10.</b>
	</td>
	<td></td>
	<td colspan="3">
		<b>Certifications.</b>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td></td>
	<td></td>
	<td colspan="3" style="text-align:top; " >Not Applicable.
		<p></p>
	</td>
</tr>

</table>


<div style="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt">
	<table style="width: 100%; font: 10pt Times New Roman, Times, Serif" cellpadding="0"    cellspacing="0">
		<tr>
			<td style="text-align: center; width: 100%">
				&nbsp;
			</td>
		</tr>
	</table>
</div>
<!-- Field: /Page -->



<table width="100%" >
	<tr style="font: 10pt Times New Roman, Times, Serif;">
		<td><b> CUSIP No.714167103</b></td>
		<td align="right"><b> Page 6 of 7 Pages</b></td>
	</tr>
</table>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align:left">
	By signing below I certify that, to the best of my knowledge and belief, the
	securities referred to above were acquired and are held in the ordinary course
	of business and were not acquired and are not held for the purpose of or with
	the effect of changing or influencing the control of the issuer of the
	securities and were not acquired and are not held in connection with or as a
	participant in any transaction having that purpose or effect.
</p>



<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align:center">
	SIGNATURE
</p>


<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align:left">
	After reasonable inquiry and to the best of my knowledge and belief, I certify
	that the information set forth in this statement is true, complete and correct.
</p>


<table width="100%" >
	<tr style="font: 10pt Times New Roman, Times, Serif;">
		<td></td>
		<td width="50%" align="left" >
			<p style="font:  10pt Times New Roman, Times, Serif; margin: 0 0 0pt">
				<u>02/14/2018 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
			</p>
			<p style="font:  10pt Times New Roman, Times, Serif; margin: 0 0 12pt">
			Date &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
			</p>
		</td>
	</tr>
	<tr style="font: 10pt Times New Roman, Times, Serif;">
		<td></td>
		<td width="50%" align="left" >

			<p style="font:  10pt Times New Roman, Times, Serif; margin: 0 0 6pt">
				<u>By:&nbsp;&nbsp;/s/ J. Carlo Cannell&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
			</p>
						<p style="font:  10pt Times New Roman, Times, Serif; margin: 0 0 0pt">
				Name:&nbsp;&nbsp;J. Carlo Cannell
			</p>

		</td>
	</tr>
</table>

<table width="100%" >
	<tr style="font: 10pt Times New Roman, Times, Serif;">
		<td></td>
		<td width="50%" align="left" >
			<p></p>
			<p style="font:  10pt Times New Roman, Times, Serif; margin: 0 0 6pt">
				<b>Cannell Capital LLC</b>
			</p>
			<p style="font:  10pt Times New Roman, Times, Serif; margin: 0 0 6pt">
				<u>By:&nbsp;&nbsp;/s/ J. Carlo Cannell&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
			</p>
						<p style="font:  10pt Times New Roman, Times, Serif; margin: 0 0 0pt">
				Name:&nbsp;&nbsp;J. Carlo Cannell
			</p>
						<p style="font:  10pt Times New Roman, Times, Serif; margin: 0 0 12pt">
				Title:&nbsp;&nbsp;Managing Member
			</p>
		</td>
	</tr>
</table>



<div style="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt">
	<table style="width: 100%; font: 10pt Times New Roman, Times, Serif" cellpadding="0"    cellspacing="0">
		<tr>
			<td style="text-align: center; width: 100%">
				&nbsp;
			</td>
		</tr>
	</table>
</div>
<!-- Field: /Page -->



<table width="100%" >
	<tr style="font: 10pt Times New Roman, Times, Serif;">
		<td><b> CUSIP No.714167103</b></td>
		<td align="right"><b> Page 7 of 7 Pages</b></td>
	</tr>
</table>


<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align:center">
	Exhibit A
</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align:center">
	Agreement Regarding the Joint Filing of Schedule 13G
</p>


<table>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td colspan="5">
	<b>The undersigned hereby agree as follows:</b>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
	1)
	</td>
	<td colspan="3">
	Each of them is individually eligible to use the Schedule 13G to which this
	Exhibit is attached, and such Schedule 13G is filed on behalf each of them;
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
	2)
	</td>
	<td colspan="3">
	Each of them is responsible for the timely filing of such Schedule 13G and
	any amendments thereto, and for the completeness and accuracy of the
	information concerning such person contained therein; but none of them is
	responsible for the completeness or accuracy of the information concerning the
	other persons making the filing, unless such person knows or has reason to
	believe that such information is inaccurate.
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td width="55pt">
	</td>
	<td width="15pt">
	</td>
	<td width="20pt">
	</td>
	<td width="25pt">
	</td>
	<td>
	</td>
</tr>

</table>

<table width="100%" >
	<tr style="font: 10pt Times New Roman, Times, Serif;">
		<td></td>
		<td width="50%" align="left" >

			<p style="font:  10pt Times New Roman, Times, Serif; margin: 0 0 6pt">
				<u>By:&nbsp;&nbsp;/s/ J. Carlo Cannell&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
			</p>
						<p style="font:  10pt Times New Roman, Times, Serif; margin: 0 0 0pt">
				Name:&nbsp;&nbsp;J. Carlo Cannell
			</p>

		</td>
	</tr>
</table>

<table width="100%" >
	<tr style="font: 10pt Times New Roman, Times, Serif;">
		<td></td>
		<td width="50%" align="left" >
			<p></p>
			<p style="font:  10pt Times New Roman, Times, Serif; margin: 0 0 6pt">
				<b>Cannell Capital LLC</b>
			</p>
			<p style="font:  10pt Times New Roman, Times, Serif; margin: 0 0 6pt">
				<u>By:&nbsp;&nbsp;/s/ J. Carlo Cannell&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
			</p>
						<p style="font:  10pt Times New Roman, Times, Serif; margin: 0 0 0pt">
				Name:&nbsp;&nbsp;J. Carlo Cannell
			</p>
						<p style="font:  10pt Times New Roman, Times, Serif; margin: 0 0 12pt">
				Title:&nbsp;&nbsp;Managing Member
			</p>
		</td>
	</tr>
</table>




</body>

</html>


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
