<SEC-DOCUMENT>0001251109-18-000016.txt : 20180213
<SEC-HEADER>0001251109-18-000016.hdr.sgml : 20180213
<ACCEPTANCE-DATETIME>20180213134751
ACCESSION NUMBER:		0001251109-18-000016
CONFORMED SUBMISSION TYPE:	SC 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20180213
DATE AS OF CHANGE:		20180213

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VIRCO MFG CORPORATION
		CENTRAL INDEX KEY:			0000751365
		STANDARD INDUSTRIAL CLASSIFICATION:	PUBLIC BUILDING AND RELATED FURNITURE [2531]
		IRS NUMBER:				951613718
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0131

	FILING VALUES:
		FORM TYPE:		SC 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-38401
		FILM NUMBER:		18601897

	BUSINESS ADDRESS:	
		STREET 1:		2027 HARPERS WAY
		CITY:			TORRANCE
		STATE:			CA
		ZIP:			90501
		BUSINESS PHONE:		3105330474

	MAIL ADDRESS:	
		STREET 1:		P O BOX 44846
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90044

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Minerva Advisors LLC
		CENTRAL INDEX KEY:			0001541536
		IRS NUMBER:				753088079

	FILING VALUES:
		FORM TYPE:		SC 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		50 MONUMENT ROAD
		STREET 2:		SUITE 201
		CITY:			BALA CYNWYD
		STATE:			PA
		ZIP:			19004
		BUSINESS PHONE:		(484) 434-2258

	MAIL ADDRESS:	
		STREET 1:		50 MONUMENT ROAD
		STREET 2:		SUITE 201
		CITY:			BALA CYNWYD
		STATE:			PA
		ZIP:			19004
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<FILENAME>vircomfgcorpsc13ga6htm.htm
<DESCRIPTION>VIRCO 13G A6 MINERVA
<TEXT>
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<P style="FONT-SIZE: 14pt" align=center><B>UNITED STATES<BR>SECURITIES AND

EXCHANGE COMMISSION</B>

<DIV style="FONT-SIZE: 12pt" align=center><B>Washington, D.C. 20549</B> </DIV>

<P style="FONT-SIZE: 18pt" align=center><B>SCHEDULE 13G</B>

<DIV style="FONT-SIZE: 10pt" align=center></DIV>

<P style="FONT-SIZE: 12pt" align=center><B>Under the Securities Exchange Act of

1934<BR>

(Amendment No. 6)*</B> </P>

<DIV

style="BORDER-BOTTOM: #000000 1px solid; MARGIN-TOP: 16pt; WIDTH: 100%; FONT-SIZE: 24pt"

align=center><STRONG>VIRCO MFG. CORPORATION </STRONG></DIV>

<DIV

style="BORDER-BOTTOM: #000000 1px solid; MARGIN-TOP: 16pt; WIDTH: 100%; FONT-SIZE: 12pt"

align=center><STRONG>Common Stock $.01 par value </STRONG></DIV>

<DIV style="FONT-SIZE: 10pt" align=center>(Title of Class of Securities)</DIV>

<DIV

style="BORDER-BOTTOM: #000000 1px solid; MARGIN-TOP: 16pt; WIDTH: 100%; FONT-SIZE: 12pt"

align=center><STRONG>927651109</STRONG></DIV>

<DIV style="FONT-SIZE: 10pt" align=center>(CUSIP Number)</DIV>

<DIV

style="BORDER-BOTTOM: #000000 1px solid; MARGIN-TOP: 16pt; WIDTH: 100%; FONT-SIZE: 12pt"

align=center><STRONG>December 31, 2017</STRONG></DIV>

<DIV style="FONT-SIZE: 10pt" align=center>(Date of Event Which Requires Filing

of this Statement)</DIV>

<P style="FONT-SIZE: 10pt" align=left>Check the appropriate box to designate the

rule pursuant to which this Schedule is filed:

<P style="FONT-SIZE: 10pt" align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[ &nbsp;]

&nbsp;Rule 13d-1(b)

<P style="FONT-SIZE: 10pt" align=left>&nbsp;&nbsp;&nbsp;&nbsp;

[<STRONG>X</STRONG>] &nbsp;&nbsp;Rule 13d-1(c)

<P style="FONT-SIZE: 10pt" align=left>&nbsp;&nbsp;&nbsp;&nbsp; [ &nbsp;]

&nbsp;&nbsp;Rule 13d-1(d)

<P style="FONT-SIZE: 10pt" align=left> *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

<P style="FONT-SIZE: 10pt" align=left> The information required in the remainder of this cover page shall not be deemed to be &quot;filed&quot; for the purpose of Section 18 of the Securities Exchange Act of 1934 (&quot;Act&quot;) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

<P style="FONT-SIZE: 10pt" align=left><B>Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.</B> </P>

<DIV

style="BORDER-BOTTOM: black 1pt solid; MARGIN-TOP: 10pt; WIDTH: 100%; FONT-SIZE: 1pt"></DIV>

<DIV style="BORDER-BOTTOM: black 2pt solid; WIDTH: 100%; FONT-SIZE: 1pt"></DIV>

<P style="FONT-SIZE: 10pt" align=center></P></DIV><!-- PAGEBREAK -->

<H5 style="PAGE-BREAK-BEFORE: always" align=left>&nbsp;</H5>

<DIV style="FONT-FAMILY: 'Times New Roman',Times,serif">

<DIV align=center>

<TABLE style="FONT-SIZE: 10pt" border=0 cellSpacing=0 cellPadding=0

width="100%"><!-- Begin Table Head -->



  <TR vAlign=bottom>

    <TD width="1%">&nbsp;</TD>

    <TD width="1%">&nbsp;</TD>

    <TD width="20%">&nbsp;</TD>

    <TD width="55%">&nbsp;</TD>

    <TD width="1%">&nbsp;</TD>

    <TD width="1%">&nbsp;</TD>

    <TD width="9%">&nbsp;</TD>

    <TD width="1%">&nbsp;</TD>

    <TD width="1%">&nbsp;</TD>

    <TD width="1%">&nbsp;</TD>

    <TD width="9%">&nbsp;</TD></TR><!-- End Table Head --><!-- Begin Table Body -->

  <TR vAlign=bottom>

    <TD vAlign=top noWrap>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">CUSIP No.</DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=middle>

      <DIV

      style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-RIGHT: #000000 1px solid">927651109</DIV></TD></TR><!-- End Table Body --></TABLE></DIV>

<P></P>

<DIV

style="BORDER-BOTTOM: black 1px solid; BORDER-LEFT: black 1px solid; WIDTH: 100%; BORDER-TOP: black 1px solid; BORDER-RIGHT: black 1px solid">

<DIV align=center>

<TABLE style="FONT-SIZE: 10pt" border=0 cellSpacing=0 borderColor=#000000

cellPadding=1 width="100%"><!-- Begin Table Head -->



  <TR style="FONT-SIZE: 1px">

    <TD width="5%">&nbsp;</TD>

    <TD style="BORDER-LEFT: #000000 1px solid" width="1%">&nbsp;</TD>

    <TD width="5%">&nbsp;</TD>

    <TD width="5%">&nbsp;</TD>

    <TD width="1%">&nbsp;</TD>

    <TD width="83%">&nbsp;</TD></TR><!-- End Table Head --><!-- Begin Table Body -->

  <TR vAlign=bottom>

    <TD vAlign=center borderColor=#000000 rowSpan=4 align=middle><FONT

      style="FONT-SIZE: 18pt"><B>1</B></FONT></TD>

    <TD style="BORDER-LEFT: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 colSpan=4 align=left><STRONG>NAMES OF REPORTING

      PERSONS:</STRONG></TD></TR>

  <TR vAlign=bottom>

    <TD style="BORDER-LEFT: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 colSpan=4 align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD style="BORDER-LEFT: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 colSpan=4 align=left>Minerva Advisors

      LLC<BR>Minerva Group, LP<BR>Minerva GP, LP <BR>Minerva GP, Inc. <BR>David

      P. Cohen</TD></TR>

  <TR vAlign=bottom>

    <TD style="BORDER-LEFT: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 colSpan=4 align=left></TD></TR>

  <TR style="FONT-SIZE: 1px">

    <TD style="BORDER-TOP: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD style="BORDER-LEFT: #000000 1px solid; BORDER-TOP: #000000 1px solid"

    borderColor=#000000>&nbsp;</TD>

    <TD style="BORDER-TOP: #000000 1px solid" borderColor=#000000 colSpan=4

    align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=center borderColor=#000000 rowSpan=4 align=middle><FONT

      style="FONT-SIZE: 18pt"><B>2</B></FONT></TD>

    <TD style="BORDER-LEFT: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 colSpan=4 align=left><STRONG>CHECK THE APPROPRIATE

      BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):<BR><BR></STRONG></TD></TR>

  <TR vAlign=bottom>

    <TD style="BORDER-LEFT: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 colSpan=4 align=left>(a)&nbsp;&nbsp;&nbsp;<STRONG>

      [ &nbsp;&nbsp;] </STRONG></TD></TR>

  <TR vAlign=bottom>

    <TD style="BORDER-LEFT: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 colSpan=4

      align=left>(b)&nbsp;&nbsp;&nbsp;<STRONG><FONT size=2> [

      &nbsp;&nbsp;]</FONT></STRONG></TD></TR>

  <TR vAlign=bottom>

    <TD style="BORDER-LEFT: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 colSpan=4 align=left>&nbsp;</TD></TR>

  <TR style="FONT-SIZE: 1px">

    <TD style="BORDER-TOP: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD style="BORDER-LEFT: #000000 1px solid; BORDER-TOP: #000000 1px solid"

    borderColor=#000000>&nbsp;</TD>

    <TD style="BORDER-TOP: #000000 1px solid" borderColor=#000000 colSpan=4

    align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=center borderColor=#000000 rowSpan=3 align=middle><FONT

      style="FONT-SIZE: 18pt"><B>3</B></FONT></TD>

    <TD style="BORDER-LEFT: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD bgColor=#cccccc borderColor=#000000 colSpan=4 align=left><STRONG>SEC

      USE ONLY:</STRONG></TD></TR>

  <TR vAlign=bottom>

    <TD style="BORDER-LEFT: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD bgColor=#cccccc borderColor=#000000 colSpan=4 align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD style="BORDER-LEFT: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD bgColor=#cccccc borderColor=#000000 colSpan=4 align=left>&nbsp;</TD></TR>

  <TR style="FONT-SIZE: 1px">

    <TD style="BORDER-TOP: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD style="BORDER-LEFT: #000000 1px solid; BORDER-TOP: #000000 1px solid"

    borderColor=#000000>&nbsp;</TD>

    <TD style="BORDER-TOP: #000000 1px solid" borderColor=#000000 colSpan=4

    align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=center borderColor=#000000 rowSpan=4 align=middle><FONT

      style="FONT-SIZE: 18pt"><B>4</B></FONT></TD>

    <TD style="BORDER-LEFT: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 colSpan=4 align=left><STRONG>CITIZENSHIP OR PLACE

      OF ORGANIZATION:</STRONG></TD></TR>

  <TR vAlign=bottom>

    <TD style="BORDER-LEFT: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 colSpan=4 align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD style="BORDER-LEFT: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 colSpan=4 align=left>Minerva Advisors LLC -

      Deleware <BR>Minerva Group, LP - Deleware <BR>Minerva GP, LP - Deleware

      <BR>Minerva GP, Inc. - Pennsylvania <BR>David P. Cohen - U.S. Citizen

  </TD></TR>

  <TR vAlign=bottom>

    <TD style="BORDER-LEFT: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 colSpan=4 align=left>&nbsp;</TD></TR>

  <TR style="FONT-SIZE: 1px">

    <TD style="BORDER-TOP: #000000 1px solid" borderColor=#000000 colSpan=3

    align=left>&nbsp;</TD>

    <TD

    style="BORDER-LEFT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-RIGHT: #000000 1px solid"

    borderColor=#000000 align=left>&nbsp;</TD>

    <TD style="BORDER-TOP: #000000 1px solid" borderColor=#000000

    align=left>&nbsp;</TD>

    <TD style="BORDER-TOP: #000000 1px solid" borderColor=#000000

    align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=center borderColor=#000000 rowSpan=19 colSpan=3 align=middle>

      <DIV align=center><STRONG>NUMBER

      OF<BR></STRONG><STRONG>SHARES</STRONG><STRONG><BR>BENEFICIALLY</STRONG><STRONG><BR>OWNED

      BY</STRONG><STRONG><BR>EACH</STRONG><STRONG><BR>REPORTING</STRONG><STRONG>

      PERSON</STRONG><STRONG><BR>WITH:</STRONG></DIV></TD>

    <TD style="BORDER-LEFT: #000000 1px solid; BORDER-RIGHT: #000000 1px solid"

    vAlign=center borderColor=#000000 rowSpan=4 align=middle><FONT

      style="FONT-SIZE: 18pt"><B>5</B></FONT></TD>

    <TD borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 align=left><STRONG>SOLE VOTING

  POWER:</STRONG></TD></TR>

  <TR vAlign=bottom>

    <TD borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 align=left>

      <P>Minerva Advisors LLC* - 619,581 <BR>

        Minerva Group, LP -

      619,581<BR>

      Minerva GP, LP* - 619,581<BR>

      Minerva GP, Inc.* -

      619,581<BR>

      David P. Cohen* - 625,755 </P>

      <P>*Each of these reporting persons is deemed a beneficial owner of the

      619,581 shares of the Issuer held by Minerva Group, LP.&nbsp; David P.

      Cohen is also the beneficial owner of 6,174 shares of the Issuer owned

      individually.</P></TD></TR>

  <TR vAlign=bottom>

    <TD borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 align=left>&nbsp;</TD></TR>

  <TR style="FONT-SIZE: 1px">

    <TD

    style="BORDER-LEFT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-RIGHT: #000000 1px solid"

    borderColor=#000000 align=left>&nbsp;</TD>

    <TD style="BORDER-TOP: #000000 1px solid" borderColor=#000000

    align=left>&nbsp;</TD>

    <TD style="BORDER-TOP: #000000 1px solid" borderColor=#000000

    align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD style="BORDER-LEFT: #000000 1px solid; BORDER-RIGHT: #000000 1px solid"

    vAlign=center borderColor=#000000 rowSpan=4 align=middle><FONT

      style="FONT-SIZE: 18pt"><B>6</B></FONT></TD>

    <TD borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 align=left><STRONG>SHARED VOTING

  POWER:</STRONG></TD></TR>

  <TR vAlign=bottom>

    <TD borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000>

      <P>Minerva Advisors LLC - 427,275 <BR>

        David P. Cohen** - 427,275 </P>

      <P>**David P. Cohen is deemed a beneficial owner of the 427,275 shares of

      the Issuer beneficially owned by Minerva Advisors LLC.</P></TD></TR>

  <TR vAlign=bottom>

    <TD borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000>&nbsp;</TD></TR>

  <TR style="FONT-SIZE: 1px">

    <TD

    style="BORDER-LEFT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-RIGHT: #000000 1px solid"

    borderColor=#000000 align=left>&nbsp;</TD>

    <TD style="BORDER-TOP: #000000 1px solid" borderColor=#000000

    align=left>&nbsp;</TD>

    <TD style="BORDER-TOP: #000000 1px solid" borderColor=#000000

    align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD style="BORDER-LEFT: #000000 1px solid; BORDER-RIGHT: #000000 1px solid"

    vAlign=center borderColor=#000000 rowSpan=4 align=middle><FONT

      style="FONT-SIZE: 18pt"><B>7</B></FONT></TD>

    <TD borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 align=left><STRONG>SOLE DISPOSITIVE

    POWER:</STRONG></TD></TR>

  <TR vAlign=bottom>

    <TD borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 align=left>

      <P>Minerva Advisors LLC* - 619,581 <BR>

Minerva Group, LP -

      619,581<BR>

Minerva GP, LP* - 619,581<BR>

Minerva GP, Inc.* -

      619,581<BR>

David P. Cohen* - 625,755 </P>

      <P>*Each of these reporting persons is deemed a beneficial owner of the

        619,581 shares of the Issuer held by Minerva Group, LP.&nbsp; David P.

        Cohen is also the beneficial owner of 6,174 shares of the Issuer owned

        individually.</P></TD></TR>

  <TR vAlign=bottom>

    <TD borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 align=left>&nbsp;</TD></TR>

  <TR style="FONT-SIZE: 1px">

    <TD

    style="BORDER-LEFT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-RIGHT: #000000 1px solid"

    borderColor=#000000 align=left>&nbsp;</TD>

    <TD style="BORDER-TOP: #000000 1px solid" borderColor=#000000

    align=left>&nbsp;</TD>

    <TD style="BORDER-TOP: #000000 1px solid" borderColor=#000000

    align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD style="BORDER-LEFT: #000000 1px solid; BORDER-RIGHT: #000000 1px solid"

    vAlign=center borderColor=#000000 rowSpan=4 align=middle><FONT

      style="FONT-SIZE: 18pt"><B>8</B></FONT></TD>

    <TD borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 align=left><STRONG>SHARED DISPOSITIVE

      POWER:</STRONG></TD></TR>

  <TR vAlign=bottom>

    <TD borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 align=left>

      <P>Minerva Advisors LLC - 427,275 <BR>

David P. Cohen** - 427,275 </P>

      <P>**David P. Cohen is deemed a beneficial owner of the 427,275 shares of

        the Issuer beneficially owned by Minerva Advisors LLC.</P></TD></TR>

  <TR vAlign=bottom>

    <TD borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 align=left>&nbsp;</TD></TR>

  <TR style="FONT-SIZE: 1px">

    <TD style="BORDER-TOP: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD style="BORDER-LEFT: #000000 1px solid; BORDER-TOP: #000000 1px solid"

    borderColor=#000000>&nbsp;</TD>

    <TD style="BORDER-TOP: #000000 1px solid" borderColor=#000000 colSpan=4

    align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=center borderColor=#000000 rowSpan=4 align=middle><FONT

      style="FONT-SIZE: 18pt"><B>9</B></FONT></TD>

    <TD style="BORDER-LEFT: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 colSpan=4 align=left><STRONG>AGGREGATE AMOUNT

      BENEFICIALLY OWNED BY EACH REPORTING PERSON:</STRONG></TD></TR>

  <TR vAlign=bottom>

    <TD style="BORDER-LEFT: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 colSpan=4 align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD style="BORDER-LEFT: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 colSpan=4 align=left>Minerva Advisors LLC* -

      1,046,856 <BR>

      Minerva Group, LP - 619,581 <BR>

      Minerva GP, LP* -

      619,581<BR>

      Minerva GP, Inc.* - 619,581<BR>

      David P. Cohen* - 1,053,030

      <P>*Each of these reporting persons is deemed a beneficial owner of the

      619,581 shares of the Issuer held by Minerva Group, LP.&nbsp; David P.

      Cohen is the beneficial owner of 6,174 shares of the Issuer owned

      individually and is also deemed a beneficial owner of the 1,046,856 shares

      of the Issuer beneficially owned by Minerva Advisors LLC.</P></TD></TR>

  <TR vAlign=bottom>

    <TD style="BORDER-LEFT: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 colSpan=4 align=left>&nbsp;</TD></TR>

  <TR style="FONT-SIZE: 1px">

    <TD style="BORDER-TOP: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD style="BORDER-LEFT: #000000 1px solid; BORDER-TOP: #000000 1px solid"

    borderColor=#000000>&nbsp;</TD>

    <TD style="BORDER-TOP: #000000 1px solid" borderColor=#000000 colSpan=4

    align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=center borderColor=#000000 rowSpan=4 align=middle><FONT

      style="FONT-SIZE: 18pt"><B>10</B></FONT></TD>

    <TD style="BORDER-LEFT: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 colSpan=4 align=left><STRONG>CHECK IF THE

      AGGREGATE AMOUNT IN ROW (9)&nbsp;EXCLUDES CERTAIN SHARES (SEE

      INSTRUCTIONS):</STRONG></TD></TR>

  <TR vAlign=bottom>

    <TD style="BORDER-LEFT: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 colSpan=4 align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD style="BORDER-LEFT: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 colSpan=4 align=left>&nbsp;<STRONG>[ &nbsp;&nbsp;]

      </STRONG></TD></TR>

  <TR vAlign=bottom>

    <TD style="BORDER-LEFT: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 colSpan=4 align=left>&nbsp;</TD></TR>

  <TR style="FONT-SIZE: 1px">

    <TD style="BORDER-TOP: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD style="BORDER-LEFT: #000000 1px solid; BORDER-TOP: #000000 1px solid"

    borderColor=#000000>&nbsp;</TD>

    <TD style="BORDER-TOP: #000000 1px solid" borderColor=#000000 colSpan=4

    align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=center borderColor=#000000 rowSpan=4 align=middle><FONT

      style="FONT-SIZE: 18pt"><B>11</B></FONT></TD>

    <TD style="BORDER-LEFT: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 colSpan=4 align=left><STRONG>PERCENT OF CLASS

      REPRESENTED BY AMOUNT IN ROW (9):</STRONG></TD></TR>

  <TR vAlign=bottom>

    <TD style="BORDER-LEFT: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 colSpan=4 align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD style="BORDER-LEFT: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 colSpan=4 align=left>

      <P>Minerva Advisors LLC* - 6.8% <BR>

        Minerva Group, LP - 4.0% <BR>Minerva

      GP, LP* - 4.0% <BR>Minerva GP, Inc.* - 4.0% <BR>

      David P. Cohen* - 6.9%

</P>

      <P>*Each of these reporting persons is deemed a beneficial owner of the

      4.0% of the shares of the Issuer held by Minerva Group, LP.&nbsp; David P.

      Cohen is the beneficial owner of 0.04% of the shares of the Issuer owned

      individually and is also deemed a beneficial owner of the 6.9% of the

      shares of the Issuer beneficially owned by Minerva Advisors LLC.</P>

      <P>Based on the total of 15,357,457 shares of the Issuer's Common Stock

      outstanding as of December 13, 2017, as reported in the Issuer's Quarterly

      Report on Form 10-Q for the period ended October 31, 2017.</P></TD></TR>

  <TR vAlign=bottom>

    <TD style="BORDER-LEFT: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 colSpan=4 align=left>&nbsp;</TD></TR>

  <TR style="FONT-SIZE: 1px">

    <TD style="BORDER-TOP: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD style="BORDER-LEFT: #000000 1px solid; BORDER-TOP: #000000 1px solid"

    borderColor=#000000>&nbsp;</TD>

    <TD style="BORDER-TOP: #000000 1px solid" borderColor=#000000 colSpan=4

    align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=center borderColor=#000000 rowSpan=3 align=middle><FONT

      style="FONT-SIZE: 18pt"><B>12</B></FONT></TD>

    <TD style="BORDER-LEFT: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 colSpan=4 align=left><STRONG>TYPE OF REPORTING

      PERSON (SEE INSTRUCTIONS):</STRONG></TD></TR>

  <TR vAlign=bottom>

    <TD style="BORDER-LEFT: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 colSpan=4 align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD style="BORDER-LEFT: #000000 1px solid" borderColor=#000000>&nbsp;</TD>

    <TD borderColor=#000000 colSpan=4 align=left>Minerva Advisors LLC - IA

      <BR>Minerva Group, LP - PN <BR>Minerva GP, LP - PN<BR>Minerva GP, Inc. -

      CO <BR>David P. Cohen - IN

</TD></TR><!-- End Table Body --></TABLE></DIV></DIV>

<P style="FONT-SIZE: 10pt" align=center></P></DIV>

<DIV style="FONT-FAMILY: 'Times New Roman',Times,serif">

<DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 12pt" align=center><U><B>SCHEDULE

13G</B></U><BR></DIV>

<DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 10pt" align=left></DIV>

<DIV align=center>

<TABLE style="FONT-SIZE: 10pt" border=0 cellSpacing=0 cellPadding=0

width="100%"><!-- Begin Table Head -->



  <TR vAlign=bottom>

    <TD width="11%">&nbsp;</TD>

    <TD width="7%">&nbsp;</TD>

    <TD width="82%">&nbsp;</TD></TR><!-- End Table Head --><!-- Begin Table Body -->

  <TR vAlign=bottom>

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px"><B>Item&nbsp;1(a)</B>

      </DIV></TD>

    <TD colSpan=2><B>Name of Issuer.</B></TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px"> </DIV></TD>

    <TD colSpan=2>VIRCO MFG. CORPORATION </TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px"><B>Item&nbsp;1(b)</B>

      </DIV></TD>

    <TD colSpan=2><B>Address of Issuer's Principal Executive Offices.</B></TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px"> </DIV></TD>

    <TD colSpan=2>2027 Harpers Way <BR>Torrance, CA 90501 </TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px"><B>Item&nbsp;2(a)</B>

      </DIV></TD>

    <TD colSpan=2><B>Name of Person Filing.</B></TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px"> </DIV></TD>

    <TD colSpan=2>Minerva Advisors LLC<BR>Minerva Group, LP<BR>Minerva GP, LP

      <BR>Minerva GP, Inc. <BR>David P. Cohen</TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px"><B>Item&nbsp;2(b)</B>

      </DIV></TD>

    <TD colSpan=2><B>Address of Principal Business Office or, if none,

      Residence.</B></TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px"> </DIV></TD>

    <TD colSpan=2>50 Monument Road, Suite 201 <BR>Bala Cynwyd, PA 19004 </TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px"><B>Item&nbsp;2(c)</B>

      </DIV></TD>

    <TD colSpan=2><B>Citizenship.</B></TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px"> </DIV></TD>

    <TD rowSpan=2 colSpan=2>David P. Cohen is a U.S. Citizen. <BR>Minerva

      Advisors LLC, Minerva Group, LP, and Minerva GP, LP are organized under

      Delaware law. <BR>Minerva GP, Inc. is organized under Pennsylvania law.

  </TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px"><B>Item&nbsp;2(d)</B>

      </DIV></TD>

    <TD colSpan=2><B>Title of Class of Securities.</B></TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px"> </DIV></TD>

    <TD colSpan=2>Common Stock $.01 par value </TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px"><B>Item&nbsp;2(e)</B>

      </DIV></TD>

    <TD colSpan=2><B>CUSIP Number.</B></TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px"> </DIV></TD>

    <TD colSpan=2>927651109</TD></TR><!-- End Table Body --></TABLE>

<TABLE style="FONT-SIZE: 10pt" border=0 cellSpacing=0 cellPadding=0

width="100%"><!-- Begin Table Head -->



  <TR vAlign=bottom>

    <TD width="5%">&nbsp;</TD>

    <TD width="6%">&nbsp;</TD>

    <TD colSpan=3>&nbsp;</TD></TR><!-- End Table Head --><!-- Begin Table Body -->

  <TR vAlign=bottom>

    <TD vAlign=top><B>Item&nbsp;3</B></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=3 align=left><STRONG>This statement is not filed

      pursuant to Rules 13d-1(b), 13d-2(b) or 13d-2(c). </STRONG></TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top rowSpan=2 colSpan=3 align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD>

    <TD>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top><B>Item&nbsp;4</B></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=3 align=left><B>Ownership</B>.</TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=2 align=left>&nbsp;</TD>

    <TD vAlign=top width="87%" align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px"> </DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=2 align=left>(a)</TD>

    <TD vAlign=top align=left><STRONG><FONT

      style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Amount

      beneficially owned: </FONT></STRONG>

      <DIV>

      <DIV><P>Minerva Advisors LLC* -

      1,046,856 <BR>

Minerva Group, LP - 619,581 <BR>

Minerva GP, LP* -

      619,581<BR>

Minerva GP, Inc.* - 619,581<BR>

David P. Cohen* - 1,053,030

        <P>*Each of these reporting persons is deemed a beneficial owner of the

          619,581 shares of the Issuer held by Minerva Group, LP.&nbsp; David P.

          Cohen is the beneficial owner of 6,174 shares of the Issuer owned

          individually and is also deemed a beneficial owner of the 1,046,856 shares

          of the Issuer beneficially owned by Minerva Advisors LLC.</P>

        <DIV></DIV></DIV></DIV></TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top colSpan=5>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px"> </DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=2 align=left>(b)</TD>

    <TD vAlign=top align=left><STRONG>Percent of Class:</STRONG><BR>

      <P>Minerva Advisors LLC* - 6.8% <BR>

Minerva Group, LP - 4.0% <BR>

Minerva

      GP, LP* - 4.0% <BR>

      Minerva GP, Inc.* - 4.0% <BR>

David P. Cohen* - 6.9% </P>

      <P>*Each of these reporting persons is deemed a beneficial owner of the

        4.0% of the shares of the Issuer held by Minerva Group, LP.&nbsp; David P.

        Cohen is the beneficial owner of 0.04% of the shares of the Issuer owned

        individually and is also deemed a beneficial owner of the 6.9% of the

        shares of the Issuer beneficially owned by Minerva Advisors LLC.</P>

      <P>Based on the total of 15,357,457 shares of the Issuer's Common Stock

        outstanding as of December 13, 2017, as reported in the Issuer's Quarterly

        Report on Form 10-Q for the period ended October 31, 2017.</P></TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top colSpan=5>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px"> </DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=2 align=left>(c)</TD>

    <TD vAlign=top align=left><STRONG>Number of Shares as to which the person

      has:</STRONG>

      <DIV>(i) Sole power to vote or to direct the vote:

      <DIV>

      <P>Minerva Advisors LLC* - 619,581 <BR>

Minerva Group, LP -

      619,581<BR>

Minerva GP, LP* - 619,581<BR>

Minerva GP, Inc.* -

      619,581<BR>

David P. Cohen* - 625,755 </P>

      <P>*Each of these reporting persons is deemed a beneficial owner of the

        619,581 shares of the Issuer held by Minerva Group, LP.&nbsp; David P.

        Cohen is also the beneficial owner of 6,174 shares of the Issuer owned

        individually.</P>

      </DIV>

      <DIV>(ii) Shared power to vote or to direct the vote: <BR>

      <P>Minerva Advisors LLC - 427,275 <BR>

David P. Cohen** - 427,275 </P>

      <P>**David P. Cohen is deemed a beneficial owner of the 427,275 shares of

        the Issuer beneficially owned by Minerva Advisors LLC.</P>

      <DIV>(iii) Sole power to dispose or to direct the disposition of:

      <DIV>

      <P>Minerva Advisors LLC* - 619,581 <BR>

Minerva Group, LP -

      619,581<BR>

Minerva GP, LP* - 619,581<BR>

Minerva GP, Inc.* -

      619,581<BR>

David P. Cohen* - 625,755 </P>

      <P>*Each of these reporting persons is deemed a beneficial owner of the

        619,581 shares of the Issuer held by Minerva Group, LP.&nbsp; David P.

        Cohen is also the beneficial owner of 6,174 shares of the Issuer owned

        individually.</P>

      <P></P></DIV></DIV></DIV></DIV></TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=2 align=left>&nbsp;</TD>

    <TD vAlign=top align=left>

      <DIV>(iv) Shared power to dispose or to direct the disposition of: <BR>

      <P>Minerva Advisors LLC - 427,275 <BR>

David P. Cohen** - 427,275 </P>

      <P>**David P. Cohen is deemed a beneficial owner of the 427,275 shares of

        the Issuer beneficially owned by Minerva Advisors LLC.</P>

      </DIV></TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top colSpan=5>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top><B>Item&nbsp;5</B></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=3 align=left><B>Ownership of Five Percent or Less

      of a Class.</B></TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top colSpan=5>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=3 align=left>Not applicable.</TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top colSpan=5>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top><B>Item&nbsp;6</B></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=3 align=left><B>Ownership of More Than Five Percent

      on Behalf of Another Person.</B></TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top colSpan=5>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=3 align=left>Not applicable. </TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top colSpan=5>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top><B>Item&nbsp;7</B></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=3 align=left><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 vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top colSpan=5>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=3 align=left>Not applicable.</TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top colSpan=5>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top><B>Item&nbsp;8</B></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=3 align=left><B>Identification and Classification

      of Members of the Group.</B></TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top colSpan=5>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=3 align=left>Not applicable.</TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top colSpan=5>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top><B>Item&nbsp;9</B></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=3 align=left><B>Notice of Dissolution of

    Group.</B></TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top colSpan=5>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=3 align=left>Not applicable.</TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top colSpan=5>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top><B>Item&nbsp;10</B></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=3 align=left><B>Certification.</B></TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top colSpan=5>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=3 align=left>By signing below I certify that, to

      the best of my knowledge and belief, the securities referred to above 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.</TD></TR><!-- End Table Body --></TABLE></DIV></DIV><!-- PAGEBREAK -->

<P>

<HR noShade>



<P>

<H5 style="PAGE-BREAK-BEFORE: always" align=left>&nbsp;</H5>

<DIV style="FONT-FAMILY: 'Times New Roman',Times,serif">

<DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 12pt"

align=center><U><B>SIGNATURE<BR></B></U></DIV>

<DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 10pt"

align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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. </DIV>

<DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 10pt"

align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</DIV>

<DIV align=center>

<TABLE style="FONT-SIZE: 10pt" border=0 cellSpacing=0 cellPadding=0

width="100%">



  <TR vAlign=bottom>

    <TD vAlign=top width="48%">&nbsp;</TD>

    <TD width="2%">&nbsp;</TD>

    <TD vAlign=top colSpan=5 align=left><STRONG>MINERVA ADVISORS LLC

    </STRONG></TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=5 align=left>Date: February 9, 2018 </TD>

  </TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top width="2%" align=left>&nbsp;</TD>

    <TD width="2%">&nbsp;</TD>

    <TD vAlign=top width="2%" align=left>&nbsp;</TD>

    <TD width="2%">&nbsp;</TD>

    <TD vAlign=top width="40%" align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>By:</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=3 align=left>David P. Cohen, President </TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>By:</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>/s/ Beth N. Lowson </TD></TR>

  <TR style="FONT-SIZE: 1px">

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px"> </DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD style="BORDER-TOP: #000000 1px solid" vAlign=top

  align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>Name: Beth N. Lowson </TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>Title: Attorney-In-Fact </TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>The Nelson Law Firm, LLC </TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>445 Hamilton Avenue</TD>

  </TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>Suite 1102</TD>

  </TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>White Plains, NY 10601 </TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=5 align=left><STRONG>MINERVA GROUP, LP

  </STRONG></TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=5 align=left>Date: February 9, 2018</TD>

  </TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>By:</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=3 align=left>MINERVA GP, LP, its General Partner

  </TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px"> </DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>By:</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD colSpan=2>MINERVA GP, INC., its General Partner </TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px"> </DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>By:</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD colSpan=2>David P. Cohen, President </TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>By:</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>/s/ Beth N. Lowson </TD></TR>

  <TR style="FONT-SIZE: 1px">

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px"> </DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD style="BORDER-TOP: #000000 1px solid" vAlign=top

  align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>Name: Beth N. Lowson </TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>Title: Attorney-In-Fact </TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>The Nelson Law Firm, LLC </TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>445 Hamilton Avenue</TD>

  </TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>Suite 1102</TD>

  </TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>White Plains, NY 10601 </TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=5 align=left><STRONG>MINERVA GP, LP </STRONG></TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=5 align=left>Date: February 9, 2018</TD>

  </TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>By:</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=3 align=left>MINERVA GP, INC., its General Partner

    </TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px"> </DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>By:</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD colSpan=2>David P. Cohen, President </TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>By:</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>/s/ Beth N. Lowson </TD></TR>

  <TR style="FONT-SIZE: 1px">

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px"> </DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD style="BORDER-TOP: #000000 1px solid" vAlign=top

  align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>Name: Beth N. Lowson </TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>Title: Attorney-In-Fact </TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>The Nelson Law Firm, LLC </TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>445 Hamilton Avenue</TD>

  </TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>Suite 1102</TD>

  </TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>White Plains, NY 10601 </TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=3 align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=5 align=left><STRONG>MINERVA GP, INC.

  </STRONG></TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=5 align=left>Date: February 9, 2018</TD>

  </TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>By:</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=3 align=left>David P. Cohen </TD></TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px"> </DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>By:</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>/s/ Beth N. Lowson </TD></TR>

  <TR style="FONT-SIZE: 1px">

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px"> </DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD style="BORDER-TOP: #000000 1px solid" vAlign=top

  align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>Name: Beth N. Lowson </TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>Title: Attorney-In-Fact </TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>The Nelson Law Firm, LLC </TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>445 Hamilton Avenue</TD>

  </TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>Suite 1102&nbsp;</TD>

  </TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>White Plains, NY 10601 </TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=3 align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=5 align=left><STRONG>DAVID P. COHEN </STRONG></TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top colSpan=5 align=left>Date: February 9, 2018</TD>

  </TR>

  <TR vAlign=bottom><!-- Blank Space -->

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px">&nbsp;</DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px"> </DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>By:</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>/s/ Beth N. Lowson </TD></TR>

  <TR style="FONT-SIZE: 1px">

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px"> </DIV></TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD style="BORDER-TOP: #000000 1px solid" vAlign=top

  align=left>&nbsp;</TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>Name: Beth N. Lowson </TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>Title: Attorney-In-Fact </TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>The Nelson Law Firm, LLC </TD></TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>445 Hamilton Avenue </TD>

  </TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>Suite 1102 &nbsp;</TD>

  </TR>

  <TR vAlign=bottom>

    <TD vAlign=top>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>&nbsp;</TD>

    <TD>&nbsp;</TD>

    <TD vAlign=top align=left>White Plains, NY 10601 </TD></TR><!-- Begin Table Head --><!-- End Table Head --><!-- Begin Table Body --><!-- End Table Body --></TABLE></DIV>

<P style="FONT-SIZE: 10pt" align=center></P></DIV><!-- PAGEBREAK -->

<P>

<HR noShade>



<P>

<H5 style="PAGE-BREAK-BEFORE: always" align=left>&nbsp;</H5>

<P>

<DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 12pt" align=center><U><B>POWER OF

ATTORNEY</B></U><BR></DIV>

<DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 10pt" align=left>The undersigned does

hereby constitute and appoint Stephen J. Nelson, Mary Anne Mayo,  and Beth N. Lowson, each of The Nelson Law Firm, LLC, One North

Broadway, Suite 712, White Plains, NY 10601, signing singly, with full power of

substitution, as the true and lawful attorney of the undersigned, and authorizes

and designates each of them to sign on behalf of the undersigned, and to file

filings and any amendments thereto made by or on behalf of the undersigned in

respect of the beneficial ownership of equity securities held by the

undersigned, directly, indirectly or beneficially, pursuant to Sections 13(d),

13(f), 13(g) and 16 of the Securities Exchange Act of 1934, as amended (the

"Exchange Act"), and the rules and regulations thereunder. The undersigned

acknowledges that the foregoing attorneys-in-fact, in serving in such capacity

at the request of the undersigned, are not assuming any of the undersigned's

responsibilities to comply with Sections 13(d), 13(f), 13(g) or 16 of the

Exchange Act. <BR>

</DIV>

<DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 10pt" align=left>This Power of Attorney

shall remain in full force and effect until withdrawn by the undersigned in a

signed writing delivered to the foregoing attorneys-in-fact. </DIV>

<DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 10pt" align=left></DIV>

<DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 10pt" align=left>

<DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 10pt" align=left></DIV>

<DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 10pt" align=left>IN WITNESS WHEREOF, the

undersigned has caused this Power of Attorney to be executed as of this 5th day

of February, 2016.</DIV>

</DIV>

<DIV align=center>

<TABLE style="FONT-SIZE: 10pt" border=0 cellSpacing=0 cellPadding=0

width="100%"><!-- Begin Table Head -->



  <TR vAlign=bottom>

    <TD width="42%">&nbsp;</TD>

    <TD width="3%">&nbsp;</TD>

    <TD width="55%">&nbsp;</TD></TR><!-- End Table Head --><!-- Begin Table Body -->

  <TR vAlign=bottom>

    <TD vAlign=top>

      <DIV style="TEXT-INDENT: 0px; MARGIN-LEFT: 0px"> </DIV></TD>

    <TD vAlign=top align=left>By:</TD>

    <TD vAlign=top align=left>/s/ David P. Cohen </TD></TR>

  <TR style="FONT-SIZE: 1px">

    <TD vAlign=top>

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  align=left>&nbsp;</TD></TR>

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    <TD vAlign=top align=left>David P. Cohen </TD></TR>

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