13D Filing: Lone Star Value Management and Crossroads Systems Inc (CRDS)

The following constitutes
Amendment No. 10 to the Schedule 13D filed by the undersigned (“Amendment No. 10”).  This Amendment No. 10
amends the Schedule 13D as specifically set forth herein.

Responses to each
item below are incorporated by reference into each other item, as applicable.

Item 2.

Identity and Background.

Item 2 is hereby amended and restated
to read as follows:

(a)  This statement is filed by:

(i)

Lone Star Value Investors, LP, a Delaware limited partnership (“Lone Star Value Investors”);

(ii)

Lone Star Value Co-Invest I, LP, a Delaware limited partnership (“Lone Star Value Co-Invest I”);

(iii)

Lone Star Value Investors GP, LLC, a Delaware limited liability company (“Lone Star Value GP”), which serves as the general partner of Lone Star Value Investors and Lone Star Value Co-Invest I;

(iv)

Lone Star Value Management, LLC, a Connecticut limited liability company (“Lone Star Value Management”), which serves as the investment manager of Lone Star Value Investors, Lone Star Value Co-Invest I and a certain managed account (the “Lone Star Value Account”); and

(v)

Jeffrey E. Eberwein, who serves as the manager of Lone Star Value GP and sole member of Lone Star Value Management.

Each of the foregoing
is referred to as a “Reporting Person” and collectively as the “Reporting Persons.” Each of the Reporting
Persons is party to that certain Joint Filing Agreement, as further described in Item 6.  Accordingly, the Reporting
Persons are hereby filing a joint Schedule 13D.

(b)  The
address of the principal office of each of the Reporting Persons is 53 Forest Avenue, 1st Floor, Old Greenwich, Connecticut
06870.

(c)  The principal business of each of Lone Star Value Investors and Lone Star Value Co-Invest I is investing in securities.
The principal business of Lone Star Value GP is serving as the general partner of each of Lone Star Value Investors and Lone Star
Value Co-Invest I. The principal business of Lone Star Value Management is serving as the investment manager of Lone Star Value
Investors, Lone Star Value Co-Invest I and the Lone Star Value Account. The principal occupation of Mr. Eberwein is serving as
the manager of Lone Star Value GP and the sole member of Lone Star Value Management.