The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
SPARK NETWORKS SE SPONSORED ADR 846517100 1,202 342,362 SH   SOLE   342,362 0 0
AMREP CORP COM 032159105 2 135 SH   SOLE   135 0 0
BLACK STONE MINERALS L P COM UNIT 09225M101 596 49,470 SH   SOLE   49,470 0 0
KIRKLANDS INC COM 497498105 2,137 111,231 SH   SOLE   111,231 0 0
LEGACY HOUSING CORP COM 52472M101 185 10,300 SH   SOLE   10,300 0 0
AMREP CORP COM 032159105 3,537 225,272 SH   DFND   0 225,272 0
KIRKLANDS INC COM 497498105 21,962 1,143,250 SH   DFND   0 1,143,250 0
LEGACY HOUSING CORP COM 52472M101 2,224 123,742 SH   DFND   0 123,742 0
SPARK NETWORKS SE SPONSORED ADR 846517100 11,844 3,374,480 SH   DFND   0 3,374,480 0
TUCOWS INC COM NEW 898697206 5,641 71,444 SH   DFND   0 71,444 0
TUESDAY MORNING CORP COM 89904V101 62,119 22,185,433 SH   DFND   0 22,185,433 0
AMPCO-PITTSBURG CORP *W EXP 08/01/202 032037111 32 34,355 SH   DFND   0 34,355 0
SPARK NETWORKS SE SPONSORED ADR 846517100 4,383 1,248,600 SH Call DFND   0 1,248,600 0