Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock, $0.001 par value^F1,F2	Oct 3, 2016	P	22,100	$6.47	A	374,302	I	Ballantyne Strong, Inc.
Common Stock, $0.001 par value^F1,F2	Oct 4, 2016	P	2,900	$6.66	A	377,202	I	Ballantyne Strong, Inc.
Common Stock, $0.001 par value^F1,F2	Oct 5, 2016	P	12,000	$7.08	A	389,202	I	Ballantyne Strong, Inc.
Common Stock, $0.001 par value^F1,F2	holding	—	—		—	100,223	I	Fundamental Global Partners, LP
Common Stock, $0.001 par value^F1,F2	holding	—	—		—	202,666	I	Fundamental Global Partners Master Fund, LP
Common Stock, $0.001 par value^F1,F2	holding	—	—		—	5,296	I	FGI Global Asset Allocation Fund, Ltd.
Common Stock, $0.001 par value^F1,F2	holding	—	—		—	4,532	I	FGI Global Asset Allocation Master Fund, LP

Table II — derivative securities

No Table II lines on this filing.

Explanation of responses

F1The Reporting Persons beneficially own in the aggregate 701,919 shares of Common Stock, which represent approximately 11.6% of the Company's outstanding shares of Common Stock. In addition, CWA Asset Management Group, LLC holds 11,648 shares of Common Stock for the accounts of individual investors, which represent approximately 0.2% of the Company's outstanding shares of Common Stock. Fundamental Global Investors, LLC may be deemed to be a beneficial owner of the shares of Common Stock that are directly owned by Fundamental Global Partners, LP ("FGPP"), Fundamental Global Partners Master Fund, LP ("FGPM"), FGI Global Asset Allocation Fund, Ltd. ("FGAA"), FGI Global Asset Allocation Master Fund, LP ("FGGM"), and Ballantyne Strong, Inc. ("BTN").
F2Due to their positions with Fundamental Global Investors, LLC and affiliated entities, Messrs. Cerminara, Lewis M. Johnson and Joseph H. Moglia may be deemed to be beneficial owners of the shares of Common Stock disclosed as directly owned by FGPP, FGPM, FGAA and FGGM. Due to their positions with BTN, Fundamental Global Investors, LLC and affiliated entities, Messrs. Cerminara and Johnson may be deemed to be beneficial owners of the shares of Common Stock disclosed as directly owned by BTN. Each Reporting Person disclaims beneficial ownership of the shares referred to herein except to the extent of his or its pecuniary interest therein.