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 disclosures provided in a prior cover page.

This statement is filed on behalf of Erik M. Herzfeld, et al. (the “Reporting Person”) with respect to common stock owned individually by the Reporting Person and in his role as portfolio manager of investment advisory accounts of the clients (“advisory clients”) of Thomas J. Herzfeld Advisors, Inc. a registered investment adviser for which Mr. Herzfeld has a dispositive and/or voting power (“Accounts”).

The principal business address of the Reporting Person is 119 Washington Avenue, Suite 504 Miami Beach, FL 33139.

The Reporting Person is the President of Thomas J. Herzfeld Advisors, Inc. a registered investment adviser whose principal place of business is 119 Washington Avenue, Suite 504 Miami Beach, FL 33139.

During the last five years, the Reporting Person has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors);

During the last five years, the Reporting Person has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result thereof were or are subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities law or finding any violation with respect to such laws; and

(f)

The Reporting Person is a citizen of the United States.

The aggregate number of common stock to which this Schedule 13D relates is 764,659 common stock representing 12.47% of the 6,133,659 shares outstanding as reported by the issuer as of June 30, 2017.

With respect to the shares of common stock owned individually, the Reporting Person beneficially owns with sole power to vote and dispose of 114,435 shares of common stock. With respect to the Accounts, the Reporting Person beneficially owns, with shared power to vote and/or dispose of 650,224 shares of common stock.

Prior to July 13, 2017 advisory clients owned 576,001 shares of common stock. Prior to July 13, 2017 the Reporting Person owned 114,435 shares of common stock. On July 13, 2017 through open market purchases the advisory clients bought a total of 12,768 shares of common stock at the price of $7.669 per share. On July 14, 2017 through open market purchases the advisory clients bought a total of 5,264 shares of common stock at the price of $7.3408 per share. On July 20, 2017 an advisory client requested a liquidation of 600 shares of common stock. On July 21, 2017 an advisory client requested a liquidation of 10,503 shares of common stock. On August 17, 2017 an advisory client requested a liquidation of 238 shares of common stock. On August 31, 2017 through open market purchases the advisory clients bought a total of 69 shares of common stock at the price of $7.28 per share. On September 6, 2017 through open market purchases the advisory clients bought a total of 1,000 shares of common stock at the price of $7.22 per share. On September 19, 2017 through open market purchases the advisory clients bought a total of 1,600 shares of common stock at the price of $7.29 per share. On September 21, 2017 through open market purchases the advisory clients bought a total of 5,095 shares of common stock at the price of $7.28 per share. On September 28, 2017 through open market purchases the advisory clients bought a total of 1,200 shares of common stock at the price of $7.23 per share. On September 29, 2017 through open market purchases the advisory clients bought a total of 500 shares of common stock at the price of $7.20 per share. On October 6, 2017 through open market purchases the advisory clients bought a total of 1,450 shares of common stock at the price of $7.31 per share. On October 12, 2017 through open market purchases the advisory clients bought a total of 14,913 shares of common stock at the price of $7.25 per share. On October 13, 2017 through open market purchases the advisory clients bought a total of 2,400 shares of common stock at the price of $7.21 per share. On October 17, 2017 through open market purchases the advisory clients bought a total of 428 shares of common stock at the price of $7.19 per share. On October 19, 2017 through open market purchases the advisory clients bought a total of 400 shares of common stock at the price of $7.06 per share. On October 20, 2017 through open market purchases the advisory clients bought a total of 15,302 shares of common stock at the price of $7.0689 per share. On October 24, 2017 through open market purchases the advisory clients bought a total of 359 shares of common stock at the price of $7.07 per share. On October 24, 2017 an advisory client requested a liquidation of 2,059 shares of common stock. On October 25, 2017 through open market purchases the advisory clients bought a total of 3,080 shares of common stock at the price of $7.0109 per share. On October 26, 2017 through open market purchases the advisory clients bought a total of 300 shares of common stock at the price of $7.02 per share. On October 30, 2017 through open market purchases the advisory clients bought a total of 2,643 shares of common stock at the price of $7.15 per share. On October 31, 2017 through open market purchases the advisory clients bought a total of 2,282 shares of common stock at the price of $7.06 per share. On November 2, 2017 an advisory client closed an account containing 610 shares. Also on November 2, 2017 another advisory client closed an account containing 820 shares. On November 3, 2017 through open market purchases the advisory clients bought a total of 18,000 shares of common stock at the price of $7.0057 per share.

The owner of each of the Accounts individually has the right to receive and the power to direct the receipt of dividends from, or proceeds from the sale of, the shares of common stock. To date no owner of an Account holds more than 5% of the Issuer’s common shares.

(e)

Not applicable.