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
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
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
NORTHWEST PIPE COM NEW 667746901 3,870 190,000 SH Call SOLE NONE 190,000 0 0
KRISPY KREME COM NEW 501014904 2,889 150,000 SH Call SOLE NONE 150,000 0 0
CABELAS INC COM NEW 126804901 3,629 72,600 SH Call SOLE NONE 72,600 0 0
NEWCASTLE INVESTMENT COM NEW 65105M903 4,340 982,000 SH Call SOLE NONE 982,000 0 0
GAMESTOP CORP COM NEW 36467W909 1,469 34,200 SH Call SOLE NONE 34,200 0 0
MAIN STREET CAPITAL CORP COM NEW 56035L954 1,152 36,100 SH Put SOLE NONE 36,100 0 0
DORCHESTER MINERALS COM NEW 25820R955 1,070 50,000 SH Put SOLE NONE 50,000 0 0
AEP INDUSTRIES INC COM NEW 001031103 3,936 71,312 SH   SOLE NONE 71,312 0 0
ARCTIC CAT INC COM NEW 039670104 3,211 96,700 SH   SOLE NONE 96,700 0 0
BALTIC TRADING COM NEW Y0553W103 1,081 675,700 SH   SOLE NONE 675,700 0 0
CABELAS INC COM NEW 126804301 495 9,900 SH   SOLE NONE 9,900 0 0
CHEROKEE INC COM NEW 16444H102 808 28,678 SH   SOLE NONE 28,678 0 0
DIVERSIFIED RSTRNT HLDGS COM NEW 25532M105 2,092 562,499 SH   SOLE NONE 562,499 0 0
EXTREME NETWORKS COM NEW 30226D106 1,895 704,471 SH   SOLE NONE 704,471 0 0
FINISH LINE INC COM NEW 317923100 1,663 59,770 SH   SOLE NONE 59,770 0 0
FRANCESCAS HOLDINGS COM NEW 351793104 2,097 155,646 SH   SOLE NONE 155,646 0 0
GOOD TIMES RESTAURANT COM NEW 382140879 1,732 196,589 SH   SOLE NONE 196,589 0 0
GREAT LAKES DREDGE COM NEW 390607109 3,762 631,187 SH   SOLE NONE 631,187 0 0
JAKKS PACIFIC INC COM NEW 47012E106 4,363 441,138 SH   SOLE NONE 441,138 0 0
JIVE SOFTWARE INC COM NEW 47760A108 2,853 543,426 SH   SOLE NONE 543,426 0 0
KRISPY KREME COM NEW 501014104 5,071 263,316 SH   SOLE NONE 263,316 0 0
MEDIFAST COM NEW 58470H101 2,087 64,580 SH   SOLE NONE 64,580 0 0
MODUSLINK GLOBAL COM NEW 60786L206 1,772 521,089 SH   SOLE NONE 521,089 0 0
NEW SENIOR INVESTMENT COM NEW 648691103 1,706 127,598 SH   SOLE NONE 127,598 0 0
NEWCASTLE INVESTMENT COM NEW 65105M603 6,126 1,386,002 SH   SOLE NONE 1,386,002 0 0
NORTH AMERN ENERGY PTNS COM NEW 656844107 1,231 506,767 SH   SOLE NONE 506,767 0 0
NORTHWEST PIPE CO COM NEW 667746101 3,101 152,258 SH   SOLE NONE 152,258 0 0
QUANTUM CORP COM NEW 747906204 2,423 1,442,229 SH   SOLE NONE 1,442,229 0 0
SEQUENTIAL BRANDS COM NEW 817340201 973 63,651 SH   SOLE NONE 63,651 0 0
SILICON GRAPHICS COM NEW 82706L108 982 151,803 SH   SOLE NONE 151,803 0 0
SPORTSMANS WHSE COM NEW 84920Y106 1,961 172,428 SH   SOLE NONE 172,428 0 0
US CONCRETE INC COM NEW 90333L201 2,483 65,519 SH   SOLE NONE 65,519 0 0
VOLT INFO SCIENCES COM NEW 928703107 9,675 996,427 SH   SOLE NONE 996,427 0 0
WEB COM GROUP INC COM NEW 94733A104 4,473 184,702 SH   SOLE NONE 184,702 0 0