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Great Oaks Capital Management, LLC
> TBSI
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 03/31/2010 | TBS INTERNATIONAL LTD | TBSI | 56,833 | 0 | 415,000 | -3,000 | $7.30 |
| 12/31/2009 | TBS INTERNATIONAL LTD | TBSI | 56,833 | -45,449 | 418,000 | -472,000 | $7.35 |
| 09/30/2009 | TBS INTERNATIONAL LTD | TBSI | 102,282 | 92,282 | 890,000 | 812,000 | $8.70 |
| 06/30/2009 | TBS INTERNATIONAL LTD | TBSI | 10,000 | -19,000 | 78,000 | -135,000 | $7.80 |
| 03/31/2009 | TBS INTERNATIONAL LTD | TBSI | 29,000 | -35,000 | 213,000 | -429,000 | $7.34 |
| 12/31/2008 | TBS INTERNATIONAL LTD | TBSI | 64,000 | 64,000 | 642,000 | 642,000 | $10.03 |
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