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Black Horse Capital Advisors LLC
> NCT
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 03/31/2009 | Drive Shack Inc. | NCT | 0 | -39,742 | 0 | -33,000 | |
| 12/31/2008 | Drive Shack Inc. | NCT | 39,742 | -237,015 | 33,000 | -1,725,000 | $0.83 |
| 09/30/2008 | Drive Shack Inc. | NCT | 276,757 | 276,757 | 1,758,000 | 1,758,000 | $6.35 |
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