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
ASCENA RETAIL GROUP INC COM 04351G101 20,976 991,300 SH   SOLE   991,300 0 0
BGC PARTNERS INC-CL A CL A 05541T101 5,596 925,000 SH   SOLE   925,000 0 0
BOLT TECHNOLOGY CORP COM 097698104 8,778 398,823 SH   SOLE   398,823 0 0
BRT REALTY TRUST SH BEN INT 055645303 7,074 1,000,500 SH   SOLE   1,000,500 0 0
DELTA APPAREL INC COM 247368103 10,245 603,334 SH   SOLE   603,334 0 0
DESTINATION MATERNITY CORP COM 25065D100 2,886 96,576 SH   SOLE   96,576 0 0
DESTINATION XL GROUP INC COM 25065K104 6,889 1,053,361 SH   SOLE   1,053,361 0 0
INFUSYSTEM HOLDINGS INC COM 45685K102 4,591 2,145,348 SH   SOLE   2,145,348 0 0
LEARNING TREE INTERNATIONAL COM 522015106 1,240 395,016 SH   SOLE   395,016 0 0
MATERIAL SCIENCES CORP COM 576674105 8,055 682,045 SH   SOLE   682,045 0 0
MFC INDUSTRIAL LTD COM 55278T105 3,770 471,787 SH   SOLE   471,787 0 0
MITCHAM INDUSTRIES INC COM 606501104 7,294 411,857 SH   SOLE   411,857 0 0
MORGANS HOTEL GROUP CO COM 61748W108 11,984 1,473,995 SH   SOLE   1,473,995 0 0
QLT INC COM 746927102 6,880 1,235,144 SH   SOLE   1,235,144 0 0
RUBY TUESDAY INC COM 781182100 9,835 1,419,257 SH   SOLE   1,419,257 0 0
RYMAN HOSPITALITY PROPERTIES COM 78377T107 9,401 225,000 SH   SOLE   225,000 0 0
SKECHERS USA INC-CL A CL A 830566105 17,268 521,209 SH   SOLE   521,209 0 0
WET SEAL INC/THE-CLASS A CL A 961840105 8,600 3,150,098 SH   SOLE   3,150,098 0 0