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
ANCHOR COMMON STOCK 032838104 1,697 101,189 SH   SOLE   101,189 0 0
ASHFORD HOSPITALITY COMMON STOCK 044103109 218 19,000 SH   SOLE   19,000 0 0
BBCN BANCORP COMMON STOCK 073295107 2,416 169,899 SH   SOLE   0 0 169,899
CAMBREX CORP COMMON STOCK 132011107 205 14,652 SH   SOLE   14,652 0 0
COMMERCIAL VEHICLE GROUP COMMON STOCK 202608105 135 18,100 SH   SOLE   18,100 0 0
DARLING COMMON STOCK 237266101 196 10,500 SH   SOLE   10,500 0 0
GAMESTOP CORPORATION COMMON STOCK 36467W109 288 6,852 SH   SOLE   6,852 0 0
GRIFFON COMMON STOCK 398433102 138 12,300 SH   SOLE   12,300 0 0
GROUP 1 AUTOMOTIVE COMMON STOCK 398905109 261 4,052 SH   SOLE   4,052 0 0
INVACARE COMMON STOCK 461203101 158 11,000 SH   SOLE   11,000 0 0
JP MORGAN COMMON STOCK 46625H100 39 740 SH   SOLE   700 0 40
JP MORGAN COMMON STOCK 46625H100 1,221 23,122 SH   OTR   0 0 23,122
JARDEN COMMON STOCK 471109108 223 5,100 SH   SOLE   5,100 0 0
MANITOWOC CO INC COMMON STOCK 563571108 219 12,200 SH   SOLE   12,200 0 0
MEADOWBROOK COMMON STOCK 58319P108 97 12,100 SH   SOLE   12,100 0 0
NCR CORPORATION COMMON STOCK 62886E108 295 8,952 SH   SOLE   8,952 0 0
NEWMARKET COMMON STOCK 651587107 223 852 SH   SOLE   852 0 0
TTM TECHNOLOGIES INC COMMON STOCK 87305R109 149 17,714 SH   SOLE   17,714 0 0
WAL-MART COMMON STOCK 931142103 749 10,050 SH   SOLE   10,000 0 50
ZEP COMMON STOCK 98944B108 182 11,500 SH   SOLE   11,500 0 0
MONA VIE INC CAPITAL STOCK COMMON STOCK CS0002598 12,347 12,861,861 SH   SOLE   12,861,861 0 0
DAKOTA SUPPLY GROUP COMMON STOCK CS9000114 97,994 168,873 SH   SOLE   0 0 168,873
CARVER MACHINE WORKS COMMON STOCK CS9000122 2,907 90,000 SH   SOLE   0 0 90,000
EQUIPOISE CORPORATION & COMMON STOCK CS9000189 3,842 92,158 SH   SOLE   0 0 92,158
MBW COMPANY CLASS A COMMON STOCK COMMON STOCK CS9000197 2,500 120,000 SH   SOLE   0 0 120,000
SHIFT COMMUNICATIONS COMMON STOCK CS9000437 1,920 20,000 SH   SOLE   0 0 20,000
CRAMER & ASSOCIATES COMMON STOCK SU0013957 6,838 50,283 SH   SOLE   50,283 0 0