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
AZZ COMMON STOCK 002474104 209 5,000 SH   SOLE   5,000 0 0
AMERICA'S CAR-MART INC COMMON STOCK 03062T105 203 4,500 SH   SOLE   4,500 0 0
ANCHOR COMMON STOCK 032838104 1,750 101,189 SH   SOLE   101,189 0 0
ARROW ELECTRONICS INC COMMON STOCK 042735100 214 4,400 SH   SOLE   4,400 0 0
ASHFORD HOSPITALITY COMMON STOCK 044103109 234 19,000 SH   SOLE   19,000 0 0
BARNES GROUP INC COMMON STOCK 067806109 206 5,900 SH   SOLE   5,900 0 0
BELDEN COMMON STOCK 077454106 250 3,900 SH   SOLE   3,900 0 0
CAMBREX CORP COMMON STOCK 132011107 193 14,652 SH   SOLE   14,652 0 0
CARRIZO OIL & GAS COMMON STOCK 144577103 235 6,300 SH   SOLE   6,300 0 0
COMMERCIAL VEHICLE GROUP COMMON STOCK 202608105 144 18,100 SH   SOLE   18,100 0 0
DARLING COMMON STOCK 237266101 222 10,500 SH   SOLE   10,500 0 0
GAMESTOP CORPORATION COMMON STOCK 36467W109 340 6,852 SH   SOLE   6,852 0 0
GRIFFON COMMON STOCK 398433102 154 12,300 SH   SOLE   12,300 0 0
GROUP 1 AUTOMOTIVE COMMON STOCK 398905109 315 4,052 SH   SOLE   4,052 0 0
INVACARE COMMON STOCK 461203101 190 11,000 SH   SOLE   11,000 0 0
JP MORGAN COMMON STOCK 46625H100 33 630 SH   SOLE   590 0 40
JP MORGAN COMMON STOCK 46625H100 1,195 23,122 SH   OTR   0 0 23,122
MANITOWOC CO INC COMMON STOCK 563571108 239 12,200 SH   SOLE   12,200 0 0
MEADOWBROOK COMMON STOCK 58319P108 79 12,100 SH   SOLE   12,100 0 0
NCR CORPORATION COMMON STOCK 62886E108 355 8,952 SH   SOLE   8,952 0 0
NEWMARKET COMMON STOCK 651587107 245 852 SH   SOLE   852 0 0
SM ENERGY COMMON STOCK 78454L100 247 3,200 SH   SOLE   3,200 0 0
TTM TECHNOLOGIES INC COMMON STOCK 87305R109 170 17,444 SH   SOLE   17,444 0 0
WAL-MART COMMON STOCK 931142103 743 10,050 SH   SOLE   10,000 0 50
MONA VIE INC CAPITAL STOCK COMMON STOCK CS0002598 9,132 12,861,861 SH   SOLE   12,861,861 0 0
DAKOTA SUPPLY GROUP COMMON STOCK CS9000114 96,603 166,476 SH   SOLE   0 0 166,476
CARVER MACHINE WORKS COMMON STOCK CS9000122 2,583 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
HAVILAND ENTERPRISES COMMON STOCK CS9000569 18,587 853,395 SH   SOLE   0 0 853,395
CRAMER & ASSOCIATES COMMON STOCK SU0013957 6,838 50,283 SH   SOLE   50,283 0 0