X0306 4 2014-09-18 0 0000728331 SUTRON CORP STRN 0001472885 Perlus Microcap Fund L.P. 5TH FLOOR, 37 ESPLANADE ST. HELIER CHANNEL ISLANDS Y9 JE1 2TR JERSEY 0 0 1 0 0001601068 PERLUS INVESTMENT MANAGEMENT LLP NORTH HALL FARM ROAD NORTH HALL ROAD QUENDON, ESSEX X0 CB113XP UNITED KINGDOM 0 0 1 0 0001620047 PVAM HOLDINGS LTD. 600 MONTGOMERY STREET 6TH FLOOR SAN FRANCISCO CA 94111 0 0 1 0 Common Stock 636141 D Common Stock 2014-09-18 4 P 0 56979 5.1524 A 693120 D Common Stock 19758 I (2) PVAM Perlus Microcap Fund L.P. (formerly The Perlus Microcap Fund L.P.) is the beneficial owner of the shares of common stock of Sutron Corporation (the "Shares"). The Shares are held in the account of PVAM Perlus Microcap Fund L.P., the investments of which are managed by Pacific View Asset Management (UK) LLP (formerly Perlus Investment Management LLP) of which PVAM Holdings Ltd. ("PVAM") is the managing member. Pacific View Asset Management (UK) LLP ("PVAM LLP") exercises voting power and shares dispositive control over the Shares and PVAM shares indirect voting and dispositive power over the Shares. Each of PVAM and PVAM LLP disclaims beneficial ownership of the Shares, except to the extent of any pecuniary interest therein. This report shall not be deemed an admission that either PVAM or PVAM LLP is a beneficial owner of the Shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or any other purpose. PVAM LLP holds these shares in a managed account on behalf of its client and has voting and dispositive power over the Shares. PVAM Perlus Microcap Fund L.P., PVAM and PVAM LLP disclaim any beneficial ownership of these shares. /s/ Ashley Le Feuvre 2014-09-22