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U.S. Securities and Exchange Commission

SEC News Digest

Issue 2012-120
June 21, 2012

Commission announcements

SEC Charges Two New Jersey-Based Firms and Owner In Stock-Lending Scheme

The Securities and Exchange Commission today charged a New Jersey businessman with running a stock-lending scheme that defrauded public company officials and brought restricted stock to the market.

Ayuda Equity Funding, LLC and AmeriFund Capital Holdings, LLC, both located in North Butler, New Jersey, and owner Manuel M. Bello, agreed to settle the SEC’s complaint without admitting or denying the allegations.  Bello and the firms jointly agreed to return $3.2 million of allegedly ill-gotten gains, plus interest.  Bello, of Kinnelon, New Jersey, also agreed to pay a $500,000 penalty and be permanently barred from the securities industry. 

The case is the second the SEC has brought this year involving stock lending.  In March, the SEC charged two executives and their California-based firm with defrauding corporate officials in an $8 million stock-lending scheme.

“We are continuing to clamp down on misconduct in the opaque stock-collateralized lending industry,” said Scott W. Friestad, Associate Director of the SEC’s Division of Enforcement.  “Firms cannot induce borrowers to transfer stock to them as purported collateral for loans but then turn right around and sell the borrowers’ stock into the market to fund their operations.”

According to the SEC’s complaint, Ayuda and AmeriFund reaped more than $3.2 million of illegal gains on loans to public company officers and directors who put up stock as collateral.  Although some borrowers received written and oral assurances that the stock would not be sold as long as they did not default on their loan payments, Ayuda and AmeriFund sold the shares before or soon after making the loans, the SEC alleged.

The SEC also alleged that in at least 35 loan transactions, Ayuda and AmeriFund sold the borrowers’ restricted shares into the market without registering the transactions and the firms and Bello themselves failed to register with the SEC as brokers or dealers. Without admitting or denying the SEC’s allegations, Ayuda, AmeriFund, and Bello consented to a final judgment permanently enjoining them from violating federal anti-fraud, broker-dealer registration, and securities registration laws.  The settlement is subject to court approval.

In a separate administrative proceeding, the SEC charged Howard L. Blum, alleging that he brokered numerous transactions for Ayuda without being registered as a broker or dealer.  Blum, without admitting or denying the SEC’s findings, agreed to return more than $1 million of allegedly ill-gotten gains, plus interest, pay a $50,000 penalty, and be suspended from the securities industry for twelve months.

The SEC’s investigation was conducted by Jacob D. Krawitz and supervised by Julie M. Riewe.  (Press Rel. 2012-117)

SEC Charges Florida Broker in Astrology-Based Ponzi Scheme

The Securities and Exchange Commission today charged that a former broker in Orlando, Fla., defrauded investors in an astrology-based Ponzi scheme.

The SEC alleges that Gurudeo “Buddy” Persaud lured family, friends, and others into investing in his firm, White Elephant Trading Company LLC, by falsely guaranteeing their money would be safe and yield lofty returns ranging from 6 to 18 percent.  Persaud told investors he would invest in the debt, stock, futures, and real estate markets, but did not reveal that his trading strategy was based on his belief that markets are affected by gravitational forces.

According to the SEC’s complaint filed in U.S. District Court for the Middle District of Florida, Persaud used investors’ money to make payments to other investors, the hallmark of a Ponzi scheme.  Persaud also lost $400,000 of investor funds through his trading and diverted at least $415,000 to pay for his personal expenses, the SEC alleged.  The same month Persaud began receiving investor money, he started using some of that money for his personal expenses.  The SEC said that Persaud created phony account statements to hide his trading losses and give investors a false sense of security.  

“Persaud preyed on people who trusted him by promising high and steady returns while hiding his unconventional trading strategy,” said Eric I. Bustillo, Director of the SEC’s Miami Regional Office.  “When Persaud blatantly lied to investors and hid their losses through a Ponzi scheme, he should have known that an SEC enforcement action was in the stars.” 

Persaud was a registered representative at a Florida-based broker-dealer but separately operated the now-inactive White Elephant, starting in mid-2007.  In all, Persaud raised more than $1 million from at least 14 investors between July 2007 and January 2010.

The SEC alleges that in making trading decisions, Persaud chiefly relied on an Internet service that provided directional market forecasts based on lunar cycles and gravitational pull.  Persaud’s strategy was premised on the idea that gravitational forces affect mass human behavior, and in turn, the stock market.  For example, Persaud believed that when the moon exerts greater gravitational pull on the Earth, people feel dejected and are more inclined to sell securities.

The SEC’s complaint seeks disgorgement of ill-gotten gains, financial penalties, and injunctive relief against Persaud to enjoin him from future violations of the federal securities laws.

The SEC’s investigation was conducted in the Miami Regional Office by Senior Counsel Rachel K. Paulose and Accountant Karaz S. Zaki under the supervision of Assistant Regional Director Elisha L. Frank, with assistance from examiners Anson Kwong and Brian H. Dyer, Examination Manager George Franceschini, Assistant Regional Director Nicholas A. Monaco, and Associate Regional Director John C. Mattimore.  Amie Riggle Berlin will lead the SEC’s litigation. (Press Rel. 2012-118)


Exemptive Order

An order has been issued granting a limited exemption from Exchange Act Rule 10b-17 to certain actively managed exchange-traded funds pursuant to Exchange Act Rule 10b-17(b)(2). Publication of the proposal is expected in the Federal Register during the week of June 25. (Rel. 34-67215)

Enforcement proceedings

Delinquent Filers’ Stock Registrations Revoked

The registrations of the registered securities of Savoy Resources Corp., SNRG Corp., VTEX Energy, Inc., have been revoked. Each had repeatedly failed to file required annual and quarterly reports with the Securities and Exchange Commission. Thus, each violated a crucial provision of the federal securities laws that requires public corporations to publicly disclose current, accurate financial information so that investors may make informed decisions. The revocations were ordered in an administrative proceeding before an administrative law judge. (Rel. 34-67228; File No. 3-14888)


Designation of Longer Period For Commission Action on Proposed Rule Change

The Commission has designated a longer period for Commission action under Section 19(b)(2) of the Securities Exchange Act of 1934 on a proposed rule change (SR-NYSEArca-2012-37) filed by NYSE Arca, Inc. proposing a pilot program to create a Lead Market Maker issuer incentive program for issuers of certain exchange-traded products listed on NYSE Arca, Inc. Publication is expected in the Federal Register during the week of June 25. (Rel. 34-67222)

Approval of Proposed Rule Change

The Commission granted approval of a proposed rule change (SR-NYSEAmex-2012-24) submitted by NYSE Amex LLC pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 and Rule 19b-4 thereunder to list shares of the Nuveen Long/Short Commodity Total Return Fund under NYSE Amex Rule 1600 et seq. Publication is expected in the Federal Register during the week of June 25. (Rel. 34-67223)

Immediate Effectiveness of Proposed Rule Changes

A proposed rule change filed by NASDAQ OMX BX, Inc. to make a clerical correction to the Grandfathered Rules (SR-BX-2012-040) has become effective pursuant to Section 19(b)(3)(A) of the Securities Exchange Act of 1934. Publication is expected in the Federal Register during the week of June 25. (Rel. 34-67224)

A proposed rule change filed by EDGA Exchange, Inc. to amend EDGA rules to add the Mid-Point Discretionary Order (SR-EDGA-2012-22) has become effective pursuant to Section 19(b)(3)(A) of the Securities Exchange Act of 1934. Publication is expected in the Federal Register during the week of June 25. (Rel. 34-67226)

Institution of Proceedings to Determine Whether to Approve or Disapprove Proposed Rule Change

The Commission instituted proceedings to determine whether to approve or disapprove a proposed rule change (SR-ISE-2012-22), as modified by Amendment No. 1, submitted by the International Securities Exchange, LLC pursuant to Rule 19b-4 under the Securities Exchange Act of 1934, to add an index option product for trading on the exchange. Publication is expected in the Federal Register during the week of June 25. (Rel. 34-67225)

Proposed Rule Change

The Fixed Income Clearing Corporation filed a proposed rule change (SR-FICC-2012-05) under Section 19(b)(1) of the Securities Exchange Act of 1934 to amend the rules regarding the GCF Repo Service to adopt changes recommended by the Tri-Party Repo Infrastructure Reform Task Force. Publication is expected in the Federal Register during the week of June 25. (Rel. 34-67227)


The following registration statements have been filed with the SEC under the Securities Act of 1933. The reported information appears as follows: Form, Name, Address and Phone Number (if available) of the issuer of the security; Title and the number and/or face amount of the securities being offered; Name of the managing underwriter or depositor (if applicable); File number and date filed; Assigned Branch; and a designation if the statement is a New Issue.

Registration statements may be viewed in person in the Commission's Public Reference Branch at 100 F Street, N.E., Washington, D.C. To obtain paper copies, please refer to information on the Commission's Web site at http://www.sec.gov/answers/publicdocs.htm. In most cases, you can view and download this information by using the search function located at http://www.sec.gov/edgar/searchedgar/companysearch.html.

        2539242345 - 6,550,000 ($133,620,000.00) Equity, (File 333-182224 - 
        Jun. 20) (BR. 08C)

S-8     SEMPRA ENERGY, 101 ASH STREET, P O BOX 129400, SAN DIEGO, CA, 92101, 
        6196962000 - 0 ($33,670,000.00) Equity, 0 ($250,000,000.00) Other, 
        (File 333-182225 - Jun. 20) (BR. 02B)

S-8     Burger King Worldwide, Inc., 5505 BLUE LAGOON DRIVE, MIAMI, FL, 33133, 
        305-378-3000 - 0 ($341,993,365.00) Equity, (File 333-182232 - Jun. 20) 
        (BR. 05A)

S-8     ISC8 INC. /DE, 3001 REDHILL AVE, BLDG 4 STE 108, COSTA MESA, CA, 92626, 
        7145498211 - 29,392,830 ($3,527,140.00) Equity, (File 333-182235 - 
        Jun. 20) (BR. 10A)

        NY, 10010, (212) 590-6204 - 
        0 ($30,000,000.00) Unallocated (Universal) Shelf, (File 333-182236 - 
        Jun. 20) (BR. 02C)

        77010, 7137391800 - 5,000,000 ($9,150,000.00) Equity, 
        (File 333-182237 - Jun. 20) (BR. 04B)

        8584537200 - 0 ($254,447,772.00) Equity, (File 333-182238 - Jun. 20) 
        (BR. 01B)

S-8     BARD C R INC /NJ/, 730 CENTRAL AVE, MURRAY HILL, NJ, 07974, 
        9082778000 - 3,500,000 ($346,990,000.00) Equity, (File 333-182239 - 
        Jun. 20) (BR. 10A)

        ORLANDO, FL, 32826, 4073824003 - 3,401,744 ($3,946,023.52) Equity, 
        (File 333-182240 - Jun. 20) (BR. 10B)

        7247585584 - 875,000 ($10,788,750.00) Equity, (File 333-182241 - 
        Jun. 20) (BR. 07C)

        (203) 504-1020 - 0 ($0.00) Unallocated (Universal) Shelf, 
        (File 333-182242 - Jun. 20) (BR. 06C)

S-8     Kior Inc, 13001 BAY PARK ROAD, PASADENA, TX, 77507, 281-694-8700 - 
        3,500,000 ($23,380,000.00) Equity, (File 333-182243 - Jun. 20) (BR. 06B)


Form 8-K is used by companies to file current reports on the following events:


Entry into a Material Definitive Agreement


Termination of a Material Definitive Agreement


Bankruptcy or Receivership


Completion of Acquisition or Disposition of Assets


Results of Operations and Financial Condition


Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant


Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement


Cost Associated with Exit or Disposal Activities


Material Impairments


Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing


Unregistered Sales of Equity Securities


Material Modifications to Rights of Security Holders


Changes in Registrant's Certifying Accountant


Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review


Changes in Control of Registrant


Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officer


Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year


Temporary Suspension of Trading Under Registrant's Employee Benefit Plans


Amendments to the Registrant's Code of Ethics, or Waiver of a Provision of the Code of Ethics


Change in Shell Company Status


ABS Informational and Computational Material.


Change of Servicer or Trustee.


Change in Credit Enhancement or Other External Support.


Failure to Make a Required Distribution.


Securities Act Updating Disclosure.


Regulation FD Disclosure


Other Events


Financial Statements and Exhibits

8-K reports may be viewed in person in the Commission's Public Reference Branch at 100 F Street, N.E., Washington, D.C. To obtain paper copies, please refer to information on the Commission's Web site at http://www.sec.gov/answers/publicdocs.htm. In most cases, you can view and download this information by using the search function located at http://www.sec.gov/edgar/searchedgar/companysearch.html.

NAME OF ISSUER                          CODE     8K ITEM NO.          DATE        COMMENT

ACTIVE POWER INC                        DE       3.01,9.01            06/19/12

ACTUANT CORP                            WI       2.02,9.01            06/20/12

Addus HomeCare Corp                     DE       1.01,9.01            06/18/12

AFFILIATED MANAGERS GROUP INC           DE       5.07                 06/18/12

AFFYMETRIX INC                          DE       8.01,9.01            06/19/12

ALTERRA CAPITAL HOLDINGS Ltd                     8.01                 06/20/12

AMARILLO BIOSCIENCES INC                TX       5.02                 06/20/12

AMERICAN PUBLIC EDUCATION INC           DE       5.02,9.01            06/20/12

AMERICAN TOWER CORP /MA/                DE       5.07,8.01,9.01       06/19/12

Ameris Bancorp                          GA       7.01,9.01            06/20/12

AOL Inc.                                DE       5.07                 06/14/12

Applied Nanotech Holdings, Inc          TX       8.01                 06/19/12

APRICUS BIOSCIENCES, INC.               NV       1.01                 06/19/12

ARENA PHARMACEUTICALS INC               DE       5.02,5.07,9.01       06/15/12

ARKANSAS BEST CORP /DE/                 DE       1.01,2.03,9.01       06/15/12

AspenBio Pharma, Inc.                   CO       1.01,5.03,9.01       06/19/12

ASTORIA FINANCIAL CORP                  DE       8.01,9.01            06/14/12

ASTORIA FINANCIAL CORP                  DE       5.02,9.01            06/20/12

AtheroNova Inc.                         DE       1.01,9.01            06/15/12

ATP OIL & GAS CORP                      TX       1.01,2.03,3.02,9.01  06/20/12

Bank of Commerce Holdings               CA       2.02,9.01            06/20/12

BARD C R INC /NJ/                       NJ       5.03,8.01,9.01       06/15/12

BED BATH & BEYOND INC                   NY       2.02,9.01            06/20/12

BINGO.COM LTD.                          Y6       5.07                 06/20/12

BIOZONE PHARMACEUTICALS, INC.           NV       1.01,9.01            06/13/12

BON TON STORES INC                      PA       8.01,9.01            06/18/12

Boomerang Systems, Inc.                 DE       1.01,2.03,3.02       06/14/12

Brekford Corp.                          DE       5.07                 06/15/12

BSQUARE CORP /WA                        WA       5.02,5.07            06/13/12

CABCO SERIES 2004-102 TRUST (SBC COMM            8.01,9.01            06/15/12

CALLIDUS SOFTWARE INC                   DE       5.07                 06/06/12

Calpian, Inc.                           TX       3.02                 06/19/12

CANTERBURY PARK HOLDING CORP            MN       1.01                 06/15/12

CAPITAL TRUST INC                       MD       5.07                 06/20/12

CardioNet, Inc.                         CA       7.01,9.01            06/20/12

CATERPILLAR INC                         DE       7.01                 06/20/12

CELL THERAPEUTICS INC                   WA       5.02                 06/16/12

CHART INDUSTRIES INC                    DE       7.01,9.01            06/20/12

CHESAPEAKE MIDSTREAM PARTNERS LP        DE       1.01,5.01,5.02,8.01, 06/15/12
CHILDRENS PLACE RETAIL STORES INC                5.02,9.01            06/19/12

China Biologic Products, Inc.                    5.02                 06/20/12

ChinaNet Online Holdings, Inc.          NV       5.07                 06/15/12

CHURCHILL DOWNS INC                     KY       5.07                 06/20/12

CNH CAPITAL RECEIVABLES LLC             DE       1.01,9.01            06/20/12

COMMERCIAL NATIONAL FINANCIAL CORP /P   PA       3.01                 06/19/12

Comstock Mining Inc.                    NV       5.07                 06/19/12

Cornerstone Core Properties REIT, Inc   MD       5.02                 06/15/12

Cornerstone Financial Corp              NJ       3.02                 06/15/12

Coronado Corp.                          NV       8.01                 06/19/12

CPI CORP                                DE       8.01                 06/20/12

CROWN CRAFTS INC                        DE       2.02,9.01            06/20/12

CubeSmart                               MD       1.01,7.01,9.01       06/19/12

CUBIC ENERGY INC                        TX       1.01,8.01,9.01       06/18/12

Customers Bancorp, Inc.                 PA       8.01                 06/20/12

Cyalume Technologies Holdings, Inc.     DE       8.01                 06/15/12

CYTOKINETICS INC                                 8.01,9.01            06/20/12

Cytosorbents Corp                                5.02,7.01,9.01       06/18/12

DARDEN RESTAURANTS INC                  FL       5.02,8.01,9.01       06/18/12

DCB FINANCIAL CORP                      OH       5.07                 06/14/12

DELMARVA POWER & LIGHT CO /DE/          DE       1.01,9.01            06/19/12

Discovery Energy Corp.                  NV       5.07                 05/07/12    AMEND

Eagle Bulk Shipping Inc.                         1.01,3.02,3.03       06/20/12

Earth Energy Reserves, Inc.             NV       5.02                 06/13/12

EATON VANCE CORP                        MD       1.01,9.01            06/15/12

EMCORE CORP                             NJ       1.01                 06/14/12

EMPIRE ENERGY CORP                      UT       8.01                 06/07/12

ENDOCYTE INC                            DE       1.02                 06/15/12

Energy Transfer Equity, L.P.            DE       1.01,9.01            06/15/12

Energy Transfer Partners, L.P.          DE       1.01,9.01            06/15/12

EPOCH HOLDING CORP                      DE       1.01,2.03            06/15/12

ERBA Diagnostics, Inc.                  DE       1.01,9.01            06/15/12

Fifth & Pacific Companies, Inc.         DE       5.02,8.01            06/20/12

FIFTH THIRD BANCORP                     OH       5.07                 04/17/12    AMEND

FIRST CASH FINANCIAL SERVICES INC       DE       1.01,2.01,9.01       06/15/12

Forbes Energy Services Ltd.             D0       1.01,2.03            06/14/12

FORTINET INC                                     5.07                 06/14/12

FUELCELL ENERGY INC                     DE       5.02,9.01            06/14/12

FXCM Inc.                                        1.01,2.03,3.02       06/14/12

GENEREX BIOTECHNOLOGY CORP              DE       5.07                 06/19/12

GenMark Diagnostics, Inc.               DE       7.01,9.01            06/20/12

Georgetown Bancorp, Inc.                MD       8.01,9.01            06/19/12

Georgetown Bancorp, Inc.                X1       8.01,9.01            06/19/12

GEOVIC MINING CORP.                     DE       5.02,5.07,7.01,9.01  06/15/12    AMEND

Gevo, Inc.                              DE       8.01,9.01            06/20/12

GLOBAL SMART ENERGY, INC.               DE       5.03                 06/19/12

Global Telecom & Technology, Inc.       DE       5.07                 06/14/12

GNC HOLDINGS, INC.                      DE       8.01,9.01            06/19/12

GRANT PARK FUTURES FUND LIMITED PARTN   IL       7.01,9.01            06/15/12

Green Global Investments, Inc.          FL       1.01,9.01            06/15/12

GREENLITE VENTURES INC                  NV       5.03,9.01            06/08/12

GRIFFIN LAND & NURSERIES INC            DE       1.01,9.01            06/15/12

Groupon, Inc.                           DE       5.07                 06/19/12

GSI GROUP INC                           A3       5.07                 06/14/12

HEALTH NET INC                          DE       7.01                 06/19/12

Heckmann Corp                           DE       8.01,9.01            04/10/12    AMEND

HERCULES OFFSHORE, INC.                 DE       7.01,9.01            06/20/12

Hilltop Holdings Inc.                   MD       5.07                 06/15/12

IBERIABANK CORP                         LA       5.02,9.01            06/18/12

IDENIX PHARMACEUTICALS INC              DE       8.01,9.01            06/19/12

IMPERIAL INDUSTRIES INC                 DE       2.03,9.01            06/18/12

INDIANA COMMUNITY BANCORP               IN       8.01,9.01            06/20/12

INLAND REAL ESTATE CORP                 MD       8.01,9.01            06/19/12

INTEGRATED DEVICE TECHNOLOGY INC        DE       1.01,5.02,9.01       06/19/12

INTERMUNE INC                           DE       8.01                 06/19/12

InvenSense Inc                          DE       5.02                 06/20/12

IRON MOUNTAIN INC                       DE       5.07,8.01            06/14/12

JACKSONVILLE BANCORP INC /FL/           FL       5.02,8.01,9.01       06/14/12

JANEL WORLD TRADE LTD                   NV       1.01,9.01            06/15/12

JTH Holding, Inc.                       DE       7.01,9.01            06/20/12

Juhl Wind, Inc                                   1.01,3.02,9.01       06/15/12

KAMAN CORP                              CT       8.01,9.01            06/19/12

KERYX BIOPHARMACEUTICALS INC            DE       5.07                 06/19/12

Kior Inc                                DE       5.02                 06/16/12

Kior Inc                                DE       5.02,5.07,9.01       06/20/12

KV PHARMACEUTICAL CO /DE/               DE       5.08                 06/14/12

LA JOLLA PHARMACEUTICAL CO              DE       8.01,9.01            06/07/12

LAS VEGAS RAILWAY EXPRESS, INC.         DE       1.01,3.02,9.01       05/17/12

Liberty Global, Inc.                    DE       5.07                 06/19/12

LOCAL.COM                               DE       5.02,9.01            06/20/12

MAGNEGAS CORP                           DE       8.01                 06/19/12

MERGE HEALTHCARE INC                    DE       5.07                 06/18/12

MGIC INVESTMENT CORP                    WI       8.01,9.01            06/19/12

MHI Hospitality CORP                    MD       1.01,2.03,7.01,9.01  06/15/12

MICRON TECHNOLOGY INC                   DE       2.02,9.01            05/31/12

MIDDLESEX WATER CO                      NJ       8.01,9.01            06/20/12

MOCON INC                               MN       9.01                 06/20/12    AMEND

Morgans Hotel Group Co.                 DE       8.01,9.01            06/19/12

MSC INDUSTRIAL DIRECT CO INC            NY       8.01,9.01            06/20/12

NASB FINANCIAL INC                      MO       8.01                 06/18/12

NAVISTAR INTERNATIONAL CORP             DE       1.01,3.03,5.02,5.03, 06/18/12
NEDAK ETHANOL, LLC                      NE       2.04,7.01,9.01       06/20/12

NEOMAGIC CORP                           DE       5.02,9.01            05/17/12    AMEND

NETWORK ENGINES INC                     DE       1.01,5.02,8.01,9.01  06/18/12

NETWORK EQUIPMENT TECHNOLOGIES INC      DE       1.01,9.01            06/18/12

Neuralstem, Inc.                        DE       5.07,8.01,9.01       06/19/12

NEW AMERICA ENERGY CORP.                NV       1.01,9.01            06/20/12

NEW FRONTIER MEDIA INC                  CO       1.01,9.01            06/19/12

NEWFIELD EXPLORATION CO /DE/            DE       8.01,9.01            06/19/12

NEWS CORP                                        8.01,9.01            06/20/12

NORTHWEST PIPE CO                       OR       5.02,5.07,9.01       06/14/12

Nova Lifestyle, Inc.                    NV       7.01,9.01            06/20/12

NOVELOS THERAPEUTICS, INC.              DE       7.01,9.01            06/19/12

NUTRACEA                                CA       5.07                 06/19/12

Nuveen Diversified Commodity Fund       DE       8.01                 06/19/12

ODYSSEY MARINE EXPLORATION INC          NV       5.07,9.01            06/18/12

OIL DRI CORP OF AMERICA                 DE       8.01                 06/20/12

OLD POINT FINANCIAL CORP                VA       5.02                 06/20/12

OMEGA HEALTHCARE INVESTORS INC          MD       1.01,1.02,9.01       06/19/12

Oncothyreon Inc.                        DE       5.07                 06/07/12

ORIGINOIL INC                           NV       8.01,9.01            06/20/12

Pacific Coast Oil Trust                 DE       2.02,9.01            06/19/12

PALMETTO BANCSHARES INC                 SC       8.01                 06/15/12

Parabel Inc.                            DE       9.01                 10/25/11    AMEND

PARKE BANCORP, INC.                     NJ       5.02                 06/19/12

Pathfinder Cell Therapy, Inc.           DE       2.03,3.02            06/20/12

Pazoo, Inc.                                      1.01,3.02,7.01,9.01  06/19/12

PINNACLE FINANCIAL PARTNERS INC         TN       1.01,2.03,8.01,9.01  06/15/12

PMC COMMERCIAL TRUST /TX                TX       1.01,9.01            06/15/12

POLYMER GROUP INC                       DE       5.02                 06/14/12

POWERWAVE TECHNOLOGIES INC              DE       3.01                 06/15/12

POZEN INC /NC                                    8.01,9.01            06/15/12

Precision Aerospace Components, Inc.             8.01,9.01            06/19/12

PRIMUS TELECOMMUNICATIONS GROUP INC     DE       8.01,9.01            06/20/12

PROCTER & GAMBLE Co                     OH       7.01                 06/20/12

PROGUARD ACQUISITION CORP               FL       5.01,5.02,5.03,5.05, 06/18/12    AMEND
PSB HOLDINGS INC /WI/                   WI       2.01,8.01,9.01       06/14/12

PUBLIC SERVICE ENTERPRISE GROUP INC     NJ       5.02,9.01            06/19/12

QUEST SOFTWARE INC                      CA       1.01,9.01            06/19/12

Quest Water Global, Inc.                DE       1.01,2.01,3.02,4.01, 01/06/12    AMEND
RAYMOND JAMES FINANCIAL INC             FL       7.01,9.01            06/20/12

RED HAT INC                             DE       2.02,9.01            06/20/12

REUNION INDUSTRIES INC                  DE       8.01                                           12/31/11

RF MONOLITHICS INC /DE/                 DE       8.01                 06/20/12

Rosetta Resources Inc.                  DE       8.01                 06/18/12

ROYAL BANCSHARES OF PENNSYLVANIA INC    PA       5.02,9.01            06/14/12

ROYAL GOLD INC                          DE       1.01,2.03,8.01,9.01  06/14/12

ROYAL MINES & MINERALS CORP             NV       1.01,9.01            06/14/12

Rubicon Technology, Inc.                DE       5.07                 06/15/12

Ruths Hospitality Group, Inc.           DE       2.02,9.01            06/20/12

S&T BANCORP INC                         PA       5.02,9.01            06/18/12

SA Recovery Corp.                                1.01,2.01,5.01,5.03, 06/19/12
SafeStitch Medical, Inc.                DE       5.07                 06/19/12

SAIC, Inc.                                       5.03,5.07,8.01,9.01  06/15/12

SALIX PHARMACEUTICALS LTD                        5.07                 06/14/12

SARATOGA RESOURCES INC /TX              TX       5.07                 06/18/12

SATCON TECHNOLOGY CORP                  DE       3.01                 06/19/12

SELECT COMFORT CORP                     MN       1.01,9.01            06/18/12

SilverSun Technologies, Inc.            DE       1.01,2.01,9.01       06/14/12

SOHU COM INC                            DE       5.07                 06/15/12

SONIC CORP                              DE       2.02,9.01            06/20/12

SOUTHERN MICHIGAN BANCORP INC           MI       7.01,9.01            06/20/12

STEELCASE INC                           MI       2.02,7.01,9.01       06/20/12

STEIN MART INC                          FL       5.07,9.01            06/19/12

STELLAR PHARMACEUTICALS INC                      7.01,9.01            06/20/12

SUN HEALTHCARE GROUP INC                DE       1.01,5.02,8.01,9.01  06/20/12

SunCoke Energy, Inc.                             7.01,9.01            06/20/12

TAYLOR CAPITAL GROUP INC                DE       8.01,9.01            06/18/12

TERADATA CORP /DE/                               1.01,2.03,9.01       06/15/12

Terreno Realty Corp                     MD       1.01,2.03            06/15/12

THQ INC                                 DE       5.02                 06/14/12

Titanium Asset Management Corp          DE       5.07                 06/18/12

TORTOISE CAPITAL RESOURCES CORP                  8.01,9.01            06/20/12

TORVEC INC                              NY       5.07,8.01            06/14/12

TRINITY CAPITAL CORP                    NM       8.01,9.01            06/20/12

TRONOX INC                              DE       8.01                 06/15/12

Tronox Ltd                              C3       1.01,2.01,2.03,3.03, 06/15/12
TUTOR PERINI Corp                       MA       5.02                 06/14/12

UNITED BANCORP INC /MI/                 MI       5.02,9.01            06/18/12

UNIVERSAL ELECTRONICS INC               DE       5.07                 06/13/12

URBAN OUTFITTERS INC                    PA       1.01                 06/14/12

US AIRWAYS GROUP INC                    DE       5.05,5.07,9.01       06/14/12

USA Mobility, Inc                       DE       5.02,9.01            06/20/12

UTG INC                                          5.07                 06/20/12

VALENCE TECHNOLOGY INC                  DE       3.01,9.01            06/19/12

VICTORY ENERGY CORP                     NV       8.01,9.01            06/18/12

VICTORY ENERGY CORP                     NV       4.01                 06/18/12

VUMEE INC.                              NV       5.02                 05/17/12

WASHINGTON TRUST BANCORP INC            RI       5.02,9.01            06/18/12

WAVE SYSTEMS CORP                       DE       5.07                 06/19/12

WELLS FARGO & COMPANY/MN                DE       9.01                 06/20/12

WEST PHARMACEUTICAL SERVICES INC        PA       7.01                 06/20/12

Western Gas Partners LP                 DE       1.01,9.01            06/19/12

WEYERHAEUSER CO                         WA       5.02                 06/14/12

WSI INDUSTRIES, INC.                    MN       2.02,8.01,9.01       06/19/12

XTRALINK Corp                           NV       2.01,5.06,9.01       06/10/12

Zalicus Inc.                            DE       1.01,9.01            06/19/12

Zeltiq Aesthetics Inc                   DE       5.07                 06/15/12

ZIONS BANCORPORATION /UT/               UT       8.01,9.01            06/13/12



Modified: 06/21/2012