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
Chevrontexaco Corp Common 166764100 313 2,400 SH   SOLE 0 2,400 0 0
China Housing and Land Develop Common 16939V103 1,351 746,518 SH   OTR 1 0 0 746,518
China Housing and Land Develop Common 16939V103 9,868 5,452,056 SH   SOLE 0 5,452,056 0 0
China Pharma Hldgs Inc Com Common 16941T104 42 108,455 SH   OTR 1 0 0 108,455
China Pharma Hldgs Inc Com Common 16941T104 419 1,052,827 SH   SOLE 0 1,052,827 0 0
China Ritar Power Corp Common 169423100 309 618,149 SH   OTR 1 0 0 618,149
China Ritar Power Corp Common 169423100 4,163 8,325,796 SH   SOLE 0 8,325,796 0 0
China Sky One Med Inc Com Common 16941P102 116 1,164,422 SH   SOLE 0 1,164,422 0 0
China Yida Hldg Co Com New Common 16945D303 3,128 942,769 SH   SOLE 0 942,769 0 0
Conocophillips Nfs Llc Is Common 20825C104 2,365 27,580 SH   OTR 1 0 0 27,580
Conocophillips Nfs Llc Is Common 20825C104 11,581 135,088 SH   SOLE 0 135,088 0 0
DNB Nor Asa Ord Shs Common R1812S105 7,184 392,900 SH   OTR 1 0 0 392,900
DNB Nor Asa Ord Shs Common R1812S105 40,304 2,204,273 SH   SOLE 0 2,204,273 0 0
Exxon Mobil Corporation Common 30231G102 352 3,500 SH   SOLE 0 3,500 0 0
Helgeland Sparebank Nok50 Grun Common R3099U100 1,096 129,300 SH   OTR 1 0 0 129,300
Helgeland Sparebank Nok50 Grun Common R3099U100 6,012 709,441 SH   SOLE 0 709,441 0 0
Jiangbo Pharmaceuticals Inc Common 47737R101 19 744,696 SH   SOLE 0 744,696 0 0
Liandi Clean Technology Inc Co Common 52989W105 1,700 2,742,093 SH   SOLE 0 2,742,093 0 0
Sandnes Sparebank Primary Ca Common R74676108 494 34,294 SH   SOLE 0 34,294 0 0
Shengtai Pharmaceutical Inc Common 823214200 275 1,796,743 SH   SOLE 0 1,796,743 0 0
Sparebank 1 Nord-Norge Grunnfo Common R8288N106 1,959 338,634 SH   OTR 1 0 0 338,634
Sparebank 1 Nord-Norge Grunnfo Common R8288N106 11,547 1,995,891 SH   SOLE 0 1,995,891 0 0
Sparebank 1 SR Bk Nok25 Common ZZC51KUR4 574 59,000 SH   OTR 1 0 0 59,000
Sparebank 1 SR Bk Nok25 Common ZZC51KUR4 2,968 304,807 SH   SOLE 0 304,807 0 0
Sparebanken Midt Norge Common R83262114 611 69,160 SH   OTR 1 0 0 69,160
Sparebanken Midt Norge Common R83262114 3,490 394,780 SH   SOLE 0 394,780 0 0
Sparebanken Ost Nok10 Common R1984E108 1,385 187,166 SH   SOLE 0 187,166 0 0
Sparebanken Vest N0k25 Grunnfo Common R8323C107 120 14,900 SH   OTR 1 0 0 14,900
Sparebanken Vest N0k25 Grunnfo Common R8323C107 1,259 156,648 SH   SOLE 0 156,648 0 0
Storebrand ASA Ser A Common R85746106 3,591 638,200 SH   OTR 1 0 0 638,200
Storebrand ASA Ser A Common R85746106 19,320 3,433,320 SH   SOLE 0 3,433,320 0 0
Tianyin Pharmaceutical Co Inc Common 88630M104 1,145 1,590,669 SH   SOLE 0 1,590,669 0 0
Total Fina SA ADR Common 89151E109 5,183 71,781 SH   OTR 1 0 0 71,781
Total Fina SA ADR Common 89151E109 30,966 430,535 SH   SOLE 0 430,535 0 0
Totens Sparebank Nok60 Common R92151100 1,177 119,826 SH   SOLE 0 119,826 0 0
Yuhe Intl Inc Com Common 988432100 26 519,475 SH   SOLE 0 519,475 0 0