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
AT&T INC COM 00206R102 281 7,956 SH   DFND   6,348 0 1,608
AGRIUM INC COM 008916108 796 8,685 SH   DFND   2,150 0 6,535
AIR PRODUCTS& CHEMICALS INC COM 009158106 299 2,323 SH   DFND   1,380 0 943
AMERICAN CAPITAL LIMITED COM 02503Y103 1,555 101,725 SH   DFND   31,915 0 69,810
AMERICAN EXPRESS CO COM 025816109 1,872 19,736 SH   DFND   8,776 0 10,960
AMGEN INC COM 031162100 1,742 14,717 SH   DFND   6,315 0 8,402
APPLE INC COM 037833100 5,970 64,237 SH   DFND   28,154 0 36,083
BAKER HUGHES INC. COM 057224107 2,051 27,551 SH   DFND   12,100 0 15,451
BAXTER INTERNATIONAL INC COM 071813109 1,761 24,360 SH   DFND   10,820 0 13,540
BOEING COMPANY COM 097023105 691 5,429 SH   DFND   2,975 0 2,454
CBS CORP. COM 124857202 1,674 26,934 SH   DFND   11,910 0 15,024
CATERPILLAR INC DEL COM 149123101 1,963 18,066 SH   DFND   7,850 0 10,216
CELGENE CORP. COM 151020104 1,957 22,790 SH   DFND   9,880 0 12,910
CHICAGO BRIDGE& IRON COM 167250109 539 7,900 SH   DFND   0 0 7,900
CHIMERA INVESTMENT CORP COM 16934Q109 32 10,000 SH   DFND   0 0 10,000
CISCO SYS INC COM 17275R102 1,579 63,538 SH   DFND   28,350 0 35,188
COCA-COLA COMPANY COM 191216100 1,461 34,496 SH   DFND   15,100 0 19,396
COLGATE PALMOLIVE CO COM 194162103 268 3,936 SH   DFND   2,090 0 1,846
COSTCO WHSL CORP COM 22160K105 1,435 12,460 SH   DFND   5,250 0 7,210
CUMMINS INC COM 231021106 477 3,090 SH   DFND   1,935 0 1,155
DEVON ENERGY COM 25179M103 2,003 25,231 SH   DFND   10,500 0 14,731
DIAGEO PLC COM 25243Q205 1,553 12,204 SH   DFND   5,532 0 6,672
DISNEY WALT CO COM 254687106 2,033 23,715 SH   DFND   10,510 0 13,205
DOMINION RESOURCES INC (NEW) COM 25746U109 623 8,710 SH   DFND   6,445 0 2,265
DU PONT E I DE NEMOURS& CO COM 263534109 1,979 30,246 SH   DFND   15,465 0 14,781
EBAY INC COM 278642103 1,730 34,563 SH   DFND   15,500 0 19,063
EMBRAER SA COM 29082A107 2,068 56,758 SH   DFND   25,895 0 30,863
ENERGY TRANSFER PARTNERS COM 29273R109 247 4,260 SH   DFND   2,015 0 2,245
FMC CORP COM 302491303 488 6,850 SH   DFND   0 0 6,850
FIRST TRUST NYSE ARCA BIOTECHNOLOGY IND 33733E203 232 2,818 SH   DFND   400 0 2,418
FIRST TRUST DOW JONES INTERNET INDEX FUND 33733E302 297 4,984 SH   DFND   1,250 0 3,734
FLUOR CORP. COM 343412102 1,576 20,491 SH   DFND   9,310 0 11,181
FRANKLIN RESOURCES INC COM 354613101 1,490 25,768 SH   DFND   11,070 0 14,698
FREEPORT MCMORAN, INC. COM 35671D857 1,622 44,429 SH   DFND   20,650 0 23,779
GENERAL ELEC CO COM 369604103 1,767 67,250 SH   DFND   31,890 0 35,360
GILEAD SCIENCES INC COM 375558103 2,255 27,195 SH   DFND   11,860 0 15,335
GOLDMAN SACHS GROUP INC COM 38141G104 1,624 9,700 SH   DFND   4,210 0 5,490
GOOGLE INC CL C COM 38259P706 2,020 3,511 SH   DFND   1,563 0 1,948
HARLEY DAVIDSON INC COM 412822108 1,671 23,919 SH   DFND   10,500 0 13,419
HERTZ GLOBAL HOLDINGS INC COM 42805T105 280 10,000 SH   DFND   0 0 10,000
HONEYWELL COM 438516106 2,320 24,957 SH   DFND   8,602 0 16,355
ILLUMINA INC. COM 452327109 384 2,150 SH   DFND   965 0 1,185
INTEL CORP COM 458140100 243 7,875 SH   DFND   5,375 0 2,500
INTERNATIONAL BUSINESS MACHS COM 459200101 549 3,027 SH   DFND   2,053 0 974
ISHARES US FINANCIAL SERVICE ETF 464287770 327 3,875 SH   DFND   950 0 2,925
JPMORGAN CHASE& CO COM 46625H100 2,943 51,077 SH   DFND   20,895 0 30,182
JOHNSON& JOHNSON COM 478160104 811 7,749 SH   DFND   5,500 0 2,249
LILLY& CO. COM 532457108 202 3,250 SH   DFND   2,000 0 1,250
LOWES CO INC COM 548661107 1,850 38,543 SH   DFND   17,120 0 21,423
MACY'S INC COM 55616P104 428 7,380 SH   DFND   4,375 0 3,005
MANULIFE FINANCIAL CORP. COM 56501R106 1,771 89,120 SH   DFND   36,900 0 52,220
MASTERCARD COM 57636Q104 1,632 22,216 SH   DFND   9,460 0 12,756
MCDONALDS CORP COM 580135101 1,729 17,167 SH   DFND   8,385 0 8,782
MEDTRONIC INC COM 585055106 2,014 31,587 SH   DFND   13,700 0 17,887
MERCK& CO. INC. COM 58933Y105 1,722 29,769 SH   DFND   12,568 0 17,201
MICROSOFT CORP COM 594918104 1,881 45,103 SH   DFND   19,870 0 25,233
NCR CORPORATION COM 62886E108 2,297 65,446 SH   DFND   28,000 0 37,446
NEW RESIDENTIAL INVESTMENT CORP. 64828T102 63 10,000 SH   DFND   0 0 10,000
NIKE INC CL B COM 654106103 2,140 27,600 SH   DFND   12,200 0 15,400
NORFOLK& SOUTHERN COM 655844108 1,827 17,736 SH   DFND   7,800 0 9,936
NUANCE COMMUNICATIONS COM 67020Y100 203 10,800 SH   DFND   0 0 10,800
NUCOR CORP. COM 670346105 1,513 30,717 SH   DFND   13,350 0 17,367
OCCIDENTAL PETROLEUM COM 674599105 455 4,430 SH   DFND   2,330 0 2,100
PHILIP MORRIS INTL INC COM 718172109 1,761 20,884 SH   DFND   11,452 0 9,432
PROCTER& GAMBLE CO COM 742718109 1,596 20,311 SH   DFND   9,952 0 10,359
PROVECTUS BIOPHARMACEUTICALS COM 74373P108 22 25,000 SH   DFND   0 0 25,000
PUBLIC STORAGE COM 74460D109 1,501 8,761 SH   DFND   4,185 0 4,576
TOMBSTONE EXPLORATION CORP. COM 74621P207 5 100,000 SH   SOLE   100,000 0 0
QUALCOMM INC COM 747525103 2,704 34,138 SH   DFND   12,270 0 21,868
RITE AID CORP COM 767754104 78 10,935 SH   DFND   0 0 10,935
RYDEX (GUGGENHEIM) S&P 500 EQUAL WEIGHT INDE 78355W106 560 7,296 SH   DFND   1,500 0 5,796
SANDRIDGE ENERGY COM 80007P307 499 69,810 SH   DFND   11,550 0 58,260
SAP AG COM 803054204 1,548 20,104 SH   DFND   8,850 0 11,254
SCHLUMBERGER LIMITED COM 806857108 2,598 22,024 SH   DFND   9,610 0 12,414
SIEMENS AG COM 826197501 1,588 12,025 SH   DFND   5,175 0 6,850
SIMON PPTY GROUP INC COM 828806109 1,492 8,972 SH   DFND   4,160 0 4,812
STATE STREET CORP COM 857477103 1,580 23,497 SH   DFND   10,400 0 13,097
TIFFANY& CO COM 886547108 1,633 16,293 SH   DFND   7,280 0 9,013
TIMKEN CO COM 887389104 305 4,500 SH   DFND   2,675 0 1,825
US BANCORP COM 902973304 1,730 39,934 SH   DFND   17,850 0 22,084
VALERO ENERGY COM 91913Y100 2,339 46,679 SH   DFND   21,925 0 24,754
VANGUARD INFORMATION TECHNOLOGY SECTOR 92204A702 205 2,115 SH   DFND   0 0 2,115
VANGUARD SMALL-CAP INDEX ETF COM 922908751 570 4,864 SH   DFND   700 0 4,164
VERIZON COMMUNICATIONS COM 92343V104 1,734 35,432 SH   DFND   17,812 0 17,620
WEYERHAEUSER COM 962166104 1,605 48,498 SH   DFND   21,000 0 27,498
YAHOO INC COM 984332106 1,669 47,503 SH   DFND   20,000 0 27,503
ACTAVIS PLC COM G0083B108 2,066 9,262 SH   DFND   4,110 0 5,152
EATON CORP PLC COM G29183103 1,786 23,135 SH   DFND   9,980 0 13,155