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
AIR METHODS CORP COM PAR $.06 009128307 3,204 94,000 SH   SOLE   94,000 0 0
AIR TRANSPORT SERVICES GRP I COM 00922R105 3,088 361,113 SH   SOLE   361,113 0 0
AMERICAN AXLE & MFG HLDGS IN COM 024061103 218 10,913 SH   SOLE   10,913 0 0
AMERICAN EAGLE OUTFITTERS NE COM 02553E106 1,211 77,500 SH   SOLE   77,500 0 0
AMTECH SYS INC COM PAR $0.01N 032332504 918 213,525 SH   SOLE   213,525 0 0
ARC GROUP WORLDWIDE INC COM 00213H105 106 58,907 SH   SOLE   58,907 0 0
AXCELIS TECHNOLOGIES INC COM 054540109 1,712 641,186 SH   SOLE   641,186 0 0
BUILD A BEAR WORKSHOP COM 120076104 2,379 125,937 SH   SOLE   125,937 0 0
CALIX INC COM 13100M509 1,711 219,637 SH   SOLE   219,637 0 0
CANADIAN SOLAR INC COM 136635109 1,162 69,900 SH   SOLE   69,900 0 0
CASELLA WASTE SYS INC CL A 147448104 3,071 529,527 SH   SOLE   529,527 0 0
CHRISTOPHER & BANKS CORP COM 171046105 280 252,565 SH   SOLE   252,565 0 0
DIGITAL TURBINE INC COM NEW 25400W102 1,955 1,080,100 SH   SOLE   1,080,100 0 0
DIGITALGLOBE INC COM NEW 25389M877 2,791 146,726 SH   SOLE   146,726 0 0
E HOUSE CHINA HLDGS ADR 26852W103 943 158,686 SH   SOLE   158,686 0 0
EMERGENT CAP INC COM 29102N105 4,646 852,467 SH   SOLE   852,467 0 0
FEDERATED NATL HLDG CO COM 31422T101 815 33,938 SH   SOLE   33,938 0 0
KIMBALL INTL INC CL B 494274103 1,754 185,419 SH   SOLE   185,419 0 0
KVH INDS INC COM 482738101 3,677 367,744 SH   SOLE   367,744 0 0
LEJU HLDGS LTD SPONSORED ADS 50187J108 609 109,020 SH   SOLE   109,020 0 0
MATTSON TECHNOLOGY INC COM 577223100 789 338,638 SH   SOLE   338,638 0 0
MEETME INC COM 585141104 2,565 1,623,102 SH   SOLE   1,623,102 0 0
NN INC COM 629337106 1,647 89,000 SH   SOLE   89,000 0 0
NOBILIS HEALTH CORP COM 65500B103 1,321 253,100 SH   SOLE   253,100 0 0
ORION MARINE GROUP INC COM 68628V308 874 146,222 SH   SOLE   146,222 0 0
PEAK RESORTS INC COM 70469L100 1,144 166,009 SH   SOLE   166,009 0 0
PETROQUEST ENERGY INC COM 716748108 377 321,808 SH   SOLE   321,808 0 0
PIXELWORKS INC COM NEW 72581M305 2,277 630,870 SH   SOLE   630,870 0 0
POWERSECURE INTL INC COM 73936N105 1,699 147,484 SH   SOLE   147,484 0 0
PRGX GLOBAL INC COM NEW 69357C503 1,449 384,482 SH   SOLE   384,482 0 0
PROVIDENCE SVC CORP COM 743815102 2,699 61,928 SH   SOLE   61,928 0 0
RCI HOSPITALITY HLDGS INC COM 74934Q108 1,758 168,673 SH   SOLE   168,673 0 0
REAL IND INC COM 75601W104 781 88,556 SH   SOLE   88,556 0 0
REALD INC COM 75604L105 2,834 294,929 SH   SOLE   294,929 0 0
SAFEGUARD SCIENTIFICS INC COM NEW 786449207 2,219 142,763 SH   SOLE   142,763 0 0
SONIC AUTOMOTIVE INC CL A 83545G102 1,105 54,134 SH   SOLE   54,134 0 0
STREAMLINE HEALTH SOLUTIONS COM 86323X106 1,037 452,722 SH   SOLE   452,722 0 0
TELENAV INC COM 879455103 3,497 447,707 SH   SOLE   447,707 0 0
TITAN INTL INC ILL COM 88830M102 992 150,000 SH   SOLE   150,000 0 0
TRAVELCENTERS AMER LLC COM 894174101 1,222 118,322 SH   SOLE   118,322 0 0
TRINITY BIOTECH PLC SPON ADR NEW 896438306 630 55,045 SH   SOLE   55,045 0 0
ULTRA CLEAN HLDGS INC COM 90385V107 1,350 235,115 SH   SOLE   235,115 0 0
UNITED ONLINE INC COM NEW 911268209 1,177 117,707 SH   SOLE   117,707 0 0
USA TECHNOLOGIES INC COM NO PAR 90328S500 675 271,283 SH   SOLE   271,283 0 0
WABASH NATL CORP COM 929566107 847 80,000 SH   SOLE   80,000 0 0
XINYUAN REAL ESTATE CO LTD SPONS ADR 98417P105 2,074 732,715 SH   SOLE   732,715 0 0
XPLORE TECHNOLOGIES CORP COM PAR $0.001 983950700 953 179,723 SH   SOLE   179,723 0 0