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
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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
ATLANTICA YIELD PLC SHS G0751N103 8,242 425,946 SH   SOLE   425,946 0 0
BLOOMIN BRANDS INC COM 094235108 22,954 1,273,100 SH Put SOLE   1,273,100 0 0
BONANZA CREEK ENERGY INC COM 097793103 1,020 1,000,000 SH   SOLE   1,000,000 0 0
CONCORDIA INTERNATIONAL CORP COM 20653P102 2,977 1,404,183 SH   SOLE   1,404,183 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 18,573 270,000 SH Put SOLE   270,000 0 0
GLOBALSTAR INC COM 378973408 37,111 23,488,000 SH   SOLE   23,488,000 0 0
HALLIBURTON CO COM 406216101 8,925 165,000 SH   SOLE   165,000 0 0
JONES ENERGY INC COM CL A 48019R108 5,187 1,037,460 SH   SOLE   1,037,460 0 0
KROGER CO COM 501044101 20,095 582,300 SH   SOLE   582,300 0 0
MICRON TECHNOLOGY INC COM 595112103 21,920 1,000,000 SH   SOLE   1,000,000 0 0
NAVIOS MARITIME ACQUIS CORP SHS Y62159101 934 549,659 SH   SOLE   549,659 0 0
NAVIOS MARITIME HOLDINGS INC COM Y62196103 3,757 2,664,554 SH   SOLE   2,664,554 0 0
PENNEY J C INC COM 708160106 2,493 300,000 SH   SOLE   300,000 0 0
SAFE BULKERS INC COM Y7388L103 2,415 2,100,000 SH   SOLE   2,100,000 0 0
SCORPIO BULKERS INC COM Y7546A122 6,623 1,311,475 SH   SOLE   1,311,475 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 652,708 2,920,000 SH Put SOLE   2,920,000 0 0
VALERO ENERGY CORP NEW COM 91913Y100 2,733 40,000 SH   SOLE   40,000 0 0