Ark Restauraunts Corp.

Today we purchased 350 shares of Ark Restauraunts Corp. (ARKR) at $14.30 per share, and will look to purchase additional shares upon a decline in price. Ark is a small company which owns and operates a number of unique conventional and fast food restauraunts which generate solid returns on assets, and which operates with a very conservative balance sheet. Look for a full write-up on this investment shortly.