Lamassu Holdings sent a letter to Ditech Networks nominating two candidates for election to the board at the 2009 annual meeting. The group's nominees are Tim Leehealey, co-founder and managing member of Lamassu, and Frank J. Sansone, who recently served as the chief financial officer for LiveOffice. Lamassu Holdings presently holds 2,399,845 shares (9.1% of the total outstanding).

Hot Creek Capital and its affiliates are concerned with several governance issues at Premier Financial related to the company's proposed merger with Abigail Adams National Bancorp (AANB). Earlier this year, Premier announced plans to acquire Abigail Adams in a stock deal valued at about $10.9 million. Hot Creek believes there are "clear conflict of interest issues" regarding the company's disclosure documents related to the merger. It also has "serious doubts" as to the independence of Premier's board. And it has called for Premier's board to terminate the merger pact with Abigail Adams. Hot Creek and its affiliates currently hold 66,775 shares (1.05%).

A group including Falck Danmark raised its position to 1,653,033 shares (6.65%), after buying 428,266 from April 30 to May 12 at prices ranging from $1.34 to $1.96 each.

Superconductor Technologies (SCON) An investment group including Kopp Investment Advisors raised its holdings to 2,307,500 shares (12.34%), after buying 313,900 from May 11 to May 15 at $2.91 to $3.33 a share

A group including Red Mountain Capital Partners increased its holdings to 6,976,516 shares (11%), after buying 647,500 from May 20 to May 22 at $1 to $1.07 apiece.

Bulldog Investors raised its stake to 2,321,821 shares (8.61%), after buying 460,240 from May 19 to May 22 at $7.97 to $8 per share.

Prides Capital Partners reduced its ownership to 1,531,412 common shares (8.8%), after selling 134,225 from May 12 to May 21 at $6.38 to $7.31 each.

A group including Inland Investment Advisors reduced its stake to 2,858,122 shares (6%), after selling 992,600 from May 18 to May 26 at $2.64 to $2.85 a share.