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
ALLEGION, PLC COM G0176J109 320 3,592 SH   SOLE   3,592 0 0
ALLIED MOTION COM 019330109 180 6,300 SH   SOLE   6,300 0 0
AMERCO COM 023586100 10,032 19,865 SH   SOLE   19,865 0 0
ASTRONICS COM 046433108 99 12,730 SH   SOLE   12,730 0 0
ATRION CP COM 049904105 86 157 SH   SOLE   157 0 0
BEACON ROOFING COM 073685109 216 4,000 SH   SOLE   4,000 0 0
BERRY PLASTICS COM 08579W103 1,008 21,918 SH   SOLE   21,918 0 0
BRISTOL MYERS COM 110122108 891 12,638 SH   SOLE   12,638 0 0
BUILDERS F.S. COM 12008R107 554 9,471 SH   SOLE   9,471 0 0
CARLISLE CO. COM 142339100 98 350 SH   SOLE   350 0 0
CARRIER GLOBAL COM 14448C104 816 23,317 SH   SOLE   23,317 0 0
CHASE CORP. COM 16150R104 3,985 48,008 SH   SOLE   48,008 0 0
CHEMOURS COM 163851108 178 7,400 SH   SOLE   7,400 0 0
CIRCOR INT'L COM 17273K109 112 7,022 SH   SOLE   7,022 0 0
CONOCOPHILLIPS COM 20825C104 3,986 39,081 SH   SOLE   39,081 0 0
CORE MOLDINGS COM 218683100 478 50,295 SH   SOLE   50,295 0 0
CRANE CO. COM 224399105 1,276 14,666 SH   SOLE   14,666 0 0
DELTA APPAREL COM 247368103 5,576 405,561 SH   SOLE   405,561 0 0
DENNY'S CORP. COM 24869P104 360 38,871 SH   SOLE   38,871 0 0
DORMAN PROD COM 258278100 103 1,254 SH   SOLE   1,254 0 0
DOW INC. COM 260557103 70 1,600 SH   SOLE   1,600 0 0
DUCOMMUN INC COM 264147109 340 8,714 SH   SOLE   8,714 0 0
EASTERN CO. COM 276317104 15 904 SH   SOLE   904 0 0
EASTMAN CHEM COM 277432100 2,003 28,416 SH   SOLE   28,416 0 0
EATON CORP COM G29183103 319 2,400 SH   SOLE   2,400 0 0
ESCALADE INC. COM 296056104 86 9,090 SH   SOLE   9,090 0 0
GOODYEAR TIRE COM 382550101 294 29,371 SH   SOLE   29,371 0 0
GRIFFON CORP. COM 398433102 110 3,800 SH   SOLE   3,800 0 0
H&R BLOCK COM 093671105 210 5,000 SH   SOLE   5,000 0 0
HANESBRANDS COM 410345102 510 75,530 SH   SOLE   75,530 0 0
HERC HOLDINGS COM 42704L104 524 5,135 SH   SOLE   5,135 0 0
HESS CORP. COM 42809H107 515 4,771 SH   SOLE   4,771 0 0
HUNTSMAN CORP. COM 447011107 6,396 263,746 SH   SOLE   263,746 0 0
INGERSOLL RAND COM 45687V106 351 8,162 SH   SOLE   8,162 0 0
INGLES MARKETS COM 457030104 5,151 65,197 SH   SOLE   65,197 0 0
JOHNSON OUTDR COM 479167108 170 3,325 SH   SOLE   3,325 0 0
KOPPERS HOLDING COM 50060P106 1,359 66,307 SH   SOLE   66,307 0 0
KROGER COM 501044101 17 400 SH   SOLE   400 0 0
L3 HARRIS TECH COM 502431109 1,825 8,816 SH   SOLE   8,816 0 0
LCI INDUSTRIES COM 50189K103 2,092 20,711 SH   SOLE   20,711 0 0
LOEWS CORP COM 540424108 105 2,100 SH   SOLE   2,100 0 0
MARATHON PET. COM 56585A102 2,444 24,682 SH   SOLE   24,682 0 0
MONRO MUFFLER COM 610236101 8 189 SH   SOLE   189 0 0
NORTHERN TECH COM 665809109 576 46,089 SH   SOLE   46,089 0 0
OLIN CORP COM 680665205 5,766 135,606 SH   SOLE   135,606 0 0
OSHKOSH CORP COM 688239201 161 2,300 SH   SOLE   2,300 0 0
PATRICK IND. COM 703343103 49 1,129 SH   SOLE   1,129 0 0
PHILLIPS 66 COM 718546104 1,713 21,416 SH   SOLE   21,416 0 0
Q.E.P. CO.,INC COM 74727K102 2,472 170,462 SH   SOLE   170,462 0 0
READING INT'L COM 755408101 71 23,557 SH   SOLE   23,557 0 0
SENSIENT TECH COM 81725T100 246 3,566 SH   SOLE   3,566 0 0
SHYFT GROUP COM 825698103 90 4,515 SH   SOLE   4,515 0 0
SPX TECH COM 78473E103 104 1,912 SH   SOLE   1,912 0 0
STANDEX INTL CP COM 854231107 2,261 27,913 SH   SOLE   27,913 0 0
STEPAN CHEMICAL COM 858586100 430 4,623 SH   SOLE   4,623 0 0
TOTAL SA COM 89151E109 243 5,276 SH   SOLE   5,276 0 0
TRANE TECH COM G8994E103 1,337 9,288 SH   SOLE   9,288 0 0
TRIMAS CORP. COM 896215209 133 5,425 SH   SOLE   5,425 0 0
TRINSEO SA COM G9059U107 2,266 125,889 SH   SOLE   125,889 0 0
UFP INDUSTRIES COM 90278Q108 302 4,250 SH   SOLE   4,250 0 0
UNITED RENTALS COM 911363109 5,183 19,266 SH   SOLE   19,266 0 0
USA COMPRESS COM 90290N109 42 2,500 SH   SOLE   2,500 0 0
VAALCO ENERGY COM 91851C201 13,309 3,131,627 SH   SOLE   3,131,627 0 0
VIRCO MFG CO COM 927651109 95 23,867 SH   SOLE   23,867 0 0
VSE CORP. COM 918284100 107 3,058 SH   SOLE   3,058 0 0
WATTS WATER COM 942749102 1,494 11,950 SH   SOLE   11,950 0 0
WESCO INTL COM 95082P105 940 7,900 SH   SOLE   7,900 0 0
WESTLAKE CHEM COM 960413102 1,908 22,183 SH   SOLE   22,183 0 0
GLADSTONE COM 376536108 52 3,500 SH   SOLE   3,500 0 0
LIFE STORAGE COM 53223X107 330 3,032 SH   SOLE   3,032 0 0
AMERICAN BILT COM 024591406 40 318 SH   SOLE   318 0 0
APARTMENT INVT COM 03748R747 122 17,500 SH   SOLE   17,500 0 0
BERK HATH CL 'B' COM 084670702 53 200 SH   SOLE   200 0 0
BGSF, INC COM 05601C105 24 2,200 SH   SOLE   2,200 0 0
COMPASS DIV COM 20451Q104 17 1,000 SH   SOLE   1,000 0 0
EXXON MOBIL COM 30231G102 13 145 SH   SOLE   145 0 0
NEW RESIDENTIAL COM 64828T201 12 1,766 SH   SOLE   1,766 0 0
OTIS WORLDWIDE COM 68902V107 60 946 SH   SOLE   946 0 0
P & F INDUSTRIES COM 692830508 28 5,700 SH   SOLE   5,700 0 0
PFIZER INC. COM 717081103 13 300 SH   SOLE   300 0 0
RAYTHEON COM 75513E101 153 1,893 SH   SOLE   1,893 0 0
RCI HOSPITALITY COM 74934Q108 76 1,185 SH   SOLE   1,185 0 0
SINCLAIR BROAD COM 829226109 22 1,200 SH   SOLE   1,200 0 0
TARGA RES COM 87611X105 183 3,100 SH   SOLE   3,100 0 0
UNIVERSAL SEC COM 913821302 174 49,831 SH   SOLE   49,831 0 0
VALERO ENERGY COM 91913Y100 26 250 SH   SOLE   250 0 0
WILLIAMS CO COM 969457100 112 4,000 SH   SOLE   4,000 0 0