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
3M Company COM 88579Y101 2,056 14,658 SH   SOLE   14,658 0 0
AT&T Corp COM 00206r102 985 28,025 SH   SOLE   28,025 0 0
ATP Oil & Gas Corp COM 00208J108 0 13,700 SH   SOLE   13,700 0 0
AbbVie Inc COM 00287y109 886 16,775 SH   SOLE   16,775 0 0
Abbott Labs COM 002824100 283 7,380 SH   SOLE   7,380 0 0
Alimera Sciences, Inc COM 016259103 182 38,650 SH   SOLE   38,650 0 0
Altria Group Inc. COM 02209S103 230 6,000 SH   SOLE   6,000 0 0
AmTrust Financial Services COM 032359309 369 11,294 SH   SOLE   11,294 0 0
American International Group COM 026874784 547 10,723 SH   SOLE   10,723 0 0
American Tower Corporation COM 03027x100 362 4,530 SH   SOLE   4,530 0 0
Apache Corp COM 037411105 302 3,512 SH   SOLE   3,512 0 0
Apple Computer, Inc. COM 037833100 3,069 5,471 SH   SOLE   5,471 0 0
Applied Materials COM 038222105 207 11,726 SH   SOLE   11,726 0 0
Arch Coal Inc COM 039380100 77 17,400 SH   SOLE   17,400 0 0
Atrion Corp COM 049904105 296 1,000 SH   SOLE   1,000 0 0
AutoNations COM 05329W102 394 7,925 SH   SOLE   7,925 0 0
BB&T Corp COM 054937107 1,248 33,436 SH   SOLE   33,436 0 0
Baxter Intl Inc. COM 071813109 2,069 29,755 SH   SOLE   29,755 0 0
Blackstone Group LP COM 09253U108 521 16,526 SH   SOLE   16,526 0 0
Bristol Myers Squibb COM 110122108 769 14,460 SH   SOLE   14,460 0 0
CBL & Assoc Prop COM 124830100 301 16,776 SH   SOLE   16,776 0 0
CVS Corp COM 126650100 5,270 73,635 SH   SOLE   73,635 0 0
Cabela's Inc COM 126804301 263 3,940 SH   SOLE   3,940 0 0
Cabot Oil & Gas Corp COM 127097103 241 6,222 SH   SOLE   6,222 0 0
Calypso Wireless COM 131720104 0 20,750 SH   SOLE   20,750 0 0
Canadian Natural Resources Ltd COM 136385101 271 8,000 SH   SOLE   8,000 0 0
CarMax, Inc COM 143130102 377 8,020 SH   SOLE   8,020 0 0
Cardinal Health, Inc. COM 14149Y108 470 7,033 SH   SOLE   7,033 0 0
Caterpillar COM 149123101 1,054 11,605 SH   SOLE   11,605 0 0
ChevronTexaco Corporation COM 166764100 966 7,732 SH   SOLE   7,732 0 0
Cincinnati Finl COM 172062101 1,645 31,411 SH   SOLE   31,411 0 0
Cisco Systems, Inc. COM 17275R102 1,903 84,859 SH   SOLE   84,859 0 0
Citigroup Inc New COM 172967424 351 6,729 SH   SOLE   6,729 0 0
Clorox Company COM 189054109 580 6,250 SH   SOLE   6,250 0 0
Coach Inc COM 189754104 226 4,025 SH   SOLE   4,025 0 0
Coca Cola COM 191216100 2,440 59,055 SH   SOLE   59,055 0 0
Coca Cola Enterprise COM 191219104 230 5,220 SH   SOLE   5,220 0 0
ConocoPhillips COM 20825C104 1,415 20,027 SH   SOLE   20,027 0 0
Cornerstone Community Bank COM 218924108 82 34,714 SH   SOLE   34,714 0 0
Costco Wholesale Corp COM 22160K105 418 3,513 SH   SOLE   3,513 0 0
Danaher Corp COM 235851102 3,486 45,151 SH   SOLE   45,151 0 0
Delta Air Lines Inc New COM 247361702 288 10,500 SH   SOLE   10,500 0 0
Dentsply Intn'l. COM 249030107 2,854 58,865 SH   SOLE   58,865 0 0
Diamond Offshore Drilling, Inc COM 25271c102 455 8,002 SH   SOLE   8,002 0 0
Dollar Tree, Inc COM 256746108 1,458 25,843 SH   SOLE   25,843 0 0
Dover Corp COM 260003108 3,173 32,866 SH   SOLE   32,866 0 0
Dow 30 COM 78467x109 2,508 15,157 SH   SOLE   15,157 0 0
DuPont COM 263534109 1,706 26,255 SH   SOLE   26,255 0 0
Emerson Electric Co COM 291011104 1,604 22,850 SH   SOLE   22,850 0 0
Express Scripts Inc COM 30219G108 271 3,855 SH   SOLE   3,855 0 0
Exxon Mobil Corp COM 30231G102 855 8,444 SH   SOLE   8,444 0 0
Facebook Inc. COM 30303m102 963 17,626 SH   SOLE   17,626 0 0
Fannie Mae COM 313586109 30 10,000 SH   SOLE   10,000 0 0
First Bancorp NC COM 318910110 669 40,230 SH   SOLE   40,230 0 0
First Financial Holdings, Inc. COM 32023e105 1,316 19,783 SH   SOLE   19,783 0 0
First Financial Northwest COM 32022K102 210 20,298 SH   SOLE   20,298 0 0
Ford Mtr Co COM 345370860 1,116 72,294 SH   SOLE   72,294 0 0
Freeport-McMoRan Copper & Gold COM 35671D857 202 5,361 SH   SOLE   5,361 0 0
General Electric Co COM 369604103 1,339 47,777 SH   SOLE   47,777 0 0
General Motors Corp COM 37045v100 255 6,240 SH   SOLE   6,240 0 0
Giant Interactive Group COM 374511103 147 13,100 SH   SOLE   13,100 0 0
GlaxoSmithKline PLC COM 37733w105 606 11,352 SH   SOLE   11,352 0 0
Goldman Sachs Group Inc COM 38141G104 230 1,295 SH   SOLE   1,295 0 0
GreenHaven Continuous Comdty COM 395258106 205 7,973 SH   SOLE   7,973 0 0
Greenville Nat'l Bank COM 396242109 237 1,500 SH   SOLE   1,500 0 0
Group 1 Automotive, Inc COM 398905109 533 7,500 SH   SOLE   7,500 0 0
Halliburton Co COM 406216101 230 4,539 SH   SOLE   4,539 0 0
Health Management Assoc. COM 421933102 149 11,375 SH   SOLE   11,375 0 0
Heilig Meyers Co COM 422893107 0 10,562 SH   SOLE   10,562 0 0
Home Depot, Inc. COM 437076102 3,203 38,902 SH   SOLE   38,902 0 0
I B M COM 459200101 2,330 12,420 SH   SOLE   12,420 0 0
IShr MSCI EAFE COM 464287465 257 3,831 SH   SOLE   3,831 0 0
IShr MSCI Emerg Mkts ETF COM 464287234 739 17,693 SH   SOLE   17,693 0 0
Intel Corp COM 458140100 2,348 90,479 SH   SOLE   90,479 0 0
Investors Title Company COM 461804106 538 6,649 SH   SOLE   6,649 0 0
Isle of Capir Casinos Inc COM 464592104 324 36,000 SH   SOLE   36,000 0 0
J.P. Morgan & Co, Inc. COM 46625H100 788 13,467 SH   SOLE   13,467 0 0
JPMorgan MLP Index COM 46625H365 1,180 25,465 SH   SOLE   25,465 0 0
Johnson & Johnson COM 478160104 3,020 32,971 SH   SOLE   32,971 0 0
Johnson Controls Inc. COM 478366107 1,455 28,370 SH   SOLE   28,370 0 0
Just Energy Group, Inc. COM 48213w101 72 10,000 SH   SOLE   10,000 0 0
KeyCorp COM 493267108 190 14,161 SH   SOLE   14,161 0 0
Kimberly Clark Corp COM 494368103 1,207 11,555 SH   SOLE   11,555 0 0
Kinder Morgan Energy Partners COM 494550106 832 10,320 SH   SOLE   10,320 0 0
Kinder Morgan Inc. Cl P COM 49456b101 253 7,040 SH   SOLE   7,040 0 0
Kraft Foods Group, Inc. COM 50076Q106 1,591 29,513 SH   SOLE   29,513 0 0
L-3 Communications Hldgs Inc COM 502424104 680 6,366 SH   SOLE   6,366 0 0
LeapFrog Enterprises COM 52186N106 96 12,075 SH   SOLE   12,075 0 0
Leggett & Platt, Inc. COM 524660107 1,060 34,250 SH   SOLE   34,250 0 0
MBIA, Inc. COM 55262C100 125 10,505 SH   SOLE   10,505 0 0
Masco Corp COM 574599106 457 20,070 SH   SOLE   20,070 0 0
McDonalds Corp COM 580135101 1,324 13,647 SH   SOLE   13,647 0 0
Michael Kors Holdings Ltd COM g60754101 250 3,081 SH   SOLE   3,081 0 0
Microsoft Corp COM 594918104 271 7,237 SH   SOLE   7,237 0 0
Midcap Index COM 78467Y107 392 1,606 SH   SOLE   1,606 0 0
Mondelez International, Inc. COM 609207105 1,421 40,258 SH   SOLE   40,258 0 0
Moodys Corp COM 615369105 283 3,608 SH   SOLE   3,608 0 0
NEWMONT MINING CORP COM COM 651639106 492 21,360 SH   SOLE   21,360 0 0
National Oilwell, Inc. COM 637071101 537 6,755 SH   SOLE   6,755 0 0
NetEase, Inc. ADS COM 64110w102 212 2,700 SH   SOLE   2,700 0 0
NovaGold Resources Inc COM 66987e206 38 15,000 SH   SOLE   15,000 0 0
Patriot Coal Corp COM 70336T104 0 15,000 SH   SOLE   15,000 0 0
Pepsico, Inc. COM 713448108 1,723 20,780 SH   SOLE   20,780 0 0
Perrigo COM g97822103 5,151 33,565 SH   SOLE   33,565 0 0
Pfizer, Inc. COM 717081103 1,262 41,198 SH   SOLE   41,198 0 0
Philip Morris Internation Inc COM 718172109 520 5,965 SH   SOLE   5,965 0 0
Phillips 66 COM 718546104 469 6,080 SH   SOLE   6,080 0 0
Potash Corp Sask COM 73755l107 1,137 34,485 SH   SOLE   34,485 0 0
Procter & Gamble Co COM 742718109 2,157 26,494 SH   SOLE   26,494 0 0
Provectus Pharmaceutical COM 74373f100 60 25,000 SH   SOLE   25,000 0 0
Range Resources Corp COM 75281a109 235 2,785 SH   SOLE   2,785 0 0
Real Estate Investment Trust I COM 922908553 344 5,333 SH   SOLE   5,333 0 0
S E I Corp COM 784117103 968 27,860 SH   SOLE   27,860 0 0
S&P 500 Index COM 78462F103 1,062 5,750 SH   SOLE   5,750 0 0
SPDR Cons Staples Select COM 81369Y308 277 6,455 SH   SOLE   6,455 0 0
SPDR Energy Sel Select COM 81369Y506 1,392 15,726 SH   SOLE   15,726 0 0
SPDR Financial Select COM 81369Y605 2,638 120,670 SH   SOLE   120,670 0 0
SPDR Gold Trust COM 78463v107 742 6,388 SH   SOLE   6,388 0 0
SPDR Industrials Select COM 81369Y704 616 11,788 SH   SOLE   11,788 0 0
SPDR Materials Select COM 81369Y100 784 16,971 SH   SOLE   16,971 0 0
SPDR S&P Oil & Gas Eqmnt COM 78464A748 671 15,342 SH   SOLE   15,342 0 0
SPDR S&P Oil & Gas Exploration COM 78464A730 712 10,391 SH   SOLE   10,391 0 0
SPDR S&P Semicond ETF COM 78464A862 661 10,819 SH   SOLE   10,819 0 0
SPDR Select Technology COM 81369Y803 689 19,265 SH   SOLE   19,265 0 0
SPDR Utilities ETF COM 81369Y886 1,458 38,400 SH   SOLE   38,400 0 0
Sonoco Prods Co COM 835495102 460 11,021 SH   SOLE   11,021 0 0
Southern Company COM 842587107 553 13,442 SH   SOLE   13,442 0 0
Spectra Energy Corp COM 847560109 748 21,006 SH   SOLE   21,006 0 0
Stanley Black and Decker COM 854502101 680 8,428 SH   SOLE   8,428 0 0
State Street Corp COM 857477103 348 4,741 SH   SOLE   4,741 0 0
SunTrust Bks Inc COM 867914103 312 8,464 SH   SOLE   8,464 0 0
TD Ameritrade Holding Corp COM 87236y108 334 10,905 SH   SOLE   10,905 0 0
Teva Pharmaceutical Indus COM 881624209 907 22,627 SH   SOLE   22,627 0 0
The Female Health Company COM 314462102 227 26,675 SH   SOLE   26,675 0 0
Thermo Fisher Scientific, Inc COM 883556102 817 7,335 SH   SOLE   7,335 0 0
Ultra Petroleum Corp COM 903914109 375 17,317 SH   SOLE   17,317 0 0
United Technologies COM 913017109 216 1,900 SH   SOLE   1,900 0 0
UnitedHealth Group Inc COM 91324P102 525 6,973 SH   SOLE   6,973 0 0
Vanguard Emer Mkts ETF COM 922042858 1,911 46,454 SH   SOLE   46,454 0 0
Vanguard Energy ETF COM 92204a306 240 1,900 SH   SOLE   1,900 0 0
Vanguard Info Tech ETF COM 92204A702 2,420 27,023 SH   SOLE   27,023 0 0
Vanguard MSCI Europe ETF COM 922042874 371 6,306 SH   SOLE   6,306 0 0
Vanguard Total Stock Market ET COM 922908769 3,708 38,654 SH   SOLE   38,654 0 0
Verizon Communications COM 92343V104 804 16,367 SH   SOLE   16,367 0 0
Watts Water Technologies Inc COM 942749102 2,388 38,590 SH   SOLE   38,590 0 0
Wells Fargo & Co COM 949746101 1,166 25,681 SH   SOLE   25,681 0 0
Windstream Holdings, Inc. COM 97382a101 80 10,000 SH   SOLE   10,000 0 0
World Acceptance COM 981419104 4,101 46,854 SH   SOLE   46,854 0 0
eBay Inc COM 278642103 286 5,215 SH   SOLE   5,215 0 0
iShares DJ US Real Estate COM 464287739 278 4,410 SH   SOLE   4,410 0 0
iShr DJ US Consumer Cyclical COM 464287580 975 8,034 SH   SOLE   8,034 0 0
ProShares Short 20+ Year Treas COM 74347X849 335 10,185 SH   SOLE   10,185 0 0
Short Dow30 ProShares COM 74347R701 272 10,430 SH   SOLE   10,430 0 0
Short S&P 500 ProShares COM 74347R503 240 9,500 SH   SOLE   9,500 0 0
UltraShort 20+ Year Treasury COM 74347B201 905 11,424 SH   SOLE   11,424 0 0
UltraShort Russell 2000 ProSha COM 74348a202 246 20,445 SH   SOLE   20,445 0 0
UltraShort S&P 500 Proshares COM 74347B300 683 23,035 SH   SOLE   23,035 0 0