Goldman Capital Management as of Dec. 31, 2011
Portfolio Holdings for Goldman Capital Management
Goldman Capital Management holds 0 positions in its portfolio as reported in the December 2011 quarterly 13F filing
{C} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C}
Value Shares/ Sh/ Put/ Invstmt Discretion Voting Authority--------------------
Name of Issuer Title of CUSIP (x$1000) Prn Amt PrnCall Sole Shared None
Class Sole Shared None
Abaxis Inc COM 002567105 1660 60000 SH 60000 60000
Acme United Corp COM 004816104 367 38638 SH 38638 38638
Advanced Photonix Inc-Cl A COM 00754E107 28 50000 SH 50000 50000
American Safety Insurance Hold COM G02995101 8209 377420 SH 377420 377420
Bacterin Intl Holdings Inc COM 05644R101 2016 704783 SH 704783 704783
Charles & Colvard Ltd COM 159765106 2867 1115600 SH 1115600 1115600
Columbia Laboratories Inc COM 197779101 13925 5570034 SH 5570034 5570034
Commtouch Software Ltd COM M25596202 3182 979000 SH 979000 979000
Crexendo Inc. COM 226552107 2224 790737 SH 790737 790737
Cytori Therapeutics Inc COM 23283K105 1265 574853 SH 574853 574853
Ditech Networks Inc COM 25500T108 518 545000 SH 545000 545000
Dot Hill Sys Corp COM 25848T109 7332 5513099 SH 5513099 5513099
Emrise Corp COM 29246J101 43 100000 SH 100000 100000
Flamel Technologies SA ADR 338448109 148 28389 SH 28389 28389
Graphon Inc COM 388707101 200 1000000 SH 1000000 1000000
Hackett Group Inc COM 404609109 972 260000 SH 260000 260000
Hughes Telematics Inc COM 444486104 942 197845 SH 197845 197845
Icg Group Inc COM 44928D108 3401 440500 SH 440500 440500
Imageware Systems Inc. COM 45245S108 18281 2285124 SH 22851245 22851245
Lifetime Brands Inc COM 53222Q103 9106 750100 SH 750100 750100
Lpath Inc COM 548910108 488 410000 SH 410000 410000
Mattersight Corp COM 577097108 518 111492 SH 111492 111492
Mdc Partners Inc New Cl A Subo COM 552697104 10832 801198 SH 801198 801198
Mosys Inc COM 619718109 7520 1790367 SH 1790367 1790367
Nova Measuring Instruments Ltd COM M7516K103 781 106000 SH 106000 106000
Park City Group Inc New COM 700215304 4468 1464032 SH 1464032 1464032
Parkervision Inc COM 701354102 312 362400 SH 362400 362400
Pfsweb Inc COM 717098206 1679 510325 SH 510325 510325
Photomedex Inc COM 719358103 3990 309336 SH 309336 309336
Star Scientific Inc COM 85517P101 10364 4754029 SH 4754029 4754029
Transgenomic COM 89365K206 322 250000 SH 250000 250000
Trinity Biotech Plc New ADR COM 896438306 13147 1291498 SH 1291498 1291498
Unigene Laboratories Inc COM 904753100 253 477027 SH 477027 477027
Universal Electronics Inc COM 913483103 253 15000 SH 15000 15000
Westmoreland Coal Corp COM 960878106 3131 245568 SH 245568 245568
Total 134744