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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1089575	National Coal Corp	NCOC	Bituminous Coal & Lignite Surface Mining (1221)	650601272

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1327331	Steelhead Navigator Fund, L.p.	333 108Th Ave. Ne Suite 2010 Bellevue WA 98004		No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock Par Value $.0001 Per Share	Disposition	2010-10-05	18,610	$0.98	794,102	No	4	S	Indirect	See footnote
Common Stock Par Value $.0001 Per Share	Disposition	2010-10-06	275	$0.98	793,827	No	4	S	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote

Footnotes

The reporting person is a limited partner of Steelhead Navigator Master, L.P. ("Navigator"). The shares of the common stock reported on this Form 4 are held directly by Navigator. The reporting person disclaims beneficial ownership of these shares except to the extent of its pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.