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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1341470	Banks.com Inc.	BNX	Services-Computer Programming, Data Processing, Etc. (7370)	593234205

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1423093	David Sandberg	654 Broadway Suite 5 New York NY 10012		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	Disposition	2010-06-21	200	$0.42	27,600	No	4	P	Indirect	By the Bear Market Opportunity Fund, LP
Common Stock	Disposition	2010-06-25	27,600	$0.33	0	No	4	P	Indirect	By the Bear Market Opportunity Fund, LP
Common Stock	Acquisiton	2010-06-25	27,600	$0.33	186,381	No	4	P	Indirect	By Pinnacle Fund, LLLP

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By the Bear Market Opportunity Fund, LP
No	4	P	Indirect	By the Bear Market Opportunity Fund, LP
No	4	P	Indirect	By Pinnacle Fund, LLLP

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	3,346,637	Indirect	By David Sandberg

Footnotes

This report is filed to disclose the change in the form of the ownership of the indicated securities from indirect to direct. There has been no change in the aggregate number of shares held by the filing persons.
Red Oak Partners, LLC ("ROP") serves as the general partner of The Red Oak Fund, LP, a Delaware limited partnership (the "Fund"), the direct owner of the subject securities. David Sandberg is the managing member of ROP and the Fund's portfolio manager.
ROP serves as a general partner of Pinnacle Partners, LLC, a Colorado limited liability limited company ("Pinnacle Partners"). Pinnacle Partners manages Pinnacle Fund, LLLP, a Colorado limited liability limited partnership ("Pinnacle Fund"), the direct owner of the subject securities.
ROP is the investment advisor to Bear Market Opportunity Fund, L.P., the direct owner of the subject securities, and exercises investment control over the subject securities. David Sandberg is the managing member of ROP and is the portfolio manager of the Bear Market Opportunity Fund, L.P.
Each Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of their pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities and Exchange Act of 1934 or for any other purpose.