On May 28, 2013, BKF Capital Group, Inc announced that it has sent a notice to Qualstar Corp of its intention to nominate Dale E. Wallis for election as a director at the Shareholder Meeting and to withdraw Edward J. Fred and Maria N. Fregosi for election at the Shareholder Meeting, in response to the Company's disclosure in its preliminary proxy statement filed with the Securities and Exchange Commission on May 24, 2013 that only 5 directors will be elected at the Shareholder Meeting.