Inuvo, Inc. — Director's Dealing 2010

Aug 19, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INUVO, INC. (INUV)
CIK: 0000829323
Period of Report: 2010-08-16

Reporting Person: BRIDGEHAMPTON CAPITAL MANAGEMENT LLC (Director, 10% Owner)
Reporting Person: BRIDGEHAMPTON MULTI-STRATEGY FUND LLC (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-08-16	Common Stock	P	50000	$0.2643	Acquired	7274350	Indirect
2010-08-17	Common Stock	P	100000	$0.3016	Acquired	7374350	Indirect

Footnotes

F1: Reflects the securities of the issuer held in a separate account (the "Separately Managed Account") managed by Bridgehampton
Capital Management LLC ("BCM") for Charles Morgan.

F2: BCM is the sole manager of Bridgehampton Multi-Strategy Fund LLC (f/k/a Bridgehampton Arbitrage LLC, "Multi-Strategy Fund")
and Bridgehampton Monument Fund LLC ("Monument Fund", and together with the Multi-Strategy Fund, the "Funds"), and the
manager of the Separately Managed Account. The Multi-Strategy Fund directly owns 2,450,000 shares of common stock and the
Monument Fund directly owns 1,800,000 shares of common stock.

F3: Kenneth E. Lee is the managing member of BCM. Mr. Morgan, a member of BCM, has joint trading authority with respect to the
shares of the issuer held by the Funds and in the Separately Managed Account. Therefore, each of BCM and Mr. Lee may be
deemed to share beneficial ownership (but only partial pecuniary interest) of the shares beneficially owned by the Funds and
the Separately Managed Account. Pursuant to Rule 16a-1(4) promulgated under Section 16 of the Securities Exchange Act of
1934, as amended, each of BCM and Mr. Lee herein states that the filing of this Form 4 and the statements made herein shall
not be deemed an admission that it or he is the owner of any of the securities covered by this Form 4 for purposes of
Section 16, except to the extent of its or his pecuniary interest therein.

F4: Mr. Morgan, a director of the issuer, separately files his reports under Section 16 of the Securities Exchange Act of 1934,
as amended.