FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

BlueLine Partners, L.L.C.
2. Issuer Name and Ticker or Trading Symbol

AXS ONE INC [ AXO ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      __ X __ 10% Owner
_____ Officer (give title below)      __ X __ Other (specify below)
See remarks
(Last)          (First)          (Middle)

402 RAILROAD AVENUE, SUITE 201
3. Date of Earliest Transaction (MM/DD/YYYY)

9/20/2007
(Street)

DANVILLE, CA 94526
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   9/20/2007     P    142860   A $.70   2233025   I   See Footnote 1   (1)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
( 1)  These securities are held by a "group" consisting of Timothy Bacci, a managing director of BlueLine Partners, L.L.C., BlueLine Capital Partners, L.P., BlueLine Capital Partners II, L.P., BlueLine Capital Partners III, L.P., BlueLine Partners, L.L.C., the sole general partner of BlueLine Capital Partners, L.P. and BlueLine Capital Partners II, L.P. and BlueLine Partners II, LLC, the sole general partner of BlueLine Capital Partners III, LP. Of the 2,233,025 shares of outstanding common stock owned by the reporting entities, 1,899,815 shares of common stock are owned by BlueLine Capital Partners, L.P., 150,350 shares of common stock are owned by BlueLine Capital Partners II, L.P., 142,860 shares of common stock are owned by BlueLine Capital Partners III, L.P., and 40,000 shares of restricted stock are owned by Timothy Bacci.

Remarks:
The filing of this statement shall not be deemed an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, any Reporting Person is the beneficial owner of any Common Stock covered by this statement.

As described in Amendment No. 3 to Schedule 13D ("Amendment No. 3") filed on June 8, 2007 with respect to the Common Stock owned by BlueLine Capital Partners, L.P., BlueLine Capital Partners II, L.P., BlueLine Partners, L.L.C. and Mr. Bacci as of the date of Amendment No. 3, the Reporting Entities may have been deemed to be a "group" under Section 13(d) of the Securities Exchange Act and accordingly each Reporting Person may have been deemed to have beneficial ownership of 10% or more of the Common Stock.

Reporting Owner Name/Address
BlueLine Partners, L.L.C., 402 Railroad Avenue, Suite 201, Danville, CA 94526

BlueLine Partners II, LLC, 402 Railroad Avenue, Suite 201, Danville, CA 94526

BlueLine Capital Partners, L.P., 402 Railroad Avenue, Suite 201, Danville, CA 94526

BlueLine Capital Partners II, L.P., 402 Railroad Avenue, Suite 201, Danville, CA 94526


BlueLine Capital Partners III, L.P., 402 Railroad Avenue, Suite 201, Danville, CA 94526

Timothy Bacci, 402 Railroad Avenue, Suite 201, Danville, CA 94526

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
BlueLine Partners, L.L.C.
402 RAILROAD AVENUE
SUITE 201
DANVILLE, CA 94526

X
See remarks
BlueLine Capital Partners, L.P.
402 RAILROAD AVENUE
SUITE 201
DANVILLE, CA 94526

X
See remarks
Bacci Timothy P
402 RAILROAD AVENUE
SUITE 201
DANVILLE, CA 94526
X X
See remarks
BlueLine Partners II, LLC
402 RAILROAD AVENUE
SUITE 201
DANVILLE, CA 94526

X
See remarks
BlueLine Capital Partners III, LP
402 RAILROAD AVENUE
SUITE 201
DANVILLE, CA 94526

X
See remarks

Signatures
/s/ Scott A. Shuda, By Power of Attorney for all Reporting Persons 9/21/2007
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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