Ownership Submission
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

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(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
BlueLine Partners, L.L.C.
   2. Issuer Name and Ticker or Trading Symbol
AXS ONE INC [AXSO] 		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 (Month/Day/Year)
03/21/2008
(Street)

DANVILLE, CA 94526		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(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
Common Stock Option (right to buy) $ 0.301 03/21/2008   A   40,000   03/21/2009(1) 03/21/2018 Common Stock 40,000 $ 0 40,000 I See Footnote 2 (2)

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   03/24/2008
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The option will fully vest one year from the date of issuance.
(2) 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 2,253,125 shares of outstanding common stock owned by the reporting entities, 1,919,915 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. The indicated option is owned by Timothy P. 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.

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