FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response: 0.5

1. Name and Address of Reporting Person* BlueLine Partners, L.L.C. (Last) (First) (Middle) 4115 BLACKHAWK PLAZA CIRCLE, NO. 100 (Street) DANVILLE CA 94506 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 05/29/2007	3. Issuer Name and Ticker or Trading Symbol AXS ONE INC [ AXO ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director X 10% Owner Officer (give title below) X Other (specify below) See remarks	5. If Amendment, Date of 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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	1,815,693	D(1)
Common Stock	150,350	D(2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
6% Series A Convertible Notes due May 29, 2009	05/29/2007	05/29/2009	Common Stock	1,250,000	1	D(1)
6% Series B Convertible Notes due May 29, 2009	05/29/2007	05/29/2009	Common Stock	500,000	2.5	D(1)
Warrant	05/29/2007	05/29/2014	Common Stock	1,000,000	0.01	D(1)
6% Series A Convertible Notes due May 29, 2009	05/29/2007	05/29/2009	Common Stock	250,000	1	D(2)
6% Series B Convertible Notes due May 29, 2009	05/29/2007	05/29/2009	Common Stock	100,000	2.5	D(2)
Warrant	05/29/2007	05/29/2014	Common Stock	200,000	0.01	D(2)

1. Name and Address of Reporting Person* BlueLine Partners, L.L.C. (Last) (First) (Middle) 4115 BLACKHAWK PLAZA CIRCLE, NO. 100 (Street) DANVILLE CA 94506 (City) (State) (Zip)

1. Name and Address of Reporting Person* BlueLine Capital Partners, L.P. (Last) (First) (Middle) 4115 BLACKHAWK PLAZA CIRCLE, NO. 100 (Street) DANVILLE CA 94506 (City) (State) (Zip)

1. Name and Address of Reporting Person* Bacci Timothy P (Last) (First) (Middle) C/O AXS-ONE INC. 301 ROUTE 17 NORTH (Street) RUTHERFORD NJ 07070 (City) (State) (Zip)

Explanation of Responses:

1. These securities are owned by BlueLine Capital Partners, L.P., who is a member of a "group" with BlueLine Capital Partners II, 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 Timothy P. Bacci, a managing director of BlueLine Partners, L.L.C.

2. These securities are owned by BlueLine Capital Partners II, L.P., who is a member of a "group" with BlueLine Capital Partners, 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 Timothy P. Bacci, a managing director of BlueLine Partners, L.L.C.

Remarks:

See attached

	/s/ Scott A. Shuda, by power of attorney for all Reporting Persons	06/08/2007
	** 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 5 (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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.