-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PRrXs0kuNmmaXdzuPn2toAOp0KdjlptLbSMTEY1aRKkqww/Ne1PdiBAEJe1WsQKq GSCqnQX6fieffmQZ20jfWA== 0001132072-09-000059.txt : 20090211 0001132072-09-000059.hdr.sgml : 20090211 20090211121404 ACCESSION NUMBER: 0001132072-09-000059 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20081231 FILED AS OF DATE: 20090211 DATE AS OF CHANGE: 20090211 EFFECTIVENESS DATE: 20090211 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Potomac Capital Management, Inc. CENTRAL INDEX KEY: 0001418746 IRS NUMBER: 133984786 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12962 FILM NUMBER: 09588428 BUSINESS ADDRESS: STREET 1: 825 THIRD AVENUE STREET 2: 33RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-521-5151 MAIL ADDRESS: STREET 1: 825 THIRD AVENUE STREET 2: 33RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 13F-HR 1 s11-9026_13f.txt FORM F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2008 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Potomac Capital Management, Inc. Address: 825 Third Avenue, 33rd Floor New York, New York 10022 Form 13F File Number: The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Javier Montenegro Title: Chief Financial Officer Phone: 212-521-5151 Signature, Place, and Date of Signing: /s/ Javier Montenegro New York, New York February 11, 2009 Report Type (Check only one.): [ X ] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 103 Form 13F Information Table Value Total: $58,511* -------- _________ * In Thousands List of Other Included Managers: None
FORM 13F INFORMATION TABLE FAIR MARKET TITLE VALUE SH/ SHRS OR INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER OF CLASS CUSIP (x$1000) PPN PRN AMT DISCRETION MANAGERS SOLE SHARED NONE - -------------- -------- ----- -------- --- ------- ---------- -------- ---- ------ ---- A C MOORE ARTS & CRAFTS INC Common 00086T103 129 SH 91,948 sole - 91,948 - - ACTIVISION BLIZZARD INC Common 00507V109 397 SH 46,000 sole - 46,000 - - ADVANCED PHOTONIX INC CL A Common 00754E107 1,986 SH 2,920,218 sole - 2,920,218 - - ADVANCED PHOTONIX INC CL A Warrants 00754E107 340 WTS 500,000 sole - 500,000 - - AES CORP Common 00130H105 368 SH 44,650 sole - 44,650 - - ALLOY INC Common 019855303 3,314 SH 783,344 sole - 783,344 - - AMERICAN COMMUNITY NEWSPAPERS Common 02520T103 1 SH 348,773 sole - 348,773 - - AMERIGON INC Common 03070L300 47 SH 14,450 sole - 14,450 - - ARCADIA RESOURCES Common 039209101 2,194 SH 5,930,861 sole - 5,930,861 - - ARCADIA RESOURCES Warrants 039209101 389 WTS 1,050,420 sole - 1,050,420 - - ARROWHEAD RESEARCH Common 042797100 64 WTS 69,500 sole - 69,500 - - ASPYRA INC Common 04538V104 234 SH 1,376,200 sole - 1,376,200 - - ASYST TECHNOLOGIES INC Common 04648X107 79 SH 315,225 sole - 315,225 - - ATS MEDICAL INC Common 002083103 793 SH 285,258 sole - 285,258 - - AVANTAIR INC Common 05350T101 807 SH 1,075,566 sole - 1,075,566 - - AVANTAIR INC Preferred 05350T101 583 PRD 776,680 sole - 776,680 - - AVANTAIR INC Warrants 05350T101 323 WTS 430,000 sole - 430,000 - - AXCELIS TECHNOLOGIES Common 054540109 18 SH 35,100 sole - 35,100 - - AXESSTEL INC Common 05459T101 550 SH 1,570,626 sole - 1,570,626 - - BAKBONE SOFTWARE INC Common 057101107 338 SH 1,688,000 sole - 1,688,000 - - BLUEPHOENIX SOLUTIONS LTD Common M20157109 748 SH 406,729 sole - 406,729 - - C&D TECHNOLOGIES INC Common 124661109 33 SH 10,426 sole - 10,426 - - CAS MED SYS INC Common 124769209 1,382 SH 712,005 sole - 712,005 - - COMMAND CENTER Common 200497105 198 SH 1,164,400 sole - 1,164,400 - - COMMAND CENTER Warrants 200497105 106 WTS 625,000 sole - 625,000 - - CREDENCE SYS CORP SR SB CV Common 225302AG3 10 SH 52,000 sole - 52,000 - - DANKA BUSINESS SYSTEMS PLC ADR Common 236277109 120 SH 1,839,534 sole - 1,839,534 - - DATA I/O CORP Common 237690102 24 SH 10,000 sole - 10,000 - - DATATRAK INTL INC Common 238134100 181 SH 860,896 sole - 860,896 - - DATATRAK INTL INC Warrants 238134100 13 WTS 63,750 sole - 63,750 - - ECTEL LTD Common M29925100 183 SH 310,032 sole - 310,032 - - ENDWAVE CORPORATION Common 29264A206 3,719 SH 1,549,486 sole - 1,549,486 - - FALCONSTOR SOFTWARE INC Common 306137100 160 SH 57,593 sole - 57,593 - - FSI INTERNATIONAL INC Common 302633102 128 SH 411,372 sole - 411,372 - - FX ENERGY INC Common 302695101 2,535 SH 908,701 sole - 908,701 - - GOLDLEAF FINANCIAL SOLUTIONS Common 38144H208 228 SH 308,230 sole - 308,230 - - GRANITE CITY FOOD & BREWERY Warrants 38724Q107 20 WTS 61,538 sole - 61,538 - - HC INNOVATIONS INC Warrants 40413G101 351 WTS 1,300,000 sole - 1,300,000 - - HC INNOVATIONS INC Common 40413G101 192 SH 712,347 sole - 712,347 - - HIGHBURY FINANCIAL INC Warrants 42982Y109 814 WTS 417,500 sole - 417,500 - - HOLLYWOOD MEDIA CORP Common 436233100 239 SH 238,795 sole - 238,795 - - HOLLYWOOD MEDIA CORP Warrants 436233100 150 WTS 150,000 sole - 150,000 - - HUDSON HIGHLAND GROUP INC Common 443792106 80 SH 23,840 sole - 23,840 - - HYDE PARK ACQUISITION CORP Warrants 448638114 278 WTS 61,800 sole - 61,800 - - HYPERCOM CORP Common 44913M105 778 SH 720,057 sole - 720,057 - - INNOVEX INC Common 457647105 4 SH 54,566 sole - 54,566 - - INPLAY TECHNOLOGIES Warrants 45773L103 14 WTS 81,900 sole - 81,900 - - INSIGNIA SYS INC Common 45765Y105 562 SH 573,595 sole - 573,595 - - INTEGRATED MANAGEMENT INFORMATION Common 45822F107 90 SH 300,000 sole - 300,000 - - INTERLINK ELECTRONICS Common 458751104 220 SH 1,332,594 sole - 1,332,594 - - INTERLINK ELECTRONICS Conv Deb 458751104 109 PRN 658,730 sole - 658,730 - - INTERLINK ELECTRONICS Warrants 458751104 54 WTS 329,365 sole - 329,365 - - INTERNET CAPITAL GROUP INC Common 46059C205 522 SH 95,755 sole - 95,755 - - INYX INC Common 461868101 1 SH 1,725,000 sole - 1,725,000 - - ITERIS INC Warrants 46564T107 108 WTS 69,688 sole - 69,688 - - KANA SOFTWARE INC Common 483600300 28 SH 39,400 sole - 39,400 - - KNIGHTSCOVE MEDIA CORP Common 49907Q301 33 SH 2,000,000 sole - 2,000,000 - - KNIGHTSCOVE MEDIA CORP Warrants 49907Q301 17 WTS 1,000,000 sole - 1,000,000 - - LCC INTERNATIONAL INC Preferred 501810105 9 SH 1,343,283 sole - 1,343,283 - - LEADIS TECHNOLOGY INC Common 52171N103 95 SH 288,300 sole - 288,300 - - LIONBRIDGE TECHNOLOGIES INC Common 536252109 1,922 SH 1,537,426 sole - 1,537,426 - - LTX CORP Common 502392103 302 SH 1,119,681 sole - 1,119,681 - - MANAGEMENT NETWORK GROUP INC Common 561693102 1,869 SH 4,672,799 sole - 4,672,799 - - MANHATTAN PHARMACEUTICALS Warrants 563118207 1 WTS 90,089 sole - 90,089 - - MICRONETICS INC Common 595125105 584 SH 173,788 sole - 173,788 - - NATIONSHEALTH INC Common 63860C100 12 SH 331,212 sole - 331,212 - - NAVARRE CORP Warrants 639208107 36 WTS 89,286 sole - 89,286 - - NEWTEK BUSINESS SERVICES INC Common 652526104 392 SH 1,782,641 sole - 1,782,641 - - NEOSE TECHNOLOGIES INC Common 640522108 400 SH 1,176,286 sole - 1,176,286 - - NEOSE TECHNOLOGIES INC Warrants 640522108 114 WTS 334,158 sole - 334,158 - - NEXXUS LIGHTING Common 868042102 5,123 SH 706,642 sole - 706,642 - - NEXXUS LIGHTING Warrants 868042102 2,116 WTS 291,929 sole - 291,929 - - NUMERAX INC Common 67053A102 5,028 SH 1,381,389 sole - 1,381,389 - - ORCHID CELLMARK INC Common 68573C107 67 SH 93,635 sole - 93,635 - - OPENWAVE SYSTEMS INC Common 837138308 29 SH 43,900 sole - 43,900 - - OPTIMAL GROUP INC Common 68388R208 586 SH 1,219,912 sole - 1,219,912 - - PANTHEON CHINA ACQUISTION CORP Warrants 698659109 1,403 SH 385,000 sole - 385,000 - - PHYSICIANS FORMULA HOLDINGS Common 719427106 147 SH 52,626 sole - 52,626 - - POKERTEK INC Common 730864105 212 SH 163,003 sole - 163,003 - - PROLINK HOLDINGS CORP Common 74340T100 50 SH 1,001,307 sole - 1,001,307 - - QUEST RESOURCE CORP Common 748349305 27 SH 62,100 sole - 62,100 - - RAINMAKER SYSTEMS INC Common 750875304 57 SH 67,346 sole - 67,346 - - REMEDENT INC Common 75954T104 596 SH 851,019 sole - 851,019 - - REMEDENT INC Warrants 75954T104 714 WTS 1,020,000 sole - 1,020,000 - - RESTAURANT ACQUISITION CORP Warrants 762150109 1,215 SH 209,500 sole - 209,500 - - RICKS CABARET INTL Common 765641303 131 SH 32,900 sole - 32,900 - - RUBY TUESDAY INC Common 781182100 225 SH 143,940 sole - 143,940 - - SABA SOFTWARE INC Common 784932600 501 SH 322,915 sole - 322,915 - - SATYAM COMPUTER SERVICES LTD Common 804098101 362 SH 40,000 sole - 40,000 - - SONA MOBILE HLDS Common 83540T109 35 SH 1,389,966 sole - 1,389,966 - - SONA MOBILE HLDS Warrants 83540T109 18 WTS 705,031 sole - 705,031 - - SRS LABORATORIES INC Common 78464M106 676 SH 141,769 sole - 141,769 - - STOCKER AND YALE INC Common 86126T203 176 SH 1,169,632 sole - 1,169,632 - - SUMTOTAL SYSTEMS INC Common 866615107 1,467 SH 516,582 sole - 516,582 - - TECHWELL INC Common 87874D101 591 SH 90,941 sole - 90,941 - - TIER TECHNOLOGIES INC CL B Common 88650Q100 3,113 SH 576,396 sole - 576,396 - - VUBOTICS INC Common 92909L102 14 SH 2,825,471 sole - 2,825,471 - - VUBOTICS INC Warrants 92909L102 23 WTS 4,619,707 sole - 4,619,707 - - VUBOTICS INC Conv Deb 92909L102 - PRN 150,001 sole - 150,001 - - WESTERN POWER & EQUIP CORP Common 959221102 1 SH 361,699 sole - 361,699 - - WHITE ELECTRONIC DESIGNS CORP Common 963801105 164 SH 44,810 sole - 44,810 - - YOU BET INTERNATIONAL Common 987413101 480 SH 563,215 sole - 563,215 - - FX ENERGY INC Common 302695101 42 CALL 15,000 sole - 15,000 - - TOTAL (IN THOUSANDS) 58,511
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