-----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, QO/EV8nCoM3tJskynBL3CE7XxkalN9KR0I5LaNRW6hBrLDVZ2DnnCXydXN0rP77s 3diBpFiBQ7REpAE2xUlVMQ== 0000890163-08-000555.txt : 20080812 0000890163-08-000555.hdr.sgml : 20080812 20080812131126 ACCESSION NUMBER: 0000890163-08-000555 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080630 FILED AS OF DATE: 20080812 DATE AS OF CHANGE: 20080812 EFFECTIVENESS DATE: 20080812 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: 081009035 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 s11-8672_13f.txt FORM 13F-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: June 30, 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: 212-521-5103 Signature, Place, and Date of Signing: /s/ Javier Montenegro New York, New York August 11, 2008 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: 119 Form 13F Information Table Value Total: $178,769* _________ * 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 269 SH 38,100 sole - 38,100 - - ADVANCED PHOTONIX INC CL A Common 00754E107 4,994 SH 2,920,218 sole - 2,920,218 - - ADVANCED PHOTONIX INC CL A Warrants 00754E107 855 WTS 500,000 sole - 500,000 - - AES CORP Common 00130H105 192 SH 10,000 sole - 10,000 - - ALADDIN KNOWLEDGE SYSTEMS Common M0392N101 1,087 SH 80,534 sole - 80,534 - - ALLOY INC Common 019855303 9,704 SH 1,342,216 sole - 1,342,216 - - AMERICAN COMMUNITY NEWSPAPERS Common 02520T103 121 SH 482,873 sole - 482,873 - - APAC TELESERVICES INC Common 00185E106 750 SH 468,919 sole - 468,919 - - ARCADIA RESOURCES Common 039209101 3,925 SH 7,009,760 sole - 7,009,760 - - ARCADIA RESOURCES Warrants 039209101 588 WTS 1,050,420 sole - 1,050,420 - - ASPYRA INC Common 04538V104 966 SH 1,379,300 sole - 1,379,300 - - ASYST TECHNOLOGIES INC Common 04648X107 2,031 SH 569,041 sole - 569,041 - - ATS MEDICAL INC Common 002083103 5,469 SH 2,567,710 sole - 2,567,710 - - AUTOBYTEL INC Common 05275N106 989 SH 696,605 sole - 696,605 - - AVANTAIR INC Common 05350T101 2,087 SH 1,075,566 sole - 1,075,566 - - AVANTAIR INC Preferred 05350T101 1,507 PRD 776,680 sole - 776,680 - - AVANTAIR INC Warrants 05350T101 834 WTS 430,000 sole - 430,000 - - AXESSTEL INC Common 05459T101 1,409 SH 1,658,426 sole - 1,658,426 - - BAKBONE SOFTWARE INC Common 057101107 1,796 SH 2,190,200 sole - 2,190,200 - - BLUEPHOENIX SOLUTIONS LTD Common M20157109 1,816 SH 393,879 sole - 393,879 - - C&D TECHNOLOGIES INC Common 124661109 827 SH 97,763 sole - 97,763 - - CAS MED SYS INC Common 124769209 2,289 SH 715,405 sole - 715,405 - - COMMAND CENTER Common 200497105 673 SH 1,247,000 sole - 1,247,000 - - COMMAND CENTER Warrants 200497105 338 WTS 625,000 sole - 625,000 - - CREDENCE SYSTEMS CORP Common 225302108 1,556 SH 1,196,787 sole - 1,196,787 - - DANKA BUSINESS SYSTEMS PLC ADR Common 236277109 295 SH 2,683,729 sole - 2,683,729 - - DATATRAK INTL INC Common 238134100 437 SH 972,169 sole - 972,169 - - DATATRAK INTL INC Warrants 238134100 29 WTS 63,750 sole - 63,750 - - ECTEL LTD Common M29925100 2,025 SH 1,065,916 sole - 1,065,916 - - EMERGENT BIOSOLUTIONS INC Common 29089Q105 3,636 SH 366,158 sole - 366,158 - - ENDWAVE CORPORATION Common 29264A206 9,839 SH 1,549,486 sole - 1,549,486 - - FALCONSTOR SOFTWARE INC Common 306137100 1,428 SH 201,763 sole - 201,763 - - FX ENERGY INC Common 302695101 8,837 SH 1,676,837 sole - 1,676,837 - - FX ENERGY INC Warrants 302695101 527 WTS 100,000 sole - 100,000 - - GOLDLEAF FINANCIAL SOLUTIONS Common 38144H208 797 SH 369,130 sole - 369,130 - - GRANITE CITY FOOD & BREWERY Warrants 38724Q107 121 WTS 61,538 sole - 61,538 - - HACKETT GROUP INC Common 404609109 1,143 SH 199,150 sole - 199,150 - - HC INNOVATIONS INC Common 40413G101 549 SH 722,347 sole - 722,347 - - HC INNOVATIONS INC Warrants 40413G101 988 WTS 1,300,000 sole - 1,300,000 - - HIGHBURY FINANCIAL INC Common 42982Y109 278 SH 111,128 sole - 111,128 - - HIGHBURY FINANCIAL INC Warrants 42982Y109 1,044 WTS 417,500 sole - 417,500 - - HOLLY CORP Common 435758305 1,272 SH 34,449 sole - 34,449 - - HOLLYWOOD MEDIA CORP Common 436233100 3,968 SH 1,606,553 sole - 1,606,553 - - HOLLYWOOD MEDIA CORP Warrants 436233100 371 WTS 150,000 sole - 150,000 - - HUDSON HIGHLAND GROUP INC Common 443792106 691 SH 65,952 sole - 65,952 - - HYDE PARK ACQUISITION CORP Warrants 448638114 390 WTS 50,000 sole - 50,000 - - HYPERCOM CORP Common 44913M105 5,353 SH 1,216,597 sole - 1,216,597 - - INNOVEX INC Common 457647105 449 SH 748,962 sole - 748,962 - - INPLAY TECHNOLOGIES Warrants 45773L103 29 WTS 81,900 sole - 81,900 - - INSIGNIA SYS INC Common 45765Y105 1,473 SH 887,235 sole - 887,235 - - INTEGRATED MANAGEMENT INFORMATIONCommon 45822F107 84 SH 300,000 sole - 300,000 - - INTERLINK ELECTRONICS Common 458751104 866 SH 1,332,594 sole - 1,332,594 - - INTERLINK ELECTRONICS Conv Deb 458751104 428 PRN 658,730 sole - 658,730 - - INTERLINK ELECTRONICS Warrants 458751104 214 WTS 329,365 sole - 329,365 - - INTERNET CAPITAL GROUP INC Common 46059C205 1,029 SH 133,115 sole - 133,115 - - INYX INC Common 461868101 8 SH 1,725,000 sole - 1,725,000 - - ITERIS INC Warrants 46564T107 176 WTS 69,688 sole - 69,688 - - KANA SOFTWARE INC Common 483600300 225 SH 177,000 sole - 177,000 - - KNIGHTSCOVE MEDIA CORP Common 49907Q301 358 SH 2,000,000 sole - 2,000,000 - - KNIGHTSCOVE MEDIA CORP Warrants 49907Q301 245 WTS 1,000,000 sole - 1,000,000 - - LCC INTERNATIONAL INC Preferred 501810105 1,276 SH 1,343,283 sole - 1,343,283 - - LEADIS TECHNOLOGY INC Common 52171N103 770 SH 481,157 sole - 481,157 - - LIONBRIDGE TECHNOLOGIES INC Common 536252109 4,972 SH 1,927,020 sole - 1,927,020 - - LTX CORP Common 502392103 1,137 SH 516,644 sole - 516,644 - - MANAGEMENT NETWORK GROUP INC Common 561693102 6,776 SH 4,672,799 sole - 4,672,799 - - MASCO CORP Common 574599106 315 SH 20,000 sole - 20,000 - - MATHSTAR INC Common 576801203 150 SH 107,312 sole - 107,312 - - MANHATTAN PHARMACEUTICALS Warrants 563118207 13 WTS 90,089 sole - 90,089 - - MEDICALCV INC Common 584639405 14 SH 714,286 sole - 714,286 - - MEDICALCV INC Warrants 584639405 8 WTS 403,569 sole - 403,569 - - MICRONETICS INC NEW Common 595125105 2,857 SH 336,888 sole - 336,888 - - NATIONSHEALTH INC Common 63860C100 92 SH 462,413 sole - 462,413 - - NAVARRE CORP Warrants 639208107 146 WTS 89,286 sole - 89,286 - - NEWTEK BUSINESS SERVICES INC Common 652526104 1,853 SH 1,798,941 sole - 1,798,941 - - NEOSE TECHNOLOGIES INC Common 640522108 1,027 SH 3,422,078 sole - 3,422,078 - - NEOSE TECHNOLOGIES INC Warrants 640522108 100 WTS 334,158 sole - 334,158 - - NEXXUS LIGHTING Common 868042102 5,672 SH 766,495 sole - 766,495 - - NEXXUS LIGHTING Warrants 868042102 2,160 WTS 291,929 sole - 291,929 - - NUMERAX INC Common 67053A102 9,987 SH 1,381,389 sole - 1,381,389 - - ORCHID CELLMARK INC Common 68573C107 262 SH 100,660 sole - 100,660 - - OPENWAVE SYSTEMS INC Common 6837138308 227 SH 152,100 sole - 152,100 - - OPTIMAL GROUP INC Common 68388R208 2,350 SH 1,087,808 sole - 1,087,808 - - PANTHEON CHINA ACQUISTION CORP Warrants 698659109 2,218 SH 385,000 sole - 385,000 PHYSICIANS FORMULA HOLDINGS Common 719427106 1,640 SH 175,431 sole - 175,431 - - PIER 1 IMPORTS INC Common 720279108 602 SH 175,000 sole - 175,000 - - POKERTEK INC Common 730864105 970 SH 263,901 sole - 263,901 - - PROLINK HOLDINGS CORP Common 74340T100 461 SH 1,023,807 sole - 1,023,807 - - RAINMAKER SYSTEMS INC Common 750875304 710 SH 243,101 sole - 243,101 - - REMEDENT INC Common 75954T104 1,226 SH 907,854 sole - 907,854 - - REMEDENT INC Warrants 75954T104 1,377 WTS 1,020,000 sole - 1,020,000 - - RESTAURANT ACQUISITION CORP Warrants 762150109 1,846 SH 320,000 sole - 320,000 - - RICHARDSON ELECTRONICS Common 763165107 474 SH 79,890 sole - 79,890 - - RICKS CABARET INTL Common 765641303 129 SH 7,700 sole - 7,700 - - RUBY TUESDAY INC Common 781182100 1,516 SH 280,800 sole - 280,800 - - SABA SOFTWARE INC Common 784932600 1,358 SH 423,072 sole - 423,072 - - SEAGATE TECHNOLOGY HOLDINGS Common G7945J104 191 SH 10,000 sole - 10,000 - - SKECHERS USA INC Common 830566105 342 SH 17,300 sole - 17,300 - - SONA MOBILE HLDS Common 83540T109 132 SH 1,976,632 sole - 1,976,632 - - SONA MOBILE HLDS Warrants 83540T109 47 WTS 705,031 sole - 705,031 - - SRS LABORATORIES INC Common 78464M106 3,632 SH 563,156 sole - 563,156 - - STOCKER AND YALE INC Common 86126T203 832 SH 1,410,732 sole - 1,410,732 - - SUMTOTAL SYSTEMS INC Common 866615107 4,780 SH 1,023,513 sole - 1,023,513 - - SYNTEL INC Common 87162H103 169 SH 5,000 sole - 5,000 - - TECHWELL INC Common 87874D101 283 SH 23,000 sole - 23,000 - - TELECOMMUNICATIONS SYSTEMS INC Common 87929J103 1,239 SH 267,501 sole - 267,501 - - TELULAR CORP Common 87970T208 267 SH 69,954 sole - 69,954 - - TIER TECHNOLOGIES INC CL B Common 88650Q100 8,043 SH 1,004,094 sole - 1,004,094 - - VUBOTICS INC Common 92909L102 57 SH 2,825,471 sole - 2,825,471 - - VUBOTICS INC Warrants 92909L102 92 WTS 4,619,707 sole - 4,619,707 - - VUBOTICS INC Conv Deb 92909L102 3 PRN 150,001 sole - 150,001 - - WESTERN POWER & EQUIP CORP Common 959221102 34 SH 838,099 sole - 838,099 - - WHITE ELECTRONIC DESIGNS CORP Common 963801105 139 SH 30,200 sole - 30,200 - - WIRELESS RONIN TECHNOLOGIES INC Common 97652A203 194 SH 39,500 sole - 39,500 - - YOU BET INTERNATIONAL Common 987413101 1,242 SH 978,114 sole - 978,114 - - YAHOO INC Common 984332106 1,539 SH 74,500 sole - 74,500 - - YUCHENG TECHNOLOGIES Common G98777108 302 SH 27,000 sole - 27,000 - - FX ENERGY INC Common 302695101 1,054 CALL 200,000 sole - 200,000 - - FX ENERGY INC Common 302695101 105 PUT 20,000 sole - 20,000 - - RUSSELL 2000 INDEX Common 12496N105 686 PUT 25,000 sole - 25,000 - - 178,769
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