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POTOMAC CAPITAL MANAGEMENT LLC
> AXST
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 03/31/2008 | AXESSTEL INC | AXST | 1,686,926 | 1,686,926 | -169 | -169 | $0.00 |
| 09/30/2007 | AXESSTEL INC | AXST | 1,686,926 | 0 | -169 | 0 | $0.00 |
| 06/30/2007 | AXESSTEL INC | AXST | 1,686,926 | 0 | -169 | 0 | $0.00 |
| 03/31/2007 | AXESSTEL INC | AXST | 1,686,926 | 0 | -169 | -3,290,169 | $0.00 |
| 12/31/2006 | AXESSTEL INC | AXST | 1,686,926 | 283,726 | 3,290,000 | 1,083,000 | $1.95 |
| 09/30/2006 | AXESSTEL INC | AXST | 1,403,200 | 20,100 | 2,207,000 | 202,000 | $1.57 |
| 06/30/2006 | AXESSTEL INC | AXST | 1,383,100 | 0 | 2,005,000 | -457,000 | $1.45 |
| 03/31/2006 | AXESSTEL INC | AXST | 1,383,100 | 0 | 2,462,000 | 899,000 | $1.78 |
| 12/31/2005 | AXESSTEL INC | AXST | 1,383,100 | 705,900 | 1,563,000 | -286,000 | $1.13 |
| 09/30/2005 | AXESSTEL INC | AXST | 677,200 | 597,400 | 1,849,000 | 1,575,000 | $2.73 |
| 06/30/2005 | AXESSTEL INC | AXST | 79,800 | 79,800 | 274,000 | 274,000 | $3.43 |
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