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Insider Filings - QUERCUS TRUST
Last Updated 
10-May-12
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QUERCUS TRUST: Declared Holdings
Company/RelationshipReportedShares  Ownership
AXION POWER INTL INC
Beneficial Owner (10% or more)
OTC BB:AXPW.OB
(historical quotes, profile, other insiders) 		26-Apr-121,617,352  Direct
BLUEFIRE RENEWABLES
Beneficial Owner (10% or more)
OTC BB:BFRE.OB
(historical quotes, profile, other insiders) 		17-Jun-102,585,655  Direct

Insider & restricted shareholder transactions reported over the last two years
DateSharesStockTransaction
26-Apr-12 202,000AXPW.OB Sale at $0.42 per share.
(Proceeds of $84,840)
25-Apr-12 35,000AXPW.OB Sale at $0.43 per share.
(Proceeds of $15,050)
24-Apr-12 19,000AXPW.OB Sale at $0.43 per share.
(Proceeds of $8,170)
23-Apr-12 30,000AXPW.OB Sale at $0.42 per share.
(Proceeds of $12,600)
20-Apr-12 6,000AXPW.OB Sale at $0.43 per share.
(Proceeds of $2,580)
19-Apr-12 11,000AXPW.OB Sale at $0.43 per share.
(Proceeds of $4,730)
18-Apr-12 13,000AXPW.OB Sale at $0.43 per share.
(Proceeds of $5,590)
17-Apr-12 11,000AXPW.OB Sale at $0.42 per share.
(Proceeds of $4,620)
16-Apr-12 28,000AXPW.OB Sale at $0.42 per share.
(Proceeds of $11,760)
10-Apr-12 83,000AXPW.OB Sale at $0.42 - $0.44 per share.
(Proceeds of about $36,000)
9-Apr-12 10,000AXPW.OB Sale at $0.43 per share.
(Proceeds of $4,300)
5-Apr-12 12,000AXPW.OB Sale at $0.43 per share.
(Proceeds of $5,160)
4-Apr-12 49,000AXPW.OB Sale at $0.43 per share.
(Proceeds of $21,070)
3-Apr-12 71,000AXPW.OB Sale at $0.44 per share.
(Proceeds of $31,240)
2-Apr-12 53,000AXPW.OB Sale at $0.41 per share.
(Proceeds of $21,730)
30-Mar-12 11,000AXPW.OB Sale at $0.40 per share.
(Proceeds of $4,400)
29-Mar-12 34,000AXPW.OB Sale at $0.40 per share.
(Proceeds of $13,600)
28-Mar-12 16,000AXPW.OB Sale at $0.39 per share.
(Proceeds of $6,240)
27-Mar-12 18,000AXPW.OB Sale at $0.40 per share.
(Proceeds of $7,200)
26-Mar-12 19,000AXPW.OB Sale at $0.40 per share.
(Proceeds of $7,600)
23-Mar-12 20,000AXPW.OB Sale at $0.38 per share.
(Proceeds of $7,600)
22-Mar-12 19,000AXPW.OB Sale at $0.38 per share.
(Proceeds of $7,220)
21-Mar-12 25,000AXPW.OB Sale at $0.40 per share.
(Proceeds of $10,000)
20-Mar-12 25,000AXPW.OB Sale at $0.39 per share.
(Proceeds of $9,750)
20-Mar-12 25,000AXPW.OB Sale at $0.39 per share.
(Proceeds of $9,750)
19-Mar-12 15,000AXPW.OB Sale at $0.39 per share.
(Proceeds of $5,850)
16-Mar-12 15,000AXPW.OB Sale at $0.38 per share.
(Proceeds of $5,700)
9-Feb-12 37,999AXPW.OB Sale at $0.43 per share.
(Proceeds of $16,339)
13-Jan-12 56,000AXPW.OB Sale at $0.49 per share.
(Proceeds of $27,440)
12-Jan-12 143,500AXPW.OB Sale at $0.50 per share.
(Proceeds of $71,750)
11-Jan-12 111,000AXPW.OB Sale at $0.52 per share.
(Proceeds of $57,720)
9-Jan-12 6,000AXPW.OB Sale at $0.42 per share.
(Proceeds of $2,520)
6-Jan-12 113,000AXPW.OB Sale at $0.41 per share.
(Proceeds of $46,330)
5-Jan-12 88,000AXPW.OB Sale at $0.36 per share.
(Proceeds of $31,680)
4-Jan-12 70,000AXPW.OB Sale at $0.32 per share.
(Proceeds of $22,400)
3-Jan-12 35,000AXPW.OB Sale at $0.29 per share.
(Proceeds of $10,150)
30-Dec-11 122,000AXPW.OB Sale at $0.19 per share.
(Proceeds of $23,180)
29-Dec-11 128,000AXPW.OB Sale at $0.26 per share.
(Proceeds of $33,280)
28-Dec-11 25,000AXPW.OB Sale at $0.28 per share.
(Proceeds of $7,000)
27-Dec-11 100,000AXPW.OB Sale at $0.28 per share.
(Proceeds of $28,000)
23-Dec-11 30,000AXPW.OB Sale at $0.29 per share.
(Proceeds of $8,700)
22-Dec-11 25,000AXPW.OB Sale at $0.30 per share.
(Proceeds of $7,500)
21-Dec-11 10,000AXPW.OB Sale at $0.20 per share.
(Proceeds of $2,000)
20-Dec-11 17,000AXPW.OB Sale at $0.30 per share.
(Proceeds of $5,100)
19-Dec-11 63,000AXPW.OB Sale at $0.29 per share.
(Proceeds of $18,270)
7-Nov-11 28,900AXPW.OB Sale at $0.46 per share.
(Proceeds of $13,294)
4-Nov-11 12,500AXPW.OB Sale at $0.50 per share.
(Proceeds of $6,250)
3-Nov-11 12,400AXPW.OB Sale at $0.48 per share.
(Proceeds of $5,952)
2-Nov-11 6,500AXPW.OB Sale at $0.49 per share.
(Proceeds of $3,185)
1-Nov-11 6,000AXPW.OB Sale at $0.48 per share.
(Proceeds of $2,880)
31-Oct-11 7,000AXPW.OB Sale at $0.49 per share.
(Proceeds of $3,430)
28-Oct-11 6,000AXPW.OB Sale at $0.49 per share.
(Proceeds of $2,940)
27-Oct-11 6,200AXPW.OB Sale at $0.51 per share.
(Proceeds of $3,162)
26-Oct-11 10,000AXPW.OB Sale at $0.49 per share.
(Proceeds of $4,900)
25-Oct-11 10,500AXPW.OB Sale at $0.50 per share.
(Proceeds of $5,250)
24-Oct-11 12,000AXPW.OB Sale at $0.50 per share.
(Proceeds of $6,000)
21-Oct-11 5,200AXPW.OB Sale at $0.53 per share.
(Proceeds of $2,756)
20-Oct-11 2,500AXPW.OB Sale at $0.53 per share.
(Proceeds of $1,325)
18-Oct-11 7,800AXPW.OB Sale at $0.52 per share.
(Proceeds of $4,056)
14-Oct-11 5,000AXPW.OB Sale at $0.53 per share.
(Proceeds of $2,650)
13-Oct-11 2,500AXPW.OB Sale at $0.52 per share.
(Proceeds of $1,300)
10-Oct-11 7,200AXPW.OB Sale at $0.53 per share.
(Proceeds of $3,816)
7-Oct-11 7,000AXPW.OB Sale at $0.50 per share.
(Proceeds of $3,500)
6-Oct-11 10,000AXPW.OB Sale at $0.51 per share.
(Proceeds of $5,100)
26-Sep-11 8,800AXPW.OB Sale at $0.54 per share.
(Proceeds of $4,752)
22-Sep-11 38,000AXPW.OB Sale at $0.55 per share.
(Proceeds of $20,900)
21-Sep-11 4,500AXPW.OB Sale at $0.60 per share.
(Proceeds of $2,700)
20-Sep-11 5,000AXPW.OB Sale at $0.61 per share.
(Proceeds of $3,050)
19-Sep-11 17,000AXPW.OB Sale at $0.58 per share.
(Proceeds of $9,860)
16-Sep-11 29,000AXPW.OB Sale at $0.62 per share.
(Proceeds of $17,980)
1-Sep-11 11,000AXPW.OB Sale at $0.57 per share.
(Proceeds of $6,269)
31-Aug-11 7,300AXPW.OB Sale at $0.56 per share.
(Proceeds of $4,088)
30-Aug-11 14,200AXPW.OB Sale at $0.53 per share.
(Proceeds of $7,526)
29-Aug-11 13,400AXPW.OB Sale at $0.51 per share.
(Proceeds of $6,834)
19-Aug-11 1,054,762AXPW.OB Sale at $0.40 per share.
(Proceeds of $421,904)
29-Jul-11 17,400AXPW.OB Sale at $0.64 per share.
(Proceeds of $11,136)
28-Jul-11 8,000AXPW.OB Sale at $0.63 per share.
(Proceeds of $5,040)
27-Jul-11 9,775AXPW.OB Sale at $0.64 per share.
(Proceeds of $6,256)
26-Jul-11 21,000AXPW.OB Sale at $0.63 per share.
(Proceeds of $13,230)
25-Jul-11 24,000AXPW.OB Sale at $0.64 per share.
(Proceeds of $15,360)
22-Jul-11 31,820AXPW.OB Sale at $0.63 per share.
(Proceeds of $20,046)
21-Jul-11 20,000AXPW.OB Sale at $0.63 per share.
(Proceeds of $12,600)
20-Jul-11 8,500AXPW.OB Sale at $0.64 per share.
(Proceeds of $5,440)
22-Jun-11 21,600AXPW.OB Sale at $0.64 per share.
(Proceeds of $13,824)
21-Jun-11 18,400AXPW.OB Sale at $0.65 per share.
(Proceeds of $11,960)
20-Jun-11 21,500AXPW.OB Sale at $0.66 per share.
(Proceeds of $14,190)
17-Jun-11 12,100AXPW.OB Sale at $0.65 per share.
(Proceeds of $7,865)
16-Jun-11 5,000AXPW.OB Sale at $0.64 per share.
(Proceeds of $3,200)
15-Jun-11 10,000AXPW.OB Sale at $0.64 per share.
(Proceeds of $6,400)
14-Jun-11 21,000AXPW.OB Sale at $0.65 per share.
(Proceeds of $13,650)
13-Jun-11 4,000AXPW.OB Sale at $0.65 per share.
(Proceeds of $2,600)
10-Jun-11 7,200AXPW.OB Sale at $0.64 per share.
(Proceeds of $4,608)
9-Jun-11 41,000AXPW.OB Sale at $0.64 per share.
(Proceeds of $26,240)
8-Jun-11 86,700AXPW.OB Sale at $0.61 per share.
(Proceeds of $52,887)
7-Jun-11 24,350AXPW.OB Sale at $0.67 per share.
(Proceeds of $16,314)
6-Jun-11 53,671AXPW.OB Sale at $0.69 per share.
(Proceeds of $37,032)
3-Jun-11 145,000AXPW.OB Sale at $0.67 per share.
(Proceeds of $97,150)
27-May-11 25,000AXPW.OB Sale at $0.77 per share.
(Proceeds of $19,250)
26-May-11 21,365AXPW.OB Sale at $0.77 per share.
(Proceeds of $16,451)
25-May-11 13,000AXPW.OB Sale at $0.78 per share.
(Proceeds of $10,140)
16-May-11 19,800AXPW.OB Sale at $0.78 per share.
(Proceeds of $15,444)
13-May-11 17,000AXPW.OB Sale at $0.80 per share.
(Proceeds of $13,600)
11-May-11 24,000AXPW.OB Sale at $0.81 per share.
(Proceeds of $19,440)
10-May-11 16,000AXPW.OB Sale at $0.80 per share.
(Proceeds of $12,800)
9-May-11 16,000AXPW.OB Sale at $0.80 per share.
(Proceeds of $12,800)
6-May-11 24,000AXPW.OB Sale at $0.70 - $0.8 per share.
(Proceeds of about $18,000)
5-May-11 18,000AXPW.OB Sale at $0.75 per share.
(Proceeds of $13,500)
18-Apr-11 26,100AXPW.OB Sale at $0.94 per share.
(Proceeds of $24,534)
15-Apr-11 38,370AXPW.OB Sale at $0.96 per share.
(Proceeds of $36,835)
14-Apr-11 61,000AXPW.OB Sale at $0.95 per share.
(Proceeds of $57,950)
16-Mar-11 44,200AXPW.OB Sale at $0.88 per share.
(Proceeds of $38,896)
15-Mar-11 29,600AXPW.OB Sale at $0.86 per share.
(Proceeds of $25,456)
14-Mar-11 9,000AXPW.OB Sale at $0.87 per share.
(Proceeds of $7,830)
11-Mar-11 38,700AXPW.OB Sale at $0.85 per share.
(Proceeds of $32,895)
9-Mar-11 126,000AXPW.OB Sale at $0.91 per share.
(Proceeds of $114,660)
17-Jun-10 470,000BFRE.OB Sale

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