UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. )*
Fortress International Group, Inc.
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(Name of Issuer)
Common Stock, $0.001 par value
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(Title of Class of Securities)
34958D102
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Cusip Number
Norman H. Pessin
366 Madison Avenue, 14th Floor
New York, NY 10017
212-661-2670
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
January 6, 2009
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(Date of Event which Requires Filing
of this Statement)
If the filing person has previously filed a statement of Schedule 13G to report
the acquisition which is the subject of the Schedule 13D, and is filing this
schedule because of ss. 240.13d-1(e), ss. 240.13d-1(f) or ss. 240.13d-1(g),
check the following box |_|.
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See ss.240.13d-7(b) for other
parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
PAGE 2
CUSIP No. 34958D102
Schedule 13D
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
1) SEP IRA FBO Norman H. Pessin ###-##-####
2) Sandra F. Pessin ###-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
PF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) OR 2(e)
|_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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7 SOLE VOTING POWER
1) 473,184
2) 363,156
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NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY
OWNED BY -----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 1) 473,184
WITH 2) 363,156
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10 SHARED DISPOSITIVE POWER
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1)473,184
2)363,156
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_|
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1)3.76%
2)2.89%
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14 TYPE OF REPORTING PERSON*
IN
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PAGE 3
CUSIP No. 34958D102
Schedule 13D
Item 1. Security and Issuer
This Schedule 13D relates to the common stock, $ par value (the "Common
Stock"), of Fortress International Group, Inc., (the "Issuer"), whose principal
executive offices are located at 7226 Lee DeForest Drive, Suite 203, Columbia,
MD 21046
Item 2. Identity and Background
This Schedule 13D is being filed by SEP F/B/O Norman H. Pessin and Sandra F.
Pessin. Certain information with respect to each Reporting Person is set forth
below:
Name and Address: 1) Norman H. Pessin
366 Madison Avenue,
14th Floor
New York, NY 10017
2) Sandra F. Pessin
366 Madison Avenue,
14th Floor
New York, NY 10017
Principal Occupation: 1) Retired
2) Housewife
Criminal convictions: 1) None
2) None
Civil proceedings: 1) None
2) None
Citizenship: 1) United States
2) United States
Item 3. Source and Amount of Funds or Other Consideration Item 4. Purposes of
the Transactions
The purpose of the acquisitions of securities is investment. The Reporting
Persons reserve the right to seek changes in the management of the issuer in the
future or in its business. No such plans currently exist.
Item 5. Interest in Securities of the Issuer
SEP IRA F/B/O Norman H. Pessin owns 473,184 shares of common stock of the
issuer, constituting 3.76% of the outstanding shares thereof.
Sandra F. Pessin owns 363,156 shares of common stock of the issuer, constituting
2.89% of the outstanding shares thereof.
PAGE 4
CUSIP No. 34958D102
Item 6. Contracts, Arrangements, Understandings or Relationships with respect to
Securities of the Issuer
None.
Item 7. Material to Be Filed as Exhibits
None.
Signatures
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
SEP IRA F/B/O Norman H. Pessin
Sandra F. Pessin
By: /s/ Norman H. Pessin
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Norman H. Pessin
/s/ Sandra F. Pessin
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Sandra F. Pessin
January 6, 2009