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TSS, Inc. — Director's Dealing 2007
Jul 18, 2007
33106_dirs_2007-07-18_0da053fc-7e3c-48c1-b296-b8cb9c5c9a7c.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Fortress International Group, Inc. (FAAC.OB)
CIK: 0001320760
Period of Report: 2007-07-11
Reporting Person: KITT BARRY M (10% Owner)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, par value $.0001 per share | 1307800 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Warrants to purchase shares of Common Stock | $5.00 | 2009-07-12 | Common Stock, par value $.0001 per share (154700) | Indirect |
Footnotes
F1: Barry M. Kitt exercises investment discretion and control over the shares of common stock of the issuer held by The Pinnacle
Fund, L.P., a Texas limited partnership ("Pinnacle"). Mr. Kitt may be deemed to be the beneficial owner of the shares of
common stock beneficially owned by Pinnacle. Mr. Kitt hereby disclaims beneficial ownership of the shares of common stock
reported herein to the extent of his direct or indirect pecuniary interest therein, and this Form 3 shall not be deemed to
be an admission that Mr. Kitt is the beneficial owner of the shares of common stock reported herein for purposes of Section
16 of the Securities Exchange Act of 1934, as amended or for any other purpose.
F2: This Form 3 is filed on behalf of Pinnacle and Barry M. Kitt. Pinnacle Advisers, L.P. ("Advisers") is the general partner of
Pinnacle. Pinnacle Fund Management, LLC ("Management") is the general partner of Advisers. Mr. Kitt is the sole member of
Management.
F3: Immediately.