-----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, AFn3D3zjk8wRK1fjUq2GHZFHHZwrjutKCcYHLqLQK1aQJlX0dQAQiOkmTUhJbYSp DjW02SV42llU9utvY6crBQ== 0001144204-08-040861.txt : 20080721 0001144204-08-040861.hdr.sgml : 20080721 20080721144235 ACCESSION NUMBER: 0001144204-08-040861 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080721 DATE AS OF CHANGE: 20080721 GROUP MEMBERS: FRANK ISLAM SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ISRAEL GROWTH PARTNERS ACQUISITION CORP. CENTRAL INDEX KEY: 0001335725 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 203233358 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-81927 FILM NUMBER: 08961117 BUSINESS ADDRESS: STREET 1: YAHALOM TOWER, 28TH FLOOR STREET 2: 3A ZABOTINSKI ST. CITY: RAMAT GANN STATE: L3 ZIP: 52520 BUSINESS PHONE: 972-3-5751418 MAIL ADDRESS: STREET 1: YAHALOM TOWER, 28TH FLOOR STREET 2: 3A ZABOTINSKI ST. CITY: RAMAT GANN STATE: L3 ZIP: 52520 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FI Investment Group, LLC CENTRAL INDEX KEY: 0001440369 IRS NUMBER: 208525298 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 1600 TYSONS BLVD STREET 2: SUITE 1150 CITY: MCLEAN STATE: VA ZIP: 22102 BUSINESS PHONE: 703-286-1390 MAIL ADDRESS: STREET 1: 1600 TYSONS BLVD STREET 2: SUITE 1150 CITY: MCLEAN STATE: VA ZIP: 22102 SC 13D 1 v120369_sc13d.htm Unassociated Document


 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
_________
 
SCHEDULE 13D
(Rule 13d-101)
 
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
 
ISRAEL GROWTH PARTNERS ACQUISITION CORP.
(Name of Issuer)
 
COMMON STOCK, $0.0001 PAR VALUE PER SHARE
(Title of Class of Securities)
 
465090108
(CUSIP Number)
 
Richard J. Roth
FI INVESTMENT GROUP, LLC
1600 Tysons Blvd., Suite 1150
McLean, VA 22102
(703) 286-1390
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

July 11, 2008
(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-l(e), 13d-l(f) or 13d-l(g), check the following box. o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 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 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).



 
CUSIP No.   465090108
 
1.
Names of Reporting Persons.
 
FI Investment Group, LLC
 
 
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
 
 
(a)   
 
 
 
(b)   
 
 
3.
SEC Use Only
 
4.
Source of Funds (See Instructions)
 
WC
 
 
5.
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ________________
 
 
6.
Citizenship or Place of Organization
 
Virginia
 
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
7.
Sole Voting Power
 
0
 
8.
Shared Voting Power
 
287,100
 
9.
Sole Dispositive Power
 
0
 
10.
Shared Dispositive Power
 
287,100
 
 
11.
Aggregate Amount Beneficially Owned by Each Reporting Person
 
287,100
 
 
12.
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  ________
 
 
13.
Percent of Class Represented by Amount in Row (11)
 
26.9%
  
 
14.
Type of Reporting Person (See Instructions)
 
OO (limited liability company)
  
 




CUSIP No.   465090108
 
1.
Names of Reporting Persons.
 
Frank Islam
 
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
 
 
(a)   
 
 
 
(b)   
 
 
3.
SEC Use Only
 
4.
Source of Funds (See Instructions)
 
WC
 
5.
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ____________
 
6.
Citizenship or Place of Organization
 
Virginia
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
7.
Sole Voting Power
 
0
8.
Shared Voting Power
 
287,100
9.
Sole Dispositive Power
 
0
10.
Shared Dispositive Power
 
287,100
 
11.
Aggregate Amount Beneficially Owned by Each Reporting Person
 
287,100
 
12.
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  __________
 
13.
Percent of Class Represented by Amount in Row (11)
 
26.9%
  
 
14.
Type of Reporting Person (See Instructions)
 
OO (limited liability company)
  
 



 
Item 1.  Security and Issuer
 
Common Stock, $0.0001 par value
 
Israel Growth Partners Acquisition Corp.
Yahalom Tower, 3a Jabotinski St.
Ramat Gan L3 52520 Israel
 
Item 2.  Identity and Background
 
The person filing this statement is FI Investment Group, LLC, a limited liability company organized under Virginia law. The principal business of FI Investment Group is business management. The address of its principal business and its principal place of business is 1600 Tysons Blvd., Suite 1150, McLean, Virginia 22102.

Frank Islam is the principal of FI Investment Group and as such has indirect voting and dispositive power over the shares held by FI Investment Group. Mr. Islam’s business address is 1600 Tysons Blvd., Suite 1150, McLean, Virginia 22102. His present principal occupation, which is conducted through FI Investment Group, is an investor. Mr. Islam is a United States citizen.

Neither FI Investment Group nor Mr. Islam has, during the last five years, been convicted in a criminal proceeding or been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding, become subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities law or finding any violation with respect to such laws.
 
Item 3.  Source and Amount of Funds and Other Consideration
 
The source of funds that were used to acquire the shares has been the general working capital funds of FI Investment Group. The aggregate cost of the shares purchased is $89,016.56.
 
Item 4.  Purpose of Transaction
 
 
The purpose of the acquisition of the shares is to gain a position to exercise sufficient influence or control over the issuer. While no specific plans have been made, possible actions include initiating efforts to effect an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the issuer or any of its subsidiaries and/or a change in the present board of directors or management of the issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board and/or a material change in the issuer's business or corporate structure.
 
Item 5.  Interest in Securities of the Issuer
 
As of the filing date of this Schedule 13D FI Investment Group beneficially owns 287,100 shares of the common stock of Israel Growth Partners Acquisition Corp., which represents 26.9% of the issuer’s outstanding common stock. FI Investment Group shares voting and disposition power with respect to these securities with its principal, Frank Islam. These shares were acquired on the open market as follows:

Date
 
No. of Shares Acquired
 
Price Per Share
 
Aggregate Price
 
               
7/11/08
   
65,000
   
$0.2254
   
$15,306,00
 
7/14/08
   
75,000
   
$0.238
   
$18,605.00
 
7/15/08
   
46,200
   
$0.2478
   
$11,915.36
 
7/18/08
   
100,900
   
$0.4180
   
$43,190.20
 
 
Item 6.    Contracts, Arrangements, Understandings or Relationships with Respect to the Securities of the Issuer
 
None




 
Item 7.     Materials to be Filed as Exhibits
 
Exhibit No.
Description of Exhibit
   
99
Joint Filing Agreement dated July 21, 2008



 
SIGNATURE
 
 
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.
 
 
 
Date: July 21, 2008
 
 
FI INVESTMENT GROUP, LLC
 
 
 
By: /s/ Richard Roth            
Name: Richard Roth
Title: Chief Financial Officer
 

 
 
       /s/ Frank Islam           
Frank Islam
 
 
 
 

 

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a Statement on Schedule 13D (including any and all amendments thereto) with respect to the shares of common stock, par value $0.0001 per share, of Israel Growth Partners Acquisition Corp., and further agree that this Joint Filing Statement shall be included as an Exhibit to such joint filings.

The undersigned further agree that each party hereto is responsible for the timely filing of such Statement on Schedule 13D and any amendments thereto, and for the accuracy and completeness of the information concerning such party contained therein; provided, however, that no party is responsible for the accuracy or completeness of the information concerning any other party, unless such party knows or has reason to believe that such information in inaccurate.

This Joint Filing Agreement may be signed in counterparts with the same effect as if the signature on each counterpart were upon the same instrument.

IN WITNESS WHEREOF, the undersigned have executed this Agreement as of July 21, 2008.

 
 
FI INVESTMENT GROUP, LLC
 
   
 
By:/s/ Richard Roth
 
Name: Richard Roth
 
Title: Chief Financial Officer
   
   
 
/s/ Frank Islam
 
Frank Islam

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