SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
X	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Freedom Capital Partners LTD (Last) (First) (Middle) C/O LOGICA SA PO BOX 361, 16 RUE VOLTAIRE (Street) 1211 GENEVA 13, SWITZERLAND V8 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol IC ISAACS & CO INC [ ISAC.OB ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 01/04/2008
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.0001	01/04/2008		P		102,000	A	$0.55	1,831,750(1)	D(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* Freedom Capital Partners LTD (Last) (First) (Middle) C/O LOGICA SA PO BOX 361, 16 RUE VOLTAIRE (Street) 1211 GENEVA 13, SWITZERLAND V8 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* AHRENBERG STAFFAN (Last) (First) (Middle) C/O LOGICA SA PO BOX 361, 16 RUE VOLTAIRE (Street) 1211 GENEVA 13, SWITZERLAND V8 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* JACQUET ERNEST K (Last) (First) (Middle) C/O LOGICA SA PO BOX 361, 16 RUE VOLTAIRE (Street) 1211 GENEVA 13, SWITZERLAND V8 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. Staffan Ahrenberg also indirectly owns 264,728 shares of I.C. Isaacs & Company, Inc. (the "Issuer") through Rockbrook Investments SA. Rockbrook Investments SA is 100% owned by Mr. Ahrenberg.

2. This Form 4 is filed in connection with a joint/group filing consisting of Freedom Capital Partners Limited, Staffan Ahrenberg and Ernest Jacquet. Messrs. Ahrenberg and Jacquet are the owners and directors of Freedom Capital Partners Limited. Messrs. Ahrenberg's and Jacquet's address is c/o Logica SA, P.O. Box 361, 16 Rue Voltaire, 1211 Geneva 13, Switzerland.

	Freedom Capital Partners Limited By: /s/ Lauren Stark, Attorney-in-Fact	01/08/2008
	/s/ Lauren Stark, Attorney-in-Fact	01/08/2008
	/s/ Lauren Stark, Attorney-in-Fact	01/08/2008
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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