SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 3 )*

GLOBAL SERVICES PARTNERS ACQUISITION CORP.

(Name of Issuer)

Common Stock, Par Value $0.0001

(Title of Class of Securities)

37946Y203

(CUSIP Number)

May 12, 2008

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

□	Rule 13d-1(b)

■	Rule 13d-1(c)

□	Rule 13d-1(d)

*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 in 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. 37946Y203

NAME OF REPORTING PERSON

Pentagram Partners, L.P.

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

□

3.	SEC USE ONLY

4.	CITIZENSHIP OR PLACE OF ORGANIZATION

New York

NUMBER OF

BENEFICIALLY

OWNED

BY EACH

REPORTING

PERSON WITH

5. SOLE VOTING POWER

1,266,100

6. SHARED VOTING POWER

7. SOLE DISPOSITIVE POWER

1,266,100

8. SHARED DISPOSITIVE POWER

9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

1,266,100

10.	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* □

11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW

3.4%

12.	TYPE OF REPORTING PERSON*

CUSIP No. 37946Y203

NAME OF REPORTING PERSON

Richard Jacinto, II

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

□

3.	SEC USE ONLY

4.	CITIZENSHIP OR PLACE OF ORGANIZATION

United States

NUMBER OF

BENEFICIALLY

OWNED

BY EACH

REPORTING

PERSON WITH

5. SOLE VOTING POWER

1,266,100

6. SHARED VOTING POWER

7. SOLE DISPOSITIVE POWER

1,266,100

8. SHARED DISPOSITIVE POWER

9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

1,266,100

10.	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* □

11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW

3.4%

12.	TYPE OF REPORTING PERSON*

SCHEDULE 13G

Item 1.

Name and Address of Issuer

(a)

Global Services Partners Acquisition Corp.

(b)

3130 Fairview Park Drive, Suite 500

Falls Church, VA 22042

Item 2.

Name, Address and Citizenship of Person Filing; Class of Securities and CUSIP Number

(a)

This statement is being filed on behalf of Pentagram Partners, L.P., a New York limited partnership (“Pentagram”), and Richard Jacinto, II. Mr. Jacinto is the General Partner of Pentagram and consequently may be deemed to be the beneficial owner of its holdings by virtue of controlling the voting and dispositive powers of Pentagram.

(b)

The business address for Pentagram and Mr. Jacinto is: 630 Fifth Avenue, 20^th Floor, New York, NY 10111

(c)

Pentagram Partners, L.P. is a limited partnership formed under the laws of the state of New York. Mr. Jacinto is a United States citizen.

(d)

Common Stock, par value $0.0001

(e)

37946Y203

Item 3.

If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a:

(a)

Broker or Dealer registered under Section 15 of the Act

(b)

Bank is defined in Section 3(a)(6) of the Act

(c)

Insurance Company as defined in Section 3(a)(19) of the Act

(d)

Investment Company registered under Section 8 of the Investment Company Act

(e)

Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940

(f)

Employee Benefit Plan or Endowment Fund in accordance with §240.13d-1(b)(1)(ii)(F)

(g)

Parent Holding Company or Control Person in accordance with §240.13d-1(b)(ii)(G)

(h)

Savings Associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813)

(i)

Church Plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3)

(j)

Group, in accordance with §240.13d-1(b)(1)(ii)(H)

Item 4.

Ownership

(a) The Reporting Persons own 135,000 shares of the Issuer’s common stock, 675,000 Class Z Warrants and 456,100 Class W Warrants. Each Class Z and Class W warrant became exercisable into one share of common stock upon Issuer’s completion of a business acquisition, on May 12, 2008. Notwithstanding the foregoing, the Reporting Persons are deemed to beneficially own 1,266,100 shares of the Issuer’s common stock, which includes such shares of common stock underlying the Class Z and Class W warrants, in accordance with and pursuant to Rule 13d-3(d).

(b) 1,266,100 shares of common stock represents 3.4% ownership of the Issuer’s outstanding common stock shares, determined in accordance with Rule 13d-3(d)(1). The percentage calculation is based upon 35,920,100 outstanding shares of the Issuer’s common stock as of May 12, 2008, determined in accordance with the Issuer’s disclosure of recent unregistered sales of securities under item 3.02 of Current Report on Form 8-K, filed May 15, 2008, including prior outstanding shares reported in the Issuer’s most recent quarterly report on Form 10-Q, filed March 4, 2008.

(c)

Number of shares as to which the Reporting Persons have:

(i)

sole power to vote or to direct the vote:

1,266,100

(ii)

shared power to vote or to direct the vote:

(iii)

sole power to dispose or to direct the disposition of:

1,266,100

(iv)

shared power to dispose or to direct the disposition of:

Item 5.

Ownership of Five Percent or Less of a Class

If this Statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: [X]

Item 6.

Ownership of More than Five Percent on Behalf of Another Person

Not applicable.

Item 7.

Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company.

Not applicable.

Item 8.

Identification and Classification of Members of the Group

Not applicable.

Item 9.

Notice of Dissolution of Group

Not applicable.

Item 10.

Certification

By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transactions having that purposes or effect.

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: May 19, 2008

Pentagram Partners, LP

/s/ Richard Jacinto, II
Richard Jacinto, II, General Partner

/s/ Richard Jacinto, II
Richard Jacinto, II, individual