-----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, Me10hsVqXmFfFRVseusGznYHYEkLXVoqAMoQ2Ym+6AiO4F870jTLXZL1GkT1ujjK e32jUsXYWsTEHaj1eVZKJg== 0000891092-05-001549.txt : 20050809 0000891092-05-001549.hdr.sgml : 20050809 20050809163832 ACCESSION NUMBER: 0000891092-05-001549 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050809 DATE AS OF CHANGE: 20050809 GROUP MEMBERS: SANDRA F. PESSIN FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PESSIN NORMAN H CENTRAL INDEX KEY: 0000923666 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: BUSINESS PHONE: 2124765654 MAIL ADDRESS: STREET 1: C/O NEUBERGER & BERMAN LLC STREET 2: 605 THIRD AVE CITY: NEW YORK STATE: NY ZIP: 10158 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VCAMPUS CORP CENTRAL INDEX KEY: 0000943742 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-SERVICES, NEC [8900] IRS NUMBER: 541290319 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-48491 FILM NUMBER: 051010452 BUSINESS ADDRESS: STREET 1: 1850 CENTENNIAL PARK DR STREET 2: SUITE 200 CITY: RESTON STATE: VA ZIP: 20191 BUSINESS PHONE: 7036547213 MAIL ADDRESS: STREET 1: 1850 CENTENNIAL PARK DR STREET 2: SUITE 200 CITY: RESTON STATE: VA ZIP: 20191 FORMER COMPANY: FORMER CONFORMED NAME: UOL PUBLISHING INC DATE OF NAME CHANGE: 19960917 FORMER COMPANY: FORMER CONFORMED NAME: UNIVERSITY ONLINE INC DATE OF NAME CHANGE: 19960903 SC 13D 1 e22307sc13d.txt SCHEDULE 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. )* V Campus Corporation - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $0.01 par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 92240C100 - -------------------------------------------------------------------------------- (CUSIP Number) Norman H. Pessin 605 Third Avenue-19th Floor New York, New York 10158 (212) 476-5654 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) April 1,2005 - -------------------------------------------------------------------------------- (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). (Continued on following page(s)) PAGE 2 CUSIP No. 92240C100 Schedule 13D - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS PF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 1) 253,300 2) 230,000 --------------------------------------------------------- 8 SHARED VOTING POWER NUMBER OF SHARES - - - - - - - - - - BENEFICIALLY --------------------------------------------------------- OWNED BY EACH 9 SOLE DISPOSITIVE POWER REPORTING 1) 253,300 PERSON WITH 2) 480,000 --------------------------------------------------------- 10 SHARED DISPOSITIVE POWER - - - - - - - - - - - - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1) 253,300 2) 480,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1) 2.68% 2) 4.96% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! PAGE 3 CUSIP No. 92240C100 Schedule 13D Item 1. Security and Issuer This Schedule 13D relates to the common stock, $0.01 par value (the "Common Stock"), of V Campus Corporation, (the "Issuer"), whose principal executive offices are located at 1850 Centenniel Park Drive, Suite 200, Reston, VA 20191. Item 2. Identity and Background This Schedule 13D is being filed by SEP F/B/O Norman H. Pessin and for Sandra F. Pessin (each a "Reporting Person") Certain information with respect to each Reporting Person is set forth below: Name and Address: 1) Norman H. Pessin 605 Third Avenue-19th Floor New York, New York 10158 2) Sandra F. Pessin 605 Third Avenue-19th Floor New York, New York 10158 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 SEP IRA F/B/O Norman H. Pessin purchased 253,300 Shares of Common Stock as follows: PAGE 4 CUSIP No. 92240C100 Date Number of Shares Price per Share ---- ---------------- --------------- 04/01/05 43,700 $1.296 04/04/05 25,000 1.348 04/06/05 3,700 1.294 04/08/05 5,900 1.295 04/14/05 21,600 1.197 04/15/05 4,500 1.199 04/25/05 31,600 1.072 04/26/05 2,000 1.060 04/27/05 17,300 1.073 05/10/05 21,300 1.071 05/16/05 6,700 0.872 05/17/05 10,000 0.930 05/18/05 11,000 1.098 05/19/05 9,000 1.131 05/25/05 10,000 1.099 06/15/05 7,500 1.027 06/16/05 6,500 1.041 06/17/05 5,000 1.018 06/20/05 2,000 1.030 06/21/05 4,000 1.040 06/27/05 3,000 1.000 06/28/05 2,000 1.000 This was a total of 253,300 shares for $297,438. Sandra F. Pessin purchased 200,000 shares on 3/23/05 for a purchase price of $326,000 and acquired a warrant to purchase 250,000 shares at a price of $1.63 per share. On 6/30/05 she acquired an additional 30,000 shares for a price of $31,800. 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 253,300 shares of common stock of the issuer, constituting 2.68% of the outstanding shares thereof. Sandra F. Pessin owns 230,000 shares and a warrant to acquire 250,000 shares which aggregate 4.96% of the shares thereof. PAGE 5 CUSIP No. 92240C100 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 By: /s/ Norman H. Pessin ---------------------------------------- Norman H. Pessin /s/ Sandra F. Pessin ---------------------------------------- Sandra F. Pessin August 9, 2005 -----END PRIVACY-ENHANCED MESSAGE-----