SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* Hunt Richard William (Last) (First) (Middle) C/O NETWORK 1 FINANCIAL GROUP, INC. 2 BRIDGE AVENUE, 4TH FLOOR (Street) RED BANK NJ 07701 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 06/09/2009	3. Issuer Name and Ticker or Trading Symbol INTERNATIONAL SMART SOURCING INC [ ISSG ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director X 10% Owner X Officer (give title below) Other (specify below) CEO and VP	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	8,580,624(1)	D
Common Stock	429,031	I	See Footnote(2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrants to purchase common stock(3)	04/23/2000	04/23/2010	Common Stock	275,278(3)	$1.03(3)	I	See Footnote(4)

Explanation of Responses:

1. Represents shares of the issuer's common stock which Mr. Hunt received in connection with the issuers' acquisition of Network 1 Financial Securities, Inc. ("NETW"), which closed on June 9, 2009, as a result of Mr. Hunt's former ownership of NETW shares.

2. Represents shares of the issuer's common stock received by Network 1 Financial Advisors, Inc., a corporation over which Mr. Hunt shares voting and investment control with William Hunt, Jr., in connection with the issuer's acquisition of NETW.

3. Represents 53,452 warrants. Each warrant is exercisable for approximately 5.1546378 shares of the issuer's common stock at an exercise price of approximately $1.03092756 per warrant, or approximately $0.20 per share of common stock.

4. Represents warrants owned by NETW. By virtue of Mr. Hunt's position as Chief Executive Officer, Secretary and Chairman of the Board of NETW, Mr. Hunt may be deemed to be the beneficial owner of these warrants. Mr. Hunt shares voting and investment control over these securities with William Hunt, Jr., President, Chief Financial Officer, Chief Operating Officer and a director of NETW, and Damon Testaverde, managing director of NETW.

	/s/ Richard W. Hunt	06/18/2009
	** 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 5 (b)(v).
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