Chazak Value Corp (CARD)
PubliCARD Emerges from Bankruptcy as Chazak Value Corp. and Will Focus on Acquisition of Privately Held Businesses Seeking to Restructure or With Succession Issues http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=109&STORY=/www/story/01-31-2008/0004746986&EDATE
NEW BOARD WITH CONSIDERABLE RESTRUCTURING EXPERIENCE
A new Board of Directors for Chazak has been installed consisting of
investment professionals with considerable restructuring and investment
management expertise. In addition to Joseph Sarachek, who is Managing
Director of Triax Capital Advisors, a restructuring and turnaround advisory
firm, the Board consists of Roger Ehrenberg, former CEO of DB Advisors, the
$6 billion, 130-person global investment platform of Deutsche Bank;
Jonathan Lewis, a professional investment manager focused on value-related
investments; Charles Fisch, a private investor and manager, specializing in
New York real estate; and David Marcus who manages the Marcap Investors, a
long-term investment company that invests in European equities.
Joseph Sarachek, the Chairman and Chief Executive Officer of Chazak stated "given the current market conditions, it is a favorable time to look for acquisitions of small privately-held cash flow positive companies with management teams in place."
Triax Capital Advisors
Chief Executive Officer of PubliCARD, Inc.
75 Rockefeller Plaza, 16th Floor
New York, NY 10019
F 212-265-6373 http://www.triaxcapitaladvisors.com/home.htm
Email Inquiries: JSarachek@triaxadvisors.com
Company News Links/Quotes/Filings: http://www.pinksheets.com/pink/quote/quote.jsp?symbol=card#getCompanyInfo http://www.publicard.com/investor/
Authorized Shares: 60ml from filing on January 30th http://pinksheets.com/edgar/GetFilingHtml?FilingID=5681811