Sarachek Joseph E 4
4 · Chazak Value Corp. · Filed Feb 4, 2008
Insider Transaction Report
Form 4
Chazak Value Corp.CARD.OB
Sarachek Joseph E
DirectorCEO & President10% Owner
Transactions
- Purchase
Common Stock
2008-01-31$0.11/sh+924,000$99,977→ 924,000 total
Footnotes (1)
- [F1]The Reporting Person received his shares of Common Stock as a distribution from The 500 Group, LLC, pursuant to that certain Funding Agreement, dated as of January 18, 2008, among The 500 Group, LLC, its members (including the Reporting Person), and PubliCARD, Inc., the Issuer's predecessor. In addition to the shares reported on Table I herein, the Reporting Person is expected to receive approximately 48 shares of the Common Stock of the Issuer in exchange for the 4,000 shares of Common Stock of PubliCARD, Inc. previously owned by him.