X0202 4 2008-01-31 0000081050 Chazak Value Corp. CARD.OB 0001370182 Sarachek Joseph E C/O CHAZAK VALUE CORP. 75 ROCKEFELLER PLAZA NEW YORK NY 10019 1 1 1 0 CEO & President Common Stock 2008-01-31 4 P 0 924000 .1082 A 924000 D 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. /s/Joseph Sarachek 2008-02-04