What do you guys think about this one???
Invicta Group Inc. (OTCBB: IVIT) has closed on the acquisition of the assets of City Book Savings (www.citybooksavings.com
) from IMAGE Worldwide, Inc. (PINKSHEETS: IMGW). City Book Savings is a high-end 4-color glossy direct mailing market book. William Forhan, CEO and Chairman, Richard David Scott, President, and Mercedes Henze, Secretary, all resigned from the board and elected Paul Sorkin as President, CEO, and Chairman Invicta Group. William Forhan stated, "We believe Paul Sorkin's marketing experience will be of great value in expanding Invicta's current operations, along with bringing more great products to cross sell customers. Paul will also be able to cross sell all IMAGE Worldwide products also with Invicta." Paul Sorkin stated, "Invicta will see great cost savings on marketing by hiring IMAGE Worldwide to become the marketing firm of Invicta."
Mr. Sorkin has served as CEO and General Counsel at IMAGE Worldwide, Inc. from 2007 to the present. From 2005 to 2007, Mr. Sorkin served as CEO and General Counsel at Image Nationwide, Inc. From 1996 to 2004, Mr. Sorkin served as COO and General Counsel at S & B Collectibles. Mr. Sorkin holds a B.A. degree from the University of Illinois (1993) and a J.D. degree from Chicago Kent College of Law (1996).
About City Book Savings
City Book Savings is a high-end 4-color glossy direct mailing market book. Each book is a 4" x 6" perfect bound hard cover publication featuring magazine quality ads providing an image conscious demographic with incentives to frequent some of the most exclusive businesses in a city's affluent areas. City Book Savings offers 100% saturation of local neighborhood markets via direct mailing. The Company also offers documented return on investment results for clients and methods to help track each advertisement's success. Chicago is the first market for City Book Savings and a number of other cities and states are being planned for the expansion.