8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 Date of Report (Date of earliest event reported)   March 29, 2007

 PubliCARD, Inc.

 (Exact Name of Registrant as Specified in Its Charter)

Pennsylvania	001-03315	23-0991870
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

Seventy Five Rockefeller Plaza, 16th Floor, New York, NY	10019
(Address of Principal Executive Offices)	(Zip Code)

 Registrant's telephone number, including area code  [(212) 265-7013]

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 4.01 Changes in Registrants Certifying Accountant.

On March 29, 2007, Deloitte & Touche, LLP (“Deloitte”) notified PubliCARD, Inc. (the “Company”) and its Audit Committee that Deloitte declined to stand for re-election as the Company’s independent registered public accounting firm after the completion of the current audit. Upon completion of the audit services, the Company will file an amendment to this Form 8-K with the specific date of resignation of Deloitte and an update of the disclosures required by Item 304(a)(1)(iv) and (v) of Regulation S-K through this date.

There were no disagreements between the Company and Deloitte on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, during the two fiscal years of the Company ended December 31, 2005 and 2004, and during the subsequent period through March 29, 2007, which disagreements, if not resolved to Deloitte’s satisfaction, would have caused Deloitte to make reference to the subject matter of the disagreement in connection with its report issued in connection with the audit of the Company’s financial statements.

No "reportable events," as that term is defined under Item 304(a)(1)(iv) of Regulation S-K, occurred within the two fiscal years of the Company ended December 31, 2005 and 2004, and during the subsequent period through March 29, 2007 The audit report of Deloitte on the financial statements of the Company for the years ended December 31, 2005 and 2004, did not contain any adverse opinion or disclaimer of opinion, and such audit report was not qualified or modified as to uncertainty (except that such report includes an explanatory paragraph regarding substantial doubt about the Company’s ability to continue as a going concern), audit scope or accounting principles.

The Company provided Deloitte with a copy of the foregoing disclosures prior to the date of filing this Current Report on Form 8-K and requested that Deloitte furnish a letter addressed to the Securities and Exchange Commission (“SEC”) stating whether it agrees with the statements made by the Company herein. A copy of the letter from Deloitte addressed to the SEC dated April 3, 2007 is filed as Exhibit 16.1 to this Current Report on Form 8-K.

The Company is currently engaged in discussions with independent auditing firms to replace Deloitte and to serve as the Company's independent registered accounting firm. The engagement of a new independent registered public accounting firm will be approved by the Audit Committee of the Board of Directors.

Item 9.01. Financial Statements and Exhibits.

(d)Exhibits.

16.1Letter from Deloitte & Touche, LLP dated April 3, 2007

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		PubliCARD, Inc.
		Registrant
Date: April 3, 2007	By:	/s/ Joseph A. Sarachek
		Joseph A. Sarachek, President,
		Chief Executive Officer

EXHIBIT INDEX

Exhibit
Number	Description
16.1	Letter from Deloitte & Touche, LLP dated April 3, 2007

EX-16.1

EXHIBIT 16.1

April 3, 2007

United States Securities and Exchange Commission

100 F Street, N.E.

Washington, D.C. 20549

RE:	PubliCARD, Inc.
	Commission File No.: 0-29794

Dear Sirs/Madams:

We have read Item 4.01 of PubliCARD, Inc. and Subsidaries’s Form 8-K dated April 3, 2007, and have the following comments:

1. We agree with the statements made in the first sentence of paragraph one and paragraphs two, three and four of Item 4.01.

2. We have no basis on which to agree or disagree with the statements made in the second sentence of paragraph one and paragraph five of Item 4.01.

Yours truly,

 /s/ Deloitte & Touche LLP

 DELOITTE & TOUCHE LLP