Form 8-K for JOYSTAR INC

Form 8-K for JOYSTAR INC

21-Mar-2007

Change in Directors or Principal Officers


ITEM 5.02 DEPARTURE OF DIRECTORS OF PRINCIPAL OFFICERS;
ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL
OFFICERS

Effective as of March 19, 2007, Joystar, Inc., a Nevada corporation (the "Company") appointed Jerry Galant as its new Chief Financial Officer.

Mr. Galant is a financial executive with over 30 years of experience, ranging from start-ups to large multi-national corporations. As the CFO of Pegasus Solutions, Mr. Galant successfully led IPO and follow-up offerings, raising over $140 million. From January 2005, through December, 2006, Mr. Galant was a CFO of HomeAway.com, the vacation renting listing site. He joined that company at its inception and led it through its formative stages, including raising $45 million in venture equity and $10 million in debt. He participated in the acquisition process of six companies. He launched and managed an accounting and HR department as the company grew to 125 employees within 18 months..

From July 2002 until December 2004, Mr. Galant was a Director of Research for Huberman Financial. He was responsible for institutional investment research providing coverage of the travel technology field, including companies such as Sabre, Orbitz, Priceline and Navigant. From October 2001 until June 2002, Mr. Galant served as the CFO of Travelhero.com, an online site specializing in hotel reservations. Mr. Galant is a graduate of University of Pennsylvania in Economics (B.A., 1971) and Harvard University (M.B.A., 1975).