The mbr of the resulting card refers to an empty fat partition, but there is a real but hidden vfat boot partition at offset 0x1500000 (21MB) or 0x2400000 (36MB).
The partitions to be installed are stored raw in the card in an special format been reverse engineered
Note:Phoneixcard only run in Windows!
The tool is at the Android-SDk/lichee/tools/tools_win/:
Of course,You can download Phonexcard from here: http://dl.cubieboard.org/software/tools/livesuit/PhoenixCard_V309.rar