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SilverSun Technologies, Inc. (SSNT)

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Last Post: 2/8/2016 7:39:35 AM - Followers: 88 - Board type: Free - Posts Today: 0


SilverSun Technologies, Inc.   SWK Technologies

SilverSun Technologies, Inc.
5 Regent Street Suite 520
Livingstong, New Jersey 07078
Phone: 973.758.6108

SilverSun Technologies, via wholly-owned subsidiary SWK Technologies, is a premier total solutions provider specializing in business software for manufacturers and distributors. Established in 1988, the company focuses on meeting the needs of small-sized and mid-sized businesses ("SMB" marketplace) with accounting and business management products, including SilverSun's own proprietary software. The company also offers its own cloud-based solutions and provides network services (network configuration, data backup, 24/7 remote monitoring, etc.) to its clients.

SilverSun distinguishes itself from traditional software resellers by offering a wide range of value-added services, consisting primarily of programming, training, technical support, and other consulting and professional services. The company also provides software customization, data migration, business consulting, and implementation assistance for complex design environments. Currently, the company has over 1,000 active customers.

In addition to driving organic growth, SilverSun's aggressive growth strategy includes acquiring firms in the extensive and expanding SMB marketplace to create substantial value for its shareholders, employees, and partners. SilverSun aims to leverage SWK Technologies as a platform to roll up and aggregate the best and brightest ERP resellers, as well as other software companies with proprietary products that serve the SMB marketplace. The company's most recent acquisition was in January 2012.

In 2011, SilverSun increased sales 40% over the previous year and strengthened its balance sheet through the elimination of all outstanding debt. With organic sales accelerating, significant debt reduction, and great depth of expertise and resources, SilverSun is well positioned to become a dominant player in the growing business software marketplace.

Brief History
SilverSun Technologies Inc, formerly Trey Resources, Inc., is a business consultant for small and medium sized businesses and resellers and developers of financial accounting software. It also publishes its own electronic data interchange (EDI) software. It specializes in software integration and deployment, programming, and training and technical support. The Company's three product categories include Financial Accounting Software, Electronic Data Interchange (EDI) Software and Warehouse Management In January 2012, the Company acquired the Sage software customer accounts of IncorTech. In January 2012, the Company acquired remaining 20% of SWK Technologies. In February 2013, the Company's SWK Technologies, Inc. acquired Sage business partner accounts of Point Solutions, LLC. In February 2013, its wholly owned subsidiary, SWK Technologies Inc., completed the acquisition of the Sage business partner accounts of Colleyville, Texas-based SGEN, LLC (d/b/a Software Generation).

Further Due Dilligence:

10-page Investor Summary
News Releases
SEC Filings


BeerRun Brewery Management Product:

Share Structure

Market Value1 $11,179,313 a/o Dec 20, 2013
Shares Outstanding 117,676,976 a/o Nov 04, 2013
Float 4,443,174 a/o Feb 01, 2012
Authorized Shares 750,000,000 a/o Feb 01, 2012
Market Value $8,166,246 a/o Mar 23, 2012
Shares Outstanding 116,328,291 a/o Feb 01, 2012
Float 4,443,174 a/o Feb 01, 2012
Authorized Shares 750,000,000 a/o Feb 01, 2012

Capital Change=shs decreased by 1 for 1811 split. Pay date=07/11/2011.
Formerly=Trey Resources, Inc. until 7-2011

Senior Management Team

Mark Meller - Chairman and Chief Executive Officer

Mark has been the President and Chief Financial Officer of SilverSun since 2003, and was further appointed Chief Executive Officer in September 2004. He became Chairman of the Board in May 2009. He has been actively engaged in the acquisition and build-out mid-market companies for over 20 years, and has served on the Board of Directors of three public companies. Furthermore, Mark was, from 1988 to 2003, Chief Executive Officer of Bristol Townsend and Co., Inc., a New Jersey based consulting firm providing merger and acquisition advisory services to middle market companies. Mark is a member of the New York State Bar. He graduated from SUNY-Binghamton with a BA in Economics/Political Science, and received his J.D. from the Boston University School of law.

Jeffrey D. Roth - Chief Executive Officer - SWK Technologies, Inc.

Jeffrey Roth has been SWK Technologies' Chief Executive Officer since June 2004. Since 1999, he was director of business affairs and interim CFO (consultant) at National Artists Management Company, Inc., a Broadway production organization (producers of Chicago and Annie Get your Gun). From 1991-1999 he was principal and chief operating officer at The Lilli Group, Inc., a $40M manufacturer and distributor of knitted apparel products for Gap, Old Navy, J Crew, Eddie Bauer, The Limited etc. Mr. Roth is a Certified Public Accountant, having graduated from the George Washington University with a BS in Accounting.

Stanley Wunderlich - Director

Mr. Wunderlich is the founding partner of CFSG1, a leading consulting firm that specializes in investor and media relations, corporate development, and the formation of capital for early-growth stage companies. Stan has nearly 40 years of experience in Wall Street activities. A specialist in corporate development and the formation of triangular reverse mergers, he has participated in numerous initial public offerings, private placements of equities and institutional private equity offerings. Mr. Wunderlich helped launch two previous investment banking firms, the Renaissance Group and Krieger, Wunderlich, Fialkov, Scheinman & Company. He has also served as Managing Director of J.T. Moran & Co., as a Registered Principal at Dunhill Equities, and as Managing Director at Robert Todd Financial. He is noted for the close relationships he has forged with key brokers/dealers, venture capitalists, institutional investors, research analysts, media personnel and other global private equity source. Listed in Who's Who in Executive Management, Mr. Wunderlich is a former member of LIFT (Long Island Forum for Technology) and a former member of the American Stock Exchange Arbitration Panel. He holds a B.A., L.L.B. and most major credits toward his M.B.A. in Executive Management. A proud former member of the United States Marine Corps, he is a two-time "Ironman" World Championship finisher.


Friedman LLP
100 Eagle Rock Avenue
Suite 200
East Hanover, NJ, 07936
United States
Legal Counsel:
Lucosky Brookman LLP
33 Wood Avenue South
Woodbridge, NJ, 08830
United States

Investor Relations Firm:
Hanover Elite
222 S. Magnolia Ave
Sanford, FL, 32771-3122
United States






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Current Price
Bid Ask Day's Range
SSNT News: Current Report Filing (8-k) 05/18/2016 03:18:18 PM
SSNT News: Quarterly Report (10-q) 05/16/2016 05:48:13 PM
SSNT News: Current Report Filing (8-k) 03/31/2016 02:35:56 PM
SSNT News: Annual Report (10-k) 03/30/2016 03:42:29 PM
SSNT News: Current Report Filing (8-k) 02/05/2016 05:01:55 PM
#8395   Worth every penny! maestro_of_Ihub 02/08/16 07:39:35 AM
#8394   Glade your still around Det,Robert Thorne. cvytrader 01/07/16 04:37:44 PM
#8393   I agree, it like it was taken down cvytrader 01/07/16 04:34:53 PM
#8392   Don't know. A very strange day for SSNT. Det_Robert_Thorne 01/07/16 04:11:26 PM
#8391   Why is this falling like this! cvytrader 01/07/16 01:32:33 PM
#8390   SSNT revised dividend upwards to $0.06 from $0.057 Det_Robert_Thorne 01/07/16 10:44:56 AM
#8389   Wonder if that has to do with the elbiatcho1 01/05/16 03:01:01 PM
#8388   That's great I have been buying the hole time!! cvytrader 01/05/16 12:56:17 PM
#8387   FWIW, Silversun paying a $0.057 dividend Det_Robert_Thorne 01/05/16 12:51:54 PM
#8386   Hey been about a year since I checked maestro_of_Ihub 11/02/15 07:58:38 PM
#8385   SSNT WHAT a pos I had millions ok husband 09/25/15 05:24:24 PM
#8383   come on mark we need some good news. stock king 1 08/24/15 05:59:08 PM
#8382   Another acquisition - ProductiveTech elbiatcho1 07/10/15 02:10:17 PM
#8381   i will take holding in the $ 4.00 stock king 1 06/25/15 09:34:56 PM
#8380   it is creeping my friends. i still strongly stock king 1 06/23/15 05:46:49 PM
#8379   I concur with your assessment SSKILLZ1. onewhoknows2much 06/13/15 02:04:18 PM
#8378   SSNT SSKILLZ1 06/09/15 08:55:55 AM
#8377   come on mark give us something good. stock king 1 06/08/15 10:21:43 PM
#8376   sure quiet out there stock king 1 06/08/15 09:04:22 PM
#8375   hweb2, That is a question I forgot to ask onewhoknows2much 05/30/15 11:58:35 AM
#8374   Thanks for the info. Any update on hweb2 05/30/15 11:20:23 AM
#8373   I got feedback on Meller's presentation at Marcum. onewhoknows2much 05/29/15 11:06:29 PM
#8372   SilverSun Technologies to Present at the 2015 Marcum patentminer2013 05/26/15 09:08:35 AM
#8371   someone loading , mark will get this on stock king 1 05/20/15 02:27:26 AM
#8370   a little bit of action stock king 1 05/19/15 12:23:04 PM
#8369   i am waiting for the uplisting stock king 1 05/18/15 12:12:27 PM
#8367   $SSNT recent news/filings stocktrademan 05/17/15 07:45:12 PM
#8366   everyone go on vacation . super quiet. stock king 1 05/16/15 02:40:51 PM
#8365   yes they do. put now it is time stock king 1 05/11/15 06:10:44 PM
#8364   Management continues to execute! onewhoknows2much 05/11/15 09:41:35 AM
#8363   somebody loading slowly and quietly. stock king 1 05/09/15 01:54:24 PM
#8362   will be fine just gonna take some time. stock king 1 05/07/15 09:14:16 PM
#8361   Totally agree with your assessment on the valuation. onewhoknows2much 05/06/15 09:36:51 PM
#8360   I also was in at $0.0001 in 2011 Det_Robert_Thorne 05/06/15 04:39:47 PM
#8359   i have been in since .0001 . they stock king 1 05/06/15 03:42:28 PM
#8358   I don't know about "flying", but appears solid Det_Robert_Thorne 05/06/15 03:37:19 PM
#8357   just gotta wait do not sell your shares cheap. stock king 1 05/06/15 02:29:26 PM
#8356   we will fly soon . pps will start stock king 1 05/06/15 02:28:18 PM
#8355   Hey Gem Man. Sat out for awhile. Det_Robert_Thorne 05/06/15 12:04:54 PM
#8354   Welcome back Det Thorne. I think we have gem man 05/06/15 11:37:15 AM
#8353   Good report. Could see 2015 EPS of $0.50/share Det_Robert_Thorne 05/06/15 09:23:42 AM
#8352   LIVINGSTON, NJ -- (Marketwired) -- 05/06/15 -- SilverSun PENNYBUSTER 05/06/15 07:12:05 AM
#8351   were starting to move something might be coming soon stock king 1 05/06/15 12:09:24 AM
#8350   Lookin' Good 4 X 4.39 gem man 05/04/15 11:53:30 AM
#8349   Wish it were me ;-) gem man 05/04/15 10:24:56 AM
#8348   someone is adding stock king 1 05/01/15 05:08:27 PM
#8347   nice climb ,keep up the good work mark stock king 1 05/01/15 03:55:49 PM
#8346   let us keep it going ,, close in stock king 1 04/30/15 02:34:56 PM
#8345   its alive stock king 1 04/30/15 10:43:54 AM
#8344   what a ghost town stock king 1 04/29/15 02:13:00 PM