DJSP Enterprises, Inc (DJSP)

[Hammer1]

Yup, I think we could see BOOOOOOOOOOOOSH to near $1 land next week. Thughts? Hammer

[ALiVE]

ummmmm hmmmmm....

rock and roll.

[Hammer1]

STARTED! Weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee. Hammer

[ALiVE]

getting closer...

[Hammer1]

ARE WE STARTING MEGA BOUNCE TODAY? Hammer

[alfaspider]

If you have been following EGT since late November, then you have seen the double bottom.. Just bought a few week or so ago- and watching the accumulation these past few days.
Today was 1.3 million, and tomorrow is meeting perhaps with PR or news?. One group has .80 target for next run if they open up new units/seats?

What's ur take on Cano? buyout, or just sit and decay? No news? Just a quiet period?

==========
OK so this is sort of at a bottom here? might be good to start reading more about Florida foreclosures... I bought one last fall, and got another from owners who were about ready to walk. TV down here is ripe with lawyer adds for assistance...

Have a good evening,

[ALiVE]

volume explosion today at EGT...

don't worry - I've been there with you the whole time...



http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57146346&txt2find=egt

here AND there would be nice!

[alfaspider]

Now in what dark alley have I seen ur Happy Face before?

NOTICE Volume?
EGT 0.385 +0.019 +5.19 1,315,287 0.385 0.395

Something's up tomorrow! Here and There?

[ALiVE]

me too...

=)

[ALiVE]

[Hammer1]

DJSP WEEKLY......Hmmmmmmmmmmmmmmmmmmmmmmmmmm. Hammer

[alfaspider]

OK- gonna look at it DEEPER........

Nailed AXAS's top @ noon,..... Reload at 4.2l or ??

EMMS good today, but for how long?

[Hammer1]

DJSP gonna fly with any news at all. 700 employs have a class action law suit. FK pay em all a full YEAR SALERY at ave salery of 30k a year ( remember ) these are LOW END PERSONAL, and you pay out 21mil.........THATS NOT GONNA HAPPEN. They will be compensated, if at all, for on "WARN ACT" and I bet its 1/4 of that NUMBER......DJSP makes 50mil a year in REVS.....this is a LAUGHER. Hammer

[alfaspider]

U might be right AGAIN, buddy........

looks .................................

[Hammer1]

I ILIKE IT HERE. FOR A MEGA BOUNCE. Hammer

[ALiVE]

DJSP

[RAMAL]

dear

Could please explain to me what is the deffrent between djsp,djspu,djspw, and what is the best i can buy.

regards

[ventrikel]

Stay cool, they have time till May to bring the stock upwards.

[wonton90]

scum bag is too nice a word he ll himself he will never
make it in jail he'll kill e himself first
there was a story going around the office while I worked there
he hired an 18 gorgeous girl she lived in a mobile park the girl
had a kid Stern paid for school for the kid and then the girl
threaten to tell on Stern so he bought her a million dollar
house probably a short sale on the courthouse steps
she was young enough to be her Dad he bought my friend David
Vargas a house also

[wonton90]

I was there when he got the news in 2007 about the class action
he deserves to be in hell how can you screw your vendors like this
moneys I laid out it wasn't services I could just write off
I cannot wait for him to go to jail and that monkey controller Esther Surujon will never get another job in Florida I will make
sure of it

[wonton90]

I meant to write I have not been paid they have no money to
pay their bills you will see it was all a scam David Stern made
off with millions he is going to jail don't you read it is all
true the company has a skeleton crew they are people no one will
hire why don't you go there and see for yourself ask for Esther Surujon the animal Controller get your money out they have no business Jeffrey Tew Stern's Attorney
told me a Vendor I am not getting paid no money
The guy is scum does not care about anyone

[wonton90]

They are filing bankruptcy do not buy the stock
I am a Vendor and have been paid in three months
call
954 233 8000 ask for Chris Simmons investor relations
there is no money don't get caught up it is going under
I know what I am writing ask when they paid their Vendors
I wish I can give you my number to show you it is all over

[DaveinHackensack]

Did you even read Avoidthegarbage's post on this? He's bearish on it too: http://shortscreen.com/message-board/244-djsp-disaster-reaches-some-clarity-djsp-enterprises--djsp

You should register for the ShortScreen message boards and respond there.

[bUrRpPPP!]

Judge OK’s class-action status for homeowner lawsuit against Florida law firm
Judge OK’s class-action status for homeowner lawsuit against Florida law firm

By Christine Stapleton Palm Beach Post Staff Writer
Updated: 9:17 p.m. Wednesday, Dec. 29, 2010
Posted: 6:06 p.m. Wednesday, Dec. 29, 2010

As many as 2,000 homeowners suing the law firm of self-proclaimed foreclosure king David J. Stern over excessive attorney fees and costs won a major victory today when an appeals court blessed the group’s class-action status.

“We are very excited,” said Louis M. Silber, the West Palm Beach attorney who filed the case in January 2007 — the first class-action lawsuit filed against Stern and his Plantation-based law firm stemming from foreclosure fraud accusations.

In a four-page opinion, the 4th District Court of Appeal upheld the findings of Circuit Judge Thomas H. Barkdull,, who decided the complaints and circumstances of the homeowners were so similar that they would best be handled in a class-action lawsuit.

Members of the class are homeowners who received letters from Stern’s firm between Jan. 18, 2003 and Feb. 19 2009 offering to reinstate their loans with Wells Fargo by paying reinstatement charges.

[wonton90]

you have to be kidding me avoid the garbage I worked with this company they are going bankrupt they haven't paid their
bills to their Vendors in months it's over buddy they have
demented employees working for them that would not be hired anywhere else I was told by Essther Surujon the Controller no checks are to be cut because if they are cut they will need to
be returned to whomever was paid this is a shister company get whatever pennies you can out of this and take the loss
I am not being paid I am telling you the truth Tew the Attorney
told me the company has no money stop dreaming it's a deadbeat just like David Stern he is an animal and Bernstein is described as a baboom keep inveting you'll see

[bUrRpPPP!]

Dilution ALERT!.FOURTH PROSPECTUS SUPPLEMENT DATED DECEMBER 13, 2010

TO

PROSPECTUS DATED JUNE 25, 2010

23,733,009 ORDINARY SHARES AND 4,429,166 WARRANTS OF

DJSP ENTERPRISES, INC

This prospectus supplement (this “Supplement”) supplements the prospectus dated June 25, 2010 of DJSP Enterprises, Inc. (the “Company”) as supplemented on August 6, 2010, September 23, 2010 and October 15, 2010 (the “Prospectus”), relating to 23,733,009 ordinary shares and 4,429,166 warrants of the Company, that may be sold from time to time by the Selling Shareholders named in the Prospectus and 6,875,000 ordinary shares of the Company issuable upon exercise of its publicly traded warrants. This Supplement should be read in conjunction with the Prospectus and is qualified by reference to the Prospectus, except to the extent that the information presented in this Supplement supersedes the information contained in the Prospectus.

Neither the Securities and Exchange Commission (the “Commission”) nor any state securities commission has approved or disapproved of these securities or passed upon the adequacy or accuracy of this Supplement or the Prospectus. Any representation to the contrary is a criminal offense.

The date of this Prospectus Supplement is December 13, 2010.

[bUrRpPPP!]

On November 26, 2010, the Company received a letter from NASDAQ notifying it that for the prior 30 consecutive business days, the Company’s listed securities failed to maintain a minimum market value of $50 million, consequently, a deficiency exists with regard to this requirement for continued listing pursuant to NASDAQ Listing Rule 5450(b)(2)(A) (the “MVLS Rule”). NASDAQ further stated that in accordance with NASDAQ Listing Rule 5810(c)(3)(C), the Company will be provided 180 calendar days, or until May 25, 2011, to regain compliance with the MVLS Rule. NASDAQ will deem the Company to have regained compliance if at any time before May 25, 2011 the market value of the Company’s listed securities closes at $15,000,000 or more for a minimum of ten consecutive business days .

These notifications do not impact the listing and trading of the Company’s securities at this time. However, the NASDAQ letters also state that, if the Company does not regain compliance with the MVPHS Rule by May 23, 2011 or the MVLS Rule by May 25, 2011, the Company will receive written notification from NASDAQ that the Company’s securities are subject to delisting. The Company is reviewing its options for regaining compliance with the MVLS Rule and MVPHS Rule and for remedying other future potential non-compliances with Nasdaq continued listing requirements, including the requirement to maintain a minimum bid price of at least $1.00 per share. There can be no assurance that the Company will be able to regain compliance with the MVLS Rule, MVPHS Rule or other Nasdaq continued listing requirements in a timely fashion, in which case its securities would be delisted from Nasdaq.
© 2010 FORECLOSURE FRAUD | by DinSFLA. All rights reserved. www.StopForeclosureFraud.com

[bUrRpPPP!]

Splat....eom

[bUrRpPPP!]

Lawsuit: DJSP violated WARN act
South Florida Business Journal - by Paul Brinkmann
Date: Monday, November 29, 2010, 2:02pm EST

DJSP Enterprises is the target of a federal lawsuit filed by a group of former employees. It alleges that the embattled public company failed to provide them with sufficient warning about hundreds of layoffs.

The suit, filed last week in Fort Lauderdale, names four plaintiffs. However, it seeks class action status on behalf of more than 700 former DJSP employees.

Plantation-based DJSP (NASDAQ: DJSP) is a mortgage processing services company that counted attorney David J. Stern’s law firm as its only significant client.

Its fortunes tumbled after Stern, once one of the nation’s leading foreclosure attorney, fell under state investigation earlier this year for alleged fabrication of mortgage documents.

Earlier this month, Stern resigned as president and CEO of DJSP Enterprises. Stephen Bernstein took over the job.

The suit alleges violation of Florida’s Worker Adjustment and Retraining Notification Act. It notes that DJSP filed a WARN Act notice on Nov. 9, but alleges that the notice only applied to the period of Nov. 4-12, which did not satisfy state law requirements.

“Between on or about September 23, 2010, and November 18, 2010, DJSP Enterprises terminated approximately 700 employees of their approximately total 1,200 employees, without providing them with the sixty days notice required under the WARN Act,” the lawsuit states.

In October, DJSP announced 300 layoffs.

The suit alleges DJSP terminated an additional 435 employees on Nov. 4 via e-mail. At one point, DJSP employed more than 1,000.

Three firms – Farmer Jaffe Weissing Edward Fistos and Lehrman, and Rapoport Law Group in Fort Lauderdale, and the Law Office of Chandra Parker Doucette in Boca Raton – are representing the plaintiffs.

Attempts to reach a DJSP spokesman were not immediately successful.

The suit alleges:

The statutory period under the WARN Act began on July 26, or 60 calendar days before the first layoffs began on Sept. 23.
The company “deceived their employees from looking for other work and/or making contingent plans.”
Employees were provided with no notice, no severance, and “barely an opportunity to gather their personal items before security badges and telephone extensions were deactivated.”
Some employees left voluntarily, but should be covered by the WARN Act because the company “intended to cause mass resignations of their employees in order to avoid liability under the WARN Act.”
DJSP shares were up 3 cents to 44 cents in afternoon trading. The 52-week high was $13.65 on April 26. The 52–week low was 33 cents on Nov. 16.

[DaveinHackensack]

Avoidthegarbage on DJSP:

http://shortscreen.com/message-board/244-djsp-disaster-reaches-some-clarity-djsp-enterprises--djsp

[value1008]

That's hilarious! ... "Your lawyer's office is my lawyer's office."

[rstar]

tu bufete de abogados es mi bufete de abogados

[bUrRpPPP!]

Final nail in coffin.....

http://online.wsj.com/article/SB10001424052748704462704575590342587988742.html?ru=yahoo&mod=yahoo_hs

[Traderfan]

Glen, are you still holding on to all your DJSP shares here??

[dDT]

DJSP News

DJSP Enterprises, Inc. Announces Recent Developments
Date : 10/25/2010 @ 8:30AM
Source : GlobeNewswire Inc.
Stock : DJSP Enterprises, Inc. (DJSP)
Quote : 1.04 0.0 (0.00%) @ 7:39AM


DJSP Enterprises, Inc. Announces Recent Developments
Djsp Enterprises, (MM) (NASDAQ:DJSP)
Intraday Stock Chart

Today : Monday 25 October 2010
Click Here for more Djsp Enterprises, (MM) Charts.

DJSP Enterprises, Inc. (Nasdaq:DJSP) (Nasdaq:DJSPW) (Nasdaq:DJSPU) today announced that Mark P. Harmon has resigned from the Board of Directors of the Company and the Board of Managers of DAL Group, LLC, a subsidiary of the Company.

About DJSP Enterprises, Inc.

DJSP provides a wide range of processing services in connection with mortgages, mortgage defaults, title searches and abstracts, REO (bank-owned) properties, loan modifications, title insurance, loss mitigation, bankruptcy, related litigation and other services. Our principal customer is The Law Offices of David J. Stern, P.A. ("DJSPA"). We are headquartered in Plantation, Florida, with additional operations in Louisville, Kentucky and San Juan, Puerto Rico.

Forward Looking Statements

This press release contains forward-looking statements about us within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"), including but not limited to management's expectations about the impact of our expense reduction efforts and recent developments in the residential mortgage foreclosure industry. Additionally, words such as "anticipate," "believe," "estimate," "expect" and "intend" and other similar expressions are forward-looking statements within the meaning of the Act. Such forward-looking statements are based upon the current beliefs and expectations of our management and are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: business conditions, changing interpretations of generally accepted accounting principles; outcomes of government or other regulatory reviews, particularly those relating to the regulation of the practice of law; the impact of inquiries, investigations, litigation or other legal proceedings involving us or our affiliates, which, because of the nature of our business, have happened in the past to us and DJSPA; the impact and cost of continued compliance with government or state bar regulations or requirements; legislation or other changes in the regulatory environment, particularly those impacting the mortgage default industry; unexpected changes adversely affecting the businesses in which we are engaged; fluctuations in customer demand; our ability to manage growth and integrate acquisitions; intensity of competition from other providers in the industry; general economic conditions, including improvements in the economic environment that slows or reverses the growth in the number of mortgage defaults, particularly in the State of Florida; the ability to efficiently expand our operations to other states or to provide services we do not currently provide; the impact and cost of complying with applicable U.S. Securities and Exchange Commission ("SEC") rules and regulations; geopolitical events and changes, as well as other relevant risks detailed in our filings with the SEC, including our Annual report on Form 20-F for the period ended December 31, 2009, which are available at the SEC's internet site (http://www.sec.gov). Forward-looking statements in this press release speak only as of the date of the press release, and we assume no obligation to update forward-looking statements or the reasons why actual results could differ.

CONTACT: DJSP Enterprises, Inc.
Chris Simmons, Director of Investor Relations
954-233-8000 ext. 1744
Cell: 954-294-9095
900 South Pine Island Rd.
Plantation, FL 33324

[bUrRpPPP!]

Former Stern workers testify they were pressed to bend foreclosure rules
Federal mortgage giants confirm they stopped referring work to Stern's Plantation-based firm

http://articles.sun-sentinel.com/2010-10-22/business/fl-stern-depositions-20101022_1_foreclosure-cases-mortgage-giants-foreclosure-rules

[DaveinHackensack]

A bearish perspective on DJSP

Courtesy of Avoidthegarbage: http://shortscreen.com/message-board/filter/djsp/1

The last company he called as a short candidate is down ~80% since then.

[bUrRpPPP!]

We are dealing with a real scumbag here.....trying to sneak in news @ 5:25 pm after hours on a Friday.....pure scum....

DJSP Enterprises, Inc. Announces Further Staff Reductions


DJSP Enterprises, Inc. (Nasdaq:DJSP) (Nasdaq:DJSPW) (Nasdaq:DJSPU) today announced that it has instituted further staff reductions as a result of continued reduced file volumes. DJSP has reduced its staffing levels by an additional 198 employees
, bringing the total number of layoffs to approximately 300 since the reduction in staff was initiated.

[bUrRpPPP!]

DJSP Enterprises, Inc. Announces Further Staff Reductions


DJSP Enterprises, Inc. (Nasdaq:DJSP) (Nasdaq:DJSPW) (Nasdaq:DJSPU) today announced that it has instituted further staff reductions as a result of continued reduced file volumes. DJSP has reduced its staffing levels by an additional 198 employees
, bringing the total number of layoffs to approximately 300 since the reduction in staff was initiated.

[bUrRpPPP!]

DJSPW chart..Starting picking up some of these @ .121 if this ever turns around these could offer a huge payday...high wire no net...

[Giantsbran1227]

DJSP - Annotated Chart.

On my board now!

http://investorshub.advfn.com/boards/board.aspx?board_id=18981

[BOS]

Nice DD, thanks for bringing me up to speed. Will be catching a dip asap...

[momentum74]

re DJSP 1.23 lionmaster bought some http://www.thelion.com/bin/profile.cgi?c=s&ru_name=Lionmaster
Saying florida to resume foreclosures he says.
http://www.thelion.com/bin/forum.cgi?tf=wall_street_pit&msg=2021789&cmd=r&t=0&dt=1

[BOS]

Just caught this, what changed to reverse this...looking for entry.

[momentum74]

nice fill .95 burp

[bUrRpPPP!]

Nice..Back in $.936.....eom

[momentum74]

Pincher chart pasted .Bought some here .96 for a bounce trade.
DJSP - Daily Candlesticks

[bUrRpPPP!]

ALERT FOX NEWS 7PM doing a clip about STERN....and all the cars and mansions/money he has made of people losing there homes.....

[KurtNYC]

Damn, I hope Glen got out of this a while ago.

from August.
"DJSPW, just trying to calculate how many warrants are available out there for me to buy. "

I lost a pretty penny on this one, but suddenly I feel grateful to be out in the 5's.

[value1008]

I just tuned in after some weeks of inattention to the DJSP drama.

I hate to say it, but over two months ago i was cautioning folks to remember the ethical big picture and stay away from this "Stern gang" ... unless you wanted to be a short-seller or merciless trader of the stock.

Stern is evidently a big knot of bad karma tendencies. No SRI investor would want to support him or his business. Yes, as someone said here in a recent post, this thing is likely going to 50 cents or even 5 cents.

I sincerely hope y'all were able to get out of any long positions still being held today.

Ah, God bless everyone, including Stern. Did he never hear the warning to Ebeneezer Scrooge by the ghost of his old biz partner, Jacob Marley?? "Business! Mankind was my business. The common welfare was my business; charity, mercy, forbearance, and benevolence, were all my business. The dealings of my trade were but a drop of water in the comprehensive ocean of my business!"

I said it once before: i hope Stern, for his own moral healing, winds up on Jim Cramer's "Wall of Shame." It would also hopefully serve as a moral lesson to others tempted by riches...