Home > Boards > US Listed > Computers - Software >

SilverSun Technologies Inc. (SSNT)

Add SSNT Price Alert      Hide Sticky   Hide Intro
Search This Board: 
Last Post: 12/31/2019 4:32:25 PM - Followers: 86 - 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
Email: meller@silversuntech.com

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


Facebook: https://www.facebook.com/SWKTech
Twitter: https://twitter.com/SWKTECH
Linkedin: http://www.linkedin.com/company/swk-technologies-inc.

BeerRun Brewery Management Product: http://www.beerrunsoftware.com/

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






Current Price
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
#8487   This stock has been under the radar and stocksmanjr 12/31/19 04:32:25 PM
#8486   Let’s go boys time to blow the doors maestro_of_Ihub 12/26/19 08:59:12 PM
#8485   Not bad for an ex-death spiral stock! TYRIA elbiatcho1 12/24/19 02:25:07 PM
#8484   News: $SSNT SilverSun Technologies Announces Cash Dividend whytestocks 12/24/19 10:16:40 AM
#8483   I am back! Been a decade but maestro_of_Ihub 12/20/19 05:54:28 AM
#8482   should be @ $100 per shr right? okwife 12/02/19 11:49:20 AM
#8481   This one's a real sleeper zig zag 10/14/19 01:52:34 PM
#8480   SilverSun Technologies Announces Stock Buyback Program zig zag 10/14/19 01:52:06 PM
#8479   11 million sale, 2 million debt paid off 10 million UP Trend 08/28/19 08:41:45 AM
#8478   * * $SSNT Video Chart 08-27-2019 * * ClayTrader 08/27/19 05:09:40 PM
#8477   Got 5,10,s for a gamble europtiger 08/27/19 11:32:23 AM
#8476   Still under value.. Waited this long see you FORDGT 08/27/19 10:36:38 AM
#8475   News: $SSNT SilverSun Technologies Sells MAPADOC EDI Division whytestocks 08/27/19 10:00:31 AM
#8474   It's about time.. This one has been sitting FORDGT 08/27/19 09:50:44 AM
#8473   yeah :D wesley_ 08/27/19 09:48:55 AM
#8472   Mms got caught off guard i guess stock1ace1 08/27/19 09:47:29 AM
#8471   Crazy stock1ace1 08/27/19 09:47:13 AM
#8470   wow $8.00 :D wesley_ 08/27/19 09:44:23 AM
#8469   News: $SSNT SilverSun Technologies Reports 2018 Year End Results whytestocks 03/28/19 12:40:39 PM
#8468   Institution Holders elbiatcho1 02/14/19 11:34:56 PM
#8467   Nothing fishy about Impressive volume the day before stocksmanjr 02/12/19 10:18:26 AM
#8466   Declining Earnings! Not shocked considering the track maestro_of_Ihub 11/15/18 07:09:30 PM
#8465   Lawyer may be attempting to fish for shareholders. elbiatcho1 11/12/18 06:09:23 PM
#8464   Why is management getting sued here? It maestro_of_Ihub 11/12/18 03:46:23 PM
#8463   SSNT paused for volatility, lol! elbiatcho1 09/14/18 03:42:27 PM
#8462   SilverSun Technologies, Inc. NASDAQ Opening Bell Ceremony (video) elbiatcho1 08/25/18 03:10:46 AM
#8461   Mark Meller Rings NASDAQ Opening Bell elbiatcho1 08/21/18 01:16:47 PM
#8460   So... how were they Rogerthat1 12/30/17 03:56:52 PM
#8459   Ok so I posted three months ago about maestro_of_Ihub 11/06/17 06:50:50 AM
#8457   Declining revenue, and the guy blames one time maestro_of_Ihub 08/11/17 08:03:56 PM
#8456   SSNT on Seeking Alpha Technology Top Gainers list elbiatcho1 07/25/17 09:30:39 PM
#8455   Clayton News Review Evaulation SSNT elbiatcho1 07/25/17 09:25:22 PM
#8454   Hopefully El that's institutions buying that would be nice cvytrader 07/20/17 05:25:22 PM
#8453   4.77 X 4.85 1 X 3 gem man 07/20/17 04:25:17 PM
#8452   Lot more volume lately. elbiatcho1 07/20/17 01:54:07 PM
#8451   Thanks for link. Wasnt aware how i can inti23 05/09/17 05:07:03 AM
#8450   Lol @ aftermarket ask elbiatcho1 04/27/17 04:03:44 PM
#8449   SilverSun Technologies Announces Cash Dividend elbiatcho1 04/24/17 07:47:32 PM
#8448   SSNT moved to the Nasdaq from the OTC: Renee 04/19/17 05:18:21 PM
#8447   • SilverSun Technologies Announces Uplisting to NASDAQ elbiatcho1 04/19/17 03:34:48 PM
#8446   http://finance.yahoo.com/news/silversun-technologies-announces-uplisting-nasdaq- Infospector 04/17/17 11:59:58 AM
#8445   Not even the Nasdaq exchange itself approves of Hollycoop129 01/30/17 11:09:53 AM
#8444   Just came out Mr, El cvytrader 01/30/17 10:52:28 AM
#8443   That would be nice maybe it will trade cvytrader 01/25/17 06:20:20 PM
#8442   "Uplist" mentioned yet again. elbiatcho1 01/25/17 04:00:19 PM
#8441   SilverSun Technologies Announces $0.02 Special Cash Dividend cvytrader 01/23/17 12:08:42 PM
#8440   Something happen to SWKTECH twitter? elbiatcho1 01/06/17 04:44:18 AM
#8439   Sad maestro_of_Ihub 12/17/16 01:38:38 PM
#8438   SilverSun Technologies to Present at the 9th Annual elbiatcho1 11/25/16 04:54:34 PM
#8437   http://finance.yahoo.com/news/silversun-technologies-present-9th-annual-18000031 Infospector 11/25/16 03:09:57 PM