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SilverSun Technologies Inc. (SSNT)

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Last Post: 3/8/2022 4:33:01 PM - 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
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
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#8539   Added some now after hours I think could heyitsmeagain 03/08/22 04:33:01 PM
#8538   No where to go but up from here maestro_of_Ihub 03/01/22 04:30:14 PM
#8537   Go Time! maestro_of_Ihub 11/09/21 08:27:39 AM
#8536   Earnings up tomorrow! Looks like she’s curling up maestro_of_Ihub 11/09/21 07:55:46 AM
#8535   SilverSun Technologies Announces Cash Dividend elbiatcho1 06/22/21 02:56:59 PM
#8534   $17 price target buddy! Long time no maestro_of_Ihub 05/10/21 01:47:25 PM
#8533   SilverSun Technologies' Subsidiary Named to ChannelE2E Top 100 elbiatcho1 05/06/21 02:05:55 AM
#8532   Needs a push up after 9:40 for it Jconwon 02/26/21 01:15:35 AM
#8531   SilverSun Technologies Signs Letter of Intent to Acquire elbiatcho1 02/25/21 11:29:48 AM
#8530   Finally pps beginning reflect company's real value stocksmanjr 01/25/21 08:11:11 PM
#8529   $230K buy today 56700 shares@ $3.62 stocksmanjr 01/19/21 05:46:06 PM
#8528   $SSNT chart is looking quite nice. Watching EF5$tocks 01/09/21 04:46:28 PM
#8527   Hey El, made a nice little profit on maestro_of_Ihub 12/15/20 08:11:16 AM
#8526   SilverSun Technologies Announces Cash Dividend elbiatcho1 12/14/20 11:38:45 PM
#8525   $SSNT.....low volume accumulation continues IMO. Watch out EF5$tocks 12/03/20 06:10:32 PM
#8524   $SSNT remains an under the radar beauty..... EF5$tocks 11/24/20 12:41:05 PM
#8523   Chart is fantastic here, hugely undervalued, under the EF5$tocks 11/22/20 02:46:09 PM
#8522   $SSNT, wonder if more acquisitions are in the pipeline..... EF5$tocks 11/11/20 05:27:08 PM
#8521   This one will require patience, but another day EF5$tocks 11/11/20 03:05:19 PM
#8520   SHE'S A GAPER TODAY!!! LOL justradethem 11/11/20 08:32:09 AM
#8519   FROM THE CEO!!! justradethem 11/10/20 11:45:39 AM
#8518   WEST COAST JUST WOKE UP!!! LOL justradethem 11/10/20 11:41:02 AM
#8517   BE PATIENT...SHE'LL RUN TODAY!! justradethem 11/10/20 11:40:14 AM
#8516   Still believe this is one of the better EF5$tocks 11/10/20 11:08:35 AM
#8515   Good earnings, improvement in many ways. Just EF5$tocks 11/10/20 11:01:44 AM
#8514   HERE WE GO...EARNING IS OUT!!! justradethem 11/10/20 07:47:24 AM
#8513   IMO, SSNT is a major hidden gem. EF5$tocks 11/05/20 06:49:48 PM
#8512   Looking forward to earnings, very undervalued! djmurdock 10/27/20 10:46:31 AM
#8511   Trade at 1:30 yesterday had a low side stocksmanjr 08/19/20 09:48:51 AM
#8510   Will this going back up? JustBegin 08/18/20 01:35:11 PM
#8509   Could this be going back to 2.72 just stocksmanjr 08/17/20 12:17:43 PM
#8508   SHORT SQUEEZE FUN TIME...TIME TO LOAD Serge521 08/13/20 10:58:14 AM
#8507   * * $SSNT Video Chart 08-04-2020 * * ClayTrader 08/04/20 05:11:43 PM
#8506   Nope not at all 1r1shboy 08/04/20 04:51:04 PM
#8505   LETS SEE IF SSNT CAN REPEAT THAT AFTERHOURS otcmoneydoubler 08/04/20 04:12:34 PM
#8504   I’m buying more here. Might have to Ubquubqu 08/04/20 01:27:46 PM
#8503   Afterhours might be good altruism 08/04/20 01:26:46 PM
#8502   Sounds likely to me. Like I said stocksmanjr 08/04/20 12:36:22 PM
#8501   SSNT ran on air pre market to $20.00. cjstocksup 08/04/20 12:17:44 PM
#8500   Until details come out it just may stay here stocksmanjr 08/04/20 11:07:11 AM
#8499   Feel like MM want this stock to stay JustBegin 08/04/20 11:03:05 AM
#8498   I got a Good load... this think could explode europtiger 08/04/20 10:55:43 AM
#8497   It’s coming Ubquubqu 08/04/20 10:53:24 AM
#8496   Droppa or whooooppa soon... could See a Sweeeeat europtiger 08/04/20 10:37:34 AM
#8495   News: $SSNT SilverSun Technologies Acquires Prairie Technology Solutions whytestocks 08/04/20 10:15:50 AM
#8494   Just got some 7‘s Lets see 15-20 again pleeease europtiger 08/04/20 09:59:55 AM
#8493   Interesting 25 minute in and14 million shares traded altruism 08/04/20 09:57:18 AM
#8492   I see pre market SSNT ran to about cjstocksup 08/04/20 09:56:14 AM
#8491   Amazing volume Added the dip $SSNT WorkinGreen 08/04/20 08:12:44 AM
#8490   Most likely part of the company share buyback maestro_of_Ihub 07/16/20 08:44:49 AM
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