SilverSun Technologies Inc (SSNT)

[maestro_of_Ihub]

10Q OUT!! VERY NICE QUARTER INDEED

http://biz.yahoo.com/e/110519/tyria.ob10...

I was thinking they might drop a bomb on us, not telling us the earnings, but the truth is this company earned 0.00005/shares in the first quarter, and that is what I paid for it this week!! Nice

The GM were no where near as high as I estimated, as the SG&A costs were up YOY, but down significantly from last Q!!!

We know have almost $700,000 in the bank, CA up 700K plus CL up omly 300K

Of course the balance sheet was not as cleaned up as we know it will be next quarter when the $2.2MM of YAGI debt drops off the books!!! Looking at the debt to asset ration which at its worth was as high as 7, next quarter it could very well be down well under 3!! that is a HUGE acomplishment. Keep in mind that the PPS if this ratio was 1, would be 0.002 or $3.622 post split, (based on standard industry multiples and the past quarter earnings as a baseline). Of course I am getting WAY ahead of myself, lets string a few more like that together and bank the cash shall we??

I would like to personally congradulate Jeff and Mark on a Great Start to the year!! I know it is just the beginning, but I can not wait till the R/S and we start posting earnings of $.10 cents a share per quarter!!!

Thanks Again

maestro