Replies to post #4452 on SilverSun Technologies Inc (SSNT)

[gmcdonald34]

I will say that the one sell for .40 on the day is disappointing, oh well I'll check back later to see if we made an progress. . . .it may take time for people to stumble onto the news

[neophyte184]

And it's nice to see that Meller is willing to put up his own money as collateral against the company. Shows his belief in the future success of Trey!

[Leirum]

If this is not considered very positive, what more could you wish for. No dilution and a strong vote of confidence from the CEO.

Press Release Source: Trey Resources, Inc. On Monday January 31, 2011, 9:46 am EST
LIVINGSTON, NJ--(Marketwire - 01/31/11) - Trey Resources, Inc. (OTC.BB:TYRIA - News) announced today that the Company has successfully completed the first phase of its financial restructuring. It has paid in full the first two installments due to Y.A. Global Investments ("YAGI") in accordance with the debenture amendment signed by the parties on November 1, 2010.

Funds for the payments were generated by internally-generated cash and a loan from the CEO. No additional shares were issued by the Company for these funds. The proceeds were therefore arranged with no additional dilution to existing shareholders.

Mark Meller, CEO of Trey Resources, stated, "Today represents a fresh start for our Company. With these payments, our agreement with YAGI is effective. There will be no conversions on our debentures in 2011, we have the ability to redeem our debentures on advantageous terms, and we have the certainty required to effectively restructure and recapitalize the business on the best terms for the Company and our shareholders."

Meller continued, "We are meeting with investment bankers and other professionals to begin the next phase of our process. Raising the capital we want on the terms we want will be a challenge in this environment, but our Company has a compelling story, and represents what we believe to be a dynamic opportunity in 2011. We are hopeful about our prospects."

Meller concluded, "It is also important that we thank YAGI for the financial support they have provided the Company since our founding in 2003. The Company would not be the success it is today without YAGI's assistance."