Manhattan Bridge Capital closes at 6.7% above VWP but at 46.0% discount to 52-week high
Manhattan Bridge Capital Inc., formerly DAG Media, Inc., provides short-term, secured commercial loans to small businesses through its subsidiary, DAG Funding Solutions, Inc. (DAG Funding). In addition, another subsidiary DAG Interactive, Inc. has developed software and a related Website that allows retail businesses and other service providers to reach prospective customers and clients for their goods and services. The Company has marketed this software solution under the name Nextyellow on a limited basis to establish proof of concept. In July 2007, Dag Media discontinued its e-commerce operations conducted through Shopila Corporation, a 80%-owned subsidiary. In December 2007, Shopila was dissolved. In May 2007, DAG Media announced the launch of DAG Funding.
The chairman and chief executive officer is Assaf Ran and the chief financial officer is Inbar Evron-Yogev.
BUSINESS NEWS ROUND UP
The last company announcement is:
March 17: Executives From Manhattan Customers Selected as “Pros to Know” by Supply and Demand Chain Executive
[News Story] ATLANTA, March 17, 2011 (GLOBE NEWSWIRE) Manhattan Associates (Nasdaq:MANH) customers are global leaders in their respective industries and their executives are regularly recognized for their innovations in leveraging supply chain optimization to dramatically improve their companies’ business processes.