Manhattan Bridge Capital hits two-month high on strong volume
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.
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