ESP Resources, Inc. (ESPI)
ESP Resources, Inc. is an oil and gas services company that operates through its wholly owned subsidiary ESP Petrochemicals. Based in Scott, LA, the company specializes in the manufacturing, blending, distributing, and marketing of specialty chemicals and analytical services for the oil and gas industry.
ESP Resources provides specialty products and services for various oil and gas field applications, such as production, drilling, waste remediation, cleaning, and waste water treatment. From its blending and distributing facilities, the company distributes products both onshore and offshore throughout the oil and gas producing regions of Louisiana, Texas, Mississippi, Alabama, Arkansas, and Oklahoma. ESP Resources additionally distributes its specialty petrochemicals to international oil and gas operators.
One of the company's primary focuses is customer service. ESP Resources' first goal is testing, analyzing, and solving customer problems at the well to optimize drilling or production; sales are secondary to this resolution of issues for customers. The company's unique process shortens the chemical development time frame from what is typically up to two months to just a few days or hours, and this accelerated response time, along with the company's service and chemical products, sets it apart in the industry.
ESP Resources' senior management team boasts a combined 100 years of petrochemical industry operating experience. This expertise, coupled with the company's commitment to quality and service, provides customers with proficiency they can rely on.
ProGaming Platforms Corp. (PPTF)
ProGaming Platforms Corp. is the developer of an advanced multiplayer online gaming and reward-processing platform. The company's platform can be licensed by any online gaming provider, and can sit on any third-party server. The ProGaming platform can also be implemented to operate virtually any skill game now on the Internet and is easily configurable to work with existing commercial billing systems.
The company's platform automatically and accurately determines game winners from an unlimited pool of players, paying out monetary rewards to the champions. The platform also tracks the scores and reports the results of each game, retaining the history of each game and each player over an extended period. Any existing gaming community can purchase the ProGaming platform with a one-time payment and annual service fee or agree to a wholesale revenue sharing payment program.
The system is designed to be fair and accurate, and to operate without any bias. Players are ranked according to their previous successes to place them in levels according to their skill. The player's rank determines which game rooms users are allowed to enter so the best players only play the toughest competition, while novices only compete against players on their own level, preventing experts from taking advantage of beginners.
Online gaming is one of the fastest growing markets on the internet. In 2010, the online gaming market was a $15 billion industry. The rapid growth of social media platforms such as Facebook have only increased the amount of time individuals spend on the web, fueling web surfers' demand for interactive online entertainment. ProGaming Platforms is well positioned to capitalize on this growing industry as the online gaming community matures and demands the ultimate gaming experience provided by the company's platform.
SilverSun Technologies, Inc. (SSNT)
SilverSun Technologies, Inc., 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 a wide range of value-added services.
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.
Recently, SilverSun announced that SWK Technologies entered into a letter of intent to acquire the assets of Hightower, Inc., a Chicago-based reseller of Sage Software products. Completion of the acquisition is anticipated to add more than $3,000,000 in annualized revenue while being immediately accretive to SilverSun's earnings. The transaction, which is subject to the signing of definitive agreements and customary closing conditions, is expected to close within the next 30 days.
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.
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