Magnitude Information Systems Inc. (MAGY) financial news, and detailed stock charts
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Magnitude Information Systems Inc. (MAGY/MAGY.OB) Stock Summary:
Magnitude Information Systems, Inc. engages in the ownership and operation of a social networking Website for teens. It’s Kiwibox.com, an online social networking Website provides online content in various categories, including entertainment, fashion, and games. The company is based in Branchburg, New Jersey.Archieved Financial News About Magnitude Information Systems Inc.
MAGNITUDE INFORMATION SYSTEMS INC Files SEC form 8-K, Unregistered Sale of Equity Securities, Financial Statements an
2010-02-22 04:59:37
Quote: Item 3.02 Unregistered Sales of Equity Securities
Kiwibox.Com, Inc., (formerly, Magnitude Information Systems, Inc.) (the
"Company") received the final $125,000 of investor proceeds from two European
investors, completing its $1 million private offering. As with the previous four
other investors, the subscribers purchased "Units" of the Company's restricted
securities. Each Unit consists of one (1) restricted common share and a 3-year
common stock purchase warrant, exercisab...Read article
Top Management of Magnitude Information Systems Inc. and Its Kiwibox Subsidiary Acquire Substantial Positions in Magnitude Restricted Common Shares
2010-01-26 01:51:58
Quote: Kiwibox is the primary business unit of Magnitude Information Systems, Inc.http://Kiwibox.com.About Magnitude Information Systems, Inc.http://Magnitude.comMAGYNews).This press release contains certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from eith...Read article
Magnitude Merges its Subsidiaries and Changes its Name to 'Kiwbox.Com, Inc.'
2010-01-26 01:51:57
Quote: 31 /PRNewswire-FirstCall/ -- Magnitude Information Systems, Inc. (Magnitude) (OTC Bulletin Board: MAGY) announced today that it has merged with its two subsidiaries, Kiwibox Media, Inc. and Magnitude, Inc. and changed its corporate name to "Kiwibox.Com, Inc." The merger and corporate name change become effective on December 31, 2009."The mergers," observed Rudolf Hauke, Magnitude's President and CEO, "consolidate our corporate operations and eliminate the costs associated with maintaining separa...Read article
Kiwibox.Com, Inc. Receives Equity Financing
2010-01-26 01:51:56
Quote: 31 /PRNewswire-FirstCall/ -- Magnitude Information Systems, Inc. (Magnitude) (OTC Bulletin Board: MAGY) announced today the receipt of $875,000 of investment proceeds out of the $1 Million in signed subscriptions from accredited investors. The investors, Swiss and U.S. residents, most of whom are shareholders of the Company already, underscored their commitment to the potential of the Kiwibox website offerings and technology.Andre Scholz, the CTO of Magnitude, remarked, "We are very excited abou...Read article
Kiwibox.Com, Inc. Receives Equity Financing
2010-01-01 02:12:46
Quote: 31 /PRNewswire-FirstCall/ -- Magnitude Information Systems, Inc. (Magnitude) (OTC Bulletin Board: MAGY) announced today the receipt of $875,000 of investment proceeds out of the $1 Million in signed subscriptions from accredited investors. The investors, Swiss and U.S. residents, most of whom are shareholders of the Company already, underscored their commitment to the potential of the Kiwibox website offerings and technology.Andre Scholz, the CTO of Magnitude, remarked, "We are very excited abou...Read article
Magnitude Merges its Subsidiaries and Changes its Name to 'Kiwbox.Com, Inc.'
2010-01-01 02:12:46
Quote: 31 /PRNewswire-FirstCall/ -- Magnitude Information Systems, Inc. (Magnitude) (OTC Bulletin Board: MAGY) announced today that it has merged with its two subsidiaries, Kiwibox Media, Inc. and Magnitude, Inc. and changed its corporate name to "Kiwibox.Com, Inc." The merger and corporate name change become effective on December 31, 2009."The mergers," observed Rudolf Hauke, Magnitude's President and CEO, "consolidate our corporate operations and eliminate the costs associated with maintaining separa...Read article
MAGNITUDE INFORMATION SYSTEMS INC Files SEC form 8-K, Unregistered Sale of Equity Securities, Financial Statements an
2010-01-01 02:12:45
Quote: Item 3.02 Unregistered Sales of Equity Securities
Magnitude Information Systems, Inc. (the "Company") received an aggregate
$875,000 investor proceeds out of an anticipated $1 million of signed
subscriptions from six accredited investors. Theses investors subscribed to
purchase an aggregate 40,000,000 "Units" of the Company's restricted securities.
Each Unit consists of one (1) restricted common share and a 3-year common stock
purchase warrant, exercisable at $.05, to purcha...Read article
MAGNITUDE INFORMATION SYSTEMS INC Files SEC form 10-K, Annual Report
2009-11-30 08:07:55
Quote: Our
actual results may differ significantly from management's expectations.
The following discussion and analysis should be read in conjunction with the
consolidated financial statements of Magnitude Information Systems, Inc.,
included herewith. This discussion should not be construed to imply that the
results discussed herein will necessarily continue into the future, or that any
conclusion reached herein will necessarily be indicative of actual operating
results in the future. Such discussion ...Read article
MAGNITUDE INFORMATION SYSTEMS INC Files SEC form 10-Q, Quarterly Report
2009-11-30 08:07:54
Quote: Our
actual results may differ significantly from management's expectations.
The following discussion and analysis should be read in conjunction with the
consolidated financial statements of Magnitude Information Systems, Inc.,
contained herein and in the Company's annual report for the year ended December
31, 2008 as filed on Form 10-K, and in the quarterly report for the period ended
March 31, 2009. This discussion should not be construed to imply that the
results discussed herein will necessar...Read article
MAGNITUDE INFORMATION SYSTEMS INC Files SEC form 10-Q, Quarterly Report
2009-11-30 08:07:54
Quote: Our
actual results may differ significantly from management's expectations.
The following discussion and analysis should be read in conjunction with the
consolidated financial statements of Magnitude Information Systems, Inc.,
contained herein and in the Company's annual report for the year ended December
31, 2008 as filed on Form 10-K. This discussion should not be construed to imply
that the results discussed herein will necessarily continue into the future, or
that any conclusion reached here...Read article
MAGNITUDE INFORMATION SYSTEMS INC Files SEC form 8-K, Other Events
2009-11-30 08:07:54
Quote: MAGNITUDE INFORMATION SYSTEMS INCRequest a Trial to NEW EDGAR Online Pro
Form
8-K for
MAGNITUDE INFORMATION SYSTEMS INC
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errors, incompleteness,...Read article
Top Management of Magnitude Information Systems Inc. and Its Kiwibox Subsidiary Acquire Substantial Positions in Magnitude Restricted Common Shares
2009-11-30 08:07:53
Quote: Kiwibox is the primary business unit of Magnitude Information Systems, Inc.http://Kiwibox.com.About Magnitude Information Systems, Inc.http://Magnitude.comMAGYNews).This press release contains certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from eith...Read article
MAGNITUDE INFORMATION SYSTEMS INC Files SEC form 10-Q, Quarterly Report
2009-11-30 08:07:53
Quote: Our
actual results may differ significantly from management's expectations.
The following discussion and analysis should be read in conjunction with the
consolidated financial statements of Magnitude Information Systems, Inc.,
contained herein and in the Company's annual report for the year ended December
31, 2008 as filed on Form 10-K, and in the quarterly reports for the periods
ended March 31, 2009 and June 30, 2009. This discussion should not be construed
to imply that the results discussed ...Read article
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