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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

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...
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Top Management of Magnitude Information Systems Inc. and Its Kiwibox Subsidiary Acquire Substantial Positions in Magnitude Restricted Common Shares

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...
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Magnitude Merges its Subsidiaries and Changes its Name to 'Kiwbox.Com, Inc.'

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...
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Kiwibox.Com, Inc. Receives Equity Financing

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...
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Kiwibox.Com, Inc. Receives Equity Financing

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...
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Magnitude Merges its Subsidiaries and Changes its Name to 'Kiwbox.Com, Inc.'

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...
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MAGNITUDE INFORMATION SYSTEMS INC Files SEC form 8-K, Unregistered Sale of Equity Securities, Financial Statements an

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...
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MAGNITUDE INFORMATION SYSTEMS INC Files SEC form 10-K, Annual Report

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 ...
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MAGNITUDE INFORMATION SYSTEMS INC Files SEC form 10-Q, Quarterly Report

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...
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MAGNITUDE INFORMATION SYSTEMS INC Files SEC form 10-Q, Quarterly Report

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...
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MAGNITUDE INFORMATION SYSTEMS INC Files SEC form 8-K, Other Events

Quote: MAGNITUDE INFORMATION SYSTEMS INCRequest a Trial to NEW EDGAR Online Pro Form 8-K for MAGNITUDE INFORMATION SYSTEMS INC 30-Apr-2009Other EventsPrivacy PolicyTerms of ServiceCopyright/IP PolicySend FeedbackSEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness,...
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Top Management of Magnitude Information Systems Inc. and Its Kiwibox Subsidiary Acquire Substantial Positions in Magnitude Restricted Common Shares

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

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 ...
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