MAGY Magnitude Information Systems Inc. featured news, full reports, and detailed charts
Magnitude Information Systems Inc. (MAGY/MAGY.OB) Wrap Up:
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.Magnitude Information Systems Inc. (MAGY:OTC Bulletin Board Market)
Snapshot of Magnitude Information Systems Inc. (MAGY)
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OPEN
$0.02
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PREVIOUS CLOSE
$0.02
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DAY HIGH
$0.04
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DAY LOW
$0.02
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52 WEEK HIGH
11/20/09 - $0.04
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52 WEEK LOW
08/14/09 - $0.0060
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MARKET CAP
12.0M
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AVERAGE VOLUME 3 mo
536.2K
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DILUTED EPS TTM
$-0.01
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SHARES OUTSTANDING
443.2M
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MAGY Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
MAGY Top Compensated Officers
Executives, Board Directors
Key developments for Magnitude Information Systems Inc. (MAGY)
On May 13, 2009, the Board of Directors of Magnitude Information Systems Inc. appointed Andre Scholz to serve as a director of company and as a consultant. As a consultant, Mr. Scholz will serve in the roles of Chief Technology Officer for the company and in the roles of President and Chief Executive Officer for Kiwibox Media, Inc., the company's wholly owned and principal business subsidiary. Mr. Scholz, 31 years of age, is currently the General Manager / CEO of Interscholz Beteiligungs GmbH and Interscholz Internet Services GmbH & Co. KG, German companies located in Stuttgart, Germany. Mr. Scholz also owns and manages Advanced Technology Group Deutschland GmbH, also located in Stuttgart, which is engaged in the development and marketing of computer, patented algorithms in the European market for pattern recognition. In connection with its business reorganization, the company has consolidated the sites of its business operations in its New York City offices, located at 330 West 38th Street, now its principal offices, and has terminated its lease for its New Jersey office located at 1250 Route 28, Branchburg, New Jersey.
Magnitude Information Systems Inc. reported earnings results for the first quarter ended March 31, 2009. For the quarter, the company reported net loss of $1.36 million. In contrast, the company posted a net loss of $2.14 million for the same quarter in the previous year.
On 05/12/2009, Magnitude Information Systems Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
MAGY Competitors
| Company | Last | Change | |
| No competitor information is available for MAGY. | |||
| Market data is delayed at least 20 minutes. | |||
Industry Analysis
| Valuation | MAGY | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 113.5x |
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 95.1x |
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MAGY |
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MAGY transactions
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Target | |
| No transactions in the last 6 months. | ||
