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Author Topic: TYRIA - - Sales of $7.8 million per year
TopRob
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TYRIA.OB .0001 x .0002

Judging from recent trading, it looks like things are going pretty well with most of todays buys at the Ask of .0002. CEO claim sales are up.

So now could be the time to either load up before the next run or leave it alone before it hits bag land.

---------------------------------------------------------

Trey Resources Closes Sales Worth $180,000
Wednesday October 3, 9:34 am ET


LIVINGSTON, N.J., Oct. 3 /PRNewswire-FirstCall/ -- Trey Resources, Inc. (OTC Bulletin Board: TYRIA - News) announced today that the company's wholly owned subsidiary, SWK Technologies, Inc., the premier total solutions provider specializing in business software for manufacturers and distributors, has closed on another 8 transactions for both its proprietary MAPADOC EDI solution and for accounting software.

The transactions were valued at over $180,000.

Mark Meller, CEO of Trey Resources, said, "All indications point to a very active fourth quarter. Trey has grown in a short period of time from a company with no revenue, (back in May 2004), to a Company which today is reporting sales results at a run rate of $7.8 million per year. SWK's sales pipeline is very strong, and we believe several large transactions may close imminently."

About Trey Resources

Trey Resources is involved in the acquisition and build-out of technology and software companies. The Company's growth strategy is to acquire firms in this extensive and expanding, but highly fragmented segment, as it seeks to create substantial value for shareholders. Since June 2004, Trey has acquired SWK Technologies, Inc., Business Tech Solutions Group, Inc., Wolen Katz Associates, and AMP-BEST Consulting, Inc. For more information, visit www.treyresources.com, www.swktech.com, www.mapadoc.com, or contact Trey Resources CEO Mark Meller at (973) 758-9555 or by e-mail at mark.meller*swktech.com. Trey Resources was a recent spin-off of iVoice, Inc. (OTC Bulletin Board: IVOI - News).


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TopRob
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Finally got rid of NITE on the Ask of .0002 and over 45M. Maybe now this thing will head up.

.0001(15+) x .0003(4)

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TopRob
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It's just a matter of time before this stock explode. 10Q is out and it looks too good to ignore.
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Form 10QSB/A for TREY RESOURCES INC


--------------------------------------------------------------------------------

16-Nov-2007

Quarterly Report


ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION
You should read the following discussion in conjunction with our financial statements and related notes included elsewhere in this filing as well as our audited statements and related notes for the year ending December 31, 2006 filed with Form 10-KSB. The following discussion contains forward-looking statements. Please see "Forward Looking Statements - Cautionary Factors" for a discussion of uncertainties, risks and assumptions associated with these statements

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

Up until its acquisition of SWK, Inc. ("SWK") on June 2, 2004, the Company was solely engaged in the design, manufacture, and marketing of specialized telecommunication equipment. As a result of a Spin-off, Trey was assigned the iVoice corporate assets, liabilities and expenses related to the Automatic Reminder software business. Trey Resources' plan of operation pursuant to its spin-off from its former parent company was to market and sell the Automatic Reminder software product. With the acquisition of SWK and as part of its plan to expand into new markets, the Board of Directors decided that Trey will focus on the business software and information technology consulting market, and is looking to acquire other companies in this industry. SWK Technologies, Inc., Trey's wholly owned subsidiary and the surviving company from the acquisition and merger with SWK, Inc., is a New Jersey-based information technology company, value added reseller, and master developer of licensed accounting software published by Sage Software. SWK Technologies also publishes its own proprietary supply-chain software, the Electronic Data Interchange (EDI) solution "MAPADOC". SWK Technologies sells services and products to various end users, manufacturers, wholesalers and distribution industry clients located throughout the United States.

On June 2, 2006, SWK Technologies, Inc. completed the acquisition of certain assets of AMP-Best Consulting, Inc. of Syracuse, New York. AMP-Best Consulting, Inc. is an information technology company and value added reseller of licensed accounting software published by Sage Software. AMP-Best Consulting, Inc. sells services and products to various end users, manufacturers, wholesalers and distribution industry clients located throughout the United States, with special emphasis on companies located in the upstate New York region.

Management is uncertain that it can generate sufficient cash to sustain its operations in the next twelve months, or beyond. It is unclear whether the acquisition of SWK, Inc, will result in a reasonably successful operating business and can give no assurances that we will be able to generate sufficient revenues to be profitable, obtain adequate capital funding or continue as a going concern.

NINE MONTHS ENDING SEPTEMBER 30, 2007 COMPARED TO NINE MONTHS ENDING SEPTEMBER
30, 2006


Prior to our acquisition of SWK, Inc., on June 2, 2004, all revenues reported by Trey were derived from the license of our automatic reminder and call initiating software products which address a business or professional organization's need to automatically confirm pre-set appointments or meetings with customers or clients. Until February 11, 2004, the Automatic Reminder business had only operated as a division of iVoice, Inc. and had never operated on a

stand-alone basis. All rights, title, and interest to the Automatic Reminder software source code and product line was sold in November 2004 to a technology company for a $250,000 note and stock.

Revenues for the nine month period ended September 30, 2007 were $5,562,447 as compared to sales of $4,695,655 for the nine month period ending September 30, 2006, an increase of $866,792. These sales were all generated by the Company's operating subsidiary, SWK Technologies ("SWKT"). SWKT sales increased as the result of increased focus by management on marketing and sales across all its product lines, as well as a contribution to sales from AMP-Best Consulting, Inc, which SWKT acquired on June 2, 2006.

The gross profit for the nine months ended September 30, 2007 of $1,982,966 represents the gross profit of SWKT. As a percentage of sales, gross margin was 35.6% for the nine month period ending September 30, 2007. Gross profit for the Nine Months Ended June 30, 2006 was $1,743,209, which was 37.1% of sales. Total gross profit increased by $239,757 when compared to the prior year. The mix of products being sold by the company changes from time to time, such that the overall gross margin percentage decreased. Sales of the larger Sage Software products carries lower gross margin percentage as the relative discount percentage from the supplier decreases.

Total operating expenses were $2,576,349 for the nine month period ending September 30, 2007, an increase of $51,760 over the nine month period ending September 30, 2006, which totaled $2,524,589. The increase is primarily a result of SWKT increased selling and marketing expenses primarily salaries and benefits.

Total other income (expense) for the nine months ended September 30, 2007 was an expense of $618,043, an increase of $321,658 in other expenses over the nine month period ending September 30, 2006. The increase in other expenses primarily reflects a decrease on revaluation of derivatives of $350,434, an increase in interest expense of $36,733 on outstanding convertible debentures, related party loans, and trade leases and an increase in other expenses of $57,679. These increases were offset primarily by a decrease of $63,353 in amortization of debt conversion discounts.

Net loss for the nine-month period ending September 30, 2007 was $1,211,426 as compared to net loss of $1,077,765 for the nine-month period ending September 30, 2006. The increase in net loss of $133,661 for the respective periods was a result of the factors discussed above.

THREE MONTHS ENDING SEPTEMBER 30, 2007 COMPARED TO THREE MONTHS ENDING SEPTEMBER
30, 2006


Revenues for the three month period ended September 30, 2007 were $1,648,227 as compared to sales of $1,787,949 for the three month period ending September 30, 2006, a decrease of $139,722. These sales were all generated by the Company's operating subsidiary, SWK Technologies ("SWKT"). SWKT sales decreased as the result a tighter third quarter economy. The Company expects the fourth quarter sales to resume to its normal level.

The gross profit for the three months ended September 30, 2007 of $643,712 represents the gross profit of SWKT. As a percentage of sales, gross margin was 39.1% for the three-month period

ending September 30, 2007. Gross profit for the three months ended June 30, 2006 was $656,041, which was 36.7% of sales. Total gross profit decreased by $12,329 when compared to the prior year. The mix of products being sold by the company changes from time to time, such that the overall gross margin percentage increased. Sales of the larger Sage Software products carries lower gross margin percentage as the relative discount percentage from the supplier decreases.

Total operating expenses were $805,087 for the three-month period ending September 30, 2007, a decrease of $58,368 over the three-month period ending September 30, 2006, which totaled $863,455. The decrease is primarily a result of SWKT decreased general and administrative expenses, primarily salaries and benefits.

Total other income (expense) for the three months ended September 30, 2007 was an expense of $141,792, an increase of $201,890 in other expenses over the three-month period ending September 30, 2006. The increase in other expenses primarily reflects a decrease in gain on revaluation of derivatives of $151,900, an increase in interest expense of $3,530 on outstanding convertible debentures, related party loans, and trade leases. These increases were offset primarily by a decrease of $11,340 in amortization of debt conversion discounts.

Net loss for the three-month period ending September 30, 2007 was $303,167 as compared to net loss of $147,316 for the three-month period ending September 30, 2006. The increase in net loss of $155,851 for the respective periods was a result of the factors discussed above.

LIQUIDITY AND CAPITAL RESOURCES


We are currently seeking additional operating income opportunities through potential acquisitions or investments similar to the transaction with SWK, Inc. and Business Tech Solutions Group. Such acquisitions or investments may consume cash reserves or require additional cash or equity. Our working capital and additional funding requirements will depend upon numerous factors, including:
(i) strategic acquisitions or investments; (ii) an increase to current company personnel; (iii) the level of resources that we devote to sales and marketing capabilities; (iv) technological advances; and (v) the activities of competitors.

To date, Trey has incurred substantial losses, and will require financing for working capital to meet its operating obligations. While we have recently raised sufficient working capital to fund our operations for what we believe should be sufficient for the next 6 months, we will subsequently need to raise additional capital to fund our future operations. We anticipate that we will require financing on an ongoing basis for the foreseeable future.

In January 2003, the Company entered into a subscription agreement with certain accredited investors to issue $250,000 in convertible debentures, with interest payable at 5% per annum. On June 30, 2003, Trey issued $40,000 in convertible debentures to 4 individual investors under the subscription agreement. On September 19, 2003, Trey issued $100,000 in convertible debentures to YA Global pursuant to the subscription agreement. The debentures are convertible into shares of Class A Common Stock at a price equal to either (a) an amount equal to one hundred twenty percent (120%) of the closing bid price of the Class A Common Stock as of the closing date of the registration of shares or (b) an amount equal to eighty percent (80%) of the average closing bid price of the Class A Common Stock for the four trading days immediately

preceding the conversion date. The convertible debentures have a term of two years with all accrued interest due at the expiration of the term. At our option, these debentures may be paid in cash or redeemed at a 20% premium prior to April 2004. As of September 30, 2007, $15,000 remained due on the principal and $4,484 was due for accrued interest on these debentures.

In January 2003, as subsequently amended retroactively to January 27, 2003, Trey entered into an Equity Line of Credit Agreement. Under this agreement, Trey may issue and sell to YA Global Class A Common Stock for a total purchase price of up to $10.0 million. The purchase price for the shares will be equal to 91% of the market price, which is defined as the lowest closing bid price of the Class A Common Stock during the five trading days following the notice date. A cash fee equal to nine percent (6%) of the cash proceeds of the draw down is also payable at the time of funding such fee. In addition, YA Global received, as additional compensation, 45,000 shares of Class A Common Stock on February 11, 2004. As of December 30, 2005, Trey has drawn down $2,700,000 on the Equity Line of Credit and repaid $1,675,000 of principal and $84,638 of interest through the issuance of 77,532,790 shares of Class A Common Stock. On December 30, 2005, the Equity Line of Credit Agreement was terminated and the outstanding principal and interest of $1,159,047 was transferred to a Secured Convertible Debenture due on December 30, 2007 with an interest of 7.5% per annum.

On December 30, 2005, the Company entered into a Securities Purchase Agreement with YA Global. Pursuant to such purchase agreement, YA Global shall purchase up to $2,359,047 of secured convertible debentures which shall be convertible into shares of the Company's Class A common stock. Pursuant to the Securities Purchase Agreement, two Secured Convertible Debentures were issued on December 30, 2005 for an aggregate of $1,759,047. A portion of this financing was used to convert promissory notes and accrued interest therefrom equal to $1,159,047 into new secured convertible debentures and the balance was new financing in the form of secured convertible debentures equal to $600,000 with interest payable at the rate of 7.5% per annum to be issued and sold on the closing of this Securities Purchase Agreement and a second secured convertible debenture equal to $600,000 with interest payable at the rate of 7.5% per annum to be issued and sold two business days prior to the filing of the registration statement that will register the common stock shares issuable upon conversion of the secured convertible debentures. The debentures are due on December 30, 2007 and May 2, 2008, respectively, and carry an interest rate of 7.5% per annum. The principal and accrued interest on the debentures are convertible into shares of Class A Common Stock at a price per share equal to 90% of the lowest closing bid price of our Class A Common Stock for the thirty trading days immediately preceding conversion. The aggregate balance due of the YA Global debentures at September 30, 2007 is $2,158,343 for principal and interest.

In connection with the acquisition of SWK, Inc. Trey has assumed a total of $664,642 in liabilities and has borrowed an additional $35,000 from an unrelated third party. Of the liabilities assumed, a total of $216,372 has been repaid by Trey at the closing and the $35,000 note is being paid at the rate of $1,500 per week. As of September 30, 2007, the entire balance on this note was paid in full.

Pursuant to the Spin-Off from iVoice, Trey assumed an aggregate of $324,000 in liabilities from iVoice and iVoice assigned to Trey assets having an aggregate book value of $9,000. Trey believes that the fair value of these assets may be greater than the book value, although it has not

undertaken an appraisal. The aggregate balance of these obligations at September 30, 2007 is $149,061. The assumed obligations are described below.

Trey assumed an outstanding promissory note in the amount of $250,000 payable to Jerry Mahoney in exchange for the assets it received pursuant to the Spin-Off of the Automatic Reminder business. This amount is related to funds loaned to iVoice and unrelated to the operations of Trey. Trey, for value received, promised to pay Mr. Mahoney the principal sum of $250,000 at the rate of 9.5% per annum on the unpaid balance until paid or until default. Interest payments are due annually. At the time of default (if any) the interest rate shall increase to 20% until the principal balance has been paid. Under the terms of the Promissory Note, at the option of the Note holder, principal and interest can be converted into either (i) one share of Class B Common Stock of Trey, par value $0.00001, for each dollar owed, (ii) the number of shares of Class A Common Stock of Trey calculated by dividing (x) the sum of the principal and interest that the Note holder has decided to prepay by (y) fifty percent (50%) of the lowest issue price of Series A Common Stock since the first advance of funds under this Note, or (iii) payment of the principal of this Note, before any repayment of interest. At September 30, 2007, the principle on this note was $103,000 and accrued interest was $44,744. Mr. Mahoney has agreed to defer payment of any monies due and owing them representing fixed compensation, which have been accrued on the Company's balance sheet, and the one-time payment in connection with the Spin-off, until such time as the Board of Directors determines that the Company has sufficient capital and liquidity to make such payments. Mr. Mahoney has further agreed, however, to accept payment or partial payment, from time to time, as determined in the sole discretion of the Board of Directors in the form of cash, the Company's Class A Common Stock and/or the Company's Class B Common Stock.

Trey assumed an outstanding obligation to Kevin Whalen of $74,000 for amounts due for unpaid salary from iVoice. This amount is related to services provided to iVoice and unrelated to the operations of Trey. However, because Mr. Whalen assisted in the preparation of the financial statements and footnotes related to the Spin-off, Trey assumed this obligation to Kevin Whalen. A portion of the obligation is convertible into Class A Common Stock of Trey calculated by dividing (x) the sum of the principal the obligee requests to be converted by
(y) the average closing bid price of Class A Common Stock of Trey for the five
(5) business days immediately preceding the conversion date. As of September 30, 2007, Mr. Whalen has received $4,500 in cash and $20,000 in Class A Common Stock leaving a balance due of $49,500.

During the nine month period ending September 30, 2007, SWK Technologies, Inc. repaid $222,000 and drew down $330,000 on its line of credit with Fleet National Bank, a Bank of America company. The secured line of credit bears interest at prime plus 1% per annum, which can change with the fluctuations in the prime rate. Monthly payments of interest only in arrears shall be due and payable on the 4th of each month and these have been paid. Principal shall be due and payable on demand from Fleet National Bank. As of September 30, 2007, the outstanding balance payable to Fleet totaled $130,000.

During the Nine Months Ended September 30, 2007, Trey had a net decrease in cash of $50,337. Trey's principal sources and uses of funds were as follows:

CASH USED BY OPERATING ACTIVITIES. Trey had cash used by operating activities of $139,111 for the Nine Months Ended September 30, 2007, a decrease of $817,390 in cash used as compared to

cash used for operating activities of $956,501 in the nine months ended September 30, 2006. The decrease is primarily the result of the increased amortization of debt securities, debt conversion discount, accounts receivable on higher sales, and reduced gain on revaluation of derivatives.

CASH USED BY INVESTING ACTIVITIES. Investing activities for the nine months ended September 30, 2007 used cash of $32,246. Of this amount, $90,824 was used for the purchase of equipment, $7,000 was used to purchase customer lists, $136,333 was used to develop software and $201,911 was provided from net proceeds on the sales of securities. For the nine months ended September 30, 2006, the company used $85,385 for the purchase and upgrade of computers and network equipment, and business acquisition costs, offset by net proceeds realized from the sale of securities.

CASH PROVIDED BY FINANCING ACTIVITIES. Financing activities in the nine months ended September 30, 2007 provided a total of $121,020 in cash. This total primarily consisted of net proceeds from related party loans of $3,932 and notes payable, capital leases and convertible debentures of and $340,000 of proceeds from its line of credit offset by repayments of notes payable, capital leases and convertible debentures of $222,912. Financing activities in the nine months ended September 30, 2006 resulted in the Company providing a total of $510,536 in cash. This total primarily consisted of net proceeds from the issuance of notes payable, capital leases and convertible debentures in the amount of $863,835 which were offset by repayments of related party loans of $90,639, repayments of notes payable, capital leases and convertible debentures of $262,660.

OFF-BALANCE SHEET ARRANGEMENTS

The Company has no off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to investors.

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TopRob
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The sale of SWK could mean big bucks for TYRIA shareholders. The key point here is "Company Will Be Debt Free After Transaction"
------------------------------------------


Trey Resources to Sell SWK Technologies
Tuesday November 27, 9:15 am ET
Company Will Be Debt Free After Transaction


LIVINGSTON, N.J., Nov. 27 /PRNewswire-FirstCall/ -- Trey Resources, Inc. (OTC Bulletin Board: TYRIA - News), the premier total solutions provider specializing in business software for the small- and medium-sized business market, yesterday reported that its wholly-owned subsidiary, SWK Technologies, Inc. has entered into a letter of intent to sell the majority of its assets and liabilities to SWK Solutions, LLC, a newly-created limited liability company formed by Jeffrey D. Roth, CEO of SWK Technologies, Inc. and its management team.

The transaction is expected to close during the first quarter of 2008.

Mark Meller, CEO of Trey Resources, said, "Trey has grown in a short period of time from a company with no revenue, (back in May 2004), to a Company which today is reporting sales results at a run rate of $7.4 million per year. We have been presented with an opportunity to sell SWK at a significant profit over our investment, and believe it is in the best interest of both the company and SWK's management to sell the company at this time. While terms of the transaction have not as yet been made public, I can state that Trey will be debt free following the transaction, and will also have significant cash available to it. Our plan will be to acquire a more substantial company in another high growth industry in the near future. We will immediately begin interviewing investment banks to assist us in this process."

Jeffrey D. Roth, CEO of SWK Technologies, stated, "We have a strong team that is committed to growing the company. We are well positioned in our core geographic markets and see tremendous growth opportunities from new products and services. We look forward to operating as an independent company."

About Trey Resources

Trey Resources is involved in the acquisition and build-out of technology and software companies. The Company's growth strategy is to acquire firms in this extensive and expanding, but highly fragmented segment, as it seeks to create substantial value for shareholders. Since June 2004, Trey has acquired SWK Technologies, Inc., Business Tech Solutions Group, Inc., Wolen Katz Associates, and AMP-BEST Consulting, Inc. For more information, visit www.treyresources.com, www.swktech.com, www.mapadoc.com, www.amp-best.com, or contact Trey Resources CEO Mark Meller at (973) 758-9555 or by e-mail at mark.meller*swktech.com. Trey Resources was a recent spin-off of iVoice, Inc. (OTC Bulletin Board: IVOI - News).

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TopRob
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Only two MM on Ask for .0002, then up to the .0003's

Vol=221M

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TopRob
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Last chance to buy at .0002, only 1 MM remaining. Then it's up hill.
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TopRob
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Now printing .0003
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Stupid
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Got in just before it hit 0003 for 1/2 mil.I sure hope this one moves like dlav did...from 0006 to 029 in days.

--------------------
DDDDD

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TopRob
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It could happen. It may not be this week, but with this kind of news I see a strong company developing and that's going to attract a lot of ionvestors over the next few weeks.
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BooDog
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wowzer. lottttz of volume
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I Picked up 2.9 mil shares today...at .0002
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Stupid
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It scared me when I checked my balance and saw it dropped 50% then bounce back but wish I had let my bid stay at 0001,it may have gotten filled with all the sales.I may put a buy in for lower if it doesnt act like it wants to go up.

--------------------
DDDDD

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Actually I got filled at .00015...
I tried for days to get in at .0001..got nothing..

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Stupid
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Scottrade wont let me bid that low or I would be doing more of it.Thinking of changing my log on name to bottomfeeder for these sub pennies.

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DDDDD

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I set my limit to .0002 and got filled .00015...
lol...bottomfeeder...do it!

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Stupid
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Done deal wd.

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DDDDD

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OFF ihub:

As of Nov-26 AZ 10B

OS-2,718,529,089

FL-2,126,155,999

5 stars for the bottomfeeder lol!

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IMAKEMONEY
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quote:
Originally posted by wdcisco:
OFF ihub:

As of Nov-26 AZ 10B

OS-2,718,529,089

FL-2,126,155,999

5 stars for the bottomfeeder lol!

DID YOU MEAN A/S? 10BILLION.

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LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!

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Yes! Thanks for that small correction [Wink]
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IMAKEMONEY
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[Wink] [Cool]

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LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!

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[Razz] [Big Grin] [Smile] [Cool] [Big Grin] [Razz] [Big Grin] [Wink]
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Stupid
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Bump

--------------------
DDDDD

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up .0001 today...

hopefully we will see the .0003's and .0004's soon [Wink]

Posts: 1075 | From: weeeeeeee | Registered: Sep 2007  |  IP: Logged | Report this post to a Moderator
TopRob
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What? No bashers? I'm hearing only good comments about TYRIA, so maybe this is the one.

Maybe it's the SWK sale.
"We have been presented with an opportunity to sell SWK at a significant profit over our investment..."

Maybe it's the increasing sales.
"closed on another 8 transactions....The transactions were valued at over $180,000."
"Our sales momentum continues at a record pace, and we look forward to announcing the closing of some of these very large opportunities in the near future."

Maybe it's the company growth:
"Trey has grown in a short period of time from a company with no revenue, (back in May 2004), to a Company which today is reporting sales results at a run rate of $7.4 million per year."

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T e x
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bash bash bash...

lol, I nearly bought this the other day...good for a quick double.

Hope you guys make out...just realize where you're coming from.

when bid hits .0002, anybody from .0001 has a double; when bid hits .0004, anybody from .0002 has a double...

etc, etc...

in my experience, is better to let it run strong into .0005-6 levels

good luck

--------------------
Nashoba Holba Chepulechi
Adventures in microcapitalism...

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A little news:

Thursday, November 29 2007 9:13 AM, EST PR Newswire "US Press Releases "
LIVINGSTON, N.J., Nov. 29 /PRNewswire-FirstCall/ -- Trey Resources, Inc. (OTC Bulletin Board: TYRIA) today reported that SWK Solutions, LLC , a newly- created limited liability company formed by Jeffrey D. Roth, CEO of SWK Technologies, Inc. and its management team to acquire the business of SWK Technologies, has executed a financing proposal from an institutional investor to fund the acquisition.
Mark Meller, CEO of Trey Resources, said, "The transaction is moving forward at a steady pace. Now that a financing proposal has been executed, we can begin the arduous task of preparing and finalizing the legal agreements to close on the transaction. Due diligence has already commenced, and we expect that the transaction will be able to close in the first quarter of 2008 as scheduled."
Jeffrey D. Roth, CEO of SWK Technologies, stated, "We are moving forward expeditiously, and look forward to finalizing the transaction as soon as possible."
About Trey Resources
Trey Resources is involved in the acquisition and build-out of technology and software companies. The Company's growth strategy is to acquire firms in this extensive and expanding, but highly fragmented segment, as it seeks to create substantial value for shareholders. Since June 2004 , Trey has acquired SWK Technologies, Inc. , Business Tech Solutions Group, Inc. , Wolen Katz Associates , and AMP-BEST Consulting, Inc. For more information, visit www.treyresources.com, www.swktech.com, www.mapadoc.com, www.amp-best.com, or contact Trey Resources CEO Mark Meller at (973) 758-9555 or by e-mail at mark.meller*swktech.com. Trey Resources was a recent spin-off of iVoice, Inc. (OTC Bulletin Board: IVOI).
This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, regarding among other things our plans, strategies and prospects -- both business and financial. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as "believe," "expect," "anticipate," "should," "planned," "will," "may," "intend," "estimated," and "potential," among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents that we file from time to time with the United States Securities and Exchange Commission . All forward-looking statements attributable to Trey Resources, Inc. or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.
SOURCE Trey Resources, Inc.

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TopRob
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That's good news. It means the SWK sale is more than just talk like some of the other sub-penny stocks do. I can't wait to hear the details and how much the shareholders will get.
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TopRob
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.0001(10) x .0002(1)

Headed to .0003 and up.

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TopRob
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Good volume with 99% of trades at the Ask of .0002. Now if we can just get NITE to back off this stock will head north.

Vol=133.4M
.0001(10) x .0002(2)

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