SWK PARENT REFILLS CASH ACCOUNT

Jeff Roth, SWK TechnologiesSilverSun Technologies, the parent of Sage reseller SWK Technologies, had a miserable balance sheet when it ended fiscal 2012 on December 31. It had a bit more than $4,000 in cash with accounts receivable rising. With the end of the first quarter on March 31, the asset side looks far better. Cash stood at $261,000 and receivables of $1.2 million were down 21 percent from three months earlier.

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