SEC Filing Summary: SilverSun Technologies, Inc. (SSNT)
Business Context and Reporting Period
This Form 8-K Current Report, filed on December 17, 2021, covers events occurring on December 16, 2021. The registrant, SilverSun Technologies, Inc., reported the results of its 2021 Annual Meeting of Stockholders. A quorum was established with greater than 50% of outstanding common shares present in person or by proxy.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance matters and voting results rather than financial performance.
Material Changes and Voting Results
The primary material event was the election of directors and the ratification of the independent auditor. The voting outcomes were as follows:
- Election of Directors: Mark Meller, Kenneth Edwards, Stanley Wunderlich, and John Schachtel were elected to one-year terms on the Board of Directors.
- Vote Breakdown:
- Mark Meller: 76.99% For (2,591,613 votes)
- Kenneth Edwards: 77.27% For (2,600,672 votes)
- Stanley Wunderlich: 77.25% For (2,599,958 votes)
- John Schachtel: 76.42% For (2,572,224 votes)
- Auditor Ratification: The proposal to ratify Friedman LLP as the independent registered public accountant for 2021 was adopted with 79.48% of votes cast (3,162,047 votes For).
Guidance, Outlook, and Risks
The filing text does not provide a clear value for future guidance, management outlook, specific risks, contingencies, or unusual items. The document is limited to the disclosure of the Annual Meeting results.
Key Facts for Investor Verification
- Verify the tenure and background of the newly elected directors (Meller, Edwards, Wunderlich, Schachtel).
- Confirm the engagement of Friedman LLP as the independent auditor for the 2021 fiscal year.
- Note the significant number of broker non-votes (572,848) recorded for the director elections.
- Review the company's most recent 10-K or 10-Q for financial data, as this 8-K contains no financial metrics.