Annual Reports

December 2011

Dear Valued Shareholders,
In 2011, Manhattan Bridge Capital has continued its path of growth and prosperity. We have further secured our position as a hard money lender to small real estate investors in the NY Metropolitan area... more

December 2010

Dear Valued Shareholders, As the credit markets continue to slowly recover, Manhattan Bridge Capital Inc. has secured its position as a leading bridge loan provider to small real estate investors, particularly a leader in this niche lending market in the five boroughs of NYC... more

December 2009

Dear Valued Shareholders, As the economic climate starts to regain momentum and strength, Manhattan Bridge
Capital continues its growth pattern and is steadily meeting the growth expectations we have set for ourselves for 2010. The finance industry is in the process of resetting its standards, yet it is still lingering behind other industries in its recovery process... more

December 2008

Dear Shareholders, The faltering economic climate has created both significant challenges and opportunities for Manhattan Bridge Capital. We generated an enormous deal flow yet we had to diligently review and analyze each and every deal in order to cherry-pick the most attractive and least risky opportunities... more

December 2007

Dear Shareholders, In 2007 Dag Media Inc. established Dag Funding Solutions, a short-term, secured commercial lender to small businesses, and commenced limited lending operations. We also substantially reduced our losses from continuing operations from approximately $812,000 in 2006 to $39,000 in 2007 through making tough business decisions such as terminating operations and then dissolving Shoipila, our e-commerce subsidiary, and suspending operations and further development work on Next Yellow. These decisions enabled us to focus all of our efforts and all of Dag Media’s resources on developing and expanding our new lending business. We believe that this business puts us on the path to sustained growth and future profitability... more

December 2006

Dear Stockholders, 2006 was a challenging but cultivating year for DAG Media, Inc. We believe that, while we have made significant progress with the restructuring of the company’s operations, there remains a long road ahead of us. Nevertheless, I’m exited about the future and confident in our ability to succeed in the near future. We will continue to operate efficiently until we regain profitability... more

December 2005

Dear Shareholders, As DAG Media moves into 2006, we stand on the cusp of a transformation that has been years in the making. With the recent sale of the Jewish Israeli Yellow Pages and the Jewish Master Guide, and the launch of our revolutionary online search solution, NextYellow.com, DAG Media has become fully vested in its quest to redefine how consumers search for businesses and services... more

December 2004

Dear Shareholders, Seeking to enhance value to our shareholders and acting in the best interests of our shareholders was always and will always be my ultimate goal. For this reason, when an opportunity arose in August 2004 to sell our wholly-owned subsidiary, Blackbook Photography Inc., at a price that was determined by our management and our Board of Directors... more

December 2003

Dear Shareholders, Looking back at the year 2003 fills me with satisfaction. Our achievements in 2003 cleared the path to a strong, stable and profitable future. The sale of NEW YELLOW Manhattan, released us from the burden of a cash draining product. It also allowed us, for the first time ever, to distribute a cash dividend, which increased our visibility... more

December 2002

Dear Shareholders, 2002 was a year of solid achievement for DAG Media. Revenues reached their highest level in corporate history and gross profit increased by 17.5%. Additionally, New Yellow, our Manhattan yellow pages, established a strong position in the market place and we made our first strategic acquisition, the purchase of THE BLACK BOOK, a publisher... more

December 2001

Dear Shareholders, 2001 was a tough year. It started with a sharp decline in the Stock Market. The decline in asset valuation caused a decrease in cash positions - percipitating a recession. In this climate, advertising budgets of New York and New Jersey companies were severly scaled down. Then came the tragedy of September 11, which made it impossible... more

December 2000

Dear Shareholders, Fiscal year 2000 was a very exciting year for us. Revenue increased 43% and we had several significant achievements that will be reflected in future results. We've been able to capture a respectable share of the Manhattan yellow page market. We have strengthened our sales force and exclusively dedicated three sales offices to our Manhattan... more

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