Paradigm Shift For International Reciprocal Trade Association
The commercial
barter industry�s international association will seek out and
welcome large corporations into its membership, including the usage
of IRTA�s Universal Currency (UC).
A recent
announcement from IRTA has revealed a bold move...adding a
Non-Industry Membership Category. The NIM is offered to large
corporations which participate in trade and barter as a significant
component of their normal business operations. Benefits to these
members encompass:
�
Increasing revenues
by receiving full access to UC and its trading platform for buying
and selling excess inventories, products and services.
�
Participation in
international and U.S. conferences.
�
Ongoing education and
news updates for the trade and barter industry.
�
Access to the latest
changes regarding governmental and IRS matters.
�
Networking with peers
in the industry to increase one�s company sales.
Non-Industry
Members annual dues are $2,500 cash and $1,250 UC currency. This
membership category has full IRTA member voting rights with UC
participation fees of $50 cash, $25 UC per month, plus a 10% cash
transaction fee on sales and .25% trade (UC) on purchases.
For more
information go to
www.irta.com.
IMS
Enrolls Record Number Of New Clients In January
International
Monetary Systems (OTCBB:INLM), a worldwide leader in
business-to-business barter services, announced it had enrolled a
record 375 new members into the IMS barter system for the month of
January. In addition, the company had gross revenue of $1.2 million,
compared to $1.1 million in January of 2007, an increase of 10%.
Commenting on
the new-member sales totals, CEO Don Mardak noted, �It is extremely
gratifying to see the positive results of our efforts to build a
strong sales team. Barb Martin, our national sales manager, has done
a magnificent job in assembling this group of people who are very
dedicated to expanding the IMS barter network. We believe that this
program will be the heart of future organic growth.�
The totals
listed above are taken from the company's internal records and have
not been audited.
For more
information visit
www.internationalmonetary.com.
ITEX Enters �Software As A Service� Market
ITEX
Corporation (OTC Bulletin Board: ITEX), a leading marketplace for
cashless business transactions in North America, today announced
that ITEX Chairman and CEO Steven White is scheduled to give a
presentation on Tuesday, March 11, 8:30 AM (PST), at the Montgomery
Technology Conference in Santa Monica (CA).
He is expected
to discuss ITEX�s current operations and announce the company�s
strategy to enter the �Software as a Service� (SaaS) market. The
presentation at the Montgomery Technology Conference will be the
first opportunity to showcase its new SaaS strategy.
A video replay
and copy of the slide presentation will be available on the ITEX web
site (www.itex.com),
under the Investor Relations section, from the end of the day on
March 11 through May 31, 2008.
White stated,
�We are pleased to be invited to present the ITEX story to this
technology-savvy audience and to announce our entrance into the SaaS
market. ITEX has grown revenue 50% since fiscal 2005 and is expected
to reach $15,000,000 in fiscal 2008. Operating income has increased
on average 25% annually; more than 142% what it was in 2004,
exceeding $1,500,000 in fiscal 2007.
�Part of our
success is attributed to our dynamic and robust internet based
technology platform which has proven to be practical, easy-to-use,
efficient and scaleable. For the last couple of years we have
enhanced our platform in order to capitalize on a large opportunity
for our company�to offer our technology platform, and the many
features and benefits it provides, so other businesses may enhance
the value proposition and revenue streams for their marketplace or
community, while at the same time creating new revenue streams for
us.�
White
continued, �ITEX launched its internet based platform in 2003,
internally named TEAM (Trade Exchange Account Manager). More than
just Customer Relationship Management (CRM) software, the platform
has payment processing, record-keeping, and billing functionality
and provides comprehensive transaction data on 24,000 active members
within the ITEX trading community as they complete over 1,000
transactions each business day.
�Our web
interface can be customized and branded for a variety of online
marketplaces or communities. What makes our platform unique, is its
ability to track both cash transactions and those based on non-cash
currencies...such as rewards, points, units or other consideration a
vendor decides to use.�
Montgomery &
Co. is a leading provider of merger and acquisition advisory,
private placements, and private equity for companies in the media,
communications, information technology and healthcare sectors. The
firm has emerged as the premier investment banking alternative for
growth companies in the U.S. by offering its clients in-depth
industry knowledge, financial expertise, access to key
relationships, and a high degree of customer service.
Touch The Soil Hits The Road With Publisher Benjamin Gisin
Gisin�s
professional career spans 32 years in three agriculture-related
support industries. First as a banker, where he specialized in
agricultural credit that culminated as the senior agricultural
approval officer for one of the nation�s top 10 agricultural banks.
(Instrumental in managing one of the nation�s largest agricultural
portfolios, his efforts were recognized on Wall Street.)
Then, as a
consultant, he worked directly with farmers and ranchers facing
financial challenges. In this capacity he negotiated some of the
largest debt settlements between farmers and their lenders.
And lastly, he
is the publisher of Touch the Soil magazine (http://www.touchthesoil.com)
and a national lecturer on food security, sustainable agriculture,
and the nation�s financial system.
Gisin has
published two excellent articles that readers of The Tuesday Barter
Report will find of interest. He had an interview with Bob Meyer and
then wrote how bartering is for the real entrepreneur (individual,
business, and nation) that looks beyond the limits of cash or credit
(http://www.barternews.com/pdf/looking_beyond.pdf).
A second
article by Gisin is titled, �Economics Outside The Box.� It explains
how our financial system creates and destroys money, prices the
money it creates, and how money is distributed
(http://www.barternews.com/pdf/EconomicsOutsidetheBox.pdf).
To arrange a
speaking engagement contact Touch the Soil at (208) 523-2717 or
e-mail
editor@touchthesoil.com.
Hotel
General Managers
Work With Audio/Visual
Vendor On Barter
Collect cash, as usual, from the guest accounts staying at
your facility that require the use of professional AV
services. And rather than shouldering your ongoing employee
costs, or your current vendor�s cash agreement for AV
services, here�s a much better alternative:
Work with a proven national vendor (a sterling 25-year track
record) who will provide all of the AV services for your
hotel on a 100% TRADE BASIS! (Payment to be in the form of
trade dollars.)
Your hotel�s annual AV billings must be a minimum of
$200,000, and this offer is available only in the
continental United States.
For a confidential introduction contact Bob Meyer via
e-mail:
bmeyer@barternews.com.
Attention Trade Exchange Owners:
If your member hotel(s) have a minimum of 10,000 sq. feet of
meeting space and annual billings of at least $200,000 for
AV services this is a great opportunity to earn substantial
cash service fees on the hundreds of thousands of trade
dollars your hotel member will be paying the vendor. Contact
Bob Meyer at the above e-mail. |
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The Growth and Use of Secondary Capital (New Money) Creates
Unprecedented Wealth In Today�s New Age Of Possibility
There are
many forms of secondary capital�which can be defined as any
financial instrument that measures and communicates value in a
common language. Would you like to see and learn more about the many
forms of secondary capital?
We have 70
free, informative and inspiring, articles for you in our �Secondary
Capital Section.� Check it out...
www.barternews.com/secondary_capital.htm.
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