April 6, 2004
by Bob Meyer, Editor of BarterNews
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Monetary Systems Annual Report
Monetary Systems (OTCBB:INLM) recently filed its 10-KSB financial
report for the year ending December 31, 2003. During the year, the
company's revenue increased 42% to $3,972,386, compared to $2,792,784
for the same period of 2002.
In 2003, the
Continental Trade Exchange (CTE) division had net income of $524,738,
compared to $414,215 in 2002. These figures were diluted by investor
relations and other expenses of $352,036 related to the parent holding
company, leaving a pretax net income for on-going operations of
$172,702. After deducting income tax expense, the company's net
income from continuing operations was $103,902.
The entire 10-KSB
report can be viewed at www.sec.gov.
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Hope To Follw Lucrative USA-Style Syndication Industry
and international industry leaders believe Russian television is
now ripe for the development of syndication TV programming, and
some anticipate a major U.S. studio or European producer coming
into the market within the next year or two.
Russia has eleven
time zones and 200 major cities with TV stations, much like the
independent station set-up the U.S. once had. Soon the networks
will have 60% to 70% coverage, making advertising and barter sales
of TV programming a serious proposition. Russia is one of three
major underdeveloped media markets in the world, along with China
of Moscow-based entertainment network STS, Peter Gerwe, who has
20 wholly owned regional stations and 380 affiliates, believes syndication
is at least two years away. He doesn't think the fledgling Russian
syndication business will reach a level suitable for foreign entrants
founder and CEO of Construct Region, a Moscow-based advertising
agency that sells regional airtime to national and international
agencies, is poised to take advantage of syndication.
Tavrin, syndication in Russia is going to be about how to make money
out of stations that are offering as little as $30 and rarely more
than $300 for a program hour. According to Tavrin, the winners in
the game will be those who know how to stitch together 30 or 40
individual stations into one syndication deal.
New Money-Making Ideas And Valuable Contacts!
You can obtain
useful, informative ideas and contacts in every available back-issue
Hospital Works With Patients On Barter
Hospital in rural Farmington (ME), is benefiting from allowing patients
to pay their debts to the hospital via barter.
The barter program
works with 30 to 40 patients a year and enables those below the
poverty line to pay their bills by working in the hospital. Tasks
range from landscaping to reading to sick children, and doesn't
displace hospital employees.
Rick Batt, CEO
of Franklin Community Health Network which operates the hospital,
says the community goodwill is phenomenal. Although he initially
encountered some resistance from the hospital staff when he first
introduced the idea, Batt says other hospitals should try it because
it converts a problematical bad debt into a positive for the community.
you know that your classified ad gets one full year exposure in
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action in the future is going to be in Asia. But California is really
a bridge between Asia and the rest of the United States."
Sung Won Sohn,
chief economist Wells Fargo Bank
Sung Won Sohn
is a Korean-born, Harvard-trained economist. He says California
is a bridge between Asia and the rest of the United States, in that
a lot comes through due to its geographic proximity.
the people who speak the languages and understand the Asian cultures.
So when Asian companies think about coming to the United States,
they don't think New York or Miami, they think California. (Sohn
says that's one of the reasons why the price of real estate is going
up so rapidly in California—much Hong Kong and Chinese money
is coming into the state.)
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barter company in the world is listed on our web site,
click through to our Global
List of Barter Companies.
Commerce (OTCBB:BLYC) together with the Minority Business Network
(www.mbnet.com) has launched an online barter exchange for minority
and women business entrepreneurs.
- The Institute
for International Economics, a Washington think tank, says the
global economy will have the strongest two year rise in world
since the recovery from the global recession of the early 1980s.
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- The U.S.
manufacturing sector has hit a 16-year high in hiring activity
as capital spending, exports, and inventory restocking have all
begun to improve.
- Given the
outsourcing debate and today's popular demon foreign competition,
it's interesting to look at history and see what we were thinking
years ago. In March 1964, three dozen luminaries wrote Lyndon
Johnson claiming that "the combination of the computer and
the automated self-regulating machine" was creating "almost
unlimited productivity capacity which requires progressively less
massive government spending, they warned, the U.S. would suffer
widespread joblessness and poverty. However, since then the
U.S. economy has added 75 million jobs...an increase of 125%.