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April 6, 2010 Written
by Bob Meyer, Editor of BarterNews
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From the desk of Bob Meyer... 04/06/2010
Michigan Trade Exchanges Report Membership
Gains
The
Detroit News had an excellent write-up titled �With
Credit Tight, Firms Turn To Bartering.� Two well-known and
long term successful Michigan trade exchange operators were
quoted in the article.
Founder
and president Mike Mercier of Metro Trading Association
reports a 20%-plus growth in membership over the last year.
He said that many businesses have been hit hard by the
economy, and that�s especially true in Michigan. TradeFirst
president Fred Detwiler divulged similar success with his
company�s membership increases.
Book-Signing Debuts Barter Publication
Co-authors
Karen Hoffman and Shera Dalin have introduced their new
book, The Art of Barter: How To Trade For Almost Anything,
at a launch party in Clayton (MO). Hoffman was a former
Executive Director of the International Reciprocal Trade
Association, and prior to that a trade exchange owner. Dalin
was a former business reporter for the St. Louis
Post-Dispatch. The publisher is Skyhorse Publishing.
For more
information, phone 314-503-6376.
India�s Film Producers Embrace Barter
In India
small-film producers use �partner-like� marketing
relationships with newspapers, broadcasters, radio stations
and web portals. Through barter arrangements the producers
trade the principal currency they have � the content of
their film. Interviews, songs, sneak previews, and video
footage are offered in return for contests, events,
features, specials, and on-air mentions from the media
companies.
Computers On Barter In Boulder
A new
nonprofit organization, Boulder Community Computers (BCC),
is bridging the digital divide for low-income families and
reducing computer electronic waste as well.
The
organization collects and refurbishes old computers; then
makes them available on a barter basis in exchange for
volunteer time spent at BCC. The Colorado-based organization
also provides free computer classes and training for the
Boulder County community.
For more
on BCC
click here.
All
back issues of "From the Desk...� can be accessed by
clicking
here.
(Please feel
free to forward our newsletter to your friends and
colleagues. We have a �box� at the end of the
newsletter for your convenience.
See you next week. . .) |
IMS Reports Most Profitable Year
International Monetary Systems (OTCBB:ITNM), a
worldwide leader in business-to-business barter services, has filed
its 2009 Annual Report on form 10-K. Contrary to the results for
many other companies in this very difficult economic downturn, IMS
had the most profitable year in its history. The company effectively
streamlined operations, while continuing to build infrastructure.
Some of the highlights of 2009:
-
Operating income or EBITDA (earnings before interest, taxes,
depreciation and amortization) of $2,252,138 or $.23 per share.
-
Cash flow from operations totaled approximately $2,155,000 or
$.22 per share.
-
Income from operations totaled $539,305, compared to a loss of
$1,244,536 last year.
-
Total liabilities were reduced by $1,776,133 since the end of
2008.
-
Total operating expenses were reduced by $2,019,239 during the
same period.
-
Payroll expenses were reduced by $1,755,903 from 2008, with no
reduction in cash revenue from transaction fees.
-
Continued progress in upgrading its web site.
-
One of the most significant improvements cited was the growing
use of its online marketplace, where sales volume continued to
hit new records.
-
Management believes that all of these
achievements continue to portend a great future for
International Monetary Systems, even in these very trying
economic times.
To view the full 10K report
www.sec.gov.
Is Your Trade Exchange Missing Out On
Valuable New Business?
If
your barter company�s listing on BarterNews.com isn�t current, you
are definitely missing out on new business. The web site
BarterNews.com receives heavy traffic � with over 150,000 page-views
every month. Entrepreneurs and corporate executives check the
thousands of articles, the weekly �Tuesday
Report,� and the �Contacts
Section� of our site. They use the latter to find barter
companies with which to do business.
Is
your barter company�s listing up-to-date?
To
keep your listing current is very easy. See the links below to (A)
update any changes to your company�s listing, such as new location,
phone number, web site or other information, and (B) if your company
has not been listed.
Here�s how to get on board:
To
make changes to your listing
click here.
For
new listings
click here.
Update On Upcoming Eurasian Barter Council Meeting
In last week�s Tuesday Report we announced the World Barter
Federation plans for a meeting in Paris. Paul Suplizio, Secretary to
the Assembly of the Eurasian Barter Council, reports that barter
companies from France, Italy, Spain, Portugal, Greece, Turkey,
Hungary, Ukraine, Korea, Singapore, Dubai, UK and USA, will be in
attendance in Paris for the second meeting.
There is no registration fee to attend the event held on May 1 and
2. Registration should be made through Paul Suplizio via e-mail at
woto@cox.net.
�
International visitors look for BARTER CONTACTS in our Global Barter
Section. If YOUR exchange isn�t listed see the forms on the lower
left of the page. (Click
here.)
�
Attention trade exchange owners...thousands of visitors every month
visit our BARTER CONTACTS section on our web site where we have
names & addresses of barter companies in the USA. If YOUR exchange
isn�t listed, or the information is incorrect, you can correct the
situation by using the forms to the lower left of the USA map. (Click
here.)
Click here
www.barternewsblog.com.
U.S. Sees More Millionaire-Growth Than China
China is supposed to be the world�s new millionaire machine as its
economy grew 8.7% versus the U.S. growth of 2.4%. Yet the minting of
millionaires (defined as those with investible assets of $1 million
or more) in the U.S. grew 16% to 7.8 million. Whereas in China, the
millionaire figures saw a growth of 6% to 875,000 millionaires.
Millionaire wealth in the U.S. is now more tied to the stock market
than the overall economy. The U.S. stock market bounce back � up
more than 60% from its bottom � has created better conditions for
generating millionaires than in China, where their stock market grew
half as fast.
Money-Making Reports Available From BarterNews
Trades From The Past (1999)
Frequent-Flier Miles For Your �Eyes�
A
new web site,
www.milenet.com, trades away frequent-flier miles to surfers
just for looking at advertisements on the site. The site is already
quite popular.
Marketing Services For Options
�
FirstLink Communications of Portland has signed an
equity-for-service agreement for Foundation Limited of New York to
exclusively market FirstLink�s telecommunications services to
apartments nationally. FirstLink obtained 50,000 options as the
barter payment.
�
Seventy-five-year-old former Senator and 1996 Republican
presidential nominee, Bob Dole, has joined Endocare�s board of
directors as an �honorary� member. He will receive 20,000 stock
options to be the company�s �prostate pin-up boy.�
Salaries Traded For Stock
A
handful of senior executives at Border�s Bookstore have traded their
entire salaries and bonuses for stock options!
AOL Plugs Movie In Return For Featured Shot
The movie You�ve Got Mail features the AOL online service
throughout the movie. Naturally, AOL agreed to plug the movie when
it hit the theaters in December.
Airline Gates Exchanged
Continental Airlines has traded five terminal gates it had at LAX to
United Airlines for several of their gates at Newark�s airport.
Dream Works Does Unprecedented Barter Deal With Wal-Mart
Instead of limiting itself to theatre box offices, Dream Works
studio unveiled a novel marketing deal with Wal-Mart. Two movie
ticket vouchers for their new movie Prince of Egypt will be included
in Wal-Mart�s $20 gift packages with a storybook and CD of the movie
songs.
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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.
Get New Money-Making Ideas And
Valuable Contacts!
You can
obtain useful, informative ideas and contacts in every available
back-issue of BarterNews.
Every
barter company in the world is listed on our web site,
click through to our Global List
of Barter Companies.
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�
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