by Bob Meyer, Editor of BarterNews
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From the desk of Bob
Algorithms Will Be
Positive Assist For Barter World
The first time I heard
of?and learned about?algorithms was back in 1992, when
interviewing the bright mathematician and founder of a
complex and revolutionary trading program called UltraTrade.
Algorithms are a
procedure or formula for solving a problem. They are
essential to the way computers process information, because
a computer program is essentially an algorithm. It tells the
computer what steps to perform and in what sequence, in
order to carry out a specified task.
Issue #25 of
BarterNews reported on the brilliant team of 41
visionaries at UltraTrade who were working on a
ground-breaking way of thinking mathematically. One that
would enable them to process huge volumes of information on
a 20-dimensional level. (UltraTrade?s ambitious efforts were
comparable to that of a little leaguer trying to hit one out
of Yankee Stadium against a major-league pitcher like the
Their goal was to have
the world?s largest corporations utilize their revolutionary
technology?to streamline their operations and increase
profitability through barter?by searching for and finding
ways to facilitate tens-of-thousands of simultaneous
The 53-year-old founder
had a sudden heart attack and died in 1993, as did the
UltraTrade dream...without ever having completed a trade.
Barter Sites Underway
Today, on a much more
modest but realistic level, the use of algorithms (for
conducting trades) is again being implemented in the
marketplace. And, assuredly, we will see advancements in
this direction. Someday we may even see a workable
An online barter
www.Swaptree.com is presently getting
attention, because of their ability to put together direct
trades between two to 4 parties. To facilitate the trades,
which are limited to books, CDs, DVDs and video games,
Swaptree requires the use of UPC bar codes of the titles.
Most noteworthy is the
attainment of a cooperative effort with Amazon, eBay, and
nine other sites...whose users are notified when the book or
CD they?re seeking is available on Swaptree. The company
says no commissions will be charged for the arranged trades,
as they anticipate obtaining revenue by selling ads.
Other Efforts. .
Another online barter
site, www.SwapThing.com, offers greater trading
versatility than Swaptree in that users can use a
combination of goods and services in their bartering
efforts. Plus and when an imbalance occurs, cash can be used
to even out the trade.
Several years ago we
reported on Tom Langel?s TradeTracker, a matching tool for
three and four way exchanges. It?s used to track real estate
presentations and identify transactions for brokers (exchangors)
specializing in 1031 exchanges.
TradeTracker was also
used as a high-tech barter/auction system?matching product
to product with different items or services on a multi-level
New U.S. Listings. . .
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Ph: (203) 647-0251
Fax: (203) 647-0086
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See you next week. . .)
Mardak Enthused With Hedge Fund Equity Investment
Don Mardak, International Monetary Systems? CEO, is
smiling these days as he?s received an additional $3 million in
working capital from Praetorian Offshore Ltd. It is the hedge
company?s second investment in IMS...bringing the total to $4
Under terms of the agreement, Praetorian acquired 7.5
million shares of IMS common stock at $0.4285 per share and received
warrants to purchase an additional 3.5 million shares at $0.55.
Mardak says the money will allow the firm to execute
current expansion plans and streamline its operations. For more
information on IMS go to
On Thursday May 11, the BarterNews cover story (in issue #61)
on International Monetary Systems was downloaded from our web site
45 times. The PDF file is in our Trade Exchange Section, found under
Barter Categories on the navigational bar.
Trade Exchange Owners...
Then it?s time to
grab-a-hold of the most powerful marketing tool in the barter
industry! The Competitive Edge newsletter is a monthly, ready
to use, professional 4-page publication...no work is needed! (Click
Would You Like To Make 2006 Your Greatest Year Ever?
Announces New Verifiable Logo Program
An industry goal of creating greater credibility and
transparency has led the International Reciprocal Trade Association
(IRTA) to create a verifiable logo. Members in good standing can
easily place IRTA?s interactive logo on their web-site.
When a visitor to the site moves their mouse/cursor
over the IRTA logo, a 5-second glimpse will appear of the
certificate that verifies the exchange is an IRTA member in good
standing. The visitor also has the option of clicking on the logo,
which links to IRTA?s web-site, to find out why it?s important for a
barter company to be an IRTA member.
For an example of
how it will look and function, visit:
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 75 free,
informative and inspiring, articles for you in our ?Secondary
Capital Section.? Check it out...
?Kyle MacDonald Is Out-Trumping Donald Trump!?
?Alice Cooper, rock
In our February 14 and April 25 issue Tuesday
Report, we related Kyle MacDonald?s amazing story...trading on
his imagination and ingenuity (along with an eight-foot red
paperclip) to acquire a free house. In the nine month period since
he began, he?s had a series of seven trades resulting in a
year-free-rental of a home in Phoenix.
Since our last reporting, the 26-year-old Canadian
has bartered the free rental to a young woman who works at
Cooper?sTown Sports Bar & Grill in downtown Phoenix. Her boss, rock
icon Alice Cooper, agreed to the trade so she could get a year?s
?Kyle MacDonald is out-trumping Donald Trump,?
exclaimed the legendary shock rocker. ?I can?t believe (I?m doing
this so he can) get a house, but it?s just crazy enough that I
couldn?t resist,? disclosed Cooper. ?Whoever gets to spend a day
with me better get ready for a wild ride!?
So MacDonald, with several Good Morning America
appearances and a book and movie deal already signed, will embark on
a new adventure when he meets Cooper face-to-face to promote the
trade. He will appear on the ?Nights With Alice Cooper? radio show,
which is broadcast on over 90 stations across the country to
millions of fans.
MacDonald will appeal to the show?s rabid following,
urging them to bid on the afternoon with Alice Cooper, so he can
continue his quest to trade his way up to a house.
New Money-Making Ideas And Valuable Contacts!
You can obtain
useful, informative ideas and contacts in every available back-issue
Sony?s TV Barter Advertising Agreement Extends To Station Web Sites
Sony Pictures Television is the first production
company to give stations the rights to air a syndicated TV show on
their local web sites after it runs over-the-air...at no cost to
As part of the barter advertising deals, national ad
units sold by Sony will run intact as part of the streaming video
(presumably at a higher rate due to Sony?s extended reach in the
digital space). Sony?s stations are free to make their own extended
TV/online deals with local advertisers.
Our Web Site Has Added A Search
Tool For You
wondered if a certain topic, person, or organization has been
written about on the Barternews.com web site? Now you can easily
find out, as we?ve added a search tool. It will quickly give you the
answer to your questions, in 3 easy steps that take about 12
At the top
right of the page, just under where you sign up for the Tuesday
Report you will see a little Google box. It is where you can (1)
type in the name of a subject, company or person. Then (2) click the
button for www.barternews.com to search the site, followed by (3)
hitting the search button.
Soft Landing For Real Estate With Job Market Strength
According to Scott Simon, head of Newport Beach-based
Pimco?s mortgage team, the U.S. housing market is slowing like a
supertanker. All across America prices are going up more slowly,
sales are dropping, and the number of homes for sale is rising.
In short, the
housing market is slowing under its own weight. But according to
Simon, home prices won?t crash. After examining 200 years of housing
cycles, the bond firm?s research shows that ?housing bubbles only
burst when there is a lot of unemployment.? And jobs are rising, not
dropping, so a crash is unlikely.
barter company in the world is listed on our web site,
click through to our Global List
of Barter Companies.
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