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July 17, 2007

Written by Bob Meyer, Editor of BarterNews

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From the desk of Bob Meyer...07/17/07

Giant News Organizations Barter Content

Under serious consideration is a barter arrangement between the Financial Times Group and cable news channel—CNBC. The Financial Times would use video clips from CNBC on its web site, www.ft.com.

In return, CNBC would get access to Financial Times articles for its site, www.cnbc.com.

Americans Love Cruising

Almost 60 million people have taken a cruise, since the cruise industry began back in the 1960s. Today 8.5 million people take a cruise each year, but it’s a market dominated by U.S. residents as they account for 82% of the industry’s global passengers. The market for first-timers is huge as only 16% of Americans have taken a cruise.

Who Needs Cash?

No more fumbling for some dollar bills when buying a beverage on the airlines...just reach for the plastic. That’s the word from more airlines these days as they move to accept credit cards onboard.

Is the move for passengers convenience, or for operational reasons? Consider the steps taken when accepting cash: Flight attendants need to fill out a report and give the cash to the lead flight attendant, who then must hand it upon arrival to a gate attendant, who then takes it to an audit room at the airport, where it awaits a pickup for bank depositing.

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. . .)

ITEX Believes Key To Growth Is Networking

ITEX Corporation (OTCBB:ITEX) has widened its commitment to increasing new member registrations by confirming an agreement with Internet commerce veteran Othniel Palomino, who led the launch of the Executive Privileges Program in April 2007. 

“Othniel did a sensational job getting the Executive Privileges Program launched,” noted ITEX CEO Steven White. His immediate priorities will be to refine the program and develop additional partnerships and programs to encourage new member registrations.

Palomino brings to ITEX more than 22 years of software and internet experience. A former executive vice president at Network Commerce in Seattle (WA), Palomino was responsible for its business commerce network. He was a Microsoft group manager from 1991 to 1997.

Assisting in the execution of the three-point strategy for increasing the ITEX membership ranks, Palomino complements the efforts of their new National Sales Director, Doug Dagenais. “Together,” said White, “Palomino and Dagenais expand our efforts to push new member enrollment to a higher level.”

The three-point strategy includes:

  1. Double the member registration by our franchise network.

  2. Re-branding of the ITEX trading community, including the Executive Privileges Program.

  3. Partner program to generate qualified small business referrals from third parties.

A resident of Seattle, Palomino holds an engineering degree from Princeton and an MBA from Stanford.

For more information on ITEX see www.itex.com.

IMS Debt Converted To Equity

International Monetary Systems (OCTBB:INLM) announced that a private investor, holding a $200,000 convertible note, has completed the conversion of his position to equity. This brings the total of such notes converted to $700,000 since March of 2007, with additional notes expected to be converted this year.

In discussing this transaction, CEO Don Mardak commented, “We are grateful to this investor and the others who have demonstrated their faith in the future of IMS. Their initial investments were the driving force behind our ability to acquire strategic trade exchanges that are now contributing to our substantial revenue growth.

“IMS,” he continued, “has retired all of its bank debt, it is about to make the last payments on loans from officers, and has increased its book value by more than $6 million since April 2006.”

For more information on IMS go to www.internationalmonetary.com.


UiSwap Promotes Sense Of Community

A new online marketplace at uiSwap.com will allow its users to barter, sell, and swap goods and services, not only for free, but also on a much deeper socially-connected level. Buyers will enjoy the luxury of finding online shopping bargains from real people that they are encouraged to interact and barter with—making sales and swaps a more satisfying experience.

A key component of this personalized swap-meet experience is the ability for traders, sellers, or buyers to live chat. This innovative feature brings the face-to-face bartering benefits of traditional swap meets online.

More detailed user profiles also adds to the sense of community on uiSwap.com. Instead of just user ratings (which can take an incredibly long time to work up on sites like eBay), buyers and swappers can see and learn more about the individual with whom they are dealing. It has been discribed as eBay meets Craigslist meets MySpace.

According to uiSwap officials there is not a large amount of bartering going on online since there has been such a lack of confidence and horror stories of people getting ripped off in what they thought was a sound deal. With uiSwap.com, you know who you are dealing with before you make the deal—similar to bartering in real-life scenarios, which allows for people to feel more confident and safe bartering online.

USDA Uses Barter For Food Assistance Program

The U.S. Department of Agriculture will barter about $50 million worth of government-owned bulk commodities to U.S. food processors in exchange for further processed agricultural products that will be distributed through USDA domestic and international food assistance programs.

The barter initiative will provide benefits to those in need both domestically and internationally, and it will save taxpayers’ dollars by reducing government costs while enhancing storage space available for 2007 crops.

Domestic food assistance programs will receive 80% of the value of the commodities that are stored by USDA. This initiative will provide additional commodities to food banks and other entities to help meet food assistance needs. The remainder will be used in the McGovern-Dole International Food for Education and Child Nutrition Program.

The McGovern-Dole Program helps promote education, child development, and food security for some of the world’s poorest children. It provides for donations of U.S. agricultural products, as well as financial and technical assistance, for school feeding and maternal and child nutrition projects in low-income countries.


Small-Business Owners Worry About Economy

“Small-business owners have seen little to encourage them about growth,” said NFIB (National Federation of Independent Business) chief economist William Dunkelberg, “but there are few signs that the economy is ready to slip into an actual recession.”

Hiring plans among small firms faded some in June, but job openings are historically high and unemployment remains low. Seasonally adjusted, job growth was flat compared to May, with about as many firms increasing total employment as reducing it...12% each.

Unadjusted, 17% increased employment and 10% reduced the size of their workforce. Twenty-six percent, seasonally adjusted, reported unfilled job openings—up two points from June, and historically very strong. Thirteen percent of the owners said the availability of qualified labor was their top business problem, a point higher than last month.

Over the next three months, a seasonally adjusted net 12% of owners planned to create new jobs—strong compared to readings during the 1980s expansion, but low compared to recent experience.

Twenty percent planned to create new jobs, down five points, and 7% plan workforce reductions, up one point. Fifty-four percent reported hiring or trying to hire new workers, and 83% of those reported few or no qualified applicants for their positions.

“Capital spending plans remained weak,” reported Dunkelberg. “Small-business owners are plodding along. There is not enough spending to lift productivity significantly.


What Do You Think About This Statement?

“IF EVERY barter broker had to be BONDED and INSURED, we would have a MORE VIABLE barter system in America with a currency that MEMBERS could count on.”

To read the article and the above comment, click the link below. At the end of the article is space for your reply, along with other’s comments.

(Click here.)   http://barternewsblog.com/2007/06/17/barter-radio-stations-are-aggressive-traders



Cottage On Wheels

A new type of trailer home, called “park models” because they can be parked anywhere, are a maximum of 400 square feet under federal guidelines and therefore not taxed as permanent dwellings, making them an attractive option for beach, lake or mountain retreats, has become very popular.

With over 10,000 sold last year, manufacturers say they are having trouble meeting the demand for park models destined for private property, gated communities, resort campgrounds and even marinas.

Park models have a full-size bathtub and shower, a complete kitchen and satellite television.

Though they bare considered recreational vehicles, they look more like small houses. Lumber or a brick skirt around the bottom can hide their wheels, and additions such as a screened porch can double the square footage. Floor plans can include a wet bar, an island kitchen and a media room.

Park models are intended for temporary or recreational use and are therefore considered personal property like cars and boats. But they can be winterized for use in all seasons. Costing $20,000 to $80,000, they are subject to sales tax when purchased, and depending on the state or the municipality, they may require annual licensing and registration.

The number of park model communities is growing. They charge monthly co-op fees of $150 to $500 and are being developed throughout the country, but particularly in areas that are attractive for vacation or retirement homes, like Maine, Rhode Island, Florida, Arizona, Colorado, North Carolina and Texas.


Universal Law-Of-Reciprocity Key To Trade Exchange Success

Every trade exchange owner in the world should not only be aware of the law-of-reciprocity, but using it, in the operation of their business.

Trade exchange owners are invited to e-mail bmeyer@barternews.com for more information on how you can become “the exchange of choice” in your area. When e-mailing Bob Meyer, put “Law of Reciprocity” in the subject line.


Hotel General Managers

Here’s The Easiest $100,000 You’ll Ever
Bring To The Bottomline!

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 hotel rooms and/or 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. (Please type in AV Services On Trade in the subject line of your e-mail.)

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.

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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