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:
-
Double the member registration by our
franchise network.
-
Re-branding of the ITEX trading
community, including the Executive Privileges Program.
-
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.
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