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Bob Meyer

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August 17, 2010

Written by Bob Meyer, Editor of BarterNews

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From the desk of Bob Meyer... 08/17/2010

For 1 Billion People, A Dollar-A-Day Is Survival

According to the United Nations Food & Agriculture Organization there are now 1.02 billion people in the world existing on between one and two dollars a day. (In the last year alone, 146 million were added to that list.) These figures are a pretty staggering commentary on humankind�s desire to make the world a better place.

The Trillion Dollar Shortfall � Public Pensions

Look for a future class war growing between retirees, who were once state or municipal workers (with guaranteed monthly pensions & benefits), and the have-not taxpayers who don�t have generous pensions.

A study by the PEW Center on the states shows an estimated $1 trillion gap between what states promised workers in the way of retired pensions, health care and other benefits, and the money they have to pay for it. (Some economists say the problem is three times the figure that PEW suggests.)

Correction On Last Week�s First Story ...

One of our reader�s informed us that Czechoslovakia doesn�t exist any longer, since the velvet revolution in the early 1990s when they threw the Russians out. They are now two separate countries: Czech Republic and Slovakia.

Is Your Idea A Good One?

How can you tell if your new idea is a good one? Ask yourself this question: Does your community care? Everyone has a �community� of constituents � customers, users, readers, clients, etc. Share your ideas liberally. If your community engages with them (either for or against them), then you know you�re onto something. If they don�t look twice, you know that you either need to reconsider the idea or rethink how you communicate it.

National PR Campaign Slated For Made In USA Certificate/Seal

The TransMedia Group of Boca Raton (FL) has been retained to publicize �the seal that can heal.� The campaign will be designed to build a nationwide awareness that doing business with companies displaying the certificate (seal) will help the economy and create more jobs.

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 Barter Posts Impressive Gains In Latest Earnings Report

International Monetary Systems (OTCBB:ITNM) has reported its financial results for the second quarter and six-month period ended June 30, 2010. For the second quarter ended June 30, 2010, gross revenue improved to $3,541,872 compared with $3,481,819 in the year-ago quarter. The improvements in gross revenue were the results of the company�s successful efforts to increase activity in its corporate barter division.

Operating expenses for the quarter were $3,105,100, compared with $3,190,938 in the year-ago second quarter. Operating income for the second quarter 2010 increased 50.2% to $436,762 for the quarter, compared with $290,881 in the second quarter 2009. Net income for the quarter increased 23.8% to $222,717 or $0.02 per diluted share, compared with $179,951 or $0.02 per diluted share reported in the year-ago second quarter. EBITDA (Earnings before interest, taxes, depreciation, and amortization), reached a quarterly record of $840,857, compared with $703,715 for the year-ago second quarter.

For the six months ended June 30, 2010, gross revenue was $6,612,293 compared with $6,833,043 in the year-ago six-month period. Operating expenses for the six-month period were $6,434,735, compared with $6,485,848 in the six-month period of 2009. Operating income for the six-month period was $177,558 compared with $347,195 during the comparable 2009 six-month period. Net loss for the six-month period 2010 was $98,045 or $0.01 per share, compared with net income of $125,582 or $0.01 per share in the year-ago six-month period.

Donald F. Mardak, Chief Executive Officer of International Monetary Systems, declared, �Our financial results this quarter benefited from an improved mix of business, including an increase in national accounts and a newly instituted program for small- to- medium-sized start-up companies, combined with operational efficiencies that we instituted over the past year. As we continue to demonstrate the benefits of our barter system to larger companies, we have been successful in attracting new business throughout the country, with particular strength from the hospitality industry where new member enrollment has been brisk.

�In addition to the improved revenue attributable to national accounts, we also continue to benefit from our core base of small business clients. The combination of these two segments has added much depth to the unique benefits that we offer our expanding group of members, as businesses strive to reduce their inventory levels, and barter for products and services that help to improve their own financial results.

�We continue to work on improvements to our infrastructure, and expect to launch our new operating system in the third quarter. This, combined with our anticipated growth in national accounts, is expected to continue driving improvements in all aspects of our operation,� he concluded.

For more information on IMS Barter click here.

Is Your Trade Exchange Missing Out On Valuable New Business?

If your barter company�s listing on isn�t current, you are definitely missing out on new business. The web site 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.

ITEX Continues Paying Cash Dividend To Shareholders

ITEX Corporation (OTCBB:ITEX), announced that its Board of Directors has approved a quarterly cash dividend of 2.5-cents to its shareholders. The quarterly cash dividend will be paid to shareholders of record as of the close of business on September 10, 2010. Thereafter, the company plans to continue to pay regular quarterly dividends of 2.5-cents per share, or 10-cents per share annually. Future dividends will be subject to Board approval after its review of the company�s financial performance.

�This is our second consecutive quarterly dividend and we are very pleased that our strong operations allow us to return cash to our shareholders, as well as invest in our technology infrastructure to benefit our franchisees and trading community,� said Steven White, Chairman and CEO of ITEX, based in Bellevue (WA).

For more information ITEX click here.


25 Years Of BarterNews Issues Now In Digital Format

Welcome to the largest repository of barter contacts, strategies, and barter techniques in the world. All 64 issues of BarterNews now available in digital format at

         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

Are You A Non-Borrower?

Interestingly, a study by the Small Business Administration released in June, says that from 20% to 25% of small businesses in the U.S. are �non-borrowers.� That is, they do not use any credit. These firms have received virtually no attention from academic researchers, according to the study by Rebel Cole titled, �Bank Credit, Trade Credit or No Credit: Evidence From The Surveys of Small Business Finances.�

Thought: Maybe leveraging your small business into a big hole of debt isn�t the best solution, even if that�s what many of the �experts� suggest.

Money-Making Reports Available From BarterNews

Profits Of Small Businesses Down $2 Trillion Since Recession Hit

Market research firm Barlow Research reports that a July 2010 survey reveals that 14% of small businesses have less than 50% confidence that they�ll be in business by August 2011.

The report says small businesses have lost an estimated $2 trillion in profits since the recession began in December 2007. That�s an average loss of $253,000 for each of the 8 million U.S. businesses with sales between $100,000 and $10 million. (The report also pointed out that job creation in the near term is not expected from this sector.)


How To Get More Sales In Hyper-Competitive
Restaurant Industry

Our street-smart restaurant marketing report shows proven ways to rapidly boost your restaurant�s sales & profits. More-->


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...

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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