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September 11, 2007

Written by Bob Meyer, Editor of BarterNews

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From the desk of Bob Meyer...09/11/07

Teen Trades iPhone For New Car

A 17-year-old hacker, George Hotz, who managed to unlock the iPhone so that it could be used with cellular networks other than AT&T has traded his reworked gadget for a Nissan 350Z and three 8GB iPhones. 

Hotz made the barter deal with Terry Daidone, co-founder of CertiCell, who also hired Hotz as a paid consultant.

Citigroup’s Real Estate Portfolio Massive

Does the average person have any idea of the magnitude (of wealth)  the world’s corporate goliaths possess?  Here’s a mind-numbing figure to get your mind around: Citigroup, a banking giant, has a global real estate portfolio which totals 92-million square-feet!

Homeless Centers In Oregon Accept Barter Services From Poor

The Sisters of The Road, a non-profit organization, have expanded their homeless center in Portland. The organization runs a café and provides mail and other services for the poor and homeless who pay for the food and other products with cash, food stamps, or barter.

Mergers & Acquisitions Will Set 2007 Record Worldwide

More than $3.57 trillion in M&A deals this year will mean an all-time record, according to Bloomberg News. International buyers are spending more on takeovers in 2007 than ever before, and the pace of foreign purchases ultimately might match the volume of domestic deals.

Bankers specializing in mergers and acquisitions will earn approximately $11 billion in fees.

12 Million People Took Cruises ...U.S. Passengers 78% Of Total

Cruise lines and their passengers spent $17.6 billion in the U.S. in 2006, with New York and Hawaii among the fastest-growing embarkation points for cruise travelers. Demand has slowed in the key Caribbean market, but the industry has seen potential for growth in Europe and Asia. While U.S. passengers play a dominant role in the industry’s travelers, only 17% of Americans have taken a cruise.

Corporate Jet Use Is In Dramatic Expansion

In 1970, turbine-powered planes such as corporate jets numbered 1,833. By 2006, that number had jumped to 18,058. And the FAA predicts another 10,000 additional corporate jets will begin flying in the next ten years.

On another note, commercial airlines ranked below the IRS in the University of Michigan’s most recent survey of American customer satisfaction.

Small Business Isn’t Small When It Comes To Statistics

According to Larry Kudlow, host of CNBC’s (cable TV) “Kudlow & Company,” small business in America makes up 50% of our country’s GNP and is responsible for 99% of the jobs in the private sector.

Hotel Rooms In Manhattan Up 40% Over Three Years

According to Smith Travel Research, the average room in Manhattan (NYC) has seen a big jump in prices—some 40% higher than just three years ago. The higher rates are a result of foreign visitors drawn to New York by the weak U.S. dollar. In addition, the supply of rooms has declined due to converting rooms to condominiums or other uses.

The occupancy ran 80% for the first four months this year and the average room rate was $231, far out-distancing Miami at $192 and Honolulu at $166.

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Active International Named Agency Of Record For Silverjet

Active International announced it has been selected as agency of record for Silverjet, Britain's first exclusively business-class airline. Internationally recognized as a new class of premium air travel at an incomparable value, Silverjet is focused on becoming the global market leader in the all-business-class category.

Active brings global media buying power to Silverjet, focusing on share growth for the carrier by leveraging Active's client base in the U.S. and Europe. “We're able to create customized solutions that are defined solely by our clients needs,” elaborated COO Eric Larsen. “The Silverjet assignment highlights the scope and strength of our marketing capabilities, media services and strategic investments.”

“As we add destinations worldwide, we're looking for new ways to get the word out and put passengers in seats,” stated Silverjet’s CEO Lawrence Hunt. “This means changing the way we reach our target audience.

“Active's unique combination of strategic development, innovative team, media capabilities and travel expertise encompassed all the qualities we were looking for in a partner. We expect to expand our relationship with Active as our business grows. They’re our partner of choice.” 

“Whether providing marketing insights about travel, developing a strategic plan, or opening new paths through consumer insights, we are here to support Silverjet,” confirmed Jim Porcarelli, executive vice president of Active International. “Reciprocally, the relationship with Silverjet allows us to expand the breadth of services to our current clients, including greater options for both business and leisure travel.”

For more information on Active International go to “Site Sponsors” at top of page for click through.


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Click here www.barternewsblog.com.


IMS Acquires Barter Partners & Kansas Trade Exchange

International Monetary Systems reported it has purchased the client base of Barter Partners, a trade exchange serving members in St. Joseph and Benton Harbor (MI) as well as South Bend (IN), capably run by Jim Cassidy.

IMS management believes that its new Barter Partners clients from the Michigan market will derive much benefit from, and will relate well to, the company’s largest client base in Chicago. These new IMS members will now have thousands of trading partners that they have not had before.

Acquisition of the assets and client base of Kansas Trade Exchange, located in Wichita (KS), will become effective on September 30, 2007. KTE has been serving clients in south-central Kansas for more than twelve years with a solid reputation for quality service to its members...providing them with a wide variety of desirable products and services.

Don Mardak, CEO of International Monetary Systems, commented, “Hayes and Brenda Crenshaw have created one of America's top-quality trade exchanges with a loyal base of clients. We believe that this acquisition will strengthen our product offerings and be accretive to our revenue and profitability."


Additional International Monetary Systems Debt Converted To Equity

International Monetary Systems revealed that two private investors who were holding $300,000 in convertible notes have completed the conversion of their positions to equity. This brings the total of such notes converted since March of 2007 to $1 million.

Don Mardak, IMS President and CEO, stated: “Once again, these investors have demonstrated their faith in the future of International Monetary Systems by converting their interest-bearing notes to IMS shares. Without their original investments, we could not have achieved the remarkable revenue growth that we have shown throughout 2007, and their wisdom and counsel have been most insightful.”


Wine Lovers Can Meet Locally Now

Appealing to both beginning wine drinkers and connoisseurs alike, LocalWino.com provides a well-organized online platform for local wine lovers of all levels to discuss, research and discover the world of wine in the non-threatening free sharing environment of a community forum.

The distinguishing feature of the site as opposed to other online wine forums is the local organization of the forum by cities within specified states. This allows users to share, find, and discuss details about wine within their own community. In addition to the discussion forum, the site serves as a wine information portal for various links and resources to the overall wine industry.

Founder and owner, James Matuszewski, explained, “After being a part of various online wine forums, I saw a great need for a more organized format for the type of discussions that were going on.” He feels as though his site is catching the trend of online local community building. 

“Look at what CraigsList has done for people wanting to sell or barter (i.e. eBay) without having to pay to ship all over the country…local wine communities are very tight and always looking for ways to get together and share their wine experiences or discoveries.”

In addition to being set up by state and city, the discussion forums are very smartly organized by subject as well. Self-proclaimed “winos” can discuss general information about wine, wine shops & resources, restaurant wine lists, wine clubs, wine travel or more wine & food specific tasting subjects.

There is even a social aspect of the forum where singles or couples can find each other to get together for glass or two at the local wine hot spot.

“I wanted to create as thorough and friendly a discussion forum as possible without making it too overwhelming to its members,” stated Matuszewski. “It really poses the opportunity for people to get more personal with their love of wine and the possibility of local contact. It’s exciting, and no one else is doing this.”

The site and the forum are completely free of charge to its visitors or members. As users log-in or register, they choose their region (state) and then are given a prompt to choose their individual locale. Members can also easily view or post to any of the forums designated by city and find information about other locations as well.

LocalWino does not currently sell wine directly on its site, but is affiliated with various wines sales and other commerce sites. The site plans to introduce wine commerce later in 2007.

For more information visit www.localwino.com.


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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