October 4, 2005
by Bob Meyer, Editor of BarterNews
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Andrew Federowsky Inducted Into IRTA’s Barter Hall Of Fame
of Bartercard International, Andrew Federowsky, received well-deserved
recognition for his hard work and dedication by being International
Reciprocal Trade Association’s 2005 inductee for the Barter
Hall of Fame.
traveled around the world, building Bartercard as well as promoting
barter itself. His vision and efforts have been responsible for
establishing regional service centers in Europe, the Middle East
In 2000 he traveled
to the Middle East to negotiate with business leaders from various
countries within the region. He sold the first Middle East license,
and has since assisted in launching operations in that area...some
of which were the first exchange in that country. Bartercard has
ten offices in five countries in the Middle East.
was responsible for assembling and leading the team that developed
Bartercard’s internet technology. He is a Fellow of the Australian
Institute of Company Directors (FAICD) and a Member of the Australian
Institute of Management.
has 110 offices worldwide, many franchised, and will have a turnover
of US$2 billion in 2005.)
New Money-Making Ideas And Valuable Contacts!
You can obtain
useful, informative ideas and contacts in every available back-issue
Board Director/Secretary, David Wallach, Shares Thoughts
was unable to attend the convention due to cancer treatments, but
he provided the following message to the convention attendees.
that health issues have kept me from attending this year’s
IRTA convention. Please be assured that my heart and thoughts are
with each of you as you plan the future direction of our industry.
to thank my many friends and colleagues for their support and prayers
during this very difficult period of my life.
get me wrong, I have not given up and I am extremely reluctant to
depart from this wonderful life.
my 30-year career in the Alternative Currency Industry it has been
my pleasure to serve on several IRTA Boards of Directors. Over the
years each Board seems to have risen to exactly the appropriate
level and provided well thought out answers to the difficult situations
on their agendas.
Board is exceptional, led by Board President Lois Dale and IRTA
Executive Director Krista Vardabash. The Board has come a long way
in accomplishing its mandated mission of defining, creating, and
installing standards of operation and conduct industry wide.
I so wanted to be there, shake your hand and welcome you to your
first IRTA meeting in many a year. Under your able direction NATE
has certainly positively contributed to shaping and defining the
Barter Industry. It has always been my goal to see the two industry
Associations work closer together and find a path to unity in direction
view we are neither in the Barter or Trade business. We are business
ecologists that provide a currency which represents excess business
capacities that without our involvement would go totally ignored
and absolutely wasted.
a magical thing: we turn this business waste into a currency of
great cash replacement value. As a result we capitalize as well
as grow companies and stimulate business activity; thereby creating
more employment and a stronger economic environment.
on grand scale and on a global basis our non-money currency system
will fuel an unparalleled economic boom that will significantly
raise the world’s standard of living resulting in extensive
increases in nutrition, education, and health care for all of the
my belief that those persons in this very room can and will make
this vision a reality.
luck and God’s speed.”
Note: Next week we will report on the recent (September 22-25) IRTA
Convention held in Orlando.
Income Up 54% As Company Pushes To 10,000 Client Benchmark
International Monetary Systems (OTCBB: INLM) President and CEO,
continues his push forward with the objective of hitting the 10,000
client number...a powerful benchmark in the commercial barter industry.
gross income of nearly $5 million worth of trades for August shattered
all previous monthly records. It produced revenue of $605,000, which
was a 54% increase over the same period in 2004.
IMS has completed
the integration of their last five acquisitions into Continental
Trade Exchange’s barter network, and now services clients
in 32 markets across the United States. Mardak says they have plans
on entering additional markets in the coming months. For more information
go to the company’s web site at www.internationalmonetary.com.
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Crumpton Replaces Debbie Lombardi As NATE President
Association of Trade Exchanges’ Board of Directors has named
Fran Crumpton as its new president. Crumpton will replace outgoing
NATE President Debbie Lombardi who resigned because she is no longer
involved in the barter industry, and therefore ineligible to serve
on the board.
owner of Barter Network in Toronto, was elected as the new Vice
President replacing Crumpton who previously was serving in that
owns Gulf Coast Trade Exchange in Pensacola (FL), and has served
the industry tirelessly in many different capacities over her 21
years in the industry. She will serve as NATE’s president
through the Association’s 2007 convention.
In May 2005,
Crumpton received NATE’s coveted Monkman-Crumpton Award. This
award, which in part honors her late husband Bob (NATE’s third
president from 1987-1988), recognizes integrity and loyal support
to the Association. For more information on NATE go to www.nate.org.
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Hotel Magazines Extend Hotelier’s Brand
the value of a hotel magazine? More than most believe it is. And
that’s the reason why top hotel chains around the globe are
upgrading their in-house magazines.
the Ritz-Carlton chain has relaunched its quarterly magazine this
year. It now includes articles about lifestyle, fashion trends and
self-improvement, whereas in the past it strictly focused on travel
to other Ritz-Carlton properties.
Hospitality next month will distribute a new 160-page magazine called
Eurostyle to guests of its Regent and Radisson SAS hotels in Europe,
the Middle East and Africa.
Andre Balazs, owner of Chateau Marmont in Los Angeles and the Standard
in Miami, is working with Vice Magazine to create a publication
that could land in hotel guest rooms next year.
Hotels are adding
substance to their magazines because reaching the cream of the crop
(of guests) is becoming very competitive, and they want guests to
take the magazine with them instead of looking at it for five minutes
in the room—it’s a way of extending the brand of the
Most of the
glossy hotel publications aren’t profitable at this juncture
and are bartering space with selected upscale manufacturers and
barter company in the world is listed on our web site,
click through to our Global List
of Barter Companies.
International Continues Rapid Growth
CEO of TeleTrade, reports that TTI has seen a substantial increase
in its transactional processing services for the barter industry.
Total combined transactional volume reported was $60,000,017 for
the first eight months of 2005.
growth came at eValues.net
which showed a 66.7% increase over 2004 with combined transaction
volume of nearly $39 million.
is the creator of the eValues.net technology, which offers four
ways for authorization approval. For further information contact
Gary at (303) 840-7172, ext.1.
Barter Pro, Sondra Ames, Now Wonderland Bakery CEO
members of the International Reciprocal Trade Association (IRTA)
and the National Association of Trade Exchanges (NATE), Sondra Ames
and her husband Mike Ames were driving forces in the formative years
of the commercial barter industry.
wearing another hat, that of CEO and co-owner of Wonderland Bakery
along with daughter Allyson Ames. It’s a talented mother-and-daughter
team, with the artistic inspiration and culinary expertise provided
by president and co-founder Allyson.
Allyson is a
graduate of the Culinary Art Institute of America and has been honored
with numerous awards and recognitions for her culinary talents.
Allyson has been featured on CNN and has catered the Emmys, Grammys
and other award shows.
has a strong business background and extensive ties with charitable,
civic and professional organizations that Wonderland supports.
bakery has recently opened at The Bluffs in Newport Beach and offers
gourmet cookies, special occasion cookie arrangements, artistic
desserts, French pastries, chocolate dipped fruit as well as customized
gift packaging. For more information call (949) 640-9095 or go to
A Gift To A Friend Or Associate. If you know someone
who might benefit from this newsletter, feel free to forward it
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with some 30,000 restaurants worldwide, now has a stock-market
valuation of close to $50 billion. Interestingly, the company
owns all of the land beneath 40% of its restaurants, and collects
9% to 10% of each of these location’s net in rent.
Although the real
estate doesn’t produce much cash for shareholders, the
value of McDonald’s real estate, based on the cash it
produces, would be $60 billion if it were tapped (borrowed against)
and provided to shareholders.
According to Christopher
Thornberg, senior economist at the UCLA group, property in California
is now overvalued between 40% and 45%.
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Eric Danziger, CEO
of Internet home seller ZipRealty, says real estate brokers
are in for some dramatic changes. “We have an industry
that truly has not changed since Dwight Eisenhower was President,
principally because people in the industry don’t want
it to change.”
out that there are now 1.2 million more people selling
real estate than a decade ago. And he contends real estate agents
will soon experience the same drop in commissions that stockbrokers
and travel agents have experienced. In short, in an age when
information is ubiquitous they won’t continue to rake
in their heretofore high fees.
been two years since the “National Do Not Call Registry”
took effect in the USA, and more than 100 million numbers are
enrolled. Bottomline: Despite one million reports of violations,
the Federal Trade Commission has filed only 14 lawsuits and
levied only four fines!