BarterNews Logo

949-831-0607

E-mail: bmeyer@barternews.com
 

Bob Meyer
 

Beyond The Limits Of Cash or Credit

Platinum Sponsors:
 

IMS Barter Logo


Fast Start Programs

Mentor Capital
 

HOME

Sponsors Menu




 
Google
Web www.barternews.com
November 16, 2010

Written by Bob Meyer, Editor of BarterNews

We Want You To Know...When you sign up to receive the FREE weekly Tuesday Report announcement your e-mail address will never be sold, traded, or given to another party.


Please Note: We receive e-mails from people who have signed up for the Tuesday Report, and then tell us they’re not receiving our weekly announcement. In most cases this is because they’re blocking unwanted e-mails.

To ensure that our weekly Tuesday Report e-mail announcement reaches your mail box, we suggest you add bmeyer@barternews.com to your address book or safe sender list.

If you are a frequent visitor to our site we suggest you hit the �refresh� button from time to time as we add information to our site several times a week.


From the desk of Bob Meyer... 11/16/2010

Online Barter Network For Artists & Designers

A new online barter network that focuses on artists and designers is www.OurGoods.org. It promotes the trading of skills, space, labor and art objects. Monthly barter matchmaking events are also scheduled.

Assets That Are In A �Bubble� Category (Besides Real Estate)

The president of the Minnesota Federal Reserve recently published a paper wherein he suggests other bubble assets are lurking out in the global economy.

Here is his list: gold, real estate in China, alternative energy, commodities, Apple Computer (AAPL), social networking, emerging stock market, small tech companies, U.S. dollar, and U.S. government debt.

West Coast & East Coast ITEX Holiday Trade Shows Scheduled

The largest barter holiday trade show held on the West Coast will be held at the Fairplex in Pomona (CA) from 9am to 4pm on Sunday, November 21. For further details call 800-400-4294.

The East Coast location for the ITEX trade show will be at Amarante�s Sea Cliff in New Haven (CT). For further details call 888-294-6393.

TradeAmericanCard Expo Slated For December 4

Saturday, December 4, is the date for the 35th TAC annual Holiday Barter Expo. The location will be the Business Expo Center, next to Angels stadium, from 10am to 3pm. For more information call 714-532-3500.

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 Reports Third Quarter & Nine Months Financial Results � Trend Toward Operating Profitability Continues

International Monetary Systems (OTCBB:ITNM), has posted its financial results for the third quarter and nine months ended September 30, 2010.

Financial highlights include:

         Revenue increased 1.2% compared to the third quarter of 2009.

         Year-to-date employee costs were reduced by 1.7% compared to the first nine months of 2009.

         Total liabilities have been reduced by more than $900,000 since December 31, 2009.

         Absent extraordinary legal fees and the cost of settling income tax audits, year-to-date net income would have been approximately $350,000.

For the third quarter ended September 30, 2010 International Monetary Systems generated gross revenues of $3,760,487, an increase of $46,040 or 1.2%, compared to the third quarter of 2009. Much of this increase in gross revenue resulted from a significant transaction in its corporate barter division. The company continues to develop and grow this division, with the anticipation that this division will become an increasingly important part of its business model.

Operating expenses in the quarter were $3,318,451, an increase of $149,325 or 4.7% compared to the third quarter of 2009. This increase is primarily due to increased legal and investor relations costs. The net operating profit was $197,278 for the quarter, compared to a net operating profit of $357,666 in the third quarter of 2009. After adjusting for interest and income taxes, the net loss for the current period is $37,642, compared to net income of $214,180 in the third quarter of 2009.

EBITDA (earnings before interest, taxes, depreciation and amortization) for the present quarter ended September 30 was $602,901, compared with $748,792 in the prior year's third quarter.

For more info on IMS click here.


Is Your Trade Exchange Missing Out On Valuable New Business?

If your barter company�s listing on BarterNews.com isn�t current, you are definitely missing out on new business. The web site BarterNews.com 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 Boosts Cash Dividend By 60%

ITEX, the largest trade exchange in the U.S., announced that its Board of Directors has approved a 60% increase in the quarterly cash dividend to 4-cents per share (16-cents per share on an annual basis). The next quarterly dividend will be paid on December 20, 2010, to stockholders of record as of the close of business on that date.

�We continue to generate positive cashflow providing us the ability to return more cash to stockholders, without jeopardizing future strategic opportunities,� explained Steven White, ITEX Chairman and CEO. �We have confidence in our operational performance going forward, and we will manage available and future cash resources wisely in order to deliver a consistent dividend that current and future shareholders can rely upon.�

For more information about ITEX click here.


* * ANNOUNCEMENT * *

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 http://www.barternews-ezine.com.


         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 www.barternewsblog.com.


Entrepreneurs Must Continually Be Alert For Con Artists!!

We�re seeing an amazing growth of new businesses nationwide, propelled by an entrepreneurial desire held by many Americans.

But this eager class of risk-takers is discovering that the challenges can be greater than they ever imagined.

To all the normal bedevilments of small business � tight financing, uncertain markets, strong rivals � add another: a new breed of unscrupulous moneymen who prey on entrepreneurs.

Con artists have been around for ages, of course. But the fatal combination of entrepreneurial fervor, financial need, and naivet� makes fledgling business owners these days easy marks for a new variety of scamsters. Filled with enthusiasm for their own ideas, they can be startlingly inexperienced in finance.

�Technical entrepreneurs, especially, think what they do is important, but that the business side is trivial,� revealed Brad Bertash, director of a Salt Lake City nonprofit venture-capital consulting firm. Above all, what makes emerging companies ripe for scammers is their often desperate thirst for capital, and the historical difficulty in obtaining funding for start-ups.

So entrepreneurs are left to swim in shark-infested waters. Well intentioned efforts by the government to make it easier for small businesses to raise capital have paradoxically created hotbeds of abuse. Indeed, many of the schemes used to squeeze money from unsuspecting entrepreneurs are technically legal. Operating just this side of the law, many sophisticated promoters take advantage of loose regulation.

�These guys are like tax attorneys � always looking out for a new loophole,� explained Howard Sirota a former securities dealer investigator. �They know exactly how far they can go, and still avoid trouble.�


Money-Making Reports Available From BarterNews

Something to think about ...

�What is the hardest task in the world? To think.�

�Ralph Waldo Emerson, writer.


(Advertisement)

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... 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.


Give A Gift To A Friend Or Associate. If you know someone who might benefit from this newsletter, feel free to forward it to them! (See the �box� at the end of the newsletter for the forwarding service.)


We welcome your comments, questions, and observations.

� Copyright BarterNews 2010. Redistribution of BarterNews content expressly prohibited without the prior written permission of BarterNews.