Bartercard Sells Turkey License For $600,000

The sale of the license for Bartercard in Turkey, which sold for US$600,000, has been completed and the final payment collected for it. The majority shareholder of the new license is Mr. Mose Elis, who will take on the role of CEO. He is founder and owner of Endotec, one of Turkey�s major medical supply companies, which he�ll be leaving to focus his efforts on this new project. 

Training for the foundation management team is now taking place in Australia, with beginning operations in Turkey targeted for early April.

Bartercard International Chairman Wayne Sharpe was enthusiastic. �This is an exciting expansion in the region, and the team behind this license consists of talented individuals,� he noted. �With licenses already operating in nearly Jordan, Lebanon, Egypt, Cyprus, Qatar, Kuwait and the UAE, the region is poised for continued development and expansion.�