Announces Sales Totals & 159% Revenue Increase
Monetary Systems (OTCBB:INLM), a worldwide leader in
business-to-business barter services, provided its sales volume and
revenue figures for September. The month produced the company�s
highest revenue total for the year and the greatest percentage
increase month-to-month over 2006. There also were substantial
increases in trade volume and new-client enrollments.
2007 results areas follows:
Trade volume for the
month totaled more than $8.5 million. (This amount represents sales
only � just one side of the transactions.) The total represented an
increase of 118% over the $3.9 million in trade volume processed in
September of 2006.
Gross revenue billed
was $1,355,000, compared to $523,000 for September of last year, a
159% increase. The September 2007 revenue was the highest monthly
total for the year, up $150,000 over the amount reported in August.
enrollments also were strong with 280 new members joining the barter
network in September of 2007. This represented an increase of 100%
over the 140 new members signed up in September of last year.
listed above are taken from the company�s internal records and have
not been audited.
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