International Monetary Systems (OTCBB:ITNM), which presently serves
more than 23,000 cardholders in fifty-one existing markets, has
announced that it is launching a franchise division. The company
anticipates this new division will enable it to introduce the IMS
barter network to thousands of additional businesses across North
America in cities where currently there is no IMS presence.
IMS
CEO John Strabley, stated, “Until now, all of our offices have been
corporate-owned. Yet in the current economic climate, all
progressive companies that have a strong foundation are looking for
additional ways to grow. We believe that offering IMS barter
opportunities to creative-minded entrepreneurs will add another
dimension to our expansion efforts. Furthermore, we have been
receiving frequent unsolicited requests to purchase a franchise from
business people interested in bringing the IMS business model to
their markets.”
Strabley also announced that Richard Harris, the former owner of
National Commercial Exchange in St. Louis (MO), will oversee the IMS
franchise division.
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