IMS
Announces 106% Revenue Increases
International
Monetary Systems (OTCBB:INLM), a worldwide leader in
business-to-business barter services, has provided its sales volume
and revenue figures for July.
Once again the
company showed substantial increases in gross revenue, trade volume,
and client enrollments. The July 2007 results are:
�
Trade volume for the
month totaled more than $8.5 million. (This amount represents sales
only.) The total represented an increase of 103% over the $4.2
million in trade volume processed in July of 2006
�
Gross revenue billed
was $1.1 million, compared to $533,000 for July of last year, a 106%
increase.
�
New-client enrollments
once again were strong, with 266 new members joining the barter
network in July of 2007, an increase of 127% over the 117 new
members signed up in July of last year.
The totals
listed above are taken from the company's internal records and have
not been audited.
IMS recently
filed its first quarter 10-QSB report, which showed positive cash
flow and strong revenue growth. The report can be viewed at
www.sec.gov.
�One Red Paperclip� Book Published
The 25-year-old
Montreal resident, Kyle Macdonald, who went on to fame after he
decided that selling shock absorbers wasn�t his future, has written
his story in the new book, �One Red Paperclip.�
When his
decision to leave Table Shox (selling shock absorbers for restaurant
tables) he got serious and sent off resumes in a quest for another
occupation. It was at this moment that he got the idea to take one
of the red paper clips (binding his resumes together) and trade it
on the Internet for something bigger and better...with the idea of
eventually bartering up to a house.
His story
covers the 14 steps taken before acquiring a small house in Kipling,
Saskatchewan (Canada). What his journey shows is that a market
exists where the participants have neither a strong desire for the
items they bartered for, or a wish to convert the items into cash.
In this case
the barter�s goal, it seems, was to become better known, part of a
great story. With the exposure on the Internet, this book, and the
upcoming movie deal with DreamWorks, I�d say they accomplished what
they desired.
U.S.
Can't Compete With Japanese Web Quality
Americans
invented the Internet, but the Japanese are running away with it.
Broadband service in the Land of the Rising Sun is anywhere from
eight to 30 times faster than the U.S. (depending on where you
live)�not to mention cheaper. Studies show that it has the world's
fastest connections, too, which will likely make Japan the vanguard
of Internet innovation for years to come.
Indeed, the
U.S. lags behind Japan, South Korea, and much of Europe in terms of
broadband speed. Lack of regulation by the U.S. government is partly
to blame, as intense lobbying by telecommunications firms has
protected present firms from being opened to wider competition.
Competition in
the wire market, in particular, is what's driven Japan's rise to
prominence. By offering big phone companies huge subsidies, the
Japanese government compelled Nippon Telegraph and Telephone Corp.
to a nationwide build-out of fiber-optic wire to homes. The shorter,
faster wires enable the transfer of information at speeds of up to
17 times faster than in the USA.
The result? The
Japanese can watch broadcast-quality, full-screen HD television over
the Web...an experience that puts our grainy, windowed, broadband
video to shame. Their quality is so good it even allows doctors to
make crucial surgical decisions through video conferencing.
Present Real Estate Problems Ignited By Taxpayer Relief Act
Economists in
increasing numbers have cited an unappreciated force that may have
infected a strong housing market with home-buying mania. They say
it�s the bad tax policy�the Taxpayer Relief Act of 1997�signed by
President Clinton.
According to
Mark Zandi, chief economist at economic-consulting firm
Economy.com,
the tax law change created fervor over the economic incentive to
buy, flip, and buy again every two years. (A family can exempt the
first $500,000 in profit on the sale of the home from capital-gains
taxes, for a single filer it�s $250,000.)
The lure of
tax-free profit has been a powerful incentive as it�s the kind of
math everyone can figure out. But we definitely over-invested in
housing as a nation, and sub-prime loans fueled the mania.
�Residential
investment accounted for 35% of private investment in the year 2005,
a level not seen since the early 1970s,� reflects Martin Barnes, the
perceptive financial-market observer at Bank Credit Analyst.
What�s ahead
for the most politically successful segment in society� homeowners,
builders and realtors? William Ahearn of the Washington (DC)-based
Tax Foundation, says the home-mortgage deduction is sacrosanct on
Capital Hill, but the capital-gains law is different. �It�s only
eight-years-old, and action ought to be taken before this bit of
policy becomes as enmeshed as the tax break for mortgage interest.�
Editor�s note: The foregoing information was condensed from
an article titled, �A Housing Boom Built On Folly,� from MortgagePro
News.
Hotel
General Managers
Here�s
The Easiest $100,000 You�ll Ever
Bring To The Bottomline!
Collect
cash, as usual, from the guest accounts staying at your
facility that require the use of professional AV services.
And rather than shouldering your ongoing employee costs, or
your current vendor�s cash agreement for AV services,
here�s a much better alternative:
Work
with a proven national vendor (a sterling 25-year track
record) who will provide all of the AV services for your
hotel on a 100% TRADE BASIS! (Payment to be in the form of
hotel rooms and/or trade dollars.)
Your hotel�s annual AV billings must be a minimum of $200,000, and this
offer is available only in the continental United States.
For a
confidential introduction contact Bob Meyer via e-mail:
bmeyer@barternews.com.
(Please type in AV Services On Trade in the subject
line of your e-mail.)
Attention Trade Exchange Owners:
If your
member hotel(s) have a minimum of 10,000 sq. feet of meeting
space and annual billings of at least $200,000 for AV
services this is a great opportunity to earn substantial
cash service fees on the hundreds of thousands of trade
dollars your hotel member will be paying the vendor. Contact
Bob Meyer at the above e-mail. |
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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.
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