ITEX Maintains Consistency Into 4th Year
Steven White,
CEO of ITEX (OTCBB:ITEX), announced modest growth in revenue,
operating income, and net income for its fiscal 2007 first quarter
ending October 31, 2006. ITEX Corporation?s first quarter report on
Form 10-QSB can be found at
www.sec.gov.
ITEX has had
three consecutive years of profitable operations and continues that
trend into the fourth year. The financial highlight for this
quarter?s report was the retirement of all remaining debt associated
with the July 2005 acquisition of BXI Exchange. The company has no
long-term debt.
?Enthusiasm
is high in our broker network,? exclaimed White, ?and we plan to
harness this positive energy to assist us in several growth
initiatives, including co-branding partnerships, marketing campaigns
to increase both member registrations and attract potential
franchisees, and enhancing member referral programs.
For more
information:
http://www.itex.com.
Lasater Announces Another Growth Period For TTi?s Online Systems
CEO Gary
Lasater revealed that TeleTrade?s international service center for
independent trade exchanges established a new benchmark for total
transactional processing of $95.9 million at the conclusion of
November 2006...an 8% increase over the entire 2005 activity.
TTi is taking
steps to bring its proprietary swipe card terminal technology and
programs to U.S. merchants before going global. Exciting new
programs are in the works for 2007.
The eValues
online system reported activity for 11 months of 2006 at $55.6
million. (EValues allows members and their exchange owners and staff
to find expanded opportunities for trading with 24/7 online access,
daily trade opportunity broadcast e-mails, trade inventory control,
contact management, and an accounting system.)
For more information contact Gary Lasater at (303) 840-7172 ext. 1,
or via e-mail at
gary@teletrade.net. The new fax number is (702) 995-3149.
Giuliani Is A Trader
A six page
Forbes magazine article (November 13, 2006) titled ?The Company
He Keeps,? related Rudy Giuliani?s various business endeavors as the
head of Giuliani Partners. It noted that he mixes with the nation?s
most prestigious people, and is anticipating a run for president of
the United States in 2008.
It also
reported that his company has accepted fees from several companies
in the form of publicly-traded stock (including several OTC bulletin
board companies) for his firm?s services.
Several people
with great name recognition (Bill Clinton, Al Gore, Colin Powell and
others) who left public office for the private sector, also traded
their services for equity in companies they advised. In each case,
what they derived from bartering in the private sector was much
greater than when working as a public servant.
Our
Amazing World
What?s the
newest superfood? It packs 10-times more iron than cow?s milk and
has antibodies that could help fight cancer and Alzheimer?s disease.
Answer: Camel?s milk.
There are 20
million camels in the world and, until recently, the harvesting of
camel?s milk was limited to nomads with buckets. A new Kenyan
company, Vital Camel Milk, is creating a dromedary dairy industry.
The United
Nation?s Food and Agriculture Organization predicts $10 billion in
annual sales for camel?s milk products by 2016, with usage in ice
cream, milk chocolates, cheese, yogurt, and butter also in the
works.
Intellectual Property A Valuable Asset
Soul singer
James Brown did it, so did David Bowie. They each raised $50 million
by issuing bonds backed by current and future revenue from their
songs.
The use of
patents and trademarks for financial flexibility is growing because
of the U.S. economy?s shift away from manufacturing. It can indeed
be a godsend for smaller companies that don?t want to share equity
with an investor.
One
biopharmaceutical company recently obtained financing of $30
million, by agreeing to pay a private-equity firm a percentage of
its revenue over 10 years. They maintain control over their
intellectual property unless they go into bankruptcy protection, in
which case their patents go to the private-equity firm.
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
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Trade Exchange Owners...
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