BarterNews Logo

949-831-0607

E-mail: bmeyer@barternews.com
 

Bob Meyer
 

Beyond The Limits Of Cash or Credit

Platinum Sponsors:
 

IMS Barter Logo


Fast Start Programs

 

HOME

Sponsors Menu




IMS Reports Another $6 Million Trade Volume Month

Don Mardak, President and CEO, reported that December was another �fabulous month� for International Monetary Systems (OTCBB:INLM). �Our revenue growth continues as our trade brokers generate higher trade velocity and new, incremental sales for their clients.�

The company announced revenue for December was $619,000, an increase of 41% over December 2004, as they processed $6 million worth of trades for the second consecutive month. IMS reports its trade volume on barter purchases only (one side of the transaction), instead of the usual dual reporting of purchases plus sales.

Continental Trade Exchange, under parent company IMS, serves more than 9,300 customers with 14,000 cardholders in 32 U.S. markets. Headquartered in New Berlin (WI), the firm generates revenue through monthly account maintenance fees of $12 cash and $12 trade, plus cash transaction fees of 12%, usually paid 6% by buyer and 6% by seller. For more information: www.internationalmonetary.com.