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Author Topic: Time to buy BLYC
Upside
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Going out on a bit of a limb here but BLYC should start showing signs of life pretty soon. Their quarterly is due out soon and should give the stock a boost. Even if it's only mediocre the stock is so depressed right now it wont hurt it too much. They're going to start advertising in Barter News magazine soon and according to their CEO their next bit of news will "blow your stocks off". I don't put much credence into that but I'm looking for .04-.06 within the next month or so. Do your dd as always before investing.
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terrytunes
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I see this stock going sub 0.01 based on the amount of shares that are outstanding. (not to mention the amount authorized)
05/07/2004 549,161,536 MGFS http://www.otcbb.com/profiles/blyc.htm
When this type of stock does a few "peaks" on the way down, that is a good indication that it still has a ways to go on the down side.
wait until you see heavy volume on the downside due to public selling. (100,000,000 + shares)
these stocks even tend to level out before doing a major turn up. There will be another small peak soon...to keep the public in the stock. it will jump to the .025-.03 level then continue down.

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mizzou7
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Here's some info Bruce provided on the Bentley discussion board...

Looks like REVENUES to me...

Get the word out...

mizzou7


Bruce Kamm

Joined: 29 Apr 2004
Posts: 164

Posted: Thu Aug 19, 2004 8:24 pm Post subject: Re: Performance indicators

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We do not currently track new members, we track exchanges, which are our clients. We add about 6-8 new exchanges each month. We are up to a total of 76 exchanges since Jan 1, 2004.

An average member trades about $1000 per month. An average exchange has 300 members, but as we are adding a lot of new start-ups, the average members in the exchanges is probably closer to 200 to 250.


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Rags2BetahRags
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I have looked at this and see they have potential. I actually looked at the site for over an hour and soem of the affiliates.

From what I read over there it shows that they are not doign much in the PR department but more as an aggressive approach towards competition and hooked up with some good players in the field for connecting themselves with. this is a stock I would like someone to actually look at about the financial part of it as I liked this one enough to hold onto the shares longterm. I was researching into affiliating to them as well and the costs compared to ebnefits is reasonable for what they offer so I can see this growing really well with more potential than that of other companies that mom and pop shops could duplicate easily.

If anyone does the financial look could they post what they believe and whether good longterm hold considering I am in the similar field and approached for affilliating my company to their offers


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Rags2BetahRags
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hey

I wrote an email to this site about some inquiries I had at 12:30pm and within an hour I get a reply!!! Now that is being on the ball if you ask me.

They answered my questions, gave me a few links for what I wanted to see,gave me a contact number for another rep in the company and when to call. meetings all next week.Bruce, CEO, sent it with number cell and fax and the contacts for another person not sure his title. The speed amazed em though


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mizzou7
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Key Executives

Bruce Kamm CTB is CEO of Bentley Commerce Corporation. He has more than 25 years’ experience in sales, marketing, advertising, promotion, information technology and barter. Formerly the CEO of an information technology company, the Managing Director of a fast growth trade exchange and the designer and developer of online information and transactional services for TradeBanc, VirtualBarter, Interep, CBSI and the Regional Bell Operating Company’s information service gateways. Concurrently with his career, Mr. Kamm founded and managed a real estate development company that used trade and offset as a component in many real estate and construction transactions. Mr. Kamm specializes in capital engineering utilizing trade, countertrade, creative financing and innovative cross-marketing programs to expand business opportunities and bottom line profitability by engineering programs that enable companies to maximize the value of their underperforming products, services, assets and capacity. Mr. Kamm holds a BA in Administrative Science from Long Island University and accreditation from the International Reciprocal Trade Association as an Industry Certified Trade Broker (CTB).

Robert Schumacher is president and COO. Over the past decade, he has launched a number of successful companies ranging from internet design, hosting and marketing, to online software, to the design of medical devices, as well as developing the marketing strategies and online presence for a host of other organizations. Prior to this, Mr. Schumacher was marketing planning, merchandising, and retail vice president of Pennsylvania House, a division of a Fortune 500 company and started its franchised stores and accessory merchandising business. He joined them after leaving National Home Furnishings Association where for ten years was publisher of its award winning industry magazine he created, as well as its associate executive vice president. For eight years preceding this, he was President of Centrum Corporation, a Washington, D.C. headquartered communications firm he founded with offices in Europe. It served a wide range of companies, national and international trade associations, and public service organizations, providing them with marketing, advertising, design, public relations, documentary film production and conference organization.

Joseph Crump has more than 12 years experience in sales, marketing, pension plans, employee benefits and barter. After analyzing the liquidity problems facing the barter industry in 1998, Mr. Crump formed Crump Barter Services, Inc. (CBSI) and subsequently developed an internationally recognized and accepted barter currency that allowed exchanges to seamlessly trade with each other through a global trade clearinghouse. Mr. Crump made this service available to the industry through the creation of the “Crump Dollar”, a universal trade currency that enables barter transactions between disparate exchanges. As a result, CBSI currently provides clearing services to over 180 barter exchanges and corporate trade companies, representing more than one third of the barter exchanges in the U.S. and one half of the exchanges in Canada, with rapid expansion in progress. Prior to this, he was CEO of a trucking and logistics company based in Ontario Canada, with service provision in Ontario, Michigan and New York. Mr. Crump holds a BA in Management and Economics.

Melinda Houser brings 16 years of experience in managed offset procurement to global companies. Ms. Houser pioneered the utilization of trade credits for non-media purchasing working with global companies such as Bulova Watch, American Power Conversion, Eagle Electric, W.R. Grace & Companies, Perdue Farms, General Electric, Finmeccanica, Fieldcrest and Circuit City to successfully match vendors with purchasing and procurement requirements. Ms. Houser developed the Commercial and Industrial Buying Consortium and was the co-designer of the transactional software used today to manage all of the aspects of a client's corporate trade program. Prior to Ms Houser's involvement in corporate trade, for 14 years she specialized in production and sales in the printing industry working with international clients that included National Geographic, the Smithsonian Institute and US News and World Report.

quote:
Originally posted by Rags2BetahRags:
hey

I wrote an email to this site about some inquiries I had at 12:30pm and within an hour I get a reply!!! Now that is being on the ball if you ask me.

They answered my questions, gave me a few links for what I wanted to see,gave me a contact number for another rep in the company and when to call. meetings all next week.Bruce, CEO, sent it with number cell and fax and the contacts for another person not sure his title. The speed amazed em though



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Rags2BetahRags
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The only downfall I noticed about it after rereading it all was one thing they didnt offer

They barter tourism and goods and services. The services are not geared towards any specific industry of a manufacturing sector. They are mainly bartering for a service style company and not TRADE a service for a goods item. Example to explain my lame reason. I was looking for a machine shop to barter their service ( manufacturing) as I know this industry is hurting big time from import industry and offer a service I do with some exclusivity rights to them. He stated he did not know of any company that barters manufacturing of machining and the commercial barter system is set at a minimum of 100,000 which is low for soem but limiting to others such as what i required was not 100K.

He did send me in a direction that i coudl find what I am looking for though. And did say contact Joe about more detailed explanation to see if they have a client to such a thing. I am trying to bring the manufacturing of my product to the USA instead of Canada. I really liek the barter system for many reasons as it cuts costs unbelieveablely.

I would like someone who knows stocks to give an opinion about the finances here though. I like the concept and structure of management BUT would like to know more for a long term player.


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mizzou7
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I think the questions you need answered would be best handled by the management at Bentley... Any info given by an investor would be at best what the company has released already... any more info by an investor would be no more than speculation...

Rememeber, this is a start up company and dollars are limited however, if you go to the discussion board and read some of the recent replys from Bruce you will at least see the direction Bentley is going and some revenues... if you read between the lines...

quote:
Originally posted by Rags2BetahRags:
The only downfall I noticed about it after rereading it all was one thing they didnt offer

They barter tourism and goods and services. The services are not geared towards any specific industry of a manufacturing sector. They are mainly bartering for a service style company and not TRADE a service for a goods item. Example to explain my lame reason. I was looking for a machine shop to barter their service ( manufacturing) as I know this industry is hurting big time from import industry and offer a service I do with some exclusivity rights to them. He stated he did not know of any company that barters manufacturing of machining and the commercial barter system is set at a minimum of 100,000 which is low for soem but limiting to others such as what i required was not 100K.

He did send me in a direction that i coudl find what I am looking for though. And did say contact Joe about more detailed explanation to see if they have a client to such a thing. I am trying to bring the manufacturing of my product to the USA instead of Canada. I really liek the barter system for many reasons as it cuts costs unbelieveablely.

I would like someone who knows stocks to give an opinion about the finances here though. I like the concept and structure of management BUT would like to know more for a long term player.



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mizzou7
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Bentley Commerce forms Barter Institute to Expand Barter as a Business Tool throughout North America and Teach Trade Exchange Management and Operations

Joe Crump Elected to the Bentley Commerce Board of Directors


SARASOTA – AUGUST 23, 2004 -- Bentley Commerce Corp. (OTCBB:BLYC), the leader in both online and point of sale barter and trade, has established The Barter Institute to educate businesses on how easy and profitable it now is to trade their excess products, services, production or capacity for the products and services they would normally pay for in cash to operate their own businesses. In addition, the Barter Institute will teach individuals and companies how to start, manage, market and operate a profitable barter exchange of their own.

Bentley Commerce’s Barter Institute faculty will start with a team of five highly successful barter professionals with combined experience of over 60 years in all facets of barter. These professionals will tour the country to provide a 4-day training event in 10 U.S. cities over the next 12 months. In addition to teaching businesses how to barter, the program will show specific types of businesses, such as radio stations, media companies, hospitality organizations, Internet companies and non-profits, how to start and operate a barter exchange. By using Bentley Commerce’s tools and technologies to build their own branded barter exchange, and enrolling their listeners, advertisers or members, they will be able to create a new lucrative revenue stream..

The Barter Institute team will also teach those individuals who want their own trade exchange business, how to start and manage the day to day operations of a trade exchange. During four days of comprehensive training, they will be provided with the knowledge, systems, tools and technology they need to succeed, taught by a distinguished faculty of barter professionals that have managed some of the most successful trade exchanges in the country.

“The ability of using barter to fulfill its inherent promise of significantly lowering the cost of doing business, while simultaneously increasing sales on an enormous scale, thus having a dramatic, positive affect on business, depends on attracting large numbers of individuals and companies to become trading partners, and establishing new trade exchanges to assist them with their trades,” said Bruce Kamm, Bentley Commerce’s CEO (www.bentleycommerce.com). “Key to our strategy is to attract new trading partners who have never formally bartered through an exchange, and teach them how barter will positively influence their business. In addition, we will provide the training and the tools to those who want to have their own exchange as a profitable business opportunity, to facilitate trades between the new trading partners we expect to attract.”

“Now that we have built the largest Online Global Trade Marketplace with our VirtualBarter software, we are ready to begin teaching an expanding base of companies how easy it is to trade with one another over the Internet, even if they are members of different trade exchanges,” continued Mr. Kamm. “The Barter Institute will enable these trading partners to rapidly begin trading with businesses from 76 independent trade exchanges that manage transactions for about 16,000 companies, with approximately $400 million in products and services available for trade online. We believe this will create exponential trade opportunities and increased revenues for these businesses, for the online exchanges participating in the Bentley Global Trade Alliance and for Bentley Commerce."

In Other News:

Joseph Crump, who is president of the Bentley Crump Barter Network, has been elected to the Bentley Commerce Corporation Board of Directors. Mr. Crump, one of the barter industries true visionaries, founded Crump Barter Systems in 1998 to bring efficiencies to the barter industry by providing a clearinghouse through which members of different barter exchanges worldwide can make available each other's inventory and services and trade seamlessly with one another. Crump Barter’s membership rapidly grew to represent approximately 30 percent of the barter exchanges in the USA and about 50 percent of those in Canada.

About Bentley Commerce Corporation:

Bentley Commerce Corp. is a business-to-business, Internet e-commerce company that is establishing a new marketplace and distribution channel for worldwide barter and trade. Through the development of a seamlessly integrated family of online barter services, it envisions that most barter transactions can be handled over the Internet in real time, with its proprietary VirtualBarter software. Bentley intends to serve as a clearinghouse for barter trades for Fortune 500 trading partners, scores of existing retail barter exchanges that serve companies of all sizes, corporate barter companies that serve large multinational corporations, trade associations and their member companies, as well as media and travel agencies.


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Upside
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This one reminds me of TFCT. Good news comes out, stock goes down. Soon enough though, it'll go.
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