Observers have said that trades do not settle because broker-dealers do not effect buy-ins, as required by law, and that there is an unspoken understanding that any brokerage that tries to force a buy-in will be retaliated against.
There is currently a list of 106 companies have issued press releases or been named in the media as having been victimized, or as taking various actions, either alone or in concert with other companies, to oppose manipulative trading in the form of illegal naked short selling. One of these companies, Bentley communications has taken steps to identify shareholders and discourage Naked Short Selling. Two popular ways in which do this are the issuance of Dividends, and Name & Cusip # change.
The issuance of Dividends which was used as a tactic to identify shareholders has been completed. Note the following Press Release: Bentley Communications Corp. Extends Shareholder of Record Date to November 5, 2003 for 20% Stock Dividend Friday October 17, 8:00 am ET. Also note that the stock price moved from .01 to .045. Since then it has consolidated and is trading near support @ .024 to .027.
I have personally contacted Gordon Lee, President of BTLY on 1/05/2004. He stated that they have identified 1000 shareholders but believe with the name & Cusip # change they will be able to identify the remainder. Note the following PR release: Bentley Communications Corp. to Change Its Name to Bentley Commerce Corp. and Obtain A New CUSIP Number, Effective Jan. 12, 2004. Shareholders Urged to Exchange Stock Certificates This release occurred on December 30, 2003
There have been several instances in which companies issuing name changes and trading under new cusip#’s have had share prices move dramatically up a few days preceding and after these changes occurred. One recent case was when IDNW changed to GLBT. The share price surged from .06 to .20 within days. One contributing factor to the price increase was the fact that MM’s are required to cover all naked short sales prior to the name and cusip# change as required by the SEC. This may dramatically impact BTLY share prices in the near term (by and including 1/12/2004).
Also be advised that as per my contact with Gordon Lee, President of Bentley Communications on 1/5/2004, we discussed recent developments and a “huge” contract that has been recently acquired by BTLY. I will not disclose the details of our conversation on a message thread, but do suggest that a strong PR will be released soon, outling this contract and the potential impact on revenues of Bentley for the next few years. If you would like more information on this Privileged and Confidential Information you can email me machtabow@yahoo.com.
Technical Analysis. MACD Positive Divergence has been occurring for about 1 month. When a stock price moves down/consolidated and MACD continues to rise… this is called Positive Divergence. Soon MACD will likely cross the centerline and trading will become bullish. I anticipate this to occur “very soon”. Also note that BTLY candlestick charts have also indicated a triple bottom over the past trading month. This indicates a floor has been established and BTLY will likely continue up from here.
Always remember to do your own DD. mach
[This message has been edited by machtabow (edited January 06, 2004).]
[QUOTE]Originally posted by machtabow:
[B]Bentley Communications/Naked Short Squeeze Opportunity & Bonus Additional Encouraging Contracts and PR’s to be released soon.....
quote:
Originally posted by Mav:
Mach, I am on top of it, let me do my DD. I will post it as soon as it's done.[QUOTE]Originally posted by machtabow:
[B]Bentley Communications/Naked Short Squeeze Opportunity & Bonus Additional Encouraging Contracts and PR’s to be released soon.....
quote:
Originally posted by machtabow:
Mav... If you could post some charts... showing the MACD divergence... that would be great! Thanks. mach
Bentley Communications Corp. is a business-to-business, Internet e-commerce company that seeks to establish a new marketplace and distribution channel for worldwide barter and trade. Bentley is working towards becoming the online "market maker" for the barter industry
I just began doing my DD on BTLY. For starters here is my DD on technicals for 1 month and 10 days
on this stock. As you said, for the 1 month chart, we have an accumulation process going on here,
with a small uptrend pattern in the road for the MACD indicator soon to reach center line. The volume
also shows that this stock is about to be discovered, so this is a good time to load shares before more
public attention comes in. Also Stochastic shows that we are around oversold territory flashing us that
we are very near the floor here at this trading level.
BTLY. 1 month chart. MACD, DMI, SLOW STOCHASTIC.
Now if you look the 10 days chart, in an average close up, you can
notice the activity going on, accumulation, day after day at the base
floor for BTLY, you can notice now here the DMI small uptrend signal
along with the accumulation pattern, and Stochastic walking near
oversold territory so we are just floating very near above the floor.
BTLY. 10 days chart. MACD, DMI, SLOW STOCHASTIC.
Now I also found some interesting information about BTLY on
the name change you talk about.
Bentley Communications Corp. to Change Its Name
Bentley Communications Corp. to Change Its Name to Bentley Commerce Corp. and Obtain A New CUSIP Number, Effective January 12, 2004
Shareholders Urged to Exchange Stock Certificates
LOS ANGELES, CA, December 30, 2003 – Bentley Communications Corporation (OTCBB:BTLY), announced that it will change its name to Bentley Commerce Corp. and obtain a new CUSIP number, effective January 12, 2004. The Company’s shares will continue to be quoted on the OTCBB under the trading symbol “BTLY” and its website will be at wwww.bentleycommerce.com. The purpose of the name change is to more accurately reflect the company’s position as the emerging leader in the online barter and trade industry.
As part of Bentley’s name and CUSIP number change, all shareholders are urged to exchange stock certificates representing shares of common stock of the Company for new certificates. The name change was authorized at Bentley’s October 30, 2003 Annual Meeting of Shareholders. This action does not change or consolidate the issued and outstanding common stock of the company.
“Over the past six months, Bentley has successfully carried out a series of strategic initiatives to enter the barter and trade industry,” said Gordon Lee, Bentley’s chairman and CEO. “These include setting up its Bentley Crump Barter System subsidiary with a network of 180 independent local barter exchanges and about 50,000 merchants that trade through them; beginning our corporate trade division; as well as establishing trade exchanges for specific markets, such as for the
hospitality industry and for non-profit organizations; and most important, acquiring the North American rights to VirtualBarter 3.0, a comprehensive suite of trade exchange management applications that can enable exchanges to collaborate in a global online network that we feel will be far superior and larger than any prior exchange network.”
Stock Certificate Exchange Procedure:
Stockholders who have in their possession paper stock certificates should read and carefully complete the Letter of Transmittal provided by Bentley that will be available for download, online at www.bentleycompanies.com/investors. Stockholders can also obtain a copy of this letter by calling Bentley at 310-445-2599; by faxing a request to 310-445-2529; or mail to Bentley Communications Corp., 11301 Olympic Boulevard, Suite 680, Los Angeles, CA 90064, USA. The completed Letter of Transmittal, together with stock certificate(s), should be sent via an insured, traceable delivery service to the Company's exchange agent, Florida Atlantic Stock Transfer, Inc., located at 7130 Nob Hill Road, Tamarac, Florida, phone 954-726-4954. There is no need for stockholders to endorse the stock certificate, nor should they.
Stockholders who hold their shares in street name with a broker should confirm with their broker that the broker is including their name on the list of beneficial owners being submitted to the Company's exchange agent. These stockholders will not be required to take any further action, unless their broker tells them otherwise.
About Bentley Communications Corporation:
Bentley Communications Corp. is a business-to-business, Internet e-commerce company that seeks to establish a new marketplace and distribution channel for worldwide barter and trade. Bentley is working towards becoming the online "market maker" for the barter industry -- a neutral intermediary that brings together fragmented multiple groups of buyers and sellers online. Through the development of a seamlessly integrated family of online barter services, it envisions that most barter transactions can be handled 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.
Forward-Looking Statements:
With the exception of historical information, this news release and accompanying information may include forward-looking statements that involve a number of risks and uncertainties. Actual results could differ materially from those anticipated as a result of various risks. There are numerous factors that could contribute to such differences, therefore such projected events and anticipated results are not warranties or guaranties that such events will occur or that the Company will achieve such results. For more information about this corporation and risks involved in the investment of their publicly traded shares, please see the company's website(s), and/or documents filed with the SEC, which are easily accessible in the EDGAR database system.
Contact Information:
Bentley Communications Corporation
Bob Schumacher, 310-201-0800
bob@bentleycompanies.com www.bentleycompanies.com
I also found a last month hot PR on BTLY that show us how this industry is growing over time.
Bentley Communications Corp
$12 Billion Retail Barter Business Growing at 6% a Year
Friday December 19, 11:45 am ET
LOS ANGELES--(BUSINESS WIRE)--Dec. 19, 2003--Bentley Communications Corp. (OTCBB:BTLY - News):
Bentley Communications Corp. Capitalizes on Retail Barter by Enabling Its Network of 180 Independent Local Exchanges to Use Its Trade Exchange Management Software to Collaborate Within Its Online Global Trade Marketplace
Bentley Communications Corp. (OTCBB:BTLY - News), the emerging online leader in the trade and barter industry, reports that industry trade groups are showing a robust 6% growth in the $12 billion retail barter industry, driven by significant increases in the range of products and services available on barter, and the ability to provide businesses with an easy way to sell extra inventory, help when they are short on cash and expand sales.
A December 18 New York Times article on retail barter, "Shops Swap, and Keep Sales Coming," said "with its stigma as a poor man's business tool largely disappearing and the slow economy of the last few years attracting many new adherents, retail barter has been expanding by about 6 percent annually." The article, which featured local barter exchanges, cautioned about avoiding "the fatal flaw of the (prior) online barter companies" because "one reason the Internet may be slow to transform barter is that most exchanges are done locally." .........
Mach, based on this information i am going to load up and take a piece of the action, the general overview here
show us a good environment to grow in value. The chart bellow display very clearly this situation.
http://finance.yahoo.com/q/ta?s=BTLY.OB&t=3m&l=on&z=m&q=c&p=b,p&a=m26-12-9,ss,w14&c=
I am going to pick my shares, i like this move so I am in .
I am going to continue on my DD.
MAV.
[This message has been edited by Mav (edited January 06, 2004).]
BTLY -- Bentley Communications Corp.
Com ($0.001)
Company News and Press Releases From Other Sources:
Bentley Communications Corp. to Change Its Name to Bentley Commerce Corp. and Obtain A New CUSIP Number, Effective Jan. 12, 2004
Shareholders Urged to Exchange Stock Certificates
LOS ANGELES, Dec 30, 2003 (BUSINESS WIRE) -- Bentley Communications Corporation (OTCBB:BTLY) announced that it will change its name to Bentley Commerce Corp. and obtain a new CUSIP number, effective January 12, 2004. The Company's shares will continue to be quoted on the OTCBB under the trading symbol "BTLY" and its Web site will be at www.bentleycommerce.com. The purpose of the name change is to more accurately reflect the company's position as the emerging leader in the online barter and trade industry.
As part of Bentley's name and CUSIP number change, all shareholders are urged to exchange stock certificates representing shares of common stock of the Company for new certificates. The name change was authorized at Bentley's October 30, 2003 Annual Meeting of Shareholders. This action does not change or consolidate the issued and outstanding common stock of the company.
"Over the past six months, Bentley has successfully carried out a series of strategic initiatives to enter the barter and trade industry," said Gordon Lee, Bentley's chairman and CEO. "These include setting up its Bentley Crump Barter System subsidiary with a network of 180 independent local barter exchanges and about 50,000 merchants that trade through them; beginning our corporate trade division; as well as establishing trade exchanges for specific markets, such as for the hospitality industry and for non-profit organizations; and most important, acquiring the North American rights to VirtualBarter 3.0, a comprehensive suite of trade exchange management applications that can enable exchanges to collaborate in a global online network that we feel will be far superior and larger than any prior exchange network."
Stock Certificate Exchange Procedure:
Stockholders who have in their possession paper stock certificates should read and carefully complete the Letter of Transmittal provided by Bentley that will be available for download, online at http://www.bentleycompanies.com/investors. Stockholders can also obtain a copy of this letter by calling Bentley at 310-445-2599; by faxing a request to 310-445-2529; or mail to Bentley Communications Corp., 11301 Olympic Boulevard, Suite 680, Los Angeles, CA 90064, USA. The completed Letter of Transmittal, together with stock certificate(s), should be sent via an insured, traceable delivery service to the Company's exchange agent, Florida Atlantic Stock Transfer, Inc., located at 7130 Nob Hill Road, Tamarac, Florida, phone 954-726-4954. There is no need for stockholders to endorse the stock certificate, nor should they.
Stockholders who hold their shares in street name with a broker should confirm with their broker that the broker is including their name on the list of beneficial owners being submitted to the Company's exchange agent. These stockholders will not be required to take any further action, unless their broker tells them otherwise.
About Bentley Communications Corporation:
Bentley Communications Corp. is a business-to-business, Internet e-commerce company that seeks to establish a new marketplace and distribution channel for worldwide barter and trade. Bentley is working towards becoming the online "market maker" for the barter industry -- a neutral intermediary that brings together fragmented multiple groups of buyers and sellers online. Through the development of a seamlessly integrated family of online barter services, it envisions that most barter transactions can be handled 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.
Forward-Looking Statements:
With the exception of historical information, this news release and accompanying information may include forward-looking statements that involve a number of risks and uncertainties. Actual results could differ materially from those anticipated as a result of various risks. There are numerous factors that could contribute to such differences, therefore such projected events and anticipated results are not warranties or guaranties that such events will occur or that the Company will achieve such results. For more information about this corporation and risks involved in the investment of their publicly traded shares, please see the company's Web site(s), and/or documents filed with the SEC, which are easily accessible in the EDGAR database system.
SOURCE: Bentley Communications Corporation
CONTACT: Bentley Communications Corporation
Bob Schumacher, 310-201-0800
bob@bentleycompanies.com
www.bentleycompanies.com
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quote:
Originally posted by cabbage22:
The barter industy has a great outlook, I've had my eye on BTLY recently, charts do look good. I'll do some quick and dirty DD and see what I can findBentley Communications Corp. is a business-to-business, Internet e-commerce company that seeks to establish a new marketplace and distribution channel for worldwide barter and trade. Bentley is working towards becoming the online "market maker" for the barter industry
Since they are changing their name, we should expect to see the MM's covering their shorts correct?
And since the name change is Next Monday- wouldnt you say there is a good chance of a PR about this in the next few days?-
I have personally contacted Gordon Lee, President of BTLY on 1/05/2004. He stated that they have identified 1000 shareholders but believe with the name & Cusip # change they will be able to identify the remainder. Note the following PR release: Bentley Communications Corp. to Change Its Name to Bentley Commerce Corp. and Obtain A New CUSIP Number, Effective Jan. 12, 2004
quote:
Originally posted by machtabow:
Thanks Cabbage. I can tell you this much... I like what I'm seeing here. I spoke with the President yesterday. His phone was ringing off the hook, but he took the time to speak with me. He gave me insight that blew my mind away. I really think this company has astronomical potential. When people begin to realize that Barter is in fact a form of Alternative Financing... they will realize the potential. They have signed a huge contract. I can not disclose this here on this thread... but... It will be released very soon. And I was excited to learn about it! mach
quote:
Originally posted by cabbage22:
Hey Mach-Since they are changing their name, we should expect to see the MM's covering their shorts correct?
And since the name change is Next Monday- wouldnt you say there is a good chance of a PR about this in the next few days?-
I have personally contacted Gordon Lee, President of BTLY on 1/05/2004. He stated that they have identified 1000 shareholders but believe with the name & Cusip # change they will be able to identify the remainder. Note the following PR release: Bentley Communications Corp. to Change Its Name to Bentley Commerce Corp. and Obtain A New CUSIP Number, Effective Jan. 12, 2004
CUSIP number
A nine-character number that uniquely identifies a particular security. CUSIP is an acronym for the Committee on Uniform Securities and Identification Procedures, the standards body which created and maintains the classification system. Foreign securities have a similar number, called the CINS number.
Thanks again Guys
Chrissy
quote:
Originally posted by Mav:
Just some info about CUSIP.CUSIP number
A nine-character number that uniquely identifies a particular security. CUSIP is an acronym for the Committee on Uniform Securities and Identification Procedures, the standards body which created and maintains the classification system. Foreign securities have a similar number, called the CINS number.
quote:
Originally posted by Mav:
Just some info about CUSIP.CUSIP number
A nine-character number that uniquely identifies a particular security. CUSIP is an acronym for the Committee on Uniform Securities and Identification Procedures, the standards body which created and maintains the classification system. Foreign securities have a similar number, called the CINS number.
HISTORY on BTLY.
On 12/20/2002, BTLY signed a letter of intent to acquire Exchange Mall, a privately held company that operates two separate businesses; First National Information Network, & Exchange Mall. First National provides marketing, database, & lead generation services for a variety of clients, including a number of large brokerage firms. Exchange Mall operates an Internet Mall that provides services to enable online barter transactions. The proposed transaction is a stock swap whereby BTLY will acquire 100% of Exchange Mall.
The acquisition is a good step because Exchange Mall is a well-established company expected to generate profits this year. It moves BTLY from its developmental stage to being an established company with customers & revenues.
Mark Savoy, chairman & CEO of Exchange Mall stated at that time: "We are pleased with the proposed transaction with Bentley. As part of our long-term growth plan, we have been seeking the right partner to bring us into a public company."
On 12/23/2002, BTLY signed a letter of intent to acquire Millennium Exchange, Inc., a privately held company that owns 80% of BarterCardUSA. Millennium Exchange was launched in 2000 to pursue the rapidly growing barter market. BarterCardUSA was launched in 2001 to bring BarterCard's system to the USA. In April 2002, Millennium Exchange purchased 80% of BarterCardUSA & merged its barter members & operations into BarterCardUSA.
Millennium Exchange is a different, more exciting acquisition than the Exchange Mall acquisition announced a few days earlier. The combination of the two acquisitions will certainly catapult BTLY into a position of leadership in the U.S. barter industry. Millennium's BarterCardUSA business unit has over 2,000 businesses as members, & Millennium management believes BarterCardUSA membership will grow by 30% this year, by about 50% in 2004, & by an additional 50% in 2005. Management projects revenues of over $10 million by the end of 2005.
There are long-term strategic benefits due to the synergies between BarterCardUSA & Exchange Mall, & the lead generation capabilities of Exchange Mall's Financial National Information Network business unit can help accelerate the growth of these businesses, in addition to continuing to generate its own revenue stream.
quote:
Originally posted by chrissy_a:
Mach and Gang great posts on the potentialof this company.One question I currently own IBZT which is soaring at the moment the rest of my cash is tied on PGHI .Would this pick be a better play than IBZT ?
Mach email me if you have info which you would like me to have.Thanks again Guys
Chrissy
entry looks good to me.
what do you think after the name change mac or mav 2-3 cents up?
Thanks,
Email: tugsinav@hotmail.com
quote:
Originally posted by kitkatranchgirl:
great pick mac.
great techs mav.entry looks good to me.
what do you think after the name change mac or mav 2-3 cents up?
Bentley Communications Corporation to Target Iraqi Reconstruction with Barter and Trade Alliances
Monday December 15, 6:03 am ET
LOS ANGELES--(BUSINESS WIRE)--Dec. 15, 2003--Bentley Communications Corporation (OTCBB:BTLY - News), the emerging leader in the online barter industry, today announced that it is in discussions with several entities in the Middle East, including Iraq, that are interested in establishing a network of barter exchanges that plan to focus on providing alternative capital initiatives to companies that can provide goods and services targeting the reconstruction of Iraq.
ADVERTISEMENT
"With the recent capture of Saddam Hussein, the ensuing regional stabilization should accelerate the billions of dollars allocated for reconstruction efforts," said Gordon Lee, Bentley's chairman and CEO. "Barter can provide a means to enhance cash spending, or actually reduce cash requirements for reconstruction and other economic development, by providing alternative capital initiatives. Bentley, through its Bentley's Crump Barter Network, VirtualBarter software and Corporate Barter division, is positioning itself to capitalize on these initiatives."
"Historically many countries and governments, in addition to the private sector, utilize barter," continued Mr. Lee. "These transactions, that total about $650 billion annually, enable them to sell excess products or capacity at full price, in exchange for other products and services, rather than liquidating inventories at pennies on the dollar. Natural resources and excess capacity in Iraq and other Middle Eastern countries can be leveraged through barter transactions to pay for other required products and services that can be supplied by other countries or companies."
Bentley has already developed a strategic relationship with a new emerging trade exchange network in the Middle East that will be participating in its worldwide global network www.bentley.vbarter.com and use VirtualBarter software. This software is intended to eliminate barriers to trade by providing new multi-lingual, multi-currency trading for barter and trade exchanges, and their members worldwide. Other international exchanges, including one in Paris, France, will be using the software as part of Bentley's global marketplace.
With VirtualBarter, new developing trade exchanges that establish themselves in Iraq and other Middle Eastern countries will soon have a vast inventory of products and services available to them and their members, including about 50,000 members who trade through the largely North American based 180 trade exchanges that participate in Bentley's Crump Barter Network.
[This message has been edited by Moose (edited January 06, 2004).]
I've already owned this stock since before the share dividend - doubled my position today after taking a quick look.
Thanks!
quote:
Originally posted by kitkatranchgirl:
great pick mac.
great techs mav.entry looks good to me.
what do you think after the name change mac or mav 2-3 cents up?
The exchange of products and/or services without the use of money. also called exchange
quote:
Originally posted by STUG:
Guy, by the way...I am new and wonder what is "barter"? Could someone help?
Sorry for silly question, but I would like to know before get in...
Thanks.
quote:
Originally posted by STUG:
Mach, can you send me info too, thanx...
I wanna be in late today after quick DDEmail: tugsinav@hotmail.com
quote:
Originally posted by cndboy:
Hey Mach can you send me the info as well... duenna1@yahoo.com
Thanks,
quote:
Originally posted by adrenalix:
hey mach. i'm doing my dd on this one too. can you send me the info? adrenalix1@yahoo.com thanks.
anrservs@yahoo.com
quote:
Originally posted by GMG:
Mach, I would appreciate if you could also e-mail me with the info you have,gary@hqm.com. I have had this for about 1 1/2 months and I was thinking of getting rid of it. Thanks for your time.
quote:
Originally posted by machtabow:
Done. Thanks! mach
quote:
Originally posted by BetNitAll:
Mach, don't forget your good body here...sen it to me too pleaseanrservs@yahoo.com
SUMMARY
BTLY has progressed substantially since we last covered it in July 2002. It is applying its e-commerce Internet payment technology to a new, fast growth business. It added a strong management team with a great success record, & is making what we consider to be very sensible acquisitions.
On 2/19/2003, it announced the acquisitions of BartercardUSA (www.bartercardusa.com), as well as First National Information Network (www.fnin.com). Each will be a wholly owned subsidiary of BTLY.
Chairman Gordon Lee stated: "Both companies are cash flow positive & will continue aggressive growth as a result of going public, as well as increase shareholder value for us."
BartercardUSA holds the American licensing rights for Bartercard International which, as reflected in the * note above, is the world's largest business-to-business trade exchange. Its trade & barter franchises operate from about 120 offices in 15 countries, including such examples as Australia, Hong Kong, Malaysia, New Zealand, Sri Lanka, Thailand, United Kingdom, & several others -- & since April 2002, of course, the USA Singapore has just been added, Mexico & Canada are expected to be added this year, & others are pending – 20 are expected by 2005. In the 15 countries, Bartercard has over 70,000 member-businesses, & that number is expanding by about 20% each year. That base provides the largest captive market in this worldwide industry. The parent company, established in 1991 as an electronic, computerized marketplace for barter transactions, generated more than $1.2 billion in trade in 2002, & had over $50 million in earnings in 2002. Lee stated: "Many analysts agree that the U.S. alone is capable of eclipsing these numbers."
BartercardUSA already has offices in Arrowhead/Big Bear, Baltimore, Bel Air (MD), Boise (ID), Chatsworth, El Cajon, Fresno, Hollywood/Los Angeles, Houston, Las Vegas, Orange, Palm Springs, Redlands, San Diego, San Jose, Sarasota (FL), Temecula, & Ventura. It has more than 2,000 member businesses. Projected growth is to over 20,000 member businesses by 2005. BartercardUSA makes a significant cash override on every transaction. Gordon Lee commented: "Bentley is in the process of equipping BartercardUSA with a payment system similar to Visa or MasterCard. For the first time in the trade & barter industry in the U.S., each trade/barter transaction will be settled at the point of sale. Now all barter credits & fees can be transferred immediately, rather than `waiting for the mail,' so to speak."
The second acquisition -- First National Information Network (FNIN) -- is a teleservices company founded in 1992 focused primarily on lead generation for American business. It provides full comprehensive demographics on every lead. Over 100,000 survey calls per week are made to identify an average of 3,000 pre-qualified participants who meet strict standards. This service currently generates over $50,000 per week in gross revenues.
Before the set of acquisitions now being completed, BTLY's focus was on the implementation of such e-commerce services as Internet payments via ATM cards as well as barter & financial transactions of all types. The application of its system will provide heightened security to the consumer & provide instantaneous transaction credits to the merchant, whether it is a cash or trade transaction, or a blend of the two. BTLY provides payment solutions for any company on or off line. It is in the process of transforming BartercardUSA to a completely automated payment system. For the first time in the trade & barter industry in the U.S., each trade/barter transaction will be settled at the point of sale.
Thanks... you know I read this... It makes total sense. As investors become more aware of barter and how its changing traditional financial transactions around the world it makes sense. Iraq is the perfect place right now for this company. mach
quote:
Originally posted by Moose:
found this interesting, could be lots of money in Iraq these coming months/yearsBentley Communications Corporation to Target Iraqi Reconstruction with Barter and Trade Alliances
Monday December 15, 6:03 am ET
LOS ANGELES--(BUSINESS WIRE)--Dec. 15, 2003--Bentley Communications Corporation (OTCBB:BTLY - News), the emerging leader in the online barter industry, today announced that it is in discussions with several entities in the Middle East, including Iraq, that are interested in establishing a network of barter exchanges that plan to focus on providing alternative capital initiatives to companies that can provide goods and services targeting the reconstruction of Iraq.
ADVERTISEMENT
"With the recent capture of Saddam Hussein, the ensuing regional stabilization should accelerate the billions of dollars allocated for reconstruction efforts," said Gordon Lee, Bentley's chairman and CEO. "Barter can provide a means to enhance cash spending, or actually reduce cash requirements for reconstruction and other economic development, by providing alternative capital initiatives. Bentley, through its Bentley's Crump Barter Network, VirtualBarter software and Corporate Barter division, is positioning itself to capitalize on these initiatives.""Historically many countries and governments, in addition to the private sector, utilize barter," continued Mr. Lee. "These transactions, that total about $650 billion annually, enable them to sell excess products or capacity at full price, in exchange for other products and services, rather than liquidating inventories at pennies on the dollar. Natural resources and excess capacity in Iraq and other Middle Eastern countries can be leveraged through barter transactions to pay for other required products and services that can be supplied by other countries or companies."
Bentley has already developed a strategic relationship with a new emerging trade exchange network in the Middle East that will be participating in its worldwide global network www.bentley.vbarter.com and use VirtualBarter software. This software is intended to eliminate barriers to trade by providing new multi-lingual, multi-currency trading for barter and trade exchanges, and their members worldwide. Other international exchanges, including one in Paris, France, will be using the software as part of Bentley's global marketplace.
With VirtualBarter, new developing trade exchanges that establish themselves in Iraq and other Middle Eastern countries will soon have a vast inventory of products and services available to them and their members, including about 50,000 members who trade through the largely North American based 180 trade exchanges that participate in Bentley's Crump Barter Network.
[This message has been edited by Moose (edited January 06, 2004).]
quote:
Originally posted by GMG:
Mach, I would appreciate if you could also e-mail me with the info you have,gary@hqm.com. I have had this for about 1 1/2 months and I was thinking of getting rid of it. Thanks for your time.
Thanks.
Walt
"The revolutionary FNIN survey is the key to its success. The state-of-the-art predictive dialing system allows live representatives to speak to a person every 30 seconds. The current repeat order rate from clients such as major brokerage firms confirms that FNIN leads are the best `investor' leads found anywhere." FNIN did over $1.5 million in gross revenue in 2002, & management expects it to eclipse $10 million by the close of 2005.
quote:
Originally posted by newstockpicker:
Getting here a little late ... can you please send it to me too Mach?Thanks.
Walt
I'm think I'm definitly gonna play this for the symbol change, since from what I've seen huge gains can be made the days before, of, and after the change. But I think there are some great long term possibilities for this company, I'll for sure hold onto some freeshares after monday the 12th.
COMMENTS ON BARTER
Barter, as used by businesses, is an exciting idea. It began in ancient times & has now been revived & adapted to our modern economy. Bartering allows businesses to generate new business, convert excess inventory or capacity into needed goods or services, conserve cash, accelerate accounts receivable, & get an edge over non-barter competition.
Barter, especially business-to-business barter, offers important benefits to the businesses that take advantage of it. Some of the applications of barter include debt recovery, paying creditors, & generating sales that the business would not have ordinarily obtained.
Trading products or services allows a business owner or operator to acquire other products & services at the wholesale cost of one's own products or services. This special purchasing power, achieved only by using barter transactions, provides exceptional leverage. Let's look at an example. Let's assume you sell flowers, & your wholesale cost is half of your retail selling price. You effectively acquire each barter dollar for a cash outlay of $0.50. You could look at it this way: When you buy something using those barter dollars, you are paying half price for what you are buying.
If the business owner operates a hotel, there may be an additional benefit. A hotel room that isn't utilized for a night constitutes a value that is lost forever. Barter is an effective way to gain value from something that might otherwise be made worthless.
Barter offers a way to gain a customer who would not have tried your product or service if the full price had to be paid in cash. He or she may well try your product or service when they can pay in barter dollars. Actually, a member will seek out opportunities to do business with a business that accepts barter dollars. We here at **************** have been using barter dollars for some time, & really appreciate the convenience afforded.
The CEO explained to me the company and concept in detail. It was a great conversation. I was very enlightened. He stated that i needed to look at barter as a form of financing/alternative financing that many companies are using. He gave me several examples... and finally when he was done educating me... I was very excited about the opportunity here! mach
quote:
Originally posted by Moose:
Just my thoughts...I'm think I'm definitly gonna play this for the symbol change, since from what I've seen huge gains can be made the days before, of, and after the change. But I think there are some great long term possibilities for this company, I'll for sure hold onto some freeshares after monday the 12th.
mach
quote:
Originally posted by Mav:
Mach, look what i found, i just keep reading and like it more...COMMENTS ON BARTER
Barter, as used by businesses, is an exciting idea. It began in ancient times & has now been revived & adapted to our modern economy. Bartering allows businesses to generate new business, convert excess inventory or capacity into needed goods or services, conserve cash, accelerate accounts receivable, & get an edge over non-barter competition.
Barter, especially business-to-business barter, offers important benefits to the businesses that take advantage of it. Some of the applications of barter include debt recovery, paying creditors, & generating sales that the business would not have ordinarily obtained.
Trading products or services allows a business owner or operator to acquire other products & services at the wholesale cost of one's own products or services. This special purchasing power, achieved only by using barter transactions, provides exceptional leverage. Let's look at an example. Let's assume you sell flowers, & your wholesale cost is half of your retail selling price. You effectively acquire each barter dollar for a cash outlay of $0.50. You could look at it this way: When you buy something using those barter dollars, you are paying half price for what you are buying.
If the business owner operates a hotel, there may be an additional benefit. A hotel room that isn't utilized for a night constitutes a value that is lost forever. Barter is an effective way to gain value from something that might otherwise be made worthless.
Barter offers a way to gain a customer who would not have tried your product or service if the full price had to be paid in cash. He or she may well try your product or service when they can pay in barter dollars. Actually, a member will seek out opportunities to do business with a business that accepts barter dollars. We here at **************** have been using barter dollars for some time, & really appreciate the convenience afforded.
Take Care! mach
quote:
Originally posted by PSU90:
Nice hammer candle formation today....bullish sign. Here is a link.....maybe Cabbage can do his magic later and put the chart in the thread! LOL!
daclyyay[db][pd20,2!c4,9][vc60][iLh66,5,3!La12,26,9]&pref=G]http://stockcharts.com/def/servlet/SC.web?c=btly,uu[m,a]dac lyyay[db][pd20,2!c4,9][vc60][iLh66,5,3!La12,26,9]&pref=G
[This message has been edited by kt325ci (edited January 06, 2004).]
[This message has been edited by kt325ci (edited January 06, 2004).]
quote:
Originally posted by FiftyCent:
does anyone know what the symbol is being changed too????
quote:
Originally posted by PSU90:
Nice hammer candle formation today....bullish sign. Here is a link.....maybe Cabbage can do his magic later and put the chart in the thread! LOL!
daclyyay[db][pd20,2!c4,9][vc60][iLh66,5,3!La12,26,9]&pref=G]http://stockcharts.com/def/servlet/SC.web?c=btly,uu[m,a]dac lyyay[db][pd20,2!c4,9][vc60][iLh66,5,3!La12,26,9]&pref=G
quote:
Originally posted by cabbage22:
I will post my take on the techs, just let me recover from the seizure I had from IBZT today. Up almost 130%, now I'm floating on free shares-
quote:
Originally posted by machtabow:
Yes... you can see the MACD positive divergence as well. As the price was consolidating the MACD has been rising... when it crosses 0.00 which will happen soon... the stock will become very Bullish!Take Care! mach
quote:
Originally posted by Anna:
I'm in with a very small 20000 to start with. I'll have to wait for funds to become settled from the IBZT bonanza.
quote:
Originally posted by machtabow:
CEO told me that the Cusip and name will change... but will keep the same symbol. The Cusip number is the key identifier. Take care. mach
quote:
Originally posted by Moose:
Mach...does this mean MM's will have to cover shorts or not, a little confused now....
quote:
Originally posted by machtabow:
Wow! Sounds like IBZT is ******g and rolling. Glad you were successful there Anna. It's nice to find a good ride like that once in a while! Take care! mach
------------------
Ski
MARKET
Today, more than 500,000 businesses engage in bartering. They include such well known companies as Hilton, Mattel, McDonnell Douglas, Pepsi Cola, Ramada Inns, & Xerox. The diversity of businesses that participate is wide. Here's just a sampling of some of the categories: accountants, advertising, air conditioning, airlines, architects, art galleries, attorneys, auto repair, barbers, beauty salons, boat rental, builders, caterers, cheese, clothing, dentists, doctors, education, entertainment, flooring, food, furniture, golf, hotels, jewelry, landscaping, limousine service, nutrition/vitamins, office equipment, printing, pet care, photography, pool service, PR, resorts, restaurants, security
services, sport fishing, storage, telemarketing, vacations, watches, wedding receptions, & a very wide selection of other stores, services, etc., etc., etc.
According to the International Reciprocal Trade Association (IRTA), barter volume of the 500,000 businesses is $13.5 billion, up from 240,000 firms doing $5.9 billion in 1991. Based on current trends, IRTA predicts that 1.5 million firms will be engaged in barter in North America within 10 years, & IRTA expects the number of clients of barter companies to double over the next five years & to double again in the following five years.
IRTA foresees average trade volume per trade exchange client doubling from about $3,500 today to $7,000 by 2005. IRTA says this estimate is in real terms, not considering inflation, which if included would raise the growth even more. Albert Einstein made an interesting comment (Time's "Person of the Century") -- If I had my life to live all over again, I would elect to be a trader of goods rather than a student of sciences -- I think barter is a noble thing. I need to know much more about it."
Bollinger Bands- Tightening, shows the stock has consolidated, price has been moving towards the upper bollinger band - BULLISH
MACD- Fast line has been sitting on the slow line for a while, also shows consolidation, Fast has crossed over the slow line, showing an upward trend- BULLISH
Slow Stokes- 50 moving upwards. Showing the stock is in a healthy pattern and under accumulation- BULLISH
EMA's- Price has crossed 8 day EMA- BULLISH, Price is just under 40 day EMA and about to cross- VERY BULLISH
_______________________________________
Other Factors to Consider:
Company Name Change- the company is changing their name from Bentley Communications to Bentley Commerce. This will stop people from naked shorting, since all shorts need to be COVERED before the name change and will put buying pressure on the stock.
Hot Industry- Bentley Communications Corp. (OTCBB:BTLY - News), the emerging online leader in the trade and barter industry, reports that industry trade groups are showing a robust 6% growth in the $12 billion retail barter industry, driven by significant increases in the range of products and services available on barter, and the ability to provide businesses with an easy way to sell extra inventory, help when they are short on cash and expand sales.
Another point to make about Barter- it helps a lot of global corporations avoid the issue of currency conversion, and currency risk- that is why many companies are starting to move to barter. Keep in mind the USD keeps hitting new lows against the Euro- its much easier and cost effective for a US company to barter than pay cash for assets or services.
As always... great follow through. Your tech analysis is outstanding as usual. I further like your elaboration of the barter industry as a whole. Thanks for your enlightenment. mach
quote:
Originally posted by cabbage22:
I also like the fact that the stock is in a general long term uptrend, probably because of the industry that its in.Another point to make about Barter- it helps a lot of global corporations avoid the issue of currency conversion, and currency risk- that is why many companies are starting to move to barter. Keep in mind the USD keeps hitting new lows against the Euro- its much easier and cost effective for a US company to barter than pay cash for assets or services.
quote:
Originally posted by cabbage22:
[b]Technical Analysis
Bollinger Bands- Tightening, shows the stock has consolidated, price has been moving towards the upper bollinger band - BULLISH
MACD- Fast line has been sitting on the slow line for a while, also shows consolidation, Fast has crossed over the slow line, showing an upward trend- BULLISH
Slow Stokes- 50 moving upwards. Showing the stock is in a healthy pattern and under accumulation- BULLISH
EMA's- Price has crossed 8 day EMA- BULLISH, Price is just under 40 day EMA and about to cross- VERY BULLISH
_______________________________________
Other Factors to Consider:
Company Name Change- the company is changing their name from Bentley Communications to Bentley Commerce. This will stop people from naked shorting, since all shorts need to be COVERED before the name change and will put buying pressure on the stock.
Hot Industry- Bentley Communications Corp. (OTCBB:BTLY - News), the emerging online leader in the trade and barter industry, reports that industry trade groups are showing a robust 6% growth in the $12 billion retail barter industry, driven by significant increases in the range of products and services available on barter, and the ability to provide businesses with an easy way to sell extra inventory, help when they are short on cash and expand sales.[/B]
What Is Naked Short Selling?
Naked short selling takes place when shares of a public company are sold short and the borrowing of shares to legitimize a real short position is not executed. The result is that the shares sold "naked short" are never delivered by the seller, and shares are not borrowed to provide affirmative determination, and the seller collects money for the stock in three business days. Not borrowing shares pursuant to a short sale turns the transaction into a naked short sale.
quote:
Originally posted by machtabow:
Yes. The cusip number is the actual identifer(tag) of the stock. They will have to cover. The goal here and as noted by the December 30th PR is to identify physical shareholders... thus eliminated naked shorts. Isn't that great! Ive read several articles. BTLY is one of over 106 companies doing battle with these MM tactics. Take care! mach
[This message has been edited by Mav (edited January 06, 2004).]
thanks, dz
Good find my friend!This is just another example of how our future is changing.Even some of the oldest forms of doing business is at the forefront of today's technology.
Have been accumulating and will continue to do so.
TRSTURGUT-18
great business, midevil (sp?) idea, unlimited potential?
i am not a tech man, but i thought that i would give you an example of how this stuff works.
I checked money flow, which has been positive since that last bottom- again great work Mav, you have a lot of tech experience and it shows!
Tommy I know you're lurking- are you the guy that can give us a more defined read on the EMA's? Or was it PSU, still hemmoraging from IBZT, oh my head!
quote:
Originally posted by Mav:
Mach, I have been looking at the BTLY chart and I think i found a triple bottom area around 0.023 forming a floor there. Could you please help me here or Cabbage to check if this is right ?. Bellow you have a chart. Thank you.
[QUOTE]Originally posted by cabbage22:
[B]You're right on target Mav- good tech analysis....
I guess that I started a new kind of trading frenzy by posting that stocks changing their symbols will run up because of the MM's having to cover all naked shorts! 
Good job here guys, 2004 will be a great year for all of us!
Tommy
Frequently Asked Questions
COMMON QUESTIONS ABOUT BARTER
Q: What is Barter?
A: Barter is a system that allows you to purchase what you need and in turn pay for it with products or services you have -- without using your precious greenbacks.
Q: How can my business profit from bartering?
A: Bartering adds business to your cash sales and gets you goods and services through trade.
Q: What can I buy with trade dollars?
A: Hundreds of goods and services. Trade all over the country.
Q: What does a trade company do?
A: Continuously seeks more companies to trade with, keeps records, provides monthly statements, etc.
Q: Can I barter with anyone outside of the city or state?
A: Of course you can. Trade all over the country.
Q: How big is the trade industry?
A: Barter / trade is $20 billion a year industry ... and growing!
[This message has been edited by Mav (edited January 06, 2004).]
Frequently Asked Questions
COMMON QUESTIONS ABOUT BARTER
this company sounds alot bigger that the one that held the litte rock market. that is Arkansas for you city boys. it is definetly a stupendous idea, especially if it can be more than a local icon.
quote:
Originally posted by BetNitAll:
******g
******g
******g
******g
rokcing
You certainly caught my attention. That's always on top of my list now when doing research! Thanks! January 12 is not tooo far away at all! mach
quote:
Originally posted by tommy:
Hehe guys, don't forget about PGHI!I guess that I started a new kind of trading frenzy by posting that stocks changing their symbols will run up because of the MM's having to cover all naked shorts!
Tommy
quote:
Originally posted by nitroburn:
I think this might be a good one to start off the 1,000 to 100,000 picks. How many have already bought?
Thanks for the message! Yes, as I said... its on my list. I have seen so many stocks explode with the cusip changes that I had to jump on here. Only a few trading days away. But keep in mind. Much more big news to support a big upward move by BTLY is coming! mach
quote:
Originally posted by denzen:
Congrats Mach, another good find!
I'm in for 19000, tried to pick up another 21000 before the bell, but just missed. Order is in for tomorrow.
I could live off these cusip changes. Is there a way to find companies that have applied for a change?thanks, dz
quote:
Originally posted by Mav:
Mach, I have been looking at the BTLY chart and I think i found a triple bottom area around 0.023 forming a floor there. Could you please help me here or Cabbage to check if this is right ?. Bellow you have a chart. Thank you.
This industry is huge as you said! Glad to see you have been accumulating. Go PGHI and BTLY! mach
About the Barter Industry:
The International Reciprocal Trade Association estimates that in the U.S. alone, over 470,000 companies actively participate in barter for a total of over $12 billion in annual sales, with retail barter expanding by about 6 percent annually, according to the National Association of Trade Exchanges. Over 65% of the corporations listed on the New York Stock Exchange are presently using barter to reduce surplus inventory, bolster sales and ensure that production facilities run at near capacity. Corporate barter is already a growing $20 billion worldwide industry. The US Department of Commerce estimates that Countertrade, used by multi-national companies and governments to trade excess products and production capacity for other needed products, totals over $600 billion annually.
quote:
Originally posted by TRSTURGUT-18:
MACH,Good find my friend!This is just another example of how our future is changing.Even some of the oldest forms of doing business is at the forefront of today's technology.
Have been accumulating and will continue to do so.TRSTURGUT-18
quote:
Originally posted by stockguy04:
what do u think a good entry point is?
quote:
Originally posted by nitroburn:
Even if this doesn’t work for the 1K-100K pick, all of this DD has gotten me too excited to pass it up. Thanks for all the excellent DD that is done on this board.
quote:
Originally posted by stockguy04:
just found out that a new website is coming out from BTLY ... www.barterdollar.com.... that is supposed to be one of its best offers yet... kinda sounds like pghi.. new site new name... if u missed out the early pghi stage.. u mite wanna get in this early to seek substantial gains
quote:
Originally posted by nitroburn:
I've been wondering what the next PGHI might be and this might be.
quote:
Originally posted by machtabow:
I think you might be right... The Bull has been sleeping here for awhile. I've been researching a lot of stocks. Huge potential here! mach
quote:
Originally posted by stockguy04:
check your mail mach
Key Executives
Gordon Lee is chairman and CEO of Bentley Communications Corporation. He was CEO and CFO of Bentley since March 1999. He has been involved with emerging growth companies in the private and public arena for more than 20 years. He was founder, and former chairman of USA Video, which introduced the world to video on-demand. Today, USA Video is an international developer and supplier of high-tech Internet streaming video and video-on-demand services, systems, and innovative end-to-end solutions. In 1993, he founded Future Media Technologies. a pioneer in digitized & compressed video. It is the first company whose standard for picture quality met the criteria demanded by Paramount Pictures, Warner Bros. and other leading studios. It gained the rights to digitize and compress these firms' enormous film libraries. In 1998 he briefly entered the public safety sector, working on the refinement of a bullet-resistant glass coating for cars and office buildings. This technology was sold off for commercial development and resulted in a standard option on nearly all new European cars, including BMW & Mercedes. In 1999, he founded Startek.com, that enable wireless high-speed Internet access. He launched Bentley Communications Corporation to facilitate e-commerce and alternative commerce on a global scale, focusing on business-to-business applications.
quote:
Originally posted by PSU90:
Ok....here's the obvious DD site that we all seem to have overlooked posting a link to....the company's own website! LOL!
http://www.bentleycompanies.com/
quote:
Originally posted by stockguy04:
just found out that a new website is coming out from BTLY ... www.barterdollar.com.... that is supposed to be one of its best offers yet... kinda sounds like pghi.. new site new name... if u missed out the early pghi stage.. u mite wanna get in this early to seek substantial gains
quote:
Originally posted by PSU90:
Ok....here's the obvious DD site that we all seem to have overlooked posting a link to....the company's own website! LOL!
http://www.bentleycompanies.com/
quote:
Originally posted by PSU90:
From the website....about the CEO. Impressive resume!Key Executives
Gordon Lee is chairman and CEO of Bentley Communications Corporation. He was CEO and CFO of Bentley since March 1999. He has been involved with emerging growth companies in the private and public arena for more than 20 years. He was founder, and former chairman of USA Video, which introduced the world to video on-demand. Today, USA Video is an international developer and supplier of high-tech Internet streaming video and video-on-demand services, systems, and innovative end-to-end solutions. In 1993, he founded Future Media Technologies. a pioneer in digitized & compressed video. It is the first company whose standard for picture quality met the criteria demanded by Paramount Pictures, Warner Bros. and other leading studios. It gained the rights to digitize and compress these firms' enormous film libraries. In 1998 he briefly entered the public safety sector, working on the refinement of a bullet-resistant glass coating for cars and office buildings. This technology was sold off for commercial development and resulted in a standard option on nearly all new European cars, including BMW & Mercedes. In 1999, he founded Startek.com, that enable wireless high-speed Internet access. He launched Bentley Communications Corporation to facilitate e-commerce and alternative commerce on a global scale, focusing on business-to-business applications.
Den
PSU
quote:
Originally posted by stockguy04:
does anyone here currently own any position in this stock? if so how much
quote:
Originally posted by stockguy04:
does anyone here currently own any position in this stock? if so how much
quote:
Originally posted by nitroburn:
I will pick up at least 30,000 tomorrow, but I wish we could pick this for the 1-100k board because I'm keeping an extra $1000 free for that.
quote:
Originally posted by denjohn1000:
Well I have to admit this might be a very good pick. Chart looks good and the web site looks awesome too.Den
Den
quote:
Originally posted by denjohn1000:
Mach, are you getting back into AFRR?
Personally, I think it looks really good at its current level.Den
I agree, the PGHI website will be a HUGE improvement when it changes. That sample page we saw a few weeks ago (link no longer works - I'm not sure we were supposed to be able to see that!) was very nice.
quote:
Originally posted by machtabow:
Good job PSU... I have to say it... It looks a little beter than PGHI's current site... just a quick thought. No meaning... i know PGHI will be awesome soon! Very professional! mach
quote:
Originally posted by PSU90:
Thanks Mach....been sitting here for 45 minutes now reading from the website. It is nicely done!I agree, the PGHI website will be a HUGE improvement when it changes. That sample page we saw a few weeks ago (link no longer works - I'm not sure we were supposed to be able to see that!) was very nice.
The amount of info assembled here in just 1/2 of a day is amazing! You'd think somebody would have found a glaring negative by now (other than its a penny stock - we already know that risk level).
Here's hoping that our collective research has uncovered another winner!
The commercial barter industry (trade exchanges and corporate barter companies) in the U.S. is responsible for approximately $1.5 billion of aggregate business for their clients, while the advertising business is 200 times as large.
So I found it interesting to compare this past week's attendance at the annual convention staged by the National Association of Trade Exchanges (NATE) in Atlanta, to that of the annual meeting by the American Association of Advertising Agencies (AAAA) held the same week in New Orleans.
NATE drew 125, up from 83 last year. AAAA saw 243, fifty fewer. Comparing industries is similar to comparing "apples" and "oranges," but in fact, providing services to a client remains the goal of both.
And what's obvious is the potential ubiquitousness of barter, relatively untapped considering its possibilities, versus the ad industry's future growth which appears caught in a zero-sum game. Ad budgets leveling off, and new ad business (growth), often comes down to taking clients from one another.
Barter's use, as a business tool, far exceeds that of the commercial barter industry. In fact, in a pie chart, the commercial barter industry's multi-lateral services would appear to be a small sliver in the overall picture.
Bilateral trading, one-to-one, is much greater. For instance over $30 billion of real estate "1031" tax-deferred real estate exchanges occur every year, and the airline industry's 10 trillion airlines miles (valued at 2¢ each) have created a $200 billion trading currency...to cite just two examples.
With few exceptions, the commercial barter industry doesn't totally comprehend the potential magnitude of additional business that will come their way when network infrastructures expand, mature, and deepen with successful penetration into the greater business community.
One of the goals of the industry should be adopting a Bill Gates-like mantra. Microsoft's founder's vision was to see a computer on every desk and in every home. The barter industry's mantra should be to have an educated, competent barter person in every company.
...besides current and back issues there, and signing up for free newsletter, check the links to Industry organizations IRTA/NATE etc...
Bentley ,and Acquired or aligned Crump Barter and IntertradeCapital etc and related BTLY Execs Joe Crump and Bruce Kamm have often been positively covered over their many years of Industry experience!
Also see the Bentley website:
http://www.BentleyCommerce.com
from there check out the proprietary industry changing Barter Software and system of acquired VirtualBarter...links within...
Great hunting...Bag a Prize Bull Stock...BTLY...happy and prosperous New Year!
machOne of the goals of the industry should be adopting a Bill Gates-like mantra. Microsoft's founder's vision was to see a computer on every desk and in every home. The barter industry's mantra should be to have an educated, competent barter person in every company.
quote:
Originally posted by Mav:
Here is more information from my DD, take a look...The commercial barter industry (trade exchanges and corporate barter companies) in the U.S. is responsible for approximately $1.5 billion of aggregate business for their clients, while the advertising business is 200 times as large.
So I found it interesting to compare this past week's attendance at the annual convention staged by the National Association of Trade Exchanges (NATE) in Atlanta, to that of the annual meeting by the American Association of Advertising Agencies (AAAA) held the same week in New Orleans.NATE drew 125, up from 83 last year. AAAA saw 243, fifty fewer. Comparing industries is similar to comparing "apples" and "oranges," but in fact, providing services to a client remains the goal of both.
And what's obvious is the potential ubiquitousness of barter, relatively untapped considering its possibilities, versus the ad industry's future growth which appears caught in a zero-sum game. Ad budgets leveling off, and new ad business (growth), often comes down to taking clients from one another.
Barter's use, as a business tool, far exceeds that of the commercial barter industry. In fact, in a pie chart, the commercial barter industry's multi-lateral services would appear to be a small sliver in the overall picture.
Bilateral trading, one-to-one, is much greater. For instance over $30 billion of real estate "1031" tax-deferred real estate exchanges occur every year, and the airline industry's 10 trillion airlines miles (valued at 2¢ each) have created a $200 billion trading currency...to cite just two examples.
With few exceptions, the commercial barter industry doesn't totally comprehend the potential magnitude of additional business that will come their way when network infrastructures expand, mature, and deepen with successful penetration into the greater business community.
One of the goals of the industry should be adopting a Bill Gates-like mantra. Microsoft's founder's vision was to see a computer on every desk and in every home. The barter industry's mantra should be to have an educated, competent barter person in every company.
*** Future's so Bright ***
mach
quote:
Originally posted by dog-n-pony-show:
Much great DD avail on the Barter Industry and related facts, figures, concepts etc etc here:
http://www.BarterNews.com...besides current and back issues there, and signing up for free newsletter, check the links to Industry organizations IRTA/NATE etc...
Bentley ,and Acquired or aligned Crump Barter and IntertradeCapital etc and related BTLY Execs Joe Crump and Bruce Kamm have often been positively covered over their many years of Industry experience!
Also see the Bentley website:
http://www.BentleyCommerce.comfrom there check out the proprietary industry changing Barter Software and system of acquired VirtualBarter...links within...
Great hunting...Bag a Prize Bull Stock...BTLY...happy and prosperous New Year!
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.
Bruce Kamm CTB 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).
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 PSU90:
Here are the rest of the key executives resumes from the website: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.
Bruce Kamm CTB 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).
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.
I've had BTLY in my portfolio since October, and I see this as a great time to load more. I'm going to shift some of my IBZT money into BTLY hopefully tomorrow, just hope I can get in at .027 .028 by the looks of the buys at the close.
quote:
Originally posted by machtabow:
As I said Mav... Barter is big and will be much bigger soon! This can save companies hundreds of thousands of dollars on the bottom line. Im sue we will see a few good examples coming very soon from BTLYOne of the goals of the industry should be adopting a Bill Gates-like mantra. Microsoft's founder's vision was to see a computer on every desk and in every home. The barter industry's mantra should be to have an educated, competent barter person in every company.
quote:
Originally posted by cabbage22:
when you search "Online Barter Industry" Bentley comes up first! Thats a great sign!
[QUOTE]Originally posted by PSU90:
[B]Here are the rest of the key executives resumes from the website:
The Move to Online Barter
According to The International Reciprocal Trade Association (IRTA), 60% of NYSE corporations engage in barter. The National Association of Trade Exchanges (NATE) estimates that 65% of Fortune 500 corporations are actively engaged in some form of reciprocal trade.
quote:
Originally posted by cabbage22:
when you search "Online Barter Industry" Bentley comes up first! Thats a great sign!
quote:
Originally posted by Mav:
By the way, I wanted to share with you the last 10 trades of the day.
16:00:29 0.027 15000 OTCBB at Ask
16:00:28 0.027 20000 OTCBB at Ask
16:00:18 0.027 20000 OTCBB at Ask
15:59:53 0.027 31000 OTCBB at Ask
15:59:47 0.027 30000 OTCBB at Ask
15:59:32 0.027 80000 OTCBB at Ask
15:59:23 0.026 75000 OTCBB
15:58:59 0.026 5000 OTCBB
15:58:43 0.026 5000 OTCBB
15:58:23 0.027 6000 OTCBB
Again, thanks everyone for the amazing DD.
quote:
Originally posted by machtabow:
Mav, Thanks for this. Almost missed it. Thats a pretty bullish close. Looks like we will start moving up into 1/12/2004!!!!!!! mach
quote:
Originally posted by diamond:
Looks like another great pick, MACH!! Count me in!!
BTW, according to BTLY's last 10-QSB in November the O/S was 349,490,764 and float was 143,602,877
This is not a lot for an OTCBB company. It's also an important factor when you consider this type of play.
Got the boat loaded with PGHI but I'll be adding this beauty tomorrow.
Thanks for the great DD on this today TEAM.
Gotta love it!
*** Future's so Bright ***
Take care.
mach
nitroburn@alaska.com
Thanks mach
Thanks, Den
-------
MARKET
Today, more than 500,000 businesses engage in bartering. They include such well known companies as Hilton, Mattel, McDonnell Douglas, Pepsi Cola, Ramada Inns, & Xerox. The diversity of businesses that participate is wide. Here's just a sampling of some of the categories: accountants, advertising, air conditioning, airlines, architects, art galleries, attorneys, auto repair, barbers, beauty salons, boat rental, builders, caterers, cheese, clothing, dentists, doctors, education, entertainment, flooring, food, furniture, golf, hotels, jewelry, landscaping, limousine service, nutrition/vitamins, office equipment, printing, pet care, photography, pool service, PR, resorts, restaurants, security services, sport fishing, storage, telemarketing, vacations, watches, wedding receptions, & a very wide selection of other stores, services, etc., etc., etc.
According to the International Reciprocal Trade Association (IRTA), barter volume of the 500,000 businesses is $13.5 billion, up from 240,000 firms doing $5.9 billion in 1991. Based on current trends, IRTA predicts that 1.5 million firms will be engaged in barter in North America within 10 years, & IRTA expects the number of clients of barter companies to double over the next five years & to double again in the following five years.
IRTA foresees average trade volume per trade exchange client doubling from about $3,500 today to $7,000 by 2005. IRTA says this estimate is in real terms, not considering inflation, which if included would raise the growth even more.
Barter has many real advantages for businesses -- one you may not think of at first is the fact that in a barter transaction, there are no accounts receivable, & therefore no bad debt possible. We appreciate barter's ability to profitably get rid of excess inventory, penetrate new markets, & expand sales while avoiding costly writeoffs, maintaining working capital, increasing cash flow, & reducing the need to borrow. Those advantages translate to increased profits.
-------
edit: article date is March 2003
[This message has been edited by Moose (edited January 07, 2004).]
Bentley plans for BarterDollars.com to provide an integrated ecommerce payment system that independent barter exchanges can use for transactions with other exchanges, along with transactions within their own exchange. Its proprietary barter exchange software is now being designed in the USA and programmed by a team of experts in Europe. In addition to the exchange, the software will enable companies to build their own online stores specifically for barter goods and services, using their own computers through popular browsers, eliminating the need to acquire special software. Bentley expects to have a beta version online by year's end.
[This message has been edited by Moose (edited January 07, 2004).]
quote:
Originally posted by Moose:
This was a company BTLY was trying to aquire during 2003 (BaterCardUSA), but unfortunatly talks fell through. Though BTLY is creating their own company similar to that one (which will located here, BarterDollars) *Stockguy mentioned this earlier
Bentley plans for BarterDollars.com to provide an integrated ecommerce payment system that independent barter exchanges can use for transactions with other exchanges, along with transactions within their own exchange. Its proprietary barter exchange software is now being designed in the USA and programmed by a team of experts in Europe. In addition to the exchange, the software will enable companies to build their own online stores specifically for barter goods and services, using their own computers through popular browsers, eliminating the need to acquire special software. Bentley expects to have a beta version online by year's end.
[This message has been edited by Moose (edited January 07, 2004).]
quote:
Originally posted by machtabow:
Done! Thanks. mach
WOW!A penny that actually has revenue,a business focus and a hell of a great CEO.
To top it off they are in a niche business that has only touched the tip of the iceberg.This will be a steady uphill flight.
Been in it for awhile and building to 3mil. Thanks MACH & MAV for your research.
TRSTURGUT-18
quote:
Originally posted by GMG:
[QUOTE]Originally posted by machtabow:
[b]Done! Thanks. mach
quote:
Originally posted by Moose:
This was a company BTLY was trying to aquire during 2003 (BaterCardUSA), but unfortunatly talks fell through. Though BTLY is creating their own company similar to that one (which will located here, BarterDollars) *Stockguy mentioned this earlier
Bentley plans for BarterDollars.com to provide an integrated ecommerce payment system that independent barter exchanges can use for transactions with other exchanges, along with transactions within their own exchange. Its proprietary barter exchange software is now being designed in the USA and programmed by a team of experts in Europe. In addition to the exchange, the software will enable companies to build their own online stores specifically for barter goods and services, using their own computers through popular browsers, eliminating the need to acquire special software. Bentley expects to have a beta version online by year's end.
[This message has been edited by Moose (edited January 07, 2004).]
quote:
Originally posted by TRSTURGUT-18:
MACH......WOW!A penny that actually has revenue,a business focus and a hell of a great CEO.
To top it off they are in a niche business that has only touched the tip of the iceberg.This will be a steady uphill flight.
Been in it for awhile and building to 3mil. Thanks MACH & MAV for your research.TRSTURGUT-18
quote:
Originally posted by Mav:
The more I read and look at the charts for BTLY the more i get interested in this stock. I just wanted to know if anyone here could find a good example of a stock price pattern once a name change or new cusip number occurs in a company. If anyone find it, could you post that chart here please ?. Thank you.
I wanta play I wanta play
quote:
Originally posted by machtabow:
Mav... The recent was IDNW and GBLT... The price surged substantially... Moe than 100%. I don't have the chart. Take care. mach
quote:
Originally posted by Magoo:
Can I playI wanta play I wanta play
Net firms consider trade instead of cash
The new thing in e-commerce may be to let firms do business the old-fashioned way--by trading without money.
Outfits that let companies barter goods and services with each other or with consumers already exist offline. But the e-commerce wave appears poised to lift the barter industry, with some of the Internet's major venture capital firms putting their money behind players in this nascent market.
Kleiner Perkins Caufield & Byers, which has funded such Internet successes as @Home, Excite, America Online and Healtheon, is nurturing a business-to-business barter firm, code-named Doublebill, according to sources familiar with the company. Doublebill and Kleiner Perkins did not return calls about the start-up.
Investors and executives are hoping that the Internet will provide the perfect platform to trade goods and services. Traditional bartering can be limited to certain geographical areas, but online exchanges connect users on a global scale.
"Bartering is a market that is ideally suited for what the Internet is really good at," said BarterTrust chief executive Mike Edelhart, former president and a founder of Third Age Media, vice president of Softbank and 13-year Ziff-Davis veteran. "It's an existing business that already serves hundreds of thousands of companies, large and small, and produces significant revenue."
"The typical exchange allows you to interact with a few thousand businesses, typically constrained by a geographical area," Edelhart said. "With the Internet we can create a large-scale, strongly backed, worldwide exchange for these types of transactions."
quote:
Originally posted by Mav:
Maggo, you can play anytime you want in. The field is open ...
I'll buy in this morning and then be the silent partner for a while.
Maybe drop a post every once and a while to say I am around.
quote:
Originally posted by Magoo:
Can I playI wanta play I wanta play
But the e-commerce wave appears poised to lift the barter industry, with some of the Internet's major venture capital firms putting their money behind players in this nascent market.
quote:
Originally posted by Mav:
This is some more DD i found on the Barter industry, this keeps coming in as I dig more. I think the road is open for us here.Net firms consider trade instead of cash
The new thing in e-commerce may be to let firms do business the old-fashioned way--by trading without money.Outfits that let companies barter goods and services with each other or with consumers already exist offline. But the e-commerce wave appears poised to lift the barter industry, with some of the Internet's major venture capital firms putting their money behind players in this nascent market.
Kleiner Perkins Caufield & Byers, which has funded such Internet successes as @Home, Excite, America Online and Healtheon, is nurturing a business-to-business barter firm, code-named Doublebill, according to sources familiar with the company. Doublebill and Kleiner Perkins did not return calls about the start-up.
Investors and executives are hoping that the Internet will provide the perfect platform to trade goods and services. Traditional bartering can be limited to certain geographical areas, but online exchanges connect users on a global scale.
"Bartering is a market that is ideally suited for what the Internet is really good at," said BarterTrust chief executive Mike Edelhart, former president and a founder of Third Age Media, vice president of Softbank and 13-year Ziff-Davis veteran. "It's an existing business that already serves hundreds of thousands of companies, large and small, and produces significant revenue."
"The typical exchange allows you to interact with a few thousand businesses, typically constrained by a geographical area," Edelhart said. "With the Internet we can create a large-scale, strongly backed, worldwide exchange for these types of transactions."
[This message has been edited by machtabow (edited January 07, 2004).]
quote:
Originally posted by machtabow:
Wow... who got the 70000 shares before the market opened. How do you do that? mach
That would be me
dz
/
quote:
Originally posted by machtabow:
Mav... The recent was IDNW and GBLT... The price surged substantially... Moe than 100%. I don't have the chart. Take care. mach
quote:
Originally posted by Magoo:
That would be me
quote:
Originally posted by denzen:
Yes, IDNW/GLBT went from .06 to .24 in about a week, then two days after the change started retracing bigtime allthe way back to .12 and is now at .15. This all took place in about two weeks.dz
/
No need to wait.
quote:
Originally posted by ignorantbliss:
I just got 50,000 @ .028No need to wait.
[This message has been edited by machtabow (edited January 07, 2004).]
quote:
Originally posted by machtabow:
Pretty strong volume out of the box for BTLY. 1 million in 9 minutes is good! mach
quote:
Originally posted by machtabow:
GMG. I can not email this address. Email machtabow@yahoo.com Thanks. mach
quote:
Originally posted by ignorantbliss:
Heck yeah! That's crazy. I wonder how much has to do with all the buzz and DD started on this board?
[This message has been edited by Mav (edited January 07, 2004).]
[This message has been edited by Mav (edited January 07, 2004).]
quote:
Originally posted by Mav:
Mach, i just checked out money flow index and money it is coming into BTLY. This is good news ...![This message has been edited by Mav (edited January 07, 2004).]
quote:
Originally posted by GMG:
Trying to add to my position. Is it true if you have an order for over 10,000 at bid that the MM's must fill it?
ps got filled this morning @ .029
quote:
Originally posted by machtabow:
Magoo! How did you do that! Let me in on this... Thanks! mach
Just put in a bid on ameritrade for after hours bid last night.
That is the first time i did that and I see that it got a partical fill. I was trying to get 200.000 shares and hold there for a while
quote:
Originally posted by machtabow:
Magoo! How did you do that! Let me in on this... Thanks! mach
Just put in a bid on ameritrade for after hours bid last night.
That is the first time i did that and I see that it got a partical fill. I was trying to get 200.000 shares and hold there for a while
quote:
Originally posted by ranger6922:
mach i really like this thread and would like any additional info when you get a chance my e mail is ranger6922@bellsouth.netps got filled this morning @ .029
quote:
Originally posted by ignorantbliss:
Anyone have live level II? If so, what's it looking like?
quote:
Originally posted by Magoo:
Just put in a bid on ameritrade for after hours bid last night.That is the first time i did that and I see that it got a partical fill. I was trying to get 200.000 shares and hold there for a while
Bentley Communications Corp. Makes Rapid Progress Toward Becoming the Online Market Maker for the MultiBillion Dollar Barter and Trade Industry.
20031009; Business Wire
Business Editors
LOS ANGELES--(BUSINESS WIRE)--Oct. 9, 2003
In just ninety days, Bentley Communications Corporation (OTCBB:BTLY) has set itself on a fast pace to establish a new marketplace and distribution channel for worldwide barter and trade. Its goal is to become the online "market maker" for the multi-billion dollar barter industry -- serving as the neutral intermediary that will bring together fragmented multiple groups of buyers and sellers to trade interactively with each other online.
quote:
Originally posted by machtabow:
Ranger... send your email to my yahoo account. machtabow@yahoo.com I'll add you to me info file. Thanks. mach
quote:
Originally posted by Mav:
I also found this today, it looks like this company has big plans for the future.Bentley Communications Corp. Makes Rapid Progress Toward Becoming the Online Market Maker for the MultiBillion Dollar Barter and Trade Industry.
20031009; Business WireBusiness Editors
LOS ANGELES--(BUSINESS WIRE)--Oct. 9, 2003
In just ninety days, Bentley Communications Corporation (OTCBB:BTLY) has set itself on a fast pace to establish a new marketplace and distribution channel for worldwide barter and trade. Its goal is to become the online "market maker" for the multi-billion dollar barter industry -- serving as the neutral intermediary that will bring together fragmented multiple groups of buyers and sellers to trade interactively with each other online.
quote:
Originally posted by machtabow:
Visionaries... Im telling you Mav. This is much bigger than people think... This is a Billion Dollar Business and these executives have their act together. Their resumes are outstanding! mach
quote:
Originally posted by machtabow:
Magoo. You are always welcome in the playground! Take care! mach
quote:
Originally posted by drwright68:
Mach, i'm in for 500k now...let the games begin
also looks like gnet is covering or has a large order placed at 0.029.
well now it looks like gnet's bid has been removed so they may bring it down a bit but you never know.
quote:
Originally posted by kitkatranchgirl:
hey mac i am arlready in but is 0.03 a good price for more or do you feel it will bubble down a bit?also looks like gnet is covering or has a large order placed at 0.029.
well now it looks like gnet's bid has been removed so they may bring it down a bit but you never know.
Mav, I will elaborate. In case anyone is wondering what this chart means. Triple bottom is a strong bullish indictor when a stock holds the floor the third time it touches it. This is bullish. Also the MACD 0.00 crossover will be HUGE! When this happens the stock will become very bullish very fast. This in fact could occur by next Monday which is also COINCIDENTLY the same day as the name change! mach
quote:
Originally posted by Mav:
Mach, I have been looking at the BTLY chart and I think i found a triple bottom area around 0.023 forming a floor there. Could you please help me here or Cabbage to check if this is right ?. Bellow you have a chart. Thank you.
quote:
Originally posted by dog-n-pony-show:
Much great DD avail on the Barter Industry and related facts, figures, concepts etc etc here:
http://www.BarterNews.com...besides current and back issues there, and signing up for free newsletter, check the links to Industry organizations IRTA/NATE etc...
Bentley ,and Acquired or aligned Crump Barter and IntertradeCapital etc and related BTLY Execs Joe Crump and Bruce Kamm have often been positively covered over their many years of Industry experience!
Also see the Bentley website:
http://www.BentleyCommerce.comfrom there check out the proprietary industry changing Barter Software and system of acquired VirtualBarter...links within...
Great hunting...Bag a Prize Bull Stock...BTLY...happy and prosperous New Year!
quote:
Originally posted by kitkatranchgirl:
hey mac i am arlready in but is 0.03 a good price for more or do you feel it will bubble down a bit?also looks like gnet is covering or has a large order placed at 0.029.
well now it looks like gnet's bid has been removed so they may bring it down a bit but you never know.
quote:
Originally posted by jr:
hey guys, nice pick mach! BTLY has been on my watchlist for some time now, but with all the PGHI hype i forgot about it! picked up some shares yesterday right before close...
quote:
Originally posted by jr:
hey guys, nice pick mach! BTLY has been on my watchlist for some time now, but with all the PGHI hype i forgot about it! picked up some shares yesterday right before close...
quote:
Originally posted by cabbage22:
Hey guys, BTLY is moving well! In case anyone is still interested in PGHI, it just bounced off support- managed to pick up an additional 40k at .052!
The Department of Commerce says that barter in its various forms accounts for about thirty percent of the world’s total business. The International Reciprocal Trade Association (IRTA) recently announced that U.S. barter transacted through commercial barter brokers now exceeds $8 billion annually. Over 250,000 U.S. businesses actively use organized barter.
There are many good reasons why more and more businesses worldwide are bartering their products and services, but underlying them all is one fundamental business motivation; businesses profit.
Airlines and restaurants can fill empty seats, hotels and resorts can fill empty rooms, printers can fill press downtime, professionals can fill empty time slots, health care professionals can treat new patients. Business owners and professionals can then take this newfound revenue and reduce cash expenses or expand their operations.
Businesses across America are taking a serious look at barter as a way to build their bottom line, and the rapid growth of the online barter industry can only mean that American business likes what today’s barter industry has to offer.
quote:
Originally posted by Moose:
I've been trying to get in at the bid right now, but can't seem to get any luck...I may also have to pull a chunk out of that resistence
quote:
Originally posted by cabbage22:
There isnt anyone selling right now, almost all the trades have gone through at the ask. I'm not going to miss the train, once .03 falls we enter a new mental and technical trading range
quote:
Originally posted by cabbage22:
BTLY has crossed its 40 EMA- a very bullish sign! I tried getting in at .027 this morning but it blew right past me! Resistence at .03 is lessening, I think I'll just take a chunk out of that instead!
quote:
Originally posted by Groovin:
Time to keep buying BTLY ...Gotta love Penny's
Guess I'll have to move my bid up a whole 1/10 of a cent lol
looks like there are lot's of posts to catch up..After doing some DD tonight,I might buy
as well..
Here are my quick thoughts:
seems to me with little interest this can test .046-.047 level..But first it gotta make a new one month high( above .032) to attract more interest...
I might consider two strategies here: buy during any pullback if the PPS sees .033..( to ride it till min .046-47)
Or buying @.027(20 Ema which was the support line during the run up in Sept-Oct.)
with a tight stop of .023..
I'll check the fundamental side tonight..
GL
[This message has been edited by raven76 (edited January 07, 2004).]
quote:
Originally posted by Jak:
I have been buying at .030 how come nite's offer does not go away?
[This message has been edited by machtabow (edited January 07, 2004).]
quote:
Originally posted by chrispete:
I got in this morning with an overnight bid of .027, wish I had a bit more to put in, but c'est la vie!
quote:
Originally posted by raven76:
Hi guys,looks like there are lot's of posts to catch up..After doing some DD tonight,I might buy
as well..Here are my quick thoughts:
seems to me with little interest this can test .046-.047 level..But first it gotta make a new one month high( above .032) to attract more interest...
I might consider two strategies here: buy during any pullback if the PPS sees .033..( to ride it till min .046-47)
Or buying @.027(20 Ema which was the support line during the run up in Sept-Oct.)
with a tight stop of .023..I'll check the fundamental side tonight..
GL
[This message has been edited by raven76 (edited January 07, 2004).]
Walt
quote:
Originally posted by machtabow:
I have an order in for 500,000 at .0271 if anyone is selling. mach
I have 250,000 that I will sell you for .27
quote:
Originally posted by Magoo:
I have 250,000 that I will sell you for .27
quote:
Originally posted by GMG:
I have had a bid in for the last 2 1/2 hrs @ .0295 and it still didn't go through. I also talked to my broker about orders over 10,000 shares at the bid price, do the MM's have to fill them before filling their orders and their response was the MM's are not committed to fill any orders unless at the asking price.
quote:
Originally posted by cabbage22:
I should've explained better- use btly as example. You have a bid in at .0281, and the MM is at .028- someone places a sell at .028- the MM must either execute your order at .0281 / execute the order for himself at .0281 / or (the way the MM's make money) execute his order at .028 and sell the stock to you at .0281- but the broker is right- he is not obligated to fill your order. The path they choose depends on how the stock is playing.
quote:
Originally posted by GMG:
I have had a bid in for the last 2 1/2 hrs @ .0295 and it still didn't go through. I also talked to my broker about orders over 10,000 shares at the bid price, do the MM's have to fill them before filling their orders and their response was the MM's are not committed to fill any orders unless at the asking price.
HOW TODAY'S BARTER INDUSTRY WORKS
Modern Barter is a highly organized, high tech, comminications driven industry. At the heart of the industry is the Trade Exchange, an association of business operators and professionals who have joined together to trade their surplus products and services. The exchange serves simultaneously as a market, a communications network, and a clearing house for transactions among its members much like a bank.
Member businesses sell their goods and services to other members in the exchange for trade dollars which are valued at the equivalent of cash dollars. With each transaction, trade dollars are debited from the buyer's account and credited to the seller's account. The seller can then spend these trade dollars with other exchange members.
Through association with a barter exchange, member businesses find new customers and earn trade dollars selling their surplus which they can then spend with other members for products and services.
INDUSTRY SEGMENTATION
Today's barter industry can be seen as a three tiered pyramid with trade exchanges forming the broad base of the structure.
Retail Trade - The trade exchange tier of the industry is frequently referred to as retail trade where small to mid-sized businesses and professionals join together to barter their products and services.
Exhange members are serviced by trade brokers who function in a manner similar to securities brokers. Brokers bring buyers and sellers together and serve as business advisors to their clients. They rarely act as principals in barter transactions. Instead their roles, established by law, are as third party record keepers.
Corporate Barter - Large businesses such as manufacturers, wholesalers and distributors, often have surplus inventory and production capacity they can trade for needed resources. Rather than taking write down losses or destroying their markets these companies frequently trade their surplus for "purchase credits."
International Barter - Countertrade and international reciprocal trading make up international barter. Countertrade constitutes transactions between governments or multinational companies.
quote:
Originally posted by PSU90:
From the website....about the CEO. Impressive resume!Key Executives
Gordon Lee is chairman and CEO of Bentley Communications Corporation. He was CEO and CFO of Bentley since March 1999. He has been involved with emerging growth companies in the private and public arena for more than 20 years. He was founder, and former chairman of USA Video, which introduced the world to video on-demand. Today, USA Video is an international developer and supplier of high-tech Internet streaming video and video-on-demand services, systems, and innovative end-to-end solutions. In 1993, he founded Future Media Technologies. a pioneer in digitized & compressed video. It is the first company whose standard for picture quality met the criteria demanded by Paramount Pictures, Warner Bros. and other leading studios. It gained the rights to digitize and compress these firms' enormous film libraries. In 1998 he briefly entered the public safety sector, working on the refinement of a bullet-resistant glass coating for cars and office buildings. This technology was sold off for commercial development and resulted in a standard option on nearly all new European cars, including BMW & Mercedes. In 1999, he founded Startek.com, that enable wireless high-speed Internet access. He launched Bentley Communications Corporation to facilitate e-commerce and alternative commerce on a global scale, focusing on business-to-business applications.
ach
quote:
Originally posted by Mav:
Here i found how the barter industry works nowadays at the market place.HOW TODAY'S BARTER INDUSTRY WORKS
Modern Barter is a highly organized, high tech, comminications driven industry. At the heart of the industry is the Trade Exchange, an association of business operators and professionals who have joined together to trade their surplus products and services. The exchange serves simultaneously as a market, a communications network, and a clearing house for transactions among its members much like a bank.
Member businesses sell their goods and services to other members in the exchange for trade dollars which are valued at the equivalent of cash dollars. With each transaction, trade dollars are debited from the buyer's account and credited to the seller's account. The seller can then spend these trade dollars with other exchange members.
Through association with a barter exchange, member businesses find new customers and earn trade dollars selling their surplus which they can then spend with other members for products and services.
INDUSTRY SEGMENTATION
Today's barter industry can be seen as a three tiered pyramid with trade exchanges forming the broad base of the structure.
Retail Trade - The trade exchange tier of the industry is frequently referred to as retail trade where small to mid-sized businesses and professionals join together to barter their products and services.
Exhange members are serviced by trade brokers who function in a manner similar to securities brokers. Brokers bring buyers and sellers together and serve as business advisors to their clients. They rarely act as principals in barter transactions. Instead their roles, established by law, are as third party record keepers.Corporate Barter - Large businesses such as manufacturers, wholesalers and distributors, often have surplus inventory and production capacity they can trade for needed resources. Rather than taking write down losses or destroying their markets these companies frequently trade their surplus for "purchase credits."
International Barter - Countertrade and international reciprocal trading make up international barter. Countertrade constitutes transactions between governments or multinational companies.
WHERE THE BARTER INDUSTRY IS GOING
The Trade Exchange is frequently considered another dimension of the financial industry. However, in addition to providing some of the financial resources businesses need, bater companies provide advertising and sales support to create new revenue streams.
Because it offers so many benefits for businesses, the future of the trade exchange is characterized by continued growth and development. Taking full advantage of these benefits is a powerful motivation for companies to employ a qualified barter company.
As the industry grows and develops, the sophistication and professionalism of companies within the industry is also expanding. The current outlook calls for consolidation of independent exchanges into larger, more sophisticated, electronic clearinghouses where professionals barter brokers come together to help their clients increase sales, improve cash flow, and develop new profits.
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WildRose
quote:
Originally posted by BetNitAll:
mach...you have mail
ADVANTAGES
Barter has many real advantages for businesses -- one you may not think of at first is the fact that in a barter transaction, there are no accounts receivable, & therefore no bad debt possible. We appreciate barter's ability to profitably get rid of excess inventory, penetrate new markets, & expand sales while avoiding costly writeoffs, maintaining working capital, increasing cash flow, & reducing the need to borrow. Those advantages translate to increased profits.
We like what BTLY is doing -- management's aggressive posture should, in our opinion, result in rapid growth. We like the fact that BTLY will concentrate on small to medium sized businesses. We like the fact that as the number of offices & franchisees grows, & the number of businesses that become members increases, the growth rate will accelerate. This is because the greater the diversity & number of businesses that accept barter dollars, the more every member business will rely on barter transactions.
Keep in mind that we are providing you with this profile at as early a point in the company's history as possible. We want you to be aware of what is being planned, so you can watch this company's progress, & decide whether to take a position when the share price is at its current attractive low level.
We really like the barter direction, & for the purposes of giving you data at this time, we have assumed that all of the various steps surrounding BTLY's recent decisions to acquire the barter related operations will indeed be successfully completed.
quote:
Originally posted by WildRose:
New to your board, have been listening and learning a great deal over the past couple of months. The 100k to 100,000K Club, count me in.
*** BTLY's Future is so Bright! ***
mach
quote:
Originally posted by Mav:
**** BTLY ****
**** HOT INFORMATION ****
PLEASE READADVANTAGES
Barter has many real advantages for businesses -- one you may not think of at first is the fact that in a barter transaction, there are no accounts receivable, & therefore no bad debt possible. We appreciate barter's ability to profitably get rid of excess inventory, penetrate new markets, & expand sales while avoiding costly writeoffs, maintaining working capital, increasing cash flow, & reducing the need to borrow. Those advantages translate to increased profits.
We like what BTLY is doing -- management's aggressive posture should, in our opinion, result in rapid growth. We like the fact that BTLY will concentrate on small to medium sized businesses. We like the fact that as the number of offices & franchisees grows, & the number of businesses that become members increases, the growth rate will accelerate. This is because the greater the diversity & number of businesses that accept barter dollars, the more every member business will rely on barter transactions.
Keep in mind that we are providing you with this profile at as early a point in the company's history as possible. We want you to be aware of what is being planned, so you can watch this company's progress, & decide whether to take a position when the share price is at its current attractive low level.
We really like the barter direction, & for the purposes of giving you data at this time, we have assumed that all of the various steps surrounding BTLY's recent decisions to acquire the barter related operations will indeed be successfully completed.
Green is good!
PSU
Consider the naked short sale. In this case, short positions are not declared or disclosed, shares are not borrowed to cover the short sale, and the stock is never delivered to the purchaser. The result is dilutive, in that it results in an artificial, unauthorized and illegal increase in the number of shares issued and outstanding and a manipulated decline in the PPS of the firm's stock. The broker-dealer merely floods the market with cheap, non-existent shares of your firm's stock.
Based on this, the next change of CUSIP # will be very positive.
Den
the whole barter concept is not new to me. besides being a "horse trader" for as far back as i had something to trade (can i have back my mickey mantle baseball cards please), i used to belong to a barter exchange years ago and built 80% of my house in new mexico bartering sculptural ironwork into a system called barter exchange. i got cameras and darkroom equipment, printing, clothing, medical work, dental work, massage, auto work and countless meals, lodging and entertainment coupons on barter. it allowed me to liquidate inventory that didn't move at retail, and to bid an architectural job with no competitors. it allowed me access to many things i was going to pay for anyway and also allowed me to convert stale inventory into fun.
ms mullet and i would often spend the afternoon at a spa, have a massage, check into a santa fe luxury hotel, have dinner, take in a live show, have breakfast, and pay only tips. it was all on barter. the thing to remember is that barter is taxable income. the irs wants their share.
uncle milty
Once we break through the upper bollinger band (.03) this is going to run IMO.
On balance volume is increasing, and we have some positive divergence on the MACD.
Closed above the 8 day EMA, and 40 day EMA- looking very good
The volume is very impressive
------------------
cabbage22 - thank technical analysis for God
[This message has been edited by cabbage22 (edited January 07, 2004).]
quote:
Originally posted by denjohn1000:
Mach, did you buy BTLY today?Den
quote:
Originally posted by old mullet:
i first got into this back in october and almost weeded it out at years end because it seemed stagnant. i'm in for 220k at .0285. i guess since a number of my sharp young amigos are on this scent, i'll pay more attention and continue to accumulate in the .028 range. i put a little of the ibzt windfall into this in the last 1/2 hour today.the whole barter concept is not new to me. besides being a "horse trader" for as far back as i had something to trade (can i have back my mickey mantle baseball cards please), i used to belong to a barter exchange years ago and built 80% of my house in new mexico bartering sculptural ironwork into a system called barter exchange. i got cameras and darkroom equipment, printing, clothing, medical work, dental work, massage, auto work and countless meals, lodging and entertainment coupons on barter. it allowed me to liquidate inventory that didn't move at retail, and to bid an architectural job with no competitors. it allowed me access to many things i was going to pay for anyway and also allowed me to convert stale inventory into fun.
ms mullet and i would often spend the afternoon at a spa, have a massage, check into a santa fe luxury hotel, have dinner, take in a live show, have breakfast, and pay only tips. it was all on barter. the thing to remember is that barter is taxable income. the irs wants their share.
uncle milty
quote:
Originally posted by VNGNTN1:
MAV
Are you saying that "this" MM is trading with shares not authorized by company ?
If YES why not a lawsuit rather than a CUSP# change ?
quote:
Originally posted by cabbage22:
Once we break through the upper bollinger band (.03) this is going to run IMO.
On balance volume is increasing, and we have some positive divergence on the MACD.
Closed above the 8 day EMA, and 40 day EMA- looking very good
The volume is very impressive
i look forward to hearing from you via e mail.
uncle milty
quote:
Originally posted by machtabow:
VNGNTN1, This is a common practice in the market. Its actually not illegal for MM to Naked Short bb stocks right now. The problem is that many abuse it... often selling shares not in their inventory and never buying them back... Its complicated... but the SEC is working on it. Two ways in which to battle this are through the issuance of Dividents and the Cusip# change. This way you identify shareholders. As per a previous post by Tommy... all MM's need to cover all Naked Short positions prior to the change. Therefore we can expect a substantial move soon. Techs are indicating that we are on the right track! Take care! mach
P.S. I don't know if the link will show I guess you cant post links on this board,
[This message has been edited by nitroburn (edited January 07, 2004).]
quote:
Originally posted by machtabow:
Magoo... you accumulate fast... i tell you... Certainly don't mess around when you see an opportunity. Take care. mach
Hi Mach
Just in from work. I did get in with 250,000 shares on three bid points. .028, 029 .03
Actually needed to get some work done today so I didn't have much time for the market.
I will just hold onto my shares and see how it goes for a while. If we do have good movement then I might try to grab some more.
Thanks for the tip
Magoo
Please send me a copy of the email from the CEO of BTLY. You are the best.
Kevin
AMERICAN BULLS HAS A BUY ON BTLY!!!
THE FUN IS JUST BEGINNING!!!!
WWW.*************.COM
TRSTURGUT-18
Kevin
EMAIL is KSBLICK@hotmail.com
quote:
Originally posted by old mullet:
thanks mach, i'll bet in 30+ more years you will have a few yarns to spin too. life is too interesting to get stuck in a rut. the one common thread has been investing and sharing the results. i wish i had more time to help with the dd the last little while. i will be stealing a few minutes throught the day on and off so i post, but my life during high season here is unbelievable. busy every minute.i look forward to hearing from you via e mail.
uncle milty
quote:
Originally posted by ignorantbliss:
Correct me if I'm wrong but wouldn't a split, reverse or otherwise also prevent naked shorting? Probably not, but I just thought I'd throw that out there.
quote:
Originally posted by kevinscott:
[B][/B]
quote:
Originally posted by nitroburn:
American Bulls has a buy recomend on BTLY today.
http://www.*************.com/StockPage.asp?Compa nyTicker=BTLY%20%20%20%20%20%20%20&MarketTicker=OTC%20%20%20%20%20%20%20&TYP=SP.S. I don't know if the link will show I guess you cant post links on this board,
[This message has been edited by nitroburn (edited January 07, 2004).]
i used to think that you were a god until the second pghi thread came out and others started to match your intel. i have a ?. my wife finally gave me some more $ from the cash fund that she has been hiding from me. i have a handfull of positions in both btly and pghi in an ira that i can't touch for years without paying an unbelievable commision. i will hold those for a very long time. my immediate goals are to save up for a couple of new cars in an ameritrade accounts, but retire in the ira's. with the extra money that the wife let loose, what is the recomendation (pghi or btly). i understand that i should do my own dd but i have done as much that my little mind can stand, and i am torn between both.
if you would like my email is: bob and jessica @ peoplepc.com
no spaces.
quote:
Originally posted by Magoo:
Hi MachJust in from work. I did get in with 250,000 shares on three bid points. .028, 029 .03
Actually needed to get some work done today so I didn't have much time for the market.
I will just hold onto my shares and see how it goes for a while. If we do have good movement then I might try to grab some more.
Thanks for the tip
Magoo
Kevin
quote:
Originally posted by TRSTURGUT-18:
MACH.....AMERICAN BULLS HAS A BUY ON BTLY!!!
THE FUN IS JUST BEGINNING!!!!
WWW.*************.COMTRSTURGUT-18
The saying is "Birds of a Feather"... When I arrived on this board... there wasn't much. I really started developing threads rather than just posting and then disappearing. I feel its important for people to interact and discuss their stock picks. It's also important to tell people why you think a stock may move in a certain direction. I can only assume that others have agreed with that philosophy and thats why so much talent is showing up here. As long as we can keep it up... We have a great team here. I will add you to my email list for hot picks... so that you get them real-time. As always do your DD... email machtabow@yahoo.com anytime... Take care! mach
quote:
Originally posted by akabob:
hey mach,i used to think that you were a god until the second pghi thread came out and others started to match your intel. i have a ?. my wife finally gave me some more $ from the cash fund that she has been hiding from me. i have a handfull of positions in both btly and pghi in an ira that i can't touch for years without paying an unbelievable commision. i will hold those for a very long time. my immediate goals are to save up for a couple of new cars in an ameritrade accounts, but retire in the ira's. with the extra money that the wife let loose, what is the recomendation (pghi or btly). i understand that i should do my own dd but i have done as much that my little mind can stand, and i am torn between both.
if you would like my email is: bob and jessica @ peoplepc.comno spaces.
UGHO name change late December..Went from .10 to .23 in January.
mach you have mail.
TRSTURGUT-18
still waiting on email from you.
Thanks...
Kevin
quote:
Originally posted by machtabow:
Kevin... I was going to say... I don't have your email... Thanks. mach
quote:
Originally posted by blizzard:
When does a captain abandon ship? Captain Mach sold position in Pghi and abandoned ship. Pghi is .052...In my opinion, never a rally...and Mach moved on , probably sold positiion in Pghi and getting suckers to join in BTLY.. When is the rally going to happen in Pghi? Captain Mach.....no interest in Pghi anymore where you do not even post...he hypes where he goes...
Do your own research and stop pointing fingers.
I am into PGHI for 4.8 million shares and am not at all uneasy with the results so far.
I relize that you have an opinion but when you are trying to pick a fight go somewhere else
quote:
Originally posted by blizzard:
When does a captain abandon ship? Captain Mach sold position in Pghi and abandoned ship. Pghi is .052...In my opinion, never a rally...and Mach moved on , probably sold positiion in Pghi and getting suckers to join in BTLY.. When is the rally going to happen in Pghi? Captain Mach.....no interest in Pghi anymore where you do not even post...he hypes where he goes...
[This message has been edited by ignorantbliss (edited January 07, 2004).]
THE COMMERCIAL BARTER INDUSTRY.
Over 7.5 billion dollars in sales is transacted each year by the commercial barter industry. This figure is growing at an estimated rate of 8 percent a year, significantly faster than the growth of GNP. It is estimated that over 300,000 business firms -- most of them small businesses, but including a large and growing number of well-known larger firms -- will use the services of commercial barter companies this year.
What explains the explosive growth of commercial barter? First, the modern computer makes possible the tracking of barter transactions, which used to be done by hand in colonial times. John Hancock's uncle, a minister by profession, is one of those early bookkeepers who recorded commercial trades of rum and whale oil in exchange for the wheat and furs of the early frontier. If the computer had been available then, our monetary history would certainly have been different.
The barter industry's growing appeal among business owners and professional firms is attributable to several factors, which include generation of new sales and higher volumes of business, conserving cash for essential expenditures, exchange of unproductive assets for valuable products or services, reduction of unit costs, and opening new outlets for excess inventory and unused capacity. Barter finance enables a firm to buy using its incremental cost of production. This applies to international trade as well. So long as incremental revenue exceeds incremental cost, it will pay a firm to barter. Barter's main drawback is limitation on the range of products or services offered in trade.
The existence of surplus inventory, unproductive assets, and excess capacity throughout the world, and the ability to reach new customers both at home and abroad through barter sales, makes barter an attractive marketing tool that yields a competitive edge over firms that only use cash. Incremental sales from barter add to employment, production and purchasing power. Asset exchange enables a firm to capitalize its excess capacity by using it to finance its purchases. By exchanging surplus assets for needed products or services obtainable from a barter company, business firms are able to obtain a higher value for such assets than if they sold them for cash at a few cents on the dollar.
There are approximately 600 barter companies serving all parts of the nation and overseas markets. As they are linked electronically in a national and international barter marketplace, their economic significance is growing. Some 500 barter exchanges act as clearinghouses for the exchange of products and services among their clients. About 100 corporate trade companies and brokers are engaged in exchanging trade credits for assets and selling goods and services to their clients for part trade and part cash. Barter exchanges make money by charging a commission on each barter transaction. Corporate trade companies make money by negotiating favorable prices for media and other products and services, and exchanging these for the excess assets of their clients plus cash.
Barter exchange helps check inflation by spreading overhead, lowering costs, and reduced borrowing. It makes good economic sense for businesses to purchase media, printing, and other needed items through barter, because financing such purchases through incremental sales of their own inventory or exchanging unwanted assets is cheaper than borrowing. Barter helps conserve cash, and lowers interest rates by taking the pressure off money markets. The barter industry helps firms stay competitive by turning surplus inventory, unproductive assets, and excess capacity into extra sales, income, and value.
Barter enables international trade to flow among established barter exchanges in North America, Australasia, and Western Europe. Barter finance permits importing when conventional finance will not work, while providing overseas marketing and distribution channels that exporters need for their surplus inventories Corporate trade companies are increasingly obtaining media for multinational firms to implement global advertising plans. Barter companies execute international barter transactions to enable exporters to be paid in hard currency through the liquidation of goods received in trade from soft currency countries. The dance of currencies in international finance, plus national needs that exceed the availability of hard currency through conventional trade and aid, makes this a growing field today.
Commercial barter is a young industry, roughly 20 years old, run by a strong group of entrepreneurs. The leading members of the industry are joined together in the International Reciprocal Trade Association which has branches in Europe and Australasia. It was this roup that worked with the U.S. Congress to pass the barter tax compliance provisions of the Tax Equity and Fiscal Responsibility Act of 1982. The same law recognized barter exchanges on a par with banks and credit card companies as "third party recordkeepers" of the financial records of other taxpayers. All U.S. barter exchanges now submit to the tax authorities yearly total of the barter sales of their clients.
quote:
Originally posted by cappy:
everyone just go to the bottom of this page and click on contact us and let them know about blizzard.
Thanks
He's gone
machOver 7.5 billion dollars in sales is transacted each year by the commercial barter industry. This figure is growing at an estimated rate of 8 percent a year, significantly faster than the growth of GNP. It is estimated that over 300,000 business firms -- most of them small businesses, but including a large and growing number of well-known larger firms -- will use the services of commercial barter companies this year.
quote:
Originally posted by Mav:
*** GOOD INFORMATION, PLEASE READ. ***THE COMMERCIAL BARTER INDUSTRY.
Over 7.5 billion dollars in sales is transacted each year by the commercial barter industry. This figure is growing at an estimated rate of 8 percent a year, significantly faster than the growth of GNP. It is estimated that over 300,000 business firms -- most of them small businesses, but including a large and growing number of well-known larger firms -- will use the services of commercial barter companies this year.
What explains the explosive growth of commercial barter? First, the modern computer makes possible the tracking of barter transactions, which used to be done by hand in colonial times. John Hancock's uncle, a minister by profession, is one of those early bookkeepers who recorded commercial trades of rum and whale oil in exchange for the wheat and furs of the early frontier. If the computer had been available then, our monetary history would certainly have been different.
The barter industry's growing appeal among business owners and professional firms is attributable to several factors, which include generation of new sales and higher volumes of business, conserving cash for essential expenditures, exchange of unproductive assets for valuable products or services, reduction of unit costs, and opening new outlets for excess inventory and unused capacity. Barter finance enables a firm to buy using its incremental cost of production. This applies to international trade as well. So long as incremental revenue exceeds incremental cost, it will pay a firm to barter. Barter's main drawback is limitation on the range of products or services offered in trade.
The existence of surplus inventory, unproductive assets, and excess capacity throughout the world, and the ability to reach new customers both at home and abroad through barter sales, makes barter an attractive marketing tool that yields a competitive edge over firms that only use cash. Incremental sales from barter add to employment, production and purchasing power. Asset exchange enables a firm to capitalize its excess capacity by using it to finance its purchases. By exchanging surplus assets for needed products or services obtainable from a barter company, business firms are able to obtain a higher value for such assets than if they sold them for cash at a few cents on the dollar.
There are approximately 600 barter companies serving all parts of the nation and overseas markets. As they are linked electronically in a national and international barter marketplace, their economic significance is growing. Some 500 barter exchanges act as clearinghouses for the exchange of products and services among their clients. About 100 corporate trade companies and brokers are engaged in exchanging trade credits for assets and selling goods and services to their clients for part trade and part cash. Barter exchanges make money by charging a commission on each barter transaction. Corporate trade companies make money by negotiating favorable prices for media and other products and services, and exchanging these for the excess assets of their clients plus cash.
Barter exchange helps check inflation by spreading overhead, lowering costs, and reduced borrowing. It makes good economic sense for businesses to purchase media, printing, and other needed items through barter, because financing such purchases through incremental sales of their own inventory or exchanging unwanted assets is cheaper than borrowing. Barter helps conserve cash, and lowers interest rates by taking the pressure off money markets. The barter industry helps firms stay competitive by turning surplus inventory, unproductive assets, and excess capacity into extra sales, income, and value.
Barter enables international trade to flow among established barter exchanges in North America, Australasia, and Western Europe. Barter finance permits importing when conventional finance will not work, while providing overseas marketing and distribution channels that exporters need for their surplus inventories Corporate trade companies are increasingly obtaining media for multinational firms to implement global advertising plans. Barter companies execute international barter transactions to enable exporters to be paid in hard currency through the liquidation of goods received in trade from soft currency countries. The dance of currencies in international finance, plus national needs that exceed the availability of hard currency through conventional trade and aid, makes this a growing field today.
Commercial barter is a young industry, roughly 20 years old, run by a strong group of entrepreneurs. The leading members of the industry are joined together in the International Reciprocal Trade Association which has branches in Europe and Australasia. It was this roup that worked with the U.S. Congress to pass the barter tax compliance provisions of the Tax Equity and Fiscal Responsibility Act of 1982. The same law recognized barter exchanges on a par with banks and credit card companies as "third party recordkeepers" of the financial records of other taxpayers. All U.S. barter exchanges now submit to the tax authorities yearly total of the barter sales of their clients.
quote:
Originally posted by Magoo:
ThanksHe's gone
I have read every post from all 3 threads and many others from all of you. I am on the edge of being able to contribute and will soon. But my main reason for doing my own DD and getting a feel for who I am dealing with was to earn trust and I have. I have visited other boards and guys like blizzard and the mach3 that came on trying to rip mach2 turned me away from those other boards. The single most reason I like this board is that they deal with the idiots right away and not 2 or 3 days after they are hear. Thanks for all the info guys and gals, I will help in the near future when I build more confidence with the DD, I am close. Take care and Happy New Year.
quote:
Originally posted by Mav:
Mach, I have been looking at the BTLY chart and I think i found a triple bottom area around 0.023 forming a floor there. Could you please help me here or Cabbage to check if this is right ?. Bellow you have a chart. Thank you.
quote:
Originally posted by machtabow:
Thanks Mav. Boy you sure do good DD. This is indeed big business. Do you need another job? I'm hiring every dayOver 7.5 billion dollars in sales is transacted each year by the commercial barter industry. This figure is growing at an estimated rate of 8 percent a year, significantly faster than the growth of GNP. It is estimated that over 300,000 business firms -- most of them small businesses, but including a large and growing number of well-known larger firms -- will use the services of commercial barter companies this year.
A means of buying or selling a product or service with no cash or limited cash. Most of the organized barter that occurs in the world today is done with each barter or trade organizations own currency. There are over 1,500 barter and trade groups in North America alone.
Can you explain how a transaction would take place?
Sure. Here is a real world example: Sam owns a pub. He serves food and beer that he brews on the premises. Sam has monthly fixed (cash) costs: Janitorial Services, Dry Cleaning, Carpet Cleaning, Landscaper... The list goes on and on.
Sam’s monthly fixed costs (cash) are $3,000 to $4,000. Sam joins a Trade Organization. He sells food and beer on trade. He takes in approximately $5,000 per month in trade which is NEW BUSINESS that wasn’t there previously.
Sam uses his Trade Dollars on his monthly fixed costs: Janitorial Services, Dry Cleaning, Carpet Cleaning, Landscaper, etc.... Sam now purchases his beer supplies and some food items with Trade Dollars which is converted to cash when he sells food and beer.
Sam uses his Trade Dollars to hire a contractor to expand his business.
Sam uses his Trade Dollars to buy clothing and has his pub’s logo screenprinted on T-Shirts and Beer Mugs because his business is growing rapidly.
Sam uses his Trade Dollars to buy a truck and get’s all of his auto repair work done on trade. Sam uses his Trade to offset cash expenditures.
Every business has fixed, monthly cash expenditures from A - Z: Advertising (Radio, TV, Magazine, Newspaper, Billboard, Mailers, Local, National, International) Bookkeeping, Carpet Cleaning, Dry Cleaning, Furniture, Gardeners, Housekeepers, Insurance, Janitorial, and on, and on, and.... There are distinct advantages to joining an organized Barter & Trade Group.
quote:
Originally posted by cappy:
I have read every post from all 3 threads and many others from all of you. I am on the edge of being able to contribute and will soon. But my main reason for doing my own DD and getting a feel for who I am dealing with was to earn trust and I have. I have visited other boards and guys like blizzard and the mach3 that came on trying to rip mach2 turned me away from those other boards. The single most reason I like this board is that they deal with the idiots right away and not 2 or 3 days after they are hear. Thanks for all the info guys and gals, I will help in the near future when I build more confidence with the DD, I am close. Take care and Happy New Year.
PS. I place a call into him tonight! Hoping to hear back from him soon! mach
quote:
Originally posted by Mav:
What is Barter?A means of buying or selling a product or service with no cash or limited cash. Most of the organized barter that occurs in the world today is done with each barter or trade organizations own currency. There are over 1,500 barter and trade groups in North America alone.
Can you explain how a transaction would take place?
Sure. Here is a real world example: Sam owns a pub. He serves food and beer that he brews on the premises. Sam has monthly fixed (cash) costs: Janitorial Services, Dry Cleaning, Carpet Cleaning, Landscaper... The list goes on and on.
Sam’s monthly fixed costs (cash) are $3,000 to $4,000. Sam joins a Trade Organization. He sells food and beer on trade. He takes in approximately $5,000 per month in trade which is NEW BUSINESS that wasn’t there previously.
Sam uses his Trade Dollars on his monthly fixed costs: Janitorial Services, Dry Cleaning, Carpet Cleaning, Landscaper, etc.... Sam now purchases his beer supplies and some food items with Trade Dollars which is converted to cash when he sells food and beer.
Sam uses his Trade Dollars to hire a contractor to expand his business.
Sam uses his Trade Dollars to buy clothing and has his pub’s logo screenprinted on T-Shirts and Beer Mugs because his business is growing rapidly.
Sam uses his Trade Dollars to buy a truck and get’s all of his auto repair work done on trade. Sam uses his Trade to offset cash expenditures.
Every business has fixed, monthly cash expenditures from A - Z: Advertising (Radio, TV, Magazine, Newspaper, Billboard, Mailers, Local, National, International) Bookkeeping, Carpet Cleaning, Dry Cleaning, Furniture, Gardeners, Housekeepers, Insurance, Janitorial, and on, and on, and.... There are distinct advantages to joining an organized Barter & Trade Group.
Can you please mail me the info you got from the CEO, at joshuaspark@msn.com
I've sent you and email but not sure you got it.
Congratulations for this pick. In my country Bartering is Tax free. It's a very common practice in the Agricultural business.
I believe Online Bartering is the Next ebay.
During the Internet Bubble I was involved in the analysis of the BP for a Bartering Company, that finally did great in South America. I'll try to recover some numbers to add to the Incredible DD THE TEAM is came out with in 2 days.
Best regards to all,
J
BTLY TECH ANALYSIS 101
HOPE THIS HELPS U SEE WHAT THE TECHIES SEE HAPPENING SOON
KEEP IN MIND TECH ANALYSIS HELPS ELIMINATE ALL THE “NOISE” IN THE MARKET. IT HELPS YOU “SEE” EXACTLY WHAT IS OCCURING. PRICE MOVEMENT IS A REAL TIME COMBINATION OF ALL THE POSITIVES AND NEGATIVES OF A COMPANY. TECH ANALYSIS HELPS YOU INTERPRET AND FORECAST MOVEMENT. THIS IS WHAT I SEE HAPPENING. AND HERES AN EXPLANATION TO HELP.
POSITIVE DIVERGENCE
For the past month BTLY has been consolidating after a runup to .047 from .01. There was “profit taking” until .023… where it bounced… it bouced up and then retested .023 a second time and then a third for just a brief period. This is often described as a double or triple bottom. The bears “sellers” were unable to bring it past .023 and thus it became the new floor after three attempts! Does that make sense… When a stock runs out of sellers… then the bulls “gradually” seize control again. Get it… less sellers… more buyers… prices rises. Aha!
Positive Divergence is when you see the price consolidating down… and a technical indicator such as MACD(Moving Average Convergence Divergence) moving up! Notice on Mavs chart that MACD has been moving up for the past 4 weeks even when consolidation was occurring. This is accumulation and is bullish… even though… Here’s more detail on positive divergence… Hope it helps… but read on… this will help you out big time!!!!!!!!!!!!!
**************************************
A divergence occurs when two lines on a chart move in opposite directions vertically. For instance, if a stock's price has been moving lower for several days but, at the same time, its 50-day moving average has been rising, the stock is said to be diverging from its moving average.
Divergences between a stock and one of its indicators are common and often occur before a stock changes direction. People often look for divergences by comparing a stock's direction to the direction of its RSI, its MACD or its Stochastic Oscillator. Other indicators and oscillators can also be used.
There are two kinds of divergences: positive and negative. A positive divergence occurs when the indicator moves higher at the same time the stock is declining. A negative divergence occurs when the indicator moves lower as the stock continues to rise.
*********************
So we have POSITIVE DIVERGENCE OCCURING… but is tech analysis always right. Often but not always. What you do is use other tech analysis technique to confirm the positive divergence. One that people use often is VOLUME. You can see by the on-balance volume of BTLY that it has been gradually increasing… confirming a reversal in the consolidation.
Another BIG CONFIRMATION…….. COMING SOON!!!!!!! MACD CROSSOVER CENTERLINE! LOOK AT THE CHART! CAN YOU SEE IT! MAV MAPPED IT OUT! We have Positive Divergence upon the 0.00 centerline. When the crossover occurs… the BULLS WILL BE IN FULL CONTROL and this baby will move! Here’s a little more detail! Read on! Hope this helps you… Remember you can read all the news… listen to all the opinions of everyone in the world… but what the techs do is help look at all that information… at one time… within minutes and make a buy/sell decision! If you have any questions… off the board: email: machtabow@yahoo.com mach
Confirmation
Confirmation is a subsequent signal that validates a position stance. Traders and investors sometimes look for more than one signal or require validation before acting. For example: confirmation of a trend change may entail an advance past the previous reaction high. For an indicator such as MACD, confirmation of a divergence may be a subsequent moving average crossover.
A centerline crossover is sometimes interpreted as a buy or sell signal. A buy signal would be generated with a cross above the centerline and a sell signal with a cross below the centerline. For MACD or ROC, a cross above or below zero would act as a signal.
Movements above or below the centerline indicate that momentum has changed from either positive to negative or negative to positive. When a centered momentum oscillator advances above its centerline, momentum turns positive and could be considered bullish. When a centered momentum oscillator declines below its centerline, momentum turns negative and could be considered bearish.
quote:
Originally posted by Mav:
Mach, I have been looking at the BTLY chart and I think i found a triple bottom area around 0.023 forming a floor there. Could you please help me here or Cabbage to check if this is right ?. Bellow you have a chart. Thank you.
[This message has been edited by machtabow (edited January 07, 2004).]
These seem to me great numbers.
"....Online bartering companies—for the occasional registration fee and always a transaction fee—provide a safe trading environment for businesses and individuals. You can trade services for products, or visa versa, or services for services, and so on. Nearly half a million businesses engage in online bartering today, but the National Association of Trade Exchanges predicts 1.2 million companies will join in the fun within the next 10 years. With all those processing fees, you could buy a lot of deerskin...J
quote:
Originally posted by Joshua:
Hi Mach,Can you please mail me the info you got from the CEO, at joshuaspark@msn.com
I've sent you and email but not sure you got it.
Congratulations for this pick. In my country Bartering is Tax free. It's a very common practice in the Agricultural business.
I believe Online Bartering is the Next ebay.
During the Internet Bubble I was involved in the analysis of the BP for a Bartering Company, that finally did great in South America. I'll try to recover some numbers to add to the Incredible DD THE TEAM is came out with in 2 days.
Best regards to all,
J
If you don't get my mail, check this article. http://www.forbes.com/forbes/2003/1013/066.html
on naked shorting. I think it worth reading it.
We have at least 100 more Naked shorted opportunities to find.
J
quote:
Originally posted by Joshua:
Found this on the net.
http://www.entrepreneur.com/article/0,4621,284666-14,00.htmlThese seem to me great numbers.
"....Online bartering companies—for the occasional registration fee and always a transaction fee—provide a safe trading environment for businesses and individuals. You can trade services for products, or visa versa, or services for services, and so on. Nearly half a million businesses engage in online bartering today, but the National Association of Trade Exchanges predicts 1.2 million companies will join in the fun within the next 10 years. With all those processing fees, you could buy a lot of deerskin...J
quote:
Originally posted by Joshua:
Found this on the net.
http://www.entrepreneur.com/article/0,4621,284666-14,00.htmlThese seem to me great numbers.
"....Online bartering companies—for the occasional registration fee and always a transaction fee—provide a safe trading environment for businesses and individuals. You can trade services for products, or visa versa, or services for services, and so on. Nearly half a million businesses engage in online bartering today, but the National Association of Trade Exchanges predicts 1.2 million companies will join in the fun within the next 10 years. With all those processing fees, you could buy a lot of deerskin...J
quote:
Originally posted by VNGNTN1:
MACH/MAV
General question BTLY. I tend to work formulas and refine them into a successful line of thinking.
Assuming $ are not a factor.
Asuuming the greater $ the higher risk
What relationship in volume/price & # shares does it take to make a reasonable deal in pennys. Use BTLY for example. ( probably forget some other factors)
quote:
Originally posted by Joshua:
Mach, received your e-mail.
Thanks very much.If you don't get my mail, check this article. http://www.forbes.com/forbes/2003/1013/066.html
on naked shorting. I think it worth reading it.
We have at least 100 more Naked shorted opportunities to find.
J
quote:
Originally posted by Joshua:
Mach, received your e-mail.
Thanks very much.If you don't get my mail, check this article. http://www.forbes.com/forbes/2003/1013/066.html
on naked shorting. I think it worth reading it.
We have at least 100 more Naked shorted opportunities to find.
J
"...Iraq and Kuwait last month agreed that the Gulf Arab state would supply Baghdad with refined oil products to help alleviate severe winter shortages.
Aon said that Kuwait was ready to supply Iraq with the additional one million litres of kerosene a day it had asked for during the committee meeting.
He said barter could be the basis for paying for the natural gas from Iraq, but added that this issue will be discussed later.
..."
Can you imagine if BTLY gets involve in this type of operations.
Just dreaming.
Good night to all.
J
Barter is a great way for companies to use their spare resources to generate a mutual gain with another company. That's the trick to the barter system, if I have extra bandwidth to the Internet and extra space on my webserver that are not being used but I'm having to pay for anyway, why not then get the full use of a copy machine with free toner refills and free service technician time? I know that the copier I got, while nearly in new condition, was from a brand line that the copy machine company no longer carried and thus they could not rent or perform manufacturer's service on the unit for a paying client anymore. I got to get some value for the bandwidth that I would pay for anyway, and they got to use that bandwidth while getting to get rid of a supply of toner that was costing them warehouse space and inventory taxes that they could no longer sell. Win-win all the way around. Thus the powerful potential for this company, think of this type of resource utilization spread nationally/worldwide.
From a different angle, I'm a SCUBA diver and love to travel internationally. If I were to find a resort that needed a network consultant to help with their systems and a dive operation in the same need in the same location, I could barter out my expertise for free lodging and free boat rides to dive sites and spend a little bit of my vacation doing something that would be of equal value to them. If the room was going to be empty anyway, and an extra person can be put on a boat without hassle, why not? They don't lose money because there was no profit potential in empty spaces and I lose nothing other than a few hours of my vacation which I'd probably snooze away anyway - everyone gets something of value, and none of us are out any cash. Again a win-win.
That's what this company is doing, with an ease of resource access similar to Ebay, only without having to expend actual cash for the resources.
One happy fundamentals guy here.
Bentley Communications Corporation to Target Iraqi Reconstruction with Barter and Trade Alliances
Monday December 15, 6:03 am ET
LOS ANGELES--(BUSINESS WIRE)--Dec. 15, 2003--Bentley Communications Corporation (OTCBB:BTLY - News), the emerging leader in the online barter industry, today announced that it is in discussions with several entities in the Middle East, including Iraq, that are interested in establishing a network of barter exchanges that plan to focus on providing alternative capital initiatives to companies that can provide goods and services targeting the reconstruction of Iraq.
http://biz.yahoo.com/bw/031215/155357_1.html
quote:
Originally posted by Joshua:
Guys check this.
http://www.forbes.com/newswire/2003/12/12/rtr1179022.html"...Iraq and Kuwait last month agreed that the Gulf Arab state would supply Baghdad with refined oil products to help alleviate severe winter shortages.
Aon said that Kuwait was ready to supply Iraq with the additional one million litres of kerosene a day it had asked for during the committee meeting.
He said barter could be the basis for paying for the natural gas from Iraq, but added that this issue will be discussed later.
..."Can you imagine if BTLY gets involve in this type of operations.
Just dreaming.
Good night to all.
J
quote:
Originally posted by chrispete:
I registered with and logged into BTLY's system earlier tonight and it is really well set up, I can see great potential for
their barter system. Being a businessman in a small town environment, I can tell you that barter can sometimes make or break a company - many times when I had my Internet
service provider, I bartered for things that I wasn't willing to pay for such as a a snazzy copy machine, coffee service, sometimes rent on our facilities, software and even mission critical things such as server parts, and more.Barter is a great way for companies to use their spare resources to generate a mutual gain with another company. That's the trick to the barter system, if I have extra bandwidth to the Internet and extra space on my webserver that are not being used but I'm having to pay for anyway, why not then get the full use of a copy machine with free toner refills and free service technician time? I know that the copier I got, while nearly in new condition, was from a brand line that the copy machine company no longer carried and thus they could not rent or perform manufacturer's service on the unit for a paying client anymore. I got to get some value for the bandwidth that I would pay for anyway, and they got to use that bandwidth while getting to get rid of a supply of toner that was costing them warehouse space and inventory taxes that they could no longer sell. Win-win all the way around. Thus the powerful potential for this company, think of this type of resource utilization spread nationally/worldwide.
From a different angle, I'm a SCUBA diver and love to travel internationally. If I were to find a resort that needed a network consultant to help with their systems and a dive operation in the same need in the same location, I could barter out my expertise for free lodging and free boat rides to dive sites and spend a little bit of my vacation doing something that would be of equal value to them. If the room was going to be empty anyway, and an extra person can be put on a boat without hassle, why not? They don't lose money because there was no profit potential in empty spaces and I lose nothing other than a few hours of my vacation which I'd probably snooze away anyway - everyone gets something of value, and none of us are out any cash. Again a win-win.
That's what this company is doing, with an ease of resource access similar to Ebay, only without having to expend actual cash for the resources.
One happy fundamentals guy here.
I'd jump in for a quick fix... but still hanging long with PGHI. Don't want to get so greedy I lose my ride on VeeGeez
I wonder how you can find out who is going to be changing their symbol in the near future? That would be a good trading strategy.
Best of luck to you guys and gals!
They have a fairly decent supply of examples and detail. I especially liked the Real Estate example... this allows for some very creative financing opportunities.
GLTA!
Ralph
1.) DI+ is trending up (buyers)
2.) DI- (sellers) is trending down as is ADX for DI-
3.) PPS/trading is trending up and touching the upper Bollinger Band
4.) Volume of buyers has picked up significantly
5.) Slow STO is at 50 and trending up. At 65 is a huge point for breakouts.
This is my first official post of a TA. So take it for what its worth. But with a name change and a huge potential... this looks just about as good as PGHI.
dz
/
quote:
Originally posted by cabbage22:
This is one of the best Naked Shorting articles I've read, great find. I wonder if the shares I hold are REAL, or just created, makes you think.
[This message has been edited by denzen (edited January 08, 2004).]
If we get a PR regarding Iraq Bartering operations, this would be great!
Comisions on GAS supply will be enormous.
Amazing. !
GLTA today.
Josh
Thanks for your great post and DD. It was greatly appreciated. Looking good. mach
quote:
Originally posted by COOLORANGEFREEZE:
Even though I'm not in I'll contribute with my favorite chart settings... and they speak volumes about BTLY.
daclyyay[pb200!d20,2][vc60][iUl14!Lh14,3]&pref=G]http://stockcharts.com/def/servlet/SC.web?c=BTLY,uu[h,a]daclyyay[pb200 !d20,2][vc60][iUl14!Lh14,3]&pref=G1.) DI+ is trending up (buyers)
2.) DI- (sellers) is trending down as is ADX for DI-
3.) PPS/trading is trending up and touching the upper Bollinger Band
4.) Volume of buyers has picked up significantly
5.) Slow STO is at 50 and trending up. At 65 is a huge point for breakouts.This is my first official post of a TA. So take it for what its worth. But with a name change and a huge potential... this looks just about as good as PGHI.
quote:
Originally posted by COOLORANGEFREEZE:
WOW! You guys are a GREAT team... Mach, Mav, Cabbage, etc.. You do some great research. All the posters here.I'd jump in for a quick fix... but still hanging long with PGHI. Don't want to get so greedy I lose my ride on VeeGeez
I wonder how you can find out who is going to be changing their symbol in the near future? That would be a good trading strategy.
Best of luck to you guys and gals!
quote:
Originally posted by FlyWolf:
For some additional examples of how barter can be used by various industries, I highly recommend a look at this part of Bentley's site: (keep clicking "learn more")
http://bentley.vbarter.com/about/whatis.htmlThey have a fairly decent supply of examples and detail. I especially liked the Real Estate example... this allows for some very creative financing opportunities.
GLTA!
Ralph
THIS IS A MUST READ FOR ALL!!!!!!!!
BTLY TECH ANALYSIS 101
HOPE THIS HELPS U SEE WHAT THE TECHIES SEE HAPPENING SOON
KEEP IN MIND TECH ANALYSIS HELPS ELIMINATE ALL THE “NOISE” IN THE MARKET. IT HELPS YOU “SEE” EXACTLY WHAT IS OCCURING. PRICE MOVEMENT IS A REAL TIME COMBINATION OF ALL THE POSITIVES AND NEGATIVES OF A COMPANY. TECH ANALYSIS HELPS YOU INTERPRET AND FORECAST MOVEMENT. THIS IS WHAT I SEE HAPPENING. AND HERES AN EXPLANATION TO HELP.
POSITIVE DIVERGENCE
For the past month BTLY has been consolidating after a runup to .047 from .01. There was “profit taking” until .023… where it bounced… it bouced up and then retested .023 a second time and then a third for just a brief period. This is often described as a double or triple bottom. The bears “sellers” were unable to bring it past .023 and thus it became the new floor after three attempts! Does that make sense… When a stock runs out of sellers… then the bulls “gradually” seize control again. Get it… less sellers… more buyers… prices rises. Aha!
Positive Divergence is when you see the price consolidating down… and a technical indicator such as MACD(Moving Average Convergence Divergence) moving up! Notice on Mavs chart that MACD has been moving up for the past 4 weeks even when consolidation was occurring. This is accumulation and is bullish… even though… Here’s more detail on positive divergence… Hope it helps… but read on… this will help you out big time!!!!!!!!!!!!!
**************************************
A divergence occurs when two lines on a chart move in opposite directions vertically. For instance, if a stock's price has been moving lower for several days but, at the same time, its 50-day moving average has been rising, the stock is said to be diverging from its moving average.
Divergences between a stock and one of its indicators are common and often occur before a stock changes direction. People often look for divergences by comparing a stock's direction to the direction of its RSI, its MACD or its Stochastic Oscillator. Other indicators and oscillators can also be used.
There are two kinds of divergences: positive and negative. A positive divergence occurs when the indicator moves higher at the same time the stock is declining. A negative divergence occurs when the indicator moves lower as the stock continues to rise.
*********************
So we have POSITIVE DIVERGENCE OCCURING… but is tech analysis always right. Often but not always. What you do is use other tech analysis technique to confirm the positive divergence. One that people use often is VOLUME. You can see by the on-balance volume of BTLY that it has been gradually increasing… confirming a reversal in the consolidation.
Another BIG CONFIRMATION…….. COMING SOON!!!!!!! MACD CROSSOVER CENTERLINE! LOOK AT THE CHART! CAN YOU SEE IT! MAV MAPPED IT OUT! We have Positive Divergence upon the 0.00 centerline. When the crossover occurs… the BULLS WILL BE IN FULL CONTROL and this baby will move! Here’s a little more detail! Read on! Hope this helps you… Remember you can read all the news… listen to all the opinions of everyone in the world… but what the techs do is help look at all that information… at one time… within minutes and make a buy/sell decision! If you have any questions… off the board: email: machtabow@yahoo.com mach
Confirmation
Confirmation is a subsequent signal that validates a position stance. Traders and investors sometimes look for more than one signal or require validation before acting. For example: confirmation of a trend change may entail an advance past the previous reaction high. For an indicator such as MACD, confirmation of a divergence may be a subsequent moving average crossover.
A centerline crossover is sometimes interpreted as a buy or sell signal. A buy signal would be generated with a cross above the centerline and a sell signal with a cross below the centerline. For MACD or ROC, a cross above or below zero would act as a signal.
Movements above or below the centerline indicate that momentum has changed from either positive to negative or negative to positive. When a centered momentum oscillator advances above its centerline, momentum turns positive and could be considered bullish. When a centered momentum oscillator declines below its centerline, momentum turns negative and could be considered bearish.
quote:
Originally posted by Mav:
Mach, I have been looking at the BTLY chart and I think i found a triple bottom area around 0.023 forming a floor there. Could you please help me here or Cabbage to check if this is right ?. Bellow you have a chart. Thank you.
!------------------
"... For the things which are seen are temporary, but the things which are
not seen are eternal." 2 Cor. 4:18
___________________________________________
Date Open High Low Last Change Volume % Change
01/07/04 0.03 0.03 0.03 0.03 +0.00 5596300 +4.07%
Composite Indicator
Trend Spotter (TM) Sell
Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Hold
20 - 50 Day MACD Oscillator Hold
20 Day Bollinger Bands Hold
Short Term Indicators Average: 40% - Buy
20-Day Average Volume - 1331740
Medium Term Indicators
40 Day Commodity Channel Index Hold
50 Day Moving Average vs Price Hold
20 - 100 Day MACD Oscillator Hold
50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 25% - Buy
50-Day Average Volume - 2090194
Long Term Indicators
60 Day Commodity Channel Index Hold
100 Day Moving Average vs Price Hold
50 - 100 Day MACD Oscillator Hold
Long Term Indicators Average: - Hold
100-Day Average Volume - 2663426
Overall Average: 16% - Buy
Price Support Pivot Point Resistance
0.03 0.02 0.03 0.03
[This message has been edited by breakout (edited January 08, 2004).]
Please Remove B*****D. He/she is disrupting all threads. And members are becoming very upset. Its great to offer great DD... but to go through threads and attack people and make comments such as "this suckz" is adolescent and needs to stay off the allstocks thread. Please. Thank you.
Reply from allstocks:
User has been banned.
[This message has been edited by machtabow (edited January 08, 2004).]
quote:
Originally posted by breakout:
Mach, 'been gone awhile, but I've been holding BTLY, was wondering why there wasn't more discussion on it. I know it's bounced around in the .02's for a while, but IDNW (GBLT now) did the same thing, though for a shorter time and at a little higher price.
The barchart com website doesn't have that high opinion of BTLY, but I think this will be one case where their opinion is proved wrong.
Thanks for all the great tech analysis. I know it takes work to learn, but with the examples you guys give a new member could almost learn TA by osmosis on this board
BTW, members might want to check out PLKC, I think it's one of mullets picks.
Good luck all members !!!
quote:
Originally posted by chrispete:From a different angle, I'm a SCUBA diver and love to travel internationally. If I were to find a resort that needed a network consultant to help with their systems and a dive operation in the same need in the same location, I could barter out my expertise for free lodging and free boat rides to dive sites and spend a little bit of my vacation doing something that would be of equal value to them. If the room was going to be empty anyway, and an extra person can be put on a boat without hassle, why not? They don't lose money because there was no profit potential in empty spaces and I lose nothing other than a few hours of my vacation which I'd probably snooze away anyway - everyone gets something of value, and none of us are out any cash. Again a win-win.
That's what this company is doing, with an ease of resource access similar to Ebay, only without having to expend actual cash for the resources.
One happy fundamentals guy here.
------------------
"... For the things which are seen are temporary, but the things which are
not seen are eternal." 2 Cor. 4:18
------------------
"... For the things which are seen are temporary, but the things which are
not seen are eternal." 2 Cor. 4:18
------------------
"... For the things which are seen are temporary, but the things which are
not seen are eternal." 2 Cor. 4:18
quote:
Originally posted by breakout:
If NITE would just get off that .03 ask, we
have .031's lined up. At least we have a .029
bid today.
Good luck all members !!!
[This message has been edited by Mav (edited January 08, 2004).]
[This message has been edited by Mav (edited January 08, 2004).]
BTLY will get past .03, keep in mind .03 is a big resistence point- and we are already testing it. Once it is broken, we will see some great movement IMO
Den
quote:
Originally posted by cabbage22:
Good morning everyone! Every one of my stocks are up today so Im in a good mood.BTLY will get past .03, keep in mind .03 is a big resistence point- and we are already testing it. Once it is broken, we will see some great movement IMO
quote:
Originally posted by breakout:
If NITE would just get off that .03 ask, we
have .031's lined up. At least we have a .029
bid today.
Good luck all members !!!
quote:
Originally posted by denjohn1000:
I don't know if you guys saw it, but the ask went to .031 for about 3 secs, 15 minutes ago.Den
quote:
Originally posted by machtabow:
Bringing this back to the top. Only a few of the many tech indicators... Take care. machTHIS IS A MUST READ FOR ALL!!!!!!!!
BTLY TECH ANALYSIS 101HOPE THIS HELPS U SEE WHAT THE TECHIES SEE HAPPENING SOON
KEEP IN MIND TECH ANALYSIS HELPS ELIMINATE ALL THE “NOISE” IN THE MARKET. IT HELPS YOU “SEE” EXACTLY WHAT IS OCCURING. PRICE MOVEMENT IS A REAL TIME COMBINATION OF ALL THE POSITIVES AND NEGATIVES OF A COMPANY. TECH ANALYSIS HELPS YOU INTERPRET AND FORECAST MOVEMENT. THIS IS WHAT I SEE HAPPENING. AND HERES AN EXPLANATION TO HELP.
POSITIVE DIVERGENCE
For the past month BTLY has been consolidating after a runup to .047 from .01. There was “profit taking” until .023… where it bounced… it bouced up and then retested .023 a second time and then a third for just a brief period. This is often described as a double or triple bottom. The bears “sellers” were unable to bring it past .023 and thus it became the new floor after three attempts! Does that make sense… When a stock runs out of sellers… then the bulls “gradually” seize control again. Get it… less sellers… more buyers… prices rises. Aha!Positive Divergence is when you see the price consolidating down… and a technical indicator such as MACD(Moving Average Convergence Divergence) moving up! Notice on Mavs chart that MACD has been moving up for the past 4 weeks even when consolidation was occurring. This is accumulation and is bullish… even though… Here’s more detail on positive divergence… Hope it helps… but read on… this will help you out big time!!!!!!!!!!!!!
**************************************
A divergence occurs when two lines on a chart move in opposite directions vertically. For instance, if a stock's price has been moving lower for several days but, at the same time, its 50-day moving average has been rising, the stock is said to be diverging from its moving average.
Divergences between a stock and one of its indicators are common and often occur before a stock changes direction. People often look for divergences by comparing a stock's direction to the direction of its RSI, its MACD or its Stochastic Oscillator. Other indicators and oscillators can also be used.
There are two kinds of divergences: positive and negative. A positive divergence occurs when the indicator moves higher at the same time the stock is declining. A negative divergence occurs when the indicator moves lower as the stock continues to rise.
*********************
So we have POSITIVE DIVERGENCE OCCURING… but is tech analysis always right. Often but not always. What you do is use other tech analysis technique to confirm the positive divergence. One that people use often is VOLUME. You can see by the on-balance volume of BTLY that it has been gradually increasing… confirming a reversal in the consolidation.
Another BIG CONFIRMATION…….. COMING SOON!!!!!!! MACD CROSSOVER CENTERLINE! LOOK AT THE CHART! CAN YOU SEE IT! MAV MAPPED IT OUT! We have Positive Divergence upon the 0.00 centerline. When the crossover occurs… the BULLS WILL BE IN FULL CONTROL and this baby will move! Here’s a little more detail! Read on! Hope this helps you… Remember you can read all the news… listen to all the opinions of everyone in the world… but what the techs do is help look at all that information… at one time… within minutes and make a buy/sell decision! If you have any questions… off the board: email: machtabow@yahoo.com mach
Confirmation
Confirmation is a subsequent signal that validates a position stance. Traders and investors sometimes look for more than one signal or require validation before acting. For example: confirmation of a trend change may entail an advance past the previous reaction high. For an indicator such as MACD, confirmation of a divergence may be a subsequent moving average crossover.A centerline crossover is sometimes interpreted as a buy or sell signal. A buy signal would be generated with a cross above the centerline and a sell signal with a cross below the centerline. For MACD or ROC, a cross above or below zero would act as a signal.
Movements above or below the centerline indicate that momentum has changed from either positive to negative or negative to positive. When a centered momentum oscillator advances above its centerline, momentum turns positive and could be considered bullish. When a centered momentum oscillator declines below its centerline, momentum turns negative and could be considered bearish.
CEO Predicts Globally Web-Linked Barter Companies
By Petr Koubsky
Steven White, president and CEO of International Barter Corp. (IBC), predicted that barter companies will soon be linking worldwide over the Internet to enable international barter operations.
He delivered a seminar entitled "Trading Beyond The Year 2000" at the National Association of Trade Exchanges (NATE) ....
"There are two significant trends that are changing the face of retail barter," White said. "First, many of the 400 independent barter company owners in the US and Canada are now recognizing the benefits of consolidation. Second, the barter industry is learning to embrace and utilize the Internet, to capitalize on the predicted thousand per cent increase in goods and services ......"
Already, barter companies are creating innovative Web sites and putting their client directories on the Web. They are soon expected to link to each other, thus expanding the regional availability of goods and services to the member businesses. The result, according to IBC, will be added revenue and profitability for all.
The forthcoming link-up of barter companies will cause "an explosion in the growth of retail barter, far exceeding industry forecasts," said White......
quote:
Originally posted by Mav:
I can see more buying pressure @0.03 ...
.0297 x .03 LOL
Talk about hair splitting!
quote:
Originally posted by Mav:
I can see more buying pressure @0.03 ...
quote:
Originally posted by cabbage22:
when is NITE going to learn not to trade against the market, hehehe
BTLY is doing great, still buying pressure at .03 and hardly any selling.
quote:
Originally posted by denzen:
Mach and Mav, you guys have expounded on the triple bottom. Will you please take a look at PRVH. I see it forming one now at @ .20 and thats a cheap price to pay for a company that is earning .05/sh. profit last quarter and probably the next couple also.They are also going to pay a 20% div. mid summer. They have been as high as.38 just last Nov.
Thanks dz
quote:
Originally posted by cabbage22:
PRVH is one to keep an eye on, try not to pick bottoms though, wait till it has moved.BTLY is doing great, still buying pressure at .03 and hardly any selling.
quote:
Originally posted by cabbage22:
PRVH is one to keep an eye on, try not to pick bottoms though, wait till it has moved.BTLY is doing great, still buying pressure at .03 and hardly any selling.
/
quote:
Originally posted by cabbage22:
PRVH is one to keep an eye on, try not to pick bottoms though, wait till it has moved.BTLY is doing great, still buying pressure at .03 and hardly any selling.
Tomorrow and Monday should be interesting.
PSU
As I understand more, the more confident I am with the world of trading/investing.
quote:
Originally posted by machtabow:
coolorngefreeze,Thanks for your great post and DD. It was greatly appreciated. Looking good. mach
------------------
"... For the things which are seen are temporary, but the things which are
not seen are eternal." 2 Cor. 4:18
[This message has been edited by breakout (edited January 08, 2004).]
[This message has been edited by breakout (edited January 08, 2004).]
quote:
Originally posted by zo:
Sorry again...I also hold BTLY...But only 25000 shares...But just wanted to make sure everyone knows about GBMI...zo...
quote:
Originally posted by breakout:
PSU, I think you're right on with your assessment of the situation. We've seen this before, right before a big run, where supposedly NOTHING was going on (and I'm NOT SAYING A BIG RUN IS GOING TO OCCUR.... But, I do think something's going on, and it's as you stated, trying to shake out weak hands; I mean, I'll surely admit that in the far past, I've seen situations like this, and I just said "well, whatever [for lack of the real term]", and sold just to get back even, or a little bit ahead, or even at a loss. I strongly think that's what we're seeing right now. Low volume, drop in ask, albeit small, and just the total psychological factor of "nothing's happening here, so sell !!!", and we have the perfect setup for the MM's. And no, I don't adhere to any conspiracy theories, but I do believe that everyone is on his own, and if the MM's, or anyone else, can seed fear and lack of conviction regarding a stock, they'll do it, knowing they'll make a killing in the future.
I would tell all members to hold your positions, regardless. This is just one day, and tomorrow may be worse, but I don't think this can last too long.
Anyway, JMHO !!!!!
Good luck all members !!!
quote:
Originally posted by zo:
Sorry again...I also hold BTLY...But only 25000 shares...But just wanted to make sure everyone knows about GBMI...zo...
[QUOTE]Originally posted by breakout:
[B]PSU, I think you're right on with your assessment of the situation. We've seen this before, right before a big run......
quote:
Originally posted by scott3283r:
any idea when btly may move to o.o4 or 0.05?
newbee
quote:
Originally posted by denzen:
Mach and Mav, you guys have expounded on the triple bottom. Will you please take a look at PRVH. I see it forming one now at @ .20 and thats a cheap price to pay for a company that is earning .05/sh. profit last quarter and probably the next couple also.They are also going to pay a 20% div. mid summer. They have been as high as.38 just last Nov.
Thanks dz
dz
/
quote:
Originally posted by machtabow:
Hey team, Just got back from sending more money to my new FREETRADE ACCOUNT. Thanks to the suggestion of PSU. My highest recommendaton... I had orders in for shares yesterday with Etrade and they were never filled... ever... all day. I placed an order below my ETRADE bid via Freetrade and was filled within 10 seconds! Really! This is true! Etrade is a horrible brokerage. I could say more... but im gradually taking all of my money and placing it in freetrade. Etrade did not deserve the $30000 ive paid them to execute my 3000 plus trades with them. Take care! mach
quote:
Originally posted by denzen:
Hmmm. I use Etrade and have been frustrated by the execution of trades. What's the best way to transfer or I should ask can I transfer positions and funds quickly?dz
/
quote:
Originally posted by Mav:
MMs try to make a fake. hahaha.
quote:
Originally posted by machtabow:
Denzen... I trade with two ETRADE accounts... one for a family member. It is a rip off! I realized talking to MAV realtime whom has Ameritrade... that his executions were lightening fast compared to my turtle walk... I often waited for hours only to listen to Mav tell me that he was filled within minutes. I did the research and learned Ameritrade & Freetrade by Ameritrade have Auto Routing... which means it goes to the first available MM or ECN for execution. Whereas Etrade has only two MM that work all BB stock trades. They need to physically work your order and make calls for execution!!!!!!!!! What a stinking joke! What a rip! I realized that I was losing thousands and paying this company to $10 a trade to lose thousands. i also looked at my 3000 trades and realized that I payed them $30000 and continue to pay them to not execute correctly! How often do you see Bid/Ask and place an order without execution. To make matters worse... their Customer Service will sweet talk you... but thats about it... calling them has been worthless. Nothing is ever accomplished. Also, My Visa Checkcard by Etrade never works for cash withdrawlsl... really I go... try to take out cash... and it doesn't work... I have much money in these accounts... and i can not take out a few hundred dollars.... To top it off... yesterday I learned that they debited my account $400 bucks for a atm transaction that never worked! I hate Etrade! I encourage all to change to Freetrade... this is real money we are talking about! You could be a victim as I have realized I am. Freetrade gives you 20 freetrades per month! Thats $200 in the bank and then only charges you a few dollars per trade afterward! This is a must for all daytraders of penny stock! And no its fairly easy to open an account... You can transfer everything pretty fast... though I continue wiring in money! Take care! I'd love to learn of every single person that changes from Etrade to Freetrade... it will make me feel better. They do not deserve our business. Seriously! mach
I use Ameritrade.. but I'm quite interested to know more about Freetrade. It sounds really good. Did you say Freetrade was by Ameritrade? A subsidiary?
Can anyone compare these two? I must say that I really like Ameritrade's Streamer, Last Sale and Level Two java screens.
The only thing I dislike is that it appears I can only have one level 2 screen open at one time... covering 1 stock at a time. Same with the last trade.
Come to think of it, I should probably use both.. Freetrade to make the trades and Ameritrade to track the market.
Does Freetrade offer any cool tools to view what's happening? (Real time Level II, Last Sale, etc.)
Looking forward to good things with BTLY!
Ralph
[This message has been edited by FlyWolf (edited January 08, 2004).]
quote:
Originally posted by chrispete:
Hrm, Ameritrade will allow you to hold open 3x lvl II quotes simultaneously from either the command center or the streamer console.
Hey,
You're right! What about the Last Sale feature? I could never get it to show more than one at a time... so I assumed Level II was the same way.
Thanks again,
Ralph
I think its certainly worth saving $11 per trade if you do not use customer service. With Freetrade they have only online customer service... but it's very fast and thourough.
Imho... the speed of Ameritrade with Ameritrade tools plus 20 free trades plus $1, $2, $3 afterward as per their commission schedule. It's really nice. PSU pointed this out to me. And i tested the speed. Wow! 20 times faster fills than Etrade! Take care. mach
quote:
Originally posted by FlyWolf:
I use Ameritrade.. but I'm quite interested to know more about Freetrade. It sounds really good. Did you say Freetrade was by Ameritrade? A subsidiary?Can anyone compare these two? I must say that I really like Ameritrade's Streamer, Last Sale and Level Two java screens.
The only thing I dislike is that it appears I can only have one level 2 screen open at one time... covering 1 stock at a time. Same with the last trade.
Come to think of it, I should probably use both.. Freetrade to make the trades and Ameritrade to track the market.
Does Freetrade offer any cool tools to view what's happening? (Real time Level II, Last Sale, etc.)
Looking forward to good things with BTLY!
Ralph
[This message has been edited by FlyWolf (edited January 08, 2004).]
[This message has been edited by BetNitAll (edited January 08, 2004).]
PSU
quote:
Originally posted by machtabow:
Hey team, Just got back from sending more money to my new FREETRADE ACCOUNT. Thanks to the suggestion of PSU. My highest recommendaton... I had orders in for shares yesterday with Etrade and they were never filled... ever... all day. I placed an order below my ETRADE bid via Freetrade and was filled within 10 seconds! Really! This is true! Etrade is a horrible brokerage. I could say more... but im gradually taking all of my money and placing it in freetrade. Etrade did not deserve the $30000 ive paid them to execute my 3000 plus trades with them. Take care! mach
The tools are the same. The difference being that if you qualify for Ameritrade Apex, you get them free. With Freetrade you will have to pay for level 2, streamer, advanced analyzer etc. But think about it. 20 free trades is $240/month. That will more than pay for the tools.
Check them out at: www.freetrade.com
PSU
quote:
Originally posted by FlyWolf:
I use Ameritrade.. but I'm quite interested to know more about Freetrade. It sounds really good. Did you say Freetrade was by Ameritrade? A subsidiary?Can anyone compare these two? I must say that I really like Ameritrade's Streamer, Last Sale and Level Two java screens.
The only thing I dislike is that it appears I can only have one level 2 screen open at one time... covering 1 stock at a time. Same with the last trade.
Come to think of it, I should probably use both.. Freetrade to make the trades and Ameritrade to track the market.
Does Freetrade offer any cool tools to view what's happening? (Real time Level II, Last Sale, etc.)
Looking forward to good things with BTLY!
Ralph
[This message has been edited by FlyWolf (edited January 08, 2004).]
BTLY - BENTLEY COMMS (OTCBB)
Date Open High Low Last Change Volume % Change
01/08/04 0.0300 0.0300 0.0270 0.0295 +0.0014 2129661 +4.98%
Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Hold
20 - 50 Day MACD Oscillator Hold
20 Day Bollinger Bands Hold
Short Term Indicators Average: 40% - Buy
20-Day Average Volume - 1331740
Medium Term Indicators
40 Day Commodity Channel Index Hold
50 Day Moving Average vs Price Hold
20 - 100 Day MACD Oscillator Hold
50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 25% - Buy
50-Day Average Volume - 2090194
Long Term Indicators
60 Day Commodity Channel Index Hold
100 Day Moving Average vs Price Hold
50 - 100 Day MACD Oscillator Hold
Long Term Indicators Average: - Hold
100-Day Average Volume - 2663426
Overall Average: 16% - Buy
Any one think more?
PSU
quote:
Originally posted by scott3283r:
I look foward to a nice take home!! i think we could see .006 buy mid day monday!!!Any one think more?
quote:
Originally posted by VNGNTN1:
YEP
On one side you got cheap online systems @$7=11 and on the other you got fast,great fills @ $35. What does one do ?????????????
quote:
Originally posted by PSU90:
I hope you meant .06! <G>! IMO it all depends on volume. I'm anxious to see how interest picks up tomorrow and Monday. The comparisons we've been able to find for symbol changes all seem to show that .06 is possible....and potentially more! Some positive PR with at the time of change would be a nice plus too!PSU
quote:
Originally posted by machtabow:
Next week will be very interesting indeed. Techs are looking strong and stronger. Wouldn't be suprised if we had a "huge" pr Monday along with the Cusip and name change. Take Care. Mach
Look at the chart! It says it all. Look for the MACD centerline crossover likely Monday!
http://stockcharts.com/def/servlet/SC.web?c=BTLY,uu[m,a]daclyyay[da][pb50!b200][vc60][iUb14!La12,26,9]&pref=G
[This message has been edited by machtabow (edited January 08, 2004).]
quote:
Originally posted by machtabow:
Mav, I won't say too much more! For those who are in... I see great rewards soon! If anyone read my BTLY Tech analysis 101 post... you can see... today how close the MACD is to moving beyond the Centerline! We shall see how bullish this is when that occurs! Take care. Patience will pay big time! machLook at the chart! It says it all. Look for the MACD centerline crossover likely Monday!
daclyyay[da][pb50!b200][vc60][iUb14!La12,26,9]&pref=G]http://stockcharts.com/def/servlet/SC.web?c=BTLY,uu[m,a]daclyyay[ da][pb50!b200][vc60][iUb14!La12,26,9]&pref=G[This message has been edited by machtabow (edited January 08, 2004).]
quote:
Originally posted by Mav:
Mach, indeed great looking chart!!, by the way it looks, be ready for some move. By those accumulating already... good move.
When the RSI moves' to 50 is that a good sign? Newbie here so would like to know what 30 50 and 70 mean???
Thanks for you help
quote:
Originally posted by machtabow:
Mav, As I've said with PGHI when it was trading below .03 on December 16... be patient... it will happen... Within two weeks it did happen... and many gained 100%. Techs are never 100% but have proved to help me gain substantially! Take care. mach
quote:
Originally posted by denzen:
Tommorow it goes to .042 and Monday on to .063. That's what I'm looking for.
dz
quote:
Originally posted by cndboy:
Hey Team,When the RSI moves' to 50 is that a good sign? Newbie here so would like to know what 30 50 and 70 mean???
Thanks for you help
daclyyay[da][pb50!b200][vc60][iUb14!La12,26,9]&pref=G]http://stockcharts.com/def/servlet/SC.web?c=BTLY,uu[m,a]daclyyay[ da][pb50!b200][vc60][iUb14!La12,26,9]&pref=G
quote:
Originally posted by cndboy:
Hey Team,When the RSI moves' to 50 is that a good sign? Newbie here so would like to know what 30 50 and 70 mean???
Thanks for you help
Nice to see a change for the positive.
quote:
Originally posted by Mav:
We are looking good, patience is the key here, next week is very soon.BTLY - BENTLEY COMMS (OTCBB)
Date Open High Low Last Change Volume % Change
01/08/04 0.0300 0.0300 0.0270 0.0295 +0.0014 2129661 +4.98%Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Hold
20 - 50 Day MACD Oscillator Hold
20 Day Bollinger Bands Hold
Short Term Indicators Average: 40% - Buy
20-Day Average Volume - 1331740
Medium Term Indicators
40 Day Commodity Channel Index Hold
50 Day Moving Average vs Price Hold
20 - 100 Day MACD Oscillator Hold
50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 25% - Buy
50-Day Average Volume - 2090194
Long Term Indicators
60 Day Commodity Channel Index Hold
100 Day Moving Average vs Price Hold
50 - 100 Day MACD Oscillator Hold
Long Term Indicators Average: - Hold
100-Day Average Volume - 2663426
Overall Average: 16% - Buy
Check out CEVA they changed their name & CUSIP news out 11/25/2003 look at the chart.
http://stockcharts.com/def/servlet/SC.web?c=CEVA,uu[w,a]daclyyay[db][pb50!b200!f][vc60][iut!Ub14!La12,26,9]&pref=G
News article; http://www.embeddedstar.com/press/content/2003/11/embedded11667.html
May God Bless All.
But I'm am worried that without an actually Symbol change we won't see the increase in PPS that other stocks have had, like in the examples above.
This will be a very long weekend
Thanks,dz
/
quote:
Originally posted by Bam Bam 17:
Check out PAYD they changed their name & CUSIP news out 11/24/2003 look at the chart.
daclyyay[db][pb50!b200!f][vc60][iut!Ub14!La12,26,9]&pref=G]http://stockcharts.com/def/servlet/SC.web?c=payd,uu[w,a]dacl yyay[db][pb50!b200!f][vc60][iut!Ub14!La12,26,9]&pref=GCheck out CEVA they changed their name & CUSIP news out 11/25/2003 look at the chart.
daclyyay[db][pb50!b200!f][vc60][iut!Ub14!La12,26,9]&pref=G]http://stockcharts.com/def/servlet/SC.web?c=CEVA,uu[w,a]dacl yyay[db][pb50!b200!f][vc60][iut!Ub14!La12,26,9]&pref=GNews article; http://www.embeddedstar.com/press/content/2003/11/embedded11667.html
May God Bless All.
[This message has been edited by denzen (edited January 09, 2004).]
Lady
The point is as follows... read my lead on this thread. You can change symbols all day long... dosn't mean a whole lot. The point is that Bentley communications believes its stock has bee abused by MM's Naked Shorting. There are two ways to identify shareholders which in essence fights naked shorting. One is to issue a dividend to current shareholders on record. This was completed. The stock price rose significantly from a penny to .047! And since has consolidated again.
Did more naked shorting occur afterward... maybe... So BTLY decided to make a CUSIP NUMBER and name change... not a symbol change and asked shareholders on record to contact their brokers to make sure they get stock certificates.... You really need to look at the big picture... You can not say... well this company changed its name and it didn't move up a whole lot... or this company changed its name and it shot to the moon. There are many samples in which companies have gone up 100% plus on the day of the change. There are also many instances when companies only went up a little. The point is Naked Shorting.... By law... all MM need to cover Naked Short Positions when this occurs. If you have done your research or at least read my into to the thread... you will see that Bentley communications is among 106 companies currently fighting Naked Short selling. They believe there share price has been "Beat Down" by this tactic... and are in essence at war. I think thre is a good chance this will move big on Monday... but yes there are no guarantees.
Also keep in mind... the techs are telling you screaming to you right now...that this will not be .025 to .03 for too much longer. When the MACD line crosses .03 it will explode.. the price that is... This is easil identifiable on the charts which i continue to point out.
Finally... in general BTLY is a great company with a niche market in a Multi-Billion Dollar business. Huge contracts have been signed and are on the way...You will see great PR's very soon! Hope this helps! As always... do your DD... and make sure you are looking at the Big Picture... Don't assume A plus B always equals C... Look at all the factors... out there... combine them and do your DD. Take care. mach
quote:
Originally posted by denzen:
PAYD cusip change went into affect on Dec. 8th. There was only about a 15% rise in price the couple days before the 8th with the price reaching .23 and then the price went down steadily until it bottomed at .17 on the 21st of Dec.. Today reached high of .24
Thanks for the charts Bam Bam, that sobered me to the fact that it's not at all certain that just beacuse we are getting a cusip change we'll automatically get a GLBT type jump in price.Thanks,dz
/
[This message has been edited by denzen (edited January 09, 2004).]
[This message has been edited by machtabow (edited January 09, 2004).]
quote:
Originally posted by machtabow:
Well.... We are assuming that all stocks will jump when a symbol change happens... There are no guarntees... The point is as follows... read my lead on this thread. You can change symbols all day long... dosn't mean a whole lot. The point is that Bentley communications believes its stock has bee abused by MM's Naked Shorting. There is two ways to identify shareholders which in essence fights naked shorting. One is to issue a dividend to current shareholders on record. This was completed. The stock price rose significantly from a penny to .047! And since has consolidated again. Did more naked shorting occur afterward... maybe... So BTLY decided to make a CUSIP NUMBER and name change... not a symbol change and asked shareholders on record to contact their brokers to make sure they get stock certificates.... You really need to look at the big picture... You can not say... well this company changed its name and it didn't move up a whole lot... or this company changed its name and it shot to the moon. There are many samples in which companies have gone up 100% plus on the day of the change. There are also many instances when companies only went up a little. The point is Naked Shorting.... By law... all MM need to cover Naked Short Positions when this occurs. If you have done your research or at least read my into to the thread... you will see that Bentley communications is among 106 companies currently fighting Naked Short selling. They believe there company is being "Beat Down" by this tactic... and are in essence at war. I think thre is a good chance this will move big on Monday... but yes there are no guarantees. Also keep in mind... the techs are telling you screaming to you right now...that this will not be .025 to .03 for too much longer. When the MACD line crosses .03 it will explode.. the price that is... This is easil identifiable on the charts which i continue to point out. Finally... in general BTLY is a great company with a niche market in a Multi-Billion Dollar business. Huge contracts have been signed and are on the way...You will see great PR's very soon! Hope this helps! As always... do your DD... and make sure you are looking at the Big Picture... Don't assume A plus B always equals C... Look at all the factors... out there... combine them and do your DD. Take care. mach
Mach, very well said, and great clarification on the CUSIP change, this should clear up a lot of confusion for some. Great post as always.
quote:
Originally posted by Moose:
I'm buying more in the morning...gonna play the CUSIP change and then keep some shares for the long run.But I'm am worried that without an actually Symbol change we won't see the increase in PPS that other stocks have had, like in the examples above.
This will be a very long weekend
[This message has been edited by machtabow (edited January 09, 2004).]
*****************
THIS IS A MUST READ FOR ALL!!!!!!!!
BTLY TECH ANALYSIS 101
HOPE THIS HELPS U SEE WHAT THE TECHIES SEE HAPPENING SOON
KEEP IN MIND TECH ANALYSIS HELPS ELIMINATE ALL THE “NOISE” IN THE MARKET. IT HELPS YOU “SEE” EXACTLY WHAT IS OCCURING. PRICE MOVEMENT IS A REAL TIME COMBINATION OF ALL THE POSITIVES AND NEGATIVES OF A COMPANY. TECH ANALYSIS HELPS YOU INTERPRET AND FORECAST MOVEMENT. THIS IS WHAT I SEE HAPPENING. AND HERES AN EXPLANATION TO HELP.
POSITIVE DIVERGENCE
For the past month BTLY has been consolidating after a runup to .047 from .01. There was “profit taking” until .023… where it bounced… it bouced up and then retested .023 a second time and then a third for just a brief period. This is often described as a double or triple bottom. The bears “sellers” were unable to bring it past .023 and thus it became the new floor after three attempts! Does that make sense… When a stock runs out of sellers… then the bulls “gradually” seize control again. Get it… less sellers… more buyers… prices rises. Aha!
Positive Divergence is when you see the price consolidating down… and a technical indicator such as MACD(Moving Average Convergence Divergence) moving up! Notice on Mavs chart that MACD has been moving up for the past 4 weeks even when consolidation was occurring. This is accumulation and is bullish… even though… Here’s more detail on positive divergence… Hope it helps… but read on… this will help you out big time!!!!!!!!!!!!!
**************************************
A divergence occurs when two lines on a chart move in opposite directions vertically. For instance, if a stock's price has been moving lower for several days but, at the same time, its 50-day moving average has been rising, the stock is said to be diverging from its moving average.
Divergences between a stock and one of its indicators are common and often occur before a stock changes direction. People often look for divergences by comparing a stock's direction to the direction of its RSI, its MACD or its Stochastic Oscillator. Other indicators and oscillators can also be used.
There are two kinds of divergences: positive and negative. A positive divergence occurs when the indicator moves higher at the same time the stock is declining. A negative divergence occurs when the indicator moves lower as the stock continues to rise.
*********************
So we have POSITIVE DIVERGENCE OCCURING… but is tech analysis always right. Often but not always. What you do is use other tech analysis technique to confirm the positive divergence. One that people use often is VOLUME. You can see by the on-balance volume of BTLY that it has been gradually increasing… confirming a reversal in the consolidation.
Another BIG CONFIRMATION…….. COMING SOON!!!!!!! MACD CROSSOVER CENTERLINE! LOOK AT THE CHART! CAN YOU SEE IT! MAV MAPPED IT OUT! We have Positive Divergence upon the 0.00 centerline. When the crossover occurs… the BULLS WILL BE IN FULL CONTROL and this baby will move! Here’s a little more detail! Read on! Hope this helps you… Remember you can read all the news… listen to all the opinions of everyone in the world… but what the techs do is help look at all that information… at one time… within minutes and make a buy/sell decision! If you have any questions… off the board: email: machtabow@yahoo.com mach
Confirmation
Confirmation is a subsequent signal that validates a position stance. Traders and investors sometimes look for more than one signal or require validation before acting. For example: confirmation of a trend change may entail an advance past the previous reaction high. For an indicator such as MACD, confirmation of a divergence may be a subsequent moving average crossover.
A centerline crossover is sometimes interpreted as a buy or sell signal. A buy signal would be generated with a cross above the centerline and a sell signal with a cross below the centerline. For MACD or ROC, a cross above or below zero would act as a signal.
Movements above or below the centerline indicate that momentum has changed from either positive to negative or negative to positive. When a centered momentum oscillator advances above its centerline, momentum turns positive and could be considered bullish. When a centered momentum oscillator declines below its centerline, momentum turns negative and could be considered bearish.
quote:
Originally posted by Mav:
Mach, I have been looking at the BTLY chart and I think i found a triple bottom area around 0.023 forming a floor there. Could you please help me here or Cabbage to check if this is right ?. Bellow you have a chart. Thank you.
quote:
Originally posted by PSU90:
From the website....about the CEO. Impressive resume!Key Executives
Gordon Lee is chairman and CEO of Bentley Communications Corporation. He was CEO and CFO of Bentley since March 1999. He has been involved with emerging growth companies in the private and public arena for more than 20 years. He was founder, and former chairman of USA Video, which introduced the world to video on-demand. Today, USA Video is an international developer and supplier of high-tech Internet streaming video and video-on-demand services, systems, and innovative end-to-end solutions. In 1993, he founded Future Media Technologies. a pioneer in digitized & compressed video. It is the first company whose standard for picture quality met the criteria demanded by Paramount Pictures, Warner Bros. and other leading studios. It gained the rights to digitize and compress these firms' enormous film libraries. In 1998 he briefly entered the public safety sector, working on the refinement of a bullet-resistant glass coating for cars and office buildings. This technology was sold off for commercial development and resulted in a standard option on nearly all new European cars, including BMW & Mercedes. In 1999, he founded Startek.com, that enable wireless high-speed Internet access. He launched Bentley Communications Corporation to facilitate e-commerce and alternative commerce on a global scale, focusing on business-to-business applications.
The International Reciprocal Trade Association estimates that in the U.S. alone, over 470,000 companies actively participate in barter for a total of over $12 billion in annual sales, with retail barter expanding by about 6 percent annually, according to the National Association of Trade Exchanges. Over 65% of the corporations listed on the New York Stock Exchange are presently using barter to reduce surplus inventory, bolster sales and ensure that production facilities run at near capacity. Corporate barter is already a growing $20 billion worldwide industry. The US Department of Commerce estimates that Countertrade, used by multi-national companies and governments to trade excess products and production capacity for other needed products, totals over $600 billion annually.
quote:
Originally posted by Bam Bam 17:
Check out PAYD they changed their name & CUSIP news out 11/24/2003 look at the chart.
daclyyay[db][pb50!b200!f][vc60][iut!Ub14!La12,26,9]&pref=G]http://stockcharts.com/def/servlet/SC.web?c=payd,uu[w,a]dacl yyay[db][pb50!b200!f][vc60][iut!Ub14!La12,26,9]&pref=GCheck out CEVA they changed their name & CUSIP news out 11/25/2003 look at the chart.
daclyyay[db][pb50!b200!f][vc60][iut!Ub14!La12,26,9]&pref=G]http://stockcharts.com/def/servlet/SC.web?c=CEVA,uu[w,a]dacl yyay[db][pb50!b200!f][vc60][iut!Ub14!La12,26,9]&pref=GNews article; http://www.embeddedstar.com/press/content/2003/11/embedded11667.html
May God Bless All.
the techs are showing a big move sometime soon, within the week, so now its just a waiting game.
-moose-
quote:
Originally posted by machtabow:
Nothing ventured... nothing gained... Im buying more if i can betwen .027 and .029 because.... I can see that no matter what is said... the techs are indicating this stock will move big time... All you need to do is review my BTLY Tech 101... but also... makes sense to have a considerable amount of shares for Monday...If naked shorts do cover... i will be here for the ride... take care... mach
[This message has been edited by machtabow (edited January 09, 2004).]
quote:
Originally posted by ignorantbliss:
Anyone have live level-II??
dz
/
quote:
Originally posted by nitroburn:
Does it show when the symbol change is to take place? Or does it show symbol changes that have alreadt taken place?
quote:
Originally posted by Moose:
Oh I can I see the techs look great...I even woke up early this morning to make sure I do get more sharesthe techs are showing a big move sometime soon, within the week, so now its just a waiting game.
-moose-
quote:
Originally posted by machtabow:
BTLY IS ONE ONF THE FEW UP STOCKS ON THE BB FOR A FRIDAY... NOT A LOT... BUT I'LL TAKE THESE DAY TO DAY SMALL GAINS... TAKE CARE. MACH
quote:
Originally posted by Moose:
it is a red day today...no worries though since I have some more money to invest and I'm looking at BTLY, and with PGHI down I can't not buy more
quote:
Originally posted by machtabow:
It's a red day... but I believe BTLY will close at .03... Up again! Take Care. mach
Trying to pick up more on the bid @ 0.027, but I doubt I'll get filled
Like I said before this will be a very long weekend.
quote:
Originally posted by machtabow:
AM I THE ONLY ONE WATCHING THE MACD MOVING INTO CROSSOVER MODE!!!!!!!! THIS WILL LIKELY HAPPEN MONDAY! GO PGHI! HERES THE CHART... THATS A BULLISH CROSSOVER!!!!!!! THATS WHY THE ACCUMULATION HERE! MACH
http://stockcharts.com/def/servlet/SC.web?c=btly
quote:
Originally posted by Moose:
macd crossover with cusip change should be huge..maybe...Trying to pick up more on the bid @ 0.027, but I doubt I'll get filled
Like I said before this will be a very long weekend.
quote:
Originally posted by machtabow:
AM I THE ONLY ONE WATCHING THE MACD MOVING INTO CROSSOVER MODE!!!!!!!! THIS WILL LIKELY HAPPEN MONDAY! GO PGHI! HERES THE CHART... THATS A BULLISH CROSSOVER!!!!!!! THATS WHY THE ACCUMULATION HERE! MACH
http://stockcharts.com/def/servlet/SC.web?c=btly
quote:
Originally posted by machtabow:
AM I THE ONLY ONE WATCHING THE MACD MOVING INTO CROSSOVER MODE!!!!!!!! THIS WILL LIKELY HAPPEN MONDAY! GO PGHI! HERES THE CHART... THATS A BULLISH CROSSOVER!!!!!!! THATS WHY THE ACCUMULATION HERE! MACH
http://stockcharts.com/def/servlet/SC.web?c=btly
[This message has been edited by Mav (edited January 09, 2004).]
[This message has been edited by Mav (edited January 09, 2004).]
I'll most likely move my bid up later in the day
quote:
Originally posted by Mav:
It's clear, accumulation today, people is just looking for entry, i can think of buyers just looking for the best price. But they are there, just waiting .... accumulation .
quote:
Originally posted by Moose:
I'm waiting @ 0.027, I've filled 1010 shares so far! lolI'll most likely move my bid up later in the day
quote:
Originally posted by Moose:
I'm waiting @ 0.027, I've filled 1010 shares so far! lolI'll most likely move my bid up later in the day
dz
Check out PAYD they changed their name & CUSIP news out 11/24/2003 look at the chart.
http://stockcharts.com/def/servlet/SC.web?c=payd,uu[w,a]dacl yyay[db][pb50!b200!f][vc60][iut!Ub14!La12,26,9]&pref=G
Check out CEVA they changed their name & CUSIP news out 11/25/2003 look at the chart.
http://stockcharts.com/def/servlet/SC.web?c=CEVA,uu[w,a]dacl yyay[db][pb50!b200!f][vc60][iut!Ub14!La12,26,9]&pref=G
quote:
Originally posted by knee-hi-boot-gurl:
Is it true that BTLY will have a name change on Monday? If so, how do you folks believe it will impact its current price? Thanks **Marissa**
quote:
Originally posted by knee-hi-boot-gurl:
Is it true that BTLY will have a name change on Monday? If so, how do you folks believe it will impact its current price? Thanks **Marissa**
quote:
Originally posted by Mav:
More buying @ 0.03, accumulation continues ....
quote:
Originally posted by Mav:
Marissa, look at these charts, you will see the move after a name change, good examples:Check out PAYD they changed their name & CUSIP news out 11/24/2003 look at the chart.
dacl]http://stockcharts.com/def/servlet/SC.web?c=payd,uu[w,a]dacl yyay[db][pb50!b200!f][vc60][iut!Ub14!La12,26,9]&pref=GCheck out CEVA they changed their name & CUSIP news out 11/25/2003 look at the chart.
dacl]http://stockcharts.com/def/servlet/SC.web?c=CEVA,uu[w,a]dacl yyay[db][pb50!b200!f][vc60][iut!Ub14!La12,26,9]&pref=G
quote:
Originally posted by m_h13021:
+850000 13:59 .03
quote:
Originally posted by Mav:
WOW 1.000.000 SHARES were just bought, i told you accumulation strong !!!!.
i need money!!!
[This message has been edited by m_h13021 (edited January 09, 2004).]
quote:
Originally posted by scott3283r:
huge numbers but no movement, im getting ready, but when.....
i need money!!!
quote:
Originally posted by scott3283r:
huge numbers but no movement, im getting ready, but when.....
i need money!!!
It'll be fun to see how this short term experiment pays off. Long term, the DD looks great.
PSU
quote:
Originally posted by PSU90:
Glad to see the volume pick up. Seems like the MM's have been at .027x.030 for days! That .03 wall has to be weakening IMO.It'll be fun to see how this short term experiment pays off. Long term, the DD looks great.
PSU
dz
LETS GO!!
Flywolf
25.000 shares bought @ 0.029
25.000 shares bought @ 0.030
Accumulation big time. !!!
quote:
Originally posted by kitkatranchgirl:
here we go!$$$$$
quote:
Originally posted by FlyWolf:
Bid is up to .029! And only 2 MMS left at .03LETS GO!!
Flywolf
looks like I'm buying @ 0.03...lol
Good things to come
quote:
Originally posted by Magoo:
I have had an order in all day at .029 and have gotten partical fills. I need another 35000 to complete the buy.Good things to come
quote:
Originally posted by Magoo:
I have had an order in all day at .029 and have gotten partical fills. I need another 35000 to complete the buy.Good things to come
------------------
'
quote:
Originally posted by brewer:
volume is 1,932,430
with last trade at 15:54
quote:
Originally posted by denzen:
will someone please post volume. I want to see if I'm current
thanks
dz
1,932,430 @ 3:57
quote:
Originally posted by cappy:
got a last minute fill at 3:59 Whew!!! Going to be another long w/e. Cheers
dz
/
quote:
Originally posted by m_h13021:
1,932,430 @ 3:57
quote:
Originally posted by machtabow:
Well we have facts... we know there should be news released Monday regarding the cusip and name change. Hopefully we also get some BONUS NEWS. Also... look at the MACD bullish centerline crossover about to occur. That crossover will be very powerful... mach
daclyyay[da][pb50!b200][vc60][iUb14!La12,26,9]&pref=G]http://stockcharts.com/def/servlet/SC.web?c=BTLY,uu[m,a]daclyyay[ da][pb50!b200][vc60][iUb14!La12,26,9]&pref=G
thanks,dz
/
quote:
Originally posted by machtabow:
Well we have facts... we know there should be news released Monday regarding the cusip and name change. Hopefully we also get some BONUS NEWS. Also... look at the MACD bullish centerline crossover about to occur. That crossover will be very powerful... mach
daclyyay[da][pb50!b200][vc60][iUb14!La12,26,9]&pref=G]http://stockcharts.com/def/servlet/SC.web?c=BTLY,uu[m,a]daclyyay[ da][pb50!b200][vc60][iUb14!La12,26,9]&pref=G
quote:
Originally posted by machtabow:
Magoo! Still hanging around! Glad to see you are on this ride Magoo! Many more to come... promised. mach
Just trying to buy a little here and there.
I am holding about 350,000 now and adding little by little.
I will try to be more of a factor next week as I am watching PGHI a little closer.
I will go in heavier here when I think it might be of a benifit for all involved especially myself.
Good luck to all
quote:
Originally posted by knee-hi-boot-gurl:
When do these people have to cover their naked shorting?? Is it before or after the changes on Monday, or have they done so ready? Thanks **Marissa**
Whew eeee!!!!!!!!
quote:
Originally posted by adrenalix:
news just released: http://biz.yahoo.com/bw/040109/95569_1.html
Ticker symbol change too! Was not expecting that were we? This is excellent!
Today a Dragon-Fly Doji formed. Sellers dominated trading and drove prices lower during the session. However, by the end of the session, buyers resurfaced and pushed prices back to the opening level and the session high. Be careful, this may be a sign of a potential bearish reversal or top!
This is from the bull, somebody help me. This doesn't take into account for the name change right? This would be true if the pr was not released but that should over rule the candle. Right? I think this is a hammer to beat the p*** out of the mm's. Yes I thought of that on my own!! Have a good w/e everyone!!
quote:
Originally posted by cappy:
Today a Dragon-Fly Doji formed. Sellers dominated trading and drove prices lower during the session. However, by the end of the session, buyers resurfaced and pushed prices back to the opening level and the session high. Be careful, this may be a sign of a potential bearish reversal or top!
This is from the bull, somebody help me. This doesn't take into account for the name change right? This would be true if the pr was not released but that should over rule the candle. Right? I think this is a hammer to beat the p*** out of the mm's. Yes I thought of that on my own!! Have a good w/e everyone!!
[This message has been edited by machtabow (edited January 09, 2004).]
[This message has been edited by machtabow (edited January 09, 2004).]
LOS ANGELES--(BUSINESS WIRE)--Jan. 9, 2004--Bentley Communications Corporation (OTCBB:BTLY - News), name will change to Bentley Commerce Corp. (OTCBB:BLYC - News) and its trading symbol quoted on the OTCBB, from "BTLY" to "BLYC" effective January 12, 2004. The Company's CUSIP number will change to 08264E 10 3 and its website will be at www.bentleycommerce.com.
The purpose of the name change is to more accurately reflect the company's position as the emerging leader in the online barter and trade industry. The name change was authorized at Bentley's October 30, 2003 Annual Meeting of Shareholders. This action does not change or consolidate the issued and outstanding common stock of the company.
Although not required, any shareholder can exchange their old stock certificates for new ones. Certificates should be sent via an insured, traceable delivery service to the Company's exchange agent, Florida Atlantic Stock Transfer, Inc., located at 7130 Nob Hill Road, Tamarac, Florida, phone 954-726-4954, together with $20 payable to the transfer agent. There is no need for stockholders to endorse the stock certificate, nor should they.
About Bentley Communications Corporation:
Bentley Communications Corp. is a business-to-business, Internet e-commerce company that seeks to establish a new marketplace and distribution channel for worldwide barter and trade. Bentley is working towards becoming the online "market maker" for the barter industry -- a neutral intermediary that brings together fragmented multiple groups of buyers and sellers online. Through the development of a seamlessly integrated family of online barter services, it envisions that most barter transactions can be handled 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.
Forward-Looking Statements:
With the exception of historical information, this news release and accompanying information may include forward-looking statements that involve a number of risks and uncertainties. Actual results could differ materially from those anticipated as a result of various risks. There are numerous factors that could contribute to such differences, therefore such projected events and anticipated results are not warranties or guaranties that such events will occur or that the Company will achieve such results. For more information about this corporation and risks involved in the investment of their publicly traded shares, please see the company's website(s), and/or documents filed with the SEC, which are easily accessible in the EDGAR database system.
quote:
Originally posted by slotplayer:
Ticker symbol change too! Was not expecting that were we? This is excellent!
quote:
Originally posted by ignorantbliss:
Looks like the MACD is almost at 0..
daclyyay[da][pb50!b200][vc60][iUb14!La12,26,9]&pref=G]http://stockcharts.com/def/servlet/SC.web?c=BTLY,uu[m,a]daclyyay[ da][pb50!b200][vc60][iUb14!La12,26,9]&pref=G
quote:
Originally posted by cappy:
Hey Mach I am not even close to that. I was asking about the statement, I am new to this stuff so if I sound like an idiot on some things it's because I am. 40 years and still learning. Cheers!
Mike
[This message has been edited by machtabow (edited January 09, 2004).]
Thanks
Coumars
quote:
Originally posted by machtabow:
Im sorry correction....... BLYC!!!!!!!!!!!!!!
MACH
Do you think a big volume buy is wise to get the ball rolling on Monday
I know that the volume will probably be self priming but you know me well enough that I would be able to give it a big jump start.
quote:
Originally posted by Magoo:
MachDo you think a big volume buy is wise to get the ball rolling on Monday
I know that the volume will probably be self priming but you know me well enough that I would be able to give it a big jump start.
I will try to purchase at .03 then see about raiseing it as the MM's adjust.
Get ready for a wild ride
mach
quote:
Originally posted by coumars:
Could you please tell us , how you select amazing stocks like these, and how you do the DD. Please mail me to coumarss@hotmail.comThanks
Coumars
quote:
Originally posted by Magoo:
I'll have my boots on and looking for some MM's with their pants down first thing Monday.I will try to purchase at .03 then see about raiseing it as the MM's adjust.
Get ready for a wild ride
[This message has been edited by cappy (edited January 09, 2004).]
[This message has been edited by cappy (edited January 09, 2004).]
quote:
Originally posted by cappy:
Mach, You and Mav should put together a power point program and have a weekend class on tech's. I would pay $200-$300 or more for the program. Nothing like putting another bug in the ear. Thanks for the free stuff. Just saying many would pay. I will buy you guys dinner anytime.[This message has been edited by cappy (edited January 09, 2004).]
[This message has been edited by cappy (edited January 09, 2004).]
I just went into my portfolio and I was amazed to see BLTY was gone and replaced
with BLYC!!!AMAZING!Here's to Monday's buying spree.
TRSTURGUT-18
quote:
Originally posted by TRSTURGUT-18:
NAME CHANGE HAS ALREADY PRINTED!!!I just went into my portfolio and I was amazed to see BLTY was gone and replaced
with BLYC!!!AMAZING!Here's to Monday's buying spree.TRSTURGUT-18
quote:
Originally posted by TRSTURGUT-18:
NAME CHANGE HAS ALREADY PRINTED!!!I just went into my portfolio and I was amazed to see BLTY was gone and replaced
with BLYC!!!AMAZING!Here's to Monday's buying spree.TRSTURGUT-18
quote:
Originally posted by cappy:
Mach, you have it and if you guys need any help let me know. My brother is a wiz with software and things. Any small thing I can do I will. Take Care
E-TRADE
TRSTURGUT-18
mach, i just sent u an email.. i want to be on your hotpicks mailing list too! thanks in advance.. GL everyone!
Go BLYC!
[This message has been edited by cappy (edited January 09, 2004).]
quote:
Originally posted by cappy:
Hey Mav did you see any MM's in the bar swallowing the Tequila worm remembering they forgot about their "shorts".
Take care and have a good weekend.
Mike
quote:
Originally posted by jr:
im gonna add some more shares first thing monday as well, hopefully i can get some before magoo puts his order in LOL!mach, i just sent u an email.. i want to be on your hotpicks mailing list too! thanks in advance.. GL everyone!
jr
I am actually going to wait an hour or two into the tradeing session. I believe that we may see the price go up but I would like our members to get a chance to get their shares.
I will be putting in orders that should give us some legs and challange the MM's to fill or raise the stakes.
One or two 10ths of a cent dosen't matter to me and I would like everyone to have a chance to get their fills.
If I do get large fills Monday then I will be covering my shares with orders to freeze the price if the MM's try to play games and slide the value down. They will have to raise the average past me before I will stop chaseing them ahead. By that time I believe that we will have the volume to attract enough buyers that will push the value further ahead.
Good luck jr
If I have to cancel my order and create a new one two hours before open then I may miss out on .03
quote:
Originally posted by cappy:
Just called Ameritrade and they said it would update an hour or 2 before open on monday, fine by me!!!
Much of our understanding of chart patterns can be attributed to the work of Richard Schabacker. His 1932 classic, Technical Analysis and Stock Market Profits, laid the foundations for modern pattern analysis. In Technical Analysis of Stock Trends (1948), Edwards and Magee credit Schabacker for most of the concepts put forth in the first part of their book. We would also like to acknowledge Messrs. Schabacker, Edwards and Magee, and John Murphy as the driving forces behind these articles and our understanding of chart patterns.
Pattern analysis may seem straightforward, but it is by no means an easy task. Schabacker states:
The science of chart reading, however, is not as easy as the mere memorizing of certain patterns and pictures and recalling what they generally forecast. Any general stock chart is a combination of countless different patterns and its accurate analysis depends upon constant study, long experience and knowledge of all the fine points, both technical and fundamental, and, above all, the ability to weigh opposing indications against each other, to appraise the entire picture in the light of its most minute and composite details as well as in the recognition of any certain and memorized formula.
Releasing this news so early in the week ensures the news to get around come monday. Big things should happen, and like all of you I wasn't expecting the symbol change too, I'm really happy I picked out those extra shares before close today.
Maybe I'll join in the buying come monday morning if I can find somemore cash this weekend.
I wonder if the MM's will try and gap down in the morning to cause a scare, mean while they are just covering shorts. I'm ready for any tricks the MMs got up their sleeves
May God Bless All.
Just wanted to make sure I was on that hotlist, mikestdtrades@hotmail.com, I've loved most of your picks so far and would like to contribute any DD if possible on your hot picks. It's hard to keep up with Mav and your's DD but theres always small things to be found.
Thanks
-moose-
quote:
Originally posted by machtabow:
Coumars... I just work really hard at it... Analyzing every possible angle. The biggest gains for me started when I began to combine tech analysis with analysis as a whole. My portfolio has gone up 100's if not 1000's% since then. I'll add you to my hotpicks list.... Mav and I are working on one hot pick per month that will give us 100% plus gains in a very short period of time... thats our goal. If anyone else wants to be added to the list.... email: machtabow@yahoo.commach
---
Composite Indicator
Trend Spotter (TM) Sell
Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Hold
20 - 50 Day MACD Oscillator Hold
20 Day Bollinger Bands Buy
Short Term Indicators Average: 60% - Buy
20-Day Average Volume - 1457251
Medium Term Indicators
40 Day Commodity Channel Index Hold
50 Day Moving Average vs Price Hold
20 - 100 Day MACD Oscillator Hold
50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 25% - Buy
50-Day Average Volume - 2073453
Long Term Indicators
60 Day Commodity Channel Index Hold
100 Day Moving Average vs Price Hold
50 - 100 Day MACD Oscillator Hold
Long Term Indicators Average: - Hold
100-Day Average Volume - 2620044
Overall Average: 24% - Buy
dz
/
quote:
Originally posted by machtabow:
Also... a hot note!!!!!!! Today BTLY closed above the 50 day MA for the first time since mid December 17th give or take a day or two....... When price moves above the 50 day ma this is Bullish. mach
daclyyay[db][pb50!b200][vc60][iUb14!La12,26,9]&pref=G]http://stockcharts.com/def/servlet/SC.web?c=BTLY,uu[m,a]daclyyay[ db][pb50!b200][vc60][iUb14!La12,26,9]&pref=G[This message has been edited by machtabow (edited January 09, 2004).]
quote:
Originally posted by Magoo:
jrI am actually going to wait an hour or two into the tradeing session. I believe that we may see the price go up but I would like our members to get a chance to get their shares.
I will be putting in orders that should give us some legs and challange the MM's to fill or raise the stakes.
One or two 10ths of a cent dosen't matter to me and I would like everyone to have a chance to get their fills.
If I do get large fills Monday then I will be covering my shares with orders to freeze the price if the MM's try to play games and slide the value down. They will have to raise the average past me before I will stop chaseing them ahead. By that time I believe that we will have the volume to attract enough buyers that will push the value further ahead.
Good luck jr
Keep in mind that the techs indicate that this is the beginning of a Long strong bullish move. It could happen over several days if not weeks... and you could see a break above the previous high of .047... Will it all happen in one day... its hard to say... The MM's will need to cover their Naked short positions as discussed as per SEC rules regarding, Name/Symbol & Cusip number changes. How much have they covered remains to be seen... but we may see a pretty decent move if they cover the remaining naked shorts Monday. Take care. mach
quote:
Originally posted by knee-hi-boot-gurl:
Good morning all! I bought a bunch of BTLY Friday afternoon! Looks like this could be my first big play in the pennies! (about time) Where do you folks think BTLY could end up Monday? Besides covering shorts, why would a ticker symbol change affect the stock price anyways? Thanks, **Marissa**
[This message has been edited by machtabow (edited January 10, 2004).]
quote:
Originally posted by Moose:
Hey mach...Just wanted to make sure I was on that hotlist, mikestdtrades@hotmail.com, I've loved most of your picks so far and would like to contribute any DD if possible on your hot picks. It's hard to keep up with Mav and your's DD but theres always small things to be found.
Thanks
-moose-
quote:
Originally posted by machtabow:
Knee-high,Keep in mind that the techs indicate that this is the beginning of a Long strong bullish move. It could happen over several days if not weeks... and you could see a break above the previous high of .047... Will it all happen in one day... its hard to say... The MM's will need to cover their Naked short positions as discussed as per SEC rules regarding, Name/Symbol & Cusip number changes. How much have they covered remains to be seen... but we may see a pretty decent move if they cover the remaining naked shorts Monday. Take care. mach
[This message has been edited by machtabow (edited January 10, 2004).]
Would it be premature to change the name of the symbol on this thread?
TRSTURGUT-18
MSGL is supposed to have a symbol change on Monday January 12,2004...The new symbol will be NNOS.It will be interesting to see the response to its share price.
TRSTURGUT-18
quote:
Originally posted by TRSTURGUT-18:
SYMBOL CHANGE.....MSGL is supposed to have a symbol change on Monday January 12,2004...The new symbol will be NNOS.It will be interesting to see the response to its share price.
TRSTURGUT-18
Those are all the new symbols for compaines changing name and symbol on Monday. (*good volume)
Make sure you identify yourself as per your Allstocks ID as follows: Regarding BLYC: Membername. (Example: Regarding BLYC: Moose) My goal is to insure only "real-investors" and not parties with other interest (Example: MM) receive this valuable insight. If I do not recognize you... you may not receive the email. Privleged & Confidential. Emails will be sent 1/11/2004 @ 10pm.
Look for the next few weeks to be very exciting! Regards, Mach
I was in MSGL @.07 and got out @.15 hearing about some internal problems...do not know how valid but there.I will considering an entry on Monday after I see the early volume.
TRSTURGUT-18
BTLY - BENTLEY COMMS (OTCBB)
Date Open High Low Last Change Volume % Change
01/09/04 0.03 0.03 0.03 0.03 +0.00 1984900 +1.69%
Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Hold
20 - 50 Day MACD Oscillator Hold
20 Day Bollinger Bands Buy
Short Term Indicators Average: 60% - Buy
20-Day Average Volume - 1457250
Medium Term Indicators
40 Day Commodity Channel Index Hold
50 Day Moving Average vs Price Hold
20 - 100 Day MACD Oscillator Hold
50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 25% - Buy
50-Day Average Volume - 2073452
Long Term Indicators
60 Day Commodity Channel Index Hold
100 Day Moving Average vs Price Hold
50 - 100 Day MACD Oscillator Hold
Long Term Indicators Average: - Hold
100-Day Average Volume - 2620044
Overall Average: 24% - Buy
If trading begins on Monday under the new symbol, isn't it too late for any MMs to cover any shorts they may have had on BTLY? Wouldn't they have had to cover them before close of Market on Friday when the stock was trading under that symbol?
TIA,
Cheers
I have been a BTLY shareholder for a while now and I am looking forward to next week's trading activities.
I just finished reading your impressive email regarding your conversation with Mr. Gordon Lee. Could you please forward me a copy at: thebabylonegroup@yahoo.ca.
Regarding BLYC: {jbtycoon}
thanks,
jbtycoon
quote:
Originally posted by machtabow:
I had the privlege today 1/10/2004 with the CEO, Gordon Lee of Bentley Commerce formerly Bentley Communications regarding the recent name change, symbol change and cusip change. We also touched on recent trading patterns, naked shorting, stock dividends, market outlook, expectations, contracts and revenue forecast. I do not believe in posting any aspect of private conversations or emails on public forum sites. If you would like a private summary of our conversation including my personal thoughts comments and analysis you are welcome to email: machtabow@yahoo.comMake sure you identify yourself as per your Allstocks ID as follows: Regarding BLYC: Membername. (Example: Regarding BLYC: Moose) My goal is to insure only "real-investors" and not parties with other interest (Example: MM) receive this valuable insight. If I do not recognize you... you may not receive the email. Privleged & Confidential. Emails will be sent 1/11/2004 @ 10pm.
Look for the next few weeks to be very exciting! Regards, Mach
quote:
Originally posted by stockguy04:
mach can u plz send me a copy of the convo u had with the Mr. Lee... o4foshodd@hotmail.com
Bentley Communications Corp. to Change Its Name to Bentley Commerce Corp. and Obtain A New CUSIP Number, Effective Jan. 12, 2004. Shareholders Urged to Exchange Stock Certificates This release occurred on December 30, 2003
PS. Other stocks that I have seen move with respect to name and symbol changes have moved aggressively a few days before, the day of, and a few days after the actual change. Take care. mach
quote:
Originally posted by Gonnaplode:
May I ask a Newbie Question,If trading begins on Monday under the new symbol, isn't it too late for any MMs to cover any shorts they may have had on BTLY? Wouldn't they have had to cover them before close of Market on Friday when the stock was trading under that symbol?
TIA,
Cheers
[This message has been edited by machtabow (edited January 10, 2004).]
I have this system that makes it easier to keep track of whom i emailed to.
As follows:email machtabow@yahoo.com
Use your allstocks user ID:
And as follows request the conversation: Regarding BLYC (Allstocks Username)
Example: Regarding BLYC COUMARS...
This makes it easier for me... rather than cut and paste emails from allstocks.
Thanks for your help.
mach
The thing I like the most about his is that Lebed has a big following. Expect to see huge volume follow! I don't mind being a few days ahead of Lebed on stock picks. I don't think anyone here minds either. Take care. mach
***************************************
The big play next week is going to be BTLY which is changing it's symbol on Monday to BYLC and name to Bentley Commerce.
65% of all companies on the NYSE use barter to reduce surplus inventory, bolster sales and ensure that production facilities run at near capacity.
However, BTLY/BYLC is the only public company out there focused on making
money from the barter industry which does $12 billion in annual sales in the US alone and has been showing robust growth of 6% per year.
BTLY/BYLC has it's own Bentley Crump Barter System subsidiary with a network of 180 independent local barter exchanges and about 50,000 merchants that trade through them.
BTLY/BYLC recently acquired the North American rights to VirtualBarter
3.0, a comprehensive suite of trade exchange management applications that can enable exchanges to collaborate in a global online network that BTLY/BYLC feels will
be far superior and larger than any prior exchange network.
BTLY/BYLC is working towards becoming the online "market maker" for the barter industry and 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.
BTLY/BYLC right now trades for only $0.03. I believe it will break out above $0.05 by the end of this month.
Jonathan Lebed
[This message has been edited by machtabow (edited January 10, 2004).]
quote:
Originally posted by gobulls:
If I were to buy on Monday which symbol would I use.
quote:
Originally posted by machtabow:
I will contact the SEC monday to see if I can have them explain in detail what the window is for the naked short covering to be accomplished. The primary reason they need to cover is... if they in fact have abused naked shorting privleges and not covered their positions... that in fact would be highly unethical and they could face a stiff penalty. As per part of my conversation with Mr. Lee today we discussed the recent SEC meeting with respect to Naked Short Sales... and the fact that many of these companies may now be a lot more concerned that they in fact are not and have not abused the system. Therefore as we move forward and begin to identify shareholder when they exchange new stock certificates via their brokerages... it does make sense that MM's begin to more aggressively cover naked short positions and not risk penalties. Hint: I wouldnt be suprised if we saw a second PR later this week asking shareholders to contact their Brokerages to be identified for the previous Dividend payout. Keep in mind... the goal... is to identify shareholders... and discover the abuses and eliminate those entities that Naked Short unethically. Regards, MachBentley Communications Corp. to Change Its Name to Bentley Commerce Corp. and Obtain A New CUSIP Number, Effective Jan. 12, 2004. Shareholders Urged to Exchange Stock Certificates This release occurred on December 30, 2003
PS. Other stocks that I have seen move with respect to name and symbol changes have moved aggressively a few days before, the day of, and a few days after the actual change. Take care. mach
[This message has been edited by machtabow (edited January 10, 2004).]
[This message has been edited by Mav (edited January 10, 2004).]
------------------
DaDog
------------------
DaDog
quote:
Originally posted by dardadog:
Mach, there is a new thread I'd appreciate you looking at. T-18, I've had so much email lately that I dumped your email address without saving. Could you email me again?
------------------
DaDog
quote:
Originally posted by Mav:
More information about BARTERFrequently Asked Questions
COMMON QUESTIONS ABOUT BARTERQ: What is Barter?
A: Barter is a system that allows you to purchase what you need and in turn pay for it with products or services you have -- without using your precious greenbacks.Q: How can my business profit from bartering?
A: Bartering adds business to your cash sales and gets you goods and services through trade.Q: What can I buy with trade dollars?
A: Hundreds of goods and services. Trade all over the country.Q: What does a trade company do?
A: Continuously seeks more companies to trade with, keeps records, provides monthly statements, etc.Q: Can I barter with anyone outside of the city or state?
A: Of course you can. Trade all over the country.Q: How big is the trade industry?
A: Barter / trade is $20 billion a year industry ... and growing!
[This message has been edited by Mav (edited January 06, 2004).]
1/11/2004... "We expect to be more Popular than Ebay soon... catering to small business rather than individuals."
Gordon Lee... CEO, Bentley Commerce
quote:
Originally posted by PSU90:
From the website....about the CEO. Impressive resume!Key Executives
Gordon Lee is chairman and CEO of Bentley Communications Corporation. He was CEO and CFO of Bentley since March 1999. He has been involved with emerging growth companies in the private and public arena for more than 20 years. He was founder, and former chairman of USA Video, which introduced the world to video on-demand. Today, USA Video is an international developer and supplier of high-tech Internet streaming video and video-on-demand services, systems, and innovative end-to-end solutions. In 1993, he founded Future Media Technologies. a pioneer in digitized & compressed video. It is the first company whose standard for picture quality met the criteria demanded by Paramount Pictures, Warner Bros. and other leading studios. It gained the rights to digitize and compress these firms' enormous film libraries. In 1998 he briefly entered the public safety sector, working on the refinement of a bullet-resistant glass coating for cars and office buildings. This technology was sold off for commercial development and resulted in a standard option on nearly all new European cars, including BMW & Mercedes. In 1999, he founded Startek.com, that enable wireless high-speed Internet access. He launched Bentley Communications Corporation to facilitate e-commerce and alternative commerce on a global scale, focusing on business-to-business applications.
The Department of Commerce says that barter in its various forms accounts for about thirty percent of the worlds' total business. And the International Reciprocal Trade Association (IRTA) recently announced that U.S. barter transacted through commercial barter brokers now exceeds $7 billion annually. Over 250,000 U.S. businesses actively use organized barter.
Smarter to barter: it works best for businesses with high profit margins and excess inventory.
Looking for a time-tested way to increase both?
A growing number of Colorado companies have found the answer. They've turned to a business practice as old as commerce itself.
They've discovered it's smarter to barter.
According to the International Reciprocal Trade Association in Virginia, bartering is growing 15 percent nationally each year. IRTA predicts 1.2 million businesses will participate in formal bartering networks within a decade
quote:
Originally posted by Mav:
Mach, that is a good move. I am in deep DD on all these topics, and i will keep you posted. If anybody wants to read more about naked short selling please link to:
http://www.nakedshortselling.com/pdf/NAANSS_Report_Mar03.pdf
[This message has been edited by Mav (edited January 10, 2004).]
I found an article concerning a company who similarly tried to fight off the naked shorts by changing their name. However, it appears the brokerage community found a way to navigate around it.... or so it seems. What's the likelyhood of something like this happening to BTLY?:
ON THE MARKET
onthemar@yahoo.com
212-713-5793
How the Jags fought back against the naked shorters is a testament to their moxi. JAGNotes first did an official name change to Jag Media Holdings (JGMHA), then had the certificates sent to shareholders removing them from the short borrowing pool. However, the brokerage community did simple journal entries and never delivered the 'real' certificate shares. Subsequently, Jag had no choice but to bring in the infamous *John O`Quinn to force the hand of the Wall Street titans in federal court and hold the potential fraudsters accountable for further perpetrating the existence of the 'vapor' shares. In the interim Jag requested that the (JGMHA) shares be removed from the DTC electronic system allowing only physical ownership of the shares to help suppress the unending abuse by these mysterious naked shorters. Most recently Jag has looked to protect the interests of its current shareholders and the potential value that *O`Quinn will / hopes to attain by distributing a special dividend of Class B - non-tradable, no cusip number shares where these dividend Class B certificate shares will be delivered directly to the named shareholders. With the crack in the door gone for the brokerage community to convert the old B`s to A`s and never take genuine possession of the B`s, there could be further trouble on the horizon for the mighty titans. This latest action should then identify for the first time exactly how many 'real' shares exist or certainly enhance the damage model for *O`Quinn if the brokerage community fails to disclose all the real beneficial holders entitled to the B shares.
So far, there are a reported 85 companies requesting removal from the US Depository Trust Company [DTC] system. This would allow them to trade on a 'custody-only' basis in an attempt to curb the never-ending attacks from the naked shorts. Lawsuits are flying. The DTC has said that it is impossible for illegal naked short selling to occur in its settlement system. Now, and after first claiming it had the authority to deny firms the right to exit it system, the [DTC] is asking the SEC for authority to do just that. The credibility of the entity which controls over $26 trillion in transactions on Wall Street is now in question.
MORE.....
10) 06:36 am ET Harry Aloof - WallStreet Trader's Column
[This message has been edited by FlyWolf (edited January 10, 2004).]
[This message has been edited by FlyWolf (edited January 10, 2004).]
quote:
Originally posted by FlyWolf:
I found an article concerning a company who similarly tried to fight off the naked shorts by changing their name. However, it appears the brokerage community found a way to navigate around it.... or so it seems. What's the likelyhood of something like this happening to BTLY?:ON THE MARKET
onthemar@yahoo.com
212-713-5793How the Jags fought back against the naked shorters is a testament to their moxi. JAGNotes first did an official name change to Jag Media Holdings (JGMHA), then had the certificates sent to shareholders removing them from the short borrowing pool. [b]However, the brokerage community did simple journal entries and never delivered the 'real' certificate shares. Subsequently, Jag had no choice but to bring in the infamous *John O`Quinn to force the hand of the Wall Street titans in federal court and hold the potential fraudsters accountable for further perpetrating the existence of the 'vapor' shares. In the interim Jag requested that the (JGMHA) shares be removed from the DTC electronic system allowing only physical ownership of the shares to help suppress the unending abuse by these mysterious naked shorters. Most recently Jag has looked to protect the interests of its current shareholders and the potential value that *O`Quinn will / hopes to attain by distributing a special dividend of Class B - non-tradable, no cusip number shares where these dividend Class B certificate shares will be delivered directly to the named shareholders. With the crack in the door gone for the brokerage community to convert the old B`s to A`s and never take genuine possession of the B`s, there could be further trouble on the horizon for the mighty titans. This latest action should then identify for the first time exactly how many 'real' shares exist or certainly enhance the damage model for *O`Quinn if the brokerage community fails to disclose all the real beneficial holders entitled to the B shares.
So far, there are a reported 85 companies requesting removal from the US Depository Trust Company [DTC] system. This would allow them to trade on a 'custody-only' basis in an attempt to curb the never-ending attacks from the naked shorts. Lawsuits are flying. The DTC has said that it is impossible for illegal naked short selling to occur in its settlement system. Now, and after first claiming it had the authority to deny firms the right to exit it system, the [DTC] is asking the SEC for authority to do just that. The credibility of the entity which controls over $26 trillion in transactions on Wall Street is now in question.
MORE.....
10) 06:36 am ET Harry Aloof - WallStreet Trader's Column
[This message has been edited by FlyWolf (edited January 10, 2004).]
[This message has been edited by FlyWolf (edited January 10, 2004).][/B]
[This message has been edited by machtabow (edited January 11, 2004).]
quote:
Originally posted by machtabow:
I think the day of Naked Short Selling abuses are very limited. As discussed on the board in December... new SEC rules and regulations could indeed give the bb stocks quite the boost in 2004 as we eliminate these abuses!!!!! mach
[This message has been edited by machtabow (edited January 11, 2004).]
Walt
[QUOTE]Originally posted by Mav:
[B]Mach, that is a good move. I am in deep DD on all these topics, and i will keep you posted. If anybody wants to read more about naked short selling please link to:
http://www.nakedshortselling.com/pdf/NAANSS_Report_Mar03.pdf
Walt
[QUOTE]Originally posted by newstockpicker:
[B]This is great reading!! By the way, I downloaded the PDF and then sent it via email to 60 minutes ... thought they might like to see what is going on. If they do an expose on this, it would kill the naked shorters.
Walt
Sirs:
Enclosed please find an overview of an illegal practice being carried on here in the US called Naked Shorting. The SEC and NASD know it is going on and are dragging their feet, while small companies are being forced into bankruptcy and investors are being robbed blind and bilked out of hundreds of millions of dollars. I truly believe that an expose done by 60 minutes would force the regulatory bodies charged with making sure these practices are dealt with to do their jobs and shut down this illegal activity.
Please review what I have enclosed and I believe you will certainly find it very interesting.
Thank you.
Do not be suprised if your letter is sent back to you unopened.Most organizations will not accept information without an agent
being involved.They do not want to chance any lawsuits.Should a story be presented on their program that they have been researching and you claim that you sent the information and want to be compensated for your efforts then that creates a problem.Even if your intentions are good they will not take the chance unless they solicited the information from you.
TRSTURGUT-18
Email: machtabow@yahool.com
Subject: Regarding BLYC: ALLSTOCKS USERNAME
Example: Regarding BLYC: machtabow
I then do my best to make sure that you are a board member and not someone unknown to us. Then I send the email. Hope this helps. If you did not receive your email... let me know! Take care. mach
I will email an ongoing analysis of hotstockpicks to all interested parties. These picks will be open to all that request. Take care. mach
quote:
Originally posted by kitkatranchgirl:
Hey Mach can I have the new email and get listed on your hot pick list?
quote:
Originally posted by jr:
Magoo, when you buy a stock its like your preparing for battle LOL!!! seriously though, thanks for letting us all know what your gameplan is, and giving us the chance to pick up some shares.. good luck!
Jr
I believe that we are going to see some good movement Monday. I am able to fuel the fire and stair step the volume and value of the stock foward if we start out well. I am hopeing to see the priceing go up a little before I buy in and you and others get their fill. If we start out with some progress before I get involved then I can punch through any resistance put forth by the MM's.
I have my big boots on and think I see some MM's with their pants down.
BTLY has changed its stock symbol. The company will now be listed as BLYC.
This change is reflected in your online portfolio and will appear on your next account statement.
I just checked my email account and noticed that I had not received a copy of your email regarding the your most recent conversation
with Gordon Lee of BLYC.
Mach, if you have a moment, could you please forward me a copy as well as I would like to confirm that I have been added to your hotstockpicks list.
Subject: Regarding BLYC: jbtycoon
Many thanks,
jbtycoon
quote:
Originally posted by machtabow:
As per your request I have emailed a summary of my recent conversation with Mr. Gordon Lee, CEO of Bentley Commerce on 1.11.04. I have emailed only those whom have used this board regularly and I recognize your names. I have been advised to be very careful whom receives emails regarding private conversations. Therefore I have chosen to email the conversation to those that requested as follows:Email: machtabow@yahool.com
Subject: Regarding BLYC: ALLSTOCKS USERNAME
Example: Regarding BLYC: machtabowI then do my best to make sure that you are a board member and not someone unknown to us. Then I send the email. Hope this helps. If you did not receive your email... let me know! Take care. mach
I will email an ongoing analysis of hotstockpicks to all interested parties. These picks will be open to all that request. Take care. mach
quote:
Originally posted by jbtycoon:
Good morning mach,I just checked my email account and noticed that I had not received a copy of your email regarding the your most recent conversation
with Gordon Lee of BLYC.Mach, if you have a moment, could you please forward me a copy as well as I would like to confirm that I have been added to your hotstockpicks list.
Subject: Regarding BLYC: jbtycoon
Many thanks,jbtycoon
[This message has been edited by machtabow (edited January 12, 2004).]
I will be buying after I get there and hope to keep the ball rolling
Good luck to all today
Magoo
quote:
Originally posted by Magoo:
I need to get off to work now but will be checking in after I get there in about an hour or so.I will be buying after I get there and hope to keep the ball rolling
Good luck to all today
Magoo
quote:
Originally posted by machtabow:
Wow! Bid up to .032 now!!!!!!!!!! mach
May God Bless All.
Den
quote:
ATTENTION: ORDER NOT ACCEPTED. The requested route does not allow this type of transaction.
Why is this?
quote:
Originally posted by Marcidius:
When I go to order BLYC it gives me an error...Why is this?
quote:
Originally posted by Mav:
ASK NOW UP 0.034
Also showing ask @.03 and no bids on level II
quote:
Originally posted by m_h13021:
This sucks, putting an order in and broker does not recognize either symbol! -
quote:
Originally posted by Marcidius:
When I go to order BLYC it gives me an error...Why is this?
quote:
Originally posted by DiQuiRiesco:
I just got off the phone with ameritrade. The representative said everything should be fixed tomorrow. My question is: Is this an atempt to counter the possible gains seen when a company changes it's name. Is ameritrade the only company having trouble inputing the new symbol?
Broker: TradingDirect "...could be done possibly in the next two days or so..."
Great work Mach, or should I say buffet!
i have a email from freetrade and they said the switch wont happen on their system until tomorrow which we can trade right out.
you can get out today but it will be a short position ( danger) until tomorrow, and $25 comission fee charge for today.
quote:
Originally posted by cabbage22:
...because by mid-week the price will be much higher...
Could you please elaborate on how you can make the above statement. Thank you -Marty
quote:
Originally posted by kitkatranchgirl:
hey mach!!i have a email from freetrade and they said the switch wont happen on their system until tomorrow which we can trade right out.
you can get out today but it will be a short position ( danger) until tomorrow, and $25 comission fee charge for today.
Lil
a symbol change today also.
close on friday was .122
trading at .15 right now, great jump!!!!!
back to blyc we should still get a nice run up tomorrow but this gives mm time to buy shares.
quote:
Originally posted by m_h13021:
Could you please elaborate on how you can make the above statement. Thank you -Marty
fzhowandai@yahoo.com
If you did not get the recent CEO conversation email machtabow@yahoo.com
Include your username for identification purposes. Thank you. mach
quote:
Originally posted by zo:
Hey mach...Add me to your email list on...If you don't have it any more...It'sfzhowandai@yahoo.com
Hope this gets fixed soon
thx.
quote:
Originally posted by machtabow:
Zo... Ive added you. Anyone else want to be added to the hotstockpicks list. email machtabow@yahoo.comIf you did not get the recent CEO conversation email machtabow@yahoo.com
Include your username for identification purposes. Thank you. mach
quote:
Originally posted by Mav:
I still have problems with Ameritrade too. They will fix it soon, be patience.
I wannnnna play I wannnna play
Originally posted by machtabow:
Zo... Ive added you. Anyone else want to be added to the hotstockpicks list. email machtabow@yahoo.com
If you did not get the recent CEO conversation email machtabow@yahoo.com
Include your username for identification purposes. Thank you. mach
[/QUOTE]
would you add me to your hotstockpicks list?
I am serious trader..
thx..
jo_trader
quote:
Originally posted by Gamecock:
Mach,
Please add me to your hotstockpicks list.
Thanks,
Gamecock
E-mail jgbyess@yahoo.comOriginally posted by machtabow:
[b]Zo... Ive added you. Anyone else want to be added to the hotstockpicks list. email machtabow@yahoo.comIf you did not get the recent CEO conversation email machtabow@yahoo.com
Include your username for identification purposes. Thank you. mach
[/B][/QUOTE]
At least it didn't gap down at the open.. With all the Ameritrade problems going on, it would have been quite scary if I couldn't trade.
I'm happy to see we're all in the GREEN..
GLTA!
Thanks
coumars
quote:
Originally posted by PSU90:
Getting my first chance to check in today..... nice move from Friday! IMO, Cabbage is right that this will trade stronger as the week goes on and the symbol becomes active with all the different brokers.
Ameritrade i not telling me anything until they start updateing the symbol
Hope it is soon so that I can contribute
quote:
Originally posted by coumars:
Mach, can i buy now,?Thanks
coumars
quote:
Originally posted by jo_trader:
Mach.. I appreciate your DD a lot. I am also long on PGHI..thx.
When Mach brought BTLY to our attention it was at .024 x .026. For those who bought at .026 you could sell now for .033 (wouldn't recommend that yet!) and you're already up 37.5%.
I'll take 37% anytime and I'm personally looking for much more as the trading glitches are fixed. There will be a lot of built up buying demand hitting tomorrow!
PSU
quote:
Originally posted by PSU90:
Think about where we are already even with some of the trading glitches out there today.When Mach brought BTLY to our attention it was at .024 x .026. For those who bought at .026 you could sell now for .033 (wouldn't recommend that yet!) and you're already up 37.5%.
I'll take 37% anytime and I'm personally looking for much more as the trading glitches are fixed. There will be a lot of built up buying demand hitting tomorrow!
PSU
I was wondering if I may be included on your "Hotstockpicks List". I love the dd and tips u gave on PGHI and it has help me earn a small profit....still holding long.
I would greatly appreciate it,
~alex
11:27:33 16000 0.033 -
quote:
Originally posted by aawhite12:
Hello Mach,I was wondering if I may be included on your "Hotstockpicks List". I love the dd and tips u gave on PGHI and it has help me earn a small profit....still holding long.
I would greatly appreciate it,
~alex
Sorry, My e-mail address is aawhite12@yahoo.com
quote:
Originally posted by aawhite12:
Hello Mach,I was wondering if I may be included on your "Hotstockpicks List". I love the dd and tips u gave on PGHI and it has help me earn a small profit....still holding long.
I would greatly appreciate it,
~alex
The MACD centerline crossover today was key. The stock is now in control of the bulls. This does not mean it will go up every day... but.. it will trend up from here for a while! Take care. mach
quote:
Originally posted by PSU90:
Think about where we are already even with some of the trading glitches out there today.When Mach brought BTLY to our attention it was at .024 x .026. For those who bought at .026 you could sell now for .033 (wouldn't recommend that yet!) and you're already up 37.5%.
I'll take 37% anytime and I'm personally looking for much more as the trading glitches are fixed. There will be a lot of built up buying demand hitting tomorrow!
PSU
quote:
Originally posted by machtabow:
Remember... this will be trading in the .04's soon. Do not cut your gains short. If you read my email... you know there is much more coming... soon! machThe MACD centerline crossover today was key. The stock is now in control of the bulls. This does not mean it will go up every day... but.. it will trend up from here for a while! Take care. mach
BELOW/ATTACHED ARTICLE POSTED FROM LEBED HAS THE SYMBOL WRONG TOO...YAHOO-FINANCE NEWS ERASED ALL OLD/RECENT BTLY NEWS INCLUDING NAME/CUSIP/SYMBOL CHANGE PR...RAGINGBULL/QUOTE.COM SCREWING OLD AND NEW SYMBOL UP ON QUOTE (VOLUMES AND PPS)...ETC ETC...AARRGGHH////CREATING MORE BUYING OPS THOUGH....TOMORROW SHOULD BE PENT UP PRESSURE. MAYBE MORE GOOD NEWS TOO MANANA?!
DNPS
********** More Hot News ************
The thing I like the most about his is that Lebed has a big following. Expect to see huge volume follow! I don't mind being a few days ahead of Lebed on stock picks. I don't think anyone here minds either. Take care. mach
***************************************
The big play next week is going to be BTLY which is changing it's symbol on Monday to BYLC and name to Bentley Commerce.
65% of all companies on the NYSE use barter to reduce surplus inventory, bolster sales and ensure that production facilities run at near capacity.
However, BTLY/BYLC is the only public company out there focused on making
money from the barter industry which does $12 billion in annual sales in the US alone and has been showing robust growth of 6% per year.
BTLY/BYLC has it's own Bentley Crump Barter System subsidiary with a network of 180 independent local barter exchanges and about 50,000 merchants that trade through them.
BTLY/BYLC recently acquired the North American rights to VirtualBarter
3.0, a comprehensive suite of trade exchange management applications that can enable exchanges to collaborate in a global online network that BTLY/BYLC feels will
be far superior and larger than any prior exchange network.
BTLY/BYLC is working towards becoming the online "market maker" for the barter industry and 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.
BTLY/BYLC right now trades for only $0.03. I believe it will break out above $0.05 by the end of this month.
Jonathan Lebed
Mach.. Am I in your hotpicks list?
I'd greatly appreciate it..
thk.. jo
quote:
Originally posted by machtabow:
Thanks for your compliments... but many have offered considerably more DD than I. It's a team effort. Take care. mach
my emaill is jo_trader@yahoo.com
thx..
jo
quote:
Originally posted by jo_trader:
sure... thanks to many others..Mach.. Am I in your hotpicks list?
I'd greatly appreciate it..thk.. jo
quote:
Originally posted by dog-n-pony-show:
GUYS= MUCHO CONFUSION EVERYWHERE TODAY ON CHANGES FOR BTLY/BLYC...HOPEFULLY CLEARED FOR TAKE-OFF TOMORROW. MOST ONLINE BROKERAGES SEEM SKEWED.PLUSBELOW/ATTACHED ARTICLE POSTED FROM LEBED HAS THE SYMBOL WRONG TOO...YAHOO-FINANCE NEWS ERASED ALL OLD/RECENT BTLY NEWS INCLUDING NAME/CUSIP/SYMBOL CHANGE PR...RAGINGBULL/QUOTE.COM SCREWING OLD AND NEW SYMBOL UP ON QUOTE (VOLUMES AND PPS)...ETC ETC...AARRGGHH////CREATING MORE BUYING OPS THOUGH....TOMORROW SHOULD BE PENT UP PRESSURE. MAYBE MORE GOOD NEWS TOO MANANA?!
DNPS
********** More Hot News ************
The thing I like the most about his is that Lebed has a big following. Expect to see huge volume follow! I don't mind being a few days ahead of Lebed on stock picks. I don't think anyone here minds either. Take care. mach***************************************
The big play next week is going to be BTLY which is changing it's symbol on Monday to BYLC and name to Bentley Commerce.
65% of all companies on the NYSE use barter to reduce surplus inventory, bolster sales and ensure that production facilities run at near capacity.
However, BTLY/BYLC is the only public company out there focused on making
money from the barter industry which does $12 billion in annual sales in the US alone and has been showing robust growth of 6% per year.BTLY/BYLC has it's own Bentley Crump Barter System subsidiary with a network of 180 independent local barter exchanges and about 50,000 merchants that trade through them.
BTLY/BYLC recently acquired the North American rights to VirtualBarter
3.0, a comprehensive suite of trade exchange management applications that can enable exchanges to collaborate in a global online network that BTLY/BYLC feels will
be far superior and larger than any prior exchange network.BTLY/BYLC is working towards becoming the online "market maker" for the barter industry and 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.
BTLY/BYLC right now trades for only $0.03. I believe it will break out above $0.05 by the end of this month.
Jonathan Lebed
quote:
Originally posted by jo_trader:
sure... thanks to many others..Mach.. Am I in your hotpicks list?
I'd greatly appreciate it..thk.. jo
12:57 .03 Bid - .035 Ask - 2,751,656
12:50:51 50000 0.03 - OTCBB
12:46:15 158550 0.03 - OTCBB
12:46:12 8050 0.03 - OTCBB
12:46:12 8050 0.031 + OTCBB
12:46:09 84700 0.03 - OTCBB
12:46:09 84700 0.032 - OTCBB
12:46:09 5000 0.032 - OTCBB
12:45:36 5000 0.032 - OTCBB
12:45:27 10000 0.032 - OTCBB
12:45:03 5000 0.032 - OTCBB
12:44:36 5000 0.032 - OTCBB
12:42:54 10000 0.036 + OTCBB
12:42:54 10000 0.034 + OTCBB
12:33:51 13600 0.033 + OTCBB
12:33:51 12100 0.033 + OTCBB
12:33:51 9000 0.033 + OTCBB
12:33:51 50000 0.032 - OTCBB
12:33:48 5000 0.034 + OTCBB
12:33:48 5000 0.033 - OTCBB
12:33:45 5000 0.033 - OTCBB (XF)
12:28:03 5000 0.035 - OTCBB
12:28:03 5000 0.036 + OTCBB
12:19:21 15000 0.035 - OTCBB
12:19:21 15000 0.036 + OTCBB
11:27:33 16000 0.033 - OTCBB
11:21:00 47900 0.033 - OTCBB
11:16:03 100000 0.035 + OTCBB
11:12:12 5000 0.035 + OTCBB
11:11:39 150000 0.033 - OTCBB
11:11:39 100000 0.034 + OTCBB
11:11:39 5000 0.034 + OTCBB
11:11:39 150000 0.033 - OTCBB (XF)
11:11:15 26440 0.035 + OTCBB
11:10:45 5000 0.035 + OTCBB
11:07:45 5000 0.034 - OTCBB (XF)
11:07:30 5000 0.034 - OTCBB
11:06:54 50000 0.034 - OTCBB
11:00:06 14500 0.035 - OTCBB
11:00:06 14500 0.037 + OTCBB
10:59:51 10000 0.035 OTCBB
They must have one of the larger client bases. That is going to effect the volume today.
Hope I can get in on the action soon
Magoo
quote:
Originally posted by Magoo:
Ameritrade is still out to lunchThey must have one of the larger client bases. That is going to effect the volume today.
Hope I can get in on the action soon
Magoo
quote:
Originally posted by GMG:
Mach would greatly appreciate being added to your hotpicks list. gary@hqm.com
Thanks
Got $50,000 you want to loan me.
Just thought I would ask. LOL
That is my starting bid to push us through the resistance at whatever level we are at.
Honest the check is in the mail.
Just kidding but I hope Ameritrade would get their act straightened out
Magoo
quote:
Originally posted by Magoo:
Ameritrade is still out to lunchThey must have one of the larger client bases. That is going to effect the volume today.
Hope I can get in on the action soon
Magoo
quote:
Originally posted by Magoo:
Hey MachGot $50,000 you want to loan me.
Just thought I would ask. LOL
That is my starting bid to push us through the resistance at whatever level we are at.
Honest the check is in the mail.
Just kidding but I hope Ameritrade would get their act straightened out
Magoo
quote:
Originally posted by machtabow:
Magoo... your trading patterns interest me... though I know you did well in the PGHI drive. You must of made thousands of dollars in gains there. BLYC is looking poised to make a similar move. Take care. mach
quote:
Originally posted by machtabow:
Magoo... your trading patterns interest me... though I know you did well in the PGHI drive. You must of made thousands of dollars in gains there. BLYC is looking poised to make a similar move. Take care. mach
Mach
I put in larger orders when the MM's seem to be hesitant as to where they are setting their spread. When I have put in larger orders it seems to make them push the base further ahead and sometimes they give me partical fills which is OK.
This way I am able to keep the price moving up as long as there is volume which is comming in along with my buys.
That is why I need to have the support volume and the MM's about to make changes in order to risk large fills.
As they stair step up I can chase them further along as long as I am getting support from the other buyers.
There is a method to the madness
meetmeplz@yahoo.com
------------------
Don't spit in the wind
Dont eat yellow snow
AND dont ever bet on a 3 legged horse
quote:
Originally posted by Magoo:
MachI put in larger orders when the MM's seem to be hesitant as to where they are setting their spread. When I have put in larger orders it seems to make them push the base further ahead and sometimes they give me partical fills which is OK.
This way I am able to keep the price moving up as long as there is volume which is comming in along with my buys.
That is why I need to have the support volume and the MM's about to make changes in order to risk large fills.
As they stair step up I can chase them further along as long as I am getting support from the other buyers.
There is a method to the madness
quote:
Originally posted by machtabow:
Well we are up another 17% today. I'll take it. Hopefully brokers have fixed there systems and we continue moving forward. I expect another PR very soon to help us continue our move! We have been doing well. mach
Hope they are up to speed by tomorrow so that I can be of some help
quote:
Originally posted by Magoo:
Guess I must have done pretty well for someone who is flying blind with ameritrade today.Hope they are up to speed by tomorrow so that I can be of some help
I assess as follows:
late PR release on Friday, didnt get things in motion until today. The Online Discount Brokers and/or the DTC auto-exchange of shares probably wont be straignt till after midnight tonight!?! Then all accounts should reflect and function properly by manana ... or can/change you broker as i will too!
The News/PR disappeared from Yahoo Finance and maybe others? So confused or incommunicados might have been in limbo somewhat!?
Also, I believe that the Shorts...and even Naked Shorts... will still have three days to settle/cover and some will hold out and vainly try counter-tactics/attacks to attempt lessen their losses...and their pay-outs or margin call scenarios maybe!?! Or they will pack their bags and run for the hills...caught with their shorts down!
Many who got caught wondering, watching, waiting should by desire or demand have to or want to place those orders between manana and Friday close!?!
And finally, i too expect a clarifying and enhancing PR manana, at least to replace the ones that disappeared and were quite limited (Fridays) in content. And if their is more great news pending, now would be the time to do it to enable energize the MO=MINT-UM!
and one has to wonder what pray tell else great is coming soon for this GEM?! ALL i know from thorough DD is= its ALL gonna be good!
By next week i will be sharing/posting much other positive DD too...lets ride on the great ones we already have uncovered and posted here until then!
Go BTLY...er uh...GO BLYC= "Once youve gone in the BLYC... ya cant go BACK!"
Regards and Rewards ALL,
DNPS
quote:
Originally posted by machtabow:
Well we are up another 17% today. I'll take it. Hopefully brokers have fixed there systems and we continue moving forward. I expect another PR very soon to help us continue our move! We have been doing well. mach
I assess as follows:
late PR release on Friday, didnt get things in motion until today. The Online Discount Brokers and/or the DTC auto-exchange of shares probably wont be straignt till after midnight tonight!?! Then all accounts should reflect and function properly by manana ... or can/change you broker as i will too!
The News/PR disappeared from Yahoo Finance and maybe others? So confused or incommunicados might have been in limbo somewhat!?
Also, I believe that the Shorts...and even Naked Shorts... will still have three days to settle/cover and some will hold out and vainly try counter-tactics/attacks to attempt lessen their losses...and their pay-outs or margin call scenarios maybe!?! Or they will pack their bags and run for the hills...caught with their shorts down!
Many who got caught wondering, watching, waiting should by desire or demand have to or want to place those orders between manana and Friday close!?!
And finally, i too expect a clarifying and enhancing PR manana, at least to replace the ones that disappeared and were quite limited (Fridays) in content. And if their is more great news pending, now would be the time to do it to enable energize the MO=MINT-UM!
and one has to wonder what pray tell else great is coming soon for this GEM?! ALL i know from thorough DD is= its ALL gonna be good!
By next week i will be sharing/posting much other positive DD too...lets ride on the great ones we already have uncovered and posted here until then!
Go BTLY...er uh...GO BLYC= "Once youve gone in the BLYC... ya cant go BACK!"
Regards and Rewards ALL,
DNPS
quote:
Originally posted by machtabow:
Well we are up another 17% today. I'll take it. Hopefully brokers have fixed there systems and we continue moving forward. I expect another PR very soon to help us continue our move! We have been doing well. mach
I love the work you guys all do PLEASE continue... and PLEASE include me on the list of those desiring the tech chart and analysis systems/courses/programs/softwares etc...PLEASE!
If youre a Lebed member or more...perhaps you or someone else who is COULD NOTIFY HIM/THEM AND ASK FOR A CORRECTION TO BE PUBLISHED?
THANKS,
DNPS
quote:
Originally posted by machtabow:
Wow... good catch... I didn't even see that! mach
Great post! mach
quote:
Originally posted by dog-n-pony-show:
Gents and Ladies...it was a great day despite the multiple kinks!I assess as follows:
late PR release on Friday, didnt get things in motion until today. The Online Discount Brokers and/or the DTC auto-exchange of shares probably wont be straignt till after midnight tonight!?! Then all accounts should reflect and function properly by manana ... or can/change you broker as i will too!
The News/PR disappeared from Yahoo Finance and maybe others? So confused or incommunicados might have been in limbo somewhat!?
Also, I believe that the Shorts...and even Naked Shorts... will still have three days to settle/cover and some will hold out and vainly try counter-tactics/attacks to attempt lessen their losses...and their pay-outs or margin call scenarios maybe!?! Or they will pack their bags and run for the hills...caught with their shorts down!
Many who got caught wondering, watching, waiting should by desire or demand have to or want to place those orders between manana and Friday close!?!
And finally, i too expect a clarifying and enhancing PR manana, at least to replace the ones that disappeared and were quite limited (Fridays) in content. And if their is more great news pending, now would be the time to do it to enable energize the MO=MINT-UM!
and one has to wonder what pray tell else great is coming soon for this GEM?! ALL i know from thorough DD is= its ALL gonna be good!
By next week i will be sharing/posting much other positive DD too...lets ride on the great ones we already have uncovered and posted here until then!
Go BTLY...er uh...GO BLYC= "Once youve gone in the BLYC... ya cant go BACK!"
Regards and Rewards ALL,
DNPS
quote:
Originally posted by machtabow:
I do love this chart. MACD centerline crossover occured today. Bullish. Trading above the 50 day MA. Bullish. Techs are looking great and I anticipate the release of very good news in the very near future. Take care all! mach
http://stockcharts.com/def/servlet/SC.web?c=blyc
And, oh by the way, I spoke to the Chairman/CEO of BLYC whom has been in this 25 years (gist only in online resume). And he explained how SINCE IT IS REALLY JUST MM'S AND CLOSE ASSOCIATES THAT ARE really capable of SHORTING and NAKED SHORTING stocks in this OTC:BB PPS range...they really have UP TO AS LONG AS FRIDAY THE 30TH OF JAN TO COVER ! So expect it to ROLL THRU THEN..AND A POTENTIAL CRESCHENDO THAT FRIDAY...CAPICHE!?
I am long and Strong on BLYC...Barter and related transaction...so I will add and hold long long after that. Personally I think its realistic to possibly see up to 50 cents to $1 late this Summer...and $5 to $10 within 3 years. Gordon Lee has helped take 3 other deals over a Billion MCV, AND A FEW IN BETWEEN, and we believe this is Numero Quatro!
BLYC BILLIONAIRES CLUB...BARTER-DOLLARS (COMMODITY-BACKED=GOODS AND SERVICES) AND SOVEREIGN FIAT DOLLARS (GOOD FAITH AND TRUST OF GOV!?)! A SYNERGISTIC VALUE= GROWTH EXPONENTIALLY!?!
Especially with All other Execs and factors considered...this is SUPER STRONG...the more DD I do the more I BELIEVE!Barter is always Smarter...in good times and bad...its a Prince or a King either way! The FIRST MONEY AND THE FUTURE OF MONEY...ADDING TECH TO TRIED AND TRUE!
From my lips to Gods ears! IMHO!
DNPS
quote:
Originally posted by machtabow:
I do love this chart. MACD centerline crossover occured today. Bullish. Trading above the 50 day MA. Bullish. Techs are looking great and I anticipate the release of very good news in the very near future. Take care all! mach
http://stockcharts.com/def/servlet/SC.web?c=blyc
Endless possibilities my friend...Endless...
You can sure pickem!!Goin in for some more in the morning....What a great long term investment.
TRSTURGUT-18
Two MASSIVE long-term winners! I love this board!
thanks
quote:
Originally posted by ignorantbliss:
Hey Mach, I think you should start a new thread with the new symbol. Might draw more interest without confusion. JMHO
quote:
Originally posted by Moose:
probably a wise idea...should cut and paste most of the good DD over to it too
(1) The company is listing an increase in accumulated depriciation, suggesting an aging plant. (Not a real problem at their current size.)
(2) The company saw a dramatics drop in operating expenses (about 66%) from same Q last year (very good thing in a tech business, means they are probably outsourcing many things.) (Hosting outsourcing has been confirmed by a bit of checking.)
(3) Creditors are taking common stock in lieu of payment, meaning that they attribute value to the stock - a very good
sign that management has been able to produce. (Another look at this one made me think that there were debt instruments that had a timeframe for automatic conversion to common stock, I'm digging a bit to verify which situation is the most likely. If it was an automatic conversion, it could or could not be a good thing, toss of the coin.)
(4) The company has issued no preferred shares - a good sign that they are not stealing value (percieved or otherwise) from common stock.
(5) The Crump deal is set up very interestingly - the license purchase was made by common stock, and the royalty agreement provides for $166,660 per quarter barter based income before being renegotiated at $1mil annual income.
(6) Management was thinking ahead with the decision to kill the FNIN deal, the new national "Do-Not-Call Registry" would have severely impacted that company.
(7) The company is broke but has some deep pockets that are "angeling" for it, dumping in capital. (A good thing, someone really believes in this company at a level that the board can say, "We need money." and the investor(s) close to the situation say, "Yes."
(8) Confirmation of the company outsourcing (thus reducing expenses) can be seen in the "Risks and Uncertainties" section in which they state that a wildcard factor is, "the level and use of the Internet." This means that they almost certainly are using a colocated server. (This has now been confirmed)
(9) The last part of the "Risks & Uncertainties" section puts them in a class with most other "dot.com's" in regard to future success. A potential bad spot, but survivable.
(10) Ouch, point 5 of the synopsis of "R & U" states that management may not have time to manage the company properly. A serious potential problem.
(11) Lawsuit - hrm, sounds like garbage - been there, done that.
(12) One creditor took these shares at a par value of $0.10 per share in exchange for a debt. With markup in a service-based business, that'd be a realized value of between $.02 and .05 per share.
(13) A range was established of between $0.02 and $.10 per share for creditor payoff/investor conversion.
In the final analysis, I'd say that this is a typical company that has fought like hell to stay alive despite markets collapsing on them, leveraging investors (private and public) to stay alive. There is no evidence of significant bank loans bearing interest or any significant debts owed. With the conversion that under my assumption included moving from a (content/Internet/application) service provider class to a company utilizing the resources and thus flexibility of others in this arena via subcontracting they have
significantly decreased their operating expenses (while I personally feel are still a bit excessive for monthly operating, suggesting an amount of hidden debt or excessive personal withdrawls) and set themselves up in a "pay per use" situation for many of their technological resources. I think that this will give this company a great place to start from, but will not sustain them forever. I think that they will indeed have to eventually start up their own service plant again (at great expense) but with the full service capabilities of current "colo" providers this should be a path taken far after they have gained a financial situation that will cover such expenses.
Clicking out of analysis mode, I think these guys have a great idea. Barter was the first form of trade and was the basis for currency as we now know it. I think that as currency becomes more electronic, barter will mesh back into the system.
quote:
Originally posted by Mav:
Has anyone checked out Ameritrade today ?. Did they fix the problem with the symbol ?. In my account the problem is still there. Please let me know.
Sorry about the delayed response. I don't mind at all. Take care. mach
quote:
Originally posted by Moose:
Mach...do you mind if I post some of your TA and DD on other boards?thanks
quote:
Originally posted by ignorantbliss:
I can see the new symbol but I could see it yesterday also. Bought 50K at open yesterday. However, the existing shares I had before yesterday still show under old symbol but has a note of *Name change on 1/12
quote:
Originally posted by ignorantbliss:
Hey Mach, I think you should start a new thread with the new symbol. Might draw more interest without confusion. JMHO
They might however have the blcy symbol activated when they open in a couple of minutes as they don't update the rest of their screens from yesterday until then.
quote:
Originally posted by Magoo:
I just tried to put in an order with my Ameritrade account under blcy and they would not process it at this point.They might however have the blcy symbol activated when they open in a couple of minutes as they don't update the rest of their screens from yesterday until then.
Looking good!
quote:
Originally posted by JD12:
BLYC Magoo, not BLCY. That might be the problem.
quote:
Originally posted by machtabow:
BLYC... yes. machLooking good!
quote:
Originally posted by Mav:
Magoo, I just checked it out and it did processed, look at it again.
My account is a cash account. With that they have not changed the screen as of yet however on the balance sheet they have increased the balance under the old symbol and will not take orders under either the new or old symbol at this point.
I will give it a couple of more minutes and then give them a call if it is not changed with the new days screens
Den
quote:
Originally posted by denjohn1000:
This is enough to piss me off. My streamer tells me the old trading symbol, btly. Anyone else have that problem too?Den
------------------
quote:
Originally posted by JD12:
BLYC Magoo, not BLCY. That might be the problem.
Thanks
I am starting to gobble up some shares now.
Today i just got indorr plumbing and an electric light buld. We are a little behind in the Northwest little lone these computor thing-a-ker-bobs
quote:
Originally posted by Magoo:
ThanksI am starting to gobble up some shares now.
Today i just got indorr plumbing and an electric light buld. We are a little behind in the Northwest little lone these computor thing-a-ker-bobs
quote:
Originally posted by Mav:
Good, I'm glad you have it fixed. My account is working ok as well.
It's off to work and I will check in later and see if I can pick up some more then
Thanks everyone
[This message has been edited by m_h13021 (edited January 13, 2004).]
Name Changed from Bentley Communications Corp. to Reflect Company's Position as Emerging Leader in the Online Barter and Trade Industry
LOS ANGELES, Jan 13, 2004 (BUSINESS WIRE) -- Bentley Commerce Corporation ( BLYC ) has launched its new name and trading symbol quoted on the OTCBB "BLYC" to reflect the company's position as the emerging leader in the online barter and trade industry. Previously the company was Bentley Communications Corporation (OTCBB:BTLY). The Company's CUSIP number has changed to 08264E 10 3 and its new website will be at http://www.bentleycommerce.com.
"Over the past six months, Bentley has carried out a series of strategic initiatives to enter the estimated $12 billion retail barter market and $20 billion corporate trade sector," said Gordon Lee, Bentley's chairman and CEO. "This includes setting up its Bentley Crump Barter Network subsidiary with approximately 180 independent local barter exchanges and about 50,000 merchants that trade through them; beginning a corporate trade division; as well as establishing trade exchanges for specific markets, such as for the hospitality industry and for non-profit organizations.
"Most important to setting up our global online marketplace for worldwide barter and trade," Mr. Lee said, "has been acquiring the North American rights to VirtualBarter 3.0. This comprehensive suite of trade exchange management applications will enable barter exchanges to better manage their businesses and collaborate in a worldwide online network that we believe will be far superior and larger than any prior or current exchange network."
Bentley intends to serve as a clearinghouse for barter trades for hundreds of independent retail barter exchanges that together serve tens of thousands of companies of all sizes, fortune 500 trading partners, corporate barter companies that serve large multinational corporations, trade associations and their member companies, as well as media and travel agencies.
Bentley's business model anticipates future revenue streams from several different sources. These include transaction fees on all trades executed or cleared through Bentley's online marketplace; set-up and monthly subscription fees paid by participating companies, trade exchanges and affiliated brokers; revenue share from Bentley managed private label co-branded barter marketplaces; finders fees paid by corporate trade companies on transactions introduced by Bentley; and transaction fees from sellers on the buy side of corporate procurement and the spread between the selling price and cash cost on the sell side of corporate procurement.
In pursuit of this strategy, the company over the past six months has:
-- Retail Barter: Bentley Crump Barter Network
Bentley established its Bentley Crump Barter Network subsidiary, headed by Joe Crump, with a growing membership of 180 local barter exchanges and about 50,000 members that trade through them. This represents approximately 30 percent of the barter exchanges in the USA and 50 percent of those in Canada. It was founded as the Crump Barter System in 1998 by Mr. Crump 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. These 180 independent local exchanges will be able to collaborate in an online global online network using Bentley's VirtualBarter 3.0 software and have their own locally branded identity.
Bentley entered the corporate barter business by launching a corporate trade division, headed by Bruce Kamm, through a strategic alliance with Intertrade Capital Group, Ltd., an international trade finance and corporate barter company. This will join Bentley's Crump Barter Network with Intertrade's team of international trade finance and corporate barter specialists. Bentley's new division will enable the individual exchanges within the Crump Barter Network to initiate corporate trade and to obtain the resources necessary to successfully complete transactions. Bentley will also execute corporate trades that originate from sources outside of the Crump Network.
Bentley acquired the exclusive North American license for VirtualBarter 3.0, which is the cornerstone for its worldwide collaborative trade alliance. VirtualBarter 3.0 software enables exchanges and their members to manage, merchandise and market their products and services in an online barter marketplace to an integrated worldwide network of trade exchanges. It has made global online trading possible since January 2000. The latest Version 3.0, the platform Bentley is using, was released December 8, 2003 and features multi-lingual, multi-currency trading for barter and trade exchanges, and their members worldwide.
Among the many special features VirtualBarter 3.0 offers to exchanges and their members, is that each exchange is able to maintain their own distinct brand, with their own name and logo on all screen views. Members who barter through exchanges powered by VirtualBarter 3.0 will be able to buy and sell 24/7 in a branded online ecommerce global trade marketplace. Just one click will permit them to offer products and services to other trade exchange members worldwide. One click will also enable them to find products and services from trade exchange members locally or internationally.
Using VirtualBarter 3.0 software, Bentley is setting up a number of online trade marketplaces for specific industry groups as well as non-profit organizations. For example, Bentley is starting its online trade marketplace to enable hotels, resorts, bed & breakfasts, cruise lines, restaurants and others in the hospitality industry, to purchase furniture, fixtures, equipment and supplies at below standard wholesale pricing by partially paying for purchases with excess room night and food and beverage capacity.
Another example is Bentley's custom branded online trade exchanges for qualified non-profit organizations that will enable them to more efficiently acquire and convert donated gifts in kind to other products and services more useful to their organizations. Individuals and businesses that want to make a contribution to a non-profit will be able to go online and list products and services they wish to donate. When the donated item is purchased, the proceeds from the sale will go directly to the non-profit organization. Bentley will earn a percentage of the trade for providing the donation management system and facilitating the transaction.
Optional Stock Certificate Exchange Procedure
Although not required, any shareholder can exchange their old Bentley Communications Corp. stock certificates for Bentley Commerce Corp. Certificates should be sent via an insured, traceable delivery service to the Company's exchange agent, Florida Atlantic Stock Transfer, Inc., located at 7130 Nob Hill Road, Tamarac, Florida, phone 954-726-4954, together with $20 payable to the transfer agent. There is no need for stockholders to endorse the stock certificate, nor should they.
Forward-Looking Statements:
With the exception of historical information, this news release and accompanying information may include forward-looking statements that involve a number of risks and uncertainties. Actual results could differ materially from those anticipated as a result of various risks. There are numerous factors that could contribute to such differences, therefore such projected events and anticipated results are not warranties or guaranties that such events will occur or that the Company will achieve such results. For more information about this corporation and risks involved in the investment of their publicly traded shares, please see the company's website(s), and/or documents filed with the SEC, which are easily accessible in the EDGAR database system.
SOURCE: Bentley Commerce Corporation
quote:
Originally posted by m_h13021:
Press Release
http://biz.yahoo.com/bw/040113/135530_1.html[This message has been edited by m_h13021 (edited January 13, 2004).]
quote:
Originally posted by DiQuiRiesco:
Are all name changes this frought with confusion?.....Or is it just this one?....I mean it isn't like they didn't have warning, they've known the date of the change for two weeks now.
Has not changed the name or symbol in my portfolio, it justs sits there with the old name and an alpha numeric symbol. Thus when you go to trade under the new/old symbol it says "CUSTOMER DOESN'T HOLD CASH POS". Claimed yesterday their clearing house will have it corrected today the 13th. I am sure it will not be cleared until tomorrow. Damn, I hope it stays the course until tomorrow, otherwise it is on the phone I go.
LOL, this has been a great learning experience for future name/symbol trades. If this was a NASDAQ or NYSE I am sure this "technicality" would of not happened. -
quote:
Originally posted by Mav:
Let's hope the remaining brokers with problems could get this fixed soon.
quote:
Originally posted by slotplayer:
Mav: Ameritrade Plus now UPDATED to BLYC
hooray!
quote:
Originally posted by DiQuiRiesco:
Bentley Commerce Corp. Launches New Name and Trading Symbol 1/13/2004 9:55:00 AMName Changed from Bentley Communications Corp. to Reflect Company's Position as Emerging Leader in the Online Barter and Trade Industry
LOS ANGELES, Jan 13, 2004 (BUSINESS WIRE) -- Bentley Commerce Corporation ( BLYC ) has launched its new name and trading symbol quoted on the OTCBB "BLYC" to reflect the company's position as the emerging leader in the online barter and trade industry. Previously the company was Bentley Communications Corporation (OTCBB:BTLY). The Company's CUSIP number has changed to 08264E 10 3 and its new website will be at http://www.bentleycommerce.com.
"Over the past six months, Bentley has carried out a series of strategic initiatives to enter the estimated $12 billion retail barter market and $20 billion corporate trade sector," said Gordon Lee, Bentley's chairman and CEO. "This includes setting up its Bentley Crump Barter Network subsidiary with approximately 180 independent local barter exchanges and about 50,000 merchants that trade through them; beginning a corporate trade division; as well as establishing trade exchanges for specific markets, such as for the hospitality industry and for non-profit organizations.
"Most important to setting up our global online marketplace for worldwide barter and trade," Mr. Lee said, "has been acquiring the North American rights to VirtualBarter 3.0. This comprehensive suite of trade exchange management applications will enable barter exchanges to better manage their businesses and collaborate in a worldwide online network that we believe will be far superior and larger than any prior or current exchange network."
Bentley intends to serve as a clearinghouse for barter trades for hundreds of independent retail barter exchanges that together serve tens of thousands of companies of all sizes, fortune 500 trading partners, corporate barter companies that serve large multinational corporations, trade associations and their member companies, as well as media and travel agencies.
Bentley's business model anticipates future revenue streams from several different sources. These include transaction fees on all trades executed or cleared through Bentley's online marketplace; set-up and monthly subscription fees paid by participating companies, trade exchanges and affiliated brokers; revenue share from Bentley managed private label co-branded barter marketplaces; finders fees paid by corporate trade companies on transactions introduced by Bentley; and transaction fees from sellers on the buy side of corporate procurement and the spread between the selling price and cash cost on the sell side of corporate procurement.
In pursuit of this strategy, the company over the past six months has:
-- Retail Barter: Bentley Crump Barter Network
Bentley established its Bentley Crump Barter Network subsidiary, headed by Joe Crump, with a growing membership of 180 local barter exchanges and about 50,000 members that trade through them. This represents approximately 30 percent of the barter exchanges in the USA and 50 percent of those in Canada. It was founded as the Crump Barter System in 1998 by Mr. Crump 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. These 180 independent local exchanges will be able to collaborate in an online global online network using Bentley's VirtualBarter 3.0 software and have their own locally branded identity.
Bentley entered the corporate barter business by launching a corporate trade division, headed by Bruce Kamm, through a strategic alliance with Intertrade Capital Group, Ltd., an international trade finance and corporate barter company. This will join Bentley's Crump Barter Network with Intertrade's team of international trade finance and corporate barter specialists. Bentley's new division will enable the individual exchanges within the Crump Barter Network to initiate corporate trade and to obtain the resources necessary to successfully complete transactions. Bentley will also execute corporate trades that originate from sources outside of the Crump Network.
Bentley acquired the exclusive North American license for VirtualBarter 3.0, which is the cornerstone for its worldwide collaborative trade alliance. VirtualBarter 3.0 software enables exchanges and their members to manage, merchandise and market their products and services in an online barter marketplace to an integrated worldwide network of trade exchanges. It has made global online trading possible since January 2000. The latest Version 3.0, the platform Bentley is using, was released December 8, 2003 and features multi-lingual, multi-currency trading for barter and trade exchanges, and their members worldwide.
Among the many special features VirtualBarter 3.0 offers to exchanges and their members, is that each exchange is able to maintain their own distinct brand, with their own name and logo on all screen views. Members who barter through exchanges powered by VirtualBarter 3.0 will be able to buy and sell 24/7 in a branded online ecommerce global trade marketplace. Just one click will permit them to offer products and services to other trade exchange members worldwide. One click will also enable them to find products and services from trade exchange members locally or internationally.
Using VirtualBarter 3.0 software, Bentley is setting up a number of online trade marketplaces for specific industry groups as well as non-profit organizations. For example, Bentley is starting its online trade marketplace to enable hotels, resorts, bed & breakfasts, cruise lines, restaurants and others in the hospitality industry, to purchase furniture, fixtures, equipment and supplies at below standard wholesale pricing by partially paying for purchases with excess room night and food and beverage capacity.
Another example is Bentley's custom branded online trade exchanges for qualified non-profit organizations that will enable them to more efficiently acquire and convert donated gifts in kind to other products and services more useful to their organizations. Individuals and businesses that want to make a contribution to a non-profit will be able to go online and list products and services they wish to donate. When the donated item is purchased, the proceeds from the sale will go directly to the non-profit organization. Bentley will earn a percentage of the trade for providing the donation management system and facilitating the transaction.
Optional Stock Certificate Exchange Procedure
Although not required, any shareholder can exchange their old Bentley Communications Corp. stock certificates for Bentley Commerce Corp. Certificates should be sent via an insured, traceable delivery service to the Company's exchange agent, Florida Atlantic Stock Transfer, Inc., located at 7130 Nob Hill Road, Tamarac, Florida, phone 954-726-4954, together with $20 payable to the transfer agent. There is no need for stockholders to endorse the stock certificate, nor should they.
Forward-Looking Statements:
With the exception of historical information, this news release and accompanying information may include forward-looking statements that involve a number of risks and uncertainties. Actual results could differ materially from those anticipated as a result of various risks. There are numerous factors that could contribute to such differences, therefore such projected events and anticipated results are not warranties or guaranties that such events will occur or that the Company will achieve such results. For more information about this corporation and risks involved in the investment of their publicly traded shares, please see the company's website(s), and/or documents filed with the SEC, which are easily accessible in the EDGAR database system.
SOURCE: Bentley Commerce Corporation
May God Bless All.
quote:
Originally posted by Bam Bam 17:
1 BID @0.036 6 ASK 0.04 LOOKING VERY GOOD.May God Bless All.
I understand they (E-Trade) are the biggest player accounts on BTLY/BLYC (B ent L e Y Commerce)...and when they and the other drag behind queens get STRAIGHT we will contine to see rises in Volume and PPS!!
Whoever has accounts with various Online Brokers will be DOING US ALL A FAVOR by ragging them to get their acts together and catch up...like i and others did to Scottrade and many of you did to your Brokers!
Lets go team!
quote:
Originally posted by DiQuiRiesco:
Looks like it is going to be tough getting past that wall at .04 without some more volume
Good luck and so far we are doing very well
Magoo
Let us know if we are gonna go to a new thread...and when?! I want to satrat posting some DD to enhance the great work everyone has been doing...and no use re-doing it soon!?
I have been in BTLY/BLYC for about 2 years...and increasing my enthusiasm and Holdings EXPONENTIALLY thru the entire time. Always had faith in their primary Exec CEO/Chairman Gordon Lee as a guy who historically has helped take several OTC:BB PPS from few cents to Double-digit dollar ranges before and doing it legit! Long-shot horse bets do come back and pay-off big!
So far the Tech Analysis has been superb...and shows Superb results happening now or soon coming.
The excellent reviews of the Execs backgrounds also shows intel and integirty of those who did so.Much more depth to this which gets better and better...this is the so-called "Human Capital" asset value often overlooked!
The review /summation of the HISTORICAL and TRANSITIONAL current Filings of BTLY have also been Excellent...honest,fair and Intelligent understanding of that necessarily blunt and bland info!
And the Visionary and Intellectual review of Barter Industry has been really perceptive and positive. Along with some understianding of the superior assets and positioning of what BLYC has now in its real ASSETS thru CrumpBarter/IntertradeCapital/VirtualBarter/BarterDollars.
Also some have picked up Not only on the TRANSACTION and ALTERNATIVE FINANCING aspects of Barter, but the DEEPER and WIDER implications of BarterDollars as a CURRENCY.
I love this discussion and ACTION board-group and its combined Team assets/abilities and contributions here!
I and ALL willing and able... will add what we can to expand and expound....enabling prep for ALL the Great News we are sure to be seeing soon on BLYC affecting soon future filings...and play off and enhance those as well!
Thanks Guys...lets help take this PPS "to the Moon"...and beyond for long term exploration/expansion!
dz
/
quote:
Originally posted by machtabow:
Well techs are bullish. I think in time it will occur and it may be sooner than u think. Plenty of good news coming to support a much bigger move. mach
quote:
Originally posted by Magoo:
Right now they are danceing around me and will have to bring up their base if they want to buy. If not then the MM's will have to start filling my order before they can drop the price or someone else will.
quote:
Originally posted by DiQuiRiesco:
Well it was bad enough that Ameritrade wouldn't let me trade btly.....NOW they are totally down.....YOU HAVE GOT TO BE KIDDING ME
Me Too
quote:
Originally posted by DiQuiRiesco:
Well it was bad enough that Ameritrade wouldn't let me trade btly.....NOW they are totally down.....YOU HAVE GOT TO BE KIDDING ME
quote:
Originally posted by zo:
Scottrade updated their accounts and changed the symbol to BLYC...zo...
Go ahead and start a new thread whenever you want with your new DD. Take care. mach
quote:
Originally posted by dog-n-pony-show:
Mach,Let us know if we are gonna go to a new thread...and when?! I want to satrat posting some DD to enhance the great work everyone has been doing...and no use re-doing it soon!?
I have been in BTLY/BLYC for about 2 years...and increasing my enthusiasm and Holdings EXPONENTIALLY thru the entire time. Always had faith in their primary Exec CEO/Chairman Gordon Lee as a guy who historically has helped take several OTC:BB PPS from few cents to Double-digit dollar ranges before and doing it legit! Long-shot horse bets do come back and pay-off big!
So far the Tech Analysis has been superb...and shows Superb results happening now or soon coming.
The excellent reviews of the Execs backgrounds also shows intel and integirty of those who did so.Much more depth to this which gets better and better...this is the so-called "Human Capital" asset value often overlooked!
The review /summation of the HISTORICAL and TRANSITIONAL current Filings of BTLY have also been Excellent...honest,fair and Intelligent understanding of that necessarily blunt and bland info!And the Visionary and Intellectual review of Barter Industry has been really perceptive and positive. Along with some understianding of the superior assets and positioning of what BLYC has now in its real ASSETS thru CrumpBarter/IntertradeCapital/VirtualBarter/BarterDollars.
Also some have picked up Not only on the TRANSACTION and ALTERNATIVE FINANCING aspects of Barter, but the DEEPER and WIDER implications of BarterDollars as a CURRENCY.
I love this discussion and ACTION board-group and its combined Team assets/abilities and contributions here!
I and ALL willing and able... will add what we can to expand and expound....enabling prep for ALL the Great News we are sure to be seeing soon on BLYC affecting soon future filings...and play off and enhance those as well!
Thanks Guys...lets help take this PPS "to the Moon"...and beyond for long term exploration/expansion!
quote:
Originally posted by zo:
Mach it's actually not bad...It's only 12 dollars a transaction...That's a limit transaction...A market transaction is 7 dollars...Do it is a pretty good deal...Am i not seeing what you are seeing?...zo...
quote:
Originally posted by zo:
Yes Mach...It's 1/2% of the principle...or .005% of the principle...Good thing i've use freetrade the last month...When you trade with little money as when i did a couple months ago...It was alot cheaper...But you are right, it is expensive now...zo...
quote:
Originally posted by ignorantbliss:
Where is everyone?
quote:
Originally posted by ignorantbliss:
Where is everyone?
I picked up a good amount of shares today to add to my others and have averaged out to a entry point which I am comfortable with.
Mach says there is good news soon to come and that should give us a good boost. At present we have a good base and will only build on that in the next couple of days unless we jump ahead.
I feel good about this stock and will be supporting the trend upwards with bids along the way.
Good Luck to all
Magoo
Under going Beta testing...coming to your nieghborhood soon..
http://www.dev-veegeez.com/
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quote:
Originally posted by scott3283r:
what do you mean..?
newbee
The new thread is titled BLYC