Lets hope a new day is here for this one, and celebrate with a new thread. Up nicely today
Posted by denjohn1000 on :
Yeah, lets try to break that .04 resistance.
Den
Posted by ignorantbliss on :
Mach, bring your info over. I don't want to steal your thunder.
Posted by machtabow on :
Wow... that's a lot of moving... Im busing analyzing and answering emails right now.... if someone would like to bring over the important info. mach
quote:Originally posted by ignorantbliss: Mach, bring your info over. I don't want to steal your thunder.
Posted by Mav on :
OK, I already going to start posting here from now on. Thanks for this new thread.
Posted by ignorantbliss on :
Sure, I will help when I get back. I'm going to go buy an XBox so I can support VeeGeez Posted by Magoo on :
Didn't notice and posted my last message on the old one.
Typical of me just a step behind.
Good movement today when most of the other stocks were in the red. Shows that we are at a good base and will most likely move up especially with the news Mach mention we should see soon.
Good Luck to all Magoo
Posted by ignorantbliss on :
Info from Mach...
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 Virtual Barter 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.
Bentley Communications Market Makers have abused the process of Naked Short Selling while trading BTLY shares. Normal short-selling involves borrowing real certificates for stock, selling the stock, buying new shares at a later date, and using the new certificates to replace the ones borrowed. Naked short-selling differs in that no real certificates change hands. Instead, the short-seller creates a paper entry showing that it owes shares to the stock buyer and will get around to delivering them later. 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
Posted by machtabow on :
Lebed and I are still on the same page. Take care. mach
BLYC finishied today unchanged at $0.035 but was as high as $0.04 earlier in the day. I don't own any shares yet in the open market but tomorrow at the open I will be buying approximately 1 million shares. I see BLYC at least going to $0.05 this month if not much higher. If you haven't already read the press release from today I suggest you do because it explains why I am so excited about this company.
Jonathan Lebed Lebed.biz Staff
Posted by Mav on :
Uhhhh, I know something good is cooking here, it smells so good!!.
quote:Originally posted by machtabow: Lebed and I are still on the same page. Take care. mach
BLYC finishied today unchanged at $0.035 but was as high as $0.04 earlier in the day. I don't own any shares yet in the open market but tomorrow at the open I will be buying approximately 1 million shares. I see BLYC at least going to $0.05 this month if not much higher. If you haven't already read the press release from today I suggest you do because it explains why I am so excited about this company.
Jonathan Lebed Lebed.biz Staff
Posted by Pappy74 on :
What press release?
Posted by Magoo on :
quote:Originally posted by machtabow: Lebed and I are still on the same page. Take care. mach
BLYC finishied today unchanged at $0.035 but was as high as $0.04 earlier in the day. I don't own any shares yet in the open market but tomorrow at the open I will be buying approximately 1 million shares. I see BLYC at least going to $0.05 this month if not much higher. If you haven't already read the press release from today I suggest you do because it explains why I am so excited about this company.
I will be looking to buy purchase a good amount of shares tomorrow. There are six of us in my group that are interested in picking up a giod number of shares so we should see some good volume tomorrow.
Bentley Commerce Corp. Launches New Name and Trading Symbol
Tuesday January 13, 9:55 am ET Name Changed from Bentley Communications Corp. to Reflect Company's Position as Emerging Leader in the Online Barter and Trade Industry
LOS ANGELES--(BUSINESS WIRE)--Jan. 13, 2004-- Bentley Commerce Corporation (OTCBB:BLYC - News) 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 - News). 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.
Corporate Barter: Strategic Alliance with Intertrade Capital Group 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.
Technology: Exclusive North American License to VirtualBarter 3.0 Software 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.
Online Marketplaces: Custom Bentley Exchanges Developed for Specific Markets 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.
just in case that no one has seen the new veegeez beta, it looks great and LATE FEES SUCK! Under going Beta testing...coming to your nieghborhood soon.. http://www.dev-veegeez.com/
Posted by pegasus on :
wow very nice! i like the improvement.
Posted by m_h13021 on :
I am sure everyones broker is up to par now with the symbol/name change? -
Posted by Mav on :
We are already doing very well!!!.
Posted by DiQuiRiesco on :
we are testing .04 again....not sure we will break it today, if we do we could be in for a run
Posted by DiQuiRiesco on :
down to 2 at the ask!!!!!! This could be big...cross your fingers
Posted by DiQuiRiesco on :
Down to one at ask!!!!!!!
Posted by Mav on :
Good, let's see !!!
Posted by machtabow on :
Wow... guys are we having fun yet!? Patience always pays. mach
Posted by Mav on :
Here we go, come on...!!
Posted by Magoo on :
I've been loading the boat this morning.
If we get up to .041 then I will purchase another block to see if we can push the average further ahead
Magoo
Posted by Bam Bam 17 on :
When MM GNET get on the ask every thing stops. Is there info GNET.
May God Bless All.
Posted by Dardadog on :
NICE HIT HERE
------------------ DaDog
Posted by m_h13021 on :
quote:Originally posted by Bam Bam 17: When MM GNET get on the ask every thing stops. Is there info GNET.
May God Bless All.
GNET - Archipelago Trading Services, Inc.
These guys are a ECN, pay no attention to these guys. -Marty
-ECN(Electronic Communication Network)An electronic system that attempts to eliminate third parties orders entered by an exchange market maker or an over-the-counter-OTC market maker, and permits such orders to be executed either in whole or in part.
- An ECN connects major brokerages and individual traders so that they can trade directly between themselves without having to go through a middleman
Posted by denzen on :
This should start running with a little more volume! Be nice to trade at least 5 mil. today and close over .04.
dz
Posted by Bam Bam 17 on :
Thank you!
May God Bless All.
quote:Originally posted by m_h13021: GNET - Archipelago Trading Services, Inc.
These guys are a ECN, pay no attention to these guys. -Marty
-ECN(Electronic Communication Network)An electronic system that attempts to eliminate third parties orders entered by an exchange market maker or an over-the-counter-OTC market maker, and permits such orders to be executed either in whole or in part.
- An ECN connects major brokerages and individual traders so that they can trade directly between themselves without having to go through a middleman
Posted by machtabow on :
Magoo... Every stock you get into moves up! You are the man! Im really glad you had faith and began accumulating in the mid .02's. Take care. mach
quote:Originally posted by Magoo: I've been loading the boat this morning.
If we get up to .041 then I will purchase another block to see if we can push the average further ahead
Magoo
Posted by machtabow on :
Everyone whom received my email earlier this week knows there is much more good new forthcoming. Take care. mach
Posted by ignorantbliss on :
If you haven't read that email then you need to. This baby is about to explode!!! .04 is nothing...buy it while you can.
Posted by adrenalix on :
i missed that one. can you send it my way?
adrenalix1 @ yahoo.com (remove the spaces)
Posted by m_h13021 on :
test
[This message has been edited by m_h13021 (edited January 14, 2004).]
Posted by machtabow on :
Well... We continue up... small gains each day. We will break .04 soon! Take care. mach
Posted by cabbage22 on :
Today's volume was great at the open! Something tells me this ones not done...oh, its the technicals, thats whats telling me.
Go BLYC!
Posted by Magoo on :
All and All not a bad day.
I did purchase some shares this morning to go along with my previous purchases. I am in with a good amount of shares and will try to help build some volume when we see some more good movement.
I sent many an email regarding my conversation with Lee this past week. Something I did not mention that of course I can mention now is that he hinted very strongly that someone was going to be acquiring a large amount of shares... This is when we were trading below .03. Also, he said he would take care of .03.... and the next day it happened... we broke that level. I didn't want to mention these comments if this did not occur... but it appears he is a man of his word... in all aspects... More very big news is coming... You know what i mean. Take care!!!!!!!!!!! mach
I would love to read that special email. Please email me that special email. thanks. - Joe -
Go Blyc!
Gold199971@yahoo.com
Posted by ignorantbliss on :
Does this mean that he's paying his salary with shares? Do these shares come from the already outstanding or not?
------------------ LATE FEES SUCK!
Posted by Moose on :
Wow...this is great...obviously big news is coming soon.
Thanks for keeping us in the dark Mach! lol just kidding, it was for the best like you said.
10M shares is definitly a big buy, and I'm sure he wouldn't have bought that much if he wasn't expecting a nice increase in PPS caused by future news.
Moving along very nicely now!
quote:Originally posted by machtabow: I sent many an email regarding my conversation with Lee this past week. Something I did not mention that of course I can mention now is that he hinted very strongly that someone was going to be acquiring a large amount of shares... This is when we were trading below .03. Also, he said he would take care of .03.... and the next day it happened... we broke that level. I didn't want to mention these comments if this did not occur... but it appears he is a man of his word... in all aspects... More very big news is coming... You know what i mean. Take care!!!!!!!!!!! mach
Posted by machtabow on :
I spoke again with Mr. Lee tonigh briefly. I'll just let u know... We will be trading in the .04's very soon........... Thanks for your Due Diligence and post. I've been quite busy working on some other pics and personal projects. Hot news... very big news is coming within the next week!!!!!!!!!!!!!!!!! mach
Posted by machtabow on :
You've got mail. mach
quote:Originally posted by JoeMillion: Hi Mach,
I would love to read that special email. Please email me that special email. thanks. - Joe -
Go Blyc!
Gold199971@yahoo.com
Posted by JoeMillion on :
You the man!!!!!! Mach. Thanks for the amazing email. I will increase my holdings of Blyc tommorrow. Good Luck all!
- Joe -
Posted by adrenalix on :
Hey mach, can you send me that email too? Thanks.
adrenalix1 @ yahoo.com (without the spaces)
quote:Originally posted by machtabow: You've got mail. mach
Posted by speed on :
Hi Mach could you send me that email too? Thanks in advance. walleye90@hotmail.com
Posted by scott3283r on :
This one is not doing so good today????
------------------
Posted by JoeMillion on :
Just shaking weak hands. All stocks does that before the big run up. I am strong and long on Blyc. - Joe -
Posted by ignorantbliss on :
Do you think it will flatten out hard or round out the bottom?
------------------ LATE FEES SUCK!
Posted by scott3283r on :
im hangin in also, hope this thing does a turn. I was once thinking 0.05 but i dont know...? Some say .10 but does anyone realy think that? I have not read the email news so i cant realy tell.
Hanging on!!!!!
------------------
Posted by machtabow on :
There will be very good news next week! That's what I was told. Buy on dips and hold... We've been up for more than a week... Nothing wrong with consolidation... which gives you more time to accumlate and realize bigger gains. Take care. mach
Posted by scott3283r on :
Mach,
Can you add me to your email list?
scott3283r@excite.com
thks
------------------
Posted by Mav on :
I will try to accumulate more.
quote:Originally posted by machtabow: There will be very good news next week! That's what I was told. Buy on dips and hold... We've been up for more than a week... Nothing wrong with consolidation... which gives you more time to accumlate and realize bigger gains. Take care. mach
Securities Acquired by SCHUMACHER ROBERT COO, President of BLYC. I like it when people with in the company buying shares. I will be adding more shares. Thanks for the update.
Wow, this is good. I was told by Mr. Lee that someone would be buying 3 million and 5 million shares respectivey. I've seen the acquisition of 3 million and 10 million in the past few days... and the CEO himself telling me something very big is coming! Take care. mach
quote:Originally posted by Bam Bam 17: Securities Acquired by SCHUMACHER ROBERT COO, President of BLYC. I like it when people with in the company buying shares. I will be adding more shares. Thanks for the update.
May God Bless All.
Posted by pennypicker911 on :
i'm new at this. how long are you guys hanging on for ? is this a long term hold or a one week hold thanks for any help or suggestions anyone has
Posted by speed on :
Thanks Mach, damn good email.
Posted by asmurray on :
Hey Mach,
Can you add me to your email lists. I like your posts. asmurray@knology.net
Posted by asmurray on :
Hey Mach,
Could you pleas add me to your email lists. asmurray@knology.net
Posted by JimTrim on :
Hi Mack!
Could you add me to your e-mail list as well?
Thanks!
Jim
E-mail: JMTrimQ80@aol.com
Posted by VNGNTN1 on :
PENNYPICKER Awhile longer.
Posted by cndboy on :
Hey guys... Just a quick question... any news on this ?
Posted by rde3 on :
Mach, can you add me please! I tried once before, but I guess you didn't get my message.
webmaster@neark.net
I'm LONG and STRONG in PGHI
Posted by JoeMillion on :
Moving back up Ask .037 vs. Bid .034 - Joe -
Posted by ignorantbliss on :
Anyone have the live level II?
Posted by m_h13021 on :
quote:Originally posted by ignorantbliss: Anyone have the live level II?
MM skaking weak hands. Hold strong. Mach says news soon. Go Blyc! - Joe -
Posted by cndboy on :
droped 16% so far.... LOL Hold tight nothing to worry about.
Posted by dawn0304 on :
Did anyone see this on the newswire today??
Bruce Kamm is the New CEO of Bentley Bruce Kamm, Highly Regarded Barter & Trade Industry Executive, New CEO of Bentley Commerce Corporation
LOS ANGELES, CA, January 20, 2004 – Bruce Kamm, one of the barter and trade industries most experienced and highly regarded executives, has been named CEO of Bentley Commerce Corporation (OTC:BB BLYC), effective February 1, 2004. is the emerging leader in online barter and trade.
“Bruce Kamm brings 20 years of experience, leadership and extraordinary accomplishments in the barter and trade industry that will be of incredible value to Bentley. “ said Gordon Lee, chairman and current CEO of Bentley. “He has already been instrumental in guiding all aspects of Bentley’s entrée into the industry, including designing and developing VirtualBarter, the business-to-business, Internet e-commerce system that is the foundation for Bentley’s new online marketplaces and distribution channels for worldwide barter and trade.”
Mr. Kamm is the developer of VirtualBarter software that 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. He is also the founder and CEO of Intertrade Capital Group, a global alliance organization that enables barter, trade, countertrade, asset management and alternative capital and financial transactions to greatly expand liquidity and bottom line profitability. At Intertrade he engineered numerous alternative finance and corporate trade transactions for many of America’s foremost companies.
Previously, Mr. Kamm established an ITEX office in New York City, which in less than one year became ITEX’S largest and most successful exchange and facilitated the highest amount of trade volume and revenues of any ITEX office for seven consecutive years, culminating in over $16 million in annual trade volume in 1999.
In addition, Mr. Kamm founded TradeBanc, at the time, the first and only Internet based transactional trade banking system that enabled barter transactions, trade finance and asset auctions between small, medium and large national and international companies on a global basis. He was co-founder of UNITE, the global trade network of barter and trade exchanges. Mr. Kamm also founded and managed a real estate development company that specialized in using trade and offset as a component in many of its real estate and construction transactions.
Bentley’s executive management team will consist of Mr. Lee, chairman of the board and chief financial officer; Mr. Kamm, chief executive officer; Robert Schumacher, president and chief operating officer; and Joe Crump, president of the Bentley Crump Barter Network with its membership of 180 independent local barter exchanges and about 50,000 members that trade through them.
Does anyone have an opinion on the impact of today's PR? The new guy seems to have all the experience...opinions?
Posted by Mav on :
These are great news, and more should be coming in the way.
quote:Originally posted by dawn0304: Did anyone see this on the newswire today??
Bruce Kamm is the New CEO of Bentley Bruce Kamm, Highly Regarded Barter & Trade Industry Executive, New CEO of Bentley Commerce Corporation
LOS ANGELES, CA, January 20, 2004 – Bruce Kamm, one of the barter and trade industries most experienced and highly regarded executives, has been named CEO of Bentley Commerce Corporation (OTC:BB BLYC), effective February 1, 2004. is the emerging leader in online barter and trade.
“Bruce Kamm brings 20 years of experience, leadership and extraordinary accomplishments in the barter and trade industry that will be of incredible value to Bentley. “ said Gordon Lee, chairman and current CEO of Bentley. “He has already been instrumental in guiding all aspects of Bentley’s entrée into the industry, including designing and developing VirtualBarter, the business-to-business, Internet e-commerce system that is the foundation for Bentley’s new online marketplaces and distribution channels for worldwide barter and trade.”
Mr. Kamm is the developer of VirtualBarter software that 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. He is also the founder and CEO of Intertrade Capital Group, a global alliance organization that enables barter, trade, countertrade, asset management and alternative capital and financial transactions to greatly expand liquidity and bottom line profitability. At Intertrade he engineered numerous alternative finance and corporate trade transactions for many of America’s foremost companies.
Previously, Mr. Kamm established an ITEX office in New York City, which in less than one year became ITEX’S largest and most successful exchange and facilitated the highest amount of trade volume and revenues of any ITEX office for seven consecutive years, culminating in over $16 million in annual trade volume in 1999.
In addition, Mr. Kamm founded TradeBanc, at the time, the first and only Internet based transactional trade banking system that enabled barter transactions, trade finance and asset auctions between small, medium and large national and international companies on a global basis. He was co-founder of UNITE, the global trade network of barter and trade exchanges. Mr. Kamm also founded and managed a real estate development company that specialized in using trade and offset as a component in many of its real estate and construction transactions.
Bentley’s executive management team will consist of Mr. Lee, chairman of the board and chief financial officer; Mr. Kamm, chief executive officer; Robert Schumacher, president and chief operating officer; and Joe Crump, president of the Bentley Crump Barter Network with its membership of 180 independent local barter exchanges and about 50,000 members that trade through them.
Posted by ignorantbliss on :
I see the bid has gone up to .032
Posted by JoeMillion on :
Wow someone bought 500,000 shares! - joe-
Posted by dog-n-pony-show on :
sORRY GUYS AND GALS,Ive been on the road all week ,and will now start adding some of the BTLY/BLYC DD related info promised ..over time...concerning Barter/Currenies/Transactions Industries and Concepts or Current realities that should give greater understanding of the scope of BLYC's overall plans and prospects, AND RESULTING ENERGY/ENTHUSIASM TO CURRENT OR POTENTIAL INVESTOR PLAYERS AND ALLIANCE OR ACQUISITION CANDIDATES!
Remeber that Barter is just another form of MONEY and/or CURRRENCY and Exchanging it is just another form of Financial Trade Transaction...albeit a form that is proven but relatively undeveloped or not yet widespread= thus the HUGE Opportunity for enhancing and enabling this First and Future Money...which BLYC is Planning,positioned and progressing on doing so.
REMEMBER:LIQUIDITY AND UBIQUITY ARE THE FACTORS WHICH RULE ACCEPTANCE OF ANY CURRENCY (BARTER-DOLLARS), PUBLIC OR PRIVATE ISSUED, AND THE PERCEPTIONS AND REALITIES "BACKERS" OF THAT CURRENCY (SOVEREIGN CASH=FIAT=WORD TO PAY ;OR COMMODITY-GOODS AND SERVICES ASSETS)AND ITS VALIDITY/STRENGTH. AT ONE TIME,GOLD WAS IT...NOW WHAT?
One repeat link of great source info/DD is: www.BarterNews.com ,and related industry links from there), from which the following is excerpted:
Electronic Barter Network Will Fuel World Economy
The competition for capital is going to be dramatic as the enormous needs for infrastructure development of the 3rd world (lesser developed countries) grows in the coming millennium. More barter is virtually assured as the need for trillions of dollars comes to pass. And the emerging sophistication of the commercial barter industry could well be an important adjunct in providing additional "capital" around the globe.
The use of a commonly used unit of account (trade dollar) and adequate computing power, to make sure all transactions could be settled immediately, would provide a liquidity and financing tool of unimaginative magnitude.
Today's major countertrade deals, now bilateral (one-to-one) trades, are often exceedingly tedious and difficult to finalize because of the nature of such constructive, rigid efforts. However, the rudiments of a major worldwide barter currency is developing. There are several possibilities.
The International Reciprocal Trade Association's "Universal Currency" is the most developed, and accepted by barter companies in 23 countries. With a few changes it could be expanded to incorporate other entities.
Multilateral trading possibilities, for the small business owner as well as the Fortune 500 companies are within the burgeoning commercial barter industry's grasp. The creation and development of an electronic barter economy is going to stagger even the most optimistic visionary.
A worldwide barter currency, backed by goods/services and uninhibited by borders, could become larger than any country's central bank. (The coming issue of BarterNews will expand on this staggering notion.)
-------------------------------------------------------------------------------- NOTE: THE NETWORK THAT BLYC IS LOADING ONTO ITS SYSTEM OF 180 PLUS EXCHANGES AND 50,000 PLUS MEMBER BUSINESS'...AND GROWING, WILL ALL SYSTEMATICALLY CONVERT THEIR BARTER/SCRIP CURRENCIES TO THE BLYC OVERALL "BARTER-DOLLARS" DURING ANY ONLINE OR POS (RETAIL POINT-OF-SALE)TRADE TRANSACTIONS....MAKING IT THE CURRENCY OF CHOICE AND STANDARD FOR ALL TRADES. IT WILL THEN SOON BE THE MOST WIDELY USED/ACCEPTED (UBIQUITOUS AND LIQUID)BARTER CURRENCY (COMMODITY BACKED...GOODS AND SERVICES AT LEAST...) ON THE PLANET!
OTHER TECHNOLOGIES OF BLYC AND AFFILIATES ALLIANCES WILL EXPONENTIALLY ENHANCE THAT...STAY TUNED...FOR THE REST OF THE STORY...AND NEWS/REVIEWS...AND LOGICAL VISIONS OF SOON FUTURE REALITIES AT BLYC!
Posted by dog-n-pony-show on :
Note especially this excerpt quote from the BarterNews.com article posted:
"The creation and development of an electronic barter economy is going to stagger even the most optimistic visionary.
A worldwide barter currency, backed by goods/services and uninhibited by borders, could become larger than any country's central bank"
. (The coming issue of BarterNews will expand on this staggering notion.)
as she said..."ITS HUGE..REALLY REALLY HUGE"...
SHALOM! ECONOMIC PEACE & POWER,AND RESULTANT PROSPERITY/PROFITS ARE A COMIN'...MORE ON ALL THIS LATER...BUT SOON!
ANYONE CAN CHIME IN AND COMMENT OR EXPAND/EXPOUND ON THESE THEMES...BE MY GUEST...LETS GO BLYC TEAM!
Posted by dog-n-pony-show on :
CHECK THIS LINK AND RELATED SUB-LINKS WITHIN, FOR MORE ON:
THE ORIGINAL MEANING OF TRADE MEETS THE FUTURE IN BARTER
Simple One-to-One Exchanges Will Give Way to Organized, Computerized, Multi-Lateral Barter
The following article was written for World Trade magazine by BarterNews editor Bob Meyer.
In late August the world's economic leaders met for an annual policy conference in Jackson Hole, Wyoming. Alan Greenspan was there, as were the heads of the central banks of Britain, Japan, and 26 other countries.
One of the attendees, Mervyn King, Deputy Governor of the Bank of England, ruminated on the impact of electronic commerce and the future of money. His conclusion, quoted below, will be startling to some, yet obvious to others--particularly those engaged in the commercial barter industry, which I've been covering for 20 years.
"There is no reason products and services could not be swapped directly by consumers and producers through a system of direct exchange--essentially a massive barter economy.
"All it requires is some commonly used unit of account (trade dollars) and adequate computing power to make sure all transactions could be settled immediately.
"People would pay each other electronically, without the payment being routed through anything that we would currently recognize as a bank. Central banks in their present form would no longer exist--nor would money."
International business growth coupled with today's blistering technological change, means it's only a question of time before electronic commerce impacts the role of money, inasmuch as companies of every size look for easier, more efficient ways to facilitate their business efforts.
Mr. King's suggestion of electronic barter payments would make international business considerably easier for many, as it would negate today's struggle to acquire sufficient U.S. currency--which is still the unit of exchange in the majority of international transactions. Barter is used because foreign trading partners don't have, or don't want to use, their limited hard currency to buy products and services from the sellers.
Unfortunately, today's international mode of bilateral one-to-one barter is very tedious and restrictive. The foreign entity uses the U.S. company to, in effect, become their defacto marketing arm. Additionally, growing nationalism often requires an "offset" component be added to the transaction. The buyer's country dictating, "If we give you this (sale) business opportunity, you will be expected (or required) to bring back business to our country--a percentage of the deal's total value." This could be in the form of pushing tourism toward them, building a factory in their country, or agreeing to make selected purchases for other products and services from the country.
Various countertrade mechanism's will evolve as the magnitude of world trade expands. (The World Trade Organization, the U.S. Dept. of Commerce, and The Economist magazine say it accounts for 8% to 10% of the $5 trillion business now done between the countries of the world.) One of the changes will be the introduction of a direct exchange utilizing a unit of account as envisioned by Mr. King. The use of a "trade dollar" as a form of payment offers multi-lateral trading possibilities. Interestingly, it's an alternative already being used by hundreds of thousands of small business owners. And its use is growing, percentage-wise, faster than countertrade.
Computer + Trade Dollars = Multi-Lateral Trading
Whereas countertrade has always been used by Corporate America, this new form of barter evolved from the small business sector. Known as a trade exchange, it's a proven, effective way to conduct business without the use of cash. Now used worldwide by some 600,000 companies aggregately, it has recently taken on an international bent by increasing its availability from three countries ten years ago to a present 23 countries. This method of trading is more sophisticated and versatile than today's countertrade methods, because it's multi-lateral rather than countertrade's bilateralism. In short, why would one take canned hams as a countertrade payment, which entails remarketing, if one can instead acquire a unit of account (a trade dollar) which can be spent in a variety of ways for needed products and services? A trade dollar is easier, faster, and less expensive to use.
How A Trade Exchange Works
In 1960, "Mac" McConnell, then a 38-year-old unsatisfied president and principal stockholder of a Los Angeles thrift and loan, devised and developed a debit and credit system for barter which enabled traders to circumvent the cumbersome one-on-one trading.
McConnell, who studied accounting at Washington University and later earned a master's degree in econometrics--the statistical application of economics--at the University of Chicago, not only developed a professional accounting system for barter, but more importantly created a credit system that gave it liquidity.
The company he started, Business Exchange (known in the industry as BX), is one of the largest exchanges in the U.S. with 20,000 members. Shortly after his successful endeavor others followed, all emulating the McConnell model. There are now over 700 trade exchanges worldwide, with 450 of them located in the United States.
A trade exchange is a privately-owned company that provides its members a conduit to other like-minded members, who sell and buy from each other using a trade dollar as a medium of exchange (equivalent to one cash dollar for use of accounting purposes).
Each time a member makes a trade purchase, the exchange debits the buyer's account and credits the seller's account with trade dollars. Sales are normally made at the seller's normal pricing structure, whether retailer, wholesaler or liquidator. A cash commission of typically 10% is paid to the exchange for its services.
Under the Tax Equity & Fiscal Responsibility Act of 1982 (TEFRA) trade exchanges are classified as third-party record-keepers, having the same fiduciary obligations as bankers and stock (securities) brokers. For tax purposes trade dollars are taxable in the year they are earned, and reported as such on 1099-B forms to the IRS. All members of an exchange get a 1099-B showing their barter sales for the calendar year.
Industry Associations Established
In 1979, the first of two national trade associations was formed. Known as the International Reciprocal Trade Association (IRTA), its goal in those early days was to bring together trade exchanges to foster the common interests of a fledgling commercial barter industry.
Today IRTA members (barter companies) come from as far away as Russia, Iceland, Germany, Chile, Turkey, and Australia. A second association, the Cleveland-based National Association of Trade Exchanges (NATE) came into existence in 1984 and focuses on a domestic agenda for its membership.
Universal Currency Established Promoting Global Barter Business
It wasn't long after the first IRTA organizational meeting in California twenty years ago that trade exchange owners, newly introduced to one another, began trading among themselves so they could expand the goods and services offered to their respective networks--thereby helping their clients.
They did so on a reciprocal basis, owner-to-owner, inasmuch as their trade dollar currencies were inconvertible. However, given the inherent risks in providing extensive credit to one another, the potential for trade between trade exchanges was limited until a way of lessening the liability was created.
That occurred in 1996 when a proposal was made by IRTA's chief executive to establish and operate a Universal Currency Clearinghouse (UC). Instead of trading hard product between each other, a currency just for this purpose would be established. IRTA would administer and control the currency.
The idea was overwhelmingly approved by the Board of Directors, and the opportunity was immediately at hand to develop a worldwide system which would enable trade exchange owners, regardless of their size or location, to easily trade with one another by using this special currency. Transactions are processed by an automated 24-hour authorization center or via e-mail, with UC monthly trading volume currently at $1 million.
Dot.com Companies Enter Barter Arena
Within the last year barter on the internet has appeared and promises to take the industry to the next level, as the bartering opportunitiess for various products and services become increasingly global using this new medium.
Ubarter.com in Seattle and Melbourne-based BarterExpress.com are expanding rapidly. On the horizon are two other venture-capital backed internet barter companies, which are in the pre-launch stage. Their backing reportedly comes from Kleiner Perkins Caufield & Byers, and Sanford Robertson, as well as Vector Capital.
Recently a new market-making service, TradeBanc.com, has been introduced by one of the industry's successful practitioners. Its computerized technology will enable members of trade exchanges to trade directly, online, with members of other trade exchanges--anywhere in the world--as long as their barter company is a TradeBanc affiliate.
Every barter company will continue to have their own front-end, operating as they do now. That's because TradeBanc (being the market-maker) is the facilitator or clearinghouse, rather than a third-party record keeper.
The new technology will be a valuable adjunct to the commercial barter industry. It promises to catapult international trading efforts forward since the aggregation of all goods and services from all the participating TradeBanc affiliates will be housed in a single database. The tranactions will be cleared by the local exchanges, and settlement will be made using IRTA's Universal Currency.
How Your Company Can Benefit
Trade exchanges and corporate barter companies facilitate the movement of $10 billion in goods and services annually. Now done almost entirely in their respective domestic markets, as the Universal Currency is still in its infancy.
That is changing, however, as members of trade exchanges are finding that trips abroad can be handled through their trade exchanges. I personally know scores of business owners who have taken extensive business trips to Europe and Asia, covering the expenses with trade dollars. Additionally, media around the world is increasingly available for companies who have international needs.
For further information on barter companies that are members of IRTA and use the Universal Currency, contact IRTA at (312) 461-0236, or their web site:www.irta.com.
Conclusion Mr. King's vision of the future implementation of direct exchanging--becoming an immense barter economy--is plausible, because all the ingredients necessary for attainment are now at hand with today's enormous and ever-growing computer power. The use of trade dollars, as a viable currency or a medium-of-exchange, is four decades old and utilized in millions of transactions.
The ubiquitousness of the internet and its infrastructure should/could enable the development of a massive online electronic barter economy, to complement and expand the off-line barter offices now dotted around the globe. Which leaves only one final part of the puzzle to be found--capitalization.
Basically, this will require that one or more major corporations grasp in totality the enormous magnitude of creating and ultimately implementing a private, worldwide barter currency.
The move in this direction is, admittedly, very fragmented at this time. But the commercial barter industry's evolution is on-going and will continue. Dot.com companies entering the barter arena will speed the movement forward. The question at this time is: How big will the electronic barter economy ultimately become?
Given the projections for U.S. business-to-business e-commerce (defined as orders placed between businesses via the internet) which is expected to explode over the next few years reaching $1.3 trillion in 2003, it is not that far a reach to assume that with financial might and manpower, the creation of an efficient, effective mechanism for commerce could be constructed which would allow for the payment and acquisition of goods and services by utilizing one's own products and services.
About the author: Bob Meyer, a former major league baseball player, is the founder and publisher of BarterNews magazine, established in 1979. In 1997 he was the third inductee into the IRTA "Barter Hall of Fame." He can be reached at www.barternews.com.
LOOK FOR MORE EXPANSION ON BLYC BARTERDOLLARS ONLINE AND POS UNIQUE "CARD" SOLUTION...SOON...OLD PR GIVES HINTS THRU BTLY/BLYC ANNOUNCED ISO WITH HMSBLUE.COM AND RELATED ONCALDERA.COM AND XMOOLA.COM/PINPAGO.COM. SEE THIS OLDER PR ON BLYC WEBSITE ARCHIVES= www.BentelyCommerce.com ...and repost it?
Now more related on topic from Top playres:
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The Future of Money
He used to be the most powerful banker in the world. Now he's talking like a cypherpunk. An amazingly frank interview with Walter Wriston about money, the economy, and the digital era.
By Thomas A. Bass
SEE ALSO Archive Category: Future of Money
6.05 - May 1998 The Promise of One to One (A Love Story) The honeymoon's over. A new look at the Web's true power to serve and sell you. By Chip Bayers
6.05 - May 1998 Europe to U.S.: No privacy, no trade. The European Union has a very simple plan: they want every country on Earth to adhere to a global privacy code. By Simon Davies
6.01 - Jan 1998 Is The Revolution Over? An anthropological expedition to late 90s Silicon Valley reveals that it takes more than some engineers, VCs, headhunters and electronics stores to make a miracle. By Po Bronson
5.12 - Dec 1997 Attention Shoppers! The currency of the New Economy won't be money, but attention -- A radical theory of value. By Michael H. Goldhaber
Global Economy
Privacy
Encryption
Online Commerce
He used to be the most powerful banker in the world. Now he's talking like a cypherpunk. An amazingly frank Wired Interview with Walter Wriston about money, the economy, and the Digital Era.
Want to know about the future of money? Talk to Walter Wriston.
Wriston was there at the creation of the modern wired economy, when money began turning itself into bits and bytes and started flowing around the world through satellite transponders and fiber-optic cables.
Wriston bet the bank on technology during his 17-year reign as chair and CEO of Citicorp/Citibank. Under Wriston, Citibank set out in the 1970s to "wire" its customers into automated, online, checkless, international users of "financial supermarkets" based on CATs and ATMs. This "thin branch" of customers wired into a global network would be the engine of Citibank's financial growth.
By the time Wriston retired in 1984 - turning the bank over to John Reed, the wunderkind who had implemented much of Wriston's technological vision - Citibank was America's largest bank, and its investment in computer hardware and software was approaching US$1.75 billion.
Wriston, who has served on the boards of several dozen companies ranging in size from Silicon Valley start-ups to General Electric, is the author of two books on money (Risk & Other Four-Letter Words, 1986, and The Twilight of Sovereignty: How the Information Revolution Is Transforming Our World, 1992). The basis for wealth, he says, has evolved from land to labor to information.
"Information about money has become almost as important as money itself," he said - a famous remark now inscribed in the lobby of New York's Library of Science, Industry, and Business.
Wriston is the subject of a 1,000-page biography called Wriston: Walter Wriston, Citibank, and the Rise and Fall of American Financial Supremacy (1995), which regards him as the kingpin of modern American finance. "I'm too busy to read it," says the 77-year-old banker. "That's the past. I'm interested in the future."
Wired: What is the future of money?
Wriston:
The revolution that's waiting in the woods is smartcards. They issued 300,000 during the Olympics in Atlanta. It was the first mass use of smartcards in America.
Explain smartcards.
One kind is an electronic purse. It's basically a traveler's check that makes exact change. You give 7-Eleven 50 bucks, and they give you a card that goes in vending machines. When the card is debited down to zero, you throw it away.
The second kind of smartcard is rechargeable. A third kind involves identification. It holds a computer chip with your DNA signature or a digital picture.
This technology is on the verge of exploding, and when it does, people will think of smartcards as money in the same way they now think of traveler's checks as money.
Can anyone issue smartcards?
The United States had no central bank until 1913, so every bank issued its own dollar bills. In the early days these bills were different colors and sizes, and some of them weren't worth the paper they were printed on. The same thing is happening with smartcards. 7-Eleven is issuing smartcards.
Why switch from greenbacks to smartcards?
The idea of carrying a card with both built-in identification and money has a certain charm, as opposed to carrying a bunch of cash that can get lost or stolen. The card is secure, because it won't work unless you know the personal ID numbers. In France, they introduced smartcards by fiat: they just announced one day that you had to use smartcards for all automatic teller machines. Smartcards are very big in Germany, and in 1995, 400 million smartcards were shipped to Asia. You can't make a phone call in Japan without one. Maybe I'm wrong, but I think money is about to remake itself.
Thomas A. Bass (tab@hamilton.edu) is the author of The Eudaemonic Pie. His latest book, Vietnamerica: The War Comes Home, is published by Soho Press
Page 2 >>
Posted by dog-n-pony-show on :
Bentley To Provide Credit and Debit Cards Bentley Communications Corp. to Provide Credit and Debit Cards, Online Checks and Loyalty Programs to the 50,000 Businesses that Trade through Exchanges on its Crump Barter Network
LOS ANGELES, CA-October 28, 2003 – Bentley Communications Corp. (OTC BB:BTLY), the emerging leader in the online trade and barter industry, has signed an Independent Sales Office (ISO) agreement with HMSBLUE Corp. to provide transaction processing services including credit, debit, online checks, ACH, loyalty and gift card issuing and acquiring. Bentley will offer these services to the estimated 50,000 companies that trade through the exchanges on its Crump Barter Network.
Bentley will offer a host of programs and products through HMSBLUE for merchants that want to accept credit and debit card payments. This includes Internet Payment Gateway (iPG) which provides merchants using electronic commerce with a cost-effective and robust way to securely process payment cards and ACH transactions through the Internet in real-time, and iSwipe which reduces costs by processing swipe (card present) transactions through the internet, in addition to terminal based hardware and software POS solutions.
Bentley will also offer HMSBLUE’s stored value, gift and loyalty card programs that are powered by eBusiness Secure & Guaranteed™, developed by HMSBLUE's sister company Oncaldera Corp. This includes PINpago, a payment product for internet transactions where financial institutions authenticate their customers (buyers), and send guaranteed payments to merchants (sellers).
About HMSBLUE:
HMSBLUE, based in Los Angeles, is a technology-driven, business-to-business provider of comprehensive merchant authorization, settlement and accounting systems as well as a broad range of Point-of-Sale products and services. HMSBLUE, a Visa and MasterCard registered ISO/MSP of the J P Morgan Chase Bank, offers Credit, Debit, online checks, ACH, loyalty and gift card issuing and acquiring services.
About Bentley Communications Corporation:
Bentley 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 proprietary 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.
More News ... January 21, 2004 06:00 AM US Eastern Timezone
Bruce Kamm, Highly Regarded Barter & Trade Industry Executive, New CEO of Bentley Commerce Corporation
LOS ANGELES--(BUSINESS WIRE)--Jan. 21, 2004--Bruce Kamm, one of the barter and trade industry's most experienced and highly regarded executives, has been named CEO of Bentley Commerce Corporation (OTCBB:BLYC), effective February 1, 2004. www.bentleycommerce.com is the emerging leader in online barter and trade.
"Bruce Kamm brings 20 years of experience, leadership and extraordinary accomplishments in the barter and trade industry that will be of incredible value to Bentley," said Gordon Lee, chairman and current CEO of Bentley. "He has already been instrumental in guiding all aspects of Bentley's entry into the industry, including designing and developing VirtualBarter, the business-to-business, Internet e-commerce system that is the foundation for Bentley's new online marketplaces and distribution channels for worldwide barter and trade."
Mr. Kamm is the developer of VirtualBarter software that 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. He is also the founder and CEO of Intertrade Capital Group, a global alliance organization that enables barter, trade, countertrade, asset management and alternative capital and financial transactions to greatly expand liquidity and bottom-line profitability. At Intertrade he engineered numerous alternative finance and corporate trade transactions for many of America's foremost companies.
Previously, Mr. Kamm established an ITEX office in New York City, which in less than one year became ITEX'S largest and most successful exchange and facilitated the highest amount of trade volume and revenues of any ITEX office for seven consecutive years, culminating in over $16 million in annual trade volume in 1999.
In addition, Mr. Kamm founded TradeBanc, at the time, the first and only Internet-based transactional trade banking system that enabled barter transactions, trade finance and asset auctions between small, medium and large national and international companies on a global basis. He was co-founder of UNITE, the global trade network of barter and trade exchanges. Mr. Kamm also founded and managed a real estate development company that specialized in using trade and offset as a component in many of its real estate and construction transactions.
Bentley's executive management team will consist of Mr. Lee, chairman of the board and chief financial officer; Mr. Kamm, chief executive officer; Robert Schumacher, president and chief operating officer; and Joe Crump, president of the Bentley Crump Barter Network with its membership of 180 independent local barter exchanges and about 50,000 members that trade through them.
About Bentley Commerce Corporation:
Bentley Commerce Corporation 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.
Posted by JoeMillion on :
Thanks dog-n-pony-show for dd, looks like winner. Holding for big bucks. - joe -
Posted by dog-n-pony-show on :
Seigniorage The difference between the value of money and the cost to produce it.
Seigniorage may be counted as revenue for a government when the money that is created is worth more than it costs to produce it. This revenue is often used by governments to finance a portion of their expenditures without having to collect taxes. If, for example, it costs the U.S. Government $0.05 to produce a $1 bill, the seigniorage is $0.95, or the difference between the two amounts
NOTE: EVEN PRIVATE CURRENCY PRODUCERS EXPERIENCE THE ADD-VALUE OR REVENUE INHERENT IN "SEIGNIORAGE"...THINK ABOUT IT! AN OTC:BB STOCK USED FOR FUNDING START-UP AND EXPANSION/IMPROVEMENT OF COMPANY IS REALLY A "BARTER CURRENCY".
ADD YOUR OWN PRIVATE GLOBAL LIQUID/UBIQUITOUS UNIVERSAL STANDARD OF BARTER CURRENCY TOO (BLYC = BARTERDOLLARS).....PLUS ALL TRANSACTIONS REVENUES IN CASH AND BARTER AND INCREASED VALUE OF BLYC STOCK TOO...AND YOUVE GOT SYNERGISTIC/EXPONENTIAL VALUE GROWTH...CAPICHE?
MORE COMING....IT ALL GETS BETTER...ITS ALL GOOD...GO BLYC!
Posted by dog-n-pony-show on :
"Barter and the FUTURE of MONEY: The CURRENCY crisis"- by Treey Neal and Gary Eisler = avail from Amazon etc...is a GREAT eye ear and mind opener...for serious long-term investors DD...
Editorial Reviews G. Dale Weight, Ph.D., former Federal Reserve Economist "A most intriguing and exciting book. It opens one's eyes to the future of a new marketplace."
Joe Morris, CPA author, former Project Manager with the Financial Accounting Standards Board "An enlightning and stimulating book with a very unique perspective. A fascinating discussion of the evolution of how people exchange."
About the Author Years of experience in the Barter industry. Neal founded ITEX, the largest retail barter company in the country. Neal is a financial consultant to businesses and governments in eleven countries as well as a number of legal and aco****ing firms in the US and Canada.
Book Description Authors introduce readers to alternative economies-where big deals and transactions take place with "trade dollars", and "cash equivalent credits". Author shows how important trading will become in the future as more and more savvy business people, enter the entrepreneurial market.
Many examples shown how airline credit, artwork, stocks, phone cards, media credits and other goods become currency.
GO BLYC= BarterDollars et al...
Posted by dog-n-pony-show on :
And this is an absolute REVELAION of the past,present,future state of MONEY/CURRENCY and value exchange
The Future of Money: Creating New Wealth, Work, and a Wiser World
by Bernard Lietaer The following bullets are reality-checks extracted from The Future of Money (published in January 2001, also available in German from http://www.futuremoney.de), illustrating the dramatic changes we face in the near future.
Your money's value is determined by a global casino of unprecedented proportions: $2 trillion are traded per day in foreign exchange markets, 100 times more than the trading volume of all the stockmarkets of the world combined. Only 2% of these foreign exchange transactions relate to the "real" economy reflecting movements of real goods and services in the world, and 98% are purely speculative. This global casino is triggering the foreign exchange crises which shook Mexico in 1994-5, Asia in 1997 and Russia in 1998. These emergencies are the dislocation symptoms of the old Industrial Age money system. Unless some precautions are taken soon, there is at least a 50-50 chance that the next five to ten years will see a global money meltdown, the only plausible way for a global depression.
The Information Age has already spawned new kinds of currencies: frequent flyer miles are evolving toward a "corporate scrip" (a private currency issued by a corporation) for the traveling elite; a giant corporation you never heard of is issuing its own "Netmarket Cash" for Internet commerce; even Alan Greenspan, Chairman of the Federal Reserve, foresees "new private currency markets in the 21st century."
Exorbitant compensations are paid to the very few at the top: it started with movie stars and sports heroes, and has now spread to top lawyers, traders, doctors, and business leaders. In the 1960’s CEO’s salaries were only thirty times greater than those of the average worker, compared with two hundred times today. Is this the dawn of a society where "Winner-takes-all" or a short-term last gasp of the transition out of the Industrial Age?
1,900 local communities in the world, including over a hundred in the US, are now issuing their own currency, independently from the national money system. Some communities, like in Ithaca, New York, issue paper currency; others in Canada, Australia, the UK or France issue complementary electronic money.
The value of barter transactions — exchanges which do not use any money as medium of exchange - totaled almost $6.5 billion in 1994 in the US and Canada, and is increasing three times faster than normal exchanges. The magazine "Barter News" covers the industry’s development and now has 30,000 subscribers. It estimates the total barter worldwide at $650 billion in 1997, and growing at an annual rate of 15%.
All of the above is part of an irreversible process of change in our money system and our societies. We are now in a transition period, an interval of great risk but also of great opportunity. The risks are not only financial, some of the emerging money technologies could create a society more repressive than anyone of us thought possible. More importantly major opportunities are also becoming available: now more than ever it has become possible to address some of the most critical issues of our times, such as enabling more meaningful work, fostering cooperation and community, even realigning long-term sustainability with financial interests. None of this is theory, real-life implementations have pragmatically demonstrated such results. Combining these innovations can make available a world of Sustainable Abundance within one generation.
Specifically in Europe, the traditional ways to handle unemployment are increasingly failing. In areas with high unemployment, people have already demonstrated that living conditions can be significantly improved by creating their own complementary currencies instead of just relying on welfare. Surprisingly, it is in fact not the first time that such solutions have been successfully implemented in the Modern world. During the 1930’s many thousands of such initiatives were operational in the US, Canada, Western Europe and other areas affected by the Depression. Complementary currencies could become a key tool to buffer a region from the shocks caused by failures and crises in the official money system. Finally, this approach is a win/win for both locally owned businesses and society at large.
The degradation of the environment due to short-term financial priorities can similarly be addressed with pragmatic money innovations. Short-term thinking is shown not to be due to human nature, but to the prevailing money system. It is also possible to reverse this process, by using a currency designed specifically for multinational trade and contracts which would make long-term thinking a spontaneous process, focusing the attention on long-term sustainable solutions without the need for regulations or taxation. Historical precedents have proven such results, some of them lasting over several centuries.
Introduction Three Promises Underlying Viewpoint
Chapter 1: Money - The Root of All Possibilities The Time-Compacting Machine Age Wave Information Revolution Climate Change and Biodiversity Extinction Monetary Instability Money at the Core of the Time Compacting Machine What is Sustainable Abundance? What Prevents Sustainable Abundance? Four Seasons in 2020 Spring Summer Fall Winter
Creating Sustainable Abundance with Complementary Currencies A Road Map to Your Money, Your Future PART ONE: What Is Money? Synthesis of Part One Chapter by Chapter Outline A Primer on How Money Works "Your" Money How does Banking Work? How Did Banking and "Modern" Money Start? The Secret of "Modern" Money Credit Markets
Your Savings: Storing Value A Scorecard Real Estate Stocks Bonds Currencies
Central Banks and Other Firemen National Level "Money’s Family Portrait"
Money as a System The Firemen’s Viewpoint Back Full Circle to You
Chapter 2: Today’s Money A "Simple" Question Where is the money mystery coming from? The History of Money The Needs of the Confidence Game Why Money is not a Thing
A Working Definition of Money The Origin of Money’s Power Money Shifts and Power Shifts
Today’s Money Four Key Design Features The Effects of Interest What next?
Chapter 3: Cybersphere--The New Money Frontier Post-Industrial Society=Knowledge Age The Nature of Information Implications for the Economy and Society
The Positive Forces The Negative Forces Distribution and Retail
Implications for Money Payment Systems New Money
Implications for Banks and Financial Services Wisdom in the Information Age? Chapter 4: Five Scenarios for the Future Scenarios - Windows on the Future The Official Future: "More of the Same" Why the Official Future is Not Going to Happen The Corporate Millennium Timetable for the Transition How is this Possible? The Case of the Stealth Mega-Store From Information Age to Corporate Millennium
Careful Communities Assessing Possibilities of Breakdowns The Forces Feeding "Careful Communities"
Hell on Earth Sustainable Abundance The Four Scenarios in Perspective The Two Driving Forces
PART TWO: Choosing Your Future of Money Chapter 5: Work-Enabling Currencies An Important Distinction Unemployed? Who? Me? The Path not Taken in the 1930s Today’s systems Conclusion: Complementary Currencies as ‘Early Prototypes’. Chapter 6: Community Currencies Community Breakdown Currencies that Build Community Complementary Currencies in the Information Age Conclusions Chapter 7: Some Practical Issues Complementary Currencies, Legal and Tax Authorities Complementary Currencies, Central Banks and Inflationary Pressures Elements for a European Social Policy for the Information Age How to Start Your Own Complementary Currency Chapter 8: A Global Reference Currency - Making Money Sustainable Long-term Sustainability Positive Results of the Modern Money system Status Report on Biosphere Earth The Three Tools of Persuasion Relationship between Money systems, Time Perception and Sustainability Far-Seeing Glasses? A Global Reference Currency (GRC) and the Terra Unit Terra as a Business Initiative Chapter 9: Sustainable Abundance A Visit to the Stanford Campus Towards an Integral Economy? The Three Waves toward Sustainable Abundance A Monetary System for Sustainable Abundance The Four Seasons of 2020 Revisited The Four Scenarios Revisited Conclusion Epilogue and Prelude
GO: BARTER, BARTERDOLLARS, VIRTUALBARTER ,INTERTRADECAPITAL, CRUMPBARTER AND ALL OF BLYC ALLIANCES AND ACQUISITIONS...PROGRESSIVE, POWERFUL AND PROFITABLE PLANS-IN-ACTION!
THIS IS REVOLUTIONARY IN SCOPE AND POTENTIAL REVENUES/VALUE...GOT IT?! IF NOT GET IT...DO THE SERIOUS AND THOROUGH DD...STUDY, THINK ADD TOP INTEL AND VISION...AND YOU WILL!
THEN COME BACK TO THE CHARTS AND CHAT FOR MORE AND MORE...ITS ALL GOOD AND ITS ALL-TOGETHER GREAT! GO BLYC!
Posted by dog-n-pony-show on :
Year of the Monkey
Everything will be workable this year. At least the agile Monkey will not give up before trying every angle. There will be success even in impossible ventures, there will be inventions and improvisations galore. Politics, diplomacy, high finance and business will be engaged in one big poker game with everyone trying to outbluff each other. A rather amusing and exciting time in which everyone will be given the opportunity to try his hand at the game. no direct confrontation here, as the Monkey is one who can laugh off his mistakes and improve his bargaining prowess in the next round.
This is a year that will find us all trying to get a better deal by outsmarting the other man. It his hard to keep track of who is winning, as the right hand has no idea of what the left hand us up to. One thing is for sure, this will be an extremely progressive time. We will all steam ahead, and even if we do not apply ourselves to the utmost, we will be carried forward by the surging tide of the Monkey's natural talent for learning and advancement.
The lucky imp of a Monkey who rules this year will urge us to gamble, speculate and exploit risky but ingenious options. If you are quick on the draw, this year will yield huge dividends. It is definitely not a year for the faint-hearted or slow-witted. The Monkey gives no concessions and asks none in return. If there is a recession, the year of the Monkey will quickly put an end to it. Business will skyrocket under his optmisitc and shrewd influence. The Monkey's resourcefullness will amaze and confound everyone.
It is very interesting to note that America was born in the year of the Fire Mokey, 1776. Perhaps this explains her phenomenal growth and fantastic achievements within such a short span of time.
It is said that the Monkey's year will bring many new and unconventional ways of doing things. The motto of this year should be: "Don't take No for an answer!"
Posted by COOLORANGEFREEZE on :
You guys got a winner here! I got lots of PGHI and would love to have a piece of this too
Great DD!!!
Posted by play on! on :
ooo,ooo-- ahahahah (thats a monkey sound) Dude, I can be a monkey. I want to be the monkey! I am a monkey, I am a monkey, I am a monkey.....I will keep saying this. I MUST be the monkey! Maybe they should call it the year of the GREEN monkey. It has a nice ring. Seriously though, bought into this. Not as low as I would have liked, but that may not matter. Looks like a good pick longer term. Thanks for all of the great DD on this one. Play On!
Posted by salem on :
Sorry for interruption how many Shares Outstanding ? what is it Market Cap ? i,m new trader and i,m interested in this stock if you can provide me with web sight about that information i will be thank full
Posted by JoeMillion on :
Blyc just hit bottom! Get time to jump in! Read the News!
Joe
Posted by penny_boy on :
.026x.029
any reason for this fall?
Posted by penny_boy on :
very few trades going through at these levels
low is still .028
Posted by dog-n-pony-show on :
For info online on BLYC and other BB/PS stocks check :
www.otcbb.com and pinksheets.com and EDGAR Online for SEC filings. Just put in symbol for search of BLYC in this case for Bentley Commerce. You can also call the transfer agent for shares in Florida....listed on sites and PR's...as a back-up or adjunct FOR OS/float INFO. The free-trading float is much more important than just the OS, and the # and status of those stock-holders takes more research but can be ascertained.
Also, check the www.BentleyCommerce.com website for much past and present news and foundational facts...and contact info for Company Execs/Officers...you can e-mail fax or call for more specific or expanded info.
But if you dont do enough research on the Barter Industry, the assets and biz plan of this BB Pubco, or the Execs/Owners involved, the OS or MCV wont matter.
Especially know this, that the Chairman/CFo Gordon Lee, has been doing this BB-PS market biz game for 25 years, and has many successes. Including at least 3 deals he has taken from the few cent PPS range to the Multi-dollar range, including ones with more OS and F-Float, OVER A BILLION DOLLAR MCV 3 TIMES...AND HE SAYS THIS WILL BE #4 !
And the reson i believe that is the intent and likely outcome is= ALL THE OTHER DD THAT SHOWS BLYC IS POSITIONED AND HAS THE ASSETS IN PRODUCTS,SERVICES,DATA BASES/CLIENT BASES, EXPERIENCED EXECS (HUMAN CAPITAL),TECHNOLOGIES, ALLIANCES AND ACQUISITIONS, AND MULTIPLE REVENUE STREAMS TO DO IT WITH!
BLYC WILL BE THE DOMINANT FORCE AND TRENDSETTING ENABLER AND ENHANCER FOR THE BARTER INDUSTRY GLOBALLY...WHICH IS MULTI-TRILLION DOLLAR GROSS SALES POTENTIAL MARKET...AND TRANSACTION FEES DO ADD UP= JUST ASK VISA/ MASTERCARD AND THE HUGE MERCHANT PROCESSING GROUPS AND INDUSTRIES!
IT WILL HAVE ITS OWN PRIVATE CURRENCY, WHICH WILL BECOME THE STALWART STANDARD OF BARTER GLOBALLY...THE US-DOLLAR OF PRIVATE CURRENCIES...ALL OTHERS EVENTUALLY BEING TIED TO THE BARTER-DOLLAR OF BLYC!
IF YOU HAVE DOUBTS, DO YOUR DD HOMEWORK/RESEARCH...FOLLOW THE DD I POSTED AND THE LINKS...CHECK IT ALL OUT...AND IF YOU DO IT RIGHT...AND ADD INTELLIGENCE, LOGIC AND VISION= YOULL GET IT TOO!
LONG AND STRONG ON BENTLEY COM!
IMHO!
PS= your profile(if accurate) states youre from or in Saudi Arabia, where several mid-eastern countries recently bought licenses for Bartering with the BLYC VB software...read the PR's and sites for that...it will be huge in 3rd world countries of all types= they understand and utilize Barter More and better than the spoiled USA!
quote:Originally posted by salem: Sorry for interruption how many Shares Outstanding ? what is it Market Cap ? i,m new trader and i,m interested in this stock if you can provide me with web sight about that information i will be thank full
Posted by SilverStreak on :
Mav & Mach, would you like to weigh in on the current situation. I haven't heard from you very much on this stock lately. Magoo?
quote:Originally posted by penny_boy: .026x.029
any reason for this fall?
Posted by SilverStreak on :
Please don't get me wrong by asking that above question, I still have faith in the stock, and still long on it, but just would like to hear your inputs!
quote:Originally posted by SilverStreak: Mav & Mach, would you like to weigh in on the current situation. I haven't heard from you very much on this stock lately. Magoo?
Posted by penny_boy on :
i dont think magoo will be around today
he should be meeting with john fleming in KY today
Posted by Magoo on :
quote:Originally posted by penny_boy: i dont think magoo will be around today
he should be meeting with john fleming in KY today
My ears are burning.
I am in Kentucky now and will be at my meeting in a couple of hours.
Just wanted everyone to know that I have been away for the last week on business but I do still hold all my shares of this stock.
It is at the price I origionaly entered it. I am going to place an order right now to try to get another good block for my group.
I do not day trade any stocks but do keep track of them. Usually give it about a month and then see where I sit and adjust at that point. I do not have the time to keep track like a day trader dose.
I do have faith in this company so I am going to be buying more shares at these prices.
Please do not buy or sell as to what I do. This is just the way I have been tradeing and for me it works.
Good Luck to all
Magoo
Posted by Fallstaff on :
I think the weak longs are bailing at the no news situation...I think they will regret it eventually. Looks like we could get some bargain shares out of the dump!
Posted by dog-n-pony-show on :
E-Commerce Growth (BOTH CASH & BARTER) Will Impact SMBs
By Laura Rush
January 23, 2004
As consumers' level of comfort with online functions such as e-mail and research continues to increase, so too will their level of participation in e-commerce. The next five years will see large growth in e-commerce - growth that could positively impact small businesses that have established themselves as legitimate, trustworthy merchants.
U.S. online retail sales are expected to reach $65 billion in 2004, and will continue to grow by a compound annual growth rate of 17 percent through 2008 to top $117 billion, according to a report issued last week from Jupiter Research, (a division of Jupitermedia Corp., the parent company of this site).
According to the report, "Market Forecast: U.S. Retail 2004-2008," the growth in online retail will be due in part to new online buyers, not just veterans, who have come to embrace the medium. Jupiter expects that the online buying population will grow by 14 percent in 2004, representing 30 percent of the U.S. population. By 2008, one-half of the population will make purchases online.
As more and more new online users convert to online shoppers, small e-commerce businesses ultimately will benefit, said Jupiter Research analyst Patti Freeman Evans. "SMB's benefit, as all businesses do, with greater adoption of online purchase and reduced fear. [However] Small retailers need to ensure that consumers have every reason to trust them," Evans said.
According to the report, during this time of new user growth, businesses should continue to target first-time online buyers as part of their new customer-acquisition efforts, as well as focus on retention marketing efforts in order to gain increased wallet share after a consumer's initial purchase. For small businesses, attracting these new buyers means getting the message across loud and clear that you are legitimate.
How do you convince potential customers that you are legitimate and trustworthy? "Be clear about security on all fronts, be sure to execute immaculately," said Evans. "Because [businesses] are small, their brand name may not be known to the breadth of consumers they may reach through online. So, they need to be sure they manage their messaging well."
Average Spending to Rise Online retail growth will be fueled by another factor: increased average spending per buyer. In 2004, online buyers are expected to spend an average of $585 person, up from $540 per buyer in 2003. That trend in higher spending is expected to increase over the next five years: Through 2008, average spending per buyer will be close to $780 per buyer.
According to Jupiter Research, the increase in average spending is a reflection of the maturation of the online shopping market. Contributing factors that add to the likelihood that consumers will spend more online include more offline merchants adding online components to their businesses, which gives consumers more reasons to shop online, and improved product comparison features.
In this realm, small businesses will face different challenges from their big business counterparts.
"What is unique to small businesses is that though consumers do look for items not readily available in their local market, they also want to trust the retailer from whom they purchase. So, small businesses need to be sure that they have legitimate and very strong vendor ratings in every place consumers may find their products, like comparison-shopping sites," said Evans. "Also, adding consumer feedback sections to their own site could help the credibility factor."
Evans said she also feels that acquisition marketing and awareness-building tactics are critical for small businesses. "Search engine marketing, along with comparison-shopping site listings and well-managed affiliate programs are ideal tactics and generate real ROI," Evans said. "It is important that small businesses allocate staff to manage these programs as that will pay off immediately."
Growth by Category In the next five years, small business merchants should realize that not all retail categories will grow at the same rate. Jupiter Research's forecast groups retail categories in three growth modes: Plateau, Steep and Steady:
Categories in the Plateau group will experience compound annual growth rates of below 10 percent and include areas such as PCs, books and software. Areas of steep growth (above 30 percent) are found primarily in the home and personal care categories such as home improvement, grocery and over the counter drugs. According to the report, the remaining categories comprise half of total online retail sales and include heavy volume players such as apparel and consumer electronics. Ultimately, small businesses should understand that there is still double-digit growth coming from online sales, and that more and more people are choosing the Internet to make purchases. As such, online buyers will be adding more and more product categories to their online purchases. And by ensuring a solid position as a trusted merchant, small businesses will be able to reap the benefits of the coming growth in e-commerce.
-------------------------------------------------------------------------------- Laura Rush is Managing Editor of ECommerce-Guide.com.
Posted by VNGNTN1 on :
EVERYONE I like this stock, I am very old and can't concentrate very well, woud sure appreciate if everyone could summarize thier thougts into less than 4or5 lines!! Van
Posted by TRSTURGUT-18 on :
Just some news..Hope we start going North...
Bentley Communications Corp. Offers Wi-Fi and Fitness Centers through its Trade Marketplace for the Hospitality Industry
Bentley Communications Corporation, the emerging online leader in the trade and barter industry, has announced two major vendors in its new Hospitality Exchange. These are Third-Rail, that designs, installs and manages wireless Internet and advanced infrastructure services to hotels and resorts, and Nautilus FITwave Centers, the first fitness facility to combine a marketable, fun, themed environment with exercise programming that is suitable for all levels of participants. Both companies will accept a portion of their selling price in excess room night and food and beverage capacity. "Attracting quality vendors to Bentley's Hospitality Exchange is critical to our success," said Joe Crump, who heads Bentley's Crump Barter Systems and developed the Bentley Hospitality Exchange. "Third-Rail and FITwave certainly meet this criteria. Both are global companies and both provide highly desired, state-of-the-art services for hotels and resorts. "Wireless systems are quickly becoming a requirement for upscale hotels and resorts," continued Mr. Crump. "Third-Rail's comprehensive solutions will give these hotels and their guests the complete wireless, high-speed Internet access service that has become a must-have for today's traveler. While Third-Rail provides for their guests' communication needs, FITwave will engage guests in physical exuberance, brand immersion, and reward them for their time and participation," said Mr. Crump. Each FITwave Center is designed to meet the unique demands of the most discriminating hotel. From the outdoor FITwave Pavilion, a freestanding 1500 square foot facility appropriate for resorts and larger hotels, to the indoor 1500 square foot model, perfect for urban hotels with limited space, FITwave is the ultimate solution for the hospitality industry's need to provide an exceptional exercise facility without building a full-fledged health club.
In other News:
Bentley's Trade division bartered 28 of its 35 original oil paintings by William Verdult in exchange for 1,220,000 minutes of long distance phone cards. In addition, national radio time on a network of 128 stations across the USA, valued in excess of $100,000, was acquired this week. Under the terms of the agreement, 30-second radio spots that are aired on all 128 stations will be made available to Bentley's Crump Barter Systems over the coming year. The spots are placed and provided by the Da Silva Group Radio Network.
About Third-Rail:
Third-Rail, the first wireless competitive local exchange carrier (CLEC) in the United States, is currently providing customers with a variety of broadband communications services including High-Speed Internet Access, WAN Connectivity, Video IP Broadcasting, Videoconferencing, IP Telephony, and Remote Outsourcing of IS Services.
About FITwave:
FITwave is an alliance between Nautilus and Pavilion Fitness Inc. It is the first branded and themed, turnkey, state-of-the-art fitness center, designed for the hotel industry. It combines the newest, space-efficient equipment designed and built by Nautilus with results oriented FITwave programming, for all fitness levels. It is a self-service, turnkey, professional yet simple facility in a small footprint (1500 Square Feet).
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.
Posted by dog-n-pony-show on :
I wonder if ther is any real METHOD (Stratergy) to this Madness?
What would happen if you combined superior proprietary Online & Offline Financial/Currency transactions technology, with Cash/Barter/Scrip aspects inherent in the system, with Wi-fi?!
Especially if some of that tech also eliminated ID Theft and ALL card/info fraud perpetration(Cd-Rom card ISO for BLYC/BTLY)? And at the same time eliminated charge-backs and reserves on transactions...GLOBALLY!?! Am i looney on this...or is this HUGE in scope and potential?!
I cant say for sure that it will be BLYC to do it...but look at their past PR's...the ones that disappeared with the Name/Symbol Change on Yahooo Finance... present "assets" (alliances/acquisitions)and moves etc etc and propogated plans!??!$#@#$$*Capiche?
IMHO...do your own DD...live with your own conclusions...be well!
Posted by scs005 on :
I'm tired of this. Is there any chance it mighyt come up this month.
Thanx SCS
quote:Originally posted by dog-n-pony-show: I wonder if ther is any real METHOD (Stratergy) to this Madness?
What would happen if you combined superior proprietary Online & Offline Financial/Currency transactions technology, with Cash/Barter/Scrip aspects inherent in the system, with Wi-fi?!
Especially if some of that tech also eliminated ID Theft and ALL card/info fraud perpetration(Cd-Rom card ISO for BLYC/BTLY)? And at the same time eliminated charge-backs and reserves on transactions...GLOBALLY!?! Am i looney on this...or is this HUGE in scope and potential?!
I cant say for sure that it will be BLYC to do it...but look at their past PR's...the ones that disappeared with the Name/Symbol Change on Yahooo Finance... present "assets" (alliances/acquisitions)and moves etc etc and propogated plans!??!$#@#$$*Capiche?
IMHO...do your own DD...live with your own conclusions...be well!
Posted by jr on :
bump. hello? anybody here? was i supposed to sell at .039? am i the only one still holding this stock? haha just kidding.. waiting patiently for the news.
Posted by m_h13021 on :
I am sure Magoo is still in....."BIG TIME". -
Posted by scs005 on :
I am holding this stock big time(0.30). Man , I should have sold this one at 0.04.
I am newbie learning form mistakes. Lot more to learn.
quote:Originally posted by jr: bump. hello? anybody here? was i supposed to sell at .039? am i the only one still holding this stock? haha just kidding.. waiting patiently for the news.
Posted by dog-n-pony-show on :
TIMING IS EVERYTHING...THIS MOVE BY NASD/SEC FINALLY AGAINST NAKED SHORT SELLERS OF OTC:BB (ESPECIALLY BTLY) ALONG WITH FINAL SETTLEMENT FOR THOSE CONS DOING IT BY JAN 30TH (MO. CLOSE-OUT OF BIZ) SETTLEMENT DATE, PLUS GREAT NEWS COMING ON OTHER DEALS (SEE MACH'S E-MAIL ETC)EXPECTED THIS WEEK...WE SHOULD SEE A NICKEL TO A DIME...OR MORE! GO BLYC!
GET THE WORD OUT EVERYWHERE TO EVERYONE AND OURSELVES....BUY AND BUY MORE ASAP...AND HOLD ON THE PROFIT PROPORTIONS! GO BLYC! IMHO!
NASD--stymies naked short sellers
Issue Date: 01.24.04
**SPECIAL WEEKEND EDITION** IN THE MONEY: NASD Tightens Short Selling/Delivery Rule
By Carol S. Remond A Dow Jones Newswires Column
NEW YORK (Dow Jones)--Taking most market participants by surprise, the National Association of Securities Dealers has drastically tightened one of its rules governing short selling.
Known as affirmative determination, the NASD rule stipulates that brokers and dealers engaged in a short sale transaction must make sure that shares can be delivered by settlement time, three days later.
"We closed a loophole," said Steve Luparello, executive vice president of Market Regulation at NASD.
Until now, non-NASD members, like specialists, option markets and foreign brokers, weren't covered under the affirmative determination rule. That means that non-NASD members didn't have to represent to the NASD broker through which they conducted a short sale order that they would be able to deliver the stock by settlement date.
A short seller typically borrows stock from a broker to sell it into the market, betting that the share price will fall so that he can buy the stock back at a lower price and pocket the difference.
The amended NASD affirmative determination rule, which was recently approved by the Securities and Exchange Commission, will particularly affect short sales conducted through foreign brokers, most specifically Canadian brokers which have often been used by investors to sell short the stock of small U.S. companies trading on the Over-the-counter Bulletin Board or OTCBB.
Because it's often impossible to borrow the shares of companies trading on the OTCBB, investors and hedge funds looking to take negative bets on these often-overvalued development-stage companies have traditionally been trading through Canada where it's not required to borrow stock before selling it short. The practice is known as NAKED SHORTING.
That trading avenue has now been effectively closed ! AMEN AND HALLELUJAH...MINE EYES HAVE SEEN THE GLORY OF THE COMIN OF THE LODE...MOTHA-LODE THAT IS! GO BLYC...TO DA MOON!
Posted by dog-n-pony-show on :
OOPS...SORRY MORE DD...HERE IS THE FULL ARTICLE NOW I BELIEVE...STILL LOOKS GREAT...AND MORE COMING FROM THE SEC TO ENHANCE THIS AND STOP/BURY THE PERPETRATORS! GO BLYC!
GOT TO GET THIS OFF TO LEBED AND OTHER COVERAGE SITES AND INTERESTED PARTIES...NOW...CATCH YA LATER ON THE UPSWING CONTINUING LONG-TERM....STAY TUNED TO BLYC GREAT NEWS STATIONS!
DOG (STYLE) & PONY (TOOLS)
quote:Originally posted by dog-n-pony-show:
TIMING IS EVERYTHING...THIS MOVE BY NASD/SEC FINALLY AGAINST NAKED SHORT SELLERS OF OTC:BB (ESPECIALLY BTLY) ALONG WITH FINAL SETTLEMENT FOR THOSE CONS DOING IT BY JAN 30TH (MO. CLOSE-OUT OF BIZ) SETTLEMENT DATE, PLUS GREAT NEWS COMING ON OTHER DEALS (SEE MACH'S E-MAIL ETC)EXPECTED THIS WEEK...WE SHOULD SEE A NICKEL TO A DIME...OR MORE! GO BLYC!
GET THE WORD OUT EVERYWHERE TO EVERYONE AND OURSELVES....BUY AND BUY MORE ASAP...AND HOLD ON THE PROFIT PROPORTIONS! GO BLYC! IMHO!
NASD--stymies naked short sellers
Issue Date: 01.24.04
**SPECIAL WEEKEND EDITION** IN THE MONEY: NASD Tightens Short Selling/Delivery Rule
By Carol S. Remond A Dow Jones Newswires Column
NEW YORK (Dow Jones)--Taking most market participants by surprise, the National Association of Securities Dealers has drastically tightened one of its rules governing short selling.
Known as affirmative determination, the NASD rule stipulates that brokers and dealers engaged in a short sale transaction must make sure that shares can be delivered by settlement time, three days later.
"We closed a loophole," said Steve Luparello, executive vice president of Market Regulation at NASD.
Until now, non-NASD members, like specialists, option markets and foreign brokers, weren't covered under the affirmative determination rule. That means that non-NASD members didn't have to represent to the NASD broker through which they conducted a short sale order that they would be able to deliver the stock by settlement date.
A short seller typically borrows stock from a broker to sell it into the market, betting that the share price will fall so that he can buy the stock back at a lower price and pocket the difference.
The amended NASD affirmative determination rule, which was recently approved by the Securities and Exchange Commission, will particularly affect short sales conducted through foreign brokers, most specifically Canadian brokers which have often been used by investors to sell short the stock of small U.S. companies trading on the Over-the-counter Bulletin Board or OTCBB.
Because it's often impossible to borrow the shares of companies trading on the OTCBB, investors and hedge funds looking to take negative bets on these often-overvalued development-stage companies have traditionally been trading through Canada where it's not required to borrow stock before selling it short. The practice is known as NAKED SHORTING.
That trading avenue has now been effectively closed ! AMEN AND HALLELUJAH...MINE EYES HAVE SEEN THE GLORY OF THE COMIN OF THE LODE...MOTHA-LODE THAT IS! GO BLYC...TO DA MOON!
Posted by dog-n-pony-show on :
IN THE MONEY: NASD Tightens Short Selling/Delivery Rule
By Carol S. Remond A Dow Jones Newswires Column
NEW YORK (Dow Jones)--Taking most market participants by surprise, the National Association of Securities Dealers has drastically tightened one of its rules governing short selling.
Known as affirmative determination, the NASD rule stipulates that brokers and dealers engaged in a short sale transaction must make sure that shares can be delivered by settlement time, three days later.
"We closed a loophole," said Steve Luparello, executive vice president of Market Regulation at NASD.
Until now, non-NASD members, like specialists, option markets and foreign brokers, weren't covered under the affirmative determination rule. That means that non-NASD members didn't have to represent to the NASD broker through which they conducted a short sale order that they would be able to deliver the stock by settlement date.
A short seller typically borrows stock from a broker to sell it into the market, betting that the share price will fall so that he can buy the stock back at a lower price and pocket the difference.
The amended NASD affirmative determination rule, which was recently approved by the Securities and Exchange Commission, will particularly affect short sales conducted through foreign brokers, most specifically Canadian brokers which have often been used by investors to sell short the stock of small U.S. companies trading on the Over-the-counter Bulletin Board or OTCBB.
Because it's often impossible to borrow the shares of companies trading on the OTCBB, investors and hedge funds looking to take negative bets on these often-overvalued development-stage companies have traditionally been trading through Canada where it's not required to borrow stock before selling it short. The practice is known as naked shorting.
That trading avenue has now been effectively closed.
The new NASD rule doesn't cover Canadian brokers, since most are not members of the association, instead it makes it the responsibility of U.S. brokers trading with non-members to make sure that their counterparts will be able to settle a transaction before completing a short sale.
"It's part of (a broker's) supervisory responsibilities," NASD's Luparello said, adding that a non-member's previous failures to deliver should be a good indication of whether or not it will in fact be able to complete the transaction by the settlement date.
Market makers engaged in bone fide market making activities will continue to be exempt from affirmative determination.
Luparello said that, unlike a parallel SEC initiative to tighten short selling rules on the small-cap markets, the new NASD rules did not originate from worries over mounting failures to deliver stock into the national clearing system. But Luparello said the amended NASD rule fits nicely with the new short selling regulations now under consideration by the SEC.
"I think it addresses a gap and (shows) that we, like the SEC, are looking at a variety of things in this area," Luparello said.
The NASD proposal was first submitted to the SEC in November 2001, well before alleged abuses of naked shorting became the focal point of a campaign lead by some OTCBB companies in the U.S that say they have been victimized by the practice.
While some investors argue that short sellers provide a needed service to the markets, others have called for the complete abolition of short selling because of the undue pressure its puts on the shares of companies.
While market participants in the U.S. and abroad are well aware of the new short selling regulations being put forward by the SEC, known as Regulation SHO, most said they knew nothing of the NASD's plan before it became final.
"It's taken us by surprise," said Richard Thomas, head of compliance at Canadian brokerage firm Pacific International.
Although separate from it, the amended NASD rule fits tightly within the SEC's SHO which is now under review by the SEC staff after a period during which market participants were invited to comment on it.
As it stands, the new SEC short selling rules will make it easier to short large-cap stocks since they would do away with the "uptick" rule, which bans short selling on a stock when the price is falling.
But it when it comes to the small-cap markets, where it's often impossible to borrow stock, the impact of SHO will be the opposite, making it harder to short sale stock.
The new SEC rule sets a predetermined level of so-called clearing fails - cases in which a broker or investor cannot deliver stock within two days after settlement - which will trigger a 90-day blackout whereby the customer will not be allowed to short sell that security. That 90-day exemption would affect trading of U.S. securities in and outside the U.S.
The new NASD affirmative determination rule will take effect on Feb. 20.
Posted by dog-n-pony-show on :
MACH
...OR ANY PAID-MEMBER OF LEBED...CAN YOU MAKE SURE LEBED GETS THIS IN RELATION TO BLYC...AND THE PROMO RECOMMENDATION HE ALREADY GAVE...PLEASE!?!
I TRIED E-MAILING IT TO THEMMM....YOU GOTTA BE A MEMBER OR ITS BLOCKED! THANKS!
THIS WARRANTS AN NEW RELEASE/ALERT FROM LEBED...AND MORE BUYING BY HIM AND HIS MEMBERS ETC...
...AND ANY OTHERS WE CAN GET IT TO THAT WERE ON TOP OF BLYC! GO BLYC!
Posted by dog-n-pony-show on :
WHERE IS EVERYBODY? DID YOU ALL FAINT AND FADE CAUSE OF THE LITTLE TEMP CORRECTION NAKED SHORT DRIVEN DIP?
WAIT AND SEE WHAT HAPPENS NOW! NEED SMELLING SALTS ANYONE?!WAKE UP AND SMELL AND SEE THE MON-EEEE!!!= *$#@$$$!!
DAY-TRADING AND DAY-TRIPPIN ARE BOTH FINE...BUT YA GOT TO HAVE A SENSIBLE,SOBER AND SURE STRATEGIC AND SMART STANCE FOR THE LONG-RUN...AND THE LONG-RUN-UP AND UP= IS A COMIN' ! GO BLYC!
Posted by jr on :
LOL
Posted by JoeMillion on :
Hi dog-n-pony-show,
Thanks for posting great dd. I am still here. Adding each time we dip. I love BLYC future plans. Go BLYC!
- Joe -
Posted by clay1999 on :
I'm still here and thinking of buying more stock tomorrow morning (Monday)
Posted by DiQuiRiesco on :
I am also still here and eagerly awaiting the opening bell. This company is entering what could be THE biggest industry on the planet.(IMHO) Just imagine being the forerunner of an industry of this magnitude. This is one company that I am not "playing" simply because of the ramifications of this industry on the global community. The barter system will enhance "Free Trade" beyond our wildest short term expectations. This industry will open markets and increase the quality of life of every man woman and child on this planet.....Mark My Words
Posted by dog-n-pony-show on :
Allrighty NOW guys, thanks for chiming in...its music to my ears!
That opening bell will be the next chimin in I WANNA HEAR...with ringin in the ears and bringin in the shears...er shares...GONNA BE SOME BIG DAYS AND PLAYS NOW GOIN FORWARD!
I cant believe nobody saw or knew how to expand and exploit the Barter industry before BTLY/BLYC....but I am glad its ours for the takin!
GO BLYC...
...and youre right it is HUGE and economically, environmentally and socially sound and beneficial to boot...AND IT BALANCES TRADE CAPACITIES AND INEQUALITES BETWEEN 1ST/2ND/3RD WORLD ECONOMIES...WHO ACTUALLY UNDERSTAND AND PRACTICE BARTER MUCH BETTER AND MORE PROLIFICALLY THAN WE DO!
NOBODY HAS THE FOREFRONT POSITION ANYWHERE CLOSE TO BLYC IN ASSETS,ALLIANCES AND ACQUISITIONS IT HAS NOW...AND MUCH MORE IS A COMIN'...THANK GOODNESS...
Posted by clay1999 on :
I set my sell limit order to 5.00 GTC Clay
Posted by drwright68 on :
I hope one or more of you tech chart analysis genius' will do new charts at close of biz this Wed and this Friday.
I expect we will be back crankin on the lookin Great side again...
I expect some great news to be out before end of week, re: Mach's e-mail , and play off past announcements is about due or OVERDUE...
NOTE:ALSO....ANYONE HERE A MEMBER OF LEBED.BIZ?
CAN YOU MAKE SURE HE/THEY GETS THE NEWS ON THE NAKED SHORT SLAM BY NASD SEC....THE LAST COMPLETE ARTICLE I POSTED....PLEASE?!
AND MAKE SURE YOU REFERENCE BLYC AND HIS LAST ALERT/RECOM ON BLYC...OF COURSE!
HIS FOLLOWING AND HE HIMSELF WILL RING/CHIME (CHA-CHING) IN SIGNIFICANTLY!
THEY HAVE E-MAIL BLOCKED FROM NON-MEMBERS...AND NO FAX # I COULD FIND OUTSIDE THE "MEMBERS ONLY" AREA...
THEN PLEASE POST HIS COMMENTS ,ALERTS, RECOMMENDATIONS ON EFFECT FOR BLYC WHEN AVAIL...
THANKS!
Posted by dog-n-pony-show on :
The Growth And Use Of Secondary Capital (New Money) Creates Unprecedented Wealth In This New Age Of Possibility!
In the new open world economy, the markets have a freer play in judging currency values. And, as civilizations get more efficient in the processing of information, a government's control of money will be even less of a force in the nation's economy.
We will experience a profound monetary change in the coming millenniumŠand it will create an age of possibility such as the world has never known!
Today's high speed computers and fiber-optic communications are dramatically changing the nature of financial transactions and the way we do business.
The definition of old money, as learned in Economics 101—that money is a store of value and a medium of exchange in the form of paper and coins—will be replaced by a new one of today's information age.
The new mints and engravers won't be the central bankers as we've known, but companies like GE, AT&T, and Visa.
And they will include a myriad of smaller entities, both here and abroad, which supply the informational ingredients of money. Information about who earned a credit yesterday, or who can be trusted to pay back a debt tomorrow.
The "new money," no longer defined by the agricultural and industrial ages, is less a medium of exchange and more a measure and comparison of value, controlled almost entirely by the free market.
The implications of moving from "old money" (paper & coins) to an electronic measure of value are dramatic!
Innovative organizations, using the latest in information technologies, are leading us to the time when every producer will have the ability to instantaneously locate parties that want their product and parties that have what they need—possibly eliminating money entirely as a medium of exchange.
Today, paper money is no longer a store of value for us. We choose to store our wealth in other forms, like stocks and bonds, and many other financial instruments that derive value from the underlying assets.
Money stored in a stock is backed not by the full faith and credit of the government, but by the publicly-traded stock. The stock derives its value from the corporate asset it represents, from the opinions of financial analysts, and from shareholders who own the company.
So today money functions as a measurement, a way of communicating value in a common language. As the tools of the electronic age permit companies to create more and more financial instruments (secondary capital), our options will increase.
As money continues to evolve into measurement systems, the implications are dramatic. The growth and use of secondary capital will create unprecedented wealth in this new age of possibility!
There Are Many Forms Of Secondary Capital
Secondary capital or "new money" can be defined as any financial instrument that measures and communicates value in a common language.
Today's electronic, information age increasingly creates more options and opportunities. And money, as we have known it, is rapidly evolving into various measurement systems.
The growth of competing monetary systems as well as every conceivable kind of secondary capital—stocks, bonds, options, warrants, derivatives, commercial paper, lease-backs, accounts receivable, gift certificates, frequent-flyer miles, custom contracts, TV promotions, trade marks/copyrights, area-naming rights, corporate sponsorships, luxury-suite licenses, celebrity-backed annuities, private credit cards, smart cards, unused production capacities, due bills, scrip, trade dollars—collectively become the new money of the next century.
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Posted by ali on :
0.08 would be ok with me
quote:Originally posted by clay1999: I set my sell limit order to 5.00 GTC Clay
Posted by dog-n-pony-show on :
BLYC up 27% and about 4.7 Mil shares trade volume for the day.
Manana should be even better..and ALL days going forward overall...especially key from now till Feb 20th NASD/SEC NakedShort stop action deadline!
Hip Hip Hooray!
Posted by dog-n-pony-show on :
Bank Activities Reform Commission Asking 200 Public Companies To Help Reform United States Securities and Exchange Commission
All Press Releases for January 4, 2004
Bank Activities Reform Commission Asking 200 Public Companies To Help Reform United States Securities and Exchange Commission $5 trillion SEC Negligence Suit moving forward with lead plaintiffs signing on. London Stock Exchange enforces ethics policies better than US. Stock brokers and banks to be named in class action united by American Bank Activities Reform Commission.
New York City, New York (PRWEB) January 2 2004--Free and Clear Press Corps - The American Bank Activities Reform Commission (ABARC) has launched a contact campaign to unite domestic efforts of small cap companies and their stockholders ahead of a planned $5 trillion class action lawsuit against the United States Securities and Exchange Commission which will charge the Commission with negligence in enforcing the Truth in Securities Laws of the United States.
The London Stock Exchange has out enforced the United States Securities and Exchange Commission and the NASD with its severe stance on naked short selling involving Room Service (LSE: RSV).
To that end ABARC is asking stockholders and the managements of companies victimized by naked shorting to join in the planned suit as Lead Plaintiffs through an action which plans to name not only the SEC as an agency of the United States government as the key defendant in the case, but also past and present attorney’s who have worked for or represented the SEC. All told, more than 4,000 SEC registered attorneys may be called upon to tell the truth, the whole truth and nothing but the truth in the case.
Unlike the SEC and NASD, which has electronically penned almost insignificant “small fines,” but which in general has left most of those involved in the practice alone, the LSE has simply ordered market makers involved in the scandal to give investors who did not receive shares their money back. ABARC claims that more than $100 billion has been lost in equity due to the SEC’s negligence in enforcing the Truth in Securities Laws, particularly as it relates to naked shorting.
In the U.S., investors and companies have separately gone to court to seek shares or compensation to seek retribution for the damaging practices of offshore companies, mostly engaged in illegal money laundering for organized crime figures in New York. Some of the members of organized crime families have managed to infiltrate the SEC, the CIA, the FBI and other government agencies and have had a revolving open door to the SEC since the first bootlegging Chairman, none other than Joseph Kennedy, took office in the 1930’s.
ABARC plans to name brokers and market makers who have been previously mentioned in U.S. actions, including E*Trade Group, Inc.; Charles Schwab; A.G. Edwards, Inc.; Citigroup; Bank of America; Deutsche Bank; Depository Trust and Clearing Corporation; FleetBoston; H. Myerson & Co.; H&R Block; TD Waterhouse Group; Ameritrade; Bear, Stearns; Credit Suisse First Boston; Deutsche Bank Securities Inc.; Donaldson, Lufkin & Jenrette Securities Corporation; Goldman, Sachs & Co.; J.P. Morgan Securities Inc.; Lehman Brothers Inc.; Merrill Lynch, Pierce, Fenner & Smith; Morgan Stanley & Co. Inc.; PaineWebber Inc.; Prudential Securities Inc.; Salomon Smith Barney Inc.; SG Cowen Securities Corporation; Warburg Dillon Read in addition to dozens of other bankers and lawyers currently under investigation by the International Bank Activities Reform Commission (IBARC).
British investors who have also invested in US stocks are not satisfied with recent actions taken by the London Stock Exchange in the Room Service action. Nigel Smith of the Room Service Shareholders' Action Group said the offer is "totally unacceptable,” and criticized the exchange for not consulting shareholders before extending the offer.
ABARC is seeking to unite stockholders and companies under one consolidated legal action to not only seek restitution but to negate the possibility of future naked shorting actions by organized crime on both sides of the Atlantic. Some volunteers have also set up a web site called www.investigatethesec.com with over 1,000 persons and over a dozen victimized companies having signed petitions for the US Congress to intervene.
The recent discoveries at Parmalat in Italy has resulted in calls by IBARC leaders for the resignations of top Italian government officials including the head of the Central Bank of Italy and its Prime Minister. Certain attorneys who worked for the SEC during the past 15 years knew or should have known about Parmalat and its phony accounting. The US SEC only recently filed a civil complaint against former Officers and Directors, once again too little too late.
Many market makers, including Evolution Beeson Gregory, sold more shares in Room Service than existed, leaving many investors without either their funds or their certificates. The LSE told the market makers to pay investors who bought “shares” between September 25 and October 22, when trading was suspended, the price they paid for the shares plus any costs of the transactions. The British Financial Services Authority is continuing to investigate the scandal. Trading remains suspended due to what the LSE said was the size of the short positions, but the exchange said trading should begin again after the conclusion of the settlement offer.
In an effort to cover up its negligence in the United States, the U.S. Securities and Exchange Commission has put out Regulation SHO for comment that will end January 5, 2004. Jonathan G. Katz, Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609 is also to be named in the planned class action by BARC members who join as lead plaintiffs. “The SEC should have dealt with this issue in late 80’s,” says one volunteer. “They are running 13 years behind and should have known and in fact did know about the issues soon to be addressed in the Federal Court of Claims.”
Comments may be submitted electronically at the following E-mail address: rule-comments@sec.gov. All comment letters should refer to File No. S7-23-03. Comments submitted by e-mail should include the file number in the subject line. Comment letters received will be available for public inspection and copying in the Commission's Public Reference Room, 450 Fifth Street, NW, Washington, DC 20549. Electronically submitted comment letters will be posted on the Commission's Internet web site (http://www.sec.gov).
Dave Patch, an investor who has been working for almost a decade to bring an end to the abusive naked short selling practices while bringing the attention of the mainstream media to the issue has called the recent proposed regulations “another failure to address how and why it is manipulative, abusive, and problematic and as such fails to drive to the root of the issue”. His comments can be reviewed at this link: http://www.sec.gov/rules/proposed/s72303/depatch110603.txt
IBARC has been critical of the SEC's civil penalty judgment against WorldCom, which provided that WorldCom was liable for a civil penalty in the amount of $2,250,000,000. It further provided that, in the event of confirmation of a plan of reorganization of WorldCom by the Bankruptcy Court — which occurred on October 31, 2003 — WorldCom's obligation to the SEC shall be satisfied by the company's payment of $500,000,000 in cash and its transfer of common stock in the reorganized company having a value of $250,000,000, on the effective date of its plan of reorganization. Under the terms of the settlement, the funds paid and the common stock transferred by WorldCom to satisfy the SEC's judgment will be distributed to investor victims of the company's fraud, pursuant to Section 308 (Fair Funds for Investors) of the Sarbanes-Oxley Act of 2002.
IBARC claims that the entire $2.25 billion civil penalty should be returned to investors, not just $500 million in cash and $250 million in common stock. IBARC also points out that the appointing of former SEC Chairman Richard C. Breeden, who is currently serving as WorldCom's court-appointed Corporate Monitor, to be the Distribution Agent to supervise the distribution of the SEC's civil penalty judgment against WorldCom, smacks of conflicts of interest since the SEC should have known about WorldCom’s fraud when Breeden was the Chairman of the SEC.
Observers of the growing revelations of SEC negligence, particularly in the case of naked short sales 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. The SEC has failed to inform the public under the Truth in Securities laws who those brokers are despite the fact that it has records of every naked short sale in the market. “The SEC is covering up what could lead to a total collapse of the banking industry if every investment banker is forced to cover every naked short position in the market”, says one private investigator that dared not call it international conspiracy to defraud.
ABARC has begun its campaign to contact the following companies and their stockholders to join in the suit against the SEC and the other named defendants in the class action as lead plaintiffs:
Advanced Viral Research Corp. (OTCBB: ADVR), AdZone Research, Inc. (OTCBB: ADZR), Amazon Natural Treasures (OTC: ANTD), America's Senior Financial Services (OTCBB: AMSE), American Ammunition, Inc. (OTCBB: AAMI), AngelCiti Entertainment (OTCBB: AGLC), ATSI Communications, Inc. (OTC: ATSC), Federal Agricultural Mortgage / Farmer Mac (NYSE: AGM) Allied Capital (NYSE: ALD), American Motorcycle (OTC: AMCYV), American International Industries (OTCBB: AMIN), Ameri-Dream (OTC: AMDR), Adirondack Pure Springs Mt. Water Co. (OTCBB: APSW), ATSI Communications, Inc. (OTC: ATSC) Bluebook International (OTCBB: BBIC), Blue Industries (OTCBB: BLIIV), Bentley Communications (OTCBB: BTLY), BIFS Technologies Corporation (OTCBB: BIFT), Biocurex (OTCBB: BOCX). Broadleaf Capital Partners, Inc. (OTCBB: BDLF), Chattem, Inc. (NASDAQ:CHTT), Critical Home Care (OTCBB: CCLH), Composite Holdings (OTC: COHIA), CyberDigital, Inc. (OTCBB: CYBD). Diamond International Group (OTCBB: DMND), Dobson Communications Corp. (NASDAQ CEL), Eagle Tech Communications (OTC: EATC), Edgetech Services (OTCBB: EDGH); Endovasc Ltd. (OTCBB: EVSC), Enviro-Energy Corporation (OTCBB: ENGY), Environmental Products & Technologies (OTC: EPTC), Environmental Solutions Worldwide, Inc. (OTCBB: ESWW), EPIXTAR Corp. (OTCBB: EPXR), eResearchTechnologies, Inc. (NASDAQ:ERES), Flight Safety Technologies (OTCBB: FLST), Freddie Mac (NYSE: FRE), FreeStar Technologies (OTCBB: FSRCE), Geotec Thermal Generators, Inc. (OTCBB: GETC), Genesis Intermedia (OTC: GENI), GeneMax Corp. (OTCBB: GMXX), Global Explorations Inc (OTC: GXXL), Global Path (OTCBB: GBPI), GloTech Industries, Inc. (OTCBB: GTHI), Green Dolphin Systems (OTCBB: GLDS), Group Management (OTCBB: GPMT), Hop-On (OTC: HPON), H-Quotient, Inc., (OTCBB: HQNT), Hyperdynamics Corp. (OTCBB: HYPD), International Biochem (OTCBB: IBCL), Intergold Corp. (OTCBB: IGCO), International Broadcasting Corporation (OTCBB: IBCS), InternetStudios, Inc. (OTCBB: ISTO), ITIS Holdings (OTCBB: ITHH), Investco Corp. (OTCBB: IVCO), Lair Holdings (OTC: LAIR), Lifeline BioTechnologies Inc. (OTC: LBTT), Life Energy & Technology (OTCBB: LETH), MBIA (NYSE: MBI); MegaMania Interactive (OTC: MNIA), MetaSource Group, Inc. (OTCBB: MTSR), Midastrade.com (OTC: MIDS), Make Your Move (OTCBB: MKMV), Medinah Minerals (OTC: MDMN), MSM Jewelry Corp. (OTC: MSMC), Nanopierce Technologies, Inc. (OTCBB: NPCT), Nutra Pharmaceutical (OTCBB: NPHC), Nutek (OTCBB: NUTK), Navigator Ventures (OTC: NVGV), Orbit E-Commerce, Inc. (OTCBB: OECI), Pitts & Spitts (OTC: PSPP), Sales OnLine Direct (OTCBB: PAID), Pacel Corp. (OTCBB: PACC), PayStar Corporation (OTC: PYST), Petrogen Corp. (OTCBB: PTGC), Pinnacle Business Management (OTC: PCBM), Premier Development & Investment, Inc. (OTCBB: PDVN), PrimeHoldings.com, Inc. (OTC: PRIM), Phlo Corporation (OTCBB: PHLC), Resourcing Solutions (OTC: RESG), Reed Holdings (OTC: RDHC), Rocky Mountain Energy Corp. (OTCBB: RMECE), RTIN Holdings (OTCBB: RTNHE), Saflink Corp. (NASDAQ:SFLK), Safe Travel Care (OTCBB: SFTVV), Sedona Corp. (OTCBB: SDNA); Sionix Corp. (OTCBB: SINX), Sonoran Energy (OTCBB: SNRN), Starmax Technologies (OTC: SMXIF), Storage Suites America (OTC: SSUA), Suncomm Technologies (OTC: STEH), Sports Resorts International (NASDAQ:SPRI), Technology Logistics (OTC: TLOS), Swiss Medica, Inc. (OTCBB: SWME), Ten Stix, Inc. (OTCBB: TNTI), Tidelands Oil (OTCBB: TIDE), Titan Construction (OTC: TTCS), Trezac Corp. (OTCBB: TRZAV), Universal Express, Inc. (OTCBB: USXP), Valesc Holdings, Inc. (OTCBB: VLSHV), Vega Atlantic (OTCBB: VGAC), Viragen (AMEX: VRA), Viragen International (OTCBB: VGNI), Vista Continental Corporation, (OTCBB: VICC), Viva International (OTCBB: VIVI), Vtex Energy (OTCBB: VXENE) and Wizzard Software (OTCBB: WIZD), WorldTradeShow.com (OTC: WTSW) and Y3K Secure Enterprise Software, Inc. (OTCBB: YTHK). All American Food Group Inc (OTC: AAFGQ), Amanda Co Inc (OTC: AMNA), Antra Holdings (OTC: RECD), Aquis Communications Group Inc (OTCBB: AQUIS), Avanir Pharmaceuticals (AMEX: AVN), Bionutrics Inc (OTC: BNRX), Brilliant Digital Entertainment Inc (AMEX: BDE), Bravo! Foods International Corp. (OTCBB: BRVOE), Butler National Corp (NASDAQ: BUTL), Calypte Biomedical Corp (OTCBB: CYPT), Chemtrak Inc/DE (OTC: CMTR), Clicknsettle Com Inc (OTCBB: CLIK), Corporate Vision Inc (OTC: CVIA), Crown Laboratories Inc/DE (OTC: CLWB), Dental Medical Diagnostic Systems Inc (OTC: DMDS), Detour Media Group Inc (OTC: DTRM), Also, Digital Privacy Inc/DE (OTC: DGPV), Senior Services Inc (OTC: DISS), International Inc (OTC: DYNX), Endovasc Ltd Inc (OTCBB: EVSC), Esynch Corp/CA (OTCBB: ESYN), Focus Enhancements Inc (NASDAQ: FSCE), Frederick Brewing Co (OTC: FRBW), Greystone Digital Technology Inc (OTC: GSTN), Havana Republic Inc/FL (OTCBB: HVNR), Henley Healthcare Inc (OTC: HENL), Hollywood Media Corp (NASDAQ: HOLL), Ibiz Technology Corp (OTCBB: IBZT), Diagnostic Systems Inc/FL (OTCBB: IMDS), Imaging Technologies (OTCBB: IMTO), Integrated Surgical Systems Inc (OTCBB: RDOC), Interferon Sciences Inc (OTC: IFSC), Interiors Inc (OTC: ITRNA), Laminaire Corp (OTC: THMZ), Medisys Technologies Inc (OTC: SCEP), Milestone Scientific Inc/NJ (AMEX: MS), Nevada Manhattan Group Inc (OTC: NVMH), Innovations Inc (OTCBB: NTGE), Systems Group (OTC: OSYM), Pacific Systems Control Technology Inc (OTCBB: PFSY), Professional Transportation Group Ltd Inc (OTC: TRUC), Rnethealth Inc (OTC: RNTT) Sand Technology Inc (NASDAQ: SNDT), Sedona Corp (OTCBB: SDNA), Silverado Foods Inc (OTC: SVFO), Stockgroup Information Systems (OTCBB: SWEB) Surgilight Inc (OTC: SRGL), Tasty Fries Inc (OTCBB: TFRY), Tech Laboratories Inc (OTCBB: TCHL), Teltran International Group Ltd (OTC: TLTG), Titan Motorcycle Co of America Inc (OTC: TMOTQ), Trans Energy Inc (OTCBB: TSRG), Motorcycle Co (OTC: UMCC), Universal Communication Systems Inc (OTCBB: UCSY), Medical Systems Inc (OTC: UMSI), Vianet Technologies Inc (OTC: VNTK),Viragen Inc (AMEX: VRA), Webcatalyst Inc (OTC: WBCL), Worldwide Wireless Networks Inc (OTCBB: WWWNQ), and ZAP (OTCBB: ZAPZ).
Ongoing investigations by IBARC in New York, Liechtenstein, the British Virgin Islands, Grand Cayman Islands, Isle of Man, United Kingdom, Italy, Panama, and Switzerland into such funds as Laurus Master Fund Ltd., The Keshet Fund L.P., Keshet L.P., Nesher Ltd., Talbiya B. Investments Ltd., Esquire Trade & Finance Inc., Amro International and dozens of others are turning up initial evidence related to about two hundred companies in the United States whose stockholders have lost over $100 billion in value over the past decade through toxic financing schemes arranged by various organized crime syndicates managed out of New York City.
The first Bank Activities Reform Commission was started in 1993 in Portland, Oregon by a group of disgruntled homeless people who had lost their economic means due to inflation, abusive banking practices, and corruption in the global financial system.
After ten years of research and development, the group has grown international in scope and has gathered sufficient evidence on many different fronts that it believes will support the radical reform of the entire banking establishment in the United States making it far more transparent than as currently exists.
The long-range goal of the International Bank Activities Reform Commission is to put ethics in on the global financial system. The effects of its work are beginning to be felt around the world as more volunteers blow the whistle on corruption at the highest levels of various governments on the planet.
As you can see BTLY/BLYC is on the list of affected companies that could be Plaintiffs in this huge lawsuit...whatever that is worth if anything...it is ALL helping get the NASD and SEC to act against the perpetrators of Naked Shorting and other Cons... and change or install rules and regs to do so!
Posted by jr on :
all i can say is WOW!!! ...and i cant believe i just read that entire thing lol.
Posted by glassman on :
I see a lot of companies there D&P. Where did you get this sheet?
Again whether it has a chance or not is certainly debatable, but its effect along with that of Investigatethesec.com and other related ones, may have really helped cause the NASD and SEC to make moves to cover the NakedShort loopholes etc etc.. Whether anyone will ever collect or fully prosecute the lawsuits...is another matter!
All I care about is stopping this NS criminal con practice in its tracks...and hopefully fining and incarcerating its perpetrators...and/or bankrupting them especially if its in relation to BLYC!
VICTORY IS THE BEST VENGEANCE...A GREAT OFFENSE IS THE ONLY REAL DEFENSE...
IF THE STOCK RISES CONSISTENTLY OR QUICKLY...THEY WILL HAVE TO COVER SOON NOW, WITH THE NEW RULES... BETWEEN NOW AND FEB 20TH...AND FOREVERMORE! THe recent Name and Cusip change reinforces that need even more as well...but as long as they can Short with IOU's and not actually borrow the shares...the race is fixed...to win on the fraud side!
As the previous article i posted (on new NASD/SEC rule change) states, the loopholes allowed the Canadian brokers and other "Foreign" entites (Offshore) to Short without actually borrowing the shares!
That is ludicrous and LARCENOUS...and whoever designed or allowed that loophole should be sued and prosecuted too!
THANK GOD IT (THE NASD/SEC CHANGE)FINALLY HAPPENED NOW...TIMING IS EVERYTHING! GO BLYC!
d-n-p-s
quote:Originally posted by glassman: I see a lot of companies there D&P. Where did you get this sheet?
Posted by glassman on :
thanx--you know if those co's have been naked shorted they are all due for some action--LOL I wonder how to approach the problem systematically
Posted by Welly on :
Is it worth buying a subscription to a penny stock site that recommended stocks such as “Barron's and by Forbes” http://www.pennystock.com/ Posted by dog-n-pony-show on :
The following is a list of public information articles and reports detailing the brokerage houses, marketmakers and the conduct of the main "street" characters engaged in the illegal practice of "naked" short selling, "death-spiral financing" and/or stock fraud. This page is a resource for anyone wishing to educate themselves regarding the depth and breath of these illegal activities. Please note that some of the articles may have been added out of time sequence because they were discovered weeks or months after publication. All the dates are, to the best of our knowledge, when they came into the public domain. If you find additional public information elsewhere on this subject, please forward the published information or hyperlink to rgodwin@rgm.com for review and posting. Thank you.
Notice to all Shareholders and Companies affected by Naked Short Selling.
Add your voice and be part of the solution. Please sign the on-line Petition at http://www.investigatethesec.com and help to institute an independent investigation into the misconduct of the Securities and Exchange Commission (SEC).
In signing this petition, you are requesting that there be an independent investigation by the United States Congress or Senate in to the conduct of the SEC regarding the manipulative, abusive and illegal trading practice known as "naked" short selling. This petition also requests that they also investigate why this illegal trading practice has been allowed to exist by the SEC for over a decade without any significant enforcement.
Since the mid 1990’s, the SEC has been aware of naked short selling and has failed to adequately respond to investor and Company complaints alike. In recent years the Federal Bureau of Investigation, SEC and the Royal Canadian Mounted Police have conducted numerous investigations into naked short selling and have followed these sales through to money laundering and other illegal schemes. In addition, the lack of diligent enforcement by the SEC of their own trading rules jeopardizes the financial integrity of every private investor. Whether its private ownership of common shares, ownership of a mutual fund or participation in a company pension plan, every investor is having money stolen from their pocket by these criminals and their schemes.
By their lack of enforcement and passive neglect, the SEC is guilty of aiding and abetting criminal activities.
Since the SEC has failed to take adequate counter measures to stop illegal short trading by members of the financial investment industry, we are demanding an independent accounting as to the reasons for their inaction.
Dow Jones Newswires NASD Tightens Short Selling/Delivery Rule Carol S. Remond January 23, 2004
MoneySense.ca One way to clean up Canadian stock markets by Larry MacDonald January 8, 2004
Canada StockWatch SEC bans WAMEX, Absolutefuture promoter DeTrano forever by Brent Mudry December 30, 2003
Canada StockWatch SEC short target, brother face criminal charges in Sedona case by Brent Mudry December 29, 2003
The Financial Times LSE acts to solve Room Service short-selling scandal By David Blackwell December 20, 2003
Dow Jones Newswires Criminal Charges Brought In Sedona Short-Sale Case By Judith Burns December 10, 2003
Business Week Don't Force The Shorts To Get Dressed by Gary Weiss December 8, 2003
The Financial Times FSA probes Room Service short-selling By Elizabeth Rigby December 6, 2003 http://www.freeandclearfoundations.org Acs barks with BARC Free and Clear Press Corps December 3, 2003
The Financial Times Shares in scandal-hit Room Service to resume trading By Elizabeth Rigby December 3, 2003
The Globe and Mail Tougher stance urged on Securities Fraud By Patrick Brethour December 2, 2003
The Financial Times Hedge funds fight back against accusations of stock short-selling By Elizabeth Rigby November 29, 2003
The New York Post Hedge Fund Field Day By Christopher Byron November 10, 2003
San Francisco Chronicle Double whammy in stock fraud case: Short sellers trash, then sue, Santa Clara tech firm By Reynolds Holding, Chronicle Staff Writer November 9, 2003
The Financial Post SEC targets ex-CIBC Mellon staffer in Bogus Shares fraud By Sean Silcoff October 25, 2003
Dow Jones Newswires New SEC Rule Could Curtail OTCBB Shortselling By Carol S. Remond October 23, 2003
Canada StockWatch SEC known Kelly fraud trial results in hung jury by Mort Lucoff in Miami and Lee M. Webb October 16, 2003
Canada StockWatch SEC target Lancer featured in Kelly Bermuda Short trial By Erik Schelzig in Miami September 25, 2003
Dow Jones Newswires SEC Looking To Overhaul Short-Selling Rules By Judith Burns September 24, 2003
Canada StockWatch SEC target Lancer receiver files initial report By Lee M. Webb September 11, 2003
The Street.Com Figure in GenesisIntermedia Scheme Pleads Guilty By Matthew Goldstein September 11, 2003
Canada StockWatch Zi a personal favourite of SEC target Lancer leader By Lee M. Webb September 8, 2003
Canada StockWatch Zi short sellers zapped with forced buy-ins By Lee M. Webb September 5, 2003
Canada StockWatch Zi booster cops a plea in Operation Bermuda Short case by Lee M. Webb August 22, 2003
The PIPEs Report - Painting The Tape by Brett Goetschius Part #1 PIPE Players Accused of Global Stock Scheme July 1, 2003 Part #2 Anatomy of a Naked Short Scheme July 15, 2003 Part #3 Draining the Naked Shorting Swamp August 1, 2003
Dow Jones/Associated Press Defendant pleads guilty in FBI insider trading case July 16, 2003
New York Post The Lancer Papers By Christopher Byron July 14, 2003
Canada StockWatch SEC targets Lauer's Lancer in first big hedge fund case By Brent Mudry July 11, 2003
Dow Jones Newswires Elgindy & 4 others charged again with Insider Trading and Extortion By Carol S. Remond June 30, 2003
Canada StockWatch SEC files first suit in GenesisIntermedia debacle by Brent Mudry June 4, 2003
Investment Management Developments SEC Brings Enforcement Action for Manipulating Stock Prices Through Short Sales and Deceptive Covering Practices By Harry S. Davis Winter 2003 Edition
New York Post Hedge Fund Hijinks By Christopher Byron April 14, 2003
Canada StockWatch SEC targets Chicago tout Frank Custable by Brent Mudry April 3, 2003
Canada StockWatch TSX member Global's client Elgindy noted in new charge by Brent Mudry March 25, 2003
Dow Jones Newswires Elgindy Case Broadened With New Arraignment By Carol S. Remond March 24, 2003
Business Wire Fresh Del Monte Files Suit Charging Conspiracy to Extort Money March 19, 2003
The Financial Times SEC widens probe into "death spiral" schemes By John Labate in New York March 9 2003
Canada StockWatch SEC fines Rhino $1-million (U.S.) in Amro death spiral by Brent Mudry February 28, 2003
Headline feature from this weeks(todays) "Tuesday Report" from BarterNews.com (sign up free there for online newsletter/updates and alerts...on barter Industry)
Bruce Kamm Named CEO Of Bentley Commerce Corporation
A veteran of two decades in the barter business has been named CEO of Bentley Communications (OTCBB:BLYC), an e-commerce company that seeks to establish a new marketplace and distribution channel for global barter and trade.
Kamm is the developer of VirtualBarter software which enables exchanges and their members to manage, merchandise, and market their products and services in an online barter marketplace.
He previously established and managed the ITEX New York City office. It was ITEX's largest and most successful brokerage in the U.S. for many years, including 1999 when it did an annual trade volume of over $16 million.
Bentley's executive management team includes Gordon Lee, Chairman of the Board and CFO; Bruce Kamm, CEO; Robert Schumacher, President and COO; and Joe Crump, President of the Bentley Crump Barter Network.
Hi guys, just received a yellow post card on behalf of Bentley saying that there would be important news. Does anybody else received it too? Does anybody know what are the news? Trying to find out what it is cause I am always put on hold.
Posted by dawn0304 on :
I have not received anything. Just curious, does the postcard say anything else? That's odd that a postcard would be sent out telling you that important news was coming and nothing else. It's like the birthday gift you receive, but can't open for a year!!! Anyone want to comment?
quote:Originally posted by speed: Hi guys, just received a yellow post card on behalf of Bentley saying that there would be important news. Does anybody else received it too? Does anybody know what are the news? Trying to find out what it is cause I am always put on hold.
Posted by microdaytrader on :
yes its about buying 1 year warrants at a discount
Posted by dog-n-pony-show on :
NOT A CLUE...CANT IMAGINE THE COMPANY WOULD DO ANYTHING LIKE THAT...AS THEY NEVER HAVE...AND IT DOESNT SOUND KOSHER!?!
WHAT WAS THE EXACT SOURCE? A PHYSICAL POST CARD OR VIRTUAL ONE?
CAN ONLY GUESS ITS AN INDEPENDENT PROMO GROUP...EXCITED STOCK-HOLDER...OR A HOAX!?
SUPPOSED GREST NEWS IS COMIN REAL SOON...ASK MACH (HIS E-MAIL)...IF YOU CAN FIND HIM...
quote:Originally posted by dawn0304: I have not received anything. Just curious, does the postcard say anything else? That's odd that a postcard would be sent out telling you that important news was coming and nothing else. It's like the birthday gift you receive, but can't open for a year!!! Anyone want to comment?
Posted by dog-n-pony-show on :
ok...guess my mail hasnt been forwarded fast enough....i am jealous!
quote:Originally posted by microdaytrader: yes its about buying 1 year warrants at a discount
Posted by mizzou7 on :
Hi everyone, I'm new to posting here but not new to this board or BLYC. I also received a post card at my address. The post card will have a number to call which will connect you to a broker. They will let you know all about the good things Bentley has been doing of late and plans for the future. They will also offer current shareholders an opportunity to purchase (in blocks) restricted shares at a discounted price. If interested they will email you all the information you will need... Hope this helps and thanks for having me!
quote:Originally posted by speed: Hi guys, just received a yellow post card on behalf of Bentley saying that there would be important news. Does anybody else received it too? Does anybody know what are the news? Trying to find out what it is cause I am always put on hold.
Posted by lilpennypincher on :
Moved over from sully's thread.
LOS ANGELES--(BUSINESS WIRE)--01/28/2004--Since Bentley Commerce Corporation (OTCBB:BLYC) introduced VirtualBarter 3.0, the software that enables trade and barter transactions to be conducted over the Internet, about a month ago, it has brought 19 trade exchanges online, with 15 more preparing to go online by mid-February. These exchanges handle barter transactions for approximately 5,000 companies. The exchanges, located from Winnipeg, Canada to San Diego, California, are part of the Bentley Crump Barter Network of 180 local barter exchanges and approximately 50,000 merchant members that trade through them. This represents about 30 percent of the barter exchanges in the US and about 50 percent of those in Canada. The Network provides 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. VirtualBarter 3.0 makes it possible for companies who are members of the independent exchanges to trade over the Internet.
Virtual Barter 3.0, Internet based 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. Among its many special features, VirtualBarter 3.0 allows each independent exchange to have their own distinct brand and content, with their own name and logo on all computer screen views. Members who trade through a participating exchange can 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, while another click will enable them to purchase it in an eCommerce enabled shopping cart
For exchanges that are already using barter software, and want to convert to VirtualBarter 3.0, Bentley has created mapping and scripts to easily migrate their data so they can quickly join its online worldwide network. As an incentive to get exchanges online as quickly as possible, so that their members can trade over the Internet, Bentley is waving the $2,500 exchange setup fee though March 31, 2004.
------------------ Sully
Posted by JoeMillion on :
Wow, thats great bews! Looks like BLYC could become the next ebay for small businesses. imo
Go BLYC!
- Joe -
Posted by dog-n-pony-show on :
JM...and Friends= todays PR was GREAT NEWS and Progress toward profits, but STILL not the BIG News...yet.
Suppose there are REAL and SUBSTANTIAL REVENUES...already...based on past PR's announced Alliance and Acquisition "Means" = the "END"s are a comin...SOON= REAl SOON!
February should be a REAL big Month for BLYC...at least all the way up to Feb 20th...and this WHOLE YEAR will be HUGE too! Yahooo
Posted by sully on :
TEST
Posted by clay1999 on :
What ya think.... ????????
Posted by clay1999 on :
whats up no trades yet?
Posted by stockguyDD on :
looks like a good accumulation time.... in the right industry especially with the strong recovery of small business enterprises and the conversion of HBBs (home based business) into larger fields.. every1 needs bartering especially companies with limited liquid assets
Posted by mizzou7 on :
Is anyone following the list a active market makers? Did we lose some today? The list appears to have gotten shorter...
Posted by dog-n-pony-show on :
They were the NakedShort partners in crime. New Month New rules....new news...the shorts are doomed!
Its time M-7, way overdue for guys like me and you...Long-Strong-Strong on BTLY/BLYC for quite awhile thru it all...and now its gonna pay big again!
Nark my words...it will start and continue with a BANG!
Posted by mizzou7 on :
HAS EVERYONE LOST INTEREST IN BLYC? Not much talk of late... Anyone with any new thoughts on what we might expect in ways of news?
Posted by clay1999 on :
it's on the back burner waiting to boil.. I think... I been wondering too
Posted by trikicorners on :
The charts look really good on this (imo), might be time to get back into it.
Posted by mizzou7 on :
GREAT NEWS FOR BENTLEY SHAREHOLDERS...
i.e. BUSINESS WIRE: February 2, 2004
Bentley Commerce Corp. Processed $2 Million in Trade Volume, Earns $80,000 in Trade Fees in Its First Month as an Operating Company
Posted by nitroburn on :
Bentley Commerce Corp. Processed $2 Million in Trade Volume, Earns $80,000 in Trade Fees in Its First Month as an Operating Company Business Wire - February 02, 2004 06:00 Bentley Launches New Trade Venue for Trade Exchanges featuring Cash and Trade "Blends"
LOS ANGELES, Feb 2, 2004 (BUSINESS WIRE) -- Bentley Commerce Corp. (OTCBB:BLYC) processed close to $2 million in total trade volume and booked more than $80,000 in trade fees in January 2004, its first month going from a concept company to an operating business. Moreover, 19 independent trade exchanges went online with Bentley's new Virtual Barter 3.0 Software and 15 other exchanges are anticipated to be online by mid-February. These independent exchanges manage barter and trade transactions for more than 5,000 small to midsize companies.
"These 34 exchanges are the first of the 180 exchanges that comprise the Bentley Crump Barter Network, to go online with the just introduced VirtualBarter 3.0 software, and join our online global ***********work," said Joe Crump, president of the Bentley subsidiary. "Trade volume started up very strong and trade offers are being posted to our 'powered by Bentley VirtualBarter' websites daily. We're getting incredible positive feedback from exchange owners about the new Bentley VirtualBarter 3.0 software launch. We expect that many other trade exchange owners will soon join those that are moving their membership bases to our online global ***********work."
"We believe that this first month is merely an indication of great things to come," said Bruce Kamm, Bentley's new CEO. "Activity should grow exponentially as more and more trade organizations continue to join our collaborative online trade network, and the array and scope of the products and services they offer for barter increases. The trade economy we are creating through Bentley's relational online trading services has many similarities to traditional economies. As confidence levels rise in the future of the economy, so too will participant's comfort and spending habits."
In Other News:
Bentley today launched another trade venue developed specifically for trade exchanges and their members that market products and services for payment in a combination of cash and barter, typically called "blends." Historically, the majority of trade exchange members in North America barter products and services using trade dollars, usually buying and selling at 100% trade.
"There are many exchanges that feel that larger trading volumes and sales of higher priced products can be achieved by promoting payment terms in a combination of cash and trade," said Mr. Kamm. "Rather than have these independent exchanges alter the way they do business to conform to our trading platform and trade exchange network, or be excluded from participating in the network, we instead enhanced our software to include and integrate these blended exchanges, to enable Bentley to capitalize on this excellent opportunity."
About Bentley Commerce Corporation:
Bentley Commerce 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. 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.
SOURCE: Bentley Commerce Corporation
Bentley Commerce Corporation Bob Schumacher, 310-201-0800 rschumacher@bentleycommerce.com www.bentleycommerce.com
Customize your Business Wire news & multimedia to match your needs. Get breaking news from companies and organizations worldwide. Logon for FREE today at www.BusinessWire.com.
Copyright (C) 2004 Business Wire. All rights reserved.
Posted by Bam Bam 17 on :
Moving on up.
May God Bless All.
Posted by dog-n-pony-show on :
LIKE I SAID, MARK MY WORDS= BIG AND BOLD REVENUES EARLY ....AND ONGOING AND GROWING FROM HERE= ITS HUGE!
AND I BELIEVE, AS MACH HAD SENT AND SAID, MORE HUGE NEWS IS A COMIN TOO= REAL SOON! IN OTHER WORDS= "THATS (NOT) ALL FOLKS"!
YA GOTTA BE ON IT AND IN IT TO WIN IT!
WHO HAS THE CHARTS AND TECH ANALYSIS? HOW ABOUT RUNNING ,REVIEWING AND OPOSTING IT?! TODAY...WEDNESDAY...AND FRIDAY THIS WEEK....AND OR WED AND FRIDIAY NEXT WEEK TOO= CROSS-OVERS AND MOVIN UP= ITS GOTTA BE HUGE!
BET YA ITS GONNA LOOK REAL REAL AND INCREASINGLY GREAT!
Posted by dog-n-pony-show on :
can you and other CHART sourcing and reading /interpreting MASTERS= start posting and reviewing again...PLEASE?! I got a feeling they will just get better later this week and forward too...along with the news!!
PLUS REMEMBER THE NASD NAKED SHORT RULE CHANGE EFFECTIVE FEB 20TH...AND MORE SIMILAR COMIN FROM THE SEC= THE CRIMINAL CONS WILL BE DONE!
WITH THE PPPS RISES TOO...THEY GOTTA START COVERING....AND DUCKING!
quote:Originally posted by trikicorners: The charts look really good on this (imo), might be time to get back into it.
Posted by JoeMillion on :
Great news! Looking for a great Finish today. Go blyc! Make us rich! - Joe -
Posted by VNGNTN1 on :
JUST SITTIN' DREAMIN' Maybe BLYC will barter some of my CMKM shares for IBZT or CTKH ?? VAN
Posted by lilpennypincher on :
quote:Originally posted by VNGNTN1: JUST SITTIN' DREAMIN' Maybe BLYC will barter some of my CMKM shares for IBZT or CTKH ?? VAN
Yea really.
LOL
Posted by dog-n-pony-show on :
February 3, 2004 Written by Bob Meyer, Editor of BarterNews
We Want You To Know...When you sign up to receive the FREE weekly Tuesday Report announcement your e-mail address will never be sold, traded, or given to another party.
Bentley's First Month As Operating Company Impressive
In January, its first month as an operating business, Bentley Commerce Corp. (OTCBB:BLYC) reported booking more than $80,000 in trade fees and processing nearly $2 million in trade volume, as 19 independent trade exchanges went online with the new Virtual Barter 3.0 software. Another 15 exchanges are expected to be online by mid-February.
"These 34 exchanges are the first of the 180 independents that comprise our network," Joe Crump, president of the Crump Barter Network subsidiary, disclosed. He said the feedback from exchange owners about the new Bentley Virtual Barter software has been "incredible."
Bentley's new CEO Bruce Kamm added, "Activity should grow exponentially as more and more trade organizations continue to join our collaborative online trade network."
dog n pony .. you are like the tommy for pghi.. and look how good he came out.. good luck.. i tried to buy at .028... ameritrade (who i hate) didnt fill.. what are your expectations by friday?
Posted by JoeMillion on :
Let's do the math:
19 independent trade exchanges = $2 million in total trade volume and booked more than $80,000 in trade fees in January 2004.
15 more in mid-February.
180 exchanges = 9(2) = $18 million per month. 720,000 trade fees per month.
12($18 million) = $216 million in total trade volume. $8.64 million trade fees per year.
Please correct me if I am wrong. It looks like we have a winner. - Joe -
Posted by JoeMillion on :
Looks like we are gapping today.
.034 x .035
Good Luck all. - Joe -
Posted by emunahstock on :
the trade volume on this one scares me otherwise I like it. Any thoughts on THIS?
Posted by penny_boy on :
theyre stepping off the ask too--down to 3 @ .035 on my delayed level II
.035 seems like resistance as of late--would love to see us break through that
Posted by JoeMillion on :
I believe the trading volume should increase once more and more people find this stock.
Go Blyc!
- Joe -
Posted by JoeMillion on :
Nice buys coming in...
- Joe -
Posted by dog-n-pony-show on :
I DONT KNOW TOMMY OR PGHI OR THE HISTORY OR DESTINY OF EITHER OF THOSE...SO I DONT KNOW IF THAT IS= GOOD OR BAD?! You tell me which/what!?
I, as you or anyone, can only do the proper and thorough Due Diligence and add intelligence and vision= and then make an educated guess from there.
"You/we bets yer/our monies and takes yer/our chances"....whether its Vegas/Atl City or any gambling venue on or offline...or the stock market. You find a system or pick a game-number-machine-method and think/decide= you bet or not!?!
I always preferred to gamble on the Horse races. I studied all aspects, placed my bets, and watched and cheered and prayed the horse and jockey on. I often bet on so-called= "long-shots"... that were at GREAT big odds...if I saw the reasons and/or the horse itself and had intuition on top of that. I didnt win as often...and didnt win many small pay-offs...but when I won I won BIG!
The facts on BLYC/BTLY have always been a "long-shot" in most estimations since I came in about 2 years ago...until NOW!
But since I combined intel and intuition...and have millions of shares and am still accumulating...I believe I am finally set to win big in/on BLYC this year.
Look at "JoeMillions" assessment numbers (RECENT POST), which are strikingly similar to some of my own assesments,and combine it with the other DD facts and figures.
Then hopefully some of the Tech Chart-Masters (TCM's)will start chiming in again soon with the way tech analysis looks on this...I consult other associates on that= not my forte! But I believe it all looks real good again and getting GREAT!
I only suggested that CM's do the charts on this Wed and Friday and same next week...all the way up till the 20th of Feb (NASD deadline on Naked Short stoppage...with more comin later from the SEC SHO rules) and ongoing.
I expect more great news including more REVENUES news by or before then...including what "Mach" had referred to (its not ALL out yet)in his e-mail.
To bet ONLY based on any info/message Board's info from any source, is not good Money-Management science...similar to taking a "Tip" on a horse...check the source (history)and validate the associated DD if any they used to conclude it. Then PLACE YOUR BETS"...before...ALL BETS ARE OFF...when the Race or game TAKES OFF...AND THE WINNERS ARE ALREADY IN THE GAME AND ON THE MARK!!
Plus if youre a "day-trader" looking for a quick and huge hit...you gotta look to the "tipsters" with the inside track...or a claim to same...not I ! I am Long-Strong-Strong...buy and hold until oozing with profit to be sold kinda guy= I stay in till the Finish Line for the Winners Circle and BIG PRIZES! And if big enough...I buy a real piece-of-the-horse...for all its future wins!!
GOOD LUCK...GOD BLESS ALL...GO BLYC...er COME -ON BENTLEY COM-HORSE...BARTER-BUCK BEAUTY! WIN-PLACE-SHOW...WE'RE OFF....
quote:Originally posted by stockguyDD: dog n pony .. you are like the tommy for pghi.. and look how good he came out.. good luck.. i tried to buy at .028... ameritrade (who i hate) didnt fill.. what are your expectations by friday?
Posted by dog-n-pony-show on :
JM, GREAT LOGICAL #'S ASSESSMENTS= RIGHT ON!
I SEE SIMILAR NUMBERS/REVENUES...AND THEN MUCHO MAS , AS THE PR SAID EXPECT "EXPONENTIAL GROWTH"...SO YOUR NUMBERS AND MINE ARE LIKELY CONSERVATIVE !
AND THEN THERE ARE THE "OTHER" REVENUE SOURCES FOR BLYC...AS DELINIATED IN PAST PR'S ETC...LIKE CORPORATE AND COUNTER-TRADE DEAL REVENUES...SOME OF WHICH WE SHOULD START TO SEE REAL SOON (Mach's e-mail and other DD details)...then "TO DA MOON" AND BEYOND...PPS PROFIT PARADISE!
AS THEY SAY "LIARS FIGURE, BUT FIGURES DONT LIE"...WE ARE OFF TO WIN THE RACES....AND WIN BIG..."COME ON BENTLEY...GO BARTER-BUCKS...YOU CAN DO IT"...WHAT A "HORSE"..THE "SEABISCUIT" OF THE OTC CIRCUIT!!!
quote:Originally posted by JoeMillion: Let's do the math:
19 independent trade exchanges = $2 million in total trade volume and booked more than $80,000 in trade fees in January 2004.
15 more in mid-February.
180 exchanges = 9(2) = $18 million per month. 720,000 trade fees per month.
12($18 million) = $216 million in total trade volume. $8.64 million trade fees per year.
Please correct me if I am wrong. It looks like we have a winner. - Joe -
Posted by gmoney on :
JM and Dog-n-Pony ..... your analysis is right in check with mine. This is an unknown gem due to a plain lack of information. People are not informed of Bentley, but once revenue's are declared and everyone sees the influx of financial success, there will be no choice but to sit and watch this baby rise! Go BLYC!! P.S. -- what are your guys positions .... I'm in 40,000 @ .029 and .031 (20,000 shares each respectively)
Posted by VNGNTN1 on :
30k@.031
Posted by dog-n-pony-show on :
IS IT TOO MUCH VOLUME FOR YOU...OR TOO LITTLE?
IT IS ASSUREDLY MUCH MORE DOLLAR VOLUME THAN MOST OTC:BB STOCKS ON A DAILY AVERAGE AND ALL-TIME HIGHS BASIS...COMPARED TO ALL OTC:BB STOCKS ITS PROBABLY IN THE UPPER 90%-ILES.
SO YOU EITHER HAVE OTHER VIEWS/OPINIONS/#'S ON THAT FACTOR...OR WHY WOULD TOO MUCH VOLUME SCARE YOU?!
TO ME ITS A GOOD OR GREAT THING...AND I AM EXPECTING MORE INCREASE IN SAME.
MORE BUYERS THAN SELLLERS WILL START CAUSING THE INCREASES IN PPS ALONG WITH THE GOOD/GREAT NEWS AND DD FACTS.
ITS SUPPLY AND DEMAND...AND DESIRE/KNOWLEDGE AND FACTS TO IGNITE OR EXTINGUISH SAME...WE ARE ON FIRE NOW....SOON RAGING BLAZES INSTEAD OF RAGING BULLS!
quote:Originally posted by emunahstock: the trade volume on this one scares me otherwise I like it. Any thoughts on THIS?
Posted by dog-n-pony-show on :
I THINK IT NOT WISE TO SHARE PRIVATE FINANCIAL INFO IN GENERAL, BUT SINCE WE ARE FAIRLY ANONYMOUS HERE...AND NOBODY HERE OR ON ANY BOARD KNOWS ME PERSONALLY OR MY TRUE IDENTITY, REGARDLESS OF WHAT THEY MAY CLAIM OR PROCLAIM, I MAY MAKE AN EXCEPTION HERE.
I HAVE BEEN IN FOR OVER TWO YEARS NOW, LIGHT WHEN BTLY WAS IN GAMBLING ARENA...SOME MORE WHEN THEY MOVED TO UNIQUE/INNOVATIVE INTERNET TRANSACTIONS FOR GAMBLING....MORE WHEN THEY MOVED TO UNIQUE/INNOVATIVE INTERNET TRANSACTIONS...AND MOST, MUCHO MAS, WHEN THEY MOVED ON TO FINAL BIZ-PLAN OF ONLINE AND OFFLINE BARTER/CASH TRANSACTIONS SOLUTIONS. ESPECIALLY WITH THE FINAL EXEC TEAM AND ASSETS THEY HAVE NOW...THIS IS THE WINNER MODE...AND MODEL FOR MY ESTIMATION...AND WILL JUST GET BETTER WITH AGE!
I HAVE ACQUIRED AS LOW AS .OO4 AND AS HIGH AS .04...WITH A DCA (DOLLAR-COST-AVERAGE) PRICE AROUND .02 AND MOVING UP...
I HAVE SOLD SOME ALONG THE WAY,AS HIGH AS .17 PLUS, TO WORK MOSTLY FROM PROFITS PLAY...(WE ARE MUCH STRONGER IN STORY AND SUBSTANCE THAN WHEN WE HIT 17.8 CENTS =NOW! SO I EXPECT THAT AND MORE= SOON!)...
I NOW HOLD ABOUT 4 MIL SHARES...AND WILL GO UP TO 5 MIL CAP= ASAP...FORTUNALTEY I HAVE OTHER PROFITABLE BIZ AND INVESTMENTS THAT ALLOW ME TO DO SO...
SO I AM FULLY COMMITTED TO SEEING IT ALL ZOOM....BELIEVING IT WILL....AND IT IS ALL NOW BECOMING VERY CLEAR AND PRESENT DYNAMICS AND DESTINY...DREAM TEAM/DEAL COME TRUE...AND DOLLARS REALIZED!
WHEN YOUR HORSE WINS THE DERBY AGAINST ALL ODDS, YOU NEVER HAD A SINGLE DOUBT THAT IT WOULD...RIGHT?!
I GAMBLE ON STOCKS AND IN LIFE...NO RISK= NO RETURN....BUT WITH SENSE AND SYSTEM...I DO MY HOMEWORK AND TRUST MY INTEL AND INTUITION= MAKE DECISIONS AND STICK TO EM!
I BETS MY MONEY ,AND MY LIFE SOMETIMES, AND GO FOR THE GUSTO AND GREATNESS!
AND I ALWAYS, "SAY WHAT I MEAN AND MEAN WHAT I SAY" AND "I EATS MY SPINACH" TOO= BOTH JUST LIKE "POPEYE" SAID AND DID! "TOOT TOOT"..." I'M DOGGIE-THE-PONY-MAN" "TOOT-TOOT"...(SORRY IF YA NEVER WATCHED POPEYE CARTOONS..YA WONT GET IT...BUT YA GOTTA BE A LITTLE CRAZY IN THIS WORLD OR IT/THEY WILL DRIVE YA THERE!)
NOW I GOTTA GO...BREAK-TIME...TIME TO BARTER SOME PUTANG...WITH WANG C-HUNG/TUNG CURRENCY!
GO BLYC..."GO BARTER"= "THE FIRST AND FUTURE GLOBAL CURRENCY OF CHOICE AND NECESSITY/PRACTICALITY"!!!!
quote:Originally posted by gmoney: JM and Dog-n-Pony ..... your analysis is right in check with mine. This is an unknown gem due to a plain lack of information. People are not informed of Bentley, but once revenue's are declared and everyone sees the influx of financial success, there will be no choice but to sit and watch this baby rise! Go BLYC!! P.S. -- what are your guys positions .... I'm in 40,000 @ .029 and .031 (20,000 shares each respectively)
Posted by dog-n-pony-show on :
HEY, ALL YOUSE TECH CHARTS RUNNING/RITING-READING-RITHMETIC AND ANALYSIS MASTERS ( TCM'S)...WHERE ARE THE CHARTS BOYS?
DONT THEY LOOK GOOD ENOUGH...OR TOO GOOD SO THEYRE SCARY GOOD...LIKE THE DAILY TRADE VOLUMES/DOLLAR VOLUMES...ALL GETTING BETTER AGAIN...SCARY BETTER...OR NOT OR WHAT?! OR ARE ALL THE TECHIES DAY-TRADERS AND OFF TO OTHER HOT PICKS NOW?! HMMMM? HELP OUT...IF YOURE STILL IN OR GETTIN BACK IN PLEAS...OR HELP/SAHRE ANYWAY...BUT KEEP IT REAL AND EXACT PLEASE LIKE BEFORE...OK?! PLEASE...THANKS!
I HAVE SOME POSITIVE FEED-BACK ON SOME...BUT SHARE YOUR WEALTH OF WISDOM TOO...PLEASE!?!
quote:Originally posted by trikicorners: The charts look really good on this (imo), might be time to get back into it.
Posted by newstockpicker on :
The charts show what appears to be another cup forming. Could be getting ready for a good run up.
Walt
Posted by salvia123 on :
like BLYC for tomorrow and rest of the week
Posted by gmoney on :
I'm in this one for a nice chunk of change ... but you can't go wrong with a company with good fundamentals ... and strong profit intake. GO BLYC!!!
Posted by dog-n-pony-show on :
Thanks...can you or someone post a chart or link..especially with interpretation guides...like before...PLEASE?!
Helps mucho with the "seeing is believing" scenario and to edumacate the laymen/novices among us on tech charts!
Thanks again for sharing/participating...
Go BLYC...a "cup is forming" what about a home-"plate" or dinner plate...is that a protective/defensive device or drinking device metaphor...or like a "pocket" ...hmmm?! Whats it...?!
Sincere questions and thanks...with a "cup" of levity thrown in!
quote:Originally posted by newstockpicker: The charts show what appears to be another cup forming. Could be getting ready for a good run up.
Walt
Posted by speed on :
56400 shares @ .009 each so I guess I'm not doing so bad, and keeping them for the long run. speed
quote:Originally posted by gmoney: JM and Dog-n-Pony ..... your analysis is right in check with mine. This is an unknown gem due to a plain lack of information. People are not informed of Bentley, but once revenue's are declared and everyone sees the influx of financial success, there will be no choice but to sit and watch this baby rise! Go BLYC!! P.S. -- what are your guys positions .... I'm in 40,000 @ .029 and .031 (20,000 shares each respectively)
Some present and past Mm's will be out of the BLYC and other OTC:BB stock games somewhat or allthgether, with the end of the Naked Shorting loopholes...especailly those working with the Cananda/Offshore faction that were Naked Shorting without even borrowing the shares.
Other new Legit MM's will liklely come in instead. So the Daily Volumes may be lighter for awhile...and/or there may be some mad rushes trading days between now and Feb 20th!?
Naked Shorters Blues and BLYC Barter Trades great news = ?
What ya think...anyone?!
Posted by dog-n-pony-show on :
OTCBB.com BLYC Market Maker List BLYC BENTLEY COMMERCE CP Download All Page of 1
February 4, 2004
MPID Market Maker Name MP Quote Status Trade Halt
-------------------------------------------------------------------------------- Total MPID Count: 22 --------------------------------------------------------------------------------
ALEX J. ALEXANDER SECURITIES, INC. Active BAMM BROKERAGEAMERICA, LLC Active BGTN B******GTON SECURITIES, INC. Active BPAT BAIRD, PATRICK & CO., INC. Active CRWN CROWN FINANCIAL GROUP, INC. Active DOMS DOMESTIC SECURITIES, INC. Active FRAN WM. V. FRANKEL & CO., INCORPORATED Active GNET ARCHIPELAGO TRADING SERVICES, INC. Excused GVRC GVR COMPANY LLC Active HILL HILL THOMPSON MAGID & CO., INC. Active JEFF JEFFERIES & COMPANY, INC. Active LGTD LEGACY TRADING CO., LLC Active MAYF MAY FINANCIAL CORPORATION/SPECIAL ACCOUNT Active NATL NATIONAL SECURITIES CORPORATION Active NITE KNIGHT EQUITY MARKETS, L.P. Active SACM STERNE AGEE CAPITAL MARKETS, INC. Active SCHB SCHWAB CAPITAL MARKETS L.P. Active SEAB SEABOARD SECURITIES, INC. Active TDCM TD WATERHOUSE CAPITAL MARKETS, INC. Active VFIN VFINANCE INVESTMENTS, INC Active VIEW VIEWTRADE SECURITIES, INC. Active WIEN WIEN SECURITIES CORP. Active
nice list of MM's you have here.... I must ask you to put it in newbie language....what ya trying to say? ---------------------------------------------
quote:Originally posted by dog-n-pony-show: OTC::.com Market Maker activities= BLYC - BENTLEY COMMERCE CP Page of 1
January 2004 December 2003 Year-to-Date Volume Rank % Volume Rank % Volume Rank %
Posted by JoeMillion on :
Looks like mm are shaking off the weak hands. Amazing People can't wait more than one day. I believe this is a 10 - 20 bagger. imo
- Joe -
Posted by VNGNTN1 on :
JM Didn't I see a report last week or two that stated a 1% Instutional investor? What happened to this??. VAN
Posted by emunahstock on :
bought at .028 last week and sold for profit. Back in at .031. I don't know if there will be another chance in.
Posted by dog-n-pony-show on :
WHAT REPORT DID YOU SEE/RECEIVE? I WOULD LIKE TO SEE IT TOO ...THEN RESEARCH FURTHER...SHARE IT PLEASE (POST IT)!
quote:Originally posted by VNGNTN1: JM Didn't I see a report last week or two that stated a 1% Instutional investor? What happened to this??. VAN
Posted by dog-n-pony-show on :
ANYONE IS WELCOME TO COMMENT...but I think that our Number of MM's is above average for the OTC:BB stocks....and our Volumes too= especially when transalated into daily dollar activity?! Anyone got stats and source for same on this...these factors?
Also, once the Naked Shorts shimmy out, by Feb 20th most all...ALL when the SEC steps up the fines and jail time aspects and adds more regs!
Some Naked Short partner/participant MM's may drop out cause they cant NS "no mas" without NASD violations and that will/might diminish daily volumes until (short-time) new positive and legit ones come in on the REAL DEAL Revenues (cash and Trade Dollars) and other positive BLYC aspects.
So the Stayers and New Players are the Long Strong Strong and legit MM's that will see a way to make legit Vig on the legit trades.
Nite represents all the online firms under them...64% over 30 Mil in Jan...(check the other MM list post on Pg 4 of this thread)...they will be here for the on-liners...and lets see who else. Numers of Share traded Volumes may decrease for awhile...but PPS increases should make up for that and yield more/higher daily Total Dollar volumes. So the Mm's stay in for the Vig (Spread/commissions etc).
With the right assets BLYC could soon qualify for Archipalego...taking the MM middleman BS pretty much out of the Pic...
Of course thats just my opinion...I could be wrong" - Dennis Miller
"Expect good things on Good deals...and then help energize it and exercise it" DNPS
quote:Originally posted by clay1999: nice list of MM's you have here.... I must ask you to put it in newbie language....what ya trying to say?
Posted by clay1999 on :
Great Thank You Clay
Posted by JoeMillion on :
Blyc chart looks so bullish! Great news releases. Great stock!!!!!!!!1
Posted by suprabiz4 on :
Added 40,000 more shares @.03. This Co. has great potential. Don't know if it will ever dip far into the .02's again. Hopefully just up up up from here. Finally generating revenue that will increase "exponentially". Great things to come.
Posted by cndboy on :
Great time to buy more ....... @.029
Posted by JoeMillion on :
D&P Don't know just remember reading it. Think I might even have replied this was an excellent developement???? VAN
Posted by ANEWBIE on :
Thanks Joe! for posting the site...new to stocks and need all the help I can get!
Posted by JoeMillion on :
Your're welcome anewbie.
- Joe -
Posted by cndboy on :
This company has so much potential it's ridiculous.... It's Ebay for business to business. I wonder if anyone knows what the transaction fee's R?
Posted by dog-n-pony-show on :
Thanks JM= LOOKIN GOOD NOW...maybe you or someone who knows the charts can continue to review and share goin forward....I believe it will be better next week...better week of 20th...and REALLY great week goin into March and forward!
More SEC rules and regs comin on Naked Short total stoppage scenarios...but major acts (the CAnadian Criminal Cons= who could naked Short without even borrowing the shares)should stop by the 20th! Its slowed already...but it aint stopped yet!
quote:Originally posted by JoeMillion: BLYC Analysis
The funamentals on Bentley will soon begin to drive the share price rather than the technicals, which will allow shareholders to reap this reflection.
Like you, I yield to others expertise when it comes to charting interpretation for short term guidance. With an issue like BLYC, a clear path has been laid. This snowball is beginning it's roll down an endless mountain. :)
Bo
[This message has been edited by Bo14172 (edited February 06, 2004).]
Posted by dog-n-pony-show on :
CB- they, as in most people, probably dont even know what the Transaction Fees are for and how much they can be in the Barter Industry. So if you wanna post some DD that explains it= its All good!
They probably dont understand that BLYC could, should and likely would become the First Major and Foremost Barter Financial Transaction Merchant Acquirer and Processor for the Global Barter transaction Industry!
It may also likely be the Premiere positioned power to spearhead the ONLY viable and valued Global Barter Transaction Network for the Barter Industry...and the Ultimate PRIVATE Currency for Global Barter Exchange transactions= BarterDollars.com.
If "they" knew or understood any of this...we would be much much higher in PPS and volumes already...so as "they" do realize it...WE ALL will be much much more rewarded by seeing it first!
B-to-B, I believe is much more adaptable and ameniable to the efficient (liquid and ubiquitous and user friendly) Barter scenario than to online auctions industry of E-Bay and others. Barter is bigger and better for B-to-B for general needs and inventory asset recovery ratios at RETAIL valuations. Anyone can chime in or contribute on ANY or ALL this..its ALL GOOD!
GO BLYC!
quote:Originally posted by cndboy: This company has so much potential it's ridiculous.... It's Ebay for business to business. I wonder if anyone knows what the transaction fee's R?
Posted by dog-n-pony-show on :
Bo-
I agree wholeheartedly on the Fundamentals MoMentum driver as the Strongest and Longest mover upper of the PPS...Snowball or LOCOMOTIVE scenario are appropriate visuals...Unstoppable and Exponential Growth in Power and Effect!
But I like seeing the Tech Charts...and those that follow em...in 0n the BLYC gravy train and campaign train too! "Choo Choo..."...(dont know the sound of a Super Snowball? Swish/Swoosh...and Squish? Or jst a loud Rumble= like an Avalanche maybe!?!)
DOG (Fundamentally I am a Dog...but Technically a Pony!)
quote:Originally posted by Bo14172: Dog-n...
The funamentals on Bentley will soon begin to drive the share price rather than the technicals, which will allow shareholders to reap this reflection.
Like you, I yield to others expertise when it comes to charting interpretation for short term guidance. With an issue like BLYC, a clear path has been laid. This snowball is beginning it's roll down an endless mountain.
Bo
[This message has been edited by Bo14172 (edited February 06, 2004).]
Posted by VNGNTN1 on :
BO I"d be intrested where you are finding the fundamentals? VAN
Posted by dog-n-pony-show on :
Short Sellers Beware: The End Is Near February 4, 2004
Sweeping changes are taking place in the world of short selling. Last month the Securities and Exchange Commission (SEC) approved amendments to NASD Rule 3370 that expanded the scope of the affirmative determination requirement to include orders received from non-member brokers and dealers. What this means is that naked shorting may cease to exist on the scale that it currently enjoys. All of this may seem vague and unimportant for most of our readers. You might be thinking what's the big deal because shorting is not something that pertains to your trading or investing strategies. After today's edition we think you will change your mind.
What Is Short Selling
Let's begin with the very basics. Short selling is the selling of a stock that the seller doesn't own but promises to be delivered. A short seller typically borrows stock from a broker to sell it into the market, betting that the share price will fall so that the shorter can buy the stock back at a lower price. Selling short is the opposite of going long.
When you short sell a stock, your broker will lend it to you. The stock will come from the brokerage's own inventory, from another one of the firm's customers, or from another brokerage firm. The shares are sold and the proceeds are credited to your account. Sooner or later you must "close" the short position by buying back the same number of shares (called "covering") and returning them to your broker. If the price drops, you can buy back the stock at the lower price and make a profit on the difference. If the price of the stock rises, you have to buy it back at the higher price, and you lose money.
Most of the time, you can hold a short for as long as you want. However, you can be forced to cover if the lender wants back the stock you borrowed. Brokerages can't sell what they don't have, and so yours will either have to come up with new shares to borrow, or you'll have to cover. This is known as being "called away." It doesn't happen often, but is possible if many investors are selling a particular security short.
Since you don't own the stock (you borrowed and then sold it), you must pay the lender of the stock any dividends or rights declared during the course of the loan. If the stock splits during the course of your short, you'll owe twice the number of shares at half the price.
Since you are being loaned the stock, you are buying on margin. In fact, you have to open a margin account to short stocks. Your broker will charge you interest on the loan and you are subject to rules of margin trading. This all sounds easy enough but keep in mind that most U.S. brokerage firms will only allow shorting of stocks that are above $5.00 per share because most brokerages will not allow margin on any stocks under this amount. Thus, it is widely assumed by retail investors that stocks under $5.00 and bulletin board stocks are not shortable. This is true for most people but there is a large loophole in the system.
The Loophole
Until the recent amendment, non-NASD members, like specialists, option markets and foreign brokers, weren't covered under the affirmative determination rule. This rule requires that no member or person associated with a member shall effect a "short" sale order for any customer in any security unless the member or person associated with a member makes an affirmative determination that the member will receive delivery of the security from the customer or that the member can borrow the security on behalf of the customer by settlement date. Non-NASD members didn't have to represent to the NASD broker through which they conducted a short sale order that they would be able to deliver the stock by settlement date.
It's often impossible to borrow the shares of companies trading on the OTCBB so investors and hedge funds looking to take negative bets on these stocks have traditionally been trading through Canada where it's not required to borrow stock before selling it short. The practice is known as naked shorting.
Naked shorting has caused some serious problems for companies trading on the bulletin board. It is a slippery slope that may eventually destroy a company's ability to raise capital. Take a scenario where a scrupulous hedge fund or short selling group decides to naked short a bulletin board company into oblivion. Since no shares have to be delivered, shorts may "hit the bid" until the stock hits zero. Perception is reality so shareholders will see the decline and naturally think that something is wrong and liquidate their positions causing a downward spiral. The shorted company will then be unable to raise any capital because their stock is worthless due to the shorts and not because of fundamentals.
Have you ever owned a bulletin board company or any stock under $5.00? Then you may have experienced shares of your company beaten down by shorts and not even know it.
Conclusion
We applaud regulators for amending the affirmative determination rule. The new NASD rule makes it the responsibility of U.S. brokers trading with non-members to make sure that their counterparts will be able to settle a transaction before completing a short sale. This should dramatically reduce the "naked shorting" that is occurring in the sub $5.00 and bulletin board world.
The SmallCap MarketWatch is not anti short selling across the board. On the contrary, we think shorting is healthy for the market to hold valuations in check when optimism gets ahead of fundamentals. However, it is not acceptable when shorts possess a mechanism to endlessly drive a stock into the ground that creates an imbalance that can hurt shareholders
Posted by Bo14172 on :
Hi VN,
Fundamental analysis encompases events of the life of the company and it's activities, which also include financial listings.
I refer you to their site Bentleycompanies.com. Review the last 6-7 months of new releases and see what you surmise.
Their affiliation with Joe Crump and the Crump Barter Network, will make Bentley (dang I hate using catchphrases) the "Ebay of global barter networks". Their vbarter site has been up and running, very successfully (as has been reported with their very positive first month trade and sales figures). If you read about the direction the company plans to take in corporate & governmental avenues of trade, they truly have an exciting and likely very profitable future.
You may conclude different. I like em. Bo
[This message has been edited by Bo14172 (edited February 06, 2004).]
Posted by JoeMillion on :
Looking at the blyc chart we can see that blyc is building a base before the big move. Low volume at the bid telling us the sellers are gone. Increasing my holdings on every dip.
Go BLYC!
- Joe
Posted by VNGNTN1 on :
BO A News release is not a fundamental factor in my understanding. The only release I saw there was 10/14/2003"Annual Report" Which only talked about 2002 business & How restructuring was progressing. The only two meaningful item(but old) was Income 143k. I am holding on this one.THANKS for the site. Get back if I missed something. VAN
Posted by JoeMillion on :
Smart buying coming in now. - Joe -
Posted by Bo14172 on :
Van,
Without question a news release in itself is not a fundamental factor. In my post, I listed some of what this incorporates. Companies in the Dow as well as companies such as QBID move a little or dramatically in their stock price based on fundamental forces. The market assesses how these will affect the earnings and valuation of the company. Such forces include company activities, aquisitions, capital structure happens, etc...the list is endless and specific for each company. And certainly included are quarter and annual reports. Amazon's stock price ran off the charts for a period of years before it even made a dime in net income. Market interpretation of forces beyond the bottom line is the most fascinating thing to me in investing. As Bentley's results (financials) reflect their promise, current shareholders will be rewarded. Bo
[This message has been edited by Bo14172 (edited February 06, 2004).]
Posted by Bo14172 on :
My belief based on their first month's activity, tell me their reported financials may soon reflect their promise and what is to come. Be well Bo
Posted by dog-n-pony-show on :
I am with ya Bo Bro!
"fundamentals"
"Any factor that could be considered important to the understanding of a particular business. Fundamentals are usually considered outside the context of the market as a whole. Some examples of fundamentals include a company's growth, revenues, earnings, management, and capital structure. The use of fundamentals as an investment strategy is called fundamental analysis."
As per InvestorrWords.com
It would also include other DD including the overall Industry and Global Markets and Economics TRENDS and growth/stats etc etc... in which positioned and how a company is positioned there..."Barter is Smarter"...and BLYC is Sharper!
Fundamentals are essentially Common-sense aspects/factors to be completley covered and considered as a package with intel Pro/Con comparisons and perception!
Dog
quote:Originally posted by Bo14172: Van,
Without question a news release is not a fundamental factor. In my post, I listed some of what this incorporates. Companies in the Dow as well as companies such as QBID move a little or dramatically in their stock price based on fundamental forces. The market assesses how these will affect the earnings and valuation of the company. Such forces include company activities, aquisitions, capital structure happens, etc...the list is endless and specific for each company. And certainly included are quarter and annual reports. Amazon's stock price ran off the charts for a period of years before it even made a dime in net income. Market interpretation of forces beyond the bottom line is the most fascinating thing to me in investing. As Bentley's results (financials) reflect their promise, current shareholders will be rewarded. Bo
Posted by Bo14172 on :
Thanks for the good word Dog-n...lol
I knew my days as a finance major at PSU weren't showing too much rust.
I was there when Joe Paterno was the football coach.
If someone wants to hide their age in a range of 40 years, the above statement is about the safest you can make.
Bo (PSU '84)
Posted by JoeMillion on :
Next week should be interesting with the end of shorters day getting closer.
- Joe -
Posted by PSU90 on :
Hey Bo! PSU '90 here. Covers me too!
quote:Originally posted by Bo14172: Thanks for the good word Dog-n...lol
I knew my days as a finance major at PSU weren't showing too much rust.
I was there when Joe Paterno was the football coach.
If someone wants to hide their age in a range of 40 years, the above statement is about the safest you can make.
Bo (PSU '84)
Posted by sammad on :
Bentley Commerce Corporation (OTC:BB BLYC)
BENTLEY COMMERCE CORPORATION
BUSINESS STRATEGY
Overviewv
Bentley 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 will become an online market maker for the barter industry -- a neutral intermediary that brings together fragmented multiple groups of buyers and sellers online. In order to accomplish this, Bentley will create a trade clearinghouse for barter companies, their members and clients, through the development of a seamlessly integrated family of online barter services. It envisions that most barter transactions can be handled in real time, using proprietary software that Bentley is developing or acquiring. The outcome will be to transform and redefine the commercial barter industry as it exists today by enabling barter exchanges, and their members and clients, to trade interactively with each other online.
CURRENT STATUS
Retail Barter -- Crump Barter Network
On August 29, 2003, Bentley entered into an Agreement to purchase Crump Barter Systems, Inc., with a growing membership of 180 local barter exchanges and about 50,000 members that trade through them. Crump represents approximately 30 percent of the barter exchanges in the USA and 50 percent of those in Canada. It was founded in 1998 to bring efficiencies to the barter industry by providing a clearinghouse through which members of different barter exchanges worldwide can make available each other's inventory and services and trade seamlessly with one another.
On November 12, Bentley signed an exclusive license for the Crump Barter Systems, Inc. business methods, rather than acquire it through an asset purchase as originally planned. This enabled Bentley to expedite setting up a wholly owned barter and trade network subsidiary, managed by Joe Crump.
Corporate Barter -- Strategic Alliance with Intertrade Capital Group
On September 11, 2003, Bentley entered the corporate barter business by launching a corporate trade division through a strategic alliance with Intertrade Capital Group, Ltd., an international trade finance and corporate barter company.
The agreement in principal will join Bentley’s Crump Barter Network of 180 barter exchanges that serve about 50,000 small to midsize businesses, 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.
Enterprise Exchanges – Custom Bentley Exchanges Developed for Specific Markets
On November 6, 2003, Bentley announced plans to provide qualified non-profit organizations with their own custom branded online trade exchange that will enable them to more efficiently acquire and convert donated gifts in kind to other products and services more useful to their organizations. Through the non-profit organization’s custom exchanges, they will be able to sell donated gifts for barter dollars to a potential audience of 50,000 businesses that trade through the 180 exchanges of Bentley’s Crump Barter Network. Individuals and businesses that want to make a contribution to a non-profit willbe 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.
On November 20, 2003, Bentley began an 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. The Bentley Hospitality Exchange will enable suppliers to open up new markets and approach customers that they were previously unable to do business with, by offering reduced pricing. Hospitality companies can pay for a portion of much needed tangible products and services for their properties with perishable rooms that would have gone empty or food that might otherwise have not been served. Bentley’s member exchanges benefit from having more products and services available for trade, as well as generating additional fees from creating increased trading. Additionally, Bentley will earn fees for managing the marketplace.
IT Backbone: Exclusive North American License to VirtualBarter Software with capacity to Build and Manage a Worldwide Network of Multi-Lingual, Multi-Currency Barter and Trade Exchanges
On December 8, 2004, Bentley will unveil VirtualBarter 3.0, its comprehensive suite of trade exchange management software that enables an Internet based worldwide network of barter and trade exchanges. A preview can be seen at www.bentley.vbarter.com. By releasing the fully functional version of its software, it exceeded the company’s previously announced expectations of just having a beta version prior to year’s end. This software will enable Bentley to build its online collaborative network of independent exchanges, which it believes will be far superior and larger than any current exchange network.
Bentley licensed VirtualBarter software exclusively for North America, which is the cornerstone for the worldwide collaborative trade alliance. This software is also intended to eliminate barriers to trade by providing new multi-lingual, multi-currency trading for barter and trade exchanges, and their members worldwide. Bentley has already developed a strategic relationship with a new emerging trade exchange network in the Middle East that will be using this software.
VirtualBarter pioneered online global trading with its first ecommerce enabled trading software in January 2000. The software was significantly enhanced with the release of version 2.0 in July 2002. Version 3.0, Bentley’s platform, is now ready for member and exchange participation within Bentley’s Crump Barter Network of 180 barter exchanges that serve about 50,000 small to midsize businesses. With this online suite of barter and trade management software, Bentley hopes to ultimately redefine the barter industry as it exists today by becoming a market maker and trade currency clearinghouse for all barter transactions, while collecting a small fee on each transaction.
Exchanges will begin to use the software December 8. They can brand their site, customize the content, and add their member companies to it. Member companies who barter using the software can now build their catalogs by entering the products and services they have to trade. As an incentive to get exchanges online as quickly as possible, so that their members can participate in online trading, Bentley is waving the $2,500.00 exchange setup fee for “Charter Exchange Members” for the next 90 days.
Among the many special features VirtualBarter offers, is that each exchange can have their own distinct brand and content, with their own name and logo on all screen views. Members who trade through a participating exchange 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, while another click will enable them to purchase it in an eCommerce enabled shopping cart.
Exchanges will be able to manage their entire exchange and all members from one multi-dimensional application. The software provides exchanges with over 20 real time management reports, including a ready to print member directory. Exchanges can monitor transactions, trade and cash fees and broker productivity from one screen, as well as cash collections and cash receipts. Real time transaction fee processing at the time of transaction improves cash flow for exchanges, as it reduces collection issues.
VirtualBarter will give the companies who are members of trade exchanges the ability to manage their own accounts. They will be able to post transactions, view real time online statements, view detailed transaction history, search local and global member directories, and manage their inventory offered for trade with a fully integrated item and inventory control management system.
Marketing activities are enhanced with a full-featured contact manager that includes call scheduling, call reminders and notes with complete reporting. Email marketing will give an exchange and its brokers the ability to easily create instant graphic content and to email it to one member, several members or all of the members in their exchange. Segmentation will allow emails to be sent to custom defined groups, such as all members that have purchased a particular category of item during the year
Posted by mizzou7 on :
I wonder if we will hear some news this week? Bentley Commerce web-site appears to be under some updates/construction... Let keep our fingers crossed!
Posted by suprabiz4 on :
Here's a little info about the success of Gordon Lee, the CEO of Bentley.
In 1999, he founded Startek.com that enable wireless and high speed internet access. It trades on the NYSE, symbol SRT, for $40 a share. Below is a list of awards for Startek acoording to Starteks annual report from their website startek.com
Forbes Magazine Best Small Companies for 2002. Published October 10, 2002 • Business Week Magazine 100 Best Small Companies. Published May 29, 2000 • Fortune Magazine 100 Fastest-Growing Companies. Published September 4, 2000 • Inc. Magazine Hall of Fame. Presented May 21, 1994 (awarded to companies listed in Inc. 500 Fastest Growing Companies for 5 consecutive years) • Customer Interaction Solutions Magazine Top 50 Teleservices Agencies. Published May 2003 • Denver Business Journal Colorado's Top 100 Public Companies. Published October 20, 2000 • Deloitte & Touche 2000, 2001, 2002 Colorado Technology Fast 50. • Laramie Area Chamber of Commerce Corporate Community Service Award. Presented January 22, 2003 • Cornwall Chamber of Commerce 2002 Business of the Year. Presented February 22, 2003 • Texas Workforce Distinguished Employers of theYear 2000. Presented September 11, 2000 • Denver Post Top 100 Colorado Companies. Published August 13, 2000
Imagine when Gordon Lee brings BLYC to similar levels of achievement. We'll see a nice high PPS for sure.
Posted by Bo14172 on :
Just back from a relaxing weekend here. PSU 90 - Let's Go State!
Supra...BLYC is such a solid play. Your DD is right on the mark. Those manning the ship in this company are very sharp.
Expect big things. Bo
Posted by JoeMillion on :
I agree we have a winner here. When people find this stock, its going to get crazy here. Its going to be an interesting weeks going foward.
Go Blyc!
- Joe -
Posted by mizzou7 on :
What's going on with this stock? Billions of business dollars, don't equal pennies...
Posted by suprabiz4 on :
BLYC is due for a solid uptrend. It's support level seems to be about .03(block of 140,000 went through this morning as a buy) I'm sure more good numbers will come out in a press release this month to push this stock further. Obviously the potential of this stock is huge. If Gordon Lee pushes his "eBay of barter" business plan/goal, I think this stock will generate HUGE interest, and just maybe become the next GZFX?!?! I know this stock has a lot of room to go up, so I'm just sitting on my shares, waitin for the inevitable ride. I wouldn't be surprised if this hit $.50 to a $1.00 within a year. Barter is a multi-billion dollar industry, Gordon plans to reap the monetary benefits, and so do I!
Posted by dog-n-pony-show on :
Bentley Commerce's Revolutionary Barter Software Dramatically Increases Membership and Revenue Potential Tuesday February 17, 6:00 am ET
LOS ANGELES--(BUSINESS WIRE)--Feb. 17, 2004--Bentley Commerce Corporation's (OTCBB:BLYC - News) revolutionary software launch results in rapid rise in Bentley online membership base, expected to significantly expand revenue potential. Independent barter groups begin exodus from former software providers to join the Bentley Commerce team. Bentley software, VirtualBarter 3.0, enables Bentley to create and manage a worldwide online barter exchange. Independent member exchanges operate using their own distinct brand and content, while buying and selling on the Bentley worldwide network.
Bentley's creation integrates a worldwide network of trade exchanges where members will manage, merchandise, and market their goods and services.
About VirtualBarter 3.0:
Virtual Barter 3.0, Internet based 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. Among its many special features, VirtualBarter 3.0 allows each independent exchange to have their own distinct brand and content, with their own name and logo on all screen views. Members who trade through a participating exchange can 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, while another click will allow them to purchase it using VirtualBarter's eCommerce enabled shopping cart.
About Bentley Commerce Corporation:
Bentley Commerce 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. 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: Bentley Commerce Corporation Bruce Kamm, 646-825-9001 bkamm@bentleycommerce.com www.bentleycommerce.com
VANCOUVER -- Canadian stockbrokers who engage in a controversial but lucrative practice known as "naked short selling" are about to face new restrictions that appear to be aimed at closing a loophole in U.S. securities industry regulations.
When the restrictions take effect on Feb. 20, brokers in Canada will be prevented from arranging to short U.S. securities on behalf of clients or from inventory, unless they are able to make an affirmative determination that the stock can be borrowed and delivered to the customer on the settlement date.
It means Canadian brokers can still short U.S. stocks, a practice that involves the sale of borrowed shares by people who plan to replace the stock by buying it back at a lower price, allowing them to pocket the difference.
The affirmative determination requirements for short sale orders are part of amendments to the National Association of Securities Dealers (NASD) Rule 3370.
One Canadian brokerage official said he believes Canada is merely an incidental target of rules, which he said are aimed primarily at U.S. market makers who trade on Nasdaq's lightly regulated Over the Counter Bulletin Board.
"I don't believe it is to plug a Canadian hole, solely," said Warren Funt, vice-president of member regulation at the Investment Dealers Association of Canada. "But it will have that effect."
Until this week, Rule 3370 did not apply to brokers who are not members of the NASD. As a result, brokers at Canadian firms, such as Pacific International Securities Inc., Global Securities Inc., Union Securities Ltd. and Raymond James Ltd., were able to generate revenue by shorting U.S. securities on behalf of clients or from inventory, on a non-borrowed basis.
But starting Friday, traders in the United States will be required to ask Canadian dealers if they have borrowed the stock in instances where they are attempting to short a U.S. stock on behalf of a client. "If the answer is no, the U.S. dealer will not accept the trade," said Doug Garrod, president of Global Securities.
Industry officials say the impact on revenue as a result of the affirmative determination rule will not be known until the IDA releases its trading review for the first quarter of 2004.
A compliance executive at one brokerage firm said naked short selling has been a low-profile, high-money earner for brokers, particularly in Vancouver's Howe Street district, and some have already quit in advance of the rule taking effect. (The term "naked" shorting applies to an unlimited form of short selling that can cause wild gyrations in the price of stocks that are usually traded over the counter in the United States.)
"It has been a huge revenue-making area for the brokers that are doing it because you can charge higher commissions when you are trading in the U.S.," the executive said. "The fact that U.S. regulators have taken this action shows that this is a huge problem," the executive added.
For instance, Global Securities and Union Securities are named in a lawsuit launched in British Columbia Supreme Court in 2002 by U.S. biotech firm GeneMax Corp., which became a magnet for short sellers late that year.
In court documents, GeneMax accuses the brokerage firms of abetting an illegal manipulation scheme, which allegedly included naked short selling.
The brokers have asserted in a statement of defence that any long and short sales of GeneMax shares were conducted in accordance with applicable securities laws.
Two years ago, popular American short seller Amr (Anthony) Elgindy was charged with insider trading and racketeering in what U.S. authorities alleged was a scam involving two FBI agents.
Ever since Fannie Mae and Freddie Mac got the ball rolling in the mortgage market (making illiquid assets liquid by packaging them into securities), securitization has expanded into a variety of other markets, including credit-card debt, auto and home-equity loans, commercial mortgages, and trade receivables.
That practice allows originators to sell assets from their balance sheets and devote their capital to generating new business. Thus, securitization has enabled the extension of credit to a much greater number of individuals and businesses in the United States.
Companies Unused Capacity A Financial Tool
Barter provides real benefits to the undercapitalized small business owner. Because any time a company can take its unused or excess capacity and package it so it can be traded, the company is making a wise move. The proceeds obtained, either goods/services on a direct basis or trade dollars on an indirect basis, can then be used in a variety of ways such as defraying overhead expenses, gaining market share, and paying down debt.
People, what's going on with the price, sure aint suppose to stay at .03 cents. This puppy is suppose to be at least at .20 right now. For some reasons somebody is keeping it low. Any comments?
Posted by sully on :
Sent this note today reply is at bottom.. I was happy to see in the press release, that more and more companys are switching over to Bentley.The article was somewhat vague though. Could you please provide myself and the rest of the stockholders more information on this.Are there any figures available to support this claim. reply:Information will be coming soon.
Posted by r.douglas on :
might get exciting....
Posted by gmoney on :
and WE'RE OFF!
Posted by r.douglas on :
someone must be pretty serious to buy a million shares
Posted by speed on :
We shure can't figure this baby out, one day it is up, the other down, next? to da moon? yee hooo! My heart is pounding for you baby!!!! go blyc, go go go!!!
Posted by Bam Bam 17 on :
10QSB: BENTLEY COMMERCE CORP
2/12/2004 2:34:40 PM
(EDGAR Online via COMTEX) -- ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATIONS.
When used in this Form 10-QSB, the words "expects," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements. Such statements are subject to risks and uncertainties, including those set forth below under "Risks and Uncertainties," that could cause actual results to differ materially from those projected. These forward-looking statements speak only as of the date hereof. The company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the company's expectations with regard thereto or any change in events, conditions or circumstances on which any statement is based. This discussion should be read together with the financial statements and accompanying notes included in the company's Annual Form 10-KSB.
GENERAL
Beginning in calendar year 2003, Bentley began its transition to a business-to-business, Internet e-commerce company focused on establishing a new marketplace and distribution channel for worldwide barter and trade. Through the development of a seamlessly integrated family of Internet barter services, it envisions that most barter transactions can be handled online, in real time, with the comprehensive, proprietary VirtualBarter 3.0 software it licensed for North America.
Bentley's mission 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 over the Internet. Bentley intends to serve as a clearinghouse for barter trades for fortune 500 trading partners, hundreds 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.
o ANNUAL MEETING OF SHAREHOLDERS
On Thursday, October 30, 2003, Bentley held its Annual Meeting of Shareholders. Among the proposals passed were changing the company's name to Bentley Commerce Corp. from Bentley Communications Corp.; the purchase of the assets of Crump Barter Systems, Inc.; the election of Gordon F. Lee, chairman and CEO, and Robert Schumacher, president and COO, for a one year term as directors; and approval of the company's new business plan.
o NAME CHANGE TO BENTLEY COMMERCE CORP.
To more accurately reflect the company's position as an emerging leader in e-commerce based online barter and trade, shareholders authorized a name change from Bentley Communications Corp. to Bentley Commerce Corp. at its Annual Meeting of Shareholders. This action did not change or consolidate the issued and outstanding common stock of the company. In subsequent events, its new name became effective on January 12, 2004, its trading Symbol changed from BTLY to BLYC, and its CUSIP number changed to 08264E 10 3.
o BENTLEY CRUMP BARTER NETWORK
On August 4, 2003, Bentley reached an agreement in principal to acquire the assets of Crump Barter Systems, Inc., including the sole and exclusive use of
the name "Crump Barter," all right, title and interest in and to the website " www.crumpbarter.com the Crump Barter system, including its 180 affiliates and alliances, trade receivables and trade payables, fixed assets, all goodwill, real property, personal property, choses in action, and intangible or intellectual property in which Crump has a right or interest or the right to acquire an interest. The Crump Barter System was founded 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.
On November 6, 2003, Bentley and Crump Barter Systems, Inc. mutually agreed to cancel the Asset Purchase Agreement because Crump failed to deliver the required financial statements. Bentley and Crump instead entered into a License Agreement, whereby Bentley licensed the business methods of Crump. This License is for three years and renews automatically thereafter for three year periods until terminated. In exchange for the License, at closing, Bentley will pay to Crump a one-time license fee of 10,000,000 shares of restricted common stock, valued at $.01 per share, and $30,000. Further, the license is subject to an ongoing royalty fee of Three Percent (3%) of the barter fees or $5,000 during any fiscal quarter, which ever is greater, as long as the royalty fee does not exceed $10,000 per fiscal quarter.
In December 2003, Bentley Crump Barter Network was set up as a wholly owned subsidiary of Bentley Commerce Corp., with Joe Crump serving as its president. It has a membership of 180 independent 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.
o VIRTUALBARTER 3.0 SOFTWARE
On Monday, December 8, 2003, VirtualBarter 3.0 went online. VirtualBarter 3.0 is the comprehensive suite of trade exchange management software that builds and enables an Internet based worldwide network of barter and trade exchanges, that Bentley licensed exclusively for North America, This software is the cornerstone for Bentley's worldwide collaborative trade alliance. It will link the members of the Bentley Crump Barter Network in a global online system, as well as other independent exchanges that join. It is intended to help eliminate barriers to trade by providing new multi-lingual, multi-currency trading for barter and trade exchanges, and their members worldwide.
VirtualBarter 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. It was significantly enhanced with the release of version 2.0 in July 2002. Version 3.0, the platform Bentley will be using, was released December 2003.
VirtualBarter will give members of Bentley's trade exchanges the ability to manage their own accounts as they can post transactions, view real time online statements, view detailed transaction history, search local and global member directories, and manage their inventory offered for trade with a fully integrated item and inventory control management system.
In addition to national, regional and local trade exchanges joining the system, exchanges are being set up through VirtualBarter 3.0 that cater to specific
industries as well as nonprofit organizations. Examples include exchanges that will enable:
o artists to trade their art work for the products and services they need; o an 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; and o qualified non-profit organizations to more efficiently acquire and convert donated gifts in kind to other products and services more useful to their organizations.
Bruce Kamm, managing director of Intertrade Capital Group, will manage Bentley's corporate trade division. As part of the strategic alliance, Intertrade will provide Bentley with the ability to facilitate trading under its corporate accounts receivable trading format. Intertrade will market and promote Bentley's corporate and industrial trading business and will negotiate and enter into Accounts Receivable Purchase Agreements. Intertrade will also manage the utilization or unwinding of cash credits by providing Bentley's corporate and industrial trade clients with cash equivalent credit spending opportunities.
o BENTLEY CORPORATE TRADE - Bentley begins its entry into the corporate barter business through a strategic alliance with Intertrade Capital Group, Ltd., a leading 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 Network to initiate corporate trade and to obtain the resources necessary to successfully complete transactions. It will also be able to present a wide range of goods obtained through corporate trade to thousands of retail barter customers. In addition, Bentley plans to execute corporate trades that originate from sources outside of the Crump Network.
o BENTLEY 20% STOCK DIVIDEND
On October 1, 2003, Bentley announced a twenty percent (20%) stock dividend payable to shareholders of record as of October 24, 2003. It was extended on October 17 to shareholders of record as of November 5, 2003, with dividend shares distributed on or about December 1, 2003. As a result of the dividend, shareholders of record received 1 (one) additional share of Bentley Communications Corp. common stock for every five (5) shares they held.
SUBSEQUENT EVENTS:
o BRUCE KAMM, NEW CEO OF BENTLEY
Bruce Kamm, one of the barter and trade industries most experienced and highly regarded executives, was appointed CEO of Bentley Commerce Corporation, effective February 1, 2004.
Mr. Kamm is the developer of VirtualBarter software that 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. He is also the founder and CEO of Intertrade Capital Group, a global alliance
organization that enables barter, trade, countertrade, asset management and alternative capital and financial transactions to greatly expand liquidity and bottom line profitability. At Intertrade he engineered numerous alternative finance and corporate trade transactions for many of America's foremost companies.
Previously, Mr. Kamm established an ITEX office in New York City, which in less than one year became ITEX'S largest and most successful exchange and facilitated the highest amount of trade volume and revenues of any ITEX office for seven consecutive years, culminating in over $16 million in annual trade volume in 1999.
In addition, Mr. Kamm founded TradeBanc, at the time, the first and only Internet based transactional trade banking system that enabled barter transactions, trade finance and asset auctions between small, medium and large national and international companies on a global basis. He was co-founder of UNITE, the global trade network of barter and trade exchanges. Mr. Kamm also founded and managed a real estate development company that specialized in using trade and offset as a component in many of its real estate and construction transactions.
Bentley's executive management team will consist of Gordon Lee, chairman of the board and chief financial officer; Mr. Kamm, chief executive officer; Robert Schumacher, president and chief operating officer; and Joe Crump, president of the Bentley's Crump Barter Network, Inc.
Results of Operations -
Six Months ended December 31, 2003 and 2002
REVENUES - For the six months ended December 31, 2003 and 2002, the Company generated no revenues.
COSTS AND EXPENSES - Total operating costs and expenses decreased from $3,455,791 for the six months ending December 31, 2002 to $1,135,817 for the same period ending in 2003. The decrease of $2,319,974 is primarily attributable to the reduction of investment impairment in Kryptosima of $1,500,000 paid for in shares of the Company in December of 2002, and, approximately $750,000 in consultants' fees for services rendered paid for with shares.
Depreciation and amortization expense for the six-month period ending December 31, 2003 and 2002 was $351 and $350, respectively.
Liquidity and Capital Resources -
As of December 31, 2003, the Company had a working capital deficit of $582,441 compared to a deficit of $426,926 at June 30, 2003, an increase in deficit of $155,515. The increase in deficit was primarily due to a reduction of approximately $54,000 in prepaid expenses, an increase of approximately $26,000 in accounts payable, an increase of approximately $89,000 in cash advances due, and, a decrease of approximately $15,000 in due related parties liabilities.
While the Company has raised capital and borrowed funds to meet its current and projected working capital needs, additional financing will be required in order to meet its obligations. The Company is seeking financing in the form of equity and debt for working capital. There are no assurances the Company will be successful in raising the funds required.
The Company has borrowed funds from significant shareholders of the Company in the past to satisfy certain obligations and anticipates continuing to borrow funds to meet future working capital requirements.
The Company generated a cash flow deficit from operations of $291,055 for the six months ended December 31, 2003. Cash flow deficits from operating activities for the six months ended December 31, 2003 is primarily attributable to the Company's net loss from operations of $1,141,006 adjusted for depreciation and amortization of $351 and common stock issued for services rendered, accrued expenses, organization costs and prepaid consulting fees.
The effect of inflation on the Company's revenue and operating results was not significant. The Company's operations are in the southwestern United States and there are no seasonal aspects that would have a material effect on the Company's financial condition or results of operations.
The Company's independent certified public accountants have stated in their report included in the Company's June 30, 2003 Form 10-KSB, that the Company has incurred operating losses in the last two years, and that the Company is dependent upon management's ability to develop profitable operations. These factors among others may raise substantial doubt about the Company's ability to continue as a going concern.
RISKS AND UNCERTAINTIES
The Company has sought to identify what it believes to be the most significant risks to its business, but cannot predict whether or to what extent any of such risks may be realized nor can there be any assurances that the Company has identified all possible risks that might arise. Investors should carefully consider all of such risk factors before making an investment decision with respect to the Company's stock.
BENTLEY HAS LIMITED EXPERIENCE IN THE E-COMMERCE BUSINESS SECTOR; ANTICIPATES LOSSES; AND IS UNCERTAIN OF FUTURE RESULTS.
Bentley has only limited experience in the e-commerce business sector. Bentley will be incurring costs to develop, introduce and enhance its barter services, to establish marketing relationships, to acquire and develop products that will compliment each other and to build an administrative organization. To the extent that such expenses are not subsequently followed by commensurate revenues, Bentley's business, results of operations and financial condition will be materially adversely affected. Bentley may not be able to generate sufficient revenues from the sale of its service and products. Bentley expects negative cash flow from operations to continue for the next four quarters as it continues to develop and market its business. If cash generated by operations is insufficient to satisfy Bentley's liquidity requirements, Bentley may be required to sell additional equity or debt securities. The sale of additional equity or convertible debt securities would result in additional dilution to Bentley's stockholders.
BENTLEY FACES POTENTIAL FLUCTUATIONS IN QUARTERLY OPERATING RESULTS.
Bentley's quarterly operating results may fluctuate significantly in the future as a result of a variety of factors, most of which are outside Bentley's control, including:
o the level of use of the Internet; o the demand for alternative payment services; o approval of Electronic Funds Transfer networks o seasonal trends in Internet use, o the amount and timing of capital expenditures; and other costs relating to the expansion of Bentley's Internet operations; o the introduction of new services by Bentley or its competitors; o technical difficulties or system downtime; o general economic conditions, and o economic conditions specific to the Internet and Internet media.
Bentley's quarterly results may also be significantly impacted by the accounting treatment of acquisitions, financing transactions or other matters. Due to the foregoing factors, among others, it is likely that Bentley's operating results will fall below the expectations of Bentley or investors in some future period.
BENTLEY'S COMMON STOCK TRADES IN A LIMITED PUBLIC MARKET, THE NASD OTC ELECTRONIC BULLETIN BOARD; ACCORDINGLY, INVESTORS FACE POSSIBLE VOLATILITY OF SHARE PRICE.
Bentley's common stock is currently quoted on the NASD OTC Bulletin Board under the ticker symbol BLYC. As of December 31, 2003, there were 455,144,625 shares of common stock outstanding, of which approximately 178,475,923 were tradable without restriction under the Securities Act. There can be no assurance that a trading market will be sustained in the future. Factors such as, but not limited to, technological innovations, new products, acquisitions or strategic alliances entered into by Bentley or its competitors, failure to meet security analysts' expectations, government regulatory action, patent or proprietary rights developments, and market conditions for technology stocks in general could have a material effect on the liquidity of Bentley's common stock and volatility of Bentley's stock price.
BENTLEY'S FUTURE OPERATIONS ARE CONTINGENT ON ITS ABILITY TO MANAGE ITS GROWTH, IF ANY.
Bentley expects to experience significant growth in the number of employees and the scope of its operations. In particular, Bentley may hire additional engineering, sales, marketing, content acquisition and administrative personnel. Additionally, acquisitions could result in an increase in employee headcount and business activity. Such activities could result in increased responsibilities for management. Bentley believes that its ability to increase its customer support capability and to attract, train, and retain qualified technical, sales, marketing, and management personnel, will be a critical factor to its future success.
Further, Bentley's future success will be highly dependent upon its ability to successfully manage the expansion of its operations. Bentley's ability to manage and support its growth effectively will be substantially dependent on its ability to: implement adequate improvements to financial and management controls, reporting and order entry systems, and other procedures and hire sufficient numbers of financial, accounting, administrative, and management personnel. Bentley's expansion and the resulting growth in the number of its employees will result in increased responsibility for both existing and new management personnel. Bentley is in the process of establishing and upgrading its financial accounting and procedures. Bentley may not be able to identify, attract, and retain experienced accounting and financial personnel. Bentley's future operating results will depend on the ability of its management and other key employees to implement and improve its systems for operations, financial control, and information management, and to recruit, train, and manage its employee base. Bentley may not be able to achieve or manage any such growth successfully or to implement and maintain adequate financial and management controls and procedures, and any inability to do so would have a material adverse effect on its business, results of operations, and financial condition.
Bentley's future success depends upon its ability to address potential market opportunities while managing its expenses to match its ability to finance its operations. This need to manage its expenses will place a significant strain on the Bentley's management and operational resources. If Bentley is unable to manage its expenses effectively, the company may be unable to finance its operations.
BENTLEY FACES RISKS ASSOCIATED WITH FUTURE ACQUISITIONS, IF ANY.
As part of its business strategy, Bentley expects to acquire assets and businesses relating to or complementary to its operations. These acquisitions by Bentley will involve risks commonly encountered in acquisitions of companies. These risks include, among other things, the following:
o Bentley may be exposed to unknown liabilities of the acquired companies; o Bentley may incur acquisition costs and expenses higher than it anticipated; o Fluctuations in Bentley's quarterly and annual operating results may occur due to the costs and expenses of acquiring and integrating new businesses or technologies; o Bentley may experience difficulties and expenses in assimilating the operations and personnel of the acquired businesses; o Bentley's ongoing business may be disrupted and its management's time and attention diverted; and o Bentley may be unable to integrate successfully.
Feb 12, 2004
(c) 1995-2004 Cybernet Data Systems, Inc. All Rights Reserved
Posted by cndboy on :
This baby is moving again ... Can anyone give me some L2's.... Thanks,
Posted by fastrunner on :
Just want to move this up to the top. Moving very nicely today.
Posted by Jesse K on :
How do you guys see this as a long term hold?
Posted by speed on :
Nice pop hen? Could anyone tell me where is the nex resistance please thanks in advance.
Posted by VNGNTN1 on :
BUMP Nice day VAN
Posted by Moose on :
quote:Originally posted by Jesse K: How do you guys see this as a long term hold?
this is a great long term hold- if you have done your dd you would see why: more and more compaines are joining the barter industry (through bently!)
Great long term oppurtunity
Posted by Dardadog on :
[This message has been edited by dardadog (edited February 23, 2004).]
Posted by realityinc21 on :
[QUOTE]Originally posted by dardadog: [B]
yes--long term hold--VOLUME IS UP!!! ALL SYSTEMS ARE A GO!!
------------------ DIANA
Posted by Dardadog on :
This thing is movin' out.
------------------ DaDog
Posted by Dardadog on :
WE'VE GOT UPWARD MOVEMENT HERE!!!
------------------ DaDog
Posted by Dardadog on :
TOOK $100 HERE.
------------------ DaDog
Posted by VNGNTN1 on :
I think that after Nov election & if economy is being artificially shored up, you will see this really take off. VAN
Posted by Schnauzer on :
I sold yesterday and took $725 ... not a bad profit.
Posted by Dardadog on :
[This message has been edited by dardadog (edited February 23, 2004).]
Posted by speed on :
Yeeha! Bentley is growing bigger and faster then I tought it would. Go Bentley, keep up the good work.
Posted by WWJD-thru-me on :
It keeps climbing. Just hit .052 I think this will still move up more. -Debi
Posted by robbob on :
she is moving hard!!!
Posted by ascw60 on :
This stock is on fire. The beauty of it is its a real company ran by a very respected CEO. This could be the winner of the year for me. Everyone do some DD on this one. You will like what you learn of the company. Good luck all.
Posted by ascw60 on :
Not trying to pump here, but want to point out that there is very little selling pressure even with a 29% move up. Thats a good sign for the newbies on this board. I bought another 100000 shares today at .051 for a total of 200000. Posted by mettamark on :
Definitely holding this one long term. I see it bypassing ITEX which currently trades at .14 in 2-3 months, yet does not have a comparable on-line presence. I got the 20% stock bonus from Bentley a while ago and bought in @ .03...if all my stocks were going this way I would be very happy :-)!
quote:Originally posted by Jesse K: How do you guys see this as a long term hold?
Posted by WWJD-thru-me on :
I see this as a long term hold because they have a needed idea, is making money right out of the gate and is a recurring source of revenue. Read the January 21, 2003 PR about the CEO and what he has accomplished. I expect him to do the same or better with this.
Posted by ascw60 on :
Ready to go for the afternoon.
Posted by ascw60 on :
Go ook at level two everyone. This is only going up from here.
Posted by dog-n-pony-show on :
Guys and Gals...this evidently didnt hit the wires like the previous related releases and actions...
THE ACTION EXPECTED/EXPOUNDED FOR FEB 20TH DEADLINE ON NAKED SHORTS= EXTENDED TILL APRIL 1ST! THE BIG MM'S (LIKE NITE ETC)GOT THE NASD TO BEND/KNEEL OVER AGAIN!
YET WE ARE STILL HITTING HIGH GEAR AND THE SHORTS AND NAKED SHORTS ARE A RUNNING FOR COVER! AND WHEN THEYRE ON THE RUN...YOU GOTTA GUN IT! MORE BIG GUNS COMIN TO FRONT LINES...DRIVING RIGHT TO APRIL 1 AND BEYOND! YEE HAA...HAAA HAAA VICTORY IS OURS....SUCCESS IS THE BEST REVENGE= NAKED SHORTS COMIN TO THEIR END!
MORE ACTIONS ON SAME/SIMILAR DUE FROM SEC DIRECT TOO...SOON....
NASD Notice to Members 04-08
Effective Date of Amendments to NASD Rule 3370 (Affirmative Determination Requirements) Extended to April 1, 2004
Executive Summary
NASD is delaying the effective date of amendments to Rule 3370 (Prompt Receipt and Delivery of Securities—the "Affirmative Determination" Rule) approved by the SEC in November 2003,1 until April 1, 2004. The amendments expand the scope of the affirmative determination requirements to include orders received from broker/dealers that are not members of NASD ("non-member broker/dealers"). The effective date of the amendments originally was February 20, 2004.2 NASD understands that some members need to make significant technological changes to their systems to comply with the new requirements; therefore, NASD is extending the effective date to provide members with additional time to make such changes.
Questions/Further Information
Questions concerning this Notice may be directed to Gary L. Goldsholle, Associate General Counsel, Regulatory Policy and Oversight, NASD, at (202) 728-8104; or Patricia M. Albrecht, Assistant General Counsel, Regulatory Policy and Oversight, NASD, at (202) 728-8026.
Discussion
As further detailed in Notice to Members 04-03, the SEC recently approved amendments to Rule 3370 to require that, prior to accepting a short sale order from a non-member broker/dealer, a member make an affirmative determination that the member will receive delivery of the security from the non-member broker/dealer or that the member can borrow the security on behalf of the non-member broker/dealer for delivery by the settlement date. In addition, the amendments provide exemptions for certain proprietary orders of a non-member broker/dealer if those proprietary orders meet the same conditions for exemptions applicable to proprietary orders of member firms, and the following two conditions are satisfied: (1) the non-member broker/dealer must be registered with the SEC; and (2) if using the market maker exemption, the non-member broker/dealer is registered or qualified as a market maker in the securities and is selling such securities in connection with bona fide market making.
As approved, the effective date of the amendments was February 20, 2004; however, NASD is delaying the effective date of these provisions until April 1, 2004. NASD understands that some members will need to make significant technological changes to their systems to comply with the new requirements. NASD believes that delaying the effective date of these amendments until April 1, 2004, will provide members the additional time necessary to make changes to their systems.
This is the 1st 52 WEEK HIGH alert for BLYC in the past 7 calendar days.
The share price for Bentley Commerce Corporation (OTCBB: BLYC) reached a new 52-week high today, trading at $0.048, up $0.007 (17.07%) from its previous close of $0.041.
The Company's previous 52-week high of $0.046 was set 109 days ago on November 06, 2003.
One year ago, the Company's shares closed at $0.014. The price has climbed more than 242 percent since then.
At the time of this alert, the stock had traded 4,205,500 shares via 87 trades, 2.30% above it's 20day average of 4,110,805 shares.
This new 52-week high currently puts the stock:
48.84% above its 20day Moving Average of $0.032 59.31% above its 50day Moving Average of $0.030 54.79% above its 100day Moving Average of $0.031
The Company last released news on February 23, 2004 (today):
"Bentley Commerce's Online Hospitality Exchange Launches This Week with Over 200 Hotels, Motels, and Bed & Breakfasts"
BENTLEY COMMERCE CORPORATION Bentley Commerce Corporation is a business-to-business, Internet e-commerce company that seeks to establish a new marketplace and distribution channel for worldwide barter and trade.
NOTE= LOOKS LIKE THEYRE A LITTLE OFF...LOW...BEHIND...ITS EVEN BETTER/BIGGER...BARTER IS SMARTER...AND BIGGER AND BETTER!
Posted by dog-n-pony-show on :
NOTE= ALMOST 27 MIL SHARES..."WHOA"...ER..."GIDDY-UP"! "YEE HAAA"!
BLYC BENTLEY COMMERCE CP.
Last Sale: 0.053 +0.012 +29.27% Company Profile Address S & P Company Insight Monthly Share Volume Real Time News and Alerts
Today's Low: 0.03 Best Bid: 0.053 Best Ask: 0.055 Bid Size: 5000 Ask Size: 5000 Status: Active
Headlines 02/23/2004 - BLYC: New 52-Wk High @ $0.048 up 17.07% 02/23/2004 - BLYC: Launch of Bentley Hospitality Exchange 02/23/2004 - Bentley Commerce's Online Hospitality Exchange Launches This Week with Over 200 Hotels, Motels, and Bed & Breakfasts
Now that the 0.047 wall is broken let's run to 0.14 (previous high 2002)
Posted by mizzou7 on :
HERE WE GO.........................
February 24, 2004 06:02 AM US Eastern Timezone
Bentley Commerce to Acquire $5 Million in Resort Condos and Suites in Exchange for $5 Million Trade Credit to Complete New Resort Hotel
LOS ANGELES--(BUSINESS WIRE)--Feb. 24, 2004--Bentley Commerce Corporation's (OTCBB:BLYC) new Corporate Trade Group will provide $5 million in cash equivalent trade credit funding to a Caribbean resort in exchange for an equal amount of resort condos, suites and rooms that it plans to re-market for cash to vacation and resort travelers. Bentley Commerce will also market a portion of the room inventory through its Bentley Crump Barter Network of 180 independent trade exchanges with about 50,000 companies that trade through them, to expand trade opportunities available to its members.
Bentley Commerce's first trade credit funding of a resort, was engineered together with Intertrade Capital Group, its strategic alliance partner. It will assist a U.S. based company that specializes in resort and hotel development to complete one of its Caribbean resorts located on the North Coast of the Dominican Republic near Cabarete. It includes a 340-acre master-planned residential beach-front resort community, a 180 all-suite condo-hotel and conference center, plus approximately 300 homesites, an 18-hole golf course, sites for additional hotels, a commercial shopping center and casino.
Under the agreement signed this week, Bentley Commerce will advance $5 million in cash equivalent trade credits that will be used to reduce the resort's cash requirements for the purchase of building materials, furniture, fixtures and equipment, printing and media. Bentley Commerce also has an option to receive a 10% equity share of the completed $100 million resort village project for $1 million in Bentley Commerce stock, pursuant to the resort reaching certain milestones. Bentley Commerce will also provide the resort with marketing and international sales expertise, as well as introductions to its corporate clients, especially those in its commercial and industrial buying consortium.
"When the project is completed," said Bruce Kamm, Bentley Commerce's CEO and the Managing Director of its Corporate Trade Group, "Bentley Commerce will sell most of its acquired inventory of condos and room nights for cash, which we believe will result in substantial revenue. We will also market some of the room nights for trade dollars. Our hospitality trade credit funding initiative will also provide us with an inside track on resort hotel rooms for barter, one of the most demanded areas of personal and cooperate barter, as well as present us with excellent opportunities to obtain equity positions in new resorts.
"Bentley's Hospitality trade credit funding initiative is an extraordinary opportunity for resorts and hotels requiring financing for property development, refurbishment and renovations to offset and reduce their cash requirements," Mr. Kamm concluded. "It allows the hospitality companies to pay a significant portion of their capital improvements, interest free with their own excess room capacity or future sales."
In Other News:
An agreement with Intertrade Capital Group to provide Bentley Commerce Corporation with the ability to facilitate trading under its corporate accounts receivable trading format was signed today. Intertrade will market and promote Bentley's corporate and industrial trading business and will negotiate and enter into Accounts Receivable Purchase Agreements. Intertrade will also manage the utilization or unwinding of cash credits by providing Bentley's corporate and industrial trade clients with cash equivalent credit spending opportunities. The agreement also joins the Bentley Crump Barter Network with Intertrade's team of international trade finance and corporate barter specialists. Bruce Kamm, new CEO of Bentley Commerce Corporation, is the founder and managing Director of Intertrade.
About Bentley Commerce Corporation:
Bentley Commerce 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. Through the development of a seamlessly integrated family of online barter services, it envisions that most barter transactions can be handled over the Internet in real time, with its proprietary VirtualBarter software. Bentley intends to serve as a clearinghouse for barter trades for fortune 500 trading partners, scores of existing retail barter exchanges that serve companies of all sizes, corporate barter companies that serve large multinational corporations, trade associations and their member companies, as well as media and travel agencies.
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.
Posted by Bob Frey on :
Upticking this am
Posted by ascw60 on :
Going to be another good day for this one. I wouldnt mind seeing .14 Posted by dog-n-pony-show on :
Actually, from approx Aug 15-22 in 2002 it was 15-18 range...with ACTUAL HIGH of 17.8.
BLYC/BTLY has much much better Focus,Facts, Fame and Fortune aspects now (Exec team, Industry, Revenues,Superior and proven Proprietary Tech, etc etc etc) than just the "Pin-Pad" tech promises and tiny proportional revenues and realities!
We should see over the 18 mark and much more...sooner than most realize...and higher than most dared to hope or believe!
Go BLYC!
quote:Originally posted by EverGreen: Now that the 0.047 wall is broken let's run to 0.14 (previous high 2002)
Posted by GoBig on :
At least one of my holdings are in the green today...sheesh.
Posted by Bo14172 on :
dog-n,
Unlike so many offerings, whether it be Dow's, mid/small caps or OTC's, this one is sure is unique to me. They have continually exceeded expectations in results of their business model since October. They have a complete understanding and responsiveness of their market's needs. Excellent leadership with clear and timely press releases will continue to serve their industry and investors well. Bo
[This message has been edited by Bo14172 (edited February 24, 2004).]
Posted by dog-n-pony-show on :
I CONCUR...WHOLEHEARTEDLY !
ISNT IT GREAT WHEN HOPE, POSSIBILITIES/VISION, AND REALITIES ARE ALL GOOD OR GREAT...AND EVEN BETTER THAN PESSIMISTIC PAST WOULD HAVE ALLOWED FOR, EVEN THE OPTIMISTIC AND AWARE, ONE TO HAVE IMAGINED!?!
ITS ABOUT TIME HUH?! AN IDEA AND ENTITY WHOSE TIME HAS COME!
UNDER-ESTIMATED AND UNDER-VALUED AS IT IS....GO BLYC!
quote:Originally posted by Bo14172: dog-n,
Unlike so many offerings, whether it be Dow's, mid/small caps or OTC's, this one is sure is unique to me. They have continually exceeded expectations in results of their business model since October. They have a complete understanding and responsiveness of their market's needs. Excellent leadership with clear and timely press releases will continue to serve their industry and investors well. Bo
[This message has been edited by Bo14172 (edited February 24, 2004).]
Posted by robbob on :
rolling again
Posted by dog-n-pony-show on :
Despite this delay on Naked Short scam end date deadline , BLYC is already on the way to burying them thru PPS rocket rise! Longs Stalwart- Straight- Strong...Naked Shorts are Scared Stupid Scammers!
NASD Notice to Members 04-08
Effective Date of Amendments to NASD Rule 3370 (Affirmative Determination Requirements) Extended to April 1, 2004
Executive Summary
NASD is delaying the effective date of amendments to Rule 3370 (Prompt Receipt and Delivery of Securities—the "Affirmative Determination" Rule) approved by the SEC in November 2003,1 until April 1, 2004. The amendments expand the scope of the affirmative determination requirements to include orders received from broker/dealers that are not members of NASD ("non-member broker/dealers"). The effective date of the amendments originally was February 20, 2004.2 NASD understands that some members need to make significant technological changes to their systems to comply with the new requirements; therefore, NASD is extending the effective date to provide members with additional time to make such changes.
Questions/Further Information
Questions concerning this Notice may be directed to Gary L. Goldsholle, Associate General Counsel, Regulatory Policy and Oversight, NASD, at (202) 728-8104; or Patricia M. Albrecht, Assistant General Counsel, Regulatory Policy and Oversight, NASD, at (202) 728-8026.
Discussion
As further detailed in Notice to Members 04-03, the SEC recently approved amendments to Rule 3370 to require that, prior to accepting a short sale order from a non-member broker/dealer, a member make an affirmative determination that the member will receive delivery of the security from the non-member broker/dealer or that the member can borrow the security on behalf of the non-member broker/dealer for delivery by the settlement date. In addition, the amendments provide exemptions for certain proprietary orders of a non-member broker/dealer if those proprietary orders meet the same conditions for exemptions applicable to proprietary orders of member firms, and the following two conditions are satisfied: (1) the non-member broker/dealer must be registered with the SEC; and (2) if using the market maker exemption, the non-member broker/dealer is registered or qualified as a market maker in the securities and is selling such securities in connection with bona fide market making.
As approved, the effective date of the amendments was February 20, 2004; however, NASD is delaying the effective date of these provisions until April 1, 2004. NASD understands that some members will need to make significant technological changes to their systems to comply with the new requirements. NASD believes that delaying the effective date of these amendments until April 1, 2004, will provide members the additional time necessary to make changes to their systems.
how many Employees working in this ??
Posted by mizzou7 on :
Check out the Hospitality Exchange...
238 motels now listed, world wide...
Posted by mizzou7 on :
Where has everyone gone?
Posted by mizzou7 on :
February 27, 2004 06:31 AM US Eastern Timezone
Bentley Commerce Entered the Lucrative Corporate Barter Sector This Week and Closes Its First Multi-Million Dollar Transaction
LOS ANGELES--(BUSINESS WIRE)--Feb. 27, 2004-- Exclusive Agency Agreement Signed with Intertrade Capital Group to Manage Bentley's Corporate Barter Division
During its first week of operation, Bentley Commerce Corporation's (OTCBB:BLYC) corporate barter group closed a $5 million asset purchase agreement to acquire resort condos and suites for cash equivalent trade credit. With its corporate barter accounts receivable trading format, Bentley Commerce is able to purchase future excess capacity and underperforming assets without using its own assets or cash for purchasing.
This was the first transaction carried out through an exclusive contract Bentley Commerce has with Intertrade Capital Group, Ltd., a leading international trade finance and corporate barter company. The contract joins the Bentley Crump Barter Network of 180 independent barter exchanges that serve about 50,000 small to midsize businesses, 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 transactions 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.
Corporate Barter, is a $60 billion potential market. More than 40% of all major companies participate in corporate trade though a handful of corporate barter companies. Most of these corporate barter companies specialize in media trades, offering media in exchange for the excess capacity, production or inventory of their clients. The problem for many of the client companies is that many do not advertise, or have other needs and have little benefit of trading their non-performing assets just for media.
Bentley Commerce plans to overcome these limitations for its corporate barter clients because its corporate barter group focuses and specializes on non-media trade opportunities for its clients, and expects to significantly expand its client company's opportunities to utilize trade dollars. Through Bentley Commerce's commercial and industrial buying consortium, a company can use Bentley Cash Equivalent Trade Credit to reduce the cash they need to purchase a wide range of business products and services, such as: printing, telecomm, voice and data, construction services, facilities management services, warehousing materials, freight, equipment and machinery, furniture, fixtures and equipment, etc.
Unlike retail barter dollars that are used for purchasing in a trade exchange, corporate trade cash equivalent credit is used with cash for purchasing, and therefore has a negligible cost to a corporate barter company. In retail barter a member of a trade exchange can use their trade dollars earned from the sale of their products or services to purchase other items they need, typically at 100% trade, and therefore a trade dollar has an actual cost, which is the cost of a company's own product or service.
The hospitality sector has successfully used corporate barter for many years. For example a hotel can reduce their cash requirements for purchasing and capital improvements. The offset in spending is paid in empty room nights that would have gone unsold. If the cost of those room nights were 20% of the selling price, the hotel would save 80% on purchasing for the amount of trade they were able to use each year.
About Intertrade Capital Group:
Intertrade Capital group provides creative financing and innovative marketing programs utilizing trade and expands business opportunities and profit potential for many of America's leading corporations. Intertrade also provides asset management and fulfillment services, alternative capital, intellectual assets and transactional capabilities to Fortune 1000 companies and governments. It offers liquidity and enhanced profitability to domestic and global companies by empowering them to pay for the products, services and capital requirements they need with their own excess capacity or production.
About Bentley Commerce Corporation:
Bentley Commerce 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. Through the development of a seamlessly integrated family of online barter services, it envisions that most barter transactions can be handled over the Internet in real time, with its proprietary VirtualBarter software. Bentley intends to serve as a clearinghouse for barter trades for fortune 500 trading partners, scores of existing retail barter exchanges that serve companies of all sizes, corporate barter companies that serve large multinational corporations, trade associations and their member companies, as well as media and travel agencies.
Posted by bauer on :
Bump for a 10% gain today
Posted by askwhy on :
Employees: 1
Posted by VNGNTN1 on :
ASK Where are you finding company data? VAN
Posted by dog-n-pony-show on :
SHOULD BE "ASK WHO"...NOT "ASKWHY"...WHO ARE YOU BESIDES A BASHER , PROBABLY THE ONE KNOWN AS "LUUSER" FROM THE BLYC RB BOARD. ANY WHO YOU DONT HAVE A CLUE...TOTALLY ERRONEOUS AND ILLITERATE ARE YOU...
SINCE BLYC IS ALMOST TOALLY AUTOMATED AND ONLINE AND THERFORE WAY AHEAD OF ALL THE OTHER BARTER GROUPS THAT ARE ANTIQUATED, HOW MANY EMPLOYESS DOES IT NEED? AND HAVE YOU COUNTED ALL THE PERSONNEL IN EACH OF THEIR 6 OPERATIONAL OFFICES? OR ARE YOU STILL DIGGING THROUGH OUTDATED FILINGS LOOKING FOR NEG/DIRT ONLY...WITHOUT REALLY TRYING OR THINKING AT ALL?!
DO YOU NOT COUNT THE EXECS THAT ALL , ADMITTEDLY UNUSUAL THAT IT IS, WHO ACTUALLY ALL PERFORM WORK?
WHATS YOUR POINT..."POINTLESS" ? !?
quote:Originally posted by askwhy: Employees: 1
Posted by Bo14172 on :
Good point Dog,
but go easy because I'm not sure what he/she meant by that either. If anyone wants to look at the 3 men behind Google, or those few that started EBay or Microsoft and compare Bentley with them, that would be a more accurate in gaining perspective. Bentley has far more people in their operation with the Crump Barter System as part of their operation. The main people heading this company have incredible foresight and an obvious results oriented action plan in place. Like we've said before, it's refreshing to watch a company like this, when so many other Big Board and OTC companies get wrongly critisized daily. The comment above is obviously mistaken either due to lack of knowledge for some other reason. Being a 24/7 global operation that is successful at it's inital rollout is exciting. The word "exponential" they used hasn't been lost on me, and my belief over the course of this calendar year, that type of growth is what will be seen. Be well, Bo
Posted by justastock on :
This is in there last 10QSB, this is why I never bought when it was .018!
The Company has authorized 2,500,000,000 shares of common stock, with a par value of $.0001 per share and 20,000,000 shares of preferred stock, with a par value of $.0001 per share. The Company has 455,144,625 and 310,830,764 shares of common stock issued and outstanding at December 31, 2003 and June 30, 2003, respectively. The Company has no shares of preferred stock issued and outstanding at December 31, 2003 and June 30, 2003.
Kinda like GZFX, wait until the PPS is up to a decent amount,, the S-8em!
Posted by justastock on :
Not bashing, REALLY, I have been watching this one for over a yr, I have made money on it, just be carefull..It also could be like IDNW/GBLT, and change there minds, never issue those shares.. Lets hope, could happen, but the 400 & 300 could be the stinker.
Posted by Bo14172 on :
I understand your point justa, but the 501 million outstanding shares doesn't concern me that much. EBAY has a current O/S of 645 million shares. Yahoo has a current O/S of 665 million shares. Amazon has a current O/S of 404 million shares.
BLYC's results beginning last month, and for as long as they grow their business will be the driving force behind the share price. Their current business model has been designed, planned and executed just since last August. I contend they did a remarkable job and are on the fasttrack to a growing and secure future.
[This message has been edited by Bo14172 (edited March 02, 2004).]
Posted by yoyostocks on :
since this is the month of shorting, I am hoping for a big drop to buy back in.
Posted by dog-n-pony-show on :
Monster And EBay Bartering Efforts Considered A First
According to Jeff Taylor, founder and CEO of Monster Worldwide, the recent alliance between his company and eBay marks the first such relationship between two of the leading Internet companies.
Monster is the leading online career site, it records 41 million visits per month. EBay is visited by 69 million visitors each month. The two companies are cooperatively working together, exchanging services and visibility to expand their reach.
The agreement will see Monster's career services getting prominent exposure on eBay's home page. While Monster will serve as the title sponsor of eBay Live!—an annual conference where buyers and sellers meet from around the world. This year the meeting is scheduled in June at New Orleans.
Monster will also provide sessions on career planning and hiring for small businesses at eBay Live! and eBay University. EBay U is a roving educational program that travels across the country, teaching people the ins and outs of buying and selling on eBay.
Editor's Note: EBay currently sells $6 billion in cars and car parts, and almost $4 billion in computers and electronics. It also houses storefronts for IBM, Sears, and Sun Microsystems. The arrangement with Monster is indicative of the efforts eBay must pursue to sustain growing at 74% a year, and thus maintain its second place position of the top 10 fastest growing companies in the United States.
* Cendant Corp. is converging the individual loyalty programs of all its hotel brands under one umbrella called TripRewards. Under the new program members will have more than 140 ways to redeem points for free flights, hotel stays and car rentals.
Travelers who were members of Cendant hotel brands including Days Inn, Ramada, Travelodge, and Howard Johnson are automatically rolled over to the new loyalty plan which offers increased redeeming opportunities. Before, members of one of the individual hotel loyalty programs mostly had only hotel-related redemption opportunities.
TripRewards will also offer a variety of non-travel treats like gift certificates to Burger King and Starbucks, KB Toys and Best Buy, or a $25 gift certificate in exchange for 5,500 points.
* Amtrak is taking a cue from the airlines and rolling out a new loyalty program. It will reward frequent riders with free travel certificates, which can be used or transferred to friends, family, or anyone else.
* New programs that reward doctors are starting to catch on in health care...and now patients are getting cut in on the deal, too. A group of major corporations (GE, Ford, UPS, P&G) are launching a pilot program to pay doctors in several cities bonuses of up to 10% in "CareRewards" points if they can prove better care for cardiovascular and diabetes patients. Patients will earn points as well, and be able to redeem them for merchandise coupons, or time off from work. Bottomline: Still another "currency" is being introduced into the marketplace.
-------------------------------------------------------------------------------- NOTE: THE BENTLEY COMMERCE PRIVATE CURRENCY PLAN PROGRAM IS IN THE WORKS SEE LINK ON BENTLEYCOMMERCE DOT-COM WEBSITE AND LINK AND REFERENCE TO BARTERDOLLARS.COM , WHICH CRUMPBARTER DOLLARS WILL BE INCORPORATED INTO AND BE THE CENTRAL CURRENCY OF THE VIRTUALBARTER BENTLEY COMMERCE "BARTERBANK/CENTRAL BANK FED RESERVE" CURRENCY ALL OTHERS ARE LINKED OT AND EXCHANGED THRU...CAPICHE?!
Posted by dog-n-pony-show on :
Mind the Gap A U.K. Internet startup is monetizing the economic influence of kids.
By Joe Chung An angel investor’s view of emerging companies March 2004
A true economist, the joke goes, would never bother to pick up a $10 bill on the sidewalk because in an efficient market, instant, riskless profit is impossible. Of course, markets are far from efficient, and an entrepreneur would not only scoop up the sawbuck but also scheme about where to find more. Startup companies are ventures whose entire existence is based on exploiting a gap in the market—an inefficiency that existing companies have failed to identify and pursue for profit. Potential investors attempt to assess the size (or even existence) of a startup’s designated gap and whether the company is truly poised to take advantage of it.
I recently ran across a fascinating case of attacking such a gap in London, England-based SwapitShop, an enterprise dedicated to creating a universal currency for children. As Jonathan Attwood, SwapitShop’s CEO, explains, children have tremendous economic influence via their parents, who purchase endless quantities of toys, food, and entertainment on their behalf. Yet kids themselves generally have very little ready cash. Guiding their economic influence is big business, and marketeers constantly strive to “incent” (i.e., bribe) kids to demand the games, TV programs, and sugary snacks that they sell.
Attwood finds huge inefficiencies—and hence opportunities—in the ways that these incentives are currently meted out. Inserting a Spider-Man figure in every box of Frosted Flakes costs millions, he explains, and of course many children may not like Spider-Man, or action figures at all. His solution: give kids Swapits, a virtual currency redeemable for merchandise on the SwapitShop Web site. Swapits are distributed as coded numbers printed on coupons or product packages. Printing 100 Swapits on the inside flap of a cereal box costs next to nothing, says Attwood, and kids can get things they actually want.
SwapitShop profits from these transactions by selling its currency to, say, a cereal company, typically for a few tenths of a penny per Swapit. SwapitShop then spends about one-third of its take on new merchandise, ensuring a broad range of gettable goodies and preventing Swapit currency devaluation. The remaining two-thirds is gross profit—not a bad ratio at all!
The site began with another idea, though, that it continues to promote. Kids can also obtain Swapits by auctioning off toys, CDs, Pokémon cards, and other closet clutter to obtain something more desirable: hence the “swap” moniker. Children post descriptions of items for auction on SwapitShop’s site. When a bidder has won an item, the seller mails it to SwapitShop, which forwards it to the buyer. Sellers, meanwhile, redeem their Swapits for new or auctioned items on the Web site. Taking a commission on auctioned items, as eBay does, isn’t particularly useful to SwapitShop, since Swapits aren’t worth anything outside the company’s own Web site. However, Attwood and his founding partner, Emily Elton, realized that the outflow of parcels from redeemed Swapits has made them one of the United Kingdom’s largest direct mailers to children. Now every package carries coupons and other marketing literature along with the purchased item. Attwood claims that the revenue from direct marketing covers the cost of processing the merchandise in the first place—plus a small profit margin.
SCORECARD: SWAPITSHOP Elevator Pitch Monetize the economic influence of children worldwide Future Vision “Swapits” will become a fungible kids’ currency CEO’s Insomnia Running out of money before building a critical mass of end users Leg Up Strong brand recognition in the U.K.; solid, well-known customers
Attwood and Elton excel at squeezing every pound of profit from what began as the simple idea of swapping old toys. In addition to the sales of Swapits to consumer products makers and the fledgling direct-marketing business, they’ve created a division to survey and test-market third-party products to SwapitShop kids, obtaining valuable market data from a group that is traditionally difficult to reach. SwapitShop charges anywhere from several hundred to tens of thousands of pounds for these services, but the participants are paid, of course, in Swapits.
The duo’s obsessive pursuit of efficiency and profit has enabled the company to survive a grueling economy with minimal cash infusions. To date it’s raised less than $750,000 from angel investors and is squeaking by at more or less breakeven with five full-time employees. Nonetheless, it’s managed to expand its user base to more than 100,000 children and boasts Disney, Vivendi, Sainsbury’s, Nestlé, and the U.K. government as paying customers.
Although now operating solely in the United Kingdom, SwapitShop has major ambitions for its currency. Attwood foresees Swapit cards that operate like debit cards, redeemable for discounts or merchandise in participating stores around the world. He pictures Swapits as gifts, allowances, and homework incentives—a universal motivator for kids.
Ultimately, the Swapit currency may become the mechanism for monetizing the economic influence of children. That’s a market gap that may be worth a fortune to the companies that can successfully exploit it, and to the investors lucky enough to pick a winner. Then again, the gap, like the economist’s ten-spot, may be just an illusion.
-------------------------------------------------------------------------------- Joe Chung cofounded Cambridge, MA-based Art Technology Group. Neither he nor TR holds any financial interest in the companies profiled nor endorses them as investments.
Copyright 2004 Technology Review, Inc. All rights reserved
NOTE: BLYC BARTERDOLLARS CURRENCY FILLS A HUGE GAP IN AN INCREDIBLY HUGE MARKET...CAPICHE?
Posted by justastock on :
quote:Originally posted by Bo14172: I understand your point justa, but the 501 million outstanding shares doesn't concern me that much. EBAY has a current O/S of 645 million shares. Yahoo has a current O/S of 665 million shares. Amazon has a current O/S of 404 million shares.
BLYC's results beginning last month, and for as long as they grow their business will be the driving force behind the share price. Their current business model has been designed, planned and executed just since last August. I contend they did a remarkable job and are on the fasttrack to a growing and secure future.
[This message has been edited by Bo14172 (edited March 02, 2004).]
Its worth keeping a eye one, I missed MOBL after 2 yrs of watching, not going to miss this one, been watching it for about a yr, PAVP should run soon thats my major holding, then I will add here.
Posted by justastock on :
Hmmm.. This one reminds me of another stock.. MOBL before the big run..accumaltion!!
Posted by sully on :
Bentley Commerce Launches Online Barter Exchanges for The Ozean Group's 39,000 Hotel and Restaurant Industry Subscribers
LOS ANGELES--(BUSINESS WIRE)--03/04/2004--Bentley Commerce Corporation (OTCBB:BLYC), the emerging leader in online barter and trade, has launched two online barter exchanges for the 39,000 hotel and restaurant industry subscribers of the Ozean Group, the premier online resource for hotel and hospitality suppliers.
"With Bentley Commerce's ability to establish, host and manage state of the art online barter exchanges that are tied into its global worldwide network, and the Ozean Group's loyal and growing subscriber base, as well as the millions of visitors it receives each year on its hotel, restaurant, travel and hospitality websites, we anticipate that our exchanges will rapidly become the world's largest online trade exchanges for hotels and restaurants," said Bruce Kamm, Bentley Commerce CEO. "We are delighted with the strategic alliance we have formed with The Ozean Group."
The new online barter exchanges, located at www.hotelresource.vbarter.com and www.restaurantresource.vbarter.com, will enable hotel and restaurant suppliers to trade excess inventories, in addition to a wide range of their own products, for the products and services they need to operate their own businesses.
Bentley Commerce (www.bentleycommerce.com) will provide its VirtualBarter trade exchange management software and global trade marketplace, host and manage the exchanges and have its team of experienced trade consultants assist members to learn about trade opportunities. Bentley will also provide marketing and customer service. In addition, members of the hospitality exchanges will be able to trade online with a new base of buyers in Bentley Commerce's Global Trade Marketplace that already includes over 200 hotel, resort and B&B properties from its Hospitality Exchange located at www.hospitalityexchange.vbarter.com.
The Ozean Group (www.hotelresource.com) will provide extensive marketing and promotion for the new barter exchanges on its websites that annually receive millions of visits and in its industry subscription newsletters and publications that are sent to 39,000 subscribers. In addition Ozean will add trading information to its websites that will teach hotel and restaurants, and the hospitality industry in general, about the benefits of barter, and how they can use barter to increase sales and reduce their operational expenses. Ozean will also provide the vendors and suppliers to the restaurant and hotel industry with information about the benefits of trading.
About The Ozean Group:
The Ozean Group is the online resource for the hotel and travel industries, both for professionals and consumers. Its B2B (Business to Business) Network under the Hotel Resource umbrella, was launched in 1998 and has grown to include an industry news wire service and other online products for the hotel, hospitality and travel industries. Its Consumer Network was launched with Hotel Insider, an online hotel booking service with over 50,000 hotels in its database.
Posted by gmoney on :
she's off again
Posted by sircruz68 on :
+33.33%
Rollin early.
Posted by Degs on :
37.5% and going!!
[This message has been edited by Degs (edited March 04, 2004).]
Posted by EverGreen on :
Fasten your belt - same situation as MOBL - GTEL - GLBT the wall is broken - next is 0.08 and then 0.14
[QUOTE]Originally posted by Degs: [B]37.5% and going!!
Posted by sircruz68 on :
+50%
Posted by mettamark on :
quote:Originally posted by sircruz68: +50%
wow..incredible volume..there is nothing stopping this stock from hitting .10 soon and only a few months ago, when the stock treaded around .03, Bentley offered a (free) 20% stock dividend! This is real money now!!
Posted by speed on :
Sorry, people got out today at .068 but can't wait for a pull back to get back in. Good luck to everybody. Speed.
Posted by Bo14172 on :
Speed,
You may be right, but this is not like other companies discussed in this forum.
A market they have now carved and own, much like EBAY, has been established. How they they both act as the 24/7 exchanges for their market is sensational. Bentley's exchanges do include individuals, but their barter market for companies, institutions and governments, goes far beyond an item being auctioned. Ebay's revenues and profits are amazing and continue to grow (over 2 billion in revenue over the last 4 reported quarters). Bentley has planned so well and sown seed that have immediately produced results. There is no looking back from here.
Yes, of course there will be pull back periods. Timing those moments at this exciting stage of their growth may take as much luck as skill. Attempts to chase this one up, may make one have to run very fast. Bo
[This message has been edited by Bo14172 (edited March 04, 2004).]
Posted by sircruz68 on :
She is Rolling again this morning!!
+10.29%
Posted by VNGNTN1 on :
Anyone have an explanation on steady climb? Seems to good for just the PR a couple weeks ago. VAN
Posted by dog-n-pony-show on :
NAKED SHORTS COMING TO THEIR APPOINTMENT WITH DESTINY= FRAUD FOOLS DAY APRIL 1ST...AND GETTING CAUGHT WITH THEIR SHORTS DOWN IN THE UP MO-MENTUM! PLUS LEGIT MM'S AND BROKERS AND PR/IR FIRMS ROLLING IN TO REPLACE AND DISPLACE AND DIS-GRACE THE CROOKS/CONS AND CANUCKS!
GO BLYC! STRONG SUPPORTERS OF LEGIT AND LOGIC ARE CATCHING ON TO WHAT WE HAVE HERE...
AND MORE BUYERS THAN SELLERS...NEW ALLIANCE GROUPS MEMBERS/SUBSCRIBIERS AND OTHER RECENT DEALS MIGHT ACTUALLY BE AWAKE ENOUGH TO KNOW ITS TIME TO BUY!
JUST MY OPINION...BUT LOGICAL AND LEGIT ONE!
quote:Originally posted by VNGNTN1: Anyone have an explanation on steady climb? Seems to good for just the PR a couple weeks ago. VAN
Posted by Bo14172 on :
Van, The best way for me to answer your question, is to suggest you take 1 to 2 hours of your time and do the following: Read through their site, bentleycompanies.com. Focus on their news section, which is excellent for an understand of their business model and how they successfully developed and implemented it. Then read through the posts in this topic for additional perspective. This should answer why the stock price is just beginning to reflect the results from proper planning, and entering a limitless market. And as their growth expands, the stock will continue to be an opportunity at any price. Bo
[This message has been edited by Bo14172 (edited March 05, 2004).]
Posted by VNGNTN1 on :
BO Iv'e been on the board awhile and read all this detail, my question is relative more why this particular stock has shown an aggressive movement against all the other stocks I own. Not complaining ,but sometimes when you ask a leading question additional facts show up. This is the great benefit of this board. Please notice I started the thread and was involved long before. VAN
[This message has been edited by VNGNTN1 (edited March 05, 2004).]
Posted by TradeWarrior on :
Hello, I just started buying some Friday. I might be chasing this one but the story on Bentley looks pretty compelling. I am also new here at allstocks. I have 25 years experience trading stocks, but mostly on nasdaq listed stocks. This week I just started following and researching the otc bb market. Other positions i took are lgov, advc, qtig
Posted by mizzou7 on :
Anyone with any thoughts for this coming week? in regards to BLYC...
Posted by stockguyDD on :
slight retracement on monday..... i hope it retraces.. it will be the healthy thing 2 do after a 250% runup.. this is a great stock.. arguably the best penny stock... i sold all my position at .08 on friday and hope to get back in at the mid 6 level.. JMO .. good luck
Posted by dog-n-pony-show on :
FROM RECENT MEMBER E-MAIL BLYC:
"Bentley Crump Barter powers the barter industry to trade online in a world class marketplace.
Use our state of the art software to manage your trading through our 180 member exchange network.
List your trade offers without worrying about the cost to trade.
Huge Deals Closed to Enhance Your Business...
During the past few weeks we have been burning the midnight oil to put great deals together that will help your business. The last three strategic alliances are absolutely fabulous and will truly benefit all exchanges and their members that trade on our network. Bentley Hospitality Exchange Welcome to our newest partner - Ken Gasper. Ken has worked diligentley over the past six months to develop his hospitality exchange featuring over 230 hotels and B&B's throughout the USA, Canada, Mexico and a few European countries.
Bentley Commerce recentley struck a deal with Ken to purchase part of his company so that we could move its operations over to Bentley's on-line software platform. All 230 properties are now listed and available for booking using your trade account with Bentley Crump Barter!
In the next several weeks we will also be welcoming a new broker at our Nashua, NH office (to be announced shortly) who will be brokering the hotel accounts and handling all reservations for the Hospitality Exchange properties.
There will be no additional fees to exchanges to place bookings and no fees for this reservation service.
We are extremely pleased to be able to offer these properties to our affiliate exchanges and their members.
Additionally, plans are in place to expand the hotel network to 500 properties by the end of the year!
To view the newswire press release click here.
Hotel Resource - www.hotelresource.com Just yesterday we closed what we intend to be a spectacular beginning to the future of barter. Bentley Commerce has launched two online barter exchanges for the 39,000 hotel and restaurant industry subscribers of the Ozean Group, the premier online resource for hotel and hospitality suppliers.
We received an inquiry from the Ozean Group requesting information on how they could introduce barter to their 39,000 paid newsletter subscribers and their web site visitors that total over 1,000,000 hits per month.
Within a matter of days we created a custom branded experience for The Ozean Group's initiative into the barter arena. Learning from past on-line exchanges, we realize that these clients must be brokered so as part of the initiative, Bentley will be managing the exchange for Ozean.
Look for many more exchanges in other industries such as furniture manufacturing, movie production, telecomm coming soon.
To view this newswire press release click here.
Moving Forward There are thousands of associations, unique communities and other vertical markets where barter and trade can be introduced representing millions of potential clients. In utilizing the vBarter local branded and customizable technology, members of your trade exchange can view the products and services from all other exchanges all branded with your logo and local content.
Thanks to Bruce Kamm, Bentley's CEO, we have the most advanced trading system in the world. Bentley has budgeted an additional quarter million dollars to be invested over the coming year to enhance the software with even more features and functionality
Look for voice authorizations in a couple of weeks, and swipe card transaction technology coming very soon. This very important initiative will bring collaborative trading to all members of all participating exchanges, as your members will carry your branded trade debit card that they will use to purchase from members throughout the world.
This is all in the works and scheduled to launch beginning of 3rd quarter 2004.
If you haven't been online lately, log on Bentley Crump Barter.and enter your user name and password.
Canadian exchanges click here to go to Bentley Canada.
All exchanges have on-line accounts and are enabled to post items for sale, buy and sell products, change user information, or just browse the site. "
GO BLYC!
Posted by mizzou7 on :
Bentley Commerce to Implement One Debit Swipe Card for Both Barter and Cash Purchases and Provide Postings by Phone for Its Alliance Exchange's 50,000 Members
LOS ANGELES--(BUSINESS WIRE)--March 9, 2004-- Bentley Crump Barter Network Eliminates Interexchange Fees to Encourage More Trading Between Exchanges
Bentley Commerce Corporation (OTCBB:BLYC) has entered into an exclusive strategic alliance with Morgan Beaumont, one of the country's premier providers of stored value cards and interactive voice response solutions, to provide Bentley Commerce's network of 180 trade exchanges and their 50,000 trading members with debit cards, stored value cards, telephone transactions and member search capabilities.
"This is a major step in providing a universal transaction platform," said Bruce Kamm, Bentley Commerce's CEO. "Barter exchanges that participate in our Global Trade Alliance, and their members, will have a single debit card that will process both barter and cash transactions at the point of sale. Members of a participating exchange will be able to use their debit cards to make purchases from members of other participating exchanges throughout the world. This will break down barriers to trade. We envision Bentley Commerce becoming the barter equivalent to NYCE, Cirrus, Plus and other cash interexchange networks for the universe of companies participating in barter and trade through the Bentley Crump Barter Network of alliance exchanges."
Morgan Beaumont will develop and implement a multi-phase launch of real time transaction processing technology for Bentley, which will include voice authorizations, account balances, debit card trade purchasing branded with logos of participating exchanges, and stored value barter cards that exchanges will be able to use instead of printing restaurant scrip. In addition, the card can be used for gifts, employee rewards, sales incentives and giveaways. A future enhancement will add cash transaction capability.
The new Bentley Commerce Card will enable its exchanges and their members to process transactions using a Verifone card terminal. For members that do not have a terminal, transactions can be processed using a touch tone phone, with one toll-free phone number to call, 24/7, for purchase authorizations and transaction postings in the U.S. and Canada. Initially members will be able to process transactions, get account balances, and later on, search for hotels and restaurants by area code.
The Interactive Voice Response systems will allow members to access their account information from any telephone. Using Text to Speech and Speech Recognition technology, Bentley Commerce will provide complete voice access to member and account information. Other voice information capabilities will be added to the features available to participating members.
In Other News:
To accelerate trading between different exchanges in the Bentley Crump Barter Network, interexchange fees paid by exchanges to trade with other exchanges has been eliminated. This does not affect transaction fees paid to Bentley Commerce by exchanges for use of its VirtualBarter software and exchange management system. In fact, the company believes that transaction fees should increase due to increased trade between exchanges from new trade offers and opportunities.
About Bentley Commerce Corporation:
Bentley Commerce 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. 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.
About Morgan Beaumont:
Morgan Beaumont, Inc., is a private global technology solutions company that is one of the premier providers of Stored Value Card Solutions and technology in the United States. The Company develops, hosts and supports ATM/Debit cards, Stored Value MasterCard cards, private network programs, and a national loading platform in conjunction with Typhoon Voice Technologies, a Morgan Beaumont company. The company's Active Manager Voice Information Server offers state of the art Interactive Voice Response technology in an easy to use platform for virtually all telephony switching equipment available today. The Web based system provides read and write functions with either telephone or web based access to information in real-time.
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.
Posted by speed on :
Well people I guessed wrong last time, so I'm back in this morning at 0.073, but I shure anticipated more volume this morning with news.
Posted by brandwilliams on :
I keep thinking there will be news out about February's revenue results. They released Janurary's revenue on Feb. 2 Still thinking they should have released Feb's results by now....Still very bullish on this one
Brandon
Posted by dog-n-pony-show on :
March 9, 2004 Barternews dot com "=Tuesday Report" Written by Bob Meyer, Editor of BarterNews
We Want You To Know...When you sign up to receive the FREE weekly Tuesday Report announcement your e-mail address will never be sold, traded, or given to another party.
Bentley Commerce Forms Strategic Alliance With Hotel & Travel Industry Online Resource
Bentley Commerce Corporation (OTCBB:BLYC) has announced a new business alliance with the Ozean Group (hotelresource.dot-com), a business to business network under the Hotel Resource umbrella that was launched in 1998. The network has grown to include an industry news wire service and other online products for the hotel, hospitality, and travel industries. Consumer Network was launched with Hotel Insider, an online hotel booking service with a database of 50,000 hotels.
Bentley Commerce (bentleycommerce dot com) has launched two online barter exchanges, hotelresource.vbarter.(dot com) and restaurantresource.vbarter.(dot-com), for the 39,000 hotel and restaurant industry subscribers of Ozean's publications.
Ozean will provide marketing and promotion for the new barter exchanges on its web sites that reportedly receive millions of visits annually, and in its industry subscription newsletters and publications. The company will add trading information to its web sites to educate hotel and restaurant owners/managers, as well as vendors and suppliers to these industries, about the benefits of barter.
This is another that I got in the beginning of this week. Have I missed out on BLYC or should I expect to see it move anytime soon? Hold... and for how long? Thanks guys, Brandon
Posted by brandwilliams on :
What was your ask price? and how many shares? that info would help
bw
Posted by Just Learning on :
Well, I'm only a 20 year old college student. I only bought about 2000 shares when it was .064. I'm starting to wish i never did! Brandon
Posted by brandwilliams on :
In your situation with very little money on the stock. I would just leave it alone. I believe with a little patience you will do fine. If you had quite a bit of more money in it, I would consider taking my small profit and buyback in. It ran quite a bit, typically these stocks will regress back. With BLYC.OB pr's are kept up to date and there will be another run coming.
bw
Posted by mizzou7 on :
Will we run tomorrow?
Posted by mizzou7 on :
Guess Not...
Posted by WWJD-thru-me on :
I for one am very happy for this retracement. I want to buy more and hate chasing a stock up. I don't know where the best buy price is but mid .06 is good and anything lower is great. This appears to be the real McCoy, a penny stock that will have recurring revenues, incredible growth and will let you sleep at night. IMO, DD + GLTA
Posted by mistikal07 on :
I'm waiting for a Spinning Top before my entry. GLTA. Some support at .06 and a rock of Gibralter at .05. The 2 month daily chart looks like it's beginning to trend. GO BLYC!
Posted by dog-n-pony-show on :
YO TECH CHART MAESTROS, WHAT THE HECK IS A "SPINNING TOP"? ...IS IT LIKE A YO-YO OR WHAT?
I ASSUME ITS SOME SORT OF CONFIGURATION/FORMATION IN CHART OF STOCK...BUT WHAT DOES IT ENTAIL AND INDICATE? AND WHERTE CAN I FIND THE DD INFO ON THIS?
THANKS!
DOG-PONY
quote:Originally posted by mistikal07: I'm waiting for a Spinning Top before my entry. GLTA. Some support at .06 and a rock of Gibralter at .05. The 2 month daily chart looks like it's beginning to trend. GO BLYC!
Posted by VNGNTN1 on :
EVERYONE Started the thread and yesterday took a nice profit. Held onto 1k shares with a cost of $-1.128. VAN
Posted by Sapper on :
nice work I was cashless for this one felt it was too late to jump in and skipped the thread till now!
Keep it up!
Keith
Posted by mizzou7 on :
Sapper, could you explain this chart? charts are something I just can't figure out...
Posted by Sapper on :
IMHO, we got support at 10 MA and trading in the upper part of BB, RSI is over 50. But I am not Pro at TA yet, still learning and improving like evrybody else. I do my own DD and if things go well I am glad if not there is noone alse to blame just myself.... http://bigcharts.marketwatch.com/javachart/javachart.asp?symb=ththf&time=&freq= Also DMI+ is over DMI-, ADX over 30 what is a sign of uptrend. FTS
Posted by sully on :
Updated: 06:20 AM EST Bentley Commerce Launches Global Broker Network to Channel Business to its Corporate Trade Group
LOS ANGELES--(BUSINESS WIRE)--03/16/2004--Bentley Commerce Corporation (OTCBB:BLYC) the leader in online barter and trade, has appointed the first eight Corporate Trade Brokers in what it plans to be a worldwide network of independent brokers channeling potential transactions to its Corporate Trade Group. Corporate trade, an estimated annual $60 billion market, enables businesses to sell excess inventory or capacity at full value instead of at significantly lower liquidation prices.
"The worldwide independent broker network we are building will be the core to the success of our Corporate Trade Group," said Bruce Kamm, Bentley's CEO and head of its corporate trade activities. "We are recruiting business professionals who already have a wide sphere of influence and contacts in their respective fields. They have established relationships within the industries and communities we want to serve. We will equip them to recognize and assist companies that can materially benefit by trading their excess inventory and capacity at full value, rather than liquidating it for a fraction of its value or watch it merely devalue with time."
Bentley Commerce's first eight brokers have a broad range of business experience and contacts within industries that include: hardware and housewares; hotel, resort and hospitality; international manufacturing in Europe; healthcare, including pharmaceuticals and medical equipment; national and international real estate markets, including development, management and finance. Bentley expects to have between 40 or 50 brokers covering many industries and geographic areas by year's end.
Active business professionals such as attorneys, accountants, and insurers, as well as financial services companies and sales professionals are excellent candidates to become brokers for lucrative corporate trade transactions. It is especially attractive to independent business professionals or organizations, since it may enable them to double or triple their current annual income just by identifying several qualified potential transactions each year, while still focusing on their current profession.
Companies use cash equivalent trade credit earned from the sale of their excess inventory, production or capacity, to reduce their cash requirements in purchasing many of the products and services they need. This can include, but is not limited to: travel, printing, freight, warehouse materials, equipment, machinery, telecommunications (long distance, voice and data), media and advertising, etc. The purchase price for these items is at the same benchmark price that companies pay in an all cash transaction, but by utilizing current suppliers, vendors and the resources of the Industrial and Commercial Buying Consortium of Bentley's strategic partner, Intertrade Capital Group, the cash payment can be reduced through partial payment in trade.
Intertrade Capital Group works with Bentley's clients to promptly assist them to use the trade credits they receive. By consolidating these clients under the Intertrade purchasing umbrella, Intertrade is typically able to purchase many products and services with partial payment in cash equivalent trade credit, and at deeper discounts than any one client can individually receive. Bentley's clients can then pay the difference between Intertrade's lower cash cost for products and services, and the amount that they would typically pay, using their excess capacity, inventory, or non-performing assets.
Posted by dog-n-pony-show on :
like i said before rivate currencies are huge for branding and other power enhancements...and barter..all in one fell swoop! excerpt from Barternews Tuesday report:
EBay Uses Its "Currency" As Incentive & Enticement For Small Business Intersection
An eBay ad campaign aimed at small businesses, which began February 19 and runs through April 15, is titled "Dream Big!" At the center of the contest is a $50,000 business-shopping spree in the form of eBay Anything Points...the currency that can be spent on virtually anything on eBay.
To participate one must answer the question, "If I won $50,000, what would I buy on eBay to help my small business, and how would it make my business dreams come true?" The campaign promotes small businesses buying on eBay's main site as well as through www.ebaybusiness.com.
EBay is adding new services including equipment leasing and financing provided by Direct Capital, employment service through Monster.com, and integrated shipping through the U.S. Postal Service. Reportedly, eBay is finalizing a deal with a major partner to provide small business credit lines.
Question: Is the formation of an eBay trade exchange only a matter of time?
Posted by dog-n-pony-show on :
From todays Barternews Tuesday report:
Bentley Commerce Forms Alliance With Technology Solutions Company To Further Goal Of Providing Universal Transaction Platform For Barter Industry
Bentley Commerce Corporation (OTCBB:BLYC) has entered into an exclusive strategic alliance with Morgan Beaumont, a global provider of stored-value cards and interactive voice response solutions.
They will develop and implement a multi-phase launch of transaction processing for Bentley including voice authorizations, account balances, and debit-card trade purchases with logos of participating exchanges.
Additionally, stored-value barter cards will be developed that can be used by Bentley's network of trade exchanges and approximately 50,000 trading members. (A stored-value barter card could be used for gifts, employee rewards, sales incentives and giveaways.)
The new Bentley Commerce Card will enable its exchanges and their members to process transactions using a Verifone card terminal. For members without a terminal, transactions can be processed using a touch tone phone and a toll-free number, 24/7, in the U.S. and Canada.
Although members will initially be able to obtain purchase authorizations and account balances, in the future a search for hotels and restaurants on barter, by area code, is anticipated.
Bruce Kamm, Bentley's CEO (www.bentleycommerce.com), declared, "Trade exchanges that participate in our Global Trade Alliance, and their members, will have a single debit-card that will process both barter and cash transactions at the point of sale.
"The cards can be used to make purchases from members of other participating exchanges throughout the world. This will break down barriers to trading, and is a major step in providing a universal transaction platform."
Kamm envisions Bentley Commerce becoming the barter equivalent to NYCE, Cirrus, Plus, and other cash interexchange networks for the universe of companies participating in the Bentley Crump Barter network of alliance exchanges.
HAS EVERYONE DROPPED THIS ONE ? VAN
Posted by sully on :
Spoke to someone at Bentley today and said that last month's earnings should be out next week.Also mentioned they were very happy with them. Anyone else get a postcard today from Bentley, regarding the private placement at a discounted rate. Sully
Posted by stockguyDD on :
hey sully.... can u please forward me the mail about the Private Placement.. at o4foshodd@hotmail ... thanks alot
Posted by WWJD-thru-me on :
Still in this one with a small number of shares. If it looks like they are continuing their good start I will buy more. I got a little spooked by ebay starting to ramp up a barter section. There may be room for 2 and BLYC may even do a better job. I like ebay but they can be clumsy. If BLYC does it well enough maybe they will get a buy out offer. Ebay may have learned after ignoring Paypal til it cost more than $1B. Not sure of the exact price but I am fairly certain it was in the Billions. -Debi
Posted by VNGNTN1 on :
RSNWS Bump Last time VAN
Posted by mizzou7 on :
April 13, 2004 06:00 AM US Eastern Timezone
Seven More Barter Exchanges Join Bentley Commerce's Global Network and Use Its VirtualBarter Software, Including Industry Leader, Alliance Barter
LOS ANGELES--(BUSINESS WIRE)--April 13, 2004--Seven more exchanges, including 2,500 member Alliance Barter Inc. that serves both U.S. and Canadian companies, have joined the Bentley Commerce Corp. (OTCBB:BLYC) Internet-based global trade network over the past 30 days and are using its VirtualBarter trade exchange management system. This brings the total number of independent exchanges that have joined the Bentley Commerce Online Global Trade Marketplace, that began in January 2004, to 46; with the amount of items offered for trade over the Internet approaching half a billion dollars.
"We are delighted that Alliance Barter has chosen to affiliate with us and use our VirtualBarter software," said Bruce Kamm, Bentley Commerce CEO. "Their new online barter exchange located at www.alliancebarter.vbarter.com will enable Alliance Barter member companies to trade excess inventories, in addition to a wide range of their own products, for the products and services they need to operate their own businesses. Most important, members of Alliance Barter will be able to trade with a new base of buyers in Bentley Commerce's Global Trade Marketplace that already includes thousands of participating members and 226 hotel, resort and B&B properties on its Hospitality Exchange."
Bentley Commerce (www.bentleycommerce.com) is providing Alliance Barter (www.alliancebarter.com) with its VirtualBarter trade exchange management software and global trade marketplace. Bentley will also provide Alliance Barter with rewards based advertising and marketing programs for their members to generate new high profile branding opportunities on a trade basis. Alliance Barter will provide extensive new member marketing and promotion for its new online barter exchange on its website that annually receives thousands of visits and in its business newsletter.
Since January 2004, Bentley has launched online trade exchanges for a host of other barter and finance companies. These include companies that already own a barter exchange and want to enable their members to trade online, as well as barter exchange startups. In addition, companies in specialty business sectors such as financial services, food service and real estate have also launched exchanges using Bentley's VirtualBarter trading platform, to focus on trade in their respective core business areas.
About Alliance Barter Inc:
Founded in 1978 as Rochester Trade Exchange, it changed its name to Alliance Barter Inc. in June 2002. It now operates a combined barter network with offices in Rochester, Buffalo and Syracuse, NY, and its newest operation is in Toronto, Canada. While local offices primarily serve businesses based in New York, Northern Pennsylvania and Ontario, its National Accounts division extends the benefits of barter to companies around the world. Alliance Barter is flexible enough to bring the benefits of B2B barter from the smallest gift shop to substantial manufacturers with excess inventory.
About Bentley Commerce Corporation:
Bentley Commerce Corp. is a business-to-business, Internet e-commerce company that is establishing a new marketplace and distribution channel for worldwide barter and trade. Through the development of a seamlessly integrated family of online barter services, it envisions that most barter transactions can be handled over the Internet in real time, with its proprietary VirtualBarter software. Bentley intends to serve as a clearinghouse for barter trades for Fortune 500 trading partners, scores of existing retail barter exchanges that serve companies of all sizes, corporate barter companies that serve large multinational corporations, trade associations and their member companies, as well as media and travel agencies.
Posted by mad tony on :
I guess it's gonna be awhile before this gets back to the 6's
Posted by sully on :
Bentley Commerce to Launch Media Trade Marketplace with Cybertech Marketing Inc., and Secures Product Placements on its Televised USA Shopping Network
LOS ANGELES--(BUSINESS WIRE)--04/20/2004--Bentley Commerce Corporation (OTCBB:BLYC), the leader in online barter and trade, is launching a new media trade marketplace with Cybertech Marketing Inc., a primary media resource for network TV, cable TV and broadcast advertising time, television production services, and the producer of the U.S.A. Shopping Network. The strategic alliance will make millions of dollars of wholesale media available for barter to members of participating exchanges in Bentley Commerce's global trade network.
"Media is a prime spending category for members of barter exchanges," said Bruce Kamm, Bentley Commerce's CEO. "A company can significantly reduce its cost of advertising by offering its own excess inventory, capacity and products for barter, and then using the trade dollars it receives to obtain media, with the majority of the investment paid in trade. Cybertech Marketing's aggregated buying power will enable us to offer substantially more media at significantly reduced cost. This helps reduce media expenses for companies that are members of our affiliated exchanges, to sometimes as low as 15 cents on the dollar."
Cybertech Marketing will offer media, production, the U.S.A. Shopping Network and related services, at heavily discounted rates on a part cash, part trade basis, as well as media buying assistance, to companies that are members of the exchanges in Bentley Commerce's global trade network. Member companies will be able to purchase media in the new trade marketplace for typically less than if they purchased the same media or services, either directly or from other agencies or media companies.
In addition, Cybertech Marketing will provide a U.S.A. Shopping Network program segment that will highlight Bentley Commerce's products, services, and travel offers. Bentley Commerce (www.bentleycommerce.com) will provide Cybertech Marketing with a preferred position in its global trade marketplace websites to list media inventory and production services available for purchase by members of its affiliated exchanges.
In Other News:
Bruce Kamm, CEO of Bentley Commerce, WALL STREET REPORTER interview can be heard online at: http://www.******************.com/profiles/BentleyCommerce.html. The informative interview details Bentley Commerce's business model and focus for market dominance and long term growth.
About Cybertech Marketing Inc.:
Cybertech Marketing Inc. is a media and marketing corporation that has significant relationships with 41 national cable television networks, 254 affiliates & interconnects nationwide, as well as national television networks such as UPN, FOX and NBC. It offers "deep discounts" on media, typically saving clients 10% to 30% on their media investments, which is significantly lower than other marketing firms and advertising agencies. Cybertech Marketing also produces award-winning 30-second TV commercials and 30-minute infomercials. It has launched the U.S.A. Shopping Network, a full-service, television-shopping network that sells a multitude of products and services on a national basis.
Posted by VNGNTN1 on :
Sully I think this is good news. Does anyone know exactly what or how BLYC is conducting business? This PR indicates companys offering "excess" inventory. I am wondering how "barter" is working and how tax is paid. VAN
Posted by sully on :
Updated: 04:37 PM EDT Bentley Commerce Corporation to Acquire an Equity Interest in CollectAChek, Premier Check Collection and Cash Management Specialists
LOS ANGELES--(BUSINESS WIRE)--04/21/2004--Bentley Commerce Corp. (OTCBB:BLYC), the leader in online trade and barter, has agreed to purchase a 20% equity interest in 1210 N. Congress Corporation DBA, CollectAChek, (www.collectachek.com), a cash flow management company that pioneered free NSF (Non Sufficient Funds) check recovery services for businesses, in an exchange of stock.
When banking regulations changed three years ago, CollectAChek, developed a system to recover 100% of the face value of NSF consumer checks, up to $2,500, at no cost to businesses. CollectAChek recovers bounced checks electronically for merchants by debiting NSF writers' bank accounts for the full face value of the check, together with a state-authorized fee it receives. In addition to getting back the full value of NSF checks that are collected, this often allows merchants to accept consumer checks without a costly guarantee service or expensive collection agencies.
CollectAChek recovers checks for a wide range of businesses that include: Discount Tire, Meineke Car Care Centers, Goodwill Industries, Subway, Fantastic Sams, Supercuts, Le Gourmet Chef, Kelly-Moore Paints, Boys & Girls Clubs of America, and Jackson Hewitt Tax Services. CollectAChek's electronic system of re-presentment of NSF checks is faster, avoids paying second bounce fees and typically recovers about 70% of NSF checks, which is about twice as many as traditional methods -- and is a FREE service.
In addition to recovering NSF consumer checks for free, NSF business-to-business checks for an unlimited amount can also be recovered by CollectAChek for 10% of the face amount of the check plus the state allowed fee. This is considerably less than the fees typically charged by traditional commercial collection agencies. Third party checks, which are usually payroll checks that merchants accept, can be recovered in a similar manner.
"CollectAChek is the perfect adjunct to the business services we are offering," said Gordon Lee, Bentley Commerce's Chairman. "By acquiring an equity interest in CollectAChek, we will have a great incentive to promote its NSF recovery services to the estimated 50,000 companies that trade through the exchanges on our Bentley Crump Barter Network, and offer CollectAChek's comprehensive range of other valuable ancillary cash management services throughout our business network."
Bentley Commerce is acquiring its equity in CollectaChek with an exchange of stock with two of CollectAChek's founders. Robert Schumacher, president of Bentley Commerce Corporation, one of the founders of CollectAChek, is exchanging his 10% interest in CollectAChek for Bentley Commerce Corporation shares.
Services Bentley will offer with CollectAChek include:
-- FREE Recovery of NSF Checks -- electronic re-presentment of NSF checks is faster, avoids paying second bounce fees and returns a higher recovery rate for merchants than traditional methods -- and is a FREE service.
-- Check Verification -- By using a check-reading device at the point of sale, businesses will know within seconds if they should accept a customer's check or ask for a different form of payment.
-- Consolidated Returns -- For merchants who experience a high volume of returned checks per month, their NSF checks can be consolidated into one account. This can reduce or even eliminate bank fees for returned checks, and significantly increase the recovery rate for NSF checks.
-- Check Guarantee -- Checks are a popular form of payment and are the preferred non-cash payment method at the retail point-of-sale. A check guarantee service provides a simple and economical way to increase revenue at a place of business by accepting checks.
-- Point of Purchase (POP) Checks -- With POP Checks, the cashier runs a check through the same verification process and uses the customer's bank information to debit their account electronically. Customers sign a credit card-like receipt authorizing the electronic debit to their accounts. Since the check is no longer needed, the merchant returns it to the customer along with the receipt.
-- Debit Card Services -- Businesses that accept debit cards enjoy reduced fees compared with other card payment options, guaranteed payment of funds (no returned checks), higher margin sales and increased impulse sales, cash-back option, and payment of funds to the merchant-designated financial institution usually within 24 hours.
-- Repetitive Payments (ACH) -- Automatic processing for receivables and payables, through the Automated Clearing House (ACH) Network, places a business in complete control of its cash flow. Monthly or periodic payments improve cash flow, reduce costs and enhance customer service.
-- Accounts Receivable Conversion (ARC) -- Merchants who receive a high-volume of checks, either by mail or at the point of sale, will be able to convert them into electronic checks through CollectAChek's software and services. This is considerably faster than processing paper checks that must be physically handled. It reduces banking fees, as well as speeds up the time in which the merchant receives their funds.
About Bentley Commerce Corporation:
Bentley Commerce Corp. is a business-to-business, Internet e-commerce company that is establishing a new marketplace and distribution channel for worldwide barter and trade. Through the development of a seamlessly integrated family of online barter services, it envisions that most barter transactions can be handled over the Internet in real time, with its proprietary VirtualBarter software. Bentley intends to serve as a clearinghouse for barter trades for Fortune 500 trading partners, scores of existing retail barter exchanges that serve companies of all sizes, corporate barter companies that serve large multinational corporations, trade associations and their member companies, as well as media and travel agencies.
Posted by brandwilliams on :
I liked BLYC a while back and it still may be an awesome stock one day. But that buying of condos in Florida? I just cant figure that one out.
Bentley Commerce Setting Records in the Online Global Barter and Trade Marketplace Friday April 23, 7:29 pm ET In Just Four Months, 50 Independent Exchanges with Over 10,000 Members Join Bentley Commerce's Online Global Trade Network and Offer a Total of $454 Million in Products and Services For Trade
LOS ANGELES--(BUSINESS WIRE)--April 23, 2004-- In less than four months since it became an operating company, Bentley Commerce Corp. (OTCBB:BLYC - News) has become the leader in online barter and trade with $454 million in products and services already offered for barter through the trade exchanges, comprised of over 10,000 companies that trade through them, powered by its VirtualBarter software. "Our business model is proving to be the correct formula for the barter industry, Said Bruce Kamm, CEO of Bentley Commerce (www.bentleycommerce.com). "We believe that it will enable the barter industry to gain wide acceptance as the alternative payment solution for business owners."
"The ability for a company to use their own excess capacity, production or inventory to make purchases, is not a new concept," continued Mr. Kamm. "However, being able to trade online, in real-time, seamlessly with tens of thousands of other businesses in different cities and countries, who are members of different exchanges and trade economies, using a variety of foreign currencies and speaking different languages, and have their trade, as well as their cash transaction fee settled instantaneously, are remarkable attainments we are accomplishing that will ultimately help break down barriers to trading on a global scale."
Examples of some of the milestones Bentley Commerce has attained during the past months includes:
Bentley Commerce completes licensing agreement with Crump Barter and its 180 trade exchanges with over 50,000 businesses Bentley Commerce completes licensing agreement with Virtual Barter and launches world class trading software throughout the industry Bentley Commerce closes agreement with highly regarded industry expert Bruce Kamm, who is elected CEO and appointed to the board of directors Bentley Commerce closes its first multimillion-dollar corporate trade contract and acquires $5,000,000 in resort condos and suites Bentley Commerce launches first "Enterprise Exchange" for an industry trade group, with The Ozean Group, leading Resort and Restaurant Online publishers Bentley Commerce creates a strategic alliance with Morgan Beaumont for a global network that enables businesses to post barter transactions at the point of sale, either by phone or swipe cards. Bentley Commerce announces the start of its global broker network to act as finders for lucrative corporate trade transactions Bentley Commerce launches second Enterprise Exchange with The Minority Business Network Bentley Commerce closes a contract to acquire $2,500,000 in resort condos at a Caribbean resort with trade credit Bentley Commerce launches the Asian Pacific Enterprise Exchange with The Pacific Rim Chamber of Commerce Bentley Commerce launches Media Trade Marketplace with Cybertech Marketing, Inc. and secures product placements on its televised USA Shopping Network Bentley Commerce acquires equity stake in CollectAChek, premier check collection and cash management specialists. 50 Independent Trade Exchanges with over 10,000 companies affiliate with Bentley Commerce and use its VirtualBarter software $454 million in products and services are offered on the Internet in Bentley Commerce's Global Trade Marketplace. "Many of Bentley Commerce's accomplishments are firsts in the barter industry," concluded Mr. Kamm. "We expect the activity and excitement to continue to drive exponential growth in the coming months. As exchanges join our network and make it more efficient for their business owners to trade, so to will the trade volume, velocity and therefore the fees generated increase accordingly."
About Bentley Commerce Corporation:
Bentley Commerce 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. Through the development of a seamlessly integrated family of online barter services, it envisions that most barter transactions can be handled over the Internet in real time, with its proprietary VirtualBarter software. Bentley intends to serve as a clearinghouse for barter trades for fortune 500 trading partners, scores of existing retail barter exchanges that serve companies of all sizes, corporate barter companies that serve large multinational corporations, trade associations and their member companies, as well as media and travel agencies.
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: Bentley Commerce Corporation Bruce Kamm, 646-825-9001 bkamm@bentleycommerce.com www.bentleycommerce.com
Same news Didn't notice until after the fact! SORRY!
[This message has been edited by SmokingUSA (edited April 23, 2004).]
Posted by SmokingUSA on :
Recent Alliances Will Provide Bentley's Trade Exchange via CDS
May 10, 2004
Network and Their Members with New Trade Opportunities
including Global Long Distance Phone Calling and Millions of
Dollars of National and Regional Media
In just four months since it became an operating company, Bentley Commerce Corp. (OTCBB:BLYC) has already become the leader in Internet-based barter and trade. Part of its success can be attributed to attracting trading partners, several who were never before involved in the barter industry, that offer high demand products and services on barter to the tens of thousands of companies that trade through the growing number of exchanges that are part of Bentley's Global Trade Alliance.
'A key component of our strategy is to attract a wide array of trading partners and teach them about the benefits of barter,'said Bruce Kamm, Bentley Commerce's CEO (www.bentleycommerce.com). 'Many of our new trading partners have never been involved in the barter industry, but now see how barter can positively influence their business because of the huge upside potential. We believe that trading opportunities outside of the traditional barter industry coupled with existing and newly developing trade exchanges and their members will create exponential trade opportunities and increased revenues for these businesses, for the online exchanges participating in the Bentley Global Trade Alliance and for Bentley Commerce.'
One example is a telecommunications company that is launching their business flat rate global long distance service worldwide by marketing to Bentley Commerce's tens of thousands of participating businesses in its Global Trade Marketplace. 'For example, if only 2,500 trade exchange members subscribe to the $129-per-month service, it could ultimately generate about $3.6 million per year in trade revenues to the seller, new trade spending opportunities for exchanges, over $360,000 in transaction fees to exchanges and $220,000 in annual cash revenues to Bentley,'said Mr. Kamm. 'The telecom company will be able to use the trade dollars it receives from sales, which is a newly found source of revenue, to offset cash expenses in marketing and launching its new technology throughout the world.'
Another example is Cybertech Marketing, a new Bentley Commerce trading partner that is now loading $8.5 million in media buying opportunities into Bentley's Global Trade Marketplace. 'We are providing Cybertech Marketing with a new distribution channel for new sales to new customers,'continued Mr. Kamm. 'We believe that this strategic alliance may ultimately provide about $6 million in annual media sales, new trade spending opportunities for exchanges, over $600,000 in potential annual transaction fees to exchanges, and approximately $650,000 in annual cash and trade revenues to Bentley. Most important, media provides a high demand trade opportunity to our member exchanges, which their member companies can purchase with trade dollars in their local exchange.
'Bringing online trading technology to businesses that typically haven't traded before delivers new distribution, sales and rewards to all participating parties,'concluded Mr. Kamm. 'We expect these and other trade opportunities and trading activity to continue to drive exponential growth in the coming months. As large companies in various business sectors such as media, telecom, manufacturing and finance in addition to global non-profit charities, join our network and we make it more efficient for them and their participants to trade, so to will the trade volume, velocity and fees generated increase accordingly.'
About Bentley Commerce Corporation
Bentley Commerce Corp. is a business-to-business, Internet e-commerce company that is establishing a new marketplace and distribution channel for worldwide barter and trade. Through the development of a seamlessly integrated family of online barter services, it envisions that most barter transactions can be handled over the Internet in real time, with its proprietary VirtualBarter software. Bentley intends to serve as a clearinghouse for barter trades for fortune 500 trading partners, scores of existing retail barter exchanges that serve companies of all sizes, corporate barter companies that serve large multinational corporations, trade associations and their member companies, as well as media and travel agencies.
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.
Smoking, Any idea when this was released today? Hopefully after the bell?
Posted by keithsan on :
spotted it about 10 mins after the bell
Posted by SmokingUSA on :
Here is what was on the email alert, but I didn't get it until after the bell.
From : First Alert News <FirstAlertNews@stockgroupmail.com> Sent : Monday, May 10, 2004 9:03 PM To : SmokingUSA@hotmail.com Subject : BLYC : SmallCapCenter.com First Alert News
| | Trash Can | Inbox BLYC First Alert News Brought To You By: 5/10/04 1:54:30 PM Recent Alliances Will Provide Bentley's Trade Exchange
Posted by SmokingUSA on :
They are pushing the news NOW!
5/10/04 6:44:00 PM Bentley Commerce Driving New Revenue-Generating Opportunities to its Global Trade Marketplace
Bentley Commerce Driving New Revenue-Generating Opportunities to its Global Trade Marketplace via COMTEX
May 10, 2004
LOS ANGELES, May 10, 2004 (BUSINESS WIRE) --
Bentley Commerce Corp. (OTCBB:BLYC):
-- Recent Alliances Will Provide Bentley's Trade Exchange Network and Their Members with New Trade Opportunities including Global Long Distance Phone Calling and Millions of Dollars of National and Regional Media
In just four months since it became an operating company, Bentley Commerce Corp. (OTCBB:BLYC) has already become the leader in Internet-based barter and trade. Part of its success can be attributed to attracting trading partners, several who were never before involved in the barter industry, that offer high demand products and services on barter to the tens of thousands of companies that trade through the growing number of exchanges that are part of Bentley's Global Trade Alliance.
'A key component of our strategy is to attract a wide array of trading partners and teach them about the benefits of barter,'said Bruce Kamm, Bentley Commerce's CEO (www.bentleycommerce.com). 'Many of our new trading partners have never been involved in the barter industry, but now see how barter can positively influence their business because of the huge upside potential. We believe that trading opportunities outside of the traditional barter industry coupled with existing and newly developing trade exchanges and their members will create exponential trade opportunities and increased revenues for these businesses, for the online exchanges participating in the Bentley Global Trade Alliance and for Bentley Commerce.'
One example is a telecommunications company that is launching their business flat rate global long distance service worldwide by marketing to Bentley Commerce's tens of thousands of participating businesses in its Global Trade Marketplace. 'For example, if only 2,500 trade exchange members subscribe to the $129-per-month service, it could ultimately generate about $3.6 million per year in trade revenues to the seller, new trade spending opportunities for exchanges, over $360,000 in transaction fees to exchanges and $220,000 in annual cash revenues to Bentley,'said Mr. Kamm. 'The telecom company will be able to use the trade dollars it receives from sales, which is a newly found source of revenue, to offset cash expenses in marketing and launching its new technology throughout the world.'
Another example is Cybertech Marketing, a new Bentley Commerce trading partner that is now loading $8.5 million in media buying opportunities into Bentley's Global Trade Marketplace. 'We are providing Cybertech Marketing with a new distribution channel for new sales to new customers,'continued Mr. Kamm. 'We believe that this strategic alliance may ultimately provide about $6 million in annual media sales, new trade spending opportunities for exchanges, over $600,000 in potential annual transaction fees to exchanges, and approximately $650,000 in annual cash and trade revenues to Bentley. Most important, media provides a high demand trade opportunity to our member exchanges, which their member companies can purchase with trade dollars in their local exchange.
'Bringing online trading technology to businesses that typically haven't traded before delivers new distribution, sales and rewards to all participating parties,'concluded Mr. Kamm. 'We expect these and other trade opportunities and trading activity to continue to drive exponential growth in the coming months. As large companies in various business sectors such as media, telecom, manufacturing and finance in addition to global non-profit charities, join our network and we make it more efficient for them and their participants to trade, so to will the trade volume, velocity and fees generated increase accordingly.'
About Bentley Commerce Corporation
Bentley Commerce Corp. is a business-to-business, Internet e-commerce company that is establishing a new marketplace and distribution channel for worldwide barter and trade. Through the development of a seamlessly integrated family of online barter services, it envisions that most barter transactions can be handled over the Internet in real time, with its proprietary VirtualBarter software. Bentley intends to serve as a clearinghouse for barter trades for fortune 500 trading partners, scores of existing retail barter exchanges that serve companies of all sizes, corporate barter companies that serve large multinational corporations, trade associations and their member companies, as well as media and travel agencies.
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 Corp.
Bentley Commerce Corporation Bruce Kamm, 646-825-9001 bkamm@bentleycommerce.com www.bentleycommerce.com
Customize your Business Wire news &multimedia to match your needs. Get breaking news from companies and organizations worldwide. Logon for FREE today at www.BusinessWire.com. Copyright (C) 2004 Business Wire. All rights reserved.
[This message has been edited by SmokingUSA (edited May 10, 2004).]
Posted by penny_stock on :
Any speculation, This baby might go up?
quote:Originally posted by SmokingUSA: Here is what was on the email alert, but I didn't get it until after the bell.
From : First Alert News <FirstAlertNews@stockgroupmail.com> Sent : Monday, May 10, 2004 9:03 PM To : SmokingUSA@hotmail.com Subject : BLYC : SmallCapCenter.com First Alert News
| | Trash Can | Inbox BLYC First Alert News Brought To You By: 5/10/04 1:54:30 PM Recent Alliances Will Provide Bentley's Trade Exchange
Posted by Upside on :
This is alright! Could have some rested running legs in the morning!
Posted by Upside on :
Hmm, guess not.
Posted by FFSHEP on :
Should I be worried
Posted by brandwilliams on :
I would be careful here. Everything sounds good, and I made money on this stock a couple months ago. It ran from .02 something to over 6 cents. I have quit watching them for a while. I have asked if anyone can explain why an internet barter network would buy condos in florida, and give me a better reason than scratching backs of their business partners. Wal-Mart doesnt sell cars, nor does Coca-Cola sell general merchandise. Stick to what you do well. I just cant figure out why invest in condos? Especially for a small BB stock. A rich large cap company with their private jets and such I could figure but not BLYC. Just a thought or two I have had.
Brandon
Posted by Upside on :
But you're right brand. I can't figure that one out either.
Posted by brandwilliams on :
Upside,
They make me feel like they are a venture capitalist busines. Long distance calling, condos, nothing wrong with making money but still do what you do best. What do you think Upside.
Brandon
Posted by Upside on :
I agree, you have to have a focus. I've been in this since January and I still have confidence in them. They're supposed to be coming out with their 10Q pretty soon and that might tell us something. You have to admit, it is a unique business model and if they play it right, they could be a phenomenal success. That being said, I'll probably bail out at .07 or so (which I think they will hit soon) and wait for a pullback.
Posted by WWJD-thru-me on :
Brandwilliams wrote: would be careful here. Everything sounds good, and I made money on this stock a couple months ago. It ran from .02 something to over 6 cents. I have quit watching them for a while. I have asked if anyone can explain why an internet barter network would buy condos in florida --------------------------------------------- First I want to say I agree about being careful here but for a different reason. I can see an online barter business owning condos in FL. They can rent them, sell them, and exchange their use for anything they need. That is the beauty of barter. They are demonstrating the principle. I own this stock, I would be be careful about buying more shares. I aim to try to time my purchase to when selling pressure is over. The share price has been steadily declining. When it has clearly turned for the better would be a good time to buy. I am watching for a good entry. If they have good numbers come out with an accurate share count, then I would buy and even chase the price up. DD-IMO-GLTA-Debi
Posted by Upside on :
quote:First I want to say I agree about being careful here but for a different reason. I can see an online barter business owning condos in FL. They can rent them, sell them, and exchange their use for anything they need. That is the beauty of barter. They are demonstrating the principle. I own this stock, I would be be careful about buying more shares. I aim to try to time my purchase to when selling pressure is over. The share price has been steadily declining. When it has clearly turned for the better would be a good time to buy. I am watching for a good entry. If they have good numbers come out with an accurate share count, then I would buy and even chase the price up. DD-IMO-GLTA-Debi
Good points Debi. I hope you're right and that is their intent, to use them in their barter exchange.
Posted by brandwilliams on :
I hope your investments pay well, I will be keeping an eye on BLYC. Asking in the sincerest tone, tell me why you think Condos are a good investment for an online barter exchange. They are basically a broker of consumer goods. Can't imagine Ebay buying condos, not trying to compare but there is a similarity here. Also I am not saying selling long distance isn't profitable but (shaking my head) why? If the barter network isn't profitable enough to grow a business then consideration should certainly be thought about here.
Brandon
Posted by Upside on :
quote:I hope your investments pay well, I will be keeping an eye on BLYC. Asking in the sincerest tone, tell me why you think Condos are a good investment for an online barter exchange.
Maybe they could use them like a time share? Barter off weeks as the need arises? I know it's a bit of a stretch but if I had a vacation planned in Florida and I knew I could score a week at a condo by trading away something I didn't need anymore, I'd jump on it.
Posted by WWJD-thru-me on :
I am posting excerpts from 2 of their press releases I found at nqb.com. I think if you read this carefully it will explain the reasons they have acquired these and they seem to be both valid and well thought out. Condo Rrentals is big business. Just log onto ebay and see how many vacation rentals are available. But you need cash for ebay. With Barter you only need something to exchange, goods or services. I still like BLYC and plan to buy more shares when the selling pressure is clearly over. DD-IMO-GLTA-Debi _____________________________________________ Company News and Press Releases From Other Sources:
Bentley Commerce to Acquire $2.5 Million in Resort Condos in Exchange for Trade Credit to Complete a Caribbean Resort Hotel
LOS ANGELES, Mar 31, 2004 (BUSINESS WIRE) -- Bentley Commerce Corporation's (OTCBB:BLYC) Corporate Trade Group will provide $2.5 million in cash equivalent trade credit funding to a Caribbean resort in exchange for an equal amount of resort condos and suites that it plans to re-market for cash to vacation and resort travelers. Bentley Commerce will also market a portion of the room inventory through its Bentley Crump Barter Network of 180 independent trade exchanges with about 50,000 companies that trade through them, to expand trade opportunities available to its members. Bentley Commerce's second trade credit funding of a resort was engineered together with Intertrade Capital Group, its strategic alliance partner. It will assist a resort and hotel development company to renovate and expand its Caribbean resort that currently includes a beachfront all-suite condo, located on the North Coast of the Dominican Republic near Cabarete. The Beach Resort provides spectacular oceanfront living in a casual and intimate atmosphere, on Cabarete Bay, the water sport and adventure vacation capital of the Caribbean. The quaint village of Cabarete, situated on the north coast of the Dominican Republic, is a 20-minute drive from the Puerto Plata airport, and a 45-minute meander through scenic mountain ranges from the new Santiago airport.
Under the agreement signed this week, Bentley Commerce will advance $2.5 million in cash equivalent trade credits that will be used to reduce the resort's cash requirements for the purchase of building materials, furniture, fixtures and equipment, printing and media. Bentley Commerce will also provide the resort with marketing and international sales expertise, as well as introductions to its corporate clients, especially those in its commercial and industrial buying consortium.
"When the project is completed," said Bruce Kamm, Bentley Commerce's CEO and the Managing Director of its Corporate Trade Group, "Bentley Commerce will sell most of its acquired inventory of condos and room nights for cash, which we believe may result in substantial revenue. We will also market some of the room nights for trade dollars. Our hospitality trade credit funding will also provide us with an inside track on resort hotel rooms for barter, one of the most demanded areas of personal and corporate barter, as well as present us with excellent opportunities to potentially obtain equity positions in new resorts.
"Bentley's Hospitality trade credit funding is an extraordinary opportunity for resorts and hotels requiring financing for property development, refurbishment and renovations to offset and reduce their cash requirements," Mr. Kamm concluded. "It allows the hospitality companies to pay a significant portion of their capital improvements, interest free with their own excess room capacity or future sales."
About Bentley Commerce Corporat More than 200 lodging facilities located worldwide have already joined our Hospitality Exchange," said Joe Crump, president of the Bentley Crump Barter Network, a collaborative ***********work of over 180 trade exchanges and 50,000 members that trade through them. "Now that we have tested the concept and received such wide acceptance, we felt that this is the ideal time to acquire our strategic partner's interest, grow the exchange and build it into the world's largest online trade exchange for hotels, motels and bed & breakfasts.
"Integrating these properties into Bentley's global trade marketplace will enable our participating trade exchange members throughout the world to browse the properties, make a reservation request, receive an online confirmation, and pay for their accommodations using their trade exchanges local trade currency. In turn, participating properties will be able to trade for products and services they require for their business, such as furniture, carpeting, lighting, printing, advertising, artwork, wallpaper, tile and marble, and hundreds of other items that they would normally buy for cash."
Powered By Bentley Commerce's VirtualBarter Software, the Hospitality Exchange enables business and vacation travel properties to market directly to tens of thousands of new potential guests who will purchase their excess room inventory for trade dollars. This is extremely important to the properties, because an empty room tonight cannot be sold tomorrow. Instead, properties will be able to receive full value for excess room capacity sold on trade and then be able to use the trade dollars they receive to pay for the products and services they need without spending cash. Bentley receives a transaction fee on each trade that it expects will result in significant long-term profits.
About Bentley Commerce Corporation:
Posted by Billy on :
I saw news this morning that Bentley had requested that they stop trading this stock on the Berlin Exchange. And that is has been stopped. Is this good news or bad. Thanks and GLTA Billy
Posted by speed on :
Billy this is very good news indeed. Now the only thing left to get is a good 10q and prepare for takeoff. No buying nor selling going on so I suppose people are waiting for the 10q results. Bought an extra 21k shares this morning after the release and hope for the better.
quote:Originally posted by Billy: I saw news this morning that Bentley had requested that they stop trading this stock on the Berlin Exchange. And that is has been stopped. Is this good news or bad. Thanks and GLTA Billy
Posted by barterguy on :
Hi - new to the board here.
This is a response to the prior question above about why they bought condo's....
My take. Bentley has two sources of income from the companies doing business with them:
(1) "cash"
(2) "trade dollars".
They may ultimately receive a greater portion of trade dollars than cash.
To me cash is worth more than trade dollars, but Bentley can use the trade dollars to obtain services that it may normally pay for in cash, so there is some value to it.
However, it can't use the trade dollars for everything it needs, so they are better off trying to get cash. One way to do this is to convert their trade dollars to cash.
So for example, they purchased the resort condo's with the trade dollars which they will turn around and sell for cash.
From the press release: "Bentley Commerce Corporation's Corporate Trade Group will provide $2.5 million in cash equivalent trade credit funding to a Caribbean resort in exchange for an equal amount of resort condos and suites that it plans to re-market for cash to vacation and resort travelers. "
Hope this helps.
Posted by gmoney on :
do I even have to mention this stock @ these levels. I just jumped in because, similar to my post on CTKH, BLYC and PRIM are the two other IMO most undervalued stocks I watch. Please just put it on your watchlist people and keep an eye out. 10Q looked good, CEO stated that the stock was shorted and as a result delisted off of the BERLIN exchange (similar situation with many stocks which have had green days recently). News looks good. Just watch it ... that is all
Posted by Upside on :
gmoney,
Did you really think the 10Q looked good? I just read it and it looks pretty awful to me, at least from a revenue and dilution standpoint. They're paying for everything with stock and they state that they intend to keep doing so. At the rate they're going their o/s will be the full 2.5 billion of the a/s in no time. I guess the bright side is that they expect to be profitible by the 4th quarter this year or the 1st quarter of next. Oh well, I'm still holding and hoping! GLTA.
Posted by mizzou7 on :
What is going on with this stock ???
The 10Q looked terrible... IMO
Posted by joeyisthebest on :
lots of name changes HHMMMMMMMMMMMM??????????
Posted by Upside on :
Just out this morning:
Bentley Commerce to Reduce Current Expenses by $1 Million, Restructures Corporate Team and Creates Exchange Advisory Board 6/3/2004 3:05:00 AM LOS ANGELES, Jun 3, 2004 (BUSINESS WIRE) -- Bentley Commerce Corp. ( BLYC ), the leader in Internet-based barter and trade, will reduce current operating costs by approximately $1 million annually by restructuring and consolidating its operations, and has terminated a number of employment and consulting contracts. In addition, Bentley Commerce ( www.bentleycommerce.com) introduced a wide range of management procedures and financial controls at a special meeting of its board of directors and inaugurated a trade exchange advisory board comprised of seven barter industry professionals.
Gordon Lee, Bentley Commerce's chairman, resigned as CFO, treasurer and secretary. Bruce Kamm, Bentley's CEO, will also now serve as interim CFO and treasurer. Robert Schumacher, its president and COO will also serve as corporate secretary. Mr. Lee, who had been dividing his time between Bentley Commerce and American IDC Corp. ( ACNI ), a company he heads, will focus on American IDC Corp. ( www.americanidc.com). As a result, Mr. Lee's employment and consulting agreements with Bentley Commerce have been terminated, as well as the consulting agreement for his support staff.
"Bentley Commerce's future is in the hands of a superbly competent and dedicated management team," said Mr. Lee. "In the short time they have been with the company, they transformed it from a concept to the leadership position in online barter and trade. Since beginning the year as an operating company, Bentley Commerce has grown to include 64 independent trade exchanges online using its virtual barter software with approximately 12,000 companies that trade through them and about half a billion dollars of products and services available for trade in its online global trade marketplace. In addition, its collaborative ***********work subsidiary, Bentley Crump Barter Network, has 180 trade exchanges and about 50,000 members that trade through them off-line."
About Bentley Commerce Corporation:
Bentley Commerce Corp. is a business-to-business, Internet e-commerce Company establishing a new marketplace and distribution channel for worldwide barter and trade. Through the development of a seamlessly integrated family of online barter services, it envisions that most barter transactions can be handled over the Internet in real time, with its proprietary VirtualBarter software. Bentley intends to serve as a clearinghouse for barter trades for Fortune 500 trading partners, scores of existing retail barter exchanges that serve companies of all sizes, corporate barter companies that serve large multinational corporations, trade associations and their member companies, as well as media and travel agencies.
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 Corp.
Posted by VNGNTN1 on :
This appears to confirm the recent previous posts. Could go either way: If they get control of expenses,or large increase in sales, GOOD otherwise ??? VAN
Posted by Prdponce on :
Bentley Commerce's CEO Recaps End of Fiscal Year's Milestones
07/09/2004 06:03
Having completed its second quarter as an operating company, and the end of its fiscal year, "Bentley Commerce Corporation (OTCBB:BLYC) (www.bentleycommerce.com) has rapidly become the Internet leader in barter and trade with practically unlimited future growth potential in an enormous worldwide market," according to Bruce Kamm, its CEO. "Our business model, which enables independent local, regional and national barter exchanges, as well as exchanges that serve a specific company, industry or organization, and the companies that trade through them, to join Bentley Commerce's worldwide Internet-based collaborative network of trade exchanges, has been extremely well received," continued Mr. Kamm. "Exchanges are delighted that they can use our state of the art VirtualBarter online trade exchange management system software to enable their members to trade online seamlessly with one another and with members of other exchanges throughout the world, while maintaining their own independence, brand, content and identity."
In summarizing, Mr. Kamm said, "Bentley Commerce has broken down barriers to global trade by enabling exchanges and their members to easily and effectively trade and manage their accounts online by converging four crucial components. Bentley Commerce acts as a trade currency clearinghouse (much like SWIFT is to the banking industry), a transaction processor (like Visa and MasterCard in the cash world), a trade banking system (providing online banking and record keeping) and provides a unified trade marketplace (like MLS is to the real estate industry)."
Following are some of Bentley Commerce's highlights over the past six months:
-- VirtualBarter Trading Platform -- 72 independent trade exchanges that provide online trading and account management for about 15,000 member companies are now using the VirtualBarter online trade exchange management system. An average of eight new exchanges license the software each month and utilize the software to participate in Bentley Commerce's online global trade marketplace.
-- International Expansion -- Several new exchanges in Canada, and exchanges in Malaysia, Australia and Singapore have affiliated with Bentley Commerce. This leverages Bentley's real time foreign currency conversion technology to produce new trade opportunities and revenues, never before possible.
-- Global Online Marketplace -- Close to half a billion dollars in products and services are available for trade in Bentley Commerce's Internet-based worldwide marketplace, with steady increases in average daily trade velocity.
-- Bond Exchange -- In its first week, $50 million in bond transactions were completed, generating over $1,000,000 in cash fees to The Primestreet Exchange, of which $250,000 is due Bentley Commerce. Over $100 million in new bond offers are anticipated being added this month.
-- Per Inquiry Media Program -- In its first week, generated $143,000 in advance PI advertising billing. This advertising program enables trade dollars to be converted into a new cash revenue stream by making millions of dollars of print, broadcast radio, cable TV and digital advertising media available to new and current clients that will pay cash for media provided by Bentley Commerce based on leads generated, subscriptions, orders or sales.
-- Corporate Barter -- Two transactions totaling $7.2 million were completed, which could monetize into $3+ million in remarketing revenues upon construction and completion of two resort properties. A finder's network beginning with 14 business professionals was established to originate introductions to new transaction, and the Company is working with additional professionals to also become finders.
-- Hospitality Exchange -- The hospitality exchange, a network of over 200 hotel and resort properties, was acquired and the properties added to the global trade marketplace. The number of travel reservation requests received is increasing weekly.
-- Technology -- A map based travel search and reservation management system was integrated into VirtualBarter, in addition to over 60 enhancements to Bentley Commerce's trade exchange management system and online trade marketplace.
-- Account Information System -- An IVR system was launched to provide trade exchange members with customer service features similar to that of major banks. Members can use a touch tone phone to check their trade balance as well as post a transaction from a buyer to seller or seller to buyer.
About Bentley Commerce Corporation:
Bentley Commerce Corp. is a business-to-business, Internet e-commerce company that is establishing a new marketplace and distribution channel for worldwide barter and trade. Through the development of a seamlessly integrated family of online barter services, it envisions that most barter transactions can be handled over the Internet in real time, with its proprietary VirtualBarter software. Bentley intends to serve as a clearinghouse for barter trades for Fortune 500 trading partners, scores of existing retail barter exchanges that serve companies of all sizes, corporate barter companies that serve large multinational corporations, trade associations and their member companies, as well as media and travel agencies.
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.
Posted by mizzou7 on :
Bentley Commerce Introduces the First Business Debit Card that Enables Cardholders to Pay in Barter, Just Like Credit or Debit Card Transactions, Between Members of the Same or Different Exchanges
SARASOTA, FL, July 19, 2004 -- Bentley Commerce Corporation (OTCBB:BLYC-NEWS) (www.bentleycommerce.com) the online leader in barter and trade, today introduced its Platinum Business Trade Card that is the only debit card that seamlessly processes barter exchange members’ trade purchases at the point of sale at participating merchant members worldwide, even if the buyer and seller are members of different exchanges.
Bentley Commerce is the first to offer swipe card technology to seamlessly process transactions between members of different trade exchanges, and to process transactions internationally, facilitating foreign currency exchange in real time. Most important, its Platinum Business Card uses a standard credit card merchant terminal so that sellers do not require a separate terminal to process barter transactions.
Bentley Commerce anticipates that its Platinum Business Trade Card will soon be honored at thousands of locations in the US and Canada, and in other countries later this year. Cardholders will be able to charge purchases in barter, just as they would in cash or credit. The Trade Card uses Bentley Commerce’s proprietary swipe card software technology on new terminals provided to merchants, or uploaded to merchants’ existing supported terminals. Cash transaction capabilities are among some of the future enhancements that are planned for its Trade Card.
“Our Platinum Business Trade Card is the one swipe card powerful enough to handle all of a company’s trade purchases” said Bruce Kamm, Bentley Commerce’s CEO. “It gives businesses exactly what they have been asking for: trade credit, trade dollars, tracking and control of business expenses, and eventually, cash capabilities - all in one swipe card.”
“This is Bentley Commerce’s next step in providing an integrated technology platform capable of real time trade transaction processing worldwide,” continued Mr. Kamm. “The 74 participating barter exchanges that provide online trading and account management for about 15,000 member companies, are already part of Bentley Commerce’s Global Trade Alliance and will be provided with debit cards that are branded with their exchanges’ logo to process barter now, and eventually cash transactions, at the point of sale.”
“Members of one exchange will be able to use their debit cards to make purchases from members in their exchange, as well as with members of other participating exchanges throughout the world,” said Mr. Kamm. “This should go a long way to eliminate the current constraints that hinder global trade. We envision Bentley Commerce becoming the barter equivalent to NYCE, Cirrus, Plus and other cash interexchange networks, for the universe of companies participating in barter and trade through Bentley Commerce’s Online Global Trade Alliance and Trade Exchange Network.”
The first terminals that will process Bentley Commerce’s Card transactions are the VeriFone Omni 3750 and 3300 card terminals. Bentley Commerce plans to support additional terminals, such as the Nurit 8100 and 2085, later this year. For members in the U.S. and Canada that do not have a swipe card terminal, transactions can be processed using a touch-tone phone, with one toll-free phone number to call, 24/7. Members can now process transactions over the phone and get account balances, and later on, will be able to conduct searches by area code for trading partners, such as hotels and restaurants.
Bentley Commerce already has about half a billion dollars of products and services available for trade in its online global trade marketplace launched earlier this year. It has membership agreements from about half the Canadian barter exchanges and a third of the U.S barter exchanges to participate in its Trade Exchange Network, in addition to affiliation agreements with 74 online exchanges in its Online Global Trade Alliance.
In addition to online trading, the Bentley Platinum Business Card will enable participating merchants throughout the world, to make offline trade purchases of products and services. This should prove to be especially beneficial to hotels, restaurants, and all types of retail stores and shops that typically find current trading processes cumbersome.
Posted by COACHPHILM63 on :
Good news should gap up nicely today.
coach
Posted by indamoney on :
check out teh new insider buying from bruce. he really believes in this company. I do also, LONG BLYC!
Posted by sircruz68 on :
Watch this one tomorrow. Level II setting up for a possible breakout. Double Bottom established @ .018 support. Closed at HOD today, strong close.
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rivate currencies are huge for branding and other power enhancements...and barter..all in one fell swoop! excerpt from Barternews Tuesday report: