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Originally posted by GMG:
Mach, I would appreciate if you could also e-mail me with the info you have,gary@hqm.com. I have had this for about 1 1/2 months and I was thinking of getting rid of it. Thanks for your time.

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Originally posted by machtabow:
Done. Thanks! mach

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Originally posted by BetNitAll:
Mach, don't forget your good body here...sen it to me too please

anrservs@yahoo.com

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SUMMARY

BTLY has progressed substantially since we last covered it in July 2002. It is applying its e-commerce Internet payment technology to a new, fast growth business. It added a strong management team with a great success record, & is making what we consider to be very sensible acquisitions.

On 2/19/2003, it announced the acquisitions of BartercardUSA (www.bartercardusa.com), as well as First National Information Network (www.fnin.com). Each will be a wholly owned subsidiary of BTLY.

Chairman Gordon Lee stated: "Both companies are cash flow positive & will continue aggressive growth as a result of going public, as well as increase shareholder value for us."

BartercardUSA holds the American licensing rights for Bartercard International which, as reflected in the * note above, is the world's largest business-to-business trade exchange. Its trade & barter franchises operate from about 120 offices in 15 countries, including such examples as Australia, Hong Kong, Malaysia, New Zealand, Sri Lanka, Thailand, United Kingdom, & several others -- & since April 2002, of course, the USA Singapore has just been added, Mexico & Canada are expected to be added this year, & others are pending – 20 are expected by 2005. In the 15 countries, Bartercard has over 70,000 member-businesses, & that number is expanding by about 20% each year. That base provides the largest captive market in this worldwide industry. The parent company, established in 1991 as an electronic, computerized marketplace for barter transactions, generated more than $1.2 billion in trade in 2002, & had over $50 million in earnings in 2002. Lee stated: "Many analysts agree that the U.S. alone is capable of eclipsing these numbers."

BartercardUSA already has offices in Arrowhead/Big Bear, Baltimore, Bel Air (MD), Boise (ID), Chatsworth, El Cajon, Fresno, Hollywood/Los Angeles, Houston, Las Vegas, Orange, Palm Springs, Redlands, San Diego, San Jose, Sarasota (FL), Temecula, & Ventura. It has more than 2,000 member businesses. Projected growth is to over 20,000 member businesses by 2005. BartercardUSA makes a significant cash override on every transaction. Gordon Lee commented: "Bentley is in the process of equipping BartercardUSA with a payment system similar to Visa or MasterCard. For the first time in the trade & barter industry in the U.S., each trade/barter transaction will be settled at the point of sale. Now all barter credits & fees can be transferred immediately, rather than `waiting for the mail,' so to speak."

The second acquisition -- First National Information Network (FNIN) -- is a teleservices company founded in 1992 focused primarily on lead generation for American business. It provides full comprehensive demographics on every lead. Over 100,000 survey calls per week are made to identify an average of 3,000 pre-qualified participants who meet strict standards. This service currently generates over $50,000 per week in gross revenues.

Thanks... you know I read this... It makes total sense. As investors become more aware of barter and how its changing traditional financial transactions around the world it makes sense. Iraq is the perfect place right now for this company. mach

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Originally posted by Moose:
found this interesting, could be lots of money in Iraq these coming months/years

Bentley Communications Corporation to Target Iraqi Reconstruction with Barter and Trade Alliances
Monday December 15, 6:03 am ET

LOS ANGELES--(BUSINESS WIRE)--Dec. 15, 2003--Bentley Communications Corporation (OTCBB:BTLY - News), the emerging leader in the online barter industry, today announced that it is in discussions with several entities in the Middle East, including Iraq, that are interested in establishing a network of barter exchanges that plan to focus on providing alternative capital initiatives to companies that can provide goods and services targeting the reconstruction of Iraq.
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"With the recent capture of Saddam Hussein, the ensuing regional stabilization should accelerate the billions of dollars allocated for reconstruction efforts," said Gordon Lee, Bentley's chairman and CEO. "Barter can provide a means to enhance cash spending, or actually reduce cash requirements for reconstruction and other economic development, by providing alternative capital initiatives. Bentley, through its Bentley's Crump Barter Network, VirtualBarter software and Corporate Barter division, is positioning itself to capitalize on these initiatives."

"Historically many countries and governments, in addition to the private sector, utilize barter," continued Mr. Lee. "These transactions, that total about $650 billion annually, enable them to sell excess products or capacity at full price, in exchange for other products and services, rather than liquidating inventories at pennies on the dollar. Natural resources and excess capacity in Iraq and other Middle Eastern countries can be leveraged through barter transactions to pay for other required products and services that can be supplied by other countries or companies."

Bentley has already developed a strategic relationship with a new emerging trade exchange network in the Middle East that will be participating in its worldwide global network www.bentley.vbarter.com and use VirtualBarter software. This software is intended to eliminate barriers to trade by providing new multi-lingual, multi-currency trading for barter and trade exchanges, and their members worldwide. Other international exchanges, including one in Paris, France, will be using the software as part of Bentley's global marketplace.

With VirtualBarter, new developing trade exchanges that establish themselves in Iraq and other Middle Eastern countries will soon have a vast inventory of products and services available to them and their members, including about 50,000 members who trade through the largely North American based 180 trade exchanges that participate in Bentley's Crump Barter Network.

[This message has been edited by Moose (edited January 06, 2004).]

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Originally posted by GMG:
Mach, I would appreciate if you could also e-mail me with the info you have,gary@hqm.com. I have had this for about 1 1/2 months and I was thinking of getting rid of it. Thanks for your time.

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Thanks.

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Originally posted by newstockpicker:
Getting here a little late ... can you please send it to me too Mach?

Thanks.

Walt

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COMMENTS ON BARTER

Barter, as used by businesses, is an exciting idea. It began in ancient times & has now been revived & adapted to our modern economy. Bartering allows businesses to generate new business, convert excess inventory or capacity into needed goods or services, conserve cash, accelerate accounts receivable, & get an edge over non-barter competition.

Barter, especially business-to-business barter, offers important benefits to the businesses that take advantage of it. Some of the applications of barter include debt recovery, paying creditors, & generating sales that the business would not have ordinarily obtained.

Trading products or services allows a business owner or operator to acquire other products & services at the wholesale cost of one's own products or services. This special purchasing power, achieved only by using barter transactions, provides exceptional leverage. Let's look at an example. Let's assume you sell flowers, & your wholesale cost is half of your retail selling price. You effectively acquire each barter dollar for a cash outlay of $0.50. You could look at it this way: When you buy something using those barter dollars, you are paying half price for what you are buying.

If the business owner operates a hotel, there may be an additional benefit. A hotel room that isn't utilized for a night constitutes a value that is lost forever. Barter is an effective way to gain value from something that might otherwise be made worthless.

The CEO explained to me the company and concept in detail. It was a great conversation. I was very enlightened. He stated that i needed to look at barter as a form of financing/alternative financing that many companies are using. He gave me several examples... and finally when he was done educating me... I was very excited about the opportunity here! mach

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Originally posted by Moose:
Just my thoughts...

I'm think I'm definitly gonna play this for the symbol change, since from what I've seen huge gains can be made the days before, of, and after the change. But I think there are some great long term possibilities for this company, I'll for sure hold onto some freeshares after monday the 12th.

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mach

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Originally posted by Mav:
Mach, look what i found, i just keep reading and like it more...

COMMENTS ON BARTER

Barter, as used by businesses, is an exciting idea. It began in ancient times & has now been revived & adapted to our modern economy. Bartering allows businesses to generate new business, convert excess inventory or capacity into needed goods or services, conserve cash, accelerate accounts receivable, & get an edge over non-barter competition.

Barter, especially business-to-business barter, offers important benefits to the businesses that take advantage of it. Some of the applications of barter include debt recovery, paying creditors, & generating sales that the business would not have ordinarily obtained.

Trading products or services allows a business owner or operator to acquire other products & services at the wholesale cost of one's own products or services. This special purchasing power, achieved only by using barter transactions, provides exceptional leverage. Let's look at an example. Let's assume you sell flowers, & your wholesale cost is half of your retail selling price. You effectively acquire each barter dollar for a cash outlay of $0.50. You could look at it this way: When you buy something using those barter dollars, you are paying half price for what you are buying.

If the business owner operates a hotel, there may be an additional benefit. A hotel room that isn't utilized for a night constitutes a value that is lost forever. Barter is an effective way to gain value from something that might otherwise be made worthless.

Barter offers a way to gain a customer who would not have tried your product or service if the full price had to be paid in cash. He or she may well try your product or service when they can pay in barter dollars. Actually, a member will seek out opportunities to do business with a business that accepts barter dollars. We here at **************** have been using barter dollars for some time, & really appreciate the convenience afforded.

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Take Care! mach

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Originally posted by PSU90:
Nice hammer candle formation today....bullish sign. Here is a link.....maybe Cabbage can do his magic later and put the chart in the thread! LOL!
daclyyay[db][pd20,2!c4,9][vc60][iLh66,5,3!La12,26,9]&pref=G]http://stockcharts.com/def/servlet/SC.web?c=btly,uu[m,a]dac lyyay[db][pd20,2!c4,9][vc60][iLh66,5,3!La12,26,9]&pref=G

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[This message has been edited by kt325ci (edited January 06, 2004).]

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Originally posted by FiftyCent:
does anyone know what the symbol is being changed too????

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Originally posted by PSU90:
Nice hammer candle formation today....bullish sign. Here is a link.....maybe Cabbage can do his magic later and put the chart in the thread! LOL!
daclyyay[db][pd20,2!c4,9][vc60][iLh66,5,3!La12,26,9]&pref=G]http://stockcharts.com/def/servlet/SC.web?c=btly,uu[m,a]dac lyyay[db][pd20,2!c4,9][vc60][iLh66,5,3!La12,26,9]&pref=G

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Originally posted by cabbage22:
I will post my take on the techs, just let me recover from the seizure I had from IBZT today. Up almost 130%, now I'm floating on free shares-

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Originally posted by machtabow:
Yes... you can see the MACD positive divergence as well. As the price was consolidating the MACD has been rising... when it crosses 0.00 which will happen soon... the stock will become very Bullish!

Take Care! mach

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Originally posted by Anna:
I'm in with a very small 20000 to start with. I'll have to wait for funds to become settled from the IBZT bonanza.

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Originally posted by machtabow:
CEO told me that the Cusip and name will change... but will keep the same symbol. The Cusip number is the key identifier. Take care. mach

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Originally posted by Moose:
Mach...does this mean MM's will have to cover shorts or not, a little confused now....

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Originally posted by machtabow:
Wow! Sounds like IBZT is ******g and rolling. Glad you were successful there Anna. It's nice to find a good ride like that once in a while! Take care! mach

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MARKET

Today, more than 500,000 businesses engage in bartering. They include such well known companies as Hilton, Mattel, McDonnell Douglas, Pepsi Cola, Ramada Inns, & Xerox. The diversity of businesses that participate is wide. Here's just a sampling of some of the categories: accountants, advertising, air conditioning, airlines, architects, art galleries, attorneys, auto repair, barbers, beauty salons, boat rental, builders, caterers, cheese, clothing, dentists, doctors, education, entertainment, flooring, food, furniture, golf, hotels, jewelry, landscaping, limousine service, nutrition/vitamins, office equipment, printing, pet care, photography, pool service, PR, resorts, restaurants, security
services, sport fishing, storage, telemarketing, vacations, watches, wedding receptions, & a very wide selection of other stores, services, etc., etc., etc.

According to the International Reciprocal Trade Association (IRTA), barter volume of the 500,000 businesses is $13.5 billion, up from 240,000 firms doing $5.9 billion in 1991. Based on current trends, IRTA predicts that 1.5 million firms will be engaged in barter in North America within 10 years, & IRTA expects the number of clients of barter companies to double over the next five years & to double again in the following five years.

Bollinger Bands- Tightening, shows the stock has consolidated, price has been moving towards the upper bollinger band - BULLISH

MACD- Fast line has been sitting on the slow line for a while, also shows consolidation, Fast has crossed over the slow line, showing an upward trend- BULLISH

Slow Stokes- 50 moving upwards. Showing the stock is in a healthy pattern and under accumulation- BULLISH

EMA's- Price has crossed 8 day EMA- BULLISH, Price is just under 40 day EMA and about to cross- VERY BULLISH

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Other Factors to Consider:

Company Name Change- the company is changing their name from Bentley Communications to Bentley Commerce. This will stop people from naked shorting, since all shorts need to be COVERED before the name change and will put buying pressure on the stock.