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Originally posted by cabbage22:
Hey guys, BTLY is moving well! In case anyone is still interested in PGHI, it just bounced off support- managed to pick up an additional 40k at .052!

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The Department of Commerce says that barter in its various forms accounts for about thirty percent of the world’s total business. The International Reciprocal Trade Association (IRTA) recently announced that U.S. barter transacted through commercial barter brokers now exceeds $8 billion annually. Over 250,000 U.S. businesses actively use organized barter.

There are many good reasons why more and more businesses worldwide are bartering their products and services, but underlying them all is one fundamental business motivation; businesses profit.

Airlines and restaurants can fill empty seats, hotels and resorts can fill empty rooms, printers can fill press downtime, professionals can fill empty time slots, health care professionals can treat new patients. Business owners and professionals can then take this newfound revenue and reduce cash expenses or expand their operations.

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Originally posted by Moose:
I've been trying to get in at the bid right now, but can't seem to get any luck...I may also have to pull a chunk out of that resistence

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Originally posted by cabbage22:
There isnt anyone selling right now, almost all the trades have gone through at the ask. I'm not going to miss the train, once .03 falls we enter a new mental and technical trading range

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Originally posted by cabbage22:
BTLY has crossed its 40 EMA- a very bullish sign! I tried getting in at .027 this morning but it blew right past me! Resistence at .03 is lessening, I think I'll just take a chunk out of that instead!

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Originally posted by Groovin:
Time to keep buying BTLY ...Gotta love Penny's

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looks like there are lot's of posts to catch up..After doing some DD tonight,I might buy
as well..

Here are my quick thoughts:

seems to me with little interest this can test .046-.047 level..But first it gotta make a new one month high( above .032) to attract more interest...
I might consider two strategies here: buy during any pullback if the PPS sees .033..( to ride it till min .046-47)
Or buying @.027(20 Ema which was the support line during the run up in Sept-Oct.)
with a tight stop of .023..

I'll check the fundamental side tonight..

GL

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Originally posted by Jak:
I have been buying at .030 how come nite's offer does not go away?

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Originally posted by chrispete:
I got in this morning with an overnight bid of .027, wish I had a bit more to put in, but c'est la vie!

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Originally posted by raven76:
Hi guys,

looks like there are lot's of posts to catch up..After doing some DD tonight,I might buy
as well..

Here are my quick thoughts:

seems to me with little interest this can test .046-.047 level..But first it gotta make a new one month high( above .032) to attract more interest...
I might consider two strategies here: buy during any pullback if the PPS sees .033..( to ride it till min .046-47)
Or buying @.027(20 Ema which was the support line during the run up in Sept-Oct.)
with a tight stop of .023..

I'll check the fundamental side tonight..

GL

[This message has been edited by raven76 (edited January 07, 2004).]

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Originally posted by machtabow:
I have an order in for 500,000 at .0271 if anyone is selling. mach

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Originally posted by Magoo:
I have 250,000 that I will sell you for .27

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Originally posted by GMG:
I have had a bid in for the last 2 1/2 hrs @ .0295 and it still didn't go through. I also talked to my broker about orders over 10,000 shares at the bid price, do the MM's have to fill them before filling their orders and their response was the MM's are not committed to fill any orders unless at the asking price.

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Originally posted by cabbage22:
I should've explained better- use btly as example. You have a bid in at .0281, and the MM is at .028- someone places a sell at .028- the MM must either execute your order at .0281 / execute the order for himself at .0281 / or (the way the MM's make money) execute his order at .028 and sell the stock to you at .0281- but the broker is right- he is not obligated to fill your order. The path they choose depends on how the stock is playing.

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Originally posted by GMG:
I have had a bid in for the last 2 1/2 hrs @ .0295 and it still didn't go through. I also talked to my broker about orders over 10,000 shares at the bid price, do the MM's have to fill them before filling their orders and their response was the MM's are not committed to fill any orders unless at the asking price.

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HOW TODAY'S BARTER INDUSTRY WORKS

Modern Barter is a highly organized, high tech, comminications driven industry. At the heart of the industry is the Trade Exchange, an association of business operators and professionals who have joined together to trade their surplus products and services. The exchange serves simultaneously as a market, a communications network, and a clearing house for transactions among its members much like a bank.

Member businesses sell their goods and services to other members in the exchange for trade dollars which are valued at the equivalent of cash dollars. With each transaction, trade dollars are debited from the buyer's account and credited to the seller's account. The seller can then spend these trade dollars with other exchange members.

Through association with a barter exchange, member businesses find new customers and earn trade dollars selling their surplus which they can then spend with other members for products and services.

INDUSTRY SEGMENTATION
Today's barter industry can be seen as a three tiered pyramid with trade exchanges forming the broad base of the structure.
Retail Trade - The trade exchange tier of the industry is frequently referred to as retail trade where small to mid-sized businesses and professionals join together to barter their products and services.
Exhange members are serviced by trade brokers who function in a manner similar to securities brokers. Brokers bring buyers and sellers together and serve as business advisors to their clients. They rarely act as principals in barter transactions. Instead their roles, established by law, are as third party record keepers.

Corporate Barter - Large businesses such as manufacturers, wholesalers and distributors, often have surplus inventory and production capacity they can trade for needed resources. Rather than taking write down losses or destroying their markets these companies frequently trade their surplus for "purchase credits."

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Originally posted by PSU90:
From the website....about the CEO. Impressive resume!

Key Executives

Gordon Lee is chairman and CEO of Bentley Communications Corporation. He was CEO and CFO of Bentley since March 1999. He has been involved with emerging growth companies in the private and public arena for more than 20 years. He was founder, and former chairman of USA Video, which introduced the world to video on-demand. Today, USA Video is an international developer and supplier of high-tech Internet streaming video and video-on-demand services, systems, and innovative end-to-end solutions. In 1993, he founded Future Media Technologies. a pioneer in digitized & compressed video. It is the first company whose standard for picture quality met the criteria demanded by Paramount Pictures, Warner Bros. and other leading studios. It gained the rights to digitize and compress these firms' enormous film libraries. In 1998 he briefly entered the public safety sector, working on the refinement of a bullet-resistant glass coating for cars and office buildings. This technology was sold off for commercial development and resulted in a standard option on nearly all new European cars, including BMW & Mercedes. In 1999, he founded Startek.com, that enable wireless high-speed Internet access. He launched Bentley Communications Corporation to facilitate e-commerce and alternative commerce on a global scale, focusing on business-to-business applications.

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Originally posted by Mav:
Here i found how the barter industry works nowadays at the market place.

HOW TODAY'S BARTER INDUSTRY WORKS

Modern Barter is a highly organized, high tech, comminications driven industry. At the heart of the industry is the Trade Exchange, an association of business operators and professionals who have joined together to trade their surplus products and services. The exchange serves simultaneously as a market, a communications network, and a clearing house for transactions among its members much like a bank.

Member businesses sell their goods and services to other members in the exchange for trade dollars which are valued at the equivalent of cash dollars. With each transaction, trade dollars are debited from the buyer's account and credited to the seller's account. The seller can then spend these trade dollars with other exchange members.

Through association with a barter exchange, member businesses find new customers and earn trade dollars selling their surplus which they can then spend with other members for products and services.

INDUSTRY SEGMENTATION
Today's barter industry can be seen as a three tiered pyramid with trade exchanges forming the broad base of the structure.
Retail Trade - The trade exchange tier of the industry is frequently referred to as retail trade where small to mid-sized businesses and professionals join together to barter their products and services.
Exhange members are serviced by trade brokers who function in a manner similar to securities brokers. Brokers bring buyers and sellers together and serve as business advisors to their clients. They rarely act as principals in barter transactions. Instead their roles, established by law, are as third party record keepers.

Corporate Barter - Large businesses such as manufacturers, wholesalers and distributors, often have surplus inventory and production capacity they can trade for needed resources. Rather than taking write down losses or destroying their markets these companies frequently trade their surplus for "purchase credits."

International Barter - Countertrade and international reciprocal trading make up international barter. Countertrade constitutes transactions between governments or multinational companies.

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WHERE THE BARTER INDUSTRY IS GOING

The Trade Exchange is frequently considered another dimension of the financial industry. However, in addition to providing some of the financial resources businesses need, bater companies provide advertising and sales support to create new revenue streams.

Because it offers so many benefits for businesses, the future of the trade exchange is characterized by continued growth and development. Taking full advantage of these benefits is a powerful motivation for companies to employ a qualified barter company.

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Originally posted by BetNitAll:
mach...you have mail

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ADVANTAGES

Barter has many real advantages for businesses -- one you may not think of at first is the fact that in a barter transaction, there are no accounts receivable, & therefore no bad debt possible. We appreciate barter's ability to profitably get rid of excess inventory, penetrate new markets, & expand sales while avoiding costly writeoffs, maintaining working capital, increasing cash flow, & reducing the need to borrow. Those advantages translate to increased profits.

We like what BTLY is doing -- management's aggressive posture should, in our opinion, result in rapid growth. We like the fact that BTLY will concentrate on small to medium sized businesses. We like the fact that as the number of offices & franchisees grows, & the number of businesses that become members increases, the growth rate will accelerate. This is because the greater the diversity & number of businesses that accept barter dollars, the more every member business will rely on barter transactions.

Keep in mind that we are providing you with this profile at as early a point in the company's history as possible. We want you to be aware of what is being planned, so you can watch this company's progress, & decide whether to take a position when the share price is at its current attractive low level.