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).]
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
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.
posted
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
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?
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
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
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.
IP: Logged |
posted
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
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
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?
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
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.
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!!
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
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
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).]
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
Bo
