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Author Topic: BLYC - TIME FOR A RUNNER!
superstar
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Bentley Commerce Acquires 100% of The Barter Exchange for Hotels, Motels, and Bed & Breakfasts It Launched as a Strategic Alliance This Year


200 Lodging Facilities Have Already Joined Bentley's Online Hospitality Exchange

LOS ANGELES, Apr 28, 2004 (BUSINESS WIRE) -- Bentley Commerce Corporation (OTCBB:BLYC) has acquired 100% of an Internet based barter exchange for hotels, motels, and bed & breakfasts that it originally launched as a strategic alliance with The Hospitality Exchange, a private company, in February 2004. The Bentley Hospitality Exchange, located at www.hospitalityexchange.vbarter.com enables lodging facilities to trade online in an ecommerce marketplace for the products and services they need to run and manage their properties.
"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:

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.


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superstar
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Bentley Commerce Acquires 100% of The Barter Exchange for Hotels, Motels, and Bed & Breakfasts It Launched as a Strategic Alliance This Year


200 Lodging Facilities Have Already Joined Bentley's Online Hospitality Exchange

LOS ANGELES, Apr 28, 2004 (BUSINESS WIRE) -- Bentley Commerce Corporation (OTCBB:BLYC) has acquired 100% of an Internet based barter exchange for hotels, motels, and bed & breakfasts that it originally launched as a strategic alliance with The Hospitality Exchange, a private company, in February 2004. The Bentley Hospitality Exchange, located at www.hospitalityexchange.vbarter.com enables lodging facilities to trade online in an ecommerce marketplace for the products and services they need to run and manage their properties.
"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:

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.

SOURCE: Bentley Commerce Corporation

CONTACT: Bentley Commerce Corporation
Joe Crump 646-825-9001
jcrump@bentleycommerce.com
www.bentleycommerce.com
www.hospitalityexchange.vbarter.com



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Upside
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Superstar,
We appreciate your efforts but everything you're posting is old news that has been shown here many times before. Try to dig up something new so you don't look like a pumper!

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superstar
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Upside. Come on. I only have a few more to post. How is posting news pumping. Please refer to my previous post. I believe it's important that when you present a company, that you present all pertinent DD. Not everyone is familiar with BLYC or it's history. Therefore my goal is to present all DD including old news releases, micro and macroeconomic factors, sec filings and rumors. I do not believe there is anything wrong with that. You can not assume that everyone else knows and/or understands the barter industry or the history of blyc. So bare with me and try to understand the view of a new investor looking for an investment opportunity. If all the DD is here, then there is no need for them to look further. After all this is a message board. I do respect yor opinion, but please respect my desire to educate. I own shares and would like the general public become more educated about this great opportunity. There are thousands of stocks out there and I believe BLYC is a great investment and want others to know. Thanks Upside!
superstar

quote:
Originally posted by Upside:
Superstar,
We appreciate your efforts but everything you're posting is old news that has been shown here many times before. Try to dig up something new so you don't look like a pumper!


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superstar
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Bentley Commerce to Reduce Current Expenses by $1 Million, Restructures Corporate Team and Creates Exchange Advisory Board

LOS ANGELES, Jun 3, 2004 (BUSINESS WIRE) -- Bentley Commerce Corp. (OTCBB: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. (OTC: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.

CONTACT: Bentley Commerce Corporation
Bruce Kamm, 646-825-9001
bkamm@bentleycommerce.com
www.bentleycommerce.com
www.bentley.vbarter.com


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Upside
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Well, have at it if you must but just a warning, you registered here today and are already about to make your 19th post on this stock. To most here, that looks like pumping.

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superstar
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Sorry if that's what you think. As you can see. It's only posting news releases in chronological history so that it reads like a book showing past developments all the way up to knew. Im sure a few newbies will respect the fact that i saved them a lot of DD, but I also respect your opinion. Have a great night! I'll continue tomorrow with the industry as a whole. Much DD on the Barter industry to research and present. Please feel free to contribute when you can. Education is key. superstar

quote:
Originally posted by Upside:
Well, have at it if you must but just a warning, you registered here today and are already about to make your 19th post on this stock. To most here, that looks like pumping.


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foolio
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news articles can be concisely referred to by linking the yahoo headlines webpage
finance.yahoo.com/q/h?s=BLYC.OB

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Upside
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Read what foolio said in the post right above this one. Referance a link, dont chew up server space by reposting old news. If you feel you have to post old news, do a search for the stock and add it to an old thread if it's not there already.
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TeenageTrader
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Looks like it could be a good one to have. However, I will not purchase it until it goes below .03, it looks like to me based on the charts that it is going to dip back down next week and get closer to .03 before I goes up.IMO. Also if I can get some money freed up from another stock... all of my precious babies are to close to hitting for me to sell shares now. Upside what do you think?

[This message has been edited by TeenageTrader (edited June 11, 2004).]


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Upside
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TeenageTrader,
BLYC is a great long term hold. If you're looking for a quick pop you might get one up to .05 or so next week but I wouldn't count on much more than that for now. It will fall back to the .03 level for awhile until the company turns profitable. Looking out a year or so you might see .25 with this one if you have patience.

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superstar
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The news is all posted. All of it dated back for about two months. And it's posted... easy to read and in easily accessible without going off the site. Im sure that Allstocks appreciates the fact that members are not leaving their site and going to other sites. So therefore lets move on. Trying to determine the best way to present information should be up to the individual posting. Furthermore this is the only BLYC thread that i see on this site. Let's not get into im right your wrong, but rather let's focus on working togther, learning all we can and sharing as much DD as we can with others. Thank you Upside for your comments. superstar

quote:
Originally posted by Upside:
Read what foolio said in the post right above this one. Referance a link, dont chew up server space by reposting old news. If you feel you have to post old news, do a search for the stock and add it to an old thread if it's not there already.


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gray1
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That much hype in two days saves a lot of time. I wouldn't buy if it was free.
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superstar
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See. There you go. An investor made a decision after reading all the DD. Congrats. Furthermore, I really don't see any hype on this thread. Most of what i see is the news i posted and intelligent conversation. Thank you for your insight. superstar

quote:
Originally posted by gray1:
That much hype in two days saves a lot of time. I wouldn't buy if it was free.


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superstar
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At least we agree on something. My expectation in the short-term is .05 to .06. Long-term is .25 area. Superstar

quote:
Originally posted by Upside:
TeenageTrader,
BLYC is a great long term hold. If you're looking for a quick pop you might get one up to .05 or so next week but I wouldn't count on much more than that for now. It will fall back to the .03 level for awhile until the company turns profitable. Looking out a year or so you might see .25 with this one if you have patience.


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makingMILs
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haha...i guess i'm too optimistic...
i was thinking around even 0.50 ST (meaning upto a year in my book)...
but oh well...we will see...

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Upside
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originally posted by makingMILs:
quote:
haha...i guess i'm too optimistic...
i was thinking around even 0.50 ST (meaning upto a year in my book)...
but oh well...we will see...

Could happen. They expect to be profitable by the 4th quarter of this year or 1st quarter of next. If that happens theres no telling how high it could go. One big negative is the dilution factor. They have 2 billion shares authorized and are approaching 1 billion issued. They have come right out and stated that they intend to finance future growth through the issuance of new shares and they're doing it at a rapid clip. By the end of the year they could have all 2 billion issued. If they aren't profitable by then they'll have to authorize and issue even more. Not good!


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superstar
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Authorized/Issued... The important factor is float. The float is only 258 million as per the quarterly which is considerably smaller than many penny stock companies. Those are 258 million tradable shares... Im not sure if your 1 billion share issued is accurate. I will look, but i believe it was 500 million or somewhere around that. I'll follow up.

quote:
Originally posted by Upside:
originally posted by makingMILs:
Could happen. They expect to be profitable by the 4th quarter of this year or 1st quarter of next. If that happens theres no telling how high it could go. One big negative is the dilution factor. They have 2 billion shares authorized and are approaching 1 billion issued. They have come right out and stated that they intend to finance future growth through the issuance of new shares and they're doing it at a rapid clip. By the end of the year they could have all 2 billion issued. If they aren't profitable by then they'll have to authorize and issue even more. Not good!


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TeenageTrader
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Im actually considering buying and trying for a quick 30-50% profit, 50% if I am very lucky... but.. it would be extremely short-term only... I like the way the chart is looking, and did anyone else notice on the 6 month chart, the chart seems to flip you off? (the way the line moves it makes a middle finger) Maybe a sign?
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superstar
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Here's the info from the quarterly.

Bentley's common stock is currently quoted on the NASD OTC Bulletin Board under the ticker symbol BLYC. As of May 7, 2004, there were approximately 549,161,536 shares of common stock outstanding, of which approximately 254,597,854 were tradable without restriction under the Securities Act.


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cabbage22
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BLYC is a good pick. Next week should be amazing.

Cabbage


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RUNNER!
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I THINK AMAZING WILL BE AN UNDERSTATEMENT. CHARTS LOOK GREAT.
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superstar
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Good Morning All! Nice to see we have a few excited BLYC traders finally. Diamond in the Rough. I'll see what sort of DD i can find today.


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pharmdman
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quote:
Originally posted by VNGNTN1:
Had a position on this for awhile. Think RUNNER & QUEENBEE are one & same or partners.
VAN

Don't forget about superstar.... all three are new members within a 24 hour period, all three found there way to this thread... and as soon as VAN made this statement, superstar took over as the pumper. I think all 3 are the same person.... and I think we all know who that might be... all 3 have the same writing style except that RUNNER used all caps (probably by habit)... these people (or one person) think they're too fast for us! (hint, hint)


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RUNNER!
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THIS PR STATES IT ALL!!! CASE IN POINT. HUGE RESORT DEAL TO BE CONVERTED TO CASH VERY SOON! BLYC IS IN ITS INFANCY STAGE AND GROWING FAST! RUNNER!

quote:
Originally posted by superstar:
Bentley Commerce Setting Records in the Online Global Barter and Trade Marketplace


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, Apr 23, 2004 (BUSINESS WIRE) -- In less than four months since it became an operating company, Bentley Commerce Corp. (OTCBB:BLYC) 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.



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RUNNER!
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WITHIN TWO YEARS BENTLEY EXPECTS TO ADD CONSUMERS, INITIALLY BUYERS ONLY, TO BUILD A LARGER SALES BASE FOR THE INVENTORY THAT EXCHANGE MEMBERS AND CORPORATE BARTER COMPANIES WISH TO SELL. BENTLEY PLANS TO ISSUE CO BRANDED CARDS TO FACILITATE BOTH SALES TO CONSUMERS AND SALES BETWEEN COMPANIES THAT ARE NOT IN THE SAME TRADE EXCHANGE.

THEY WILL HAVE THEIR OWN CREDIT CARD. $$$$$$$ RUNNER!


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superstar
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Hey Looks like we have a few bashers on this board. Let me assue you that i am not anyone else. RUNNER does sound like he's a little on the pumping side, but that's fine with me. Im sure there will be plenty of bashers here to even things up soon.

At any rate, i did do some research on some of Bentley's Websites. Did you know that the pacrim.vbarter.com has a very high amount of traffic. Alexa ranks them in the top 200,000 sites in the world and they were launched only a short while ago. This is very exciting. Remember Bentley makes money on all the transaction that take place.

Go to pacrim.vbarter.com . They basically handle barter for all the asian companies.

Welcome to the Pacific Rim Chamber of Commerce Exchange

We offer you the world's largest barter marketplace, and give you the e-business resources you need to build your bottom line with access to thousands of new customers, stronger cash flow, increased buying power, greater sales volume and access to new markets for sale of your product or service throughout the world. Tens of thousands of business owners and professionals already trade in our global trade alliance. Earn Trade Dollars from these new customers and put your new purchasing power to work running your business, expanding your operations, or enhancing your personal standard of living without spending cash.


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superstar
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About Us
Pacific Rim Chamber of Commerce Exchange, an alliance partner in the world's premier Global Trade Alliance, gives you the resources you need to build your bottom line.

Tens of thousands of business owners and professionals already trade in the alliance. Earn Trade Dollars from these new customers and put your new purchasing power to work running your business, expanding your operations, or enhancing your personal standard of living without spending cash.

Unlike being a member of a small independent barter exchange, member's of trade exchanges that participate in the Bentley Commerce Global Trade Alliance are empowered with online worldwide trading combined with a broker-centric network of barter professionals to assist you in facilitating trades locally, across the country or across the globe.


quote:
Originally posted by superstar:
Hey Looks like we have a few bashers on this board. Let me assue you that i am not anyone else. RUNNER does sound like he's a little on the pumping side, but that's fine with me. Im sure there will be plenty of bashers here to even things up soon.

At any rate, i did do some research on some of Bentley's Websites. Did you know that the pacrim.vbarter.com has a very high amount of traffic. Alexa ranks them in the top 200,000 sites in the world and they were launched only a short while ago. This is very exciting. Remember Bentley makes money on all the transaction that take place.

Go to pacrim.vbarter.com . They basically handle barter for all the asian companies.

Welcome to the Pacific Rim Chamber of Commerce Exchange

We offer you the world's largest barter marketplace, and give you the e-business resources you need to build your bottom line with access to thousands of new customers, stronger cash flow, increased buying power, greater sales volume and access to new markets for sale of your product or service throughout the world. Tens of thousands of business owners and professionals already trade in our global trade alliance. Earn Trade Dollars from these new customers and put your new purchasing power to work running your business, expanding your operations, or enhancing your personal standard of living without spending cash.



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Bob Frey
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Runner and Super were the same person as verified by the IP.


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pharmdman
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quote:
Originally posted by Bob Frey:
Runner and Super were the same person as verified by the IP.


Thank you Bob... I thought so!


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pharmdman
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quote:
Originally posted by superstar:
Hey Looks like we have a few bashers on this board. Let me assue you that i am not anyone else. RUNNER does sound like he's a little on the pumping side, but that's fine with me. Im sure there will be plenty of bashers here to even things up soon.
...

So, now that you've been busted, why should we believe anything you say?!


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Bob Frey
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They won't be saying anything if we can help it.
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pharmdman
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quote:
Originally posted by Bob Frey:
They won't be saying anything if we can help it.

LMAO!.. come on, Bob... let'em post one more time so we can hear this!... it oughta be a doozie!


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Bob Frey
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NOPE
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pharmdman
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quote:
Originally posted by Bob Frey:
NOPE

LMAO! for real! did that IP address happen to match anyone that was 'previously' posting?! I'd be very interested to know


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