posted
IVE HAD MY EYES ON BLYC FOR A WHILE AND NOTICED THAT THIS PAST WEEK IT HAS MOVED UP CONSIDERABLY, WITH VERY LITTLE SELLING. PUSHING THE 200 DAY MOVING AVERAGE WITH LITTLE OR NO SELLING AT ALL. NEXT WEEK SHOULD BE REALLY EXCITING. IF IT BREAKS THE 200 DAY THEN LOOK OUT .08 HERE WE COME. COULD BE EXPLOSIVE! RUNNER!
Posts: 6 | From: detroit, mi 48324 | Registered: Jun 2004
| IP: Logged |
quote:IVE HAD MY EYES ON BLYC FOR A WHILE AND NOTICED THAT THIS PAST WEEK IT HAS MOVED UP CONSIDERABLY, WITH VERY LITTLE SELLING. PUSHING THE 200 DAY MOVING AVERAGE WITH LITTLE OR NO SELLING AT ALL. NEXT WEEK SHOULD BE REALLY EXCITING. IF IT BREAKS THE 200 DAY THEN LOOK OUT .08 HERE WE COME. COULD BE EXPLOSIVE! RUNNER!
posted
Runner! you should be a professional copy writer. i can almost hear the announcer reading the ad! ~BB
Posts: 2651 | Registered: Apr 2004
| IP: Logged |
posted
Hi. Im new here as well. I hope this is better than R B. I found this site on a search. Is BLYC a good pick. I looked at the charts and it looks like it is moving well. Thanks for your time.
posted
YES, IM HERE TO EDUCATE AND ENCOURAGE OTHERS TO JOIN THE FUN. THE STOCK IS MOVING AND PUSHING THE 200 DAY MA. WILL BE FLYING SOON! I PICKED UP A LOAD TODAY AT .029 AND PLAN ON HOLDING UNTIL I SEE .08 SOMETIME SOON! RUNNER!
Posts: 6 | From: detroit, mi 48324 | Registered: Jun 2004
| IP: Logged |
posted
Hi I was doing some more DD and found out that the CEO actually bought some shares at .05 a few weeks before he bought them at .03! Nice! I will pick a few up on Monday! queenbee
Posts: 7 | Registered: Jun 2004
| IP: Logged |
posted
What about the $7.5 million that they have on their quarterly in Resort property that will be converted to cash. That looks pretty good and could dramatically impact their financials. queenbee
quote:Originally posted by mizzou7: I have had shares in BLYC for a long time...
Here is the answer, there has been a lot of inside buying at Bentley...
The word is, some very big news is coming soon.. the biggest news yet... I'm still waiting...
Not real happy with the results of this company, but I think it will have a run very soon... IMO
posted
I almost never look at the company in ST...which if in my book, less than a year...(but it's just me...) IMO this company will do great rest of this year and this coming one...I'm holdin mine strong until $5 mark... been freakin hard to get in to load last two weeks...no one is sellin...good sign...
Posts: 21 | Registered: Jun 2004
| IP: Logged |
posted
I was looking at the charts and there is huge buying this past week. With the Ceo buying so much and the volume upticking... It's looking very exciting! I hope i can get in before the next PR. queenbee
quote:Originally posted by makingMILs: I almost never look at the company in ST...which if in my book, less than a year...(but it's just me...) IMO this company will do great rest of this year and this coming one...I'm holdin mine strong until $5 mark... been freakin hard to get in to load last two weeks...no one is sellin...good sign...
posted
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
Bentley Crump Barter Network Eliminates Interexchange Fees to Encourage More Trading Between Exchanges
LOS ANGELES, Mar 9, 2004 (BUSINESS WIRE) -- 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.
SOURCE: Bentley Commerce Corporation
CONTACT: Bentley Commerce Corporation Bruce Kamm, 646-825-9001 bkamm@bentleycommerce.com www.bentleycommerce.com or Morgan Beaumont, Inc. Linda Sheppard, 941-753-2875 ext. 2002 Linda@morganbeaumont.com www.morganbeaumont.com
[This message has been edited by superstar (edited June 11, 2004).]
posted
Bentley Commerce Launches Global Broker Network to Channel Business to its Corporate Trade Group
LOS ANGELES, Mar 16, 2004 (BUSINESS WIRE) -- 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.
About Bentley Corporate Trade Group:
Bentley Corporate Trade Group is a global alliance organization set to enable barter, trade, countertrade, asset management and alternative capital and financial transactions for Fortune 500 and Global 3000 companies, governments, and barter exchanges. The division enables execution of traditional trade transactions that greatly expand liquidity and bottom line profitability. It is part of Bentley Commerce Corporation, 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.
[This message has been edited by superstar (edited June 11, 2004).]
posted
Had a position on this for awhile. Think RUNNER & QUEENBEE are one & same or partners. VAN
Posts: 1424 | From: Peoria, IL. USA | Registered: Oct 2003
| IP: Logged |
posted
Bentley Commerce Processes $5.28 Million in Trade Volume, Earns $15,000 in Trade Fees in Its Second Month as an Operating Company Monday March 22, 6:00 am ET Bentley Commerce's Online Global Trade Marketplace Grows to $443 Million in Products and Services Offered for Trade
LOS ANGELES--(BUSINESS WIRE)--March 22, 2004-- In just its second month as an operating company, Bentley Commerce Corp. (OTCBB:BLYC - News) processed $5.28 million in total trade volume during February 2004, earned $15,000 in trade fees, and listings on its global trade marketplace increased to $443 million. "The dramatic 164% increase in trade volume, from $2 million in our first month to $5.28 million in our second month," said Bruce Kamm, Bentley Commerce's CEO, "is a result of the new exchanges we brought online and the wide array of products and services offered for trade by their member businesses, coupled with an increasing number of corporate trade transactions.
"Although trading fees may appear to be nominal in February, we anticipate that the larger amount of trade volume will generate fees in future months," continued Mr. Kamm. "This is because on larger transactions, Bentley Commerce may not receive its fees from the initial trade, but rather when the company that sold the product or service spends the trade credit it received. Additionally, corporate trade transactions often take time to remarket the acquired assets to cash buyers and exchange members.
"We believe that the tremendous growth in trade volume from the first to the second month is a clear indication of how our online trading system can grow exponentially and the potential we have for future cash revenues," said Mr. Kamm. "It tangibly demonstrates confidence in our systems and in Bentley Commerce's universal trade currency used for inter-exchange trading.
"The 34 independent trade exchanges and 2 enterprise exchanges that are now online with Bentley's state-of-the-art Virtual Barter 3.0 Software and trade exchange management system, manage barter and trade transactions for approximately 9,500 small to midsize companies," said Mr. Kamm. "We are now negotiating with nine large exchanges that have about 10,000 members, to join our worldwide network and use VirtualBarter. This could rapidly double the online member base. Trading increases as we attract more exchanges that bring their members online. This creates increased trading fees and remarketing revenue."
[This message has been edited by superstar (edited June 11, 2004).]
posted
Bentley Commerce Launches an Online Barter Exchange for Minority and Women Business Entrepreneurs with 2,000 Members of MBNet.com
LOS ANGELES, Mar 30, 2004 (BUSINESS WIRE) -- Bentley Commerce Corporation (OTCBB:BLYC), the leader in Internet based barter and trade, together with the Minority Business Network (www.MBNet.com), has launched an online barter exchange for minority and women business entrepreneurs. It will begin by serving MBNet.com, the premier online resource for minority and women's businesses with 2,000 members from 42 countries. By being part of Bentley Commerce's global network of trade exchanges, the new exchange located at www.mbnet.vbarter.com, will offer minority and women business owners entrance to the world's largest barter marketplace. They will be able to trade their excess inventory and capacity for an extraordinary range of products and services to operate their businesses, while conserving precious cash. Most important, they will have new e-business resources available to them that includes access to thousands of new customers, potentially stronger cash flow, increased buying power, greater sales volume and entrance to new markets for the sale of their products or services throughout the world.
Bentley Commerce (www.bentleycommerce.com) will provide its VirtualBarter trade exchange management software and global trade marketplace, host and manage the exchanges, provide customer service and have its team of experienced trade consultants assist members to learn about trade opportunities. The Minority Business Network (www.MBNet.com) will provide marketing and promotion for the new barter exchange and add trading information to its websites to teach minority and women business owners about the benefits of barter, and how they can use barter to increase sales and reduce their operational expenses.
About The Minority Business Network -- MBNet.com:
Originally conceived in the fall of 1995 to centralize the efforts of organizations, associations and groups committed to the minority business community, MBNet.com is now one of the premier resources for Minority Business Activity on the Internet. It provides minority and women business owners with advanced methods for marketing, supporting and growing their businesses. MBNet.com also provides major corporations, government agencies and small businesses with an online directory of minority business enterprises.
About Bentley Commerce Corporation:
Bentley Commerce Corporation is a business-to-business, e-commerce company that provides a new Internet marketplace and distribution channel for worldwide barter and trade. Its seamlessly integrated family of online barter services includes VirtualBarter, Internet-based software that enables independent exchanges and their members to manage, merchandise and market their products and services to a worldwide network of trade exchanges. In addition, its Bentley Crump Barter Network is comprised of 180 independent barter exchanges located in North America and about 50,000 small to midsize businesses that trade through them. Bentley Corporate Trade Group assists companies to sell their excess inventory, production or capacity at full value for cash equivalent trade credits, rather than liquidating it for pennies on the dollars.
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
Bentley Commerce to Acquire $2.5 Million in Resort Condos in Exchange for Trade Credit to Complete a Caribbean Resort Hotel Wednesday March 31, 6:00 am ET
LOS ANGELES--(BUSINESS WIRE)--March 31, 2004--Bentley Commerce Corporation's (OTCBB:BLYC - News) 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 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
[This message has been edited by superstar (edited June 11, 2004).]
posted
Bentley Commerce Launches Its First Asian Pacific Online Trade Exchange Through an Alliance with the Pacific Rim Chamber of Commerce
LOS ANGELES, Apr 1, 2004 (BUSINESS WIRE) -- Bentley Commerce Corporation (OTCBB:BLYC) the leader in online barter and trade, has launched an online barter exchange with the Pacific Rim Chamber of Commerce, a non-profit organization of about 6,600 entrepreneurs, executives and leaders from across the globe that are engaged in trade and industry within the Pacific Rim region of the world. "We believe that this is a major step in expanding Bentley Commerce's growing online global trade marketplace into Asia, and especially China, the world's fastest growing economy," said Gordon Lee, Bentley Commerce Chairman, who engineered the alliance with Holmes Stoner, Chairmen of the Pacific Rim Chamber of Commerce. "Through Online barter and trade, companies both here and in Asia will enjoy access to new markets, entrance to thousands of customers and be able to trade their excess inventory and capacity for an extraordinary range of products and services to operate their businesses, while conserving precious cash."
Bentley Commerce (www.bentleycommerce.com) is sharing in the revenue derived from trading on the Pacific Rim Trade Exchange. It is providing its VirtualBarter trade exchange management software and global trade marketplace for the new exchange located online at www.pacrim.vbarter.com. It will host and manage the exchange, provide customer service and have its team of experienced trade consultants assist Pacific Rim members to learn about barter and trade opportunities. Most important, members of the new Pacific Rim Trade Exchange can participate in the Bentley Crump Barter Network, a collaborative ***********work of 180 trade exchanges and 50,000 mostly North American businesses that trade through them.
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 Gordon Lee, 310-445-2599 glee@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.
-0-
KEYWORD: CALIFORNIA INTERNATIONAL ASIA PACIFIC INDUSTRY KEYWORD: RETAIL SOFTWARE E-COMMERCE INTERNET PRODUCT
[This message has been edited by superstar (edited June 11, 2004).]
posted
Seven More Barter Exchanges Join Bentley Commerce's Global Network and Use Its VirtualBarter Software, Including Industry Leader, Alliance Barter
LOS ANGELES, Apr 13, 2004 (BUSINESS WIRE) -- 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.
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 or Alliance Barter. Inc. Steve Webster, 585-244-0600 swebster@alliancebarter.com www.alliancebarter.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.
-0-
KEYWORD: CALIFORNIA INTERNATIONAL CANADA INDUSTRY KEYWORD: RETAIL SOFTWARE E-COMMERCE INTERNET PRODUCT
posted
come on man...let ppl do their own DD... jk my friend...but since i've read those already i had to move my fat finger too much...not i'm panting...crap...
BTW...was that last week or so that insider accumulating? i thought it was month ago... i better check the date again... day to day volume was low...not too low...but lower than where i wanted it to be...but again no sweat... this company will be huge and pay us all real well in coupe of years...
posted
Bentley Commerce to Launch Media Trade Marketplace with Cybertech Marketing Inc., and Secures Product Placements on its Televised USA Shopping Network
LOS ANGELES, Apr 20, 2004 (BUSINESS WIRE) -- In BW5581 issued April 20, 2004: Contact for Cybertech Marketing Inc. should be Pete Pilcher, 818-974-0316 (sted Thomas Wahl, 705-438-8025). The corrected release reads:
BENTLEY COMMERCE TO LAUNCH MEDIA TRADE MARKETPLACE WITH CYBERTECH MARKETING INC., AND SECURES PRODUCT PLACEMENTS ON ITS TELEVISED USA SHOPPING NETWORK
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.
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 Bruce Kamm, 646-825-9001 bkamm@bentleycommerce.com www.bentleycommerce.com or Cybertech Marketing Inc. Pete Pilcher, 818-974-0316
posted
Thanks for the note. Problem is that i think too many people are too lazy to actually do their own research. I figured I'd do my best to help out. I own a substantial amount and have always believed in their business model. Im suprised nobody has been paying attention until now. MM's bring it down on light volume and suddenly it explodes north on strong volume. And so it goes... Please don't mind me. superstar
quote:Originally posted by makingMILs: come on man...let ppl do their own DD... jk my friend...but since i've read those already i had to move my fat finger too much...not i'm panting...crap...
BTW...was that last week or so that insider accumulating? i thought it was month ago... i better check the date again... day to day volume was low...not too low...but lower than where i wanted it to be...but again no sweat... this company will be huge and pay us all real well in coupe of years...
posted
Note the last 3 days volume. Wednesday was like 20 times avg volume. Maybe 30 or 40 times. I mean it's trading 300,000 shares down and explodes north on 18 million share volume with little selling in the following days. Something is up. Im not sure if that was insider buying. Looked retail to me. superstar
quote:Originally posted by makingMILs: come on man...let ppl do their own DD... jk my friend...but since i've read those already i had to move my fat finger too much...not i'm panting...crap...
BTW...was that last week or so that insider accumulating? i thought it was month ago... i better check the date again... day to day volume was low...not too low...but lower than where i wanted it to be...but again no sweat... this company will be huge and pay us all real well in coupe of years...
posted
You are right. Im posting it to simply paint the picture for anyone that hasn't read the news nor understands barter. Once again. Don't pay attention if you have already read it. Good luck to you. superstar
posted
This is a good company with a few negatives. They have a great concept which should catch on but they're financing everything through issuance of new shares. I've been in this one since the middle .02's, watched it run to over .06 and am still holding. The recent volume surge is due to a massive e-mail campaign from another stock site. A guy who used to be a poster here (darned good one too) started up another site and he has made BLYC his current pick. Whenever he does this, the stock he picks makes a run for a few days then settles down. However, based on his picks fundamentals, he's usually right, so in time, this one should take off again.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
| IP: Logged |
posted
Really. I was wondering why Bentley was moving. Seems pretty dramatic that one person could help a stock go from a few hundred thousand shares to millions and millions. How can i get on this email list?
You are right though. The chart is now looking very bulish. It's kind of exciting. We shall see what happens. The float is still relatively small when you compare it to most penny companies. I can not imagine too much overhead with an internet based company. superstar
quote:Originally posted by Upside: This is a good company with a few negatives. They have a great concept which should catch on but they're financing everything through issuance of new shares. I've been in this one since the middle .02's, watched it run to over .06 and am still holding. The recent volume surge is due to a massive e-mail campaign from another stock site. A guy who used to be a poster here (darned good one too) started up another site and he has made BLYC his current pick. Whenever he does this, the stock he picks makes a run for a few days then settles down. However, based on his picks fundamentals, he's usually right, so in time, this one should take off again.
[This message has been edited by superstar (edited June 11, 2004).]
quote:Originally posted by Upside: This is a good company with a few negatives. They have a great concept which should catch on but they're financing everything through issuance of new shares. I've been in this one since the middle .02's, watched it run to over .06 and am still holding. The recent volume surge is due to a massive e-mail campaign from another stock site. A guy who used to be a poster here (darned good one too) started up another site and he has made BLYC his current pick. Whenever he does this, the stock he picks makes a run for a few days then settles down. However, based on his picks fundamentals, he's usually right, so in time, this one should take off again.
posted
Bentley Commerce Corporation to Acquire an Equity Interest in CollectAChek, Premier Check Collection and Cash Management Specialists
LOS ANGELES, Apr 21, 2004 (BUSINESS WIRE) -- 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
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.
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
