-------------------- The sun even shines on a dogs ass someday....Patience my friend your day will come one day! Posts: 429 | Registered: Jan 2005
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Businesses on Bentley Commerce's Affiliate Barter Exchanges Offered Free NSF Check Recovery, While Exchanges Share in State Authorized Recovery Fees
Friday , February 25, 2005 06:02 ET
SARASOTA, FL, Feb. 25, 2005 (MARKET WIRE via COMTEX) --Bentley Commerce Corp. (OTC BB: BLYC) (www.bentleycommerce.com), the leader in Internet and point of purchase barter and trade, will offer its affiliated exchanges the CollectAChek (www.collectachek.com) system to recover 100% of the face value of NSF (Non Sufficient Funds) consumer checks, up to $2,500, with no cost of collection to their member businesses, while giving participating exchanges a share of state-authorized recovery fees.
The program, provided through CollectAChek, a company affiliated with Bentley Commerce, 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. Bentley Commerce and its affiliated exchanges that provide this program, will each earn a portion of the cash fees generated, creating a new revenue stream.
"This is part of our ongoing efforts to offer innovative revenue opportunities to our online affiliate exchanges, which handle transactions for approximately 18,000 businesses, as well as our offline line Trade Exchange Network that works with an estimated 50,000 businesses," said Bentley Commerce CEO, Bruce Kamm. "NSF recovery is a service highly valued by businesses that our member exchanges will now be able to provide for free to their member businesses, while we and the exchanges earn cash from the recovery fee, each time a check is recovered."
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. It will offer its NSF free check recovery services to all of the businesses in all of the exchanges in Bentley Commerce's Global Trade Alliance.
About Bentley Commerce Corporation:
Bentley Commerce Corp. has created the world's largest online collaborative barter marketplace. Through the Company's development of seamlessly integrated online barter services, barter transactions can be processed over the Internet or at a merchant terminal at the point of purchase in real time, using the Company's proprietary "VirtualBarter" software. Bentley intends to serve as a clearinghouse for barter trades for Fortune 500 trading partners; scores of barter exchanges that serve companies of all sizes; corporate barter companies that serve large multinational corporations, trade associations, chambers of commerce and their member companies.
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.
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agree..great volume..charts r looking good! I think this one has a great short term potential.. I'm in!
Posts: 218 | From: Grungteb | Registered: Nov 2004
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look at this stock....that resistance is pretty hard to break...anyone left in this one?...look at the l2's...a little more volume and this is going to the sky
Posts: 1207 | From: between buffalo and rochester NY | Registered: Feb 2005
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