The lifeblood of any business its new clients. International Monetary Systems, Ltd. (OTCBB:INLM), a worldwide leader in business-to-business barter services, today provided its sales volume and revenue figures for May. Once again, the company had substantial increases in gross revenue, trade volume and client enrollments.

The May 2007 results are:

* Trade Volume for the month totaled more than $9.3 million. (This amount represents sales only — just one side of the transactions.) The total represented an increase of 90% over the $4.9 million in trade volume processed in May of 2006

* Gross Revenue billed was $1.1 million, compared to $625,000 for May of last year, a 76% increase.

* New-Client enrollments established another all-time high, with 290 new members joining the barter network in May of 2007. This was more than triple the 82 new members signed up in May of last year.

The totals listed above are taken from the company’s internal records and have not been audited.

International Monetary Systems conducted its annual shareholder meeting on June 12, 2007, with all items overwhelmingly approved. John Strabley, Gerald Van Dyn Hoven and Stephen Webster were re-elected to three-year terms as directors, and Webb and Company, P.A. was ratified as auditors for the company’s 2007 financial reports.

For more information on International Monetary Systems and National Trade Association see top of page, “Site Sponsors.”

This entry was posted on Monday, June 18th, 2007 at 6:25 am and is filed under Industry News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.