http://barternewsblog.com/2007/12/27/itex-largest-us-barter-co-offered-21-million-by-western-sizzlin/ Up to date information on what's happening in the barter world. Sun, 01 Aug 2010 07:21:03 +0000 http://wordpress.org/?v=2.1.3 http://barternewsblog.com/2007/12/27/itex-largest-us-barter-co-offered-21-million-by-western-sizzlin/#comment-1637 Peter Tucker Toronto Thu, 27 Dec 2007 23:13:38 +0000 http://barternewsblog.com/2007/12/27/itex-largest-us-barter-co-offered-21-million-by-western-sizzlin/#comment-1637 Hello Bob more of a question than a comment, wondering why a steak house chain would buy a barter company? Hello Bob more of a question than a comment, wondering why a steak house chain would buy a barter company?

]]> http://barternewsblog.com/2007/12/27/itex-largest-us-barter-co-offered-21-million-by-western-sizzlin/#comment-1638 Bob Meyer Fri, 28 Dec 2007 00:18:56 +0000 http://barternewsblog.com/2007/12/27/itex-largest-us-barter-co-offered-21-million-by-western-sizzlin/#comment-1638 Western contends that its holding company structure would allow surplus cash generated (from other subsidiaries & ITEX) to be used in other investments, including the acquisition of other barter companies. <br /> Western believes additional cost savings would be attained by eliminating the redundant "public company" costs and that such savings would translate into a higher value of Western's stock (greater market capitalization). <br /> Additional barter opportunities (more business)for ITEX would result through Western's other subsidiaries, as well as future acquisitions using the ITEX network. <br /> Western anticipated listing on NASDAQ, moving up from the OTCBB, would enhance liquidity and reduce transaction costs for stockholders enterting & exiting the stock. <br /> And Western believes their "holding company structure" is the ideal model, and would provide ITEX with the ability to focus on the day-to-day operations, letting Western handle the capital allocation responsibilities. Western contends that its holding company structure would allow surplus cash generated (from other subsidiaries & ITEX) to be used in other investments, including the acquisition of other barter companies.

Western believes additional cost savings would be attained by eliminating the redundant “public company” costs and that such savings would translate into a higher value of Western’s stock (greater market capitalization).

Additional barter opportunities (more business)for ITEX would result through Western’s other subsidiaries, as well as future acquisitions using the ITEX network.

Western anticipated listing on NASDAQ, moving up from the OTCBB, would enhance liquidity and reduce transaction costs for stockholders enterting & exiting the stock.

And Western believes their “holding company structure” is the ideal model, and would provide ITEX with the ability to focus on the day-to-day operations, letting Western handle the capital allocation responsibilities.

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