The IRTA Global Board of Directors has unanimously approved one year contracts for the International Reciprocal Trade Association’s (IRTA) Executive Director Ron Whitney and IRTA Administrator and Universal Currency Broker Jennifer Ashworth.

“IRTA and UC are now well positioned to achieve their 2008 goal of increasing overall membership and UC trading volume” said IRTA President David Wallach.
“We are very pleased with both Ron and Jennifer. They have set records for IRTA membership and UC trading volume and provide real and measurable benefits (more…)

Sino Fibre Communications, Inc. (OTCBB:SFBE), a broadband and value added Internet services provider in China, announced that it has entered into a co-operation agreement with China Association of Small and Medium Enterprises (”CASME”) to establish China Business Online Company Limited, a joint venture to explore the Chinese market and introduce e-business and provide barter trade services to Chinese small- and medium-sized enterprises.

CASME is administered by the National Development and Reform Commission to provide business development assistance to Chinese medium and small enterprises in China and abroad. CASME operates across China with branch offices in cities and provinces throughout the country. CASME currently has 580,000 registered members and continues to grow at (more…)

From the barter desk of Bob Meyer…12/18/07


Bartercard Trade Dollars Provide Assist For Children’s Centre

Bartercard UK is one of the sponsors for a new centre for children with sensory and neurological (more…)

Contents in the December 18, 2007, Tuesday Barter Report, published by BarterNews magazine, include the following (more…)

Last Friday’s blog announcement, “Is ITEX (U.S.A. Largest Barter Co.) About To Be Acquired?” created a windstorm of comments. We received feedback in the form of phone calls, faxes, emails and comments following the blog (more…)

ITEX Corporation Announces Results of Annual Meeting And Re-election of Board members, And Confirms Receipt of Unsolicited Highly Conditional Expression of Interest

ITEX Corporation (OTCBB: ITEX), The Membership Trading CommunitySM, a leading marketplace for cashless business transactions in North America, today announced the results of its (more…)

The largest trade exchange in the U.S. may be acquired by a restaurant (steakhouse) chain…

Western Sizzlin Corporation (OTC Bulletin Board: WSZL) today announced that it will commence an exchange offer for all outstanding shares of ITEX Corporation (OTC Bulletin Board: ITEX). The exchange ratio for the offer will be (more…)

From the desk of Bob Meyer…12/11/07


Trade Exchange Bartering Grows In Singapore

This year the BarterXchange brokerage saw its membership rise by 47% to (more…)

Contents in the December 11, 2007 Tuesday Barter Report, published by BarterNews magazine, (more…)

Under the Tax Equity And Fiscal Responsibility Act of 1982 (TEFRA) trade exchanges (barter companies) are designated as third-party record keepers, the same as credit card companies and banks. And they are required to report to the IRS on the trading activities of (more…)