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Barter is a legal means of exchange and an excellent way to avoid the use of the debt-slave creating Fed. Bank notes (book entry paper created out of thin air and representing debt to the private central bank plus, interest...let's also not forget about their fractional reserve banking scam...which is the same flawed philosophy which allows naked shorting to occur on Wall St....courtesy of the DTCC/Fed. Bank. Yeah, let's talk about the real scams!).
Here's a link to another form of barter that's got the corrupt Fed bank complaining:
Link: http://www.investorshub.com/boards/read_msg.asp?message_id=13537914
Ask what happen to this deal!!!
Breaking News
Bentley Commerce to Acquire $5 Million in Resort Condos and Suites in Exchange for $5 Million Trade Credit to Complete New Resort Hotel
06:02 EST Tuesday, February 24, 2004
LOS ANGELES (Business Wire) -- Bentley Commerce Corporation's (OTCBB:BLYC) new Corporate Trade Group will provide $5 million in cash equivalent trade credit funding to a Caribbean resort in exchange for an equal amount of resort condos, suites and rooms 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 first trade credit funding of a resort, was engineered together with Intertrade Capital Group, its strategic alliance partner. It will assist a U.S. based company that specializes in resort and hotel development to complete one of its Caribbean resorts located on the North Coast of the Dominican Republic near Cabarete. It includes a 340-acre master-planned residential beach-front resort community, a 180 all-suite condo-hotel and conference center, plus approximately 300 homesites, an 18-hole golf course, sites for additional hotels, a commercial shopping center and casino.
Under the agreement signed this week, Bentley Commerce will advance $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 also has an option to receive a 10% equity share of the completed $100 million resort village project for $1 million in Bentley Commerce stock, pursuant to the resort reaching certain milestones. 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 will result in substantial revenue. We will also market some of the room nights for trade dollars. Our hospitality trade credit funding initiative will also provide us with an inside track on resort hotel rooms for barter, one of the most demanded areas of personal and cooperate barter, as well as present us with excellent opportunities to obtain equity positions in new resorts.
"Bentley's Hospitality trade credit funding initiative 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."
In Other News:
An agreement with Intertrade Capital Group to provide Bentley Commerce Corporation with the ability to facilitate trading under its corporate accounts receivable trading format was signed today. Intertrade will market and promote Bentley's corporate and industrial trading business and will negotiate and enter into Accounts Receivable Purchase Agreements. Intertrade will also manage the utilization or unwinding of cash credits by providing Bentley's corporate and industrial trade clients with cash equivalent credit spending opportunities. The agreement also joins the Bentley Crump Barter Network with Intertrade's team of international trade finance and corporate barter specialists. Bruce Kamm, new CEO of Bentley Commerce Corporation, is the founder and managing Director of Intertrade.
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.
Bentley Commerce Corporation
Bruce Kamm, 646-825-9001
bkamm@bentleycommerce.com
www.bentleycommerce.com
I remember the past and I'm sure many others do too. Nothing but smoke and mirrors. The ATM@Home, Kryptosima, World Trade Financial, Virtual Money, Inc., Harry, Millenium Exchange , FNIN, Bartercard USA, Crump, HMS Blue, the phantom resort hotel, Collect-A-Check, Blackfunnel and all the other non-profit exchanges and so on etc...
I think somebody is still wearing those same socks waiting for Bruce to blow them off. Either that or it's the stench of a diluted pinkie pig.
Yes...they've put today's on the site. eom.
It is back up at 3:15 pm eastern
Yes...I just got the same type of message. Perhaps, they are redoing that site. We'll see.
It could just be me...but when i go to bentleycommerce.com i get an error message...
If you are the owner of this web site you have not uploaded (or incorrectly uploaded) your web site. For information on uploading your web site using FTP client software or web design software, click here for FTP Upload Information.
could someone else verify 2:58pm eastern time
Remember the past (I will), and let's see what happens this time around. I'm certain there are folks with positions/interests on both sides of this stock. Mine just happens to be in favor of upside pps movement now...and I never plan on shorting anything FWIW.
You're right, it is news and a PR...
But so was Collect-A-Check.
2 or 3 times.
Well if so, folks better keep their firewalls up and clear their cookies often. None the less, it was a pr and news. I didn't realize the previous post had a link too this pr also.
No hype...no bash...just looking for the truth and a possible return on my investment. I'll wait.
LMAO, Weatherbug=Spyware/Adware
Bentley Commerce to Market $1 Million in Fourth Quarter Radio Advertising for Radio Forecast Network
BEVERLY HILLS, CA, Sep 27, 2006 (MARKET WIRE via COMTEX) -- Bentley Commerce Corporation (PINKSHEETS: BLYC) (www.bentleycommerce.com) will market $1 million in fourth quarter 2006 spot advertising for Radio Forecast Network (www.radioforecastnetwork.com), a premier provider of "Powered by Weatherbug" (www.weatherbug.com) weather reports. Radio Forecast Network acquires advertising time in exchange for its weather forecasts for about 125 radio stations nationwide.
Bentley Commerce is offering the advertising at very favorable rates, and will accept partial payment in trade for a national advertiser's excess or unsold inventories. This enables a company to trade unwanted inventories or excess capacity at full value, rather than pennies on the dollar, and acquire valuable advertising, especially during the important holiday season.
Companies interested in expanding or economically acquiring fourth quarter advertising can review the details of this million-dollar media offer at www.bentleycommerce.com. Interested buyers should email bkamm@bentleycommerce.com or send a fax to 941-827-9777.
About Radio Forecast Network:
Radio Forecast Network, which began with one station and one announcer in February 2004, has grown to more than 60 professional announcers and meteorologists with over 878 years combined Radio and TV experience. It uses its own proprietary announcer software, ManageWX, to deliver and monitor nearly 18,000 forecasts a month and advertising insertion orders along with proof of performance affidavits. Its announcers deliver personalized weather feeds for local radio stations for their precise coverage area that can include the stations' call letters, an open and close, a weather jingle and even a sponsor, all at 100% barter.
About Bentley Commerce Corporation:
Bentley Commerce Corporation (PINKSHEETS: BLYC) (www.bentleycommerce.com) is an ecommerce business-to-business services provider that established a collaborative online barter marketplace. The Company offers alternative payment methods including trade, as well as trade funding, management services and systems to small and mid-size 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.
Contact:
Bruce Kamm
Contact via http://www.marketwire.com/mw/emailprcntct?id=8BB45DE3D8AA8680
Phone: 941-870-4952
Fax: 941-827-9777
www.bentleycommerce.com
SOURCE: Bentley Commerce Corporation
CONTACT: http://www.bentleycommerce.com
Copyright 2006 Market Wire, All rights reserved.
Back to work!
http://finance.yahoo.com/q?s=BLYC.PK
Yes!!!
It's called planning the new "SCAM"!!!
Flurry of buys at the close..next week will be good//IMO
something brewing in BLYC land?? buys going through!!
Be where-we, where-we quiet… I’m wabbit (CEO) hunting…
I really like the price / volume pattern I see above. That is a classic buy signal. PPS and volume down for a long time, then one hump of acitivity just before it takes off.
Bid .001 , Ask .0018, Last .0014
Spread is more than half of the PPS.
So, someone either has to dump, or buy hard.
I think Bruce lives in New York city again now.
So what do we know?
1) More shares were bought than sold over the last two weeks. (Not to mention over the last year, someone could have made a bundle just bottom feeding.)
2) Volume was fairly steady until Thursday when "excessive exuberance” started to set in.
3) The PPS is still up about 300% since the last PR.
4) The sell off was sudden, and not really typical of someone taking profits.
So what don’t we know?
1) Who was doing the buying and selling?
2) What is the future of this company?
3) What’s in the settlement agreement? Does anyone live in Florida to find out?
Typical day after this many up days....gotta absorb that gain.
Hope you cheerleaders took profits while you had it....
I wouldn't be surprised to see this pig back under .001 next week.
f1fans..small gap from yesterday on the chart...0021 area....plus 1 day sideways would not be bad.IMO
hey, BLYC is going the wrong way this P/M !
We've seen Bentley's reports. Now show me the DTCC/Fed's. No, that can't be done 'cause it's illegal and they (mostly foreigners and billionaires and trillionaires many times over) won't allow this...'cause they and their army of lawyers and sycophants have BK'd this country, stolen our gold, destroyed our currency with a fiat money debt and interest/un-backed perpetual debt enslaving scam.
The central bankers are the parasites.
I like what Andrew Jackson did to the banksters in his time...he killed the bank! That's a real hero in my book.
The Fed??? Well, who knows if they even have to keep records. You don't have to have keep 'em if, you make all the laws, control/own the government...a limited liability corp...control the media...and completely control the money of this country...which in fact, only represents debt to the Fed. Bank.
Yeah well, you come in here and pick on this dinky co... big deal. That takes lots of courage huh? Like I say about the folks who always come by and tell people how bad their stock/company is...why do you care? And believe me you don't need to answer. I think there's maybe 5 or 6 shorters of BLYC/BTLY posting and following this message board now.
Gee, could one them be you? Maybe the shorters are caught in a bind...maybe some folks have been short BLYC/BTLY for more than 3 years...maybe even five years. Gee...do ya think any of these shorters have leveraged their gains as this co. went down? Naw shorters are too smart. It's the bagholders who are the dummies and marks. Bagholdrs deserve what they get...and that's nothin' right?
The true "opening of the books" needs to occur in these little scam/shell companies like BLYC that seems to only be in business to sell shareholders a "pipe dream"... oh, and millions of shares too.
So well said BSWB....
It's interesting that Bartermania DEMANDS transparency from the DTCC/Fed, and from Wall St., but yet has no problem with BLYC operating in the "dark" of the pinksheets...
Bartermania, you are a 100% true example of the word hypocrite.
Maybe you should have directed this anger towards Bruce when he was CEO of Bentley and was spending $500,000, $600,000, or even more per quarter to operate software that in its best quarter I believe only generated around $90,000.
get out of town......agree
I want to see the DTCC/Fed Bank open their books. I want market makers to disclose all their positions (eliminate all of the Wall St. insider advantages including: ex-clearing trades, special DTCC stock borrow programs, their legal ability to naked short stocks, their market timing advantages....and on and on and on).
If, this is done...ie seeing ALL OF THE TRADES (POSITIONS TAKEN...NOT JUST HERE...BUT, FROM ANY OTHER PART OF THE PLANET TOO) OVER THE PAST 5 YEARS ON BTLY/BLYC...AND IF, WE EVER REALLY GOT THE TRUTH...WELL, I THINK IT WOULD PAINT A MUCH DIFFERENT STORY ABOUT WHAT MAKES THIS COMPANY'S STOCK PRICE GO UP AND GO DOWN.
Like I said...let the people decide...in a real market...not a corrupt and scamming Wall St., DTCC/Fed bank money vacuum machine.
Shares O/S and pps don't tell me much at all. I want to see Wall St.'s and the DTCC/Fed's trading records and book...NOW.
You're right when you say the market is "littered with companies that are extraordinarily overvalued.". The factors I pointed out, assets and all the rest, are part of the reason why. So is forward looking sentiment. When SIRI didn't have quite as many shares, was announcing new deals with auto manufacturers, bringing in hot talent for a reasonable cost and putting out new products sentiment was that they were worth more. Then they make stupid moves and end up where they are now, not too far off the 52 week low.
Furthermore this isn't the street, this is the pinks. This is a company with a poor (at best) track record. The only assets I'm aware of is the software, which any programmer with business and finance knowledge could easily duplicate and some depreciated office furniture. They've had like 5 CEOs in about a 3 year period. I believe 3 different business plans and have pretty much already said that a new one is coming.
IMO this had already been reduced to a traders stock when it was proven that Barter wasn't going to have them rolling in dough despite the CEOs obvious vast experience in the field. Now that they're on the pinks they've lost even more credibility and are now only on the radar for bottemfeeders, momo players and pumpers.
Now, I'm not saying that we can't all make money along with them, I have, I know others have and likely you have too based on your newfound interest here. However, the underlying fundamentals haven't changed and there will be those buying on these higher daily highs that are gonna be holding the bag.
You obviously don't know anything about me so don't assume to know what is beyond me or what I believe. Keep to the stock and tell me why you feel that it does deserve a 10M market cap. The argument that just because other companies out there have it doesn't hold water. Alot of those companies are houses of cards which will get knocked over, as most shams eventually do.
Anyone want to compare BLYC to this stock SLJB? Seems to be the talk of iHub now. Like USXP was for a time earlier this year.
I don't know much about it but, it looks like it's the stock of the year (to the best of my knowledge...a 70,000 percent plus gainer!)...and I thought USXP was gonna be the stock play of the year. Sheesh!!!
Have fun people with this position... you will need street smarts and a lot of luck!!! good luck all, even you John(?).
To keep posting here is wasting my time and yours...
mizzou7
100% wrong when I supported this POS!!!
My point is that the street values companies based on factors that are beyond your ken. Furthermore Wall Street isn't as efficient as you have been led to believe. So BLYC could sport a marketcap of 100M and it wouldn't be out of the question. The stock market is littered with companies that are extraordinarily overvalued.
SIRI is a pig too, so what's your point?
I haven't been in SIRI for some time now (sold out last position for a small loss) but don't see how you could compare.
Assets, licenses, satellites, broadcast facilities, recurring revenue, name recognition and OEM auto installations as a starter.
What does BLYC have?
An egotistical CEO who thinks he can turn an outdated business idea into millions. He's already proved it won't work.
FWIW, SIRI is going to have to do something about that share count to ever become attractive again IMO. Either a R/S, SIRIous buyback & retirement or them & XM merge and start fresh now that sat radio has a decent following.
I think BLYC is gonna have to R/S also.
All just my opinion of course.
Addendum: SIRI sports a marketcap 1,410X that of BLYC. All because that perfumed pig lost 1.19B last year. Wash your mouth out with soap for even considering that 10M is to high a marketcap for BLYC.
Seems reasonable to me. Well argued too...from the facts I see, and from what I understand and believe to be true.
For comparisons sake: SIRI has a marketcap of 5.66 billion, 1.41 B shares outstanding and a trailing 12 month loss of 1.19B. So why is it so out of the question that BLYC sport a tiny marketcap of 10M . SIRI sports a marketcap 1,410 times that of BLYC.
Go compare it to that lipsticked pig SIRI. BLYC comes out smelling like a rose.
It deserves whatever the people want to valuate it's stock at! And not whatever some folks think they can push it down to...behind closed doors...with their self-serving laws and huge advantages...steal via manipulation (largely to the downside...which most cannot do)...because of the people's ignorance and trusting nature.
Wake-up people. Companies like this...though it's very small...are a threat to the Fed's monopoly on our currency and stocks. The concept of barter is very cool and it was the original way trades were made before the money-changers/wealth stealers decided they wanted to be the middleman/person and much more. I'm talking about a great concept...barter...which is fighting it out with the world's central bank's fiat/debt/non-backed/interest charging paper scam.
Look into these thing and make-up your own mind as to what is more or most likely true.
This is about the only line in that post I find applicable:
"because it's all unproven, unverified, unaudited and non-transparent...which is the way a scam/swindle would prefer to operate...in the dark and without anyone being the wiser."
Kind of like operating on the pinkies isn't it?
Oh yeah, and it should have never been up as high as .07 anyways, that was pure pump/hype and with no substance to it.
Also, I didn't say (this time) that you were pumping it. I was just commenting on your price predictions.
BSWB
Re Market cap of 10 Mil:
So a company that, at what was supposed to be it's best time yet, stated this in the last quarterly deserves a 10M market cap?
Net loss applicable to Common Stock was $1,603,850 for the nine months ended March 31, 2005
It has come down. How does one get from .07 cents in April 2004 to .0003-.0004 cents this past summer? When the share count has only gone up 150%? From 400 million shares to roughly 1 billion shares now? Increase the shares O/S 150% and get a pps decline of 23,333% ???? .07 cents divided by .0003 cents. Using an O/S of 1 billion shares. It makes no sense to me. I say let me see...let us see the DTCC's books. I want to know all the position taken on this stock (without names...but, the honest, actual and complete book for the trading/betting for this stock...deals between MM's ex-clearing, the DTCC's stock borrow program for FTD's and all!) Until, the closed shop stock markets are an open book for all to see regarding all positions taken/bets placed...then, nothing anyone says about what this stock will do and why...what it has done and why...and so on means a darn thing to me...because it's all unproven, unverified, unaudited and non-transparent...which is the way a scam/swindle would prefer to operate...in the dark and without anyone being the wiser.
Folks want facts...folks talk bout BLYC's financials...well, I want the world population to see the the Fed/DTCC's unaudited books...IF, THEY EVEN KEEP ANY. The folks who controls our fiat money in this country and our stock markets have neve been audited. They are worth trillion and they've put nearly the entire world society into and under a perpetual debt scam.
And regarding the current pps move...I'm not pumping it...and I firmly believe BLYC can be manipulated from the outside...Wall St and more...so, I make no pps bets.... I didn't give a time frame for the .0040 cents and .0070 cents resistance levels (which is also useless to do IMO)...though I do think they will be tested. As for .01 cents we'll see. IMO, that will likely take some help from this company to get there. We'll see. And I would like to see the Fed thrown out of this country and our money and stock markets put back under our control. NEVER BEEN AUDITED...LARGELY OWNED BY FOREIGNERS AND PRINTING DEBT MONEY, CHARGING US INTEREST AND USING UNBACKED FRACTIONAL RESERVE BANKING....WHY WOULD THEY BE ANY DIFFERENT WITH THE STOCKS? IMSO, THEY ARE NOT.
Whoopie do da, 1 penny would give it a market cap of 10 mil. What's so outrageous about that?
Per T/A: 951,909,350 shares outstanding as of today.
As for the rise, I agree with Barter to a point, it was pretty much considered a dead issue and now with news, no matter how insignificant, it's bound to get a rise.
How long can it continue where I deviate from Barters thinking though. I have a hard time seeing ot going up another +400% from here to hit a penny. Especially with little to no revs and about to be a billion shares.
Now if the king of PR's & pumps Gordon was leading the way I'd say there's be more of a chance.
Just look at a 1 yr chart and remember the saying, What goes up must come down.
I think we saw MM action at the bell. The last transaction went from .0027 to .0023 in a blink of an eye in the last 15 minutes of the trading day. On top of that, the spread (Bid / Ask)was from .0023 to .0027. That's basically a lock out spread. My read is the MMs want the price to go up at a prescribed rate.
Could mean a big bounce tomorrow.
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