International Monetary Systems Ltd. (fka ITNM)

[Renee]

ITNM: effective April 4,2023: Company Going Private

FINRA will delete the symbol:

https://otce.finra.org/otce/dailyList?viewType=Deletions

[Renee]

ITNM: one for 1,300 reverse split followed by a 1,300 to one forward split.

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[Renee]

ITNM: effective August 1st a one for 10 reverse split:

http://www.otcbb.com/asp/dailylist_detail.asp?d=07/31/2013&mkt_ctg=NON-OTCBB

[WakingBake]

Wondering who was/is selling ITNM lately. The recently departed officers?

[Penny Roger$]

International Monetary Systems Files 2nd Quarter Report
| 8:30 AM |

NEW BERLIN, Wis.--(BUSINESS WIRE)--International Monetary Systems, Ltd. (OTCBB: ITNM), a worldwide leader in business-to-business barter services, today announced that it has filed its second quarter report on Form 10-Q. HIGHLIGHTS Operations Cash provided by operations was $567,946 in 2011 compared to $183,410 in the first six months of 2010, a 210% increase. The Company completed the purchase of a trade exchange in Peterborough Ontario at a cost of $61,325, adding approximately 450 members. It



Related News: Similar Content http://feeds.businesswire.com/click.phdo?i=cdf5e19b922aecccd29849e8f7c4f9ca#rssowlmlink


ITNM Security Details
Share StructureMarket Value1 $7,909,290 a/o Aug 08, 2011
Shares Outstanding 8,959,736 a/o Aug 03, 2011
Float 3,000,000 a/o Aug 03, 2011
Authorized Shares 280,000,000 a/o May 01, 2008
Par Value 0.0001
https://www.imsbarter.com/investor-relations

[wannacitrun]

Hey, whats happening here...? Stock was $1.20+ a few weeks ago !

[wannacitrun]

Hey, whats happening here...? Stock was $1.20+ a few weeks ago !

[di4]

International Monetary Systems Launches Online Bill-Pay and Statement Delivery for Nationwide Membership
Jun 4, 2009 12:55:00 PM
Copyright Business Wire 2009


Email Story Discuss on ZenoBank

View Additional ProfilesNEW BERLIN, Wis.--(BUSINESS WIRE)-- International Monetary Systems, Ltd. (OTCBB:INLM), a worldwide leader in business-to-business barter services, today announced the launch of an electronic monthly statement notification with online bill-pay option.

Dale Mardak, Senior Vice President of IMS, commented: "This new capability is in line with so many others that IMS has launched in recent months. It provides members an immediate notification of their monthly statement that shows their trading activity for the month and the fees associated with it. It also gives members the chance to link to important features of their membership such as the online barter marketplace and travel center."

John Strabley, Executive Vice President of IMS, commented: "This is an evolutionary step towards becoming a company that uses less paper and more innovation. The link to online statements is one of many such advances that IMS will be making this year."

About International Monetary Systems

Founded in 1985, International Monetary Systems (IMS) serves 17,500 businesses representing 23,000 cardholders in 50 North American markets. Based in New Berlin, Wisconsin, and managed by seasoned industry veterans, IMS is one of the largest publicly traded barter companies in the world and is continually expanding its network by adding exchange locations. The company's proprietary transaction clearing software, Trade Network Tracking (TNT) System, enables businesses and individuals to trade goods and services online using an electronic currency known as trade dollars. The IMS network allows companies to create cost savings and connect to new customers by incorporating barter opportunities in their business models. Further information can be obtained at the company's Web site at: www.imsbarter.com.




Source: International Monetary Systems, Ltd.


----------------------------------------------
International Monetary Systems
Ltd.
New Berlin
WI
Krista Vardabash
[phone]
ext. 19
[e-mail]
http://www.imsbarter.com

[di4]

International Monetary Systems Schedules Annual Shareholder Meeting
Improved Financials to top Meeting Agenda
May 20, 2009 12:47:00 PM
Copyright Business Wire 2009


Email Story Discuss on ZenoBank

View Additional ProfilesNEW BERLIN, Wis.--(BUSINESS WIRE)-- International Monetary Systems, Ltd. (OTC BB:INLM), a worldwide leader in business-to-business barter services, today announced that it has scheduled its annual shareholder meeting for Wednesday, June 17, 2009 at the Sheraton Milwaukee Brookfield Hotel. Shareholders of record on May 1, 2009 will be eligible to re-elect two directors, to ratify Webb & Co. P.A. as the Company's auditors of its 2009 financial statements, and to vote on any other business that may be presented.

Attending shareholders will learn about various strategic initiatives that have improved current financial results as reflected in the company's first-quarter 10-Q filing. Upper management will discuss infrastructure decisions that have provided cost-savings, recent media attention, marketing and sales initiatives, technology upgrades, and performance goals for the remainder of the year.

About International Monetary Systems

Founded in 1985, International Monetary Systems (IMS) serves 17,500 customers representing 23,000 cardholders in 50 North American markets including Canada. Based in New Berlin, Wisconsin, and managed by seasoned industry veterans, IMS is one of the largest publicly traded barter companies in the world and is continually expanding its network by adding exchange locations. The company's proprietary transaction clearing software enables businesses and individuals to trade goods and services online throughout North America, using an electronic currency known as trade dollars. The IMS network allows companies to create cost savings and attract new customers by incorporating barter opportunities in their business models. Further information can be obtained at the company's website at: www.imsbarter.com.




Source: International Monetary Systems, Ltd.


----------------------------------------------
International Monetary Systems
Ltd.
New Berlin
WI
Krista Vardabash
[phone]
ext. 19
[e-mail]
http://www.internationalmonetary.com

[di4]

International Monetary Systems CEO, Don Mardak, Focus of Bloomberg TV's(R) Weekly Venture Program
May 18, 2009 1:05:00 PM
Copyright Business Wire 2009


Email Story Discuss on ZenoBank

View Additional ProfilesNEW BERLIN, Wis.--(BUSINESS WIRE)--

International Monetary Systems, Ltd. (OTCBB: INLM), a worldwide leader in business-to-business barter services, announced today that CEO, Don Mardak, was the featured guest on Bloomberg TV's(R) Venture. The program aired Friday evening, May 15th and continued on the network's weekend rotation.

Venture is a weekly half-hour program that features interviews with entrepreneurs and small business owners, focusing on issues and policies that impact the way Main Street does business.

Host Cris Valerio, spoke to Mardak about how he started and grew International Monetary Systems, the business of barter, the state of the barter industry, and industry trends. The broadcast also included pictures and video of IMS events and online educational video. The interview entitled "Ancient System of Trade: Barter" can be seen at www.bloomberg.com under US TV clips for May 15th, 2009.

About International Monetary Systems

Founded in 1985, International Monetary Systems (IMS) serves 17,500 businesses representing 23,000 cardholders in 50 North American markets. Based in New Berlin, Wisconsin, and managed by seasoned industry veterans, IMS is one of the largest publicly traded barter companies in the world and is continually expanding its network by adding exchange locations. The company's proprietary transaction clearing software enables businesses and individuals to trade goods and services online using an electronic currency known as trade dollars. The IMS network allows companies to create cost savings and connect to new customers by incorporating barter opportunities in their business models. Further information can be obtained at the company's Web site at: www.imsbarter.com.




Source: International Monetary Systems, Ltd.


----------------------------------------------
International Monetary Systems
Ltd.
New Berlin
WI
Krista Vardabash
[phone]
ext. 19
[e-mail]
http://www.imsbarter.com

[di4]

International Monetary Systems Files Quarterly Report
Cash Flow and Operating Profits Increase Substantially
May 18, 2009 9:00:00 AM
Copyright Business Wire 2009


Email Story Discuss on ZenoBank

View Additional ProfilesNEW BERLIN, Wis.--(BUSINESS WIRE)-- International Monetary Systems, Ltd. (OTCBB: INLM), a worldwide leader in business-to-business barter services, today filed its first-quarter report on Form 10-Q.

The three-month period ended March 31, 2009 showed much improvement in the financial performance of International Monetary Systems, Ltd. During the past nine months, IMS has made a great effort to achieve profitability by reducing payroll and other elements of overhead. As a result, net income from operations totaled $56,314 for the first quarter of 2009, and net cash provided by operating activities was $557,464, a substantial increase over all previous quarters. Operating profits (EBITDA) totaled $469,261, also a major improvement over past performances.

Primarily due to the global recession, first quarter revenue of $3,351,224 declined 4.8% from the $3,518,839 generated in the first quarter of 2008, despite an increase in trade transactions of 2.1%, from $24,847,894 in the first quarter of 2008 to $25,369,715 in the first quarter of 2009. As in the general economy IMS members are experiencing declines in their businesses, with resulting reductions in discretionary and luxury spending. Considering that U.S. gross domestic product declined 7.1% in 2008, the IMS 4.8% decline is not remarkable.

However, total expenses decreased from $3,828,108 in the first quarter of 2008 to $3,294,910 for the same period in 2009, a reduction in expenses of 13.9%. This substantial decrease was achieved because of payroll cuts and other overhead reductions. Over the past twelve months, IMS has trimmed its work force by 40 people, without substantial revenue reduction.

As a result, the net profit from operations was $56,314 for the first three months of 2009, compared to a loss of $309,269 for the same period last year. After deducting non-cash expenses such as depreciation, amortization, bad-debt expense and stock issued for services rendered, the loss before income taxes was just $1,369, compared to a loss of $371,407 for the same period of 2008. After deducting current and deferred income taxes, the net loss in the first three months of 2009 was $54,369, compared to $230,907 last year, which was net of a deferred tax benefit. The deferred tax represents the adjustment to the deferred tax liability, which arises primarily from the differences in basis of acquired membership lists for financial reporting versus tax reporting.

For the three months ended March 31, 2009, net cash provided by operating activities totaled $557,464, compared to $43,457 for the first quarter of 2008. A portion of this substantial increase was the result of one-time occurrences. However, management expects improvements in cash flow throughout the year, as

The effects of cost reductions are fully realized. Furthermore, third and fourth quarter revenues are typically significantly higher than the first quarter.

For the period ended March 31, 2009, operating profit or EBITDA - earnings before interest, taxes, depreciation and - totaled $469,261, an increase of 406% from the $92,674 reported for the first quarter of 2008.

Liquidity, Sources of Capital and Lines of Credit

On March 31, 2009, current assets were $2,151,542, and total assets were $15,978,055. Current liabilities were $2,994,553 and total liabilities were $8,004,458, resulting in total shareholder equity of $7,973,597.

At the end of the first quarter of 2009, the Company's unrestricted cash balance was $519,648 compared to $279,227 on December 31, 2008.

Don Mardak, CEO of IMS commented: "We are very pleased with International Monetary Systems' first-quarter results. The numbers demonstrate the progress that we have made in our quest for profitability. We believe that our lower overhead and ongoing strong sales should enable us to continue showing similar improvements in the months ahead, in spite of the current economic environment."

Safe Harbor Statement

Some statements in this release are "forward-looking statements" as that term is defined in Sections 27A of the Securities Act of 1933 as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934 as amended (the "Exchange Act"), and are subject to certain risks and uncertainties, including, but not limited to, economic conditions, competition, changes in laws and the demand for the company's goods and services, which could significantly affect anticipated future results. Actual results may differ materially from any forward-looking statements, which have been issued under the safe harbor provisions established under the Private Securities Litigation Act of 1995. Statements in this release should be evaluated in light of these factors. All information set forth in this release is as of November 13, 2008, and International Monetary Systems, Ltd. undertakes no duty to update this information.

About International Monetary Systems

Founded in 1985, International Monetary Systems (IMS) serves 17,500 businesses representing 23,000 cardholders in 50 North American markets. Based in New Berlin, Wisconsin, and managed by seasoned industry veterans, IMS is one of the largest publicly traded barter companies in the world and is continually expanding its network by adding exchange locations. The company's proprietary transaction clearing software enables businesses and individuals to trade goods and services online using an electronic currency known as trade dollars. The IMS network allows companies to create cost savings and connect to new customers by incorporating barter opportunities in their business models. Further information can be obtained at the company's Web site at: www.imsbarter.com.



Source: International Monetary Systems, Ltd.


----------------------------------------------
International Monetary Systems
Ltd.
New Berlin
WI
Krista Vardabash
[phone]
ext. 19
[e-mail]
http://www.imsbarter.com

[jimmym4]

This could be the year for Barter companies!

[jimmym4]

INLM on Cavuto>>>>>>>>>>>>

[jimmym4]

Let’s make a deal: Bartering offers way to stretch dollars

http://www.cantondailyledger.com/news/x2094357485/Let-s-make-a-deal-Bartering-offers-way-to-stretch-dollars

[jimmym4]

When It Comes to Cash, A Thai Village Says, 'Baht, Humbug!'

http://online.wsj.com/article/SB123128312320458913.html?mod=googlenews_wsj

[jimmym4]

Kevin Anderson with IMS says bartering is making a comeback, "We have seen an increase in membership. We will get 10 to 20 new members a month


http://www.lasvegasnow.com/Global/story.asp?S=9627839&nav=menu102_2

[jimmym4]

The new old economy
Written by Jennifer Wadsworth
Tuesday, 09 December 2008


For more and more people, the ancient art of bartering makes more sense than spending hard-earned cash.


http://tracypress.com/content/view/16704/2268/

[jimmym4]

Wheel of Fortune
When cash dries up, barter keeps commerce flowing


http://www.njbiz.com/weekly_article.asp?aID=70937922.9205088.998777.8253077.1435648.528&aID2=76820

[jimmym4]

Published: December 14, 2008 3:00 a.m. In tough economy, bartering growsJESSICA GUYNNLos Angeles Times

http://www.journalgazette.net/apps/pbcs.dll/article?AID=/20081214/BIZ/812140340/-1/BIZ

[jimmym4]

Barter System Revival

http://www.wtvynews4.com/news/headlines/36147554.html

[jimmym4]

Bartering Makes A Comeback In Down Economy
Old Way Of Doing Business Is Becoming The New Way As People Flock To Web Sites Like Craigslist For Ads

http://wcbstv.com/topstories/bartering.craigslist.broadway.2.890735.html

[jimmym4]

Feeling cash poor? Get back to basics and try bartering

http://www.pe.com/localnews/inland/stories/PE_News_Local_S_barter25.880391f.html

[jimmym4]

Care to Barter?
Professional barter exchanges help businesses attract new customers and boost sales

http://www.msnbc.msn.com/id/28313786/

[jimmym4]

Bartering helped rid business of extra inventoryThe Business Journal of Milwaukee - by Kathy Bergstrom Special to The Business Journal

http://milwaukee.bizjournals.com/milwaukee/stories/2009/01/05/story7.html?b=1231131600%5E1755337

[jimmym4]

Dale Mardak, IMS' senior vice president, said: "Bear in mind that these numbers are from our holiday expo events only. They do not include the barter trading done in December through our national broker network, our online barter marketplace and by members who transact directly using IMS trade dollars. We anticipate that these expo results will help towards a record for December cash revenue generated."

http://www.nasdaq.com/aspxcontent/NewsStory.aspx?cpath=20081222/ACQBIZ200812221554BIZWIRE_USPR_____BW5806.htm&symbol=INLM&selected=INLM&selecteddisplaysymbol=INLM&SourceCode=PMZ&coname=International%20Monetary%20Systems,%20Ltd.&logopath=&market=OTCBB&pageName=Company%20News&mypage=companypressrelease&title=International%20Monetary%20Systems%202008%20National%20Holiday%20Barter%20Expo%20Series%20Surpasses%20Trading%20Volume%20Expectations

[jimmym4]

International Monetary Systems Featured on CBS Evening News Weekend Journal

http://finance.yahoo.com/news/International-Monetary-bw-13844628.html

[jimmym4]

In tough times, bartering boosts small businesses' bottom line
Etan Horowitz | Sentinel Staff Writer
January 3, 2009


http://www.orlandosentinel.com/business/custom/thrifty/orl-barter0309jan03,0,7833557.story

[jimmym4]

The Business Of Bartering
CBS Evening News: The Recession Has Forced Many Cash-Strapped Americans To Resurrect A Depression-Era Tradition

http://www.cbsnews.com/stories/2008/12/31/eveningnews/main4694711.shtml

[jimmym4]

Looks Like INLM could be a good one for 2009!.
http://www.marketwatch.com/news/story/IMS-Online-Barter-Marketplace-Product/story.aspx?guid=%7BDF7EEF00-BA8C-40CC-8CB8-62918E5D20D5%7D


Barter will be Huge in the future IMO...Pass the word!

IMS Online Barter Marketplace Product Postings Reach Record Levels
December Posts Bring Total to $10 Million in Products Available

[december]

You have to have to be impressed with the fundamentals here.....these guys have their noses to the grindstone

[SIIX]

not yet, still looking over the chart.. seems like a good entry here though.

[december]

I had stock in this a year ago......r u in?

[SIIX]

Very interesting company.

[december]

Very nice story that has been building over time