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Pastimes : Georgia Bard's Corner -- Ignore unavailable to you. Want to Upgrade?


To: Ga Bard who wrote (3883)7/20/1998 11:52:00 AM
From: Randi  Read Replies (1) | Respond to of 9440
 
Gary, this might answer some of your questions.

Monday July 20, 6:59 am Eastern Time

Company Press Release

International Barter Corp. Launches New Internet Ubarter.com, E-Commerce Site Today

SEATTLE--(BUSINESS WIRE)--July 20, 1998--International Barter Corp. (IBC) (OTC:IBCX - news), today launches a new concept in Internet commerce, an on-line site for bartering products and services at www.ubarter.com.

Ubarter.com is the first on-line site to promote the concept of ''barter'' for the general Internet user and differs from existing auction and classified sites, which sell for cash only. Steven White, President and CEO of IBC stated, ''We are excited to launch Ubarter.com today. In early postings, we have users from as far away as Kuwait and India!'' Examples of a posting may be a consumer near retirement entering a boat to trade for a motorhome. Another is a business offering to trade surplus computers for nationwide travel.

Goods and services purchased on the Web are predicted to grow at a rate of 1,000% through the year 2001. Ubarter.com is designed to fill a niche in the electronic commerce marketplace that can attract worldwide participation. White noted, ''We are extremely pleased with the interest we have received from the Internet community and the press, both nationally and internationally, since we announced the development of Ubarter.com. The Financial News in London called regarding our site and an article will run in today's edition. Everyone across the globe has something to trade; Ubarter.com is the vehicle to bring individuals and companies together to maximize this potential.''

Accessing the Ubarter.com site, the opening Web page offers traders 10 main categories including electronics, vehicles, travel & vacations, home furnishings, and business items among others. Users are able to post items they would like to make available for barter or peruse posted listings, 24 hours a day, 365 days a year. As an incentive to try the new Ubarter.com site, all posting-matches will be free until August 31, 1998. After that date, once a match is made, users will pay a small fee of 1% to 3%, depending on the price, to complete their transactions. Qualifying charities or non-profit organizations will be able to post or trade items at half of the normal fee. Ubarter.com will incorporate several additional features designed for the convenience and security of their electronic traders. iEscrow, Inc., the leading Internet provider of escrow services for Web transactions, will be linked directly to the Ubarter site. Clients wishing to complete their transaction with the security of an escrow provider need only click on the iEscrow icon to access their service.

For any Ubarter.com traders of automobiles or trucks, Carfax Lemon Check Report will allow traders to quickly find out if a vehicle they may be interested in is a ''lemon'' or if it has been the subject of a manufacturer buyback. Carfax is the only comprehensive nationwide vehicle history service providing buyers and sellers of used vehicles with invaluable information about problems that may be hidden in a vehicle's past. White noted, ''We are pleased to offer these additional services to our on-line customers and are looking to add additional links that can provide the highest quality assurances to Ubarter's electronic commerce transactions.''

Internet Business Services in Anaheim, California, utilizing iCat electronic commerce software, designed and is hosting the site. iCat is the leader in the e-commerce catalog field.

About IBC:

IBC offers barter services to retail, professional, corporate and media companies. Clients are assigned a personal 'trade broker' via one of IBC's regional offices, who continually monitor buying and selling opportunities. Ubarter.com is the first pure play on-line barter site and is a wholly owned division of IBC. Additional information on IBC may be obtained via their Web site at: www.ibinc.com.

To order an investor package, please call: 1-800-292-7812.
------------------------------------------------------------------------
Contact:

International Barter Corporation, Seattle
Steven White, 206/870-9290
email: swhite@ibinc.com



To: Ga Bard who wrote (3883)7/20/1998 1:37:00 PM
From: Boob  Read Replies (3) | Respond to of 9440
 
Exactly!!

Probly many of us have been offered compensation in return for "promoting" a company's stock...the difference is between those that accept the offer and those who said "Screw that!". And out of all those on SI who are "paid promoters", my guess is that only 2% of them admit it (disclaimer). I have been offered, but didn't even need to think twice about saying "NO WAY"

Taking part in a private offerings I don't see that as anything wrong...there are pros and cons to any offering and it is up to each investor to evaluate and determine the offering...I would only have a problem with the offering if the stocks were "offered" for free in return for "promotion" with no disclaimers....

People start to point fingers and slam and blame others when STOCKS GO DOWN!! Never will you see any false accusations when a stock is going up....but people can't accept that they, or the company, or the CEO in that case, screwed up so they need someone to blame their loss on. "When the going gets tough, the weak point to the tough"...the accusations I have read towards you re MIDL are just a sad attempt to "slay the dragon" and the result of people's emotions running wild....they are pathetic attempts to ruin your, and other's credibility....people tell me to just ignore the slamming because it is so ridiculous (greg incident) but as the one getting slammed, it's just not possible....same way for everyone that receives false accusations...can't just let it go unanswered

Boob