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Commerce Innovation: International Monetary Systems

December 28, 2010 (FinancialWire) (Investrend Information Syndicate) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — International Monetary Systems, Ltd. (ITNM – OTCBB) (Approx. Market Cap: US$ 6.8 Million) stock closed at $0.65 yesterday on volume of 6,500 shares. Fifty trading session ago, on October 15, 2010, ITNM closed at $0.85 on volume of 700 shares. ITNM’s 50 day average adjusted close is $0.86 per share.

In terms of liquidity, ITNM’s 50-day average daily trading volume is 2,042 shares, with days ranging from zero shares traded to 16,900 shares traded during that 50-day period.

In the last 50 sessions, ITNM stock has traded as high as $1.20 (intra-day) and as low as $0.65 (intra-day). Business Week notes ITNM stock’s 52-week high as $1.80 on April 27, 2010, and its 52-week low as $0.30 on June 14, 2010.

International Monetary Systems, Ltd., together with its subsidiaries, owns, manages, and operates trade exchanges and other related businesses. Trade exchanges or barter networks are financial service firms, which permit companies and individuals to exchange goods and services utilizing an electronic currency, ‘trade dollars’. It serves approximately 16,000 barter customers. The company was founded in 1988 and is headquartered in New Berlin, Wisconsin.

Founded in 1985, International Monetary Systems (IMS) serves 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. 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.

Q3 2010 financials on International Monetary are available via FinancialWire(tm) (at http://www.financialwire.net/2010/11/17/itnm-financials/).

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