Tag Archives: IMS

IMS Digging in to Franchising

International Monetary Systems, Ltd. announced that it is launching a franchise division. The company, which presently serves more than 23,000 cardholders in fifty-one existing markets, hopes the new franchising division will enable it to introduce the IMS barter network to thousands of additional businesses across North America in cities where there currently is no IMS […]

IMS Acquires NCE

International Monetary Systems, Ltd. (OTCBB: ITNM), a worldwide leader in business-to-business barter services, today announced that it has entered into a definitive agreement to acquire certain assets of National Commercial Exchange of St. Louis, MO (NCE). As one of the oldest trade exchanges in North America, NCE is the leading barter network in the St. […]

IMS Has Touch 2nd Quarter

In IMS’ quarterly SEC filings, second quarter net income of $77, 196, down 65 percent compared to second quarter of 2010 net income of $222,717. Net income per share was 1 cent, down from 2 cents in the second quarter of 2010. The company’s second quarter revenues were $3.3 million, down 8 percent from $3.6 million […]

IMS Expands Stock Buyback

International Monetary Systems, Ltd. (OTCBB: ITNM), a worldwide leader in business-to-business barter services, today announced that its board of directors has authorized an increase to its previously approved stock repurchase plan. The company is now authorized to buy back up to 15%, or approximately 1.6 million of its outstanding shares, from time to time at […]

IMS Changes Leadership

John E. Strabley has been named chief executive officer at IMS. IMS also announced the promotion of Dale L. Mardak to president. Founder Donald F. Mardak, 74, who had held both titles, will continue as chairman of the board. Strabley, 47, had been executive vice president at the firm. Mardak, 51, was senior vice president.