ITEX
$ITXXF500 #501ITEX Corporation operates a marketplace where products and services are exchanged by members utilizing ITEX Dollars, providing record-keeping and payment transaction processing services.
Computerized system of record keeping for tracking and accounting all transactions among ITEX Members and franchises; clearinghouse function for transactions; online Operations Manual (Table of Contents in Exhibit K); online proprietary Member management and accounting system available at franchisor's Internet website; required computer system must conform to franchisor's minimum standards compatible with ITEX System; broadband internet service required; estimated computer system cost 5-7% of initial investment; periodic updates to Operations Manual and computer/communications technology specified.
ITEX Corporation operates a marketplace where products and services are exchanged by members utilizing ITEX Dollars, providing record-keeping and payment transaction processing services.
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