Excluded were existing open orders in the market and data traffic such as revaluation of member account status, credit check, real time posting of transactions to member accounts, prior trade reports, quotes and tape. For the test, some members used accounts in C$ to make Zloty trades in US$ trading markets to increase the number of foreign exchange conversion transactions. Fourteen people, using 24 computers, participated in the February 15 test.
The testing has helped to identify glitches which we have fixed. Fortunately no major problems were found with the software itself. Another purpose of the testing is feedback from the participants about how the information is displayed and how the system is used. We are planning another round of testing in August. If you would like to participate, contact Damon Malkiewicz at [email protected]. We are still offering 1,000 shares to new participants that help with the testing.
Sale of 101,000 shares at 50-cents each: eExchange recently sold to two individuals 101,000 common shares at 50-cents each for a total consideration of US$50,500. The successful testing in the last year has demonstrated the value of the eExchange software and helped to make possible the sale of shares at 50-cents each. If you would like a copy of our latest offering circular, contact Russell Martel at 540-464-5333 or [email protected].
Russell Martel