ITEX Corporation (OTCMKTS:ITEX) Files An 8-K Regulation FD Disclosure
|Regulation FD Disclosure|
On June 7, 2017, ITEX Corporation announced it had acquired
American Commerce Exchange (ACX) of Glendale, California. The
announcement is attached to this report as Exhibit 99.1. This
Form 8-K and the attached exhibit are furnished to, but not filed
with, the Securities and Exchange Commission.
|Item9.01||Financial Statements and Exhibits|
|99.1||Announcement dated June 7, 2017|
About ITEX Corporation (OTCMKTS:ITEX)
ITEX Corporation operates a marketplace (the Marketplace) in which products and services are exchanged by Marketplace members utilizing ITEX dollars. ITEX dollars are only usable in the Marketplace and allows thousands of member businesses to acquire products and services without exchanging cash. The Company services its member businesses through its independent licensed brokers and franchise network (individually, broker and together, the Broker Network) in the United States and Canada. Its Marketplace provides a forum for members to purchase from and sell their products and services to other members using ITEX dollars instead of the United States dollars and Canadian dollars (USD or cash). The Company’s Brokers are independent contractors. The Company’s corporate staff, brokers and their staff, and outside contractors support the Marketplace. Its brokers provide Marketplace members with information on products and services that are available locally, nationally and in Canada.