HE-5 Resources, Corp. (Trading Barter Corp.) Provides Updates on Financials, and Asset Valuation of the 'Trading Barter

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Wed Jun 10, 2009 8:01am EDT

  NEW YORK CITY, NEW YORK, Jun 10 (MARKET WIRE) -- 
HE-5 Resources, Corp. (PINKSHEETS: HRRN) today provided, updates on
financials, and asset valuation of the "Trading Barter Bank" Business and
Intellectual Property.

    During the last quarter of our new fiscal year, in accordance with
current rules and regulations and Generally Accepted Accounting
Principles, HE-5 has completed the "Quasi-Reorganization" of the business
assets and liabilities, to allow a reorientation of the Corporation core
activities. The information in regards to the reorganization and disposal
of assets and liabilities, is disclosed in our last financial statement
filings, and available on Pink Sheets or in the financial section of our
Company corporate web site at www.tradingbartercorp.com.

    In the first quarter of our new fiscal year, on March 16th, the Company
announced the acquisition of the Intellectual Property and Exclusive
Rights of the "Trading Barter Bank" Business. The agreed value of the
property transfer has been concluded for a sum of $2,4 million, in a
Joint Venture agreement including issuance of shares at a $0.03 value,
and other financial components such as note conversion agreements, and
other financial instruments. In our next quarter financial statements,
the Intellectual Property will be booked as a long term asset for the
initial book value of $2,4 million.

    Filings for Pink Sheets "Current Information" Up Listing

    The Company Attorneys have been revising our Corporate Documentation, and
all requisite disclosure documentation for accessing Pink Sheets "Current
Information Status, will be made during this current month, jointly with
filing of our first quarter financial statements, and Intellectual
Property Transfer valuation statements.

    The revenue streams' potential is highly promising, and we believe that
our development strategy is very achievable, since we have planed our
operations in different phases, for which the first step includes the
opening of our Corporate Flagship operation in North America, combined
with the first License agreement Venture Franchise to be launched
simultaneously in France with a new equity partner and operator.

    Once TBB will have launched its operations, Management intends to
instigate a Co-Federation program, for expansion of its Barter activities
to access other markets, and build more value for our shareholders and
partners.

    "We trade" is our commitment; our business is to make yours successful!

    We will continue to inform our shareholders as development progresses.

    Meanwhile, for more information please visit our Web Site at
www.tradingbartercorp.com

    About "Trading Barter Bank"

    Trading Barter Bank is our Company's Core Business Flagship Project.
During the first quarter of 2009, HE-5 acquired TB BANK Software and
Intellectual Property for Exclusive World Distribution Rights. This
Exclusive Virtual Transactional Platform offers unique and Proprietary
Features for secured transactions of sales of products and services, for
which members can pay for in cash or in Trading Barter Dollars.

    Trading is the action of exchanging goods, services, or both utilizing
parallel currencies. Our Trading Membership Program is made available
through our Virtual Community Services Environment. Trading is also the
main business foundation of our operations translated in a Deal Making
Strategic and Commercial context. Our main stream is primarily focusing
on Barter Trades, but transactions can be made in cash and or combination
of both.

    Barter is the exchange of one commodity or service for another without
the use of money as a medium of exchange. Our Members utilizes our Barter
Currency the TBB Dollars. Our Barter Credits are available to Trading
Members and are equivalently valued to the US Dollar. Purchase agreement
can be made among Trading Members of Our Virtual Business Community Hub
and calls for the exchange of stated amounts in TBB Dollars.

    Bank is the amalgamation of services provided to Members in 100% Secured
Transactional Processing (Secured by third party), for acquisition of
goods and or services. TBB Dollars are valued at equivalency of US
Currency Dollars for Dollars. Our Company offers other Barter Banking
services to qualifying Members. Our Bank also stands for valuable
information and pools of knowledge, experience and contacts available and
deployed throughout our Virtual Business Community Bank of services.

    Forward-Looking Statements

    Please be advised that statements made herein, other than historical
data, constitute forward-looking statements that involve risks and
uncertainties that could cause actual results to differ materially from
those stated or implied by such forward-looking statements. The potential
risks and uncertainties include, among others, potential volatility in
the company's stock price, increased competition, customer acceptance of
new products and services offered by the company, and uncertainty of
future revenue and profitability and fluctuations in its quarterly
operating results. Please also be advised that the company's stock is not
currently registered with the Securities and Exchange Commission.

Contacts:
HE-5 Resources, Corp.
info@tradingbartercorp.com
info@he-5resourcescorp.com
www.tradingbartercorp.com

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