April 23, 2007

To Whom It May Concern:

My practice joined James River Trade Exchange in November 2003. As one of the first members to join the exchange, I have been able to watch it grow and see how businesses, including mine, have benefited from its services.

Becoming a member of James River Trade Exchange and using trade as a form of currency is a great way for businesses to cut cash costs on goods and services. I recently moved to a new office location and was able to pay for a new telephone system and carpet cleaning by bartering my dental services. My practice has also been able to use our dental services to pay for window cleaning, gifts for my employees, and massage sessions. Instead of paying these expenses out of pocket, I have been able to purchase these things by providing service to James River Trade members.

James River Trade Exchange has also given me a mechanism to reduce unused inventory. In my business, unused inventory comes in the form of appointment slots that are not filled. JRTE has allowed me to fill some of these slots and acquire the additional trade income. I would have been paying my employees anyway, so I have added this income without adding any significant cost.

JRTE can help any company become more efficient through using its business resources and options. I confidently recommend that any business owner find out more about James River Trade Exchange and how joining can improve their business, as it has done to mine.

Sincerely,

Dr. Royce W. Woolfolk, Jr.