HE-5 Resources, Corp.

HE-5 Resources, Corp.

June 10, 2009 08:00 ET

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

NEW YORK CITY, NEW YORK--(Marketwire - June 10, 2009) - 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.

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