CreditRiskMonitor is a financial risk analysis and news service for credit, supply chain and financial professionals.  Our strength in coverage spans 58,000 global public companies, totaling about $70 trillion in corporate revenue.  We also offer solutions that can help ease private company financial risk assessment.  Leading corporations around the world – including more than 35% of the Fortune 1000, plus thousands more worldwide – rely on us to help them stay ahead of financial risk quickly, accurately and cost-effectively. 

A partial report preview for YTB International Inc. is shown below.  Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database.  To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today.

If you are already a subscriber and want to access the full report, click here.

YTB International Inc.
1901 East Edwardsville Road
Phone: (618) 655-947p:618 655-947 WOOD RIVER, IL  62095  United States Fax: (302) 266-9940f:302 266-9940

On 10/14/2014, the Company's Chapter 7 bankruptcy case (#13-30325) was dismissed in the U.S. Bankruptcy Court for the Southern District of Illinois
On 10/11/2013, the Company and its wholly-owned subsidiaries, YTB, Inc., YTB Travel Network, Inc., Your Travel Biz Worldwide, Inc., YTB Travel Network of Illinois, Inc., and YTB Worldwide Travel, Inc., completed the sale of all of the parties' assets, pursuant To Section 363 of the bankruptcy code, to YTB Global Travel, Inc., an affiliate of Jamraval, Inc.
On 12/17/2012, the Audit Committee (the “Audit Committee”) of the Company concluded that previously issued financial statements covering the first, second, and third fiscal quarters of 2011 should no longer be relied upon because of an error in such financial statements. The error pertained to (A) the asset classification of a $4.3 million note receivable dated March 25, 2011 issued to the Company by Wood River Capital, LLC in connection with the Company’s sale of its office building, and (B) a $3.6 million write down of the carrying value of the office building. Neither the note nor the $3.6 million portion of the building should have been classified as assets in the Company’s Forms 10-Q for the first, second, and third fiscal quarters of 2011.
This company is no longer actively traded on any major stock exchange.

Business Summary
YTB International, Inc. is a marketer and provider of Internet-based business opportunities offering travel-related services, as well as shopping opportunities through 700 affiliate stores and nine featured stores. The Company offers an interactive, real-time travel booking engine with access to travel inventories with travel industry suppliers to its licensees and to small office and home office entrepreneurs and independent travel agencies. Its revenue stream is consisted primarily of proceeds from initial Internet Business Center (IBC) sales, formerly referred to as Internet Travel Centers or Internet travel Websites, monthly Web hosting fees from its Site Owners, formerly referred to as Referring Travel Agents, or Referring Travel Affiliates in Canada, (Site Owners), and commissions on the sale of travel products and through shopYTB, commissions from merchandise sales from a network of 700 affiliated stores and featured stores, as well as training and mentoring.
(Source: 10-K)

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
9/30/201112/31/2010YesYesYes--

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
President, Chief Executive Officer, Director Andrew F.Cauthen 67 5/31/2012 5/31/2012
Vice Chairman of the Board, Treasurer, Secretary J. KimSorensen 61 1/1/2009 12/1/2004
Principal Financial and Accounting Officer StevenBoyd 59 5/15/2012 5/15/2012
4 additional Officers and Directors records available in full report.

Business Names
Business Name
REZconnect Technologies, Inc.
Sunrise Travel
YourTravelBiz.com Canada, ULC
4 additional Business Names available in full report.

General Information
Stock Exchange: OTC
Federal Tax Id: 202181181
Fax Number: (302) 266-9940


Copyright © 2022 CreditRiskMonitor.com (Ticker: CRMZ). All rights reserved.     
By using this website, you accept the Terms of Use Agreement.
Friday, May 13, 2022