Unproductive or unsold assets are known as "dead capital" and there is an estimated 9.3 trillion dollars of it world-wide.

Unsold appointment time, empty hotel rooms, unsold venue passes, unfilled advertising space, rapidly depreciating stock, end-of-line items or oversupplied products all represent lost revenue which otherwise will never be recovered.

It is Ormita’s mission to transform this otherwise lost profit into new income, investments and tax benefits for corporations.

According to the World Trade Organization 15% of world trade is conducted on a non-cash basis. This includes direct trade, gift-culture, counter-trade/reciprocal trade (often found between governments and multi-national organizations) and non-government currencies (community currencies, regional currencies, gift vouchers, loyalty points & air-points) and is therefore worth approximately USD $2.79 trillion dollars of the estimated USD $18.6 trillion dollars of world trade (2004 World Bank figures).

More recent figures are currently unavailable but it is known that global trade rose in 2004 by 21% (world merchandise exports rose by 16% to $7.3 trillion, while commercial services followed closely with a growth rate of 12% to $1.8 trillion) and it is estimated that this rise has carried steadily onwards through to 2006, making non-cash trade forecast at between $3.37 trillion (2005) and $4.08 trillion (2006).

The International Reciprocal Trade Association (IRTA) targets trade credit use at 4% of business spending. With business spending making up 10% of the USD $34 trillion dollar economy – utilizing trade is a USD $136 billion dollar opportunity.

Ormita acts as a clearinghouse for the trade of excess capacities, goods and services and works through a combination of manual clearing, online e-commerce trading, 24 hour telephone brokering and independent licensees.

From the outset our principals had the objective of creating a business that would be successful, sustainable and create value - not just for shareholders, but for our members.

The Company maintains strong relationships with trade exchanges and related industry specialists across the globe. As a result of these relationships the Company is better able to understand the problems which face our market and its users and develop programmes which address the needs of participants, manage business operations and forecasting growth.