Here’s another letter that came into our support desk where I think the response will be helpful to us all: James D writes – I am a new iConsumer user and I would like to purchase stock in the company however: the difference in the Bid and Ask price in the open market is Outrageous, … Continue reading Letter from a user
We’ve been busy this past month. Stock market activity I think the most shareworthy thing this month is that we’re seeing that people investing in our stock via the stock market can radically move the price. I’ve published several blog postings that may help folks gain a better understanding of this interesting world. The first … Continue reading Letter from the CEO – July 12, 2018
We’re in the thick of raising more capital to fund new member growth. Prospective investors want to know all sorts of things, but right now, they think the most important measures (metrics) are the following: Customer Acquisition Cost (CAC) In the first quarter of this year (Q1), we spent less than $10 in cash to … Continue reading CAC, CLV, and Time to Payback
The whole point of iConsumer is to give people who have never been investors a chance at the American Dream. While simply the experience is worth it, it’ll be even better if and when our customers and investors can actually profit from their ownership. And that seems to have begun. Last week, a couple of people … Continue reading Gosh and Golly, It’s Working
So, you’re thinking of selling some RWRDP… You’ll need to transfer shares, first to the transfer agent (Issuer Direct) for earned shares, and then to a stock broker (TD Ameritrade is our fave). The total transfer cost to you is about $32.50 per transfer for stock you’ve earned (via shopping, referring, bonuses, etc.), or about … Continue reading Transferring shares to a stock broker costs too much
After our post yesterday, some things changed.
Today (July 5) we got an email from Kyle Beamsderfer that I thought was particularly well written. It’s a great note, and one I want to answer publicly. First, the email: K.B.’s Email Good evening I have been using iConsumer for a few months and I admit I think it is a novel idea and … Continue reading Letter from K.B.
Amazon Prime Day Amazon has very special sales happening July 16. You can shop at Amazon via iConsumer. We make great money when you do (in part because Amazon doesn’t allow us to share what they pay us with you). For many companies, the bigger their revenues and profits are, and the faster those are … Continue reading Amazon Prime Day and our Stock Price
The fun has begun. Our stock price has begun to swing pretty dramatically, even in the course of a day or two. It’s being volatile. The big price swings happen because there are still very few sellers and buyers. If you’re going to buy or sell RWRDP, please make sure you understand your options and … Continue reading Stock Price Volatility – Buying and Selling RWRDP
What a month it’s been! First and foremost, the SEC qualified our offering on June 13, 2018. Which means we’re able to award our stock again. So go shop. I firmly believe that the best way to increase iConsumer’s value is through increasing revenues and profitability. Next, consider investing in iConsumer. You get the experience … Continue reading Letter from the CEO – June 19, 2018