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Transferring shares to a stock broker costs too much

By: Robert Grosshandler | July 12, 2018

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

Stock Price Volatility – Buying and Selling RWRDP

By: Robert Grosshandler | June 20, 2018

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

Amended Offering Statement Filed – Updated 1/A

By: Robert Grosshandler | May 12, 2018

We need an SEC qualified offering statement (a Form 1/A) in order to raise money from ordinary people and to enable our members to earn and be issued our stock.  We filed the latest version with the SEC on May 10, 2018.  It’s filled with lots of information about your business, the risks we can … Continue reading Amended Offering Statement Filed – Updated 1/A

Selling Your Shares

By: Robert Grosshandler | April 08, 2018

Good news – it’s finally pretty easy to try to sell your shares! At some point, you may want to sell your iConsumer shares (RWRDP).  Not that you have to try to sell them.  The timing of that is totally up to you.  One of our jobs over the last year has been to make that … Continue reading Selling Your Shares

How long should this take?

By: Robert Grosshandler | February 24, 2018

The other day, we had a shareholder express frustration with how long this process of making a real, publicly traded, business is taking.  I shared her frustration.   But then I got to thinking about what our expectations were (different from what we hoped for) when we started down this road. The Dropbox IPO really triggered … Continue reading How long should this take?

Preliminary Offering Circular Filed / Share Price Increase

By: Robert Grosshandler | January 29, 2018

On Friday, January 26, 2018, we filed an offering statement with the SEC. Once the SEC has qualified it, which is taking about 4 weeks on average these days, we’ll be able to do two things. First, we’ll be able to issue shares to shareholders.  And second, we’ll be able to sell shares to the general public.  Unlike most … Continue reading Preliminary Offering Circular Filed / Share Price Increase

iConsumer Shareholder Webinar – 11/8/17

By: Robert Grosshandler | November 08, 2017

Join us for a webinar about being an iConsumer Shareholder, 1:00 PM Central Time 11/8/17. Register Here. If you miss this webinar, we’re recording it, and you’ll be able to review it here (about 24 hours later). Webinar ID: 215-169-731  

Accretive vs. Dilutive

By: Robert Grosshandler | October 06, 2017

One of the most frequent questions we get from prospective investors is whether or not all the stock being earned by members is accretive or dilutive.  It’s a bit of a technical subject, but it’s really important to why we’re doing this, and how’s it all going to play out in the end. At heart, … Continue reading Accretive vs. Dilutive

iConsumer Shareholder Webinar

By: Robert Grosshandler | September 26, 2017

On Wednesday, September 26, 2017 we held our first webinar around shareholder education. You’re invited to view it.  Comments and questions are always welcomed.

FINRA Update – Slow Progress

By: Robert Grosshandler | August 01, 2017

FINRA is the regulatory body that should issue us a ticker symbol, the most important step on the road to being quoted on a market (and therefore, more easily bought and sold).  We began the process of getting our ticker symbol in January!  Because we’re a pioneer in the Reg. A+ space, we (and they) … Continue reading FINRA Update – Slow Progress