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
Overview Three highlights this month. First, over 42,000 member / shareholders have joined iConsumer. Second, our FINRA application made progress. Third, our focus on revenue is beginning to bear fruit. Marketing – Member Growth 42,000 Members! We continued to add new member / shareholders at the rate of around 250 – 300 per day. Our … Continue reading Letter from the CEO – July 2017
As a growing company, we need to seek ways to finance our growth. And we’re growing rapidly (we doubled in size between February and June.) We also need to make sure that prospective investors understand us. This helps to make sure that we’re supported in the marketplace, and potentially helps to increase our stock price. … Continue reading Marketing iConsumer to Investors – The Next Raise
iConsumer is able to sell shares to the public because we’re taking advantage of the 2012 JOBS Act. More specifically, Title IV, Tier 2 of that legislation. Basically, that legislation is an exemption from some of the most expensive and complex rules and regulations that govern the sale of securities like our stock. The JOBS … Continue reading Why we can’t sell shares in four states – Texas, Florida, Arizona, & North Dakota
Perhaps the most eagerly awaited portion of the JOBS Act, Title III, the part of that act that actually has “crowdfunding” in its name, became live in May. The requirements for using it are much less strict than the requirements surrounding Title IV. Most notably, investors are maxed as to the amount they can invest, … Continue reading Equity Crowdfunding – The Next Chapter
Elio Motors used Reg. A+ to go public. They are now listed on the OTC. We’ll be watching to see how they do in the markets. Here’s a story on Elio Motors in INC magazine.
On October 30, 2015, the SEC voted to adopt new regulations governing Title III of the JOBS Act. This is specifically about small crowdfunded investor opportunities. It is another equity crowdfunding opportunity. The general consensus is that this is great for smaller startups, and companies that are not interested in immediately having a public market … Continue reading Title III Update – Passed by SEC