Letter from the CEO – June 19, 2018

By: Robert Grosshandler | June 19, 2018

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

Raising Money – Bridge Round

By: Robert Grosshandler | May 12, 2018

Growing companies quickly takes cash.  We’re no different.  Because our main way of doing  that is our Reg. A+ offerings, and we’re not going to have an offering qualified by the SEC for some time to come (see this blog post) we’re raising money through a convertible debt offering.  This should provide us enough cash … Continue reading Raising Money – Bridge Round

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

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

We’re raising money – Convertible Debt Offering

By: Robert Grosshandler | September 22, 2017

Overview We’re borrowing as much as $1,000,000 from investors.  You can see our offering over at Crowdfunder, a site dedicated to matching accredited investors with companies like iConsumer that need cash to grow. The terms:  $1,000,000 in convertible debt.  Interest at 8%, accrued year one, payable quarterly years two and three. Maturity: 3 years. Convertible … Continue reading We’re raising money – Convertible Debt Offering

Letter from the CEO – May 2017

By: Robert Grosshandler | June 01, 2017

Overview – The CEO becomes a supernumerary This letter is later in the month than normal for a great reason.  I took a holiday that was completely off the grid. Why should you care?  Because iConsumer operated perfectly for two weeks without me.  I successfully became an extra in the iConsumer play (at least for … Continue reading Letter from the CEO – May 2017

March 2017 – Letter from the CEO

By: Robert Grosshandler | March 15, 2017

Each month, I’m bringing all of our stakeholders up to speed on events affecting their participation in the growth of iConsumer.  Our goal is to make everybody an insider as we chart new territory in building a crowdfunded business. Marketing Our Faces of Wall Street campaign has launched full blast and is doing quite nicely. … Continue reading March 2017 – Letter from the CEO

SEC Update – Act II: Getting Ready to Widely Launch the IPO – Our Amended SEC Filing

By: Robert Grosshandler | January 18, 2017

Act I was designed to support a small raise of capital from friends and family.  That capital gave us third-party validation as to our stock valuation, funding to get us listed and traded on the OTC QB, and the funds to launch a member recruitment campaign. Now, Act II.  Make it possible for members and … Continue reading SEC Update – Act II: Getting Ready to Widely Launch the IPO – Our Amended SEC Filing

The Strategy – Ownership is the Ultimate Loyalty Program

By: Robert Grosshandler | July 08, 2016

It’s time we laid out our fundamental strategy – how we plan to use equity crowdfunding to create a company with over 1,000,000 customers and shareholders.  How we plan to create a company to rival eBates, RetailMeNot, ShopAtHome, and a bunch of others. We’re doing it by making our customers, every one of our customers, … Continue reading The Strategy – Ownership is the Ultimate Loyalty Program