One of the recurrent themes of our recent shareholder survey was “make it easier to trade our stock”. Like too many things, the answer as to how to do that has many components. Some background is in order. Because we’re SEC-regulated, lots of these words have very special meanings. Please forgive me if I sound too … Continue reading The Uplist Conundrum – Survey Feedback
The SEC believes that iConsumer offered stock to its members inappropriately between February 13, 2018 and May 23, 2018 (inclusive). To make sure that the shares of stock you earned during this period are yours to keep, we’ve created an offer so that you may rescind the shares and Bitcoin you earned and were awarded. … Continue reading Rescission Offer
First, let me thank you for supporting iConsumer as a member and as a shareholder. These monthly letters are one of the most fun things I get to do. We’ve over 50,000 shareholders and soon-to-be-shareholders, all experiencing what it’s like to own a piece of a publicly traded start up. We’re proud of iConsumer, and … Continue reading Letter from the CEO – September 28, 2018
Invested. Involved. Informed. I was asked recently what the “i” in iConsumer stood for and at first I didn’t have a clue. Coming from a previous site with an “i” in the name (iGive.com) and the prevalence of Apple branded “i” gadgets and services, it seemed natural to me that our site would be “iConsumer”. But … Continue reading You are the “i” in iConsumer
Our shareholders and customers (all 50,000+ of them so far) came for the experience of being an investor in an early stage startup. We’re working hard to honor that. To be as transparent as possible as we pioneer the journey for a crowdfunded startup through to something we hope becomes much, much bigger. Becoming traded … Continue reading Letter from the CEO – August 30, 2018
The summer months are being particularly busy for us. This month’s letter is basically a pointer to several things everybody should be aware of about iConsumer. Shareholder webinar On August 15, we’re hosting a webinar and you’re invited. Main focus is on the ins and outs of being a publicly traded company, what that means … Continue reading Letter from the CEO – August 9, 2018
I have two asks of you. This is an open letter, because the asks, while directed at early investors, involve the buying and selling of iConsumer stock. It’s important that everybody gets equal notice of what we’re suggesting people do to make it possible for ordinary people to get a slice of the American Dream. … Continue reading An open letter to early investors
Dear Investor – With iConsumer having traded at $.51/share several times this past week, and $.225/share just before that, I think we’ve hit an inflection point. Our customers certainly do. As predicted, a higher stock price motivates customers and prospective customers to shop more. Revenues are beginning to reflect that. Customers and prospective customers see … Continue reading An open letter to investors
In January, we started the process to get our offering SEC qualified. On June 13, 2018, the SEC qualified that offering. That means we can resume awarding our members stock for their activities on iConsumer for purchases that happened beginning June 13, 2018. And it means we can use our traded stock (OTCQB: RWRDP) to … Continue reading SEC Qualified! & hoorah!
On Thursday, June 7th, we filed what we hope is the final version of the Offering Statement. We have reason to believe that the SEC will qualify this Offering Statement in the coming week.