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 other to easily and affordably invest in our company by setting the minimum investment amount to $25.  At the same time, recognize the changes to iConsumer made possible by our members and investors, and raise the price of the stock we’re offering to investors from $.045 to $.09 per share.  And actually get the stock listing completed.

Normally, to invest in an IPO you need thousands and thousands of dollars.  Working with a truly dedicated team of finance professionals, we’ve made it so that iConsumer can afford to accept the smallest of investors, with the smallest of investments.  We’re pretty proud of that.

So, not only can you earn stock just for being a member, but soon you can buy stock with $25.  Get your face on Wall Street.  Change your world, just a little bit.  All thanks to equity crowdfunding, make possible by the JOBS Act of 2012 (Title IV, Tier 2).

Today, we filed our amended 1-A (our offering circular) to support these changes.  The SEC has 30 days to consider our filing, and then, hopefully, qualify it.  When (the lawyers want me to say “if”) they qualify us, at that point we’ll again allow people to invest in our company.

Our lawyers want you to know:

NO MONEY OR OTHER CONSIDERATION IS BEING SOLICITED, AND IF SENT IN RESPONSE, WILL NOT BE ACCEPTED.

NO OFFER TO BUY THE SECURITIES CAN BE ACCEPTED AND NO PART OF THE PURCHASE PRICE CAN BE RECEIVED UNTIL THE OFFERING STATEMENT FILED BY THE COMPANY WITH THE SEC HAS BEEN QUALIFIED BY THE SEC. ANY SUCH OFFER MAY BE WITHDRAWN OR REVOKED, WITHOUT OBLIGATION OR COMMITMENT OF ANY KIND, AT ANY TIME BEFORE NOTICE OF ACCEPTANCE GIVEN AFTER THE DATE OF QUALIFICATION.

AN INDICATION OF INTEREST INVOLVES NO OBLIGATION OR COMMITMENT OF ANY KIND.

AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. YOU MAY OBTAIN A COPY OF THE PRELIMINARY OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT AT https://www.iConsumer.com/offeringcircular.

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