As of this morning, the price per share on the open market is $.10; the number of shares outstanding is 112,975,894. So the Market Cap of your business is $11,297,589.
June will be another interesting month. Amazon has announced that June 21 and June 22 are Prime Days. In the past, we’ve seen a substantial positive bump in revenues due to our members shopping on Prime Day.
So far in May we all used iConsumer so much that our Amazon revenues were up 242% over last year’s mid May number. That’s more than triple growth. Confused? That’s the fun of statistics.
People are more likely to shop more and tell their friends more when they see our stock price go up. People shopping more means we earn more. Making earnings go up. Just maybe, that makes the stock price go up. People get more excited and I get to use the word more more. And it goes on and on.
We’ve published our 2020 year-end financial statements, our SEC mandated 1-K. In the traditional public company world (if we were a “fully-reporting” company), they would be called a 10-K. The important difference between the two is the depth that we’re required to go into creating the statements, plus the level of audit required. For a … Continue reading 2020 1-K Filed – Annual Report
We plan for this to be the first of many radically increased rebate offers – one each week On Thursday, April 15, we’re introducing a new marketing tactic. Part of the purpose of this blog is take you inside the building of a publicly-traded startup. This is something we can do that most companies can’t. … Continue reading Walmart – 3X Rebates
We share these results because how we’re doing at Amazon gives us, and you, insights that we think are valuable. As we mentioned last month, we saw wide variances in our January, February, and the first part of March results. Therefore, we’re presenting the entire quarters’ preliminary results, smoothing out that unexplained variability. We share … Continue reading Amazon 1st Quarter Results
To finish this analysis off, we looked at January 1, 2020 – March 17, 2020 and compared that to this year, same period. Up 65%.
This new offering becoming qualified set into motion changing the price at which we sell our stock (either because you earn it shopping, or buy our stock directly from us at iConsumer.com/invest).
Every company worth its salt has a mission statement. Certainly every tech startup does. Sometimes they have vision statements, sometimes they talk about purpose. Slight differences, but generally they serve the same objective. It feels like something that only MBAs would love, but it turns out to be quite useful as a marketing and management … Continue reading Updated Mission Statement