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Medallion Guarantee

By: Robert Grosshandler | February 20, 2020

File this bit of knowledge under “you don’t care, until you need to care” OR “really?” As I’ve mentioned before, my exposure to public companies before iConsumer was as an investor or seller, not as a manager. I’ve learned an amazing amount about running a public company. More to come, I’m sure. One of the … Continue reading Medallion Guarantee

Webinar: Shareholder Questions

By: Robert Grosshandler | February 18, 2020

We received some great questions from Matt Clerc ahead of our February 19, 2020 Shareholder Webinar. They’re better addressed in writing. While I agree that transferring shares is a hurdle, I don’t agree that it’s a reason to move towards competitors. The basic thrust of iConsumer is to make people investors in a start up. … Continue reading Webinar: Shareholder Questions

Stacking, Cash Back, In-Store Purchases, and Fluz

By: Robert Grosshandler | February 13, 2020

Stacking is when you use multiple rewards programs all at once to make a purchase. For instance, you may use your rewards credit card (e.g. United’s Mileage Plus credit card) AND you use iConsumer to shop at Macy’s. You’ll get miles AND iConsumer stock. With the addition of Fluz, you add a cash back layer … Continue reading Stacking, Cash Back, In-Store Purchases, and Fluz

January Amazon Update

By: Robert Grosshandler | February 05, 2020

Here is our monthly reporting on Amazon. In January our Amazon revenue grew over 500% from January, 2019. That continues the growth we began showing last year. To recap, our 4th quarter Amazon revenue growth was up approximately 450% over the year earlier period. (Please read our September post for more details on why we … Continue reading January Amazon Update

PIPEs, Shorts, and Death Spirals

By: Robert Grosshandler | January 29, 2020

A PIPE is a Private Investment in Public Equity. In and of itself, it’s not a “bad thing”. But all too often, the companies that raise money this way are small companies that have gotten themselves into financial trouble, really, REALLY need to raise money, and have no negotiating leverage. What can happen is that … Continue reading PIPEs, Shorts, and Death Spirals

Selling iConsumer stock privately

By: Robert Grosshandler | January 22, 2020

We’ve got a shareholder who is working through what it takes to sell his iConsumer stock without a stock broker or the public stock market in the picture. In other words, a “private” transaction. iConsumer isn’t involved in the potential transaction, but we can certainly share what we’re learning about the process. As part of … Continue reading Selling iConsumer stock privately

Letter from a Shareholder about Stock Price

By: Robert Grosshandler | January 17, 2020

Yesterday, I received an email from Mickey, who was concerned about the price at which we sell our stock and how that compares and interacts with the price of our stock in the stock market. We sell our stock in two basic ways – you can buy it directly from us, or you earn it … Continue reading Letter from a Shareholder about Stock Price

Preliminary Fourth Quarter Results & Analysis

By: Robert Grosshandler | January 16, 2020

As a public company, there are many, many rules surrounding the release of important information. Most of the rules are designed to make sure that any investor or potential investor gets information at the same time as every other person. They typically prohibit the person who has early knowledge from buying or selling our stock. … Continue reading Preliminary Fourth Quarter Results & Analysis

December Amazon Update

By: Robert Grosshandler | January 08, 2020

Here is our monthly reporting on Amazon. In December our Amazon revenue grew over 400% from the December a year before. In October, it grew about 637% year over year. November was up over 400%. (Please read our September post for more details on why we like Amazon.) A reminder: November results last year included Cyber Monday. … Continue reading December Amazon Update

The Cap Gap

By: Robert Grosshandler | January 02, 2020

Huh – what’s that? Some quick info. The “Cap Gap” is shorthand for the overwhelming white maleness of the investor class – especially in startups like iConsumer. The Cap is the capitalization table – the list of who has invested in, and how much they own of a company. The Gap – women and people … Continue reading The Cap Gap