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July Amazon Update

By: Robert Grosshandler | August 06, 2020

Here is our monthly reporting on Amazon. You hopefully noticed that we missed a couple of months. The pandemic has made life interesting, to say the least. We did our pandemic pivot, we’ve suffered through late or weird reporting from lots of stores (but not Amazon), and we’re trying to figure it all out as … Continue reading July Amazon Update

Protecting Owners

By: Robert Grosshandler | August 06, 2020

One of the challenges in running any business is balancing the wants and desires of customers (that’s you) with the expectations of ownership (that’s also you) to make a profit. Done right, making customers happy helps to make owners a profit; maybe not immediately, but in the long run. It actually gets easier when every … Continue reading Protecting Owners

Stock activity and general update

By: Robert Grosshandler | July 23, 2020

I’m glad to report that we’re making progress on several fronts. This week was probably the highest volume of our stock being traded in the market, ever! And the week isn’t over. Three things, at least, contributed to our progress. Stock Transfer / Reverse Split As I’ve written before, we’re working on this. Transferring stock … Continue reading Stock activity and general update

Reverse Split – Part II – A Slow Motion Uplisting

By: Robert Grosshandler | July 12, 2020

We’re getting lots of great, well thought out comments on the post about our considering doing a reverse split. Keep them coming, please. This blog post tries to address the concerns many of you raised (making it a bit choppy). Some of you are seeking ways to help, which is also great. Nothing is decided … Continue reading Reverse Split – Part II – A Slow Motion Uplisting

Reverse Split

By: Robert Grosshandler | July 08, 2020

This is not a gymnastics move – no impossible physical contortions required. It is something iConsumer is in the early stages of considering. It would make each share of stock more valuable, without actually changing the value of the entire company. The goal would be to remove the label “penny stock” from our shares. Reverse … Continue reading Reverse Split

OTC and Stock Transfers Update

By: Robert Grosshandler | July 01, 2020

Until shareholders can more easily (and cheaply) transfer their stock from our transfer agent into their brokerage accounts, we don’t see much value in paying for OTC Market’s QB designation. It costs a lot, and currently doesn’t bring us enough value. Therefore, beginning July 2, 2020, if you visit the OTC site for a RWRDP … Continue reading OTC and Stock Transfers Update

Government assistance – PPP & EIDL

By: Robert Grosshandler | June 25, 2020

One of our goals at iConsumer is to have our members/shareholders participate in the journey of building a great big business. To that end, I’m sharing some background on our recent financial dealings ahead of when we might have disclosed them normally. Also, the SEC rules on these kinds of disclosures aren’t cut and dried, … Continue reading Government assistance – PPP & EIDL

We’re Qualified

By: Robert Grosshandler | June 11, 2020

Our SEC offering is qualified, that is. SEC qualification allows us to continue to reward our members with our stock when they shop and do other actions (like refer new members!). It allows us to raise money by selling our stock directly to ordinary investors. Finally, it means that the stock you receive (whether bought … Continue reading We’re Qualified

Pandemic Pivot – Update II

By: Robert Grosshandler | May 29, 2020

I just ate my first meal in a restaurant in almost three months. Granted, I was in the wide open window and I had to pull down my mask to take a bite of my breakfast sandwich, but normalcy is beginning to return. As my neighbor said: “a weird normal”. At iConsumer, some very not … Continue reading Pandemic Pivot – Update II

Letter From A Shareholder – Bitcoin Revisited

By: Robert Grosshandler | May 28, 2020

Yesterday I got a great letter from a relatively new member / shareholder, urging us to reconsider using Bitcoin as a reward mechanism. Thanks to JH for taking the time to share his/her thoughts. My reply follows the email. Here’s the email from JH: I recently became a member/shareholder in iConsumer and was very excited … Continue reading Letter From A Shareholder – Bitcoin Revisited