Here is our monthly reporting on Amazon. In February our Amazon revenue grew over 1300% from February, 2019. This February had one more day in it, but that’s not the reason for the increase. (Please read our September post for more details on why we like Amazon.) To make our lawyers happy, I’m sharing that our Amazon … Continue reading February Amazon Update
Since so many of our members are here to learn about the trials and tribulations of being involved in a publicly-traded startup, I thought I’d share our thoughts on how the potential pandemic might affect iConsumer’s fortunes. First, most of our members are located in the United States, so only if and when Covid-19 starts … Continue reading Coronavirus preparations and iConsumer
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
We received some great questions from Matt Clerc ahead of our February 19, 2020 Shareholder Webinar. They’re better addressed in writing. It has become apparent that the transfer of shares from the transfer agent, Issuer Direct, to a viable/receptive brokerage firm has become a roadblock both domestically and especially internationally, as seen in the iConsumer … Continue reading Webinar: Shareholder Questions
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
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
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
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
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
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