Last week we sent out a newsletter to our Educational list that talked about how we work with Amazon. We had a member have a negative reaction to it and he (Tom W.) wrote me a nicely written, considered email. He likened our highlighting Amazon (and our efforts to get people to use it, even … Continue reading Letter from a Shareholder about Amazon
Recently, we completed the transfer of a bunch of shares from iConsumer’s books to the transfer agent’s books. They completed that transfer last week, and this week, you can finally see that the OTC market site reflects the increased number of SHARES OUT (shares outstanding). Two things I’d like to highlight here. Our stock price … Continue reading Increase in Shares Outstanding
As I mentioned in an earlier post on the transition to 100% stock back, Amazon is a bit of the canary in the coal mine. Because we can’t reward our members directly when they shop at Amazon, it’s a bit of a tough bird. When a member chooses to shop at Amazon via iConsumer, it’s … Continue reading September Amazon Results
We’re pleased to announce that Kevin Harrington, an original Shark Tank Shark, is investing in iConsumer and has joined our Advisory Board. Part of his responsibility is to help market iConsumer to the millions of Shark Tank fans in the U.S. and around the world. Kevin’s the inventor of the infomercial, veteran of both public … Continue reading Shop Like A Shark
iConsumer is still very much a startup. While every company worth its salt values its customers and investors, we ESPECIALLY want you to know that we appreciate your support. Being involved in a startup is a special experience, full of interesting (usually interesting = good) twists and turns. Our Form 1-SA/A recounts our financial journey … Continue reading CEO Letter- Form 1-SA/A Financials 9/23/19
In August we transitioned to providing rebates entirely in our stock. As we explained, this was a long hoped-for step, but still a bit scary. Would it work? We don’t normally share results about a single month, or even a single retail partner, but because of the significance of the change, I thought it important … Continue reading August results
Today I noticed something brand new in the OTC Markets dashboard for RWRDP. “Short Interest”. “Selling Short / Short Selling” is basically the reverse of what we’re all (well, apparently almost all) trying to do. We’re trying to “buy low, sell high”. First buy, THEN sell. Short sellers are trying to “sell high, buy low”. … Continue reading Selling Short – An iConsumer Mystery and Education
I get notified when a member makes an exceptional purchase. Today, one of our travel vendors let us know that a member completed what sounds like a really, really nice vacation. It cost over $12,000. After I got over my envy, I started to add up what that meant for her (guessing gender from the … Continue reading How to make vacation memories last much, much longer
Our July Amazon numbers were up 243% over July, 2018. Thanks to our members for shopping!
If we get too big for our britches, call us on it. You own the company. Don’t accept second rate service.