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First Annual Report (Form 1-K) Filed with SEC

By: Robert Grosshandler | April 28, 2017

I am very pleased to announce that today, iConsumer filed its first annual report with the SEC.  This report, which includes audited financial statements, is required under Regulation A of the Securities Act of 1933. We have also created a page in our knowledge base where we are going to keep links to the SEC.gov … Continue reading First Annual Report (Form 1-K) Filed with SEC

Why we can’t sell shares in four states – Texas, Florida, Arizona, & North Dakota

By: Robert Grosshandler | April 21, 2017

iConsumer is able to sell shares to the public because we’re taking advantage of the 2012 JOBS Act.  More specifically, Title IV, Tier 2 of that legislation.  Basically, that legislation is an exemption from some of the most expensive and complex rules and regulations that govern the sale of securities like our stock. The JOBS … Continue reading Why we can’t sell shares in four states – Texas, Florida, Arizona, & North Dakota

April 2017 – Letter from the CEO

By: Robert Grosshandler | April 17, 2017

This month’s edition of my “everybody’s an insider” update is very sweet … Marketing – Member and Investor Growth 20,000 Members.  Lowered cost of acquisition. Lots of great stuff going on.  The most satisfying is that this past week we broke the 20,000 shareholder hurdle.   We were able to do that because our cost of … Continue reading April 2017 – Letter from the CEO

Member Earned Share Issuance

By: Robert Grosshandler | April 09, 2017

Members’ earned shares (as of March 31, 2017) of iConsumer stock are being issued the week of April 9, 2017, and the record keeping for those shares is being transferred to IssuerDirect, our transfer agent. For the moment, there isn’t anything members should do, this is just a “heads up.” In about a week and a … Continue reading Member Earned Share Issuance

FAQs for Prospective Shareholders

By: Robert Grosshandler | April 07, 2017

As of 1/19/18 Here’s a quick recap of really good questions we get over and over: Q: Why should I invest? A: At least three reasons. First, because you want the experience of being an investor. Second, because you can be a part of addressing the 1% vs 99% problem for the price of two … Continue reading FAQs for Prospective Shareholders

Disruption

By: Robert Grosshandler | March 15, 2017

Recently, one of our members challenged us on the notion of disruption.  We’re saying our Change the Faces of Wall Street effort is disruptive.  His take was that iConsumer wasn’t disrupting Wall Street at all, because Wall Street would still exist after our campaign completed. Our response: disruption doesn’t mean something goes away.  It means … Continue reading Disruption

March 2017 – Letter from the CEO

By: Robert Grosshandler | March 15, 2017

Each month, I’m bringing all of our stakeholders up to speed on events affecting their participation in the growth of iConsumer.  Our goal is to make everybody an insider as we chart new territory in building a crowdfunded business. Marketing Our Faces of Wall Street campaign has launched full blast and is doing quite nicely. … Continue reading March 2017 – Letter from the CEO

Cash is King – Interpreting iConsumer’s Financial Statements

By: Robert Grosshandler | February 17, 2017

We’re required to prepare and publish audited financial statements yearly.  Understanding those statements can be challenging. Early stage companies almost always show losses.  Amazon showed losses for most of its history.  It’s the very rare company that doesn’t show losses as it is getting started.  Facebook, Google, Uber …. you can take your pick.  All … Continue reading Cash is King – Interpreting iConsumer’s Financial Statements

February 2017 – Letter from the CEO

By: Robert Grosshandler | February 15, 2017

It’s been a busy month for iConsumer. On February 13, 2017, the SEC re-qualified our offering.  When we started this process, I was most worried that the SEC would be a major challenge.  As I have stated before, I was worried for no reason.  They have been terrific.  This time around, they had a couple … Continue reading February 2017 – Letter from the CEO

Transfer Agent Live

By: Robert Grosshandler | January 27, 2017

Here’s the text of a letter we sent out Friday, January 27 2017 Hi SHAREHOLDER, Your shares of iConsumer stock have been issued, and the record keeping for those shares has been transferred to IssuerDirect, our transfer agent. For the moment, there isn’t anything you should do. The first week of February you should receive … Continue reading Transfer Agent Live