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Trading iConsumer Stock

By: Robert Grosshandler | March 03, 2018

iConsumer Corp. Series A Preferred Non Voting stock is quoted on the OTCQB market. On March 1, 2018, the first trade occurred.  We are as thinly traded as is imaginable.  That is, as of today, only one shareholder has said “I am selling 500 of my shares at the price somebody is willing to pay”.  … Continue reading Trading iConsumer Stock

Share Buy Backs and the 99%

By: Robert Grosshandler | February 27, 2018

In yesterday’s NY Times, there was an article about how the recent change in the tax code is causing some companies to increase their stock buy backs.  We’ve got nothing against buy backs, fwiw, but the article makes the point that this doesn’t help the 99% very much. And that’s one of the biggest reasons … Continue reading Share Buy Backs and the 99%

How long should this take?

By: Robert Grosshandler | February 24, 2018

The other day, we had a shareholder express frustration with how long this process of making a real, publicly traded, business is taking.  I shared her frustration.   But then I got to thinking about what our expectations were (different from what we hoped for) when we started down this road. The Dropbox IPO really triggered … Continue reading How long should this take?

Letter from the CEO – February 22, 2018

By: Robert Grosshandler | February 22, 2018

There’s a lot to talk about.  We’ve had almost two months since we transitioned to Bitcoin back, we introduced a new Bitcoin-based member recruitment process offering 5 Now and 5 For Life, our next offering has progressed through the SEC, and our stock (OTCQB: RWRDP) is now DTC eligible, which means buying and selling on … Continue reading Letter from the CEO – February 22, 2018

OTCQB Market

iConsumer (RWRDP) is Now Live on the OTC Market

By: Robert Grosshandler | February 20, 2018

Our stock can now be bought and sold via the OTC market, just like any other low priced stock.  You can Google it and see the prices at which people are willing to buy and sell.  This journey has taken us almost three years to accomplish.  Of course, that doesn’t mean we’re done, or that it’s … Continue reading iConsumer (RWRDP) is Now Live on the OTC Market

$5 Now and 5% for Life

By: Robert Grosshandler | February 05, 2018

$5 in Bitcoin (BTC) and 5% of your referred friend’s BTC shopping earnings FOR LIFE. This program was retired July 22, 2018. Pretty remarkable, we think.  When you get family, friends, neighbors, co-workers, or even strangers involved in iConsumer, you win and they win. They’re going to earn ownership (OTCQB: RWRDP) in iConsumer, just for joining … Continue reading $5 Now and 5% for Life

FYI ASAP TTFN

Letter from the CEO – February 2, 2018

By: Robert Grosshandler | February 02, 2018

Welcome to February I think it’s important to let you know proactively when we file important information with the SEC.  This is your company, we want you to be up to date. One of the most important things about iConsumer is that we’re regulated.  We’re required to file audited financial statements.  The auditor, while paid … Continue reading Letter from the CEO – February 2, 2018

Preliminary Offering Circular Filed / Share Price Increase

By: Robert Grosshandler | January 29, 2018

On Friday, January 26, 2018, we filed an offering statement with the SEC. Once the SEC has qualified it, which is taking about 4 weeks on average these days, we’ll be able to do two things. First, we’ll be able to issue shares to shareholders.  And second, we’ll be able to sell shares to the general public.  Unlike most … Continue reading Preliminary Offering Circular Filed / Share Price Increase

sec filing

Letter from the CEO – January 19, 2018

By: Robert Grosshandler | January 19, 2018

I’d like to wish everybody a Happy New Year.  We have over 50,000 shareholders (and shareholders in waiting).  We are very proud of this achievement. Preferred Stock Rights Change The lawyers want me to start by pointing out that we made a change in the Preferred Series A shares, those are the shares owned by … Continue reading Letter from the CEO – January 19, 2018

Shareholder Notice – Change in Preferred Series A Share Liquidation Preference

By: Robert Grosshandler | January 19, 2018

Certain changes to our equity require that we provide notice to all shareholders of those changes.  This is one of those times. This is highly legalistic, pretty thick, actually.  But, your rights are changing, so I’m going to do my best to explain what’s changed, and why. Summary We have eliminated the liquidation preference from … Continue reading Shareholder Notice – Change in Preferred Series A Share Liquidation Preference