Today somebody paid $.5099/share for RWRDP. That’s down from the prior sale of $.51/share. I think it all happened because somebody saw that the ASK price was $.51/share, and they really wanted to be the low ask. So they offered their shares at $.5099. One ten-thousandth of a cent less. I had no idea the … Continue reading Some things are just fun to watch
I grew up the youngest of three kids and my older siblings would definitely tell you I was spoiled. (Maybe, I was a little!) As my sister and I were close in age & size, we shared a lot – a bedroom, books, clothes & toys. We were usually pretty good about it but tantrums … Continue reading Referral Program – Sharing is Caring
Dear Investor – With iConsumer having traded at $.51/share several times this past week, and $.225/share just before that, I think we’ve hit an inflection point. Our customers certainly do. As predicted, a higher stock price motivates customers and prospective customers to shop more. Revenues are beginning to reflect that. Customers and prospective customers see … Continue reading An open letter to investors
For most people, they buy today with the expectation that the price will go up over time, not instantly. It’s an investment of time as well as money.
We’ve been busy this past month. Stock market activity I think the most shareworthy thing this month is that we’re seeing that people investing in our stock via the stock market can radically move the price. I’ve published several blog postings that may help folks gain a better understanding of this interesting world. The first … Continue reading Letter from the CEO – July 12, 2018
We’re in the thick of raising more capital to fund new member growth. Prospective investors want to know all sorts of things, but right now, they think the most important measures (metrics) are the following: Customer Acquisition Cost (CAC) In the first quarter of this year (Q1), we spent less than $10 in cash to … Continue reading CAC, CLV, and Time to Payback
The whole point of iConsumer is to give people who have never been investors a chance at the American Dream. While simply the experience is worth it, it’ll be even better if and when our customers and investors can actually profit from their ownership. And that seems to have begun. Last week, a couple of people … Continue reading Gosh and Golly, It’s Working
So, you’re thinking of selling some RWRDP… You’ll need to transfer shares, first to the transfer agent (Issuer Direct) for earned shares, and then to a stock broker (TD Ameritrade is our fave). The total transfer cost to you is about $32.50 per transfer for stock you’ve earned (via shopping, referring, bonuses, etc.), or about … Continue reading Transferring shares to a stock broker costs too much
Today (July 5) we got an email from Kyle Beamsderfer that I thought was particularly well written. It’s a great note, and one I want to answer publicly. First, the email: K.B.’s Email Good evening I have been using iConsumer for a few months and I admit I think it is a novel idea and … Continue reading Letter from K.B.