Earlier this week we prepared a video about our response and focus on our owners.
Owners get 95% Cash Back (95% of OUR commissions)Every Store, Every Day It’s tough to think about the future and stocks and share prices when just getting through the week can be hard. We asked “what can we do for our owners (that’s you), right now?” Turned out, the answer is simple. It’s a short-term … Continue reading Pandemic Pivot
The Offering Price vs. The Stock Market Price iConsumer has two stock prices for its preferred stock, traded under the symbol RWRDP. One, the offering price, is the price we must use (it’s required by SEC regulations) when you buy or earn stock directly from iConsumer. It is currently at $0.18. This means that when … Continue reading The tale of two stock prices
Here is our monthly reporting on Amazon. In March our Amazon revenue grew over 300% from March, 2019. This growth rate is slower than in the prior month. In part that’s because March of last year was already a pretty good month. And of course, the Covid-19 pandemic began to show up in our numbers. … Continue reading March Amazon Update
The other day we asked our shareholders how iConsumer and other businesses might be able to help during these very challenging times. The only real guidance was that simply giving money away wasn’t one of the choices. Our sister site iGive.com published the results earlier this week at blog.iGive.com. Check out some of the great … Continue reading How businesses can help
The most effective marketing comes from people telling people about something. That’s doubly true for iConsumer. That’s why we pay you $10 and a bunch of stock when you help grow the company you own. Each iConsumer shopper is worth around $200 (maybe more) when it comes time to sell iConsumer to some bigger company … Continue reading The Power (and math) of Referrals
These are challenging times. While iConsumer doesn’t have the ability to help in our communities by donating money, we do have a wealth of technical resources we’d be happy to share. As we thought about that, we realized that maybe our shareholders had some ideas that we should consider. We’d love to hear what those … Continue reading How Can We Help?
This is a first for us. The SEC regularly asks for comments on proposed rules and regulations. The OTC Markets, as well as our SEC counsel, recommended that we respond to this request. The SEC is looking to revise the rules that govern how easy it is for iConsumer shareholders to get their stock into … Continue reading Letter to the SEC
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