I think one of the greatest things about being an owner or prospective owner of iConsumer is the fact that you get access to our audited financial statements and our “on the record” interpretation of those statements. We just filed our latest annual report. You can learn a lot if you have the time to read … Continue reading 2017 1/K Filed – Annual Report
Good news, and more waiting for the SEC Three years ago we set out to create a crowdfunded startup with a million shareholders. To give the 99% a chance to be involved, learn, and potentially profit from the process. That meant submitting ourselves to SEC oversight and ultimately having tradeable stock – RWRDP. Overall, I’m … Continue reading Letter from the CEO – April 8, 2018
Good news – it’s finally pretty easy to try to sell your shares! At some point, you may want to sell your iConsumer shares (RWRDP). Not that you have to try to sell them. The timing of that is totally up to you. One of our jobs over the last year has been to make that … Continue reading Selling Your Shares
We’ve entered the fun zone, where iConsumer’s stock – RWRDP– is trading very, very lightly with very wide price swings. It’s great for our egos when the price is very high, and causes great gnashing of teeth when the price is low. As I write this, the last trade (of 100 shares) was at $1.05/share. … Continue reading Amazing Volatility
The journey begins for real. What came before was only prelude. Exactly three years ago this month we started out to create a company owned by 1,000,000 ordinary people. That possibility is now real. The final milestone for the first part of the journey has been passed. We’re publicly traded. Our stock is being bought … Continue reading Letter from the CEO – March 16, 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
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%
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?
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
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