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
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
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
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
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
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
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
Act I was designed to support a small raise of capital from friends and family. That capital gave us third-party validation as to our stock valuation, funding to get us listed and traded on the OTC QB, and the funds to launch a member recruitment campaign. Now, Act II. Make it possible for members and … Continue reading SEC Update – Act II: Getting Ready to Widely Launch the IPO – Our Amended SEC Filing
Each month, I’m going to try to post an update to this blog, sometime after the 10th of the month. A couple of reasons for doing this. First, we really believe in transparency, the more we can tell our members and shareholders, the better they’ll be able to support our growth. Second, as a public … Continue reading January 2017 – Letter from the CEO
I am very, very pleased to announce that on September 29, 2016, the SEC qualified our offering. That meant we could take the next steps in the evolution of iConsumer. First, we’ve begun to raise some additional capital. You can see what we’re showing prospective investors at http://www.iConsumer.com/invest. Feel free to become an investor. Second, … Continue reading Hooray! – And Next Steps