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2019 1-K Filed – Annual Report

By: Robert Grosshandler | April 30, 2020

We’ve published our 2019 year-end financial statements, our SEC mandated 1-K. In the traditional public company world, they would be called a 10-K. The important difference between the two is the depth that we’re required to go into in creating the statements, plus the level of audit required. For a company the size of iConsumer, … Continue reading 2019 1-K Filed – Annual Report

Pandemic Pivot Update

By: Robert Grosshandler | April 30, 2020

The purpose of our pivot was to get more cash into our owners’ pockets, while still looking out for their futures. Now, more than ever, using iConsumer should be easy, meaningful, and optimistic. Here’s our snapshot of where we’re at as of today. Easy Our new member acquisition rate has more than doubled. It’s fun … Continue reading Pandemic Pivot Update

CEO Video Briefing – Pandemic Pivot

By: Robert Grosshandler | April 22, 2020

Earlier this week we prepared a video about our response and focus on our owners.

Pandemic Pivot

By: Robert Grosshandler | April 12, 2020

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 tale of two stock prices

By: Robert Grosshandler | April 09, 2020

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

March Amazon Update

By: Robert Grosshandler | April 03, 2020

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

How businesses can help

By: Robert Grosshandler | April 03, 2020

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 Power (and math) of Referrals

By: Robert Grosshandler | April 01, 2020

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

How Can We Help?

By: Robert Grosshandler | March 19, 2020

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?

Letter to the SEC

By: Robert Grosshandler | March 19, 2020

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