Amazon Prime Day
For many companies, the bigger their revenues and profits are, and the faster those are growing, the higher their stock price goes. Our basic belief is that our member/shareholders are going to choose to shop via iConsumer because their shopping turns into revenues and profits which might, just maybe, turn into a higher stock price for iConsumer. Our stock price is the result of many factors, most out of our control. But what you control is where you shop.
The average iConsumer member owns 348 shares. At $.07/share (the last trade as of today), that’s over $21. At $.30/share (we traded at that price in June) that’s over $100. I like $.30/share way better. Our current stock price (OTCQB: RWRDP) is easy to see, just click here.
A Note on Stock Price Volatility
The next person who buys RWRDP on the stock market will probably pay $.50/share (the ASK PRICE). That’s the lowest price somebody is willing to accept. Somebody will pay $.50/share even if that person just buys 100 shares. The next lowest price somebody is willing to accept is $.85/share.
That means for $50 plus brokerage fees (about $7) the next person who buys our stock will make the reported price move tremendously. That’s high volatility. You’d see our market cap (market capitalization = number of shares issued X price per share) go way up, too. I really enjoy seeing those numbers get bigger, and it’s not just for fun. It makes my job much easier.
Lots of people watch these numbers. Our numbers going up tell a better story than our numbers going down. Right now, our story is paramount to gaining new investors and member/shareholders.
People CAN buy RWRDP for $.15/share directly from us (not via the stock market). There is a minimum purchase ($250) plus some transfer fees. We use investors’ money to fund our growth. If things go according to plan, more growth = higher stock price.
When somebody sells our stock on the stock market, the seller gets the proceeds, not iConsumer. By the way, if you want to sell your shares, the highest price somebody is willing to buy them for right now is $.07/share (the BID PRICE).
And to keep the lawyers happy: DISCLAIMER: We are not predicting or promising that anything we or you do will cause our stock price to go up or down. Or make it easier to sell.