Letter from the CEO – December, 2017

By: Robert Grosshandler | December 6, 2017

Great Excitement!

Did you hear me shout out for joy?  News so exciting I’m skipping the normal format of my monthly communication.  

Why was I so excited?

One of my most important goals as CEO is to make sure there is a liquid market for our stock, that is, that there are many willing buyers and sellers.  Getting a stock ticker symbol was an absolutely necessary next step to being able to fulfill that goal and continue our journey forward.  

After eleven months of continued effort, we were finally issued our ticker symbol.  It’s official, we are now quoted on the OTCQB market as ICCMP.  But don’t get used to that symbol, we’re going to change it for something cooler.  NOTE: As of December 13, 2017, the symbol is RWRDP. – as in ReWaRD!

We still have plenty of hurdles to get over to reach the “liquid market” goal.  For instance, while we are now quoted on the OTCQB market, you aren’t going to see any quotes on there for some time.  To make trading happen (and make it possible for you to transfer stock from the transfer agent into your brokerage account) we need to get the electronic interchange of our stock connected (DTC and DWAC eligibility). 

To have a market where it is easier to buy and sell our stock, we need to keep growing the member base of iConsumer.  In addition, we need to generate awareness and interest people in becoming investors, and eventually, when we’re large enough, work to attract institutional investors.  None of that guarantees that the price of our stock will go up (or down).  But, without the ticker, we couldn’t even get started.

How can you help?

Shop via iConsumer! Use our apps, our site, our Button and our newsletters.  More shopping helps grow the value of the company, and you’ll earn more shares.  Tell your friends and you’ll earn 100 more shares when you refer friends that shop via iConsumer. 

Want to invest today?

If you’re an accredited investor, you can participate today in our current offering.  You’ll be lending us money, earning 8% interest, and if you decide you want to turn your loan into ownership of our equity, you’d be buying it a discount to the next offering price.  Visit our Crowdfunder campaign to see the details.

What’s next?

Now we can submit a new offering to the SEC that allows us to sell and issue stock to ordinary people (another Reg. A+ offering).  Upon qualification of that offering, we’ll be able to  issue you the shares you’ve earned from shopping and to sell stock to investors. That will give us more money to accelerate our growth.  While SEC qualification isn’t certain, we think that it’ll take about four weeks from the time we file.  We’ll post a note as soon as we qualify.

Can I sell my stock?

Technically you have always been able to sell stock that’s been issued and transferred to you, but finding a buyer was the hard part, and that’s where the OTCQB market makes it easier.  Now there’s a place to find people who want to buy or sell our stock. 

What’s my stock worth?

We’re not allowed to say our stock is worth X.  We are only allowed to tell you the price at which we sold stock.  Today, once people start buying and selling our stock via the open market, you can see what they thought.  Just Google OTCQB: ICCMP.  In several weeks, after the DTC and DWAC stuff is done, you’ll be able to see the latest buy and sell offers.  

Unissued shares of stock?

What about those shares that you’ve earned, but haven’t been issued and transferred to the transfer agent?  Once the offering is SEC qualified, you’ll be able to instruct us (via our website) to issue and transfer your shares.  And from there, you can instruct the transfer agent (Issuer Direct) to transfer your shares to a brokerage account, so that you may sell them if you find a buyer at a price you like.  There will be a small fee to issue and transfer shares to the transfer agent.

Thanks for being a part of this journey.  Our 50,000 members are helping to change the faces of Wall Street, and we’ve just taken a giant step forward.




Pamela DERK, December 7, 2017 at 12:56 pm

I’d love to get more involved

    Robert Grosshandler, December 7, 2017 at 1:05 pm

    We’d love to have you more involved. Four ways. Go shop!!!! If you’re an accredited investor, go invest over at http://www.crowdfunder.com/iconsumer. And if you’re an ordinary investor, wait for our offering, early next year. And lastly, tell your friends, and earn shares when they first shop.

Dorothy martin, December 7, 2017 at 5:01 pm


Jon, December 7, 2017 at 10:12 pm

What does that mean for Canadians holding shares on your site? After sec approval can we transfer them to a US brokerage account under our name?

    Robert Grosshandler, December 8, 2017 at 9:27 am

    SEC qualification will mean that we’re allowed again to issue your shares to you, and transfer them to the transfer agent. Once you instruct us to do that, and once they’re at the transfer agent, you instruct the transfer agent what you want to have happen to them. The transfer agent will be happy to transfer them the brokerage account of your choosing. Two things have to happen for the transfer agent to be able to do that. First, we need the DTC / DWAC stuff done (that’s probably this month), and second, your brokerage firm must be willing to accept them. We don’t control that second step.

    It shouldn’t matter if you’re a Canadian citizen with a U.S. account.

Jeff Pittman, December 8, 2017 at 2:07 am


Jeff Pittman, December 8, 2017 at 2:40 am

I’ve reserved the ticker GRIT via the NASDAQ, but likely won’t be able to use it within their two-year reservation window. I’d be open to transferring it to iConsumer.
Noticed over the years that a catchy ticker can really help attract attention (first one that comes to mind is GROW). Food for thought.

    Robert Grosshandler, December 8, 2017 at 9:37 am

    GRIT’s a great ticker. I’ve learned something I think. Can anybody reserve a ticker via NASDAQ? FINRA and the OTC don’t allow you to reserve.

Sherry, December 8, 2017 at 2:56 am


MiChelle, December 8, 2017 at 8:01 am


    Robert Grosshandler, December 8, 2017 at 9:23 am

    And a big thanks back at you. We’re proud of what we’re doing. More steps to go, but we’re making wonderful progress.

Lori, December 8, 2017 at 11:48 am

Loved this whole concept since the beginning – and seeing it become a reality with a real value is so awesome!!

    Robert Grosshandler, December 8, 2017 at 12:25 pm

    Hehe. We always thought it had real value. Heck, people paid us $.09 a share. But, you’re right, now being able to see how people are valuing us, just by Googling, is darn cool.

    It’ll be quite slow at first (and completely quiet until we get DTC / DWAC stuff done). And, if nobody wants to sell, it’ll stay quiet.

Jeff Pittman, December 23, 2017 at 10:39 am

Regarding symbol registration — yep! The NASDAQ form provided is here: https://listingcenter.nasdaq.com/SymbolReservationRequest.aspx

Now as far as building a company worthy of a symbol, that’s a whole different ballgame :). I think iConsumer is doing a fabulous job of doing so, and I’m delighted to be a shareholder.

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