Short and sweet this month. Four things of note:
1. We’ve filed our newest version of our $15,000,000 offering circular (our 1/A/A) with the SEC. We anticipate a June or July qualification by the SEC. Read all about it here. Highlights include a much more detailed discussion of our intention to build our own blockchain-based reward points and our handling of Bitcoin. There is also a discussion of timing, and a potential rescission offer. This offering is designed to allow ordinary folks to invest, as well as make it possible for us to issue shares earned after February 13, 2018.
2. You can help us grow by investing in iConsumer’s bridge round. Our new member acquisition efforts are bearing fruit so we need to start marketing heavily. That takes money. We’re offering accredited investors the opportunity to loan us money, earn 12% interest and have the option to convert their loan into RWRDP at $.075 a share. Our offering, when qualified, is at $.15 a share.
3. You may see that we’re altering our positioning somewhat (basically, how we describe ourselves to strangers). We’re focusing on the experience of earning and learning about the stock and cryptocurrency markets, with a particular emphasis on millennials and women. From the perspective of advertisers and prospective investors, we’re highlighting the fact that we’re accelerating the mass market adoption of crypto, through non crypto shopping. Essentially making it possible for ordinary people to participate for free.
4. The process of transferring shares that you’ve earned to the transfer agent has begun. It’s been a little slower that we expected, but they’re making their way through the system.
Matt, May 16, 2018 at 3:53 pm
Have you tried Newchip to raise funds?