Share Price Increase – $.15 to .18 per share

By: Robert Grosshandler | July 22, 2019

The Strategy Behind Raising Our Offering’s Share Price

iConsumer is the first company to simultaneously trade its shares on the stock market, allow folks to earn shares by shopping, and sell investors those exact same shares directly. We think that exciting, challenging, and confusing situation puts a damper on the ability of our stock price to skyrocket. Changing the price WE sell our stock at is one of the few factors we directly control.

Background:

iConsumer stock has begun to trade on a more frequent basis, but trading is still sporadic and the price is still highly volatile.  When it does trade, the price hovers between $.10 and $.12 per share. If you tried to buy more than $3,000 of RWRDP in the stock market, you’d probably end up paying more than $.30/share.  So people aren’t interested in buying large amounts of our stock. And that’s a problem. Our belief is that the price we charge effectively puts a cap on the market price. 

What we’re doing:

On August 1, the price of a share we sell goes from $.15 to $.18 (we can’t change the price WE sell at more than 20% easily).

On top of raising the price, we’re raising the minimum investment amount required to buy stock directly from us.  This will make buying small amounts of our stock in the stock market more attractive.

Our goals:

  • Make it easy for investors to sell their stock, hopefully at a profit, whenever they want to sell.
  • Make it obvious that it is too soon to sell.
  • Drive people to earn more stock by shopping.
  • Have enough cash to grow rapidly.

What you can do:

You can invest directly in iConsumer before the price goes up! If you invest before we raise the price, your investment will go further and you’ll own more shares. Your choice as to how you invest.  When you buy from us, we invest the money in marketing. Buying on the stock market makes investors happy, which is also a good thing.

To invest directly, visit iconsumer.com/invest.  Want to buy our shares on the stock market. Our favorite broker is TD Ameritrade.

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3 Comments

Matthew, July 24, 2019 at 7:26 pm

I have traded for several years in the otc market where iconsumer is listed. A couple of things are evident from this post. 1) you have never navigates the otc markets and understand the trading that happens here. 2) having launched in the otc you have not understood the reality that you will not get legit investors. I don’t say these things to be mean or combative. I benefit from a share increase just as the company would but being a part time day trader, I do know how the otc works and the statements made here show a lack of that understanding. Iconsumer is still not a household name. Hell im a shareholder and if not for these emails I would forget about it entirely. If you want legit investors you have to change your approach. If you want to trade on the otc, then you should start blasting the typical pink sheet PR nonsense to try and draw attention to the stock. Unfortunately you will not get both price action and legit investors where it currently stands.

    Robert Grosshandler, July 24, 2019 at 9:45 pm

    Matthew – thanks for taking the time to comment. You suggest that we consider spending money on the PR nonsense that most OTC companies are forced to engage in. I get a call or email a day from folks who would be more than happy to help us spend money that way.

    We’re going to get our stock to $4/share the old fashioned way, we’re going to build a great big company worthy of the price. If and when it happens, it’ll be because our members are our shareholders, and they’re looking to the future, to building something of lasting value.

    We’re a public company only because we have to be. You have to file with the SEC if you’re going to have 1,000,000 shareholders. Otherwise, we’d still be private. Heck, for many things, we’re still a lot like a private company. One of the benefits of not being “fully reporting” for SEC purposes. The biggest benefit? We spend a lot less money on compliance issues.

    And, so that we’re not on the pink sheets, we spend money to be one grade up, we’re OTC QB! A small distinction, but I’ll take it.

    You may see from our materials that we have the explicit goal of uplisting to an exchange as soon as is practical. NASDAQ requires a $4/share price, that’s the magic behind that number. Mostly we want to uplist because we want our members to be able to get their shares into any brokerage account, without pain or bother. That, too, takes us being a more substantial company, because there are significantly increased costs that come with being on the NYSE or NASDAQ.

    Cheers,

    Rob

    Robert Grosshandler, July 24, 2019 at 9:59 pm

    One more thought to add. Unlike most public companies, we have an additional tool. Because every customer is a shareholder, and every shareholder a customer. Spending money on customer acquisition is simultaneously spending money on shareholder acquisition. Indeed, every day trader should use iConsumer to shop. Then they’d got stock, and have fun speculating, too!


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