Today somebody paid $.5099/share for RWRDP. That’s down from the prior sale of $.51/share.
I think it all happened because somebody saw that the ASK price was $.51/share, and they really wanted to be the low ask. So they offered their shares at $.5099. One ten-thousandth of a cent less. I had no idea the OTC allowed such small differences. As of the time the image below was captured, the low ASK is $.50/share.
It looks like it worked. 375 shares got sold. While I’m sad the price dropped 1/10000 of a cent, I’m always happy to see trading happening. It’s an indication of increasing liquidity, and that’s a “good thing”.
If one of our early investors sold those shares, they’re probably very happy. Early investors paid $.045/share, so that would represent a 10X return. This is what happens when you ask the crowd to help build a company, they can win just like venture capitalists. VCs dream about 10X returns.
We’re not promising that anybody gets a positive return, but I do want to remind you that we’re raising money to fund new member acquisition over at iConsumer.com/invest. When you buy from us at $.15/share, you get the exact same stock for which somebody just paid $.5099/share, and iConsumer gets the money to help grow the business.