Our SEC offering is qualified, that is. SEC qualification allows us to continue to reward our members with our stock when they shop and do other actions (like refer new members!). It allows us to raise money by selling our stock directly to ordinary investors. Finally, it means that the stock you receive (whether bought or earned) is immediately tradeable on the stock market, once you’ve transferred it into a brokerage account.
We’ve spent an enormous amount of energy and money on Changing the Faces of Wall Street. The world of the pandemic and of the protests is changing the world around us.
Our goal is to make it easier for anybody to participate in our capitalist economy, regardless of wealth or experience. When they do, our economy benefits, and they benefit.
Our SEC qualification is good for a year. It’s going to be an exciting ride. We’re well positioned (online shopping and all that). The stock market believes we’ll weather this storm, we’ll be able to put people back to work, and that a new normal will return. I can’t wait.