Each month, I’m bringing all of our stakeholders up to speed on events affecting their participation in the growth of iConsumer. Our goal is to make everybody an insider as we chart new territory in building a crowdfunded business. Marketing Our Faces of Wall Street campaign has launched full blast and is doing quite nicely. … Continue reading March 2017 – Letter from the CEO
It’s been a busy month for iConsumer. On February 13, 2017, the SEC re-qualified our offering. When we started this process, I was most worried that the SEC would be a major challenge. As I have stated before, I was worried for no reason. They have been terrific. This time around, they had a couple … Continue reading February 2017 – Letter from the CEO
Hoo boy! We received our comments from FINRA today. They are very mechanical in nature. The next step is to address their comments, which involves a couple of very slight tweaks to the offering circular, and some of the documentation between FundAmerica and iConsumer. Then, the SEC gets to look at it. Then, if … Continue reading SEC / FINRA Update – August 11, 2016
The SEC turned around our offering quickly. At that point, it became necessary to get FINRA sign off. One of the most fun learning experiences I’ve had recently is understanding what FINRA is. It stands for Financial Industry Regulatory Authority, and basically regulates “broker-dealers”. Those are the folks who help you buy and sell securities … Continue reading SEC / FINRA Update – August 9, 2016