Overview – The CEO becomes a supernumerary This letter is later in the month than normal for a great reason. I took a holiday that was completely off the grid. Why should you care? Because iConsumer operated perfectly for two weeks without me. I successfully became an extra in the iConsumer play (at least for … Continue reading Letter from the CEO – May 2017
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
I am very, very pleased to announce that on September 29, 2016, the SEC qualified our offering. That meant we could take the next steps in the evolution of iConsumer. First, we’ve begun to raise some additional capital. You can see what we’re showing prospective investors at http://www.iConsumer.com/invest. Feel free to become an investor. Second, … Continue reading Hooray! – And Next Steps
Today we file! Working with our auditors at Wipfli, our technology and escrow provider at FundAmerica, and our SEC counsel Sara Hanks, we’re ready to file what we hope and believe is our final version of the Offering Circular. Once the auditor gives us its final consent, an Edgarized version (basically, a brain-dead HTML version … Continue reading SEC Update – July 8, 2016
It’s time we laid out our fundamental strategy – how we plan to use equity crowdfunding to create a company with over 1,000,000 customers and shareholders. How we plan to create a company to rival eBates, RetailMeNot, ShopAtHome, and a bunch of others. We’re doing it by making our customers, every one of our customers, … Continue reading The Strategy – Ownership is the Ultimate Loyalty Program
We have submitted our Form 1-A (the form required by Reg. A) to our SEC counsel for final review. We believe that this will be submitted to the SEC later this week. We completed preparing marketing documents (a “pitch” deck and a one-pager). We’ve begun sharing these with potential investors that have previously expressed an … Continue reading SEC Status Update – Feb. 15, 2016
We continue to work with our SEC counsel on our reply to the SEC comments. It is definitely taking us longer than we anticipated. We have learned an enormous amount in the last two months about how to structure our offering so that it is clearer, and hopefully more attractive to prospective investors. Additionally, we’ve … Continue reading SEC Status Update – Dec. 12, 2015
On October 30, 2015, the SEC voted to adopt new regulations governing Title III of the JOBS Act. This is specifically about small crowdfunded investor opportunities. It is another equity crowdfunding opportunity. The general consensus is that this is great for smaller startups, and companies that are not interested in immediately having a public market … Continue reading Title III Update – Passed by SEC
iConsumer has received its first comments from the SEC. It took less than a month from when we filed our paperwork. Now, our task is to answer those comments. ================================ NO MONEY OR OTHER CONSIDERATION IS BEING SOLICITED, AND IF SENT IN RESPONSE, WILL NOT BE ACCEPTED. NO OFFER TO BUY THE SECURITIES CAN BE … Continue reading SEC Status Update – Oct. 25, 2015