Recently, we completed the transfer of a bunch of shares from iConsumer’s books to the transfer agent’s books. They completed that transfer last week, and this week, you can finally see that the OTC market site reflects the increased number of SHARES OUT (shares outstanding). Two things I’d like to highlight here. Our stock price … Continue reading Increase in Shares Outstanding
iConsumer is still very much a startup. While every company worth its salt values its customers and investors, we ESPECIALLY want you to know that we appreciate your support. Being involved in a startup is a special experience, full of interesting (usually interesting = good) twists and turns. Our Form 1-SA/A recounts our financial journey … Continue reading CEO Letter- Form 1-SA/A Financials 9/23/19
In August we transitioned to providing rebates entirely in our stock. As we explained, this was a long hoped-for step, but still a bit scary. Would it work? We don’t normally share results about a single month, or even a single retail partner, but because of the significance of the change, I thought it important … Continue reading August results
Today I noticed something brand new in the OTC Markets dashboard for RWRDP. “Short Interest”. “Selling Short / Short Selling” is basically the reverse of what we’re all (well, apparently almost all) trying to do. We’re trying to “buy low, sell high”. First buy, THEN sell. Short sellers are trying to “sell high, buy low”. … Continue reading Selling Short – An iConsumer Mystery and Education
The SEC has requalified our offering. Significant changes from the prior qualification include a discussion of Bitcoin and our suspension of offering Bitcoin as a reward for shopping, the removal of Bitcoin as a payment mechanism for investors, the ability to be paid cash back via Bitcoin rather than as a check, and inclusion of … Continue reading Requalification
Update 6/13/19 11:15 a.m. We received qualification today. We have submitted our revised offering for requalification. Depending on how fast the SEC responds to it, it is possible that after June 13 we will not be able to offer stock back rebates for some unknown period of time. Obviously we hope that doesn’t happen, but … Continue reading SEC Upcoming Action
We’re So Close … So We’ve Radically Upped Your Rewards to Help Us Get to the Finish Line Our presentation at the investor conference bore fruit. We’re in discussions with several investment banks, plus a really interesting non-traditional prospective marketing partner. They need to see immediate growth to continue being interested in providing significant funding … Continue reading CEO Letter – Now’s the Time
Yesterday we filed with the SEC the paperwork necessary to have our offering requalified. Our offering allows us to offer people the chance to earn our stock. Without a qualified, effective offering, we’re not supposed to offer our stock (either for sale or to be earned as a rebate). Last year, for several reasons, we … Continue reading Not Making the Same Mistake Twice
We’ve published our 2018 year-end financial statements, our SEC mandated 1/K.
Obviously, it’s your choice when and if to sell (or buy). But, if you ask me, I’d say “don’t sell yet”.