With great volume comes great benefits, but also greater support costs.
Wow. Talk about stock price and volume volatility. All that excitement is motivating members to join. The first four days of October saw new members up 198% over the same period last year. 184 members vs. 98, to be more exact. Can’t hurt that our stock trading volume is also up. A Bumpy Ride – … Continue reading $.115,.28,.25,.115,.245,.115,.15,.25,.098 – That’s some excitement
A 304% bump up in the price is exciting. More shopping (a fundamental change) can help our stock price go up and stay up. As the price holds (and maybe continues up), eventually we’ll adjust the rebate percentage to reflect that.
We asked a small inner circle to make 1,000 share purchases, risking about $100.
We’ve begun preparing our year end financials. Look for those late in April. On top of that, we’re due to file a new offering circular before June. In order to make that process a little easier on us, we’re preparing to file it (our 1-A) possibly as early as February.
The Offering Price vs. The Stock Market Price iConsumer has two stock prices for its preferred stock, traded under the symbol RWRDP. One, the offering price, is the price we must use (it’s required by SEC regulations) when you buy or earn stock directly from iConsumer. It is currently at $0.18. This means that when … Continue reading The tale of two stock prices
I get notified when a member makes an exceptional purchase. Today, one of our travel vendors let us know that a member completed what sounds like a really, really nice vacation. It cost over $12,000. After I got over my envy, I started to add up what that meant for her (guessing gender from the … Continue reading How to make vacation memories last much, much longer
Not jam or peanut butter. The difference between the bid and ask price for RWRDP. I know, I know, I keep saying our stock price doesn’t matter yet. It’s a long term thing; we’re still a start up. But we worked very hard to become a pre IPO publicly-traded company, and I can’t help myself. … Continue reading A Normal Spread
So far this week our stock price has gone from $.10/share to $.20/share to $.05/share. That’s quite a ride.
The Holidays! The Holidays!! Stop reading this, go shop at iConsumer. Tell your friends to shop at iConsumer. Building the business is my job number one. I’m sharing my job with you <grin>. Then, and only then, should you read this update. Overview The first thing I do each morning is to check out the … Continue reading CEO Letter- Holiday Shopping & Member Survey- 10/26/18