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
I have two asks of you. This is an open letter, because the asks, while directed at early investors, involve the buying and selling of iConsumer stock. It’s important that everybody gets equal notice of what we’re suggesting people do to make it possible for ordinary people to get a slice of the American Dream. … Continue reading An open letter to early investors
We often talk about increasing the value of iConsumer. We often go on to say we hope that an increase in value increases the price of our stock. But, we can’t promise that, we can only hope. For instance, today we’ve got a promotion starting where, if a member trials the iConsumer Button, we’re going … Continue reading Value versus stock price
Today somebody paid $.5099/share for RWRDP. That’s down from the prior sale of $.51/share. I think it all happened because somebody saw that the ASK price was $.51/share, and they really wanted to be the low ask. So they offered their shares at $.5099. One ten-thousandth of a cent less. I had no idea the … Continue reading Some things are just fun to watch
Dear Investor – With iConsumer having traded at $.51/share several times this past week, and $.225/share just before that, I think we’ve hit an inflection point. Our customers certainly do. As predicted, a higher stock price motivates customers and prospective customers to shop more. Revenues are beginning to reflect that. Customers and prospective customers see … Continue reading An open letter to investors