So far this week our stock price has gone from $.10/share to $.20/share to $.05/share. That’s quite a ride.
First, let me thank you for supporting iConsumer as a member and as a shareholder. These monthly letters are one of the most fun things I get to do. We’ve over 50,000 shareholders and soon-to-be-shareholders, all experiencing what it’s like to own a piece of a publicly traded start up. We’re proud of iConsumer, and … Continue reading CEO Letter- Form 1-SA Financials- 9/28/18
Invested. Involved. Informed. I was asked recently what the “i” in iConsumer stood for and at first I didn’t have a clue. Coming from a previous site with an “i” in the name (iGive.com) and the prevalence of Apple branded “i” gadgets and services, it seemed natural to me that our site would be “iConsumer”. But … Continue reading You are the “i” in iConsumer
iConsumer operates in a very, very big market. According to Digiday, Forrester (one of the big dogs in the analyst space) predicts the following for 2018: $3.7 Trillion – total retail sales $1.4 Trillion – retail sales influenced by digital $507 Billion – online retail sales $118 Billion – mobile retail sales, 23 percent of … Continue reading The world we live in
Our shareholders and customers (all 50,000+ of them so far) came for the experience of being an investor in an early stage startup. We’re working hard to honor that. To be as transparent as possible as we pioneer the journey for a crowdfunded startup through to something we hope becomes much, much bigger. Becoming traded … Continue reading CEO Letter- OTC Market activity- 8/30/18
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
For most people, they buy today with the expectation that the price will go up over time, not instantly. It’s an investment of time as well as money.
Amazon Prime Day Amazon has very special sales happening July 16. You can shop at Amazon via iConsumer. We make great money when you do (in part because Amazon doesn’t allow us to share what they pay us with you). For many companies, the bigger their revenues and profits are, and the faster those are … Continue reading Amazon Prime Day and our Stock Price
The fun has begun. Our stock price has begun to swing pretty dramatically, even in the course of a day or two. It’s being volatile. The big price swings happen because there are still very few sellers and buyers. If you’re going to buy or sell RWRDP, please make sure you understand your options and … Continue reading Stock Price Volatility – Buying and Selling RWRDP