Millions watch Shark Tank and think "I want to invest, but I'll never have the funds to take the risk".
Good news: We changed that. Now, anybody can Shop Like A Shark™ -- earning stock in our publicly traded startup just by shopping. With Kevin's help, we're aiming to grow from 60,000 members to 1 million.
BUT WAIT, THERE'S MORE! (Fun fact: Kevin invented the infomercial.)
Kevin's first bit of advice to us? "iConsumer needs more capital to grow. Make being an iConsumer member even more special by giving members a deal on investing directly." Traditionally, that's been only rich folks' territory. Typically $10,000 minimum investments and substantial net worth.
So we changed that, too.
Kevin's made it possible for iConsumer members to get started directly investing for as little as $180. You get the same shares (OTCQB:RWRDP) and price ($.18/share) as Kevin got. We love it, because your shares come directly from iConsumer, and we use your investment to attract more shoppers.
We plan to stop accepting direct investors after we've raised $500,000. FYI: Honey just sold to Paypal for $4,000,000,000. eBates (another big name in the cashback space) sold for about $1,000,000,000. (Those are billion with a "B" price tags. Honey had 17,000,000 members. eBates had about 2,000,000. Early investors had great big smiles.
"You can buy and sell iConsumer's stock on the stock market, but iConsumer hasn't done a tradtional IPO yet. That's why this is a Sharkworthy opportunity. It's early. The stock is hard to buy and sell. Figure on holding your stock for awhile, until they get big enough to do a traditional IPO. That's my plan.
Why are they publicly-traded then? To legally have 1,000,000 ordinary people as investors, and not just rich folks, they jumped through tremendous regulatory hoops (the 2012 JOBS Act). That made them "public".
That has four major advantages for us as investors that you won't normally see in a startup:
First, they have audited financial statements and twice yearly SEC reporting (1-K's and 1-SA's). Way cool. Second, their 47 page offering undergoes annual SEC regulatory review and has enormous detail and history. Third, because I'm suggesting you consider investing alongside me, I need you to know that they're paying me $22,500 a month to be on their Advisory Board, and I'm investing all of that in their stock, at $.18/share. Being a Shark pays well! Fourth, when it's finally appropriate to do a tradtional IPO, the road is much shorter."
58,000 members earning stock in our company by shopping at
Making money because the stores pay us every time they shop.
Experience being an investor in a startup.