Millions of people watch the news or read the paper 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 earn stock in our publicly traded startup just by shopping. With your help, we're aiming to grow from 60,000 members to 1 million.
BUT WAIT, THERE'S MORE!
iConsumer needs more capital to grow. We're making 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.
iConsumer members can now get started directly investing for as little as $180. You get shares (OTCQB:RWRDP) for just $.18 each. 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 an amaing opportunity. It's early. The stock is hard to buy and sell. Figure on holding your stock for awhile, until iConsumer gets big enough to do a traditional IPO. That's the plan.
Why are we publicly-traded then? To legally have 1,000,000 ordinary people as investors, and not just rich folks, we jumped through tremendous regulatory hoops (the 2012 JOBS Act). That made us "public".
That has three major advantages for investors that you won't normally see in a startup:
First, we have audited financial statements and twice yearly SEC reporting (1-K's and 1-SA's). Way cool. Second, our 47 page offering undergoes annual SEC regulatory review and has enormous detail and history. Third, 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.