This document summarizes a convertible note offering by iConsumer, an ecommerce loyalty program company. iConsumer is seeking to raise $1 million through an 8% interest, 3-year convertible note. The proceeds will help fund growth plans to reach 250,000 members in 1 year and achieve cash flow positive status. iConsumer has grown from 15,000 to 40,000 members in the last 6 months. The note converts to equity at $0.075 per share, a discount to the last public offering price of $0.09 per share. iConsumer believes rapid membership growth will increase its market value and allow an uplisting from the OTC QB market to a national stock exchange.