By law, Stock Back is calculated based on our SEC Qualified Offering price - currently $0.25 per share (as of April 29, 2021). This is not necessarily the same as the market price of OTC: RWRDP.
Current rate filing price can also be found in the footer of every page of iConsumer.
Example:
Purchase total: $185.00
Advertised Stock Back rate: 7.5%
Stock price calculation: $0.25
Stock back = 55.5 shares
Example Calculated as:
185 X .075 = 13.875
13.875/.25 = 55.5
Article ID: 382, Created: 4/7/2020 at 2:23 PM, Modified: 3/8/2023 at 6:58 AM