iGen Networks Corp (IGEN)

[TheChipper87]

This PR appears to be significant, and I understand this order could bring company to or near profitability. Lojack (LOJN) just got bought out at $6.45 cash per share and they don't utilize GPS tracking or the proprietary IGEN software platform that helps both customers and dealers. The paltry market cap of $5 million makes it look very interesting. CEO Chan's quote below about doubling the asset based on this and previous order is interesting. New head of sales Abel Sierra knows his stuff and was just brought on a few months ago to ramp it up.

Neil G. Chan, President and CEO of IGEN, stated, "Since announcing our Verizon major account agreement, we have successfully secured several major marketing channels for our consumer automotive service platforms. This most recent order greatly surpasses our previous single largest order received earlier this year involving 3600 vehicle service activations, which combined, we are now approaching the doubling of our asset base to 30,000 vehicles."