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Investors respond to positive revenue numbers.
It looks like a great venue for the company to get its message out to the right crowd!!! Yay, IGEN! Go get 'em, baby!
Yup, and far superior to any others on the market; not to mention, Chan is likely making the purchases 'very attractive'.
When the operators of the vehicles have put some miles on, I would imagine word wil spread throughout these areas rather quickly. Pretty darn snazzy device and data delivered 20X faster in 5G zones.
.... :)
It just feels like they're going to drop it from here....
Significant revenue is the only thing that will move the dial on this. Yes, thank you!
You make excellent points; organized, logical thought processes.
(Maybe not everyone is on the same page....?)
Kayak, I know! I don't disagree with you at all. Your points are right on....
"I'd argue we may have priority as CEAs exclusive provider of gps tech for the 40k option."
I like this idea; if they do it's a clear indication of confidence that money will flow in faster and heavier than SHs expect.
'Crazy thought though isn't it to give us more than their shitty website with a third of the pages having 404 errors.'
Hard not to be anno yed at it; after all it's not 'new' any longer. Looking at the bright side we can see where they are putting their time and attention - and it's certainly not being wasted.
The company is not, it seems becoming more confident in those areas where they can now see where their 'bread and butter' will come from...If they are quite certain they are on track to accomplish the 'end' they envisioned, perhaps the website is not as critical in the larger scheme of things...which it wouldn't be if 'buyout' is not believed to be in too distant future.
2023 should be awesome.
Note: NACo Annual Conference
Thu, Jul 21 – Sun, Jul 24
Gaylord Rockies Resort & Convention Center, 6700 N Gaylord Rockies Blvd Aurora, CO
While price appreciation is slow to advance, we cannot deny the 'heavy' improvements in incremental acquisitions of markets opening in an almost dizzying pace now.
"New agent agreements completed for the NW and Eastern regions "; "Discussions for CU Trak endorsement across Credit Union Leagues in New Mexico, Texas, and PR are in process – expect distribution agreements to be ratified in Q3."
" Medallion GPS PRO the next generation fleet management platform to be launched at the NACO Convention."
In addition to in house sales teams IGEN also has two large national professional auto-related distributorships working to sell product. At some point in 2023 we could hit critical mass.
Thanks Brody: Hope you're with us when we sail past .19.
Again, from April F7, "-Deployment completed for first 750 hardware units with Peak Performance Dealers. (Follow-on orders expected for Q2 )"
As of the end of March 750 CUTraks in the bag thru one distributor, Peak Performance...That was 3 mos after PPT signed up with IGEN. Since then three more mos have elapsed; Sales team is now very familiar with product, has their presentations well formed, and has the answers ready for customers. If PPT kept the same rate of sales through April til June, they may have sold a total of 1500 CUTrak units for H1 2022.
Note: December of '21 Peak Performance, and February '22 DOWC - both nationwide marketers/distributors of auto-related devices contracted with NimboTrack/IGEN to market to dealerships across the country #NimboTrack.
Each has has time to rally their sales forces, educate on product details and distribute materials directly to auto dealers across the US.
By now these two cos will have secured ? #sales of NimboTrack. By eoq1 2023 we should have a solid/substantial number of dealers online with IGEN and strong #s from this source alone to 'change the game' as Neil would say.
*DOWC covers 50 states; Peak Performance, at last count, covers 28 states.
Summary: Whatever it takes shareholders must hold on until the many accomplishments by this company have been executed, or live to regret it, imo.
June 24 PR (The "Biggee"!)
IGEN Networks Corporation wins award to provide Medallion GPS to New York State Counties
Medallion GPS Fleet Platform with patented “Driver Telematics Signature”
Lake Elsinore, CA – June 24, 2022 – IGEN Networks Corporation (OTC: IGEN, CSE: IGN), a leading innovator of cloud-based and Internet of Things (IoT) solutions for the protection and management of mobile assets, today announced its successful bid to provide IGEN’s commercial fleet solution Medallion GPS to New York State Counties. All political subdivisions and districts located in the State of New York will be entitled to make purchases of fleet services from the awarded contract. IGEN’s Medallion GPS fleet services will include its patented “Digital Telematics Signature”, which offers greater accuracy in measuring and scoring driver behavior across all Light-Commercial Fleet vehicles and their drivers.
https://nimbotracking.com/uncategorized/igen-networks-corporation-wins-award-to-provide-medallion-gps-to-new-york-state-counties/
CSE Form7 April 22
Finalized:
-Completed successful first commercial launch of CU Trak with Michigan Credit Union League in conjunction with participating in MCUL’s UP Conference – expect further expansion of CU Trak product with MCUL members during Q2
-Deployment completed for first 750 hardware units with Peak Performance Dealers. (Follow-on orders expected for Q2 );
Incidentals:
-Sponsored annual Inclusiv Conference held in San Juan, PR with approximately 300 participants. Expect CU Trak adoption to increase from 8 Credit Unions to 60 Credit Union members by second half of 2022 [color=ponk][/color]
-• FamilyShield social media initiatives have been launched and will continue throughout to 2022 – Google Adds increased three-fold for driving Amazon demand (At no time has company published numbers #FamilyShield.)
-Medallion GPS PRO the next generation fleet management platform
launched for Medium-to-Heavy Duty commercial vehicles – preparing for
first deployment in New York State
• Driver Telematics Signature (DTS) successfully launched across all five
consumer and commercial brands
June 24 PR:
******IGEN Networks Corporation wins award to provide Medallion GPS to New York State Counties
As I see it, the following items shows executed deals (Finalized); and 'promising' Sales Calls (Incidentals).
CSE Form7 May 22:
Finalized:
6 new automotive dealerships, 4 new credit unions, and three new distribution agreements expected in Q2
* Incidentals:
-• Fleet enhancements completed for Medallion GPS Light commercial fleets
• Medallion GPS PRO the next generation fleet management platform
launched for Medium-to-Heavy Duty commercial vehicles
• Driver Telematics Signature (DTS) successfully launched across all five
consumer and commercial brands
-Supply chain issues with franchise dealerships are improving, credit unions are taking on higher risk auto loans
-6 new automotive dealerships, 4 new credit unions, and three new distribution agreements expected in Q2
Expect CU Trak adoption to increase from 8 Credit Unions to 60
Credit Union members by second half of 2022
Participation in Agent Summit has created new opportunities for Nimbo Tracking in Atlanta and Portland, Oregon with additional pre-load opportunities to exceed 500 additional vehicles in Q2
Completed successful first commercial launch of CU Trak with Michigan Credit
Union League in conjunction with participating in MCUL’s UP Conference – expect further expansion of CU Trak product with MCUL members during Q2
June 29 PR:
Nimbo Tracking has secured 11 new franchise and pre-owned dealerships located in 5 states during the first six months of 2022 that account for approximately 2000 vehicles across a broad range of automotive brands.
(Incidental) Revenue contributions from CU Trak services are expected to increase several-fold with the addition of 8-10 Credit Unions from existing channels and the expected expansion of Latin American sponsored sales channels in the second-half of 2022.
-FamilyShield sold directly to the consumer through Amazon.com and IGEN’s Shopify website has been successful for customer renewals and B2B sponsored channels.
Wouldn't it be great if he wants to buy IGEN instead,
https://www.cnn.com/2022/07/08/tech/elon-musk-twitter-deal-exit/index.html
Thank you, k_w.
Thank you for the concise list, SgtT; am going to tweet it $IGEN!
"Fundamentals is the only thing that will move this and until then we will see MMs play around."
Correction: "Revenue" is the only thing that will move this in a meaningful way.
Quarter til and 2Million traded....
Still low by otc standards! $IGEN!
Very definitely!
"If things go they way they want it could be a multi-year improvement." Does seem so; up to and including possible merger with PUI, and subsequent buyout...which given 'history repeats', should happen.
This could be a real 'jewel in the crown' for shareholders.
......... :)
Simple exercise:
Watch the company accumulate assets: disruptor Patent; "IGEN's recent award to provide Medallion GPS fleet services to New York State Counties offers an exclusive opportunity for Counties and State governments to manage their self-insured assets."
Mark Wells, Robert Freeman, Tom Nealon, BOD; CEA approval; GSA/VA special vendor award; dealership contracts; CU contracts; employees increasing; newer, larger, corporate hq (All verified.)....? Price goes down; I buy. Today .003.
:) Hear you. It's in the process of turning around...even if it doesn't look that way at the moment.
Independence Day is only four days away. Happy Fourth!
I think you're right.
It says right here: Volume 'Heavy Day' 10.7M :)
Volume on the upswing.......A couple more PRs like these last two and we are GONE!
Thanks, k_w. Good stuff! I'm breathing a big sigh of relief...
It's not that I stayed awake worrying because we've had plenty verifiable data all along...but the stream of executed deals that Neil's announced just lately (the last two June PRs, especially) has been a 'game changer' for me. I KNOW now it's going to happen for us and that day is getting ever closer.
Holy Mackerel! .003 Will we see .0023? The gap is clear on one minute chart.
I've found two dealerships contracted with Nimbo Tracking:
http://tracking.tucsonvw.com/ Tucson Volkswagen! and, https://www.nashauto.com/nimbo-tracking/
Nash Auto Costa Mesa, CA
It looks like DOWC and Peak Performance are earning their commissions. I suspect these high performance distributors/marketers are making hay of the IGEN product line.
All the preliminary groundwork having been laid in prior to January 2022 is now being realized.
Thanks iGen Networks,
Yep, Steely; and now we have an answer, "Big news coming! Another press release ready for your viewing pleasure." ...Chan was referring to today's PR!
I think it's wonderful, they're building now toward critical mass; you can feel it!