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Glad we got prolog on our side. No doubt those guys are gonna want that US money ASAP.
What are you even talking about?
Bottom of the prolog LOI merger PR.
Why so interested?
I see info@igennetworks.net instead of neilgchan.
Also looks like Neil changed his email for igen lol. Probably couldnt see anything but wtf AS raise for miles.
Or is prolog making 1.8 to 3.5m of their revenue available to us on condition of a certain threshold we reach?
Hard to make out for me.
Interpretation help
900K to $1.1M USD paid through multiple tranches based on achieving minimum revenue thresholds over 12 months from the closing date of the definitive agreement. Transaction share price and close date will be established in the definitive agreement. Revenue thresholds for Prolog will range from $1.8M to $3.5M USD over 12 months for international opportunities and will be fully recognized by IGEN
Am I to interpret this in that prolog must achieve a certain revenue in the 1.8 to 3.5 m range to receive all of their shares?
End of day rebuys inc
It's not dilution it's just someone selling.
What dilution are you talking about? OS has remained the same for 4 trading weeks now.
Much more ominous and impactful than your prior prose.
Glad you took my advice on how to correctly do your job.
The price action of this stock is going to do something absolutely silly one day and multi millionaires will be made.
And they are aiming for 1 million in gross profit for 2023...
Lmfao.
Ya hard to say how many shares are anywhere near the SP right now lol. Wierd place to be in where almost everyone is underwater here...
Couple big months ahead of us here...might be the hardest part about the whole thing is these couple months where it's looking soooooo good now and waiting to launch.
Yep. Advertising is a big piece of marketing and our little company lacks it in droves
I feel like this stock is truly going to do something special and only a few of us here are really going to experience it..
Feel like were trying to escape the depths of OTC hell here...
Meanwhile gvsi has a MC of 90m with 0 revenue product of positive outlook.
Good market
Dont think that any shares can be added until that LOI is confirmed so we will have to see how that affects the share price when prolog starts receiving their shares.
1.9b at .0011 is around 2m?
Once contract dollar values in the millions hit I see fair valuation as 1.5 cents. Take into account OTC flurry and 5 cents is possible.
If no news for a few months a pullback is likely but momentum could run hard here with everything that is lined up...
Tough one to decide to sell especially with how poor the rest of the OTC has been. Likely holding for 5 to 10 cents here.
2 million market cap is a joke. We will 15x from here soon.
Wheres dummyboy
I expect low volume and boredom to continue until a dollar contract is announced... too much at stake here for those in control.
They must really believe or have been sold the same snake oil we all have because 700m igen shares for a controlling interest seems like a heavily igen favored deal.
I predicted the merger. Now I'm gonna say we already have that 1.5m logistics contract. And on top of that a few government fleet sale deals in the works. And on top of that some licensing/infringement cases that look good backed by a highly valued patent.
No way I sell my proud Mexican built business of 30 years that's earning money with a solid employee base to a stinky pinky in the US that has nothing solid to offer. Regardless of what I feel I might be able to leverage out if them.
Like you said before prolog wants something out of this too... we still havent seen what they got. 1.1M USD in an OTC stock makes no sense. They are making 8M USD per year revenue already and the 250k vehicles, 1200 clients etc etc.
Were going to explode here.
Can anyone else not believe prolog gave up 51 percent for 1.1M USD?
That patent must be seriously worth something...
Surprised how quiet this was tbh.
SgtT and lone wolf appear right after volume dwindles...
Perhaps in kahoots the entire time?!
Sgtt gonna need timestamps pics of where you were all morning.
If we dont see a half billion shares traded today I'll be shocked.
Our market cap at 2.7B shares after prolog purchase puts our market cap at 3 million at .0011.
With expected revenue of 2 to 4 million per year a fair share price would be .004 (12 million) atleast with just existing revenues at this share structure.
A penny puts us at near 30 million value on the company.
Let's see what the market decides.
This should be the beginning of some real movement.
Kayak wench this is why I didn't think 10 to 15 percent made sense.
Boom time. Gapper incoming. Called the merger
Eh disagree. I think prolog will pay to utilize igen in US market.
Short term prolog fleet sales/logistics to government is our best play.
Mid term cu trak perhaps not sure how the revenue generation is on that but numbers have sounded high for a few months now.
Q4 revs need to be higher than 175k to continue uptrend.. preferably 300k for linear growth q on q.
Long term I suppose the patent has potential for licensing and infringement cases but I dont really understand that area or believe in that business model too much... I think building the business and using the patent as a backbone for a buyout makes more sense.
Good luck all
I'm only interested in prolog. My hope is that they showed interest and joined the board with a vision to use igen for something...
The patent seems like a dead log to me... havent really felt much interest in it.
The fleet sales are all I think matter for now... cant afford infringement and licensing shit anyways.
OS hasnt changed in a month
Show us the goods chan I'm getting quite bored
Fleet money is all we want. Everything else is irrelevant at this point.
ubi and insurance discounts aren't pulling sales.