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MLFB will have its day. We've already seen how fast this can fly into pennies with decent volume
This will start skipping entire pennies when volume comes in
Yeah, almost 2 million dollars in $ volume isn't chump change. Has moved beyond ihub money.
Looks like we will be keeping QB status;)
Looks like we will pass up a few of the other highly touted runners here pretty soon
We having fun yet???
$$$IGEN$$$
This is moving up much easier on less volume, pretty good indication that dilution has ended
This won't see .003's again because there is simply no reason for it to. There was a chance for a big sell off today if the 10Q had been poorly recieved, but that clearly didn't happen. Going forward, I can't see any reason for a sell off to happen, everything is forward looking now. Every Q report will be better than the last.
The Company announced an exclusive and multi-year Nationwide Partnership Agreement with County Executives of America representing 700 Counties with over 450,000 self-insured commercial assets.
Interesting in the original PR it was an "estimated 350,000 assets"
"This exclusive partnership with the County Executives of America represents an opportunity for IGEN to offer fleet management solutions for an estimated 350,000 assets utilized across 700 Counties in the USA," said Neil G Chan, CEO of IGEN Networks Corp. The diversity of these assets along with the self-insurance of these assets creates an excellent fit with the capabilities of the Medallion GPS PRO Platform.
Now that number has been revised to "over 450,000 self-insured commercial assets".
So, the deal is actually bigger than Chan initially estimated as the deal is unfolding. A very good sign imo.
Was a little worried when I bought at .07 a month ago, but it is holding up extremely well.
I plan on holding for at least a year so I don't really care about these sub-penny intraday swings.
Covid may actually help this league gain a foothold depending on the timing of everything. People will be hungry to see sports, ANY sports. This league won't draw huge crowds anyway so the social distancing wouldnt be a factor, could even turn out to be a plus.
I hope not too but just a feeling that it will
I'm thinking it might gap up at the open
Nice day here :)
No way it is over 1 billion. We will find out soon enough though
Longer-term, the real opportunity for IGEN appears to be in usage-based auto insurance. IGEN already has credit unions as its customers. This vital inroad into the financial services sector may give it a real opportunity to sign up insurance companies as its clients. Last year, IGEN took ownership of a patent for measuring and scoring driver performance and behavior. This patented technology is useful for fleet owners who want to promote driver safety. It also competitively positions IGEN in the fast-growing usage-based auto insurance space.
When insurance companies come on board, this goes to dollars.
Disagree. PA$O just ran to .15 cents all based on hype and potential of a RM that hasn't even completed yet with an OS that is higher than IGEN's. IGEN has 2 newly signed and completed deals that will increase revs by many multiples higher, with more deals in the pipeline imo
Massive increase in revenue right here.
According to IGEN CEO Neil Chan, the deal with County Executives of America presents an opportunity to bring Medallion GPS Pro to an “estimated 350,000 assets.” This is of course a highly bullish outlook that assumes IGEN will be able to convert the entire addressable market presented by this deal, which is unlikely.
A more reasonable conversion rate would be 50%, which with an addressable market of 350,000 assets, works out to 175,000 assets. This is still a good number by any measure, considering the subscriptions are on annual basis and the deal runs for three years.
Agreed
PappaJohn I believe you are correct about the connection between MCUL Service Corporation and CU Solutions Group. They are either the same company or under the same umbrella.
From the PR:
"MCULSC's partnership with IGEN gives us an exciting opportunity to continue providing the relevant products and services Michigan credit unions need to be successful," said MCUL & Affiliates CEO Dave Adams. "It makes perfect sense for us and our team is excited for the road ahead."
Dave Adams is the president and CEO of both MCUL and CU Solutions Group, and they share the same corporate address.
CU Solutions Group:
Headquartered in Livonia, Michigan, we proudly serve more than 3,400 credit union clients nationwide along with partners across 48 states. We have built strong alliances with Sprint, Intuit TurboTax®, GSTV and CU Vendor Management.
We are majority-owned by the Michigan Credit Union League and have more than 100 investors comprised of leagues, credit unions and credit union system organizations including CUNA Mutual Group and CO-OP Financial Services.
https://www.cusolutionsgroup.com/about-us/about-us
Serving 3400 credit unions nationwide is a large footprint.
Connections. Connections. Connections...
The chart is perfectly primed for a run into multi pennies
Give it some time. Interest and volume are picking up here.
MCUL + CUNA
I think he said he "wished" he held his 11 million from .0007, yeah I'm sure he does lol
Dollar volume was an all time high $1.6 million dollars traded, topping last week's $1.3 million. Interest is only growing here, more whale sightings on the horizon.
The trading pattern has shifted noticeably today. Looks like dilution free trading to me.
Once the low subs flippers are all out this can easily run to multi pennies, there is a lot of interest building here.
The ibox should be updated with information about the MCULSC deal.
Added 500k shares today. If there is even a hint that they will field a league next spring, this will run instantly to a dime.
Volume is pretty strong actually
No problem through Schwab
#1 on breakout boards. Many new eyes will be here tomorrow.
IF you got in at trips, then why are you complaining? You're up at least 500%, correct?
Not a PR, but articles like this bring more attention to the stock, which is a good thing.
It's a great story for sure, but their financials look pretty scary lol. Granted, nobody should expect to see any revenues until they actually start playing and selling tickets, so of course they have a large accumulated deficit. If they don't launch a season in 2021 I don't think it'll ever happen but if it does, could be huge.