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LOL Quiet here…waiting on Form 7
I am sure IGEN submitted the patent augmentation for a good reason:) Sit tight…
Yeah, but they’ll dump until they don’t, right? They are trying to scare LT investors out of their shares to scoop them up at these ultra-low prices; you know this. The name of the game is is to stomach the volatility until the MMs are on your side and they run this sucker up like crazy…it’s coming
We need a Picasso to show up
I remember in January, I believe, we had a huge day after a form 7….I think we traded like 1/2 Billion shares, so it is possible
I’m still thinking we may merge w/PU. Maybe that is what all the dilution is for b/c it would cost some $…Wells would probably want us to get more contracts under our belt, first. The two companies have way too much in common for that scenario to be ignored. That would propel us to .06
Thx Sgt
How’s the L2 looking? How big is the wall at .0029?
Form 7 cometh….
I’m surprised they gave it to you at the ask…
OK, who’s selling because we are up one Venezuelan Bolivar?
or California…
Great info Sharp. I recall that telecom companies were basically putting 4G to bed by May 31, 2022
PR time then….?
Nice work. They probably won’t care, but worth a shot
IGEN part of lawsuit against Crown…damages coming? https://casetext.com/case/sec-exch-commn-v-crown-bridge-partners-llc
Perfect time for a PR…Come on Mr Chan!
Great find Fang…Let’s get this ticker going!
Thanks Sharpei. I had doubts about posting it, but I know a lot of us longs are suffering…so a bit of reprieve
Nope…I did mention the dilution, but he did not specifically address it as you can see from the response. I am sure he was careful not to divulge any insider info. It was clear from early on that this is the Chan train and you either get on and go for the ride, or jump off…He isn’t much of a cheerleader, unfortunately:)
No worries. I really wasn’t expecting a response, but glad he did. It shows he does care about shareholders and it is good to hear that he is executing, as we all suspected, but good to hear it from the horse’s mouth. We just need paytience.
Haha absolutely
Will do tomorrow Sarge
Got a response from Neil today: XXXXX, I appreciate your support. My approach over the years has always been to focus on the business and the shareholder value will be realized. IGEN has never been better positioned in the marketplace to become a disruptive force and market leader, so I would encourage you and your associates to take advantage of buy opportunities and stay patient. We have the largest private institutional investors supporting our growth, the most diversified IoT platform in the industry, and a strong intellectual patent portfolio-eventually our true value as a company will become apparent.
Regards,
Neil
Stock price 2/10 of one penny…smh
Truth
If he increased the share count by ~100M shares at .003 = $300K….I wonder what is going on behind the scenes…?
Nice pickup Sharpei
Nah…He just knows what he has and doesn’t care about the day to day movement, or pleasing shareholders for that matter. The company has the tech/patent and business is headed in the right direction and he has his eye on the prize. Granted, it is annoying as hell being a current shareholder, but he is going to deliver. I am betting on it;)
10-4 buddy. I think the outstanding share count is around 1.625B, if I remember correctly. Hopefully, Chan gives us a PR about inking another contract. Would be nice to dilute at a higher PP rather than down here 2 pesos
No way we hit the $5M mark at this price point to turn off the Jefferson Capital dilution. So, the limit of 200M shares should be what stops it, eventually, but I don’t think we are even close yet. When it’s completed, should put our share count around 1.75B, I believe.
We need a legit PR with news about new contracts. Mr Market doesn’t care about the Form 7s…I appreciate them though so we can thank the CSE for making them a requirement
I bet we get a juicy form 7 to start the next leg up…
Truth
Agreed Sharp. I'm thinking $150M...puts us at roughly .10/sh
Haha true…I think we’ve tried in the past and failed