Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
It may take a couple months for contracts to show up...? But, yes it's a positive...one step at a time, Sarge. I hope I can wait out the next couple years...it all could take awhile.
re ASEC Association of Credit Union Executives of Puerto Rico:
"This agreement will enable ASEC and Credit Unions to generate new revenue streams in marketing IGEN's CU Trak and FamilyShield to their members and families. In conjunction with the U.S. Department of Treasury's Community Development Financial Institutions (CDFI) Fund, which has granted $13.2M to 105 Credit Unions and Cooperatives for Technical Assistance in 2022 thus far, the CDFI Fund will provide the financial assistance to Credit Unions to utilize CDFI qualified technologies for the benefit of their members. On behalf of the Board of Directors of ASEC, it is with great pleasure to announce our partnership with IGEN Networks Corporation. As we strive to transform our Credit Unions in Puerto Rico to utilize innovative products like CU Trak, IGEN Networks is the perfect partner to help us get there. We look forward to a long-term relationship," said Aurelio Arroyo, President of the Board of ASEC.
Since the first time I interviewed Abel I. Sierra over our radio station a couple of years ago, I knew CU Trak would be a game changer for our Credit Union community in Puerto Rico. Now that the pandemic is behind us, we are much better position to promote CU Trak and with the support of the Board of Directors we look forward to expanding the use of IGEN technologies for all Credit Unions in our beautiful island of Puerto Rico," said Dahlia Torres, Executive Director of ASEC
"IGEN Networks sponsorship and participation at ASEC's annual meeting in Punta Cana, Dominion Republic was a huge success. Although Credit Unions have heard of similar technologies in the past, no company has ever focused on addressing the specific technology needs of Credit Unions and automotive financing like we have. IGEN has developed products like CU Trak with ASEC in Puerto Rico in anticipation of further expansion into Latin America and further partnerships with ASEC affiliated organizations like the CUNA Mutual Group," said Abel I. Sierra, Chief Operating Officer of IGEN Networks Corporation."
It's becoming clear why Abel was needed in this position...He'll be racking up the ties to Latin American credit unions!
L2 IGEN:
https://investorshub.advfn.com/uimage/uploads/2022/10/31/zturcL2.png
Sorry, reindll, I just saw it...
It does seem the stars are aligning.......
Buckle up... JoeCazz, Eager Beaver and GraniteGod all tweeting IGEN on Twitter.
You may be incorrect; RSI has hit and remains at 70 or higher EOW; TTM Squeeze seriously OB at EOW.
Did you not see: Elgordo84?
"This didn’t last long
Ya had been Warned
GLTA
ILL WAIT FOR MY ENTRY
$MNGG
#ELGORDODAMUS"
$MNGG:
$MNGG WOW!!!! pic.twitter.com/qzkfLdhb7g
— Penny Whale (@WhalePenny) October 28, 2022
$MNGG:
$MNGG WOW!!!! pic.twitter.com/qzkfLdhb7g
— Penny Whale (@WhalePenny) October 28, 2022
$IGEN 1M: The 10MA is beginning to curl up; but, my big 'tell' is the smooth diagonal upper left to lower bottom on VOLUME. It's been quite reliable as a change in trend indicator (Works the reverse, too. Look at MNGG, as it hit a high of .0011 from 0000. P.S. TTM Squeeze works similarly on its Histogram.)
Share Structure
Market Cap Market Cap
2,910,703
10/26/2022
Authorized Shares
1,890,000,000
10/24/2022
Outstanding Shares
1,712,178,280
10/24/2022
Restricted
71,635,177
10/24/2022
Unrestricted
1,640,543,103
10/24/2022
Held at DTC
1,605,714,313
10/24/2022
Float
1,122,419,797
03/18/2021
I can't imagine CEA execs were any too impressed with Chan's showing in CO. We've seen '0' results from that special invitation to attend NACO conference. #FamilyShield campaign never took off either; dealership #s improving now that DOWC, PPT (PCF Insurance, Lehi UT now) are employed.
I hope Abel has the time, wisdom and motivation to get this foundering ship turned around.
Yep!
Where is false information posted?
$MNGG:
BOARD RESOLUTION OTC:MNGG
RESCISSION OF THE REVERSE SPLIT & RESCISSION OF THE
NAME CHANGE
THIS RESCISSION OF THE REVERSE SPLIT (the “REVERSE SPLIT”) is made and entered into as company
record and the current management herein asthe “parties” collectively or a “party” individually this OCTOBER
26 2022 .
RECITALS
https://www.otcmarkets.com/otcapi/company/financial-report/349626/content
WHEREAS MNGG ex-management announced reverse split dated July 6, 2018 (the “REVERSE
SPLIT”), pursuant to which MNGG reverse split of 1:40,000
WHEREAS, the parties now desire to unwind and rescind the action referenced inthe above
recital (the “REVERSE SPLIT”)
$MNGG 337M shares traded today (so far- 3PM ET) 337M.
Yes, OTC only are not showing T&S; "working on it."
BTW, this has happened before; my TDA contact found a *notation dating back Jan/Feb, same problem. This issue should not happen twice with a company size and reputation of Charles Schwab/TDAmeritrade...three hours into trading. Ridiculous!
getmoreshares: Are you still having problems with
Time and Sales? I have TDA tech on phone; been on phone about 15 mins, two contacts. TOS is saying otc cos not reporting correctly. ???? Sounds to me like a phony solution...as even IGEN and ELTP and many other tickers are not being reported along Time and Sales.
Yes! reTOS: Probably technical as the status just switched over.
TDA has removed 'restriction' to purchase shares MNGG.
Thanks, GMS. Great news!!!!
#OTC is on FIRE!!! Where's IGEN's play?
I hope he realizes he may have bit off more than he could chew when he decided to go this route (OTC); we've allowed him to get away without any direct contact with shareholders....k_w was the first to publish facts re: who has brought the contracts in...All the time and shareholder money that has been wasted with Chan attending Agent Summits, the NACO conference and others...in over one year since those were attended and zip.
The timing is very interesting that Abel was names COO, then boom! the PR that the Puerto Rico contact is finalized.
What's going on behind the scenes....
Re Mark: I haven't seen people 'bailing' from his PU, or any lack of growth there.
What were the numbers on the Patent Valuation? 16 months (at the least) since that was completed.
Shareholders have a right to know that as well as have many other questions answered.
Where IS the beef?
$IGEN:
IGEN Networks Corp.
@IGENngc
10m
More good news coming your way straight from IGEN Headquarters:
https://nimbotracking.com/pressrelease/association-of-credit-union-executives-of-puerto-rico-asec-announces-exclusive-marketing-agreement-with-igen-networks-corp
Moving in the right direction... :)
Thank you! Link is critical for others' verification, thanks...It was not reported in September CSE Form 7 which is where I would have expected as it was the last month of 3Q...
and instead Neil reported: "Discussions for CU Trak endorsement across Credit Union Leagues across Latin American Credit Unions are in process – expect distribution agreements to be ratified in early Q4."
Where?! Link please.
Because here is September F7:
"Discussions for CU Trak endorsement across Credit Union Leagues across Latin
American Credit Unions are in process – expect distribution agreements to be ratified in early Q4"
You make a statement, better be prepared to back it up.
Reported in August (form7) for July 2022:
"CU Trak agent agreement expected to be ratified with Latin America Association of Credit Union Executives this month"
https://webfiles.thecse.com/CSE_Monthly_Report_for_July_2022.pdf?enHg1QeUAoeyHny6TMmkQo7ZPTqdnsiM
Was it? (October 24, 2022)
Where's the beef?
February 1, 2022
"With both the CEA's exclusive endorsement along with the GSA Multiple Award Schedule Contracts, IGEN now has direct access to Counties, State, and Federal Government Fleet Management opportunities across the US," said Neil G Chan, CEO of IGEN Networks Corp. The diversity of these assets along with the self-insurance of County assets creates an excellent fit with our patented "Digital Telematics Signature", a powerful tool for assessing actuarial risk of County assets and their drivers."
An astounding announcement for this little company, but where are the follow-up contracts?
Regarding discussion of US economic health recently:
Posted October 22, 2022 Washington Post:
"U.S. economy likely grew a lot last quarter. Most people didn’t notice."
Upcoming GDP report is expected to show an economic rebound just before the midterms, though families and businesses continue to struggle with inflation."
https://www.washingtonpost.com/business/2022/10/22/gdp-growth-economy-inflation/
Yes, GMS, yesterday someone did. I have questions. The full transfer of ownership hasn't yet occurred, so there are different applications, I guess. I called yesterday after the post re: Schwab, so ??? The person I spoke with said the ruling is an SEC one so he was unsure how a person could place an order through Schwab, but I didn't get any confirmation of anything during the call... Thanks for your response.
If you hear TDA has removed its restriction pls post. Thank you!
Yea, k_w!!! I've been watching for you!
"In the meantime where the heck are the CEA sales! Seriously only NY? And they had that setup last year!"
Ahhhh....Chan! I don't know what to make of that character. ?
I need your wonderful evaluations...don't know how you do it, sure appreciate you! GLTEveryone!
Thank you getmoreshares, for holding the board together during this long period of indecision.
Totally agree. I believe it's a character trait I'll call 'selfish' and it's not a good one in a 'leader', especially a leader of a company.
The wedge has broken down and I'm watching the 10MA as it falls into the diagonal 'buy' zone...I have a number in mind which isn't too far from pxxpy7's estimate.
It's all very troubling, especially when it could have been avoided.
I believe Chan has blown some valuable opportunities to 'sell' IGEN at different venues he's captained.
Thank heaven we have GSA/VA and CEA; I wonder what the execs think of our CEO after his 'performance' in Colorado. Did they, too expect a better prepared and professional CEO to join them there?
Yes, they've hired many, in the home office as well as other districts,,,but, my sense is that Chan doesn't have a clue how important this step is and likely isn't giving sales the proper attention it deserves. Kudos to him for hiring PPT and DOWC, both of whom are bringing in sales by professional sales people now-thank goodness.
I suspect a lack of respect as well as lack of proper remuneration were responsible for losses of Gentry and Ferguson.
There should have been contracts out of the six or seven conferences he participated in over the last year and one half-lots of bravado about 'negotiations' but I don't see the results...Someone other than Chan, I suspect should be handling these precious opportunities....imo
2020 igen blamed Covid; 2021, igen blamed Covid/downturn/supply chain; 2022, igen blame inflation...
Meanwhile, PU has almost doubled the number of employees. Hmmm....? GEOTab, Samsara, Garmin....
A GOOD SALES PROGRAM WOULD FIX IT!!!!
"and Chan has clearly shown he’s no marketeer."
A good sales team is invaluable to any company! Most work on mainly commission-no sales, no income. Where's IGEN's sales department...Good salesmanship requires a 'talent' for it.
by Pikachi (tweet):
PikachOTC
@PikachOTC
2h
$MNGG Added 0006.
They should gain Pink current soon and then it'll leave trips for good.
"HUGE lithium merger".
And,
Chase??
@ChaseMacTrades
3h
Lol y’all gapping $MNGG to 10. I’ll wait till next week.
And,
Giangy
@7219Giangy
11h
$MNGG 0003 on watch today ??
tapioca, the economy is NOT igen's problem right now. And, consumers are spending like drunken sailors. Look at the big picture. Nothing wrong with IGEN product; it's the way it's been 'handled'. Look at sales for Samsara and GeoTab! with inferior technologies!!!