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Agreed. The manipulation here is unreal but I’ll take +15% all day everyday.
Everyone have a solid and safe weekend
$IGEN
The 20ma crossed the 200ma yesterday which is a Very bullish sign. We should have the Golden Cross in the next 5-10 sessions.
$IGEN
The Bulls coming out the gates strong today! Today could get really fun!
Good Morning IGEN investors!
MMs have beat us down enough this week. Can we have our typical green friday?
$IGEN
What 8k news? $IGEN
The following are brief backgrounds on the Directors and Officers of the Company. This is by far one of the most impressive Management teams in the OTC.
Robert Nealon, Chairman of the Board & Director
Mr. Nealon is the Principal Attorney in Nealon & Associates, P.C., and a Washington, D.C. based law and government relations firm. He has been practicing law for twenty-seven years and has achieved an AV rating from Martindale-Hubbell, the leading rating bureau for the legal profession. Mr. Nealon has a B.A. from University of Rochester (1977) and M.B.A. from Rochester Institute of Technology (1978). He received his Juris Doctorate, magna cum laude, from the University of Bridgeport in 1982 and his Masters of Law in Taxation (L.L.M.) degree from Georgetown University in 1984. He is a member of the bar associations of New York State and Virginia, the American Bar Association and the Federal Bar Association. Mr. Nealon served as Adjunct Instructor of Corporate Law, George Washington University from 1985 until 2005. Mr. Nealon has been lead counsel on hundreds of commercial trials, including multi-million dollar derivative action lawsuits, security fraud and government contract fraud. He has been counsel to hundreds of corporations, including insurance affinity marketing, manufacturing and multiple financial institutions. Mr. Nealon has been active over the years in national politics and government relations.
Mr. Nealon was appointed to the Virginia Small Business Advisory Board by former Virginia Governor Warner and was reappointed to this state board by Governor Kaine through 2010 as its Chairman. Mr. Nealon is also a current appointee to the George Mason University Advisory Board for the Institute for Conflict Analysis and Resolution in Arlington. He is also a member of the National Press Club and the Democratic National Club.
Neil G. Chan, Chief Executive Officer & Director
Mr. Chan is a career technologist who has pioneered disruptive technologies in more than 45 countries over the last 30 years. From start-up to $400M in annual revenues, Mr. Chan has led and created the best-in-class sales, marketing, and service organizations during the development of wireless data infrastructure, mobile solutions, Software-as-a-Service for commercial fleets, and Hybrid-Fiber-Cable(HFC) broadband infrastructure and solutions. Mr. Chan led the first technology transfer initiative between Canada and Mainland China on behalf of Spar Aerospace and Gandalf Technologies Inc., along with training, product marketing and sales responsibilities for growing Gandalf’s export markets. During early development of mobile data solutions, Mr. Chan was recruited to Motorola Inc., to lead the product marketing and development of the industry’s first mobile data solutions for public safety, taxi, utility, and field service markets. As Motorola’s Managing Director, Mr Chan lead the expansion of HFC broadband voice and data networks throughout the Asia Pacific region growing to $400M in annual revenues during the first three years of business formation. Along with founding members of the cable modem industry, Mr. Chan joined Airvana Inc., to lead business development for the early adoption of broadband wireless networks, leading to the industry’s first deployment of CDMA-based wireless broadband networks in North America. Most recently, Mr. Chan led worldwide sales and marketing of fleet management services for WebTech Wireless Inc., contributing five years of record growth and industry leadership across government and transportation markets. Mr. Chan has served on the Executive Review Board of Royal Roads University and continues to mentor and support early stage technology companies.
Mark Wells, Director
Mr. Wells is presently the President and CEO of Positioning Universal. During his 25 years of experience in the wireless industry, he has pioneered the development and marketing of wireless products, semiconductor technology, and leading edge wireless services. Mr. Wells co-founded DriveOK, which merged with Procon and eventually became Spireon where he led the company during its growth period in becoming the industry leader of GPS vehicle tracking technologies. Prior to Procon, Mr. Wells was the co-founder and CEO of Zucotto Wireless, where he raised $60M in venture capital to develop wireless semiconductor technologies and secured customers that included Panasonic, Nokia, and Alcatel. Mr. Wells has also held marketing roles with Nokia Mobile Phones where he managed a $10B revenue value of mobile phone products, and later served as Vice President & General Manager at DSP Communications which was eventually sold to Intel for $1.6B. Most recently, Mr. Wells has co-founded and mentored several dozen early-stage technology companies and served as a consultant to Fortune 500 companies.
Robert Friedman, Director
Robert Friedman has been actively engaged in the real estate business since 1970. In 1996, he started York Resources, LLC., where he actively participates in the acquisition, financing and development of their real estate holdings, in addition to practicing transactional real estate law for private clients. At present, Robert and his brother Bernard own 34 properties, most of which are located in Manhattan and which consist of about 120,000 square feet of retail and office space, 300+ parking spaces, rental apartment units and luxury single-family homes. Recently, the Friedman's developed, built and presently own a 28-story Pod Hotel located at 42nd Street and Ninth Avenue consisting of 665 hotel rooms, 45 residential apartment and retail spaces. Robert Friedman and his brother are currently developing a national family amusement theme park anchored by the world's largest rollercoaster to be located in Orlando, Florida. Prior to joining the family business, Robert Friedman was a Senior Partner and transactional real estate attorney in New York City for over 20 years.
Abel Sierra, Company Officer VP & GM
Mr. Sierra has served as President of the Antelope Valley Hispanic Chamber of Commerce (AVHCC) - the first President elected to a second term in the organization’s 20 year history. AVHCC’s mission is to provide Hispanic entrepreneurship, community growth, and development, by supporting economic programs designed to strengthen and expand the potential of all business. Prior and concurrent to Mr. Sierra’s role with AVHCC was his position as Agency Vice President of HBW Insurance and Financial Services. Mr. Sierra served as an Independent Associate with Legal Shield, Regional Vice President for Primerica Financial Services, marketing Representative for 21 st Century/AIG direct, community Representative for Palmdale School District and Palmdale Head Start. Mr. Sierra also served 14 years as a Counter Intelligence Specialist with the United States Marine Corps.
Jackie Kimzey, Independent Director
Jackie Kimzey is a successful CEO, board advisor, strategist and academic. An experienced leader with knowledge and experience in a variety of markets, Kimzey believes the foundation of any company’s success is grounded in market and customer facing activities. He acts entrepreneurially in most situations and values execution skills and a culture of trust and accountability in companies he has been a part of.
Kimzey’s career began at Mostek, a Dallas based semiconductor manufacturer, where he served in planning and marketing roles. He left Mostek in 1982 to start ProNet with the financial backing of L.J. Sevin. ProNet, a wireless and systems company, grew rapidly in the 80’s, completing an IPO in 1987 and the eventual sale of the company in 1997. After the sale in 1997, Kimzey worked on several start-up projects of interest and then joined the venture firm of Sevin Rosen Funds as a General Partner in 1999. There he focused on wireless and software investments, especially software ideas focused on software as a service. His most successful projects, Neoworld, Wayport, Tangoe, Invodo and LIveVault, have all had a common thread; good management and quality advisors and investors.
I checked a ton of other tickers too and its definitely only happening here. It makes me nauseous trying to watch it and that could be part of their plan. This is pure manipulation.
$IGEN
What do you call an exclusive and multi-year NATIONWIDE partnership with a company that has over 450,000 commercial assets? I call that a big contract!
When, and I say when because the deal is exclusive, County Execs places our Medallion GPS on all of their assets, lets just assume they get a discounted price from the 1 time $47 hardware cost and a discount on the $12.99 monthly subscription fee. Lets say each asset is a 1 time $30 hardware cost and we charge $8 per asset on a monthly basis.
450,000 x $30 = $13.5 million in one time revs for hardware costs
450,000 x $8 = $3.6 mil in monthly subscription fees
$3.6 mil x 12 = $43.2 mil in annual revs just from that one contract with County Executives
Notable highlights of the six-month period ended June 30, 2020 include the following Company achievements:
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.
The Company launched Medallion GPS PRO for Light-Commercial Fleets with its Patent-Pending Digital Telematics Signature used for normalizing and scoring of driver behavior based on actuarial insurance metrics.
The Company signed a Sales & Marketing Agreement with Michigan Credit Union League Service Corporation (“MCULSC”) for the distribution of CU TRAK product line enabling Credit Unions to finance more members, improve loan performance, and to provide peace-of-mind for members and their families.
The Company launched the Next-Generation (NextGen) Platform for the Consumer Automotive Markets that included IGEN’s Patented “Digital Telematics Signature” for Universal Scoring of Driving Behavior. The NextGen Platform establishes a framework for the Company to expand its online presence along with expanding its customer base across the consumer automotive markets.
Thank you. The manipulation on this ticker is crazy. CEO must have some pretty stellar news coming if they are so desperately trying to hold the price down to load shares. This is the same trading we endured from .004-.008 for a while. They are going to be forced to move this ticker back over .02 very soon.
What stock has a chart like the one i provided below and falls back to essentially test the 50ma? A stock that is being HEAVILY manipulated is the answer.
That’s nonsense. The company puts out an update at the end of every month. We have plenty of recent news and catalyst to look forward too
Retail has short term memory but lets remind everyone of upcoming catalysts.
- S-1 filing for potential uplifting coming soon
- Ecommerce platform to be developed with Shopify
- Updating all three IGEN brands for T-Mobile Ecommerce initiative
- Ecommerce brand being developed for independent sales along with T-Mobile Ecommerce initiative for re-launch of IoT Factory
- Augmenting T-Mobile sales channels with newly appointed distributors
- Next-Generation Platform launch scheduled for August with final cut-offer within 30 days from Commercial Ready Status
- Medallion GPS Pro trials expected to commence in August <-- As we speak
- Preparing for trial deployments of Medallion GPS PRO targeting New Castle County, Albany County, New York, and Leehigh County
- 10Q filing
Sales should be back to normal per the recent Form 7 as well
Corona virus has had material impact on immediate sales through automotive dealerships across the US. Conversely with the build-up of whole-sale inventory of pre-owned vehicles and the government subsidies available to credit unions, Company expects new sales to normalize during second-half of 2020
We should be getting the Final Cut of the Next Generation Platform fairly soon. Once that is established, I believe IGEN will have true potential to start announcing major deals with Insurance companies, Auto makers, other Wireless Carriers, and directly to the consumer via Shopify. Major things in the works here and it just takes a little vision to see the potential of our Patented Telematics algorithms. Data is the future. Therefore, if you have a very accurate way to score driver behavior, that is superior to what is currently on the market, and it is patented, then that company is in the right sector at the right time. IGEN has that tech and that is why our CEO said;
"Representing a culmination of several years of development, IGEN's "DTC" is incorporated in its latest mobile app along with real-time alerts for both the consumer and their family," said Neil G. Chan , CEO. "In providing Peace-of-Mind for parents, the "DTC" score becomes a valuable tool for managing teenage driving habits…eventually we believe consumers and their families will opt to provide access of this information to insurers and underwriters for reduction in premiums. Presently there are several major insurers who offer as much as 30% discount on insurance premiums if the consumer agrees to be tracked from their phone or through a GPS device. IGEN is taking the data analytics to the next level."
No THEY don’t own the max number of shares because insiders can own as many shares as they want to. It’s easy to PROVE I’m right in many different ways but here is an indisputable fact. You said you spoke with him a month ago, but yet he just purchased more shares on 7/31. Case closed and I still stick by I don’t think you spoke with him.
https://www.otcmarkets.com/filing/html?id=14303017&guid=kr26UHIUeRBB7th
$IGEN
All it takes is one announcement and this the top comes off this. IGEN has been top ten most read on this website for over 2 months now. So many investor eyes on this just waiting to pounce. You could see it EOD when there was over 150k in bids all over L2. Somebody is buying the hell out of this stock and they could move it without a contract announcement at all. I’ve seen it a million times in OTC land. We already have enough contracts/deals to justify a pps of .1+. The county execs contract alone justifies that.
$IGEN
That’s false bud. We have HUGE contracts with County Executives & MCULSC that are going to reflect in this second half of 2020. New contracts, that’s another story, but I’d imagine with IGEN finally launching V2, that Neil has been marketing it to potential clients.
The buyout angle of USAA makes 100% sense. USAA is the company that challenged our CEO to develop this concept back in 2007. After a culmination of years, I believe Neil has finally developed a completely commercial ready Telematics device. That is why recent press says “Next-Generation Platform built on the Amazon's Web Service (AWS) infrastructure and based on state-of-the-art coding methodology that leverages Facebook and Google design techniques to present a seamless user interface regardless of access methods including smartphones, tablets, desktops, and third party application environments”. This means it’s finally ready to launch on a full scale but I bet most penny investors did not really understand that.
There was no reason it should have touched the 200ma so why should it touch the 50ma with a golden cross and other big catalyst right around the corner? If it dips below the 200ma, it will then become a level of resistance. The 50ma will more than likely stop turning up as well and the golden cross would be delayed. I’m not saying it can’t happen but I’m asking why other than you want shares in the .009-.01 range as you stated.
$IGEN
We were just trading at .02 a few days ago. If you want a good zone to “reload”, the 200ma on the daily chart is the perfect spot. Waiting for any lower could certainly make for a great op missed.
I’m betting the company puts out news soon. Sky is the limit on a positive PR.
$IGEN
Huge bids EoD. They pulled it down to the 200ma on a solid Q. I believe we head back up tomorrow and Friday.
All the BS subliminal messages are Hilarious. “I’m waiting for such and such range” because i flipped and want to reload. Same ole childish nonsense but it does provide comic relief.
$IGEN
It was only 1.6 mil in net losses and 1.1. mil was for a change in fair value of the derivative liabilities. Not as if the company actually lost that money with business ops. Retail Investors have no clue how to actually digest filings and its hilarious. Furthermore, notice how our Gross profit is only $5k lower even though revs were down $100k+ compared to the same time last year? Cost of Goods sold went way down and I expect that to be a continuing trend going forward here. The Q is solid.
$IGEN
I cannot find anything bad in the Q. Idk what the selloff was for tbh other than MMs getting it to touch the 200ma on the daily. They've been trying to do that for days now and I guess the Q coming out was their excuse? Weird world we live in but I would not be shocked at all if we close the day green. The Q shows No new notes and clearly the company has additional revenue contribution from its new partnerships with County Executives and MCULSC in second half of 2020. Big updates coming soon imo.
$IGEN
Same thing I just said to a few friends on Twitter. You sure you not hacking me? hahah jk jk
How beautiful is this part from the Q?
with additional revenue contribution from its new partnerships with County Executives and MCULSC in second half of 2020
No new notes as we already knew? I Added 2 mil more. Lets go!!
If the sell off was because revs were low then retail investors are idiots LOL. They never read the fine print
The Company had revenues of $103,820 for the three months ended June 30, 2020, a 48% decrease over the similar period in 2019. Sales decrease was attributed to COVID-19 and its impact on Franchise and Pre-owned automotive dealerships along with the breach of terms of a distributor responsible for one of the Company’s house accounts. As stated in the CEO Outlook for 2020, the Company expects resolution on breach of terms with its house account along with additional revenue contribution from its new partnerships with County Executives and MCULSC in second half of 2020.
Didnt expect it but I agree. Grabbed me 8 mil more at 11. Why the hell not
Same, but the daily chart is still very much bullish. The 50ma (.0091) is going to cross the 200ma (.0118) very soon. If the history of charting means anything (LOL), that should move us north. Technical traders are drooling over this Golden Cross setup.
Tick Tock
Good Morning IGEN. MMs tried to pull the rug out on less than a mil shares traded LOL! DIrty MM games. The Q must be close!
Golden cross, ALONG WITH all of our upcoming catalyst? Sign me up captain! This ships headed to the North Pole
$IGEN
100% Mms naked short selling along with the blatant manipulation to help their buddies load more shares. The positive in that scenario is they do not load up for chump change. Next big push we see .04-.05. On the RIGHT news, its .1+.
$IGEN
How is the company silent? VRUS just put out 2 outstanding PRs. The CBD acquisition is huge but all shareholders want to talk about is dilution bc of WHAT GARNOCK STARTED.
IR still responds to shareholders. So where is this silence? If it’s only about the dilution, then cool, but don’t say the company is silent when they aren’t. VRUS puts out more LEGIT press than most OtC tickers.
Funny how the stock sees a small amount of red and then the FUD crew comes out strong. Big Green Day’s ahead.
$IGEN
So you make money and then talk bad about the company that helped you profit? What type of shit is that? A joke
Darn, could have got at least 100% more with a little vision. The IGEN fun is just starting.
Our 10Q will be just fine and it will help propel us back over .02.
$IGEN
I think VRUS investors know how solid of a company it is fundamentally so I don’t need to get into that at all.
What has me back are two things.
1.) Revs
2.) Main reason is the New investor who is on VRUS, INQD, and GAXY. The guy comes on board all 3 tickers and all 3 tickers immediately have S-1. The other two stocks took “effect” before VRUS, and they are already moving nicely. I believe this investor is going to get VRUS back to levels it deserves to be trading. All the hard work and contracts management has landed here cannot be for nothing. Every OtC dog has their day and VRUS time is again upon us.
Good Morning IGEN!
Happy to be back! New S-1 is a million times better than the Garnock deal. I never liked the Garnock deal, because if he decided to be a dick, the pps would collapse as it did. Things should be solid here again, just have to deal with a higher SS.
$VRUS
IGEN upcoming catalysts from the form 7
- S-1 filing for potential uplifting coming soon
- Ecommerce platform to be developed with Shopify
- Updating all three IGEN brands for T-Mobile Ecommerce initiative
- Ecommerce brand being developed for independent sales along with T-Mobile Ecommerce initiative for re-launch of IoT Factory
- Augmenting T-Mobile sales channels with newly appointed distributors
- Next-Generation Platform launch scheduled for August with final cut-offer within 30 days from Commercial Ready Status
- Medallion GPS Pro trials expected to commence in August <-- As we speak
- Preparing for trial deployments of Medallion GPS PRO targeting New Castle County, Albany County, New York, and Leehigh County
- 10Q filing
We should be getting the Final Cut of the Next Generation Platform fairly soon. Once that is established, I believe IGEN will have true potential to start announcing major deals with Insurance companies, Auto makers, other Wireless Carriers, and directly to the consumer via Shopify. Major things in the works here and it just takes a little vision to see the potential of our Patented Telematics algorithms. Data is the future. Therefore, if you have a very accurate way to score driver behavior, that is superior to what is currently on the market, and it is patented, then that company is in the right sector at the right time. IGEN has that tech and that is why our CEO said;
"Representing a culmination of several years of development, IGEN's "DTC" is incorporated in its latest mobile app along with real-time alerts for both the consumer and their family," said Neil G. Chan , CEO. "In providing Peace-of-Mind for parents, the "DTC" score becomes a valuable tool for managing teenage driving habits…eventually we believe consumers and their families will opt to provide access of this information to insurers and underwriters for reduction in premiums. Presently there are several major insurers who offer as much as 30% discount on insurance premiums if the consumer agrees to be tracked from their phone or through a GPS device. IGEN is taking the data analytics to the next level."
Sales should be back to normal per the recent Form 7 as well
Corona virus has had material impact on immediate sales through automotive dealerships across the US. Conversely with the build-up of whole-sale inventory of pre-owned vehicles and the government subsidies available to credit unions, Company expects new sales to normalize during second-half of 2020
Always nice to see new faces! Welcome aboard.
$IGEN
Good Morning IGEN. Looking forward to a strong week here!
All profit takers who are looking to reload should slap the ask instead of bid sitting. Sitting on the bid actually helps the MMs manipulate the price even more. Food for thought
Everyone enjoy your weekend
$IGEN
P.S. I have nothing against profit takers, how else would you survive the OTCs?
Oo yea. Market Makers fleecing the dumb retail out of their shares so they can "make the market" by naked shorting. Lets see if they cover hard to close the week. Matter of time before this explodes past .05++
INTL is loading up for the next leg. Learn how to read L2 and notice how the action changed considerably once their reload threshold was hit. Could be a international trader shorting too but I think its a bull behind that INTL bid.
$IGEN