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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."
Easily headed to .05++. This shakeout on news of late filing is hilarious. It's allowed many longs to reload/add to their piles.
Well said BB. Good thing is it was a perfect pullback on the chart and everything is now cooled and ready again. Big thing is the AccDist is still way up so we know it wasn't a "dump" just a few weak minded retail who owned too many shares. I'm guessing it was that newfound OTC money from OPT*, TPT*, etc etc that sold. Expect them to chase it right back up.
The chart has cooled and next leg is ready when MMs want to move it. Some should feel fortunate to be able to reload these levels because the chart did not point to a pullback to the 100ma yesterday but it is exactly what happened on the the delayed Q news. I think many who sold will be reloading today.
Golden Cross is imminent on the chart and we have many catalyst coming. It’s a perfect recipe for success.
$IGEN .05+ soon
Good morning $IGEN.
I’ll answer that for you. It’s called flipping. Sold their position and want to cause fear so they can reload as many shares as possible. It’s the game always being played on this forum.
One must know what they own. $IGEN has so many catalyst coming now that our V2 Next Gen Platform is launching.
$IGEN
Looks like it. I added 1.8 mil today. Had stunk bids in and dummy retail actually filled them bc of a simple delay. Higher highs are coming very soon
I've grabbed another 800k today. She is about ready for the next leg imo
$IGEN
We are right at the 50ma on the 30 min and the BBs are starting to pinch hard in that same time frame. We will set new highs today or tomorrow, if I am reading the chart correctly.
$IGEN
Next leg starting today after two beautiful days of consolation.
$IGEN
I very much agree. I think we can do .03+ today.
$IGEN
Bingo. It’s all about the data as far as a buyout is concerned. We will get gobbled up by a Fortune 500 unless Neil decides he wants to uplist and stay CEO for a while. Even then, at some point a Fortune 500 will want the data we’ve collected.
Data is the most important thing as far as future is concerned. You are right Steely, The best thing about our Digital Telematics Signature (DTC) is that it is PATENTED. No insurance company can utilize anything like our algorithms or they could be liable.
$IGEN
Good Morning IGEN. After two solid consolidation days, time to move north again.
Well Garnock wasn’t here when I first invested in RBIZ, now VRUS, so idk what you’re referring to tbh. Garnock got involved here in the last year or two as far as I know
I know I did the DD and posted the original ‘DD Packet’ here and I didn’t mention Garnock one time. Why is that? I know when he first showed up it was a “bullish” sign and it was one of the catalyst that pushed VRUS to .03. Pretty damn sure I would have included him in my DD but I’d love to be proven wrong. Show me a filing that has Garnock here before Anshu.
$VRUS
Garnock came to VRUS last year. Anshu has been here since RBIZ. Not sure what you’re referring to. Can you elaborate?
$VRUS
Ooooooweeeeee!
Love a golden cross
$IGEN
Could not agree more. Two perfect days of much needed consolidation and we are blasting off again tomorrow!
$IGEN
Hope all is well bud. Well I grabbed some more, round 2. Garnock was the worst decision Anshu has made here. VRUS is definitely NOT a scam and all will be good in short order. This new investor doing the S-1’s will have this trading north very soon imo
$VRUS
MMs sure will. They’ve done it at every level we’ve churned.
Churn and Burn em!
$IGEN
Shaking rattling and rolling baby. Love this action. MM fuggery only means big gains are soon to come.
.05+ in the next week, book it!
Price in OTC is very forward looking, just like the PRs. I’m anticipating IGEN to land another major client with our Next Generation Platform finally being ready for launch. Not sure investors are REALLY understanding the importance of our telematics being patented. This will attract the USAA, State Farm, All State, TESLA, etc etc.
We provide solutions that those companies have yet to fully develop.
With all that said, our potential here is massive. .10+ is not out of the question with the fundamentals we know about. Just imagine what happens when the next big catalyst drops
We are still undervalued, why would we “go down”? Our market cap is a measly 20 mil. We have contracts with Fortune 500s, credit unions, County Executives, and we just launched our V2 next generation platform.
We should also get the Q this week or no later than next. Ooo and don’t forget the company is in the process of filing a S-1 which is typically used for companies to uplist or IPO.
$IGEN should hit .03-.05 this week if buying pressure continues. We have more than enough news to support those levels. It’s all up to the Market Makers and where they want us trading
Good Morning $IGEN
Next gap to fill is .0284 to .0295 from 12/6 - 12/9 of last year. If PH is as crazy as ive seen lately, we could do that today.
$IGEN
I agree with your sentiments but I will say The momo on all the recent runners could help push us toward .05+ faster than we anticipated. We have the DD to support .05+ easy. Not many OtC companies have products that Fortune 500's like but we certainly do.
Fun time ahead this year now that V2 Next Gen Platform is about ready to be fully launched.
$IGEN
Next stop is .05+
$IGEN
Here comes the .02 break.
$IGEN
You my boy blue! Nice to see you man. Been a while!
$IGEN
I believe the CEO could be preparing IGEN to be listed on a National Exchange. Our recent Form 7 states that the company is "Preparing for equity-line which will serve as a long-term financing option for the Company. Company will have sole decision on timing for sale of shares – S1 registration in process."
We know we at least have decent connections to potential underwriters because of our connection to Michigan Credit Union League Service Corporation (MCULSC).
What is a S-1 and why is it so important?
- SEC Form S-1 is an SEC registration required for U.S. companies that want to be listed on a national exchange.
- It is basically a registration statement for a company that is usually filed in connection with an initial public offering.
- Any amendments or changes that have to be made by the issuer are filed under SEC Form S-1/A.
- The issuer is responsible for any material misrepresentations or omissions.
Morning all! Looking forward to this week!
$IGEN
Massive opportunity here Timez. .10+ coming here.
$IGEN
Bulls are here PoE! Excellent monthly report to help add more fuel the fires to begin our week. Monday will be fun!
$IGEN
Did you mean .014? Lol
$IGEN For the Win!
$IGEN A for sure winner. Matter of time before we are .05-.10+
No prob. Plenty more to come. $IGEN
In another big runner together JackPot! You're like my lucky pot of gold
$IGEN
Beautiful day longs. Just getting our run started here!
$IGEN
Very nice! That should be awesome for next week. Easy .02+ next week and maybe even today if this volume keeps pouring in.
Hey has anyone seen lil' D from this morning ?
$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.