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Well, we are down about 75% since they announced the RS.
Anyone who can still not see this ticker is a Tax Write-off is delusional.
My luck as well....How about buying right up to the day they announce a RS? Haha
Oh well see what happens.
$IGEN
Well, no dilution today.
$IGEN
With Huggy Bear and IG on his other ticker he better spend more time over there.
$IGEN
IGEN Has changed their accounting firm
They do a reverse split and then just start dumping shares again
I would have rather seen this news after the RS. Question is where is the pps going after the RS?
Nasdaq stock
That's the two sides. It's for uplisting or diluting for more profit
If such good news is coming, why do the r/s? Why not just
let it run on it's own merit, it's done it before going well over a penny several times
Once the transaction settles, look out below
so it will be interesting to see if the price is driven down at all. These guys were trying to get the diluted shares at .0007 so we will see what they do.
You never know the true intentions of any CEO but I believe Chan isn't in this to scam anyone....that narrative just doesn't make any sense. Guy helps build 1/2 billion dollar company and now he's screwing people in the OTC??? I don't think so. Did we get screwed by the RS for now? YES! But just what if there is something? I mean why did he get shares or buy those shares? Trying for one last pump? Hasn't been his style. Manti already mentioned had to be done for the merger...So possible good news already on the horizon. Add in a big contract with some revenue and we might be that rare .1% RS that actually worked. Tomorrow won't be fun but hasn't been fun here in a long time. GLTA
That being said, I think there are some big things going on behind the scenes
Some have never see such dilution ever
That’s like saying DJT has a flexible relationship with the truth.
Job is done for now.....Sitting on the sidelines with millions of shares, waiting for the next pop is my guess.
$IGEN
Couldn't get anything under .0008 today. Didn't even fill all my 8's....Some more loading tomorrow then let it go!
$IGEN
Tough to buy shares under .0008 today. Had to move my bid up to get some.
$IGEN
I'm not sure about the 10q doing much for the pps but I feel something else is brewing. Will see soon enough.
$IGEN
Are any long longs scooping these up this cheap? Jeeze a penny is now 10x + these levels
I think you are also overestimating the actual impact of OS and market cap in OTC tickers. Overvaluation is the name of the game and speculation drives price more than fundamentals...
Yes dilution is annoying but if our market cap hits 1 million and we land a million dollar deal it's quite likely we see a 10 or 20x .
The doom and gloom is ridiculous were a tiny OS comparatively in the OTC.
If your risk tolerance is low dont invest in the OTC. It's a start up trying to enter a high barrier market and progressing after a pandemic that crushed small business followed by an recession that encouraged cutting all cost possible...
Were fine here.
That’s because Chan provided explicit instructions to his MMs to hold it at .0009.
Yep, another wasted week of posting and flipping.
$IGEN
You must be loading hard for the next run. GL
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Stair stepping up
Funny when we see new faces here talking about scams
Just looking back 2.5 years ago when I bought IGEN in the trips and we had that nice run over .02.
Feel like I'm experiencing deja vu. Except maybe higher this time.
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Thanks for the correction. I'll hold on to that last post.
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I think this is the first LOI I've ever seen completed in the OTC (haha). LOI's are a joke in the OTC but not for IGEN. Confidence is very high. Thanks for the post JM!
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PR announcing the merger with PROLOG or securing a 1.5M$ contract will get us over a penny and maybe run as high as .04 or .05. We get a 50-100M$ contract you will see 10x imo. Who knows in Pennyland could go 20x. The OTC is waiting for the next break out imo.
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Thanks KW. Good to see he's still here.
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Agree as well.
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#2 on the Breakout Boards. Hopefully we get some more eyes.
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Breakout Boards
Rank Board Rate* Posts Today News Quote** Last Change Chg% Volume
1 Amfil Technologies Inc (FUNN) 371% 63 FUNN 0.0078 0.00065 9.09% 131,552
2 iGen Networks Corp (IGEN) 306% 49 IGEN 0.0019 0.0007 58.33% 34,142,849
Check out the "Ticker Buzz Cloud". Seems like a lot of green for the OTC today?
Hmmmm...
You have been following this stock for a long time for it to be considered a scam...LOL
$IGEN
Nice call JG! LOL
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Feel like we've had some postive news but let's see contracts (CEA)/revenue...feel like it's coming.
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Who keeps dumping at bargain basement prices
I mean, not a single buy at .0014 today