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FYI, that was a response to the childish two word messages, not to the original message.
Flatulent air
There’s sushi in outer space?
They should also look at the other side of the coin here and market it to older drivers as well. The two most at risk groups are drivers younger than 20 and older than 65.
Thanks, this makes a lot of sense. Hopefully, they do grasp this sooner rather than later.
Ok, then let's look at some math, shall we:
There are over 13 million drivers under the age of 20 in the United States. The installation cost of this product is $130. If purchased annually, the service fees are $100 per year. That means for every 1,000 customers, $230,000 in revenue would be generated annually. You're telling me you can't get 10,000 or 20,000 people to purchase this through social media marketing?
And by the way, most of us are not new here. My first purchase of this stock was in March 2020. Most of us just don't post that often.
The whole idea behind Family Shield is to get this out to the average consumer with teen drivers. And because the product can be used with cars as old as model year 1996, there should be a huge market for it. So, why not use free advertising? There are many people out there that don't even know these products exist. To me, it is an unforced error not to use social media.
Thanks for this. They haven’t posted anything on their Twitter account since 2013, when they were an internet provider. Can you ask her about their social media strategy? Active posting on Twitter, Facebook, and YouTube would help immensely with product sales and new stock investors.
Ok, I disagree with the premise of your argument. That’s like saying because Amazon exists, a small retailer can’t be successful and profitable. Or because a Geico exists, you can’t have a small profitable insurance company. The telematics industry is growing at a clip of $40 billion per year. I would take being a small company in a thriving industry any day over being a large company in a dying industry. Plenty of room for growth with Igen. Time will tell.
They also have $3.21 billion in debt.
If you are shorting, would be wise to get on the other side of this real soon.
So a lender lends Igen money to get shares in return anticipating that those shares are going to be worthless? Lol
The notes due are almost entirely convertible notes. Don’t have to pay them, they are being converted into shares.
For anyone coming on this board to bash this stock, I would like to see your estimates for the max annual revenue you anticipate will be generated from the County Executives of America contract. And the math behind those estimates.
I believe the mandatory settlement date is what the court establishes as the final place for the parties to work out a settlement agreement before a trial date is set. This settlement is small in value compared to what Igen has in the works, don't know why so much time is devoted to it.
The CAGR (compound annual growth rate) of automotive telematics is stunning. It was valued at $50b in 2018 and is expected to be valued at over $320b by 2026. IGEN is certainly at the right place at the right time.
It would be great if there were now routine updates on implementation of the County Executives of America contract, including if they can provide projected estimated quarterly/annual revenues.
I'll respectfully disagree with you on that point. There has been backtesting done on this, especially with gap ups, and they generally tend to be filled. But most are filled within days or weeks of the gap up, because after the initial catalyst (earnings, news, rumor) drives the price up rapidly, profit taking takes hold and the selling pressure builds to fill the gap. In any event, I own 7 million shares and have no intention of selling at anything less than silver. I'll just add at these levels.
That gap is from June, almost all gaps are filled within 3 months. If it is not filled within 3 months, it gets less likely to get filled as time progresses. We are now almost 6 months out.
So, supposedly you are buying this if it reaches .003, to sell where? Where it is now?
Your posts are silly nonsense.