WHY**** is the default profile silhouette some dude??
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The Patent is worth at least $100M (imho)
That puts the stock at $0.50 OTC modified IGEN rule of thumb: every penny of revenue, assets = half a penny)
with a market multiplier, it could be higher...
I saw Corning buy a glass coating patent for $2 Billion from a small shop in Natick Ma. (50 employees)
Mr. Chan: what is the value of the patent that you paid to evaluate?
I did my part -- 500K added
You see a completed wedge...
I see a perfect altitude rendering of the Downhill Course at Olympiabakken in Lillehammer.
Mr. Chan, the market, and MMs are true landscape artists!
Have a nice looooong weekend boys and girls
(and get outside!)
Go IGEN!!
As a long time looong with IGEN ...
With almost $50K and about 3 years of owning megashares in this stock -- I can reference or compare the lack of sales of the last several years and not have to worry about the prickly purists with no sense of humor -- flame throwers off please AC. We are all in the same boat.
Go IGEN!
Go Girl Scout Cookies ( thin mints! )
$IGEN is getting there!
In the last two years, my girls have sold more Girl Scout Cookies boxes than $IGEN has reported installs. When Chan finally passes their modest record and reports real income ... look out!
loooong....
#49 on the Breakout ...
NASA confirms: IGEN cannot go below zero
buckle up
light the candle
All the other stocks in my portfolio are laughing at my IGENs
Come on!!! But still long!
even buying on the down --I am still in the red
I need.0089 ti get back
the letter date was March 4
the board recommended the changes on Feb 15
I suspect most stockholders will get this information via your brokerage house, nominees, custodians, -etc at some point
I guess Neil likes me... :)
IGEN Board sent me a letter today...
Notice of Action Taken Without A Stockholder Meeting
Shares to 1.9 Billion
The increase in shares is intended to provide adequate shares to cover Company potential financing and or acquisition needs for the next 12 months.
Each Voting Preferred Share (10M) now are 500 times the common shares in votes The Board has 63% of the total voting power.
No proxy votes at this time.
Robert Friedman has 33.65M shares
Neil Chan has 35.12M shares
Abel Sierra has 15.41M shares
Robert Nealon has 6.59M shares
Mark Wells has 1.96M shares
I have 6.321M shares
Form 10Q is coming April 30
Someone call me when $igen posts revenue
or the stock goes on a zippy trip up
this is like watching grass grow
If the volume is zero, that's me
it seems dark but,
..it depends on the market now
The Big Q: -- is there a segment of the market that wants what Igen is selling?
The answer is yes. a big segment.
(see all the DD posted by all the evangelicals :) and longs)
Igen has the opportunity to take off.
I am holding for at least the rest of 2022 (if not longer)
There once was a man from Nantucket
who kept his $IGEN stock in a bucket
He had a daughter named Nan
who ran off with Mr. Chan
And as for the bucket, Nan-took-it
OTC says all IGEN shares are gone...
Some people on an adfn message board have bought up all the cheapies on all the dips since forever ago.
$IGEN sells at 100X earnings-per-share
(you do the math -- your mileage may vary slightly)
We are in the OTC's Devil's Cut -- No revenue -- Just Promises -- so the MMs yo-yo for their daily bread.
The SEC doesn't care, it's not like it's a real company yet. It sells for half a penny for Pete's sake! Buyer beware!
At this stage, it's more like a band practicing in a garage. But with a nice Patent!
When actual regular earnings do come flowing in, we'll be in Angel's Share
and I suspect the multiplier will start to approach 10X (OTC ave)
$IGEN -- Go Long ...
Gushing PRs are not Revenue numbers
This stock is only going North on Revenue Numbers
Good Newes from Elsinor without the dollars in the bank ... are adorable
And it gives you the adorable bounce and the eventual sink...
Don't get me wrong -- I am Long
So the MMs can and will do all they want without Revenue numbers.
SEC doesn't care -- you've seen it yourselves.
-- but after real revenue and then and beyond -- then it becomes actual manipulation -- this stuff is just making coin waiting on IGEN to report...
Cheeze and Crackers! I go away for a week and this is what happens!
Past my average cost of .0083
NASA confirms IGEN cannot go below Zero!
MMs need to put food on the table too ...
without earnings, they yo-yo the bid-ask as best they can -- trying to get traction.
...and I said BEST. They're making their daily bread.
The SEC knows what they are doing is the best they can for a stock instrument with no revenues --- a stock that is also bouncing along the bottom (for now) of a crowded, conservative, and competitive market space (insurance).
So, no earnings, no moving, no demand, no moving.
The good news (like lots of dealers and no report of dollars) is nice ... and a patent is always nice.
Only P/E, Revenue, and supply & demand will move this ticker (not mythical OTC magic mojo)
Long is sometimes really long (except for my SHIBU)
wish there weren't 1.3billion shares
shares to earnings are going to be tough
I should be on the Board with all my cheapies
Every day cheapies -- I don't have infinite money
STOP BUYING STOCK - START BUYING PRODUCT
each of you can be an IGEN advocate
buy their product -- use it -- tell people
get the revenues up
This company will live or die in the real marketplace
SLAP THAT 'BUY NOW" BUTTON
Y-Y Revenue-Jun-2021 $83K
I don't know anyone who makes less....
this is why the stock is stuck in sub-penny land
...This news may be great for $IGEN:
The Senate's $1.2 trillion bipartisan infrastructure bill proposes a national test program that would allow the government to collect drivers' data in order to charge them per-mile travel fees. Under the proposal, the government would collect information about the miles that drivers travel from smartphone apps, another on-board device, automakers, insurance companies, gas stations, or other means. For now, the initiative would only be a test effort -- the government would solicit volunteers who drive commercial and passenger vehicles -- but the idea still raises concerns about the government tracking people's private data.
From IGEN S-1 filimg on 7/8/2021
The Company has experienced recurring losses from operations and has negative operating cash flows since inception, has a working capital deficit of $1,071,809 and an accumulated deficit of $15,185,157 as of December 31, 2020, and is dependent on its ability to raise capital from stockholders or other sources to sustain operations. These factors raise substantial doubt about the Company’s ability to continue as a going concern. Ultimately, the Company plans to achieve profitable operations through the increase in revenue base and successfully growing its operations organically or through acquisitions
The Market wants to hear about today revenues
Newes = Moves (usually...)
No News -- No Moves
Anyone here bought Igen products?
Why not?
NASA: IGEN can not go below zero.
Q: how many people here have/use IGNE products? They are available you know...
volume is less than #shares I own
we need 100M volume days in a long stretch
revenue $368K/1Billion shares *22 = 0.0085
22 is not out of line with most stock
if(revenues > $$$) stock = up;
else not_so_much;
This PR is a nothing-burger, here's why:
We need revenues, revenues, revenues
Q: What is a spectacular company and product with no revenue?
A: One with its stock stuck at a penny
I'm long on IGEN but don't blame the bogey-men MMs for today
ARRGGG another sub-penny day we need:
Lawsuit done
Revenue reports
Buyout
Tesla sniffing about (just one Elon tweet!)
something!
Need Revenue Reports to slap that Kraken