iGen Networks Corp (IGEN)

[Power of Emouna]

The additional 750M added to the AS in 20 days from now will suffice for the next 12 months following the 20 days counted from today. That is not a lot of dilution for the next 12 month period. Think about it!

So even let's say in worse case scenario if they max out the present AS of 750B in the next 20 days as your stating it's not a hell of a big deal.

As of today there were 584,495,634 shares for the O/S count. So do the math 750M minus 584.5M present OS equals 165.5M maximum amount of shares they can dilute further over next 20 days period which is not that many shares. That gives us a 20 day window of opportunity for a huge price appreciation especially if they release good NEWS.

The other huge window of opportunity for some real good stock price appreciation will be during the next 12 month period after the 20 days period. Think about it additional 750M shares to the AS over 12 months. That will cover the company's potential financing and/or acquisition for at least the next 12 month. $IGEN

Quote:
The increase in the Company’s authorized shares to 1,500,000,000 shares from 750,000,000 shares is intended to provide adequate authorized shares to cover the Company’s potential financing and/or acquisition needs for at least the next 12 months.

Yes! AT LEAST THE NEXT 12 MONTHS! THAT IS HUGE MAN!!!!