iGen Networks Corp (IGEN)

[StocksGoneWild]

All conversions have been completed. The only note on IGEN's books was for $44,000 back in October of 2019...check the last 10Q:

https://www.otcmarkets.com/filing/html?id=13743981&guid=LSMHUWUojSPxd3h


Also, 2 weeks ago on April 30th, CEO Neil Chan stated in an email that the conversions were almost completed:



Notice the part "based on our present volume"? That was 2 weeks ago. IGEN has traded 378,220,279 million shares since that April 30th email from the CEO. 378,220,279 million shares traded at an average @ .0012 = $453,000. That was plenty of volume to clear that one and only little baby note on the books.



Also, with guys like Bob Friedman joining the board of directors for IGEN recently, and willing to do private placements like the one for $125,000 2 months ago, and the company just securing SBA loans, those toxic convertible notes are no longer needed. They have a Shark on their team now(Bob Friedman)

https://webfiles.thecse.com/CSE_Form_9_-_Notice_of_Issuance_of_Securities_3.30.2020NGC.pdf?RtkfWNWF35r7YYqCn8uV7A4UshVcH.EK


https://webfiles.thecse.com/CSE_Montly_Report_for_April_2020.pdf?1riQ_zna44LKRhvnJWlPTmA7qR453TjQ


That little baby note has cleared, and IGEN has obviously secured enough financing with their very recent $125,000 private placement from Bob Friedman(restricted), and the cash from whatever the amount was for their soon to be announced SBA loans that they just secured(easy terms, non dilutive).