MOMO'S BREAKOUT BOARD

[LeoCo]

IGEN$$ LET'S NOT FORGET ABOUT THIS GREAT POST:

With this IGEN & Sprint Contractual Agreement…

I can’t say it enough. Sprint is a $33.6 Billion company that absolutely would not be here unless they saw value enough in IGEN to generate significant revenues to want to receive 10% of their hardware revenue and 40% of their service revenue. This should not be ignored in my opinion:

Quote:
Sprint is a $33.6 Billion company:
https://www.statista.com/statistics/217848/revenue-of-sprint-nextel-worldwide/

https://www.sprint.com/

https://finance.yahoo.com/news/igen-signs-wireless-business-consultants-170000530.html

Under the terms of Sprint IoT Factory, for each activation of IGEN branded product, Sprint receives 10% of hardware revenue and 40% of service revenue. IGEN receives the remaining 90% of hardware revenue and remaining 60% of service revenue per IGEN branded product activation. Under Sprint's Business Partner terms, WBC receives an activation fee from the revenue collected by Sprint from the sale of IGEN branded products.

IGEN IS FOR REAL A BEAST IMHO...