iGen Networks Corp (IGEN)

[sharky]

IGEN The revenue growth opportunities for the Company will be heavily weighted towards Credit Unions and Counties, where significant financial support is being provided by the Federal Government. Growth plans for the Company include increasing the Credit Union customer base from 5 to 50 and identifying 3-5 Counties for initial trials of Medallion GPS PRO leading to rollouts by year-end.

Franchise or new car dealerships will be focusing on re-building consumer demand and improving their margins and thus will take a more conservative approach in marketing Company products, most likely starting with Company inventory management services and then offering Company products through their F&I channels rather than Pre-loading their entire inventory of new cars.

Pre-owned or used car dealerships which account for more than 60% of the total dealerships in the US will become a major source of product for Credit Unions and Financial Institutions as consumer credit ratings decline and Federal subsidies increase.

The Company's major sales channels with Sprint will benefit from the TMobile merger as there will be continued emphasis on enhancing IoT offerings through the upgrading and consolidation of IoT Factory.



$IGEN