iGen Networks Corp (IGEN)

[Vk22dj]

I caught this stock on the last run up. I wanted to sell and take some profits. But it crashed to quick. I was originally flipping stocks. Not big money. Just enough to pay bills. Then my dad talked sense into me and I started researching and only holding potential longs. Igen being one. After reading all the docs. It only makes sense to me that the will only dilute when needed. Probably at new 52 week highs. Only reason I think this is that they will get more value per share in the long run.

What I don't understand is the shares given at the .0156 price? If so why would they dilute below that and lose money. Wouldn't they want it to be at least .02-.03 to start diluting?

The more I read on this company and product. I think it can easily be a successful low cap stable company and the product is perfect for county cars that track where their employees are. Same as private companies fleets. New cars. And being married to a prosecutor. Hearing the petty crime and car thefts rising due to the unemployment and unrest. It seems like a no brainier to me. it's just the marketing of the product I think needs to be more direct to the consumer and not just through the service providers. Which is what it looked like they are planning to do in that pr. Anyone with more knowledge on the company can definitely comment and clear things up.