InvestorsHub Logo
Followers 27
Posts 1780
Boards Moderated 0
Alias Born 06/15/2018

Re: Meny thoughts post# 46833

Sunday, 11/08/2020 2:26:02 PM

Sunday, November 08, 2020 2:26:02 PM

Post# of 78912
If you are comparing IGEN to Procon and Spireon, interesting to note that Mark Wells was the co-founder of DriveOK which merged with Procon and then became Spireon.

Wells was a founder of Drive OK, one of the leading companies in the Vehicle Finance IoT business before being acquired by Procon GPS which was later renamed to Spireon, Inc.

This from the PR at the time.

PROCON Inc. (PROCON) and DriveOK Inc. (SysLocate) today announced that the companies will merge. The merger will enable PROCON, the leader in mobile resource management solutions for the automotive finance industry, to acquire one hundred percent of DriveOK and its affiliates. With their sights now set on passing an annual revenue target of 100 million dollars in the near future, Brian Boling and Mark Wells have the world class team, resources, and track record that suggests there may be no limits in sight for PROCON.

Mark Wells became a director for IGEN in 2018. His company Positioning Universal is the hardware supplier for IGEN.