iGen Networks Corp (IGEN)

[sharky]

IGEN Date: September 10, 2021
Report on Business
1. Provide a general overview and discussion of the development of the Issuer’s
business and operations over the previous month.
Penetration rate at Hyundai dealerships have reached 50% for the month of
August. Family Shield consumer product availability to purchase on Amazon US
website channels
Major sponsorship and participation at the annual Michigan Credit Union League
Service Corporation Convention and Exposition completed during the week of
August 22-25th
Major sponsorship and booth participation at the Annual Agent Summit held in Las
Vegas during the week of September 2nd
Secured new office space of 2800 sq ft in the area of Lake Elsinore, CA
2. General overview and discussion of the activities of management.
Streamlining processes with both KMJ and MGO for timely filing
Increasing inventory levels for all market contingencies during the next 6-9 months
3. Details of any new products or services offered.
• Family Shield social media initiatives have been launched will continue
throughout the balance of 2021
• Amazon registration process completed for distribution of Family Shield.
• Assessing Asset Tracking business opportunities in response to T-Mobile
Business Channels enquries
4. Products or services that were discontinued.
None this period
5. New business relationships.
Excellent response from Agent Summit with 5-6 qualified agents assessing
distribution opportunities for Nimbo Tracking
6. Expiry or termination of any contracts or agreements.
None to report
7. Acquisitions by the Issuer or dispositions of the Issuer’s assets
None to report
8. Acquisition of new customers or loss of customers.
Inventory levels to be increased by 1500 assets during the next 30-45 days in
anticipation of orders from dealerships, credit unions, and commercial fleets
through T-Mobile Business Channels.
9. New developments or effects on intangible products such as brand names,
circulation lists, copyrights, franchises, licenses, patents, software, subscription
lists and trade-marks
FamilyShield at www.familyshieldtracking.com and www.amazon.com
DTS patent: No. 16/387,858 accepted by United States Patent Office
10. Employee hires, terminations or lay-offs with details of anticipated length of lay-
offs - Hired additional staff for marketing, operations, and inside sales this month
11. Report on any labour disputes and resolutions of those disputes if applicable.
None
12. Legal proceedings to which the Issuer became a party, including the name of the
court or agency, the date instituted, the principal parties to the proceedings, the
nature of the claim, the amount claimed, if any, if the proceedings are being
contested, and the present status of the proceedings.
None to report
13. Indebtedness incurred or repaid by the Issuer together with the terms of such
indebtedness.
None
14. Details of any securities issued and options or warrants granted.
None
15. Loans to or by Related Persons.
None
16. Provide details of any changes in directors, officers or committee members.
No change this month
17. Discuss any trends which are likely to impact the Issuer including trends in the
Issuer’s market(s) or political/regulatory trends.


$IGEN