iGen Networks Corp (IGEN)

[Gitzstv]

HOW MUCH REVENUE WILL THERE BE OR SALES ?? OH THAT'S RIGHT.. NO SALES AND THE 2 SOURCES OF REVENUE ARE ISSUING COMMON SHARES AND PREFERRED SHARES.

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NICE SCAM PR WITH NOTHING TO OFFER

HERE'S THE REST NEWS

Going Concern

The accompanying condensed consolidated financial statements have been prepared assuming that the Company will continue as a going concern. The Company has experienced recurring losses from operations, has negative operating cash flows since inception, has a working capital deficit of $919,041 and an accumulated deficit of $16,497,964 as of September 30, 2021, and is dependent on its ability to raise capital from stockholders or other sources to sustain operations. These factors raise substantial doubt about the Company’s ability to continue as a going concern. Ultimately, the Company plans to achieve profitable operations through the increase in revenue base and successfully grow its operations organically or through acquisitions. The condensed consolidated financial statements do not include any adjustments that might result from the outcome of these uncertainties