iGen Networks Corp (IGEN)

[kayak_wench]

Form 7 shows hints of improved revenue.

Dilution has slowed dramatically month to month. Below is month, outstanding shares in millions, and change from previous month. Despite continuing to hire their need for shares decreased dramatically. Could be an anomaly based on end of year but if Feb continues to show decrease burn than we can have reasonable hope for improved revenue. Perhaps by around $100k (based on 20M shares x 0.005).

Jun 1,280 28
Jul 1,290 10
Aug 1,347 57
Sep 1,399 52
Oct 1,437 38
Nov 1,456 19
Dec 1,476 20
Jan 1,479 3