iGen Networks Corp (IGEN)

[kayak_wench]

The video was created for and placed on the Canadian Stock Exchange website. That is my definition of sharing information with shareholders. I didn't see anything in the video that described activities for which they should have already made a lot of money. What I heard was they are growing market share and expect to make more money in the future and they are placing a lot of value on their patent.

This is a pink sheet company. I believe and support them investing only in what will produce additional sales in product or profiting from the patent. Spending money to drive up investors to drive up share price is not a good idea until they have the sustained revenue to keep those investors. The recent 10K showing barely $300,000 in revenue for 2021 shows they do not have much revenue or sales happening.

In listening to the interview what struck me was that the company believes the patent is their biggest asset. I think that tells us they are not, and do not think they can, make the sales and generate the revenue needed to succeed without the patent. Meaning if they didn't have the patent, I think this company would be a bad investment. If you bought before they were awarded the patent that is something to consider as they haven't had the patent a year yet. If you have lost money in your investment in IGEN (I have) you may have to get less attached to near-term revenue from sales and wait for something to happen with patent...which could take another year.