Monday, August 29, 2022 11:13:04 AM
Last year the company announced it contracted with Peak Performance Team and DOWC, national distributors of auto-related devices; and, we see in 2022 a significant increase in contracts with US dealerships.
If you look at the # of employees IGEN has on staff it is about 10/11, most not in sales.
However, even after multiple reports of new in-house sales personnel over the last three years, I'm unable to identify any appreciable sales coming from this source.
Since the 'distributors' would be limited to the continental US, I imagine-PR, Mexico and others would not be a part of their sales areas.
Neil and Abel are left to be tasked with those opportunities...have they the time to take on such big tasks while the growth in the US likely takes all their time?
The question, it seems is: Who and When will Neil appoint to make the out of country business trips required to advance the sales of these foreign entities? (But, then we are left back at Square #1: Why announce without the manpower in place to accomplish these ends?)
Recent IGEN News
- Form 8-K - Current report • Edgar (US Regulatory) • 05/08/2024 05:30:35 PM
- IGEN Achieves Milestones and provides updates on Key Initiatives • InvestorsHub NewsWire • 02/05/2024 11:00:00 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:07:43 PM
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