iGen Networks Corp (IGEN)

[kayak_wench]

If the revenue is good I suspect they will announce it early in a PR like they did last quarter. They PR'd the net profit Aug 5 and the 10Q dropped Aug 9. The 10Q normally wouldn't of been published for another week.

Although given they dilute into ALL PRs as much as they can you don't need to hurry. Even if it is awesome they will water it down such that we stay around the same level.

I don't think we will see share increase until they bring enough revenue in to fund all their expenses. Not sure if they will ever happen because we aren't seeing the growth I expected. At one point they implied they would have 18,000 devices out in the first 6 months. Now we are looking at 4,000 for the year. I do not think the CEA deals are coming together as Chan claimed they would. No word at all about anything relating to counties in months.