iGen Networks Corp (IGEN)

[Power of Emouna]

They already expressed in a previous press release that they will reduce both issued shares & outstanding shares.

Quote:
Neil G. Chan, CEO of IGEN as previously stated, “The re-structuring of debt and capital will enable us to re-finance in a meaningful way on a non-dilutive basis. The recent announcement for the 10:1 reverse split of issued and outstanding shares will be an important part of our ability to execute our previously announced strategic initiatives, namely the development of AI technologies and acquisition of shares of our technology partner Prolog.”

https://www.otcmarkets.com/filing/html?id=16911012&guid=U4g-keeht3MKJth

$$IGEN$$