Replies to post #37074 on iGen Networks Corp (IGEN)

[muneeflo]

To keep things in perspective, the dollar volume was $1 million today. That 32 million shares of dilution equals around $32,000 a day so it's a small fraction each day (.3%) of the total trading. The manipulation is on a much larger scale than any dilution going on is my point. Also, some price deterioration is just old-fashioned profit taking by investors/traders. Stocks go up and down. It's what gives us buying ops and profit taking ops, and also, unfortunately, sometimes losses.

[fahrenheitjules]

UPDATED SS (as of 09/01/20):

A/S - 1,490,000,000
O/S - 1,105,477,145

Float (as of 08/04/20) - 975,011,026


No change to the A/S.
O/S increase by 48,847,779


https://www.otcmarkets.com/stock/IGEN/security

[macdwatcher1]

Ok. Thanks for that info. I member marked you with #9. That is dilution for IGEN. So igen diluted approx 30 million shares at let’s say one cent each. 30 million times .01. Is 300 thousand dollars. And since u pointed out how many shares blocks go through for a dilution sale. I have a better understand and feel for the igen stock movement behavior is about. Thanks again