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reindlll

07/08/21 6:47 AM

#60874 RE: reindlll #60873

I think it´s theire intention to justify the decline in share price. Makes pretty much sense that this is the reason.

Double-K

07/08/21 8:14 AM

#60886 RE: reindlll #60873

This is just part of our long term equity financing disclosed/released 9/25/20. This isn’t new and is being used to finance IGEN operations. It functions as the least dilutive and most flexible mechanism for raising capital over the long term. https://www.otcmarkets.com/stock/IGEN/news/IGEN-Secures-Long-term-Equity-Financing-along-with-CEO-Update-on-Key-Initiatives?id=275144