Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I am glad they don't PR pre-loads. I think pre-loads deserve being noted but only as part of bigger news or in a tweet because they are not money made they are an opportunity for money to be made in the future. They have estimated that somewhere between 50 to 80% (the 50 is right, not sure about the upper number of 80 it could have been lower ....not going to look it up right now) of pre-loads turn into orders. To this 750 units means, about 375 to 600 units sold.
If the dealership group( 750 vehicles is a lot of vehicles for a single point store in the current market) has a 30 day turn of inventory and 50% penetration of Igen sales to the consumers, that would equal out at 375 units a month. 33% would get us 250 units and subscriptions per month. Anyone see this differently?
Preloaded at a dealership seems like the units are placed in the dealerships inventory and can be demonstrated to consumers for a package sale in the finance office. Some percentage of people will buy them , some won't. The unsold ones will be removed and placed on new inventory as it arrives. Not sure this is how it works but it seems likely.
lol. Every pr with never any guidance but at least it’s news for now. I still want to know how we make money exactly. I get the concept but have no idea of the breakdown. We’ll know more in the next Q. Hoping to see some more and better revs/profits.
Always hiding the details too... which NY dealership.. why can we not know which freaking dealership it is ...
This just in CEO of a company reports that things are moving in a direction. Much more to come!
What?
Agreed but still happy get some good news. Hopefully more to come. They seem to be gaining steam as a company. Hopefully pps will catch up soon.
Don´t get them why they are not PR´ing such things. I mean how many are reached by their tweets.
Not at all. Just feel better when the share price reacts accordingly.
Slowly but surely Team iGen is getting it done ??
My slow brain....Something I didn't catch til later: "its first NY dealership order for 750 pre-loaded vehicles..." At first I 'read' it as if it were a 'New York County' order-but, it's not-it's a dealership!!!! Perhaps Im the only one who read it wrong.
Very nice:
Congrats to IGEN’s Nimbo Tracking team for securing its first NY dealership order for 750 pre-loaded vehicles….looks like just the beginning of a great partnership
— IGEN Networks Corp. (@IGENngc) September 21, 2022
Just saw that and retweeted…Let’s gooooo! It’s time for news to start flowing!
Tweet out:
Congrats to IGEN’s Nimbo Tracking team for securing its first NY dealership order for 750 pre-loaded vehicles….looks like just the beginning of a great partnership
Congrats to IGEN’s Nimbo Tracking team for securing its first NY dealership order for 750 pre-loaded vehicles….looks like just the beginning of a great partnership
— IGEN Networks Corp. (@IGENngc) September 21, 2022
Someone sold at 350PM to knock the price back down…the shenanigans with this stock are absolutely ridiculous. Every day someone/thing paints it down… so we continue to wait lol smh
Company does have a lot going for it on paper but the more they dilute, the less this runs due to the laws of supply and demand imo. Need to get through this round of dilution and be self sustaining on our own SIGNIFICANT revenues and profit. There’s another AS raise on the horizon also and it needs to be capped there for a good while. I recognize the market in general is def snuffing out any run before it can happen and it’s not unique to Igen. There are a few that are popping here and there but better SS and buying pressure but most are hitting lows. Market needs to go bullish again sooner rather than later but good buying opportunities if one has cash to come off of. GLTY
Theres always a new wedge lol...
Sharp made an interesting point to me recently; this company has a lot going for it and doesn’t deserve its current mkt cap…therefore, the longer the shenanigans last, the more gonzo this thing goes when we actually get a solid PR…made me feel better lol
Man, Chan has gotta do something here to generate excitement into buying pressure. This stock is just a punching bag at this point. Tired of getting beat up every week.
Might be stop limit sell ..triggered imo
I'll buy right to the bottom, going down with the ship lol ...
The key here is to continue to buy until it hits zero. Once at zero it won’t drop anymore. So you are protected at zero. Therefore don’t stop buying until zero. Let us know how you come out?
When I buy its drops never fails me ....
Believe it or not I did today ...smh
Why are you not averaging down today?
I see. Let´s see if justified.
Ah! 'Eurphoric' would be a stretch, Rene.,,, more like a mini firefly 'light' perhaps.
About the tweets?
About what, Rene? :)
Perhaps this is 'practice patience'...and watch what happens. The post I RTd to you this am was remarks by two of the most adroit, capable traders in regard to $IGEN's current chart/activity. Maybe,,,,just maybe. I've taken off any sell targets ---- just in case. :)
BTW, there are two 'on fire' emojis next to a RT I posted on T this am...one by HedgehogTrader, the other by tradesman2trader.
Copied from T post:
"Randylus
liked a Tweet you were mentioned in
Absurd price for the potential here. https://pic.twitter.com/iw8IERnvBj
Granite God ??
@GraniteGods
7h
Replying to
@randylus
and
@ChartzUp
Absurd price for the potential here.
Also this: '
"Trendtrader Retweeted your Tweet
Finally some 'heavy lifters' are beginning to notice...??
Verizon Launches 5G Innovation Hub with the University of South Carolina
(Growth in this sector can only be good news for IGEN.)
https://ih.advfn.com/stock-market/NYSE/verizon-communications-VZ/stock-news/89083428/verizon-launches-5g-innovation-hub-with-the-univer
This is the future.. UGH... Horrible to think but the Micro Management government won't stop finding more and more things to over regulate.. Breathing air some day will be illegal at this rate.
https://www.msn.com/en-us/news/technology/law-will-install-kill-switches-in-all-new-cars/ar-AASt1Th?ocid=msedgntp&cvid=31e0dcffbae740ebb87d095cd1fef8e2#comments
Interesting point Sharpei…it is getting some attention from larger FinTwit investors. I hope they are getting ready to release a PR with some meat on it
And you are right, ET; but, I notice something else...posted couple days ago on T:
"Percy Holton Jr (7,333 Followers)
@empowered_succ
1h
$IGEN That was some solid news, Overlooked that one !!
nimbotracking.com
IGEN files Patent Pending Application for Creating Real-Time Driver Telematic Signatures (DTS) for...
Lake Elsinore, CA – September 12, 2022, IGEN Networks Corporation (OTC: IGEN, CSE: IGN), a leading innovator of cloud-based and Internet of ,,,"
and,
??BALLA?? (46K Followers)
@stockballa
·
Sep 12
Bought some $IGEN on patent news
I think it is exactly the same as July’s…Anything significant is going to come via PR. Let’s hope we get some contract news soon
"This is the sort of tricky things Chan does in Form7s. Not lie but not make entirely clear" Well stated. Some think this is true for past few years not just this filing.
Need for money will cause more dilution in the year ahead which might keep a lid on share price. Time will tell.
100% correct. This will take some time, but we are making progress slowly but surely. I’m looking forward to seeing the value that the patent will bring to the company.
31772 Casino Drive
Suite C.
Lake Elsinore, CA 92530
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |