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So tired of seeing "red" on this investment and waiting patiently for this "game changer" being reflected in the PPS. So we go from May 2022 to August 2022 just for a damn modification. Guessing at this pace we will be waiting till June 2023 for this "game changer" IF it even occurs. That will put this "game changer" at two years old.
UNBELIEVABLE
The fact they had applied for another patent was known since the Jun Form7. So I wouldn't really call this news but it is a nice PR that gives us some details.
I still feel this patent 'improvement' is a response to the completion of the due diligence on patent infringements. Meaning I think the outcome of the review by lawyers to see if IGEN can claim infringement was that they needed to strengthen their patent portfolio before pursuing anything legal. I'm saying this because the name of the patent is the exact same but they through in the word 'Real-Time'. The first patent was also a real-time application so its not to differentiate it. I think it is patenting the same concept but making it stronger. That should help it get approved without someone else getting a patent for the same thing before us.
As for how long to wait it takes between 1.5 to 2 years to get a patent if things go well. The first patent 'Method and System for Creating Driver Telematic Signatures' was submitted on 04/18/2019 and approved on 05/26/2021. Companies can request and pay for expediting review but I have never seen an OTC company do that. I think that can shave off 6 months. But its not really needed because the patent pending provides protection as long as they eventually get the patent eventually.
From may form7
Because it's old news >
"Patent-pending filing was accepted by the US Patent Office for DTS augmentation
– assigned to IGEN Networks Corporation and recorded as of August 4, 2022" per past Form 7
Gppd thoughts! Hmm...there's a strategy in here somewhere; guess we'll know when we see the F7. :)
Was thinking today is Tuesday. I work a rotating 4 day swing shift schedule with a lot of ot hours so everything runs together. This, regarding my “today seems appropriate” comment in the previous post. Was agreeing with you.
I was thinking it was delayed until now so they could get the PR out before the 7. Today seems appropriate. Maybe a couple more nuggets in there for us.
Tuesday Form 7? (Should be! eh?) Looking forward to that!
Get more today before it is too late. You have only a few days left before the launch.
I’m not sure, I hope it won’t be longer than 60 days
Some news. No volume. Holding a little.
IGEN
Does anyone recall how long before the mod patent should be issued?
I believe this will be what Neil said the patent would be “ a game changer”
IGEN files Patent Pending Application for Creating Real-Time Driver Telematic Signatures (DTS) for Autonomous Vehicles
Lake Elsinore, CA, Sept. 12, 2022 (GLOBE NEWSWIRE) -- IGEN Networks Corporation (OTC: IGEN) (CSE: IGN), a leading innovator of cloud-based and Internet of Things (IoT) solutions for the protection and management of mobile assets, today announced the filing for Patent Pending Application No. 17/850,258 - "Method and System for Creating Real-Time Driver Telematic Signatures" with the United States Patent Office (USPTO).
IGEN's Patent Application No. 17/850,258 further strengthens IGEN's patent portfolio by doubling the number of patent claims to over 40 elements related to assessing driving behavior and habits, regardless of whether the driver is a person or an autonomously driven vehicle. The Digital Telematics Signature (DTS) is comprised of proprietary algorithms designed to measure driver behavior for both commercial and consumer vehicles regardless of the data sources. Patent Application No. 17/850,258 expands the dataset of "Big Data" to include many of the external elements that affect driving behavior including weather conditions, population density, and vehicle condition. Whether driving in high-density traffic or at high speeds over the expressway, the data is normalized across a relatively large sample to eliminate gross errors and create a consistent and accurate driver profile based on actuarial metrics. With programmable weighting of driving events such as speed, sudden-braking, harsh-turns, traffic flow, and vehicle profiling, a "DTS" or weighted score is created and updated real-time or over an extended period-of-time in accordance with actuarial standards.
"The premise for Driver Telematics Signatures is to establish an industry standard for assessing driving behavior independent of its data source, whether it's a commercial truck driver, a teenage driver, or even autonomous vehicles using AI imaging and sensors, our algorithms will normalize the multitude of driving data and eliminate gross errors to derive a unique signature or score for the driving patterns and habits of a driver or an autonomous driven vehicle," said Neil G. Chan, CEO of IGEN Networks Corporation.
IGEN's Next-Generation Platform incorporates the DTS algorithms for both commercial and consumer markets. Built on Amazon's Web Service (AWS) infrastructure and based on state-of-the-art coding methodology, the Next-Generation Platform leverages Facebook and Google design techniques to present a seamless user interface regardless of access methods including smartphones, tablets, desktops, and third-party application environments. The AWS infrastructure offers reliability, security, and scalability to support millions of users or assets and an Application Programming Interface (API) friendly environment that adapts to a broad range of data sources to support the changing needs of consumer and commercial markets.
About IGEN Networks Corporation
IGEN Networks Corporation creates software services for the consumer automotive and commercial asset management industries enabling their customers to better manage their assets and protect their families. IGEN is a fully reporting company in both Canada and the United States. It is publicly traded on the OTC Markets under the symbol IGEN, and listed on the CSE under the symbol IGN. For more information, please visit: www.igennetworks.net
https://www.globenewswire.com/news-release/2022/09/12/2513937/0/en/IGEN-files-Patent-Pending-Application-for-Creating-Real-Time-Driver-Telematic-Signatures-DTS-for-Autonomous-Vehicles.html
IGEN $$$
Now that's good "NEWS " I'M ready $IGEN
This can actually be one of those life changing stocks going forward for those who are really tuned in to what they're accomplishing here....$$$$$
IGEN continues to grow in so many ways. Some day the true value will be allowed to show in the stock price. Let’s go.
Wow! This is great news. Autonomous vehicles are becoming more prevalent and it's good to see that we are on top of it.
That is wonderful for all longs for sure.
A little more wait but the ball is rolling to home base.
Congratulations, Longs!
https://webfiles.thecse.com/IGEN_PR_Patent_Pending_No.178_850258.pdf?X4Dh9Bq9Nbn.oh8RXldSS2EZMT8bAQGl
" Patent Application No. 17/850,258 expands the
dataset of “Big Data” to include many of the external elements that affect driving behavior including
weather conditions, population density, and vehicle condition. Whether driving in high-density traffic or
at high speeds over the expressway, the data is normalized across a relatively large sample to eliminate
gross errors and create a consistent and accurate driver profile based on actuarial metrics. With
programmable weighting of driving events such as speed, sudden-braking, harsh-turns, traffic flow, and
vehicle profiling, a “DTS” or weighted score is created and updated real-time or over an extended
period-of-time in accordance with actuarial standards. "
Great news! Looks like Neil is getting his ducks in a row for what’s to come. Now when the patent comes back and these new additions are granted, we will be in league of our own to capture a whole new market.
When all is said & done!
All will be said & done!
What time is it?
Tic Tic Tic…
BOOM!
Stay Tuned..,
Anyone has a link to the patent application? TIA
On the cutting edge of things to come ..... IGEN
$IGEN News!!! IGEN files Patent Pending Application for Creating Real-Time Driver Telematic Signatures (DTS) for Autonomous Vehicles
Lake Elsinore, CA – September 12, 2022, IGEN Networks Corporation (OTC: IGEN, CSE: IGN), a leading innovator of cloud-based and Internet of Things (IoT) solutions for the protection and management of mobile assets, today announced the filing for Patent Pending Application No. 17/850,258 - “Method and System for Creating Real-Time Driver Telematic Signatures” with the United States Patent Office (USPTO).
IGEN’s Patent Application No. 17/850,258 further strengthens IGEN’s patent portfolio by doubling the number of patent claims to over 40 elements related to assessing driving behavior and habits, regardless of whether the driver is a person or an autonomously driven vehicle. The Digital Telematics Signature (DTS) is comprised of proprietary algorithms designed to measure driver behavior for both commercial and consumer vehicles regardless of the data sources. Patent Application No. 17/850,258 expands the dataset of “Big Data” to include many of the external elements that affect driving behavior including weather conditions, population density, and vehicle condition. Whether driving in high-density traffic or at high speeds over the expressway, the data is normalized across a relatively large sample to eliminate gross errors and create a consistent and accurate driver profile based on actuarial metrics. With programmable weighting of driving events such as speed, sudden-braking, harsh-turns, traffic flow, and vehicle profiling, a “DTS” or weighted score is created and updated real-time or over an extended period-of-time in accordance with actuarial standards.
“The premise for Driver Telematics Signatures is to establish an industry standard for assessing driving behavior independent of its data source, whether it’s a commercial truck driver, a teenage driver, or even autonomous vehicles using AI imaging and sensors, our algorithms will normalize the multitude of driving data and eliminate gross errors to derive a unique signature or score for the driving patterns and habits of a driver or an autonomous driven vehicle,” said Neil G. Chan, CEO of IGEN Networks Corporation.
IGEN’s Next-Generation Platform incorporates the DTS algorithms for both commercial and consumer markets. Built on Amazon’s Web Service (AWS) infrastructure and based on state-of-the-art coding methodology, the Next-Generation Platform leverages Facebook and Google design techniques to present a seamless user interface regardless of access methods including smartphones, tablets, desktops, and third-party application environments. The AWS infrastructure offers reliability, security, and scalability to support millions of users or assets and an Application Programming Interface (API) friendly environment that adapts to a broad range of data sources to support the changing needs of consumer and commercial markets.
About IGEN Networks Corporation IGEN Networks Corporation creates software services for the consumer automotive and commercial asset management industries enabling their customers to better manage their assets and protect their families.
IGEN is a fully reporting company in both Canada and the United States. It is publicly traded on the OTC Markets under the symbol IGEN, and listed on the CSE under the symbol IGN. For more information, please visit: www.igennetworks.net
Forward-Looking Statements This news release may contain forward-looking statements or forward-looking information within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Canadian securities law. The terms and phrases "goal", "commitment", "guidance", "expects", "would", "will", "continuing", "drive", "believes", "indicate", "look forward", "grow", "outlook", "forecasts", “intend”, and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by IGEN in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that IGEN believes are appropriate in the circumstances, including but not limited to statements regarding investment liquidity, financing options and long term goals of the Company, general economic conditions, IGEN's expectations regarding its business, customer base, strategy and prospects, and IGEN's confidence in the cash flow generation of its business. Many factors could cause IGEN's actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements, including, without limitation: risks related to competition; IGEN's reliance on key personnel; IGEN's ability to maintain and enhance its brand; and difficulties in forecasting IGEN's financial results, particularly over longer periods given the rapid technological changes, competition and short product life cycles that characterize the mobile application industry. These risk factors and others relating to IGEN that may cause actual results to differ are set forth in the under the heading "Risk Factors" in IGEN's periodic filings with the British Columbia Securities Commission and the U.S. Securities and Exchange Commission (copies of which filings may be obtained at www.sedar.com or www.sec.gov. These factors should be considered carefully, and readers should not place undue reliance on IGEN's forward-looking statements. IGEN has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Contact: IGEN Networks Corporation Email: info@igennetwork.net Call Us: (855)912-5378
https://webfiles.thecse.com/IGEN_PR_Patent_Pending_No.178_850258.pdf?X4Dh9Bq9Nbn.oh8RXldSS2EZMT8bAQGl
You're welcome, ison. I hope we get substantial news very soon. Enjoy your weekend... :)
Oh! I'm afraid you've missed at least two years of the message board. The subject has arisen, been debated many times.
There's no confusion on my part in which company I've invested...these last three years,
You are not convinced probably for reason. iGEN Energy and IGEN Networks appear to be different companies.
Most important if IGEN Networks was supporting Tesla that would be well known and our sp would be in $$$$$ and not a minute of pennies. IGEN Networks does not mention Tesla in its last IGEN announces Net Profit for Second Quarter 2022 • InvestorsHub NewsWire • 08/05/2022 11:08:55 AM and iGEN Energy does mention it either. Partial quote:
https://www.igen-energy.com/tesla-powerpack/
Tesla Powerpack - iGen - Affordable battery solutions (igen-energy.com)
From our headquarters in Greater Manchester we are ideally located to cover the whole of the UK – and help you achieve your financial and environmental targets.
iGen work with businesses, housebuilders and contractors to design and install solar PV systems that meet BREEAM & ESOS environmental targets and substantially reduce energy bills.[/b
I personally believe that IGEN is a great buy and am holding my shares. Should it not pan out, which I hope it will, to me it would not be a great loss if it doesn't.
Does Tesla really utilize IGEN's patented DTS system? (I'm not convinced...unless there is more data elsewhere supporting the hypothesis.)
"Insurance Using Real-Time Driving Behavior
Tesla offers insurance using real-time driving behavior. This is currently available to all Model S, Model 3, Model X and Model Y owners in select U.S. states.
Unlike other telematics or usage-based insurance products, Tesla does not require an additional device to be installed in your vehicle. Tesla uses specific features within the vehicle to evaluate your premium based on your actual driving. You will make monthly payments based on your driving behavior instead of traditional factors like credit, age, gender, claim history and driving records used by other insurance providers.
Your premium is determined based on what vehicle you drive, your provided address, how much you drive, what coverage you select and the vehicle’s monthly Safety Score. An average driver could save between 20% to 40% and the safest drivers could save between 30% to 60%.
Learn more about how Tesla Insurance using real-time driving behavior works."
https://www.tesla.com/support/insurance#real-time
Tracking our competition:
GEOTAB makes some strong claims re: gps tracking device:
3,000,000+ Telematics devices in operation
Reduce fuel costs and take fleet efficiency to new heights
Control idling and coach drivers to better behaviors with the flexible, fleet tracking platform.
Accurate vehicle tracking
Vehicle health assessments
Collision detection and notification
"Geotab offers exceptional harsh-event data (acceleration, braking, cornering, etc.) and collision reconstruction through our patented algorithms and the GO device’s accelerometer."
In-vehicle driver coaching-"Driver safety reporting
Driver coaching-----But, No 'driver behavior'
Does not have DTS "patented"
Advanced data capture
*** Are Naspo and Sourcewell 'legitimate' institutions?
SAMSARA
No, Samsara doesn't have DTS either....
https://www.samsara.com/
Onstar boasts: "The end of 2G networks
See how the 2G network sunset will affect your vehicle." ???????
What are they thinking?!
https://www.onstar.com/us/en/home?ppc=GOOGLE_700000001302986_71700000048879287_58700004855294799_p41762801707&d_src=313715&d_adsrc=3876788&d_campaign=71700000048879287&d_site=GOOGLE&d_adgroup=58700004855294799&d_keyword=gm%2520onstar&gclick=Cj0KCQjw6_CYBhDjARIsABnuSzoaGeqW-4IsroS-j3fDYL45VUk3CneT886GxSWi6LmS-N0W8K_l0UEaAn0QEALw_wcB&gclid=Cj0KCQjw6_CYBhDjARIsABnuSzoaGeqW-4IsroS-j3fDYL45VUk3CneT886GxSWi6LmS-N0W8K_l0UEaAn0QEALw_wcB&gclsrc=aw.ds
IF you can buy them, fu**ng pinks.
Stay focused on only one thing? average down daily.
And back into the 2’s on low volume, of course.
Some big buys coming in maybe form 7 today
Someone is chewing the ask this morning ;)
I doubt any MMs have 9m or 10m shares to play with like that. It was most likely retail either trying to induce panic sells to fill cheap, or it was someone who has no idea how to scale out. My two cents
IGEN $$$
Looking good on the Breakout Board $IGEN
Maybe a MM signal for, let it run.
Accumulation looks good today I don't see no delusion
All its takes is one good day makes all the difference
imo the ask wall we've seen recently comes and goes, probably retail and maybe games to fill cheaper
my two cents
IGEN $$$
Can you imagine when we get news and volume $$
I added at open looks good to me so far
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