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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.
Ping great words of wisdom!
Hope it gives clarity an guidance where needed!
Patience is a virtue and a virtue is something worth having!
KW, the form 7's that everyone keeps waitng for are nothing more than company updates (as I have said a thousand times). I know it's been year's since we all invested but this is a start up company with some progress. I agree the form 7's sound like the same blah blah but that's all they have at this point. There is no way every month they have something new to share. What company has that type of progess to report every month???? Is everyone waiting for next months form 7 again...LOL come on. Folks we have invested our money in a start up company that is a penny stock. Regardless of the share price for me I'm going to "Let It Ride" I believe in Neil Chan. For me it's little risk big reward. GLTA
Thanks Sharpie for your post....Of course Sgt as well.
Thanks for the brake down k_w.
I didn't see much progress or promise of future progress in this Form 7.
I came to that conclusion because there wasn't much new, what was was 'eh' news at most,and they have a few statements that are not clear which I believe is Chan's attempt to make things look better than they are.
Good news of new sales could come at any time but to me it doesn't look at all like we saw business expansion in August.
What was new information in form 7:
- Medallian GPS will have 350 to 400 more commercial assets deployed in the last quarter of the year. Frankly this is disappointing. They never told us how many they already deployed but a few hundred items is not enough to improve this stocks performance we need at least thousands if not 10s of thousands in a year.
- The last item about market trends had a new but confusing phrase about "funding increase for credit union membership services". What does funding increase mean? What funding. Funding is not revenue. It could allude to the federal government increasing funding to support infrastructure which can include credit unions but that doesn't at all necessarily translate to more business for IGEN. I tend to think this is a Chan tidbit that means nothing but could cause optimistic investors see something that isn't there.
What had additional information provided:
- In july said there would be more pre-loads for Nimbo in Portland, this month they put a number on that of 500 to 1000
What didn't change:
- wording about record nimbo tracking services received is identical in both forms. Could mean that happened again or they felt they could say it again (like the wording on the patent-pending being accepted was unchanged). Probably the latter or they would of changed wording to say something to make it clear this happened again. This is the sort of tricky things Chan does in Form7s. Not lie but not make entirely clear.
- still haven't closed the deal on CU Track in Mexico, Texas, PR or Latin America Association. The time period of Q3 remained, but we only have 2 weeks left. Most of these started out by referencing Q2. So we are looking at 3 months no progress. Not good.
What we didn't hear about
- Nothing said about 15 – 20 sales leads GPS Pro leads from the recent convention.
- took credit for 6 new automotive dealerships, 4 new credit unions, and three new distribution agreements for a third month (was first announced in Jun 2022).
This ticker is a.................. (You finish it!)
Quiet before the storm ...
Not going anywhere just added more to my stack
What difference you mean?
I’m going to go out on a limb and say we see the form 7 today. Would like to see something new in it, that hasn’t been heard or seen yet.
He's just a flipper alerts you when he is done loading.
Only care about this again when I read about a buyout deal.... Chan is boring me to death at this point with his horrible convertible deals he sold all of the long out for.
Thanks, k_w: After posting an F7 a couple months ago on the first, it didn't feel too unreasonable to expect it by today's date...
More than 'when', I hope it will be filled with new augmented conquests for the company...at the least. :)
In the past 2 years they have put out the form7 as late as the 14th and 13th in Oct 2021 and Jan 2020 respectively. I did not look earlier than that. In those cases there was nothing special about the form. I suspect the person responsible is behind, on vacation, or something like that.
I'm not buying IGEN today so price won't drop ...
??BALLA?? 46K Followers
@stockballa ??BALLA??
22h
"Bought some $IGEN on patent news."
An example of "Sell the News"....
I will be grateful if we can hold .0025 before we get the news we are waiting for....(Don't ask! ????)
I said hope that “we” need as shareholders. And if
you don’t want a response from me then don’t ask
a question, like “why post this kind of stuff ?” Because
I’ll respond with an answer. The Form 7’s do nothing to
help this ticker: FACT
Use the ignore button please.
Exactly right! My point is just like now the pps isn’t down because people are giving up or need hope. This being held down and brought down to accumulate in these low ranges intentionally.
I don't think we are in disagreement, Sarge. The company has supplied the ingredients for a good deal of the mischief.
My axe with Chan is that he withholds information that could easily calm concerned shareholders (to a point), just with simple clarifications-but, chooses not to.
The Form7 is a great outline...but, really 'outline' is pretty much what it is...and, a bare minimum, imo.
31772 Casino Drive
Suite C.
Lake Elsinore, CA 92530
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