iGen Networks Corp (IGEN)

[kayak_wench]

'Fault' is an interesting word to chose. It could be no one is at fault. IGEN had to try something to increase their business and Chan picked a niche market. Maybe that market didn't ever really exist. This is customer base that has little money to buy on technology toys. County funding is limited by tax payers willingness to support them. Chan felt that given a product designed with their needs in mind and if the counties could get extra support from the infrastructure bill he would make sales. Because Chan thought they would want GPSMedallion doesn't mean they would.

Or it could be that NY is not satisfied with how the product is performing and IGEN is having to work those issues and are doing so before trying to get new customers. If that is the case it would IGEN's fault for not producing a high quality product.

Or it could be that the counties prefer to go with a well known company that they know will exist and can support what they buy. Meaning a company with hundreds of thousands of units in the market and not IGEN that maybe has 4,000 with 3,000 of those just rolling out this year.

We simply can't know why they haven't managed to get a single new CEA customer this year. But we have to keep hoping that they eventually will announce more deals.

[jgrant93]

The company might not be working on our timeline but the patent is finished and inventory has gone out somewhere.

Cost should be going down for this quarter.

[jgrant93]

We also dont know a whole bunch about cu trak or their marketing deals or when subscriptions might activate.

[sharpei]

If you are correct, re CEA, whose fault is it then?
Given the attention CEA gave IGEN and it

[kayak_wench]

I agree. Barring several CEA deals being signed they will have to increase shares. Given there is not a hint in form7s that there are any discussions with CEA customers I'm not holding my breath on CEA. It seems to have been a much hyped failure.

[jgrant93]

All depends on our revenues continuing to increase or not. I'm thinking that they will.

[marylandstockguy]

The AS count is still only 2.2 billion, but that's as of November 7? Do you think it's going to rise from there? If not, it's not terrible. Right now the MC is only 2.5 million or so.

[alert1100]

After they stop dilution going on for last 2 years .The notes did us shareholders with huge losses ...Some folks are down 50K

[jgrant93]

The run here will be huge when it happens.

[ranchhand71]

Write to CSE to join the group against his pumping and abuse

[alert1100]

Oh thats good words of encouragement... :)

[Sgt T]

Lol. These guys manipulating the ticker and blaming me of “pumping” is hilarious. These maggots have buried the ticker and want to blame me for pumping? Too funny. I hope they can change their ways before it’s to late. Sadly, hell will be full of “rich” people.

[MSU]

The bottom is coming, but it will be a few months before it gets here, maybe a year. Probably be your Christmas present in 2023.

[MSU]

If they say we can get our money back, who will be required to pay us?

[MSU]

This drop will let you add more tomorrow, remember what your stop loss order is? That is correct triple zero.

[MSU]

30 percent drop today. Have mercy.

[MSU]

Do you think there is a chance that we can get out money back?

[MSU]

If this is true. Shame on him. We work hard for our money.

[Sgt T]

Yes they do. Just as they will show what you are doing!

[jgrant93]

Could also just be retesting 0012... seen that here lots.

[ranchhand71]

The facts will show what you have done

[jgrant93]

I think they're dumping here because as they bought in the price kept going down so they're barely breaking even on their shares.

[torn4now]

Understood and thanks. I just wonder why they hell they would be dumping them at these levels is all. Anyway GLTA

[jgrant93]

I dont think were necessarily waiting on anything earth shattering although the potential for it is there with all the open distribution and marketing agreements. Government and otherwise. Cu trak and medallion gps.

Right now the fundamentals are improving and the price is plummeting so while this looks awful now it does seem to be an opportunity to me.

Abel would not have accepted a promotion in a company thags declaring bankruptcy in a few days and the patent isnt disappearing either.

[jgrant93]

Ya I think Jefferson has bought all the shares from the s1 and now they're dumping their position.

Seems to be anyways.

[ranchhand71]

As you knows a fool and his money is easily separated. Excellent that you abd Chsn statements all recorded here past 20+ months so easy for CSE review .. Complete Fiume. Nice that quite a few others found your approach abusive and manipulative. Revenge of the Canadians !

[torn4now]

Wow something is not right with this scenario. IF there was earth shattering news gonna be dropped yet this year NO ONE would be selling. It has to be dilution is ramping up again --- at the expense of shareholders ---- with these mickey mouse crap installations. But yet the S1 is supposedly done ?? WTF This sucks azzzz man

[jgrant93]

Makes no sense being down here. Once Jefferson is done selling their shares we will go up again. Grab what you can.

Company marketing deals and patent are worth far more than the current market cap.

[alert1100]

Got some 14s today ...

[alert1100]

Has to be a bottom somewhere ....

[MSU]

Keep buying, do not stop. Buy more each day, then buy more on days that it keeps dropping, no reason to stop buying, until it gets to zero then stop.

[alert1100]

I'll also take 12s 14 s ...

[alert1100]

15s I'm a buyer

[reindlll]

So st least we didn't just get prices for the shares from now.

[jgrant93]

I'm pretty sure they are selling for a loss since they were buying around 004 to 0025 ... we saw dilution from shares added for Jefferson and now Jefferson os dumping heh

[reindlll]

How much more cam they have. Hope they sell for a huge loss.

[jgrant93]

I guess Jefferson is selling all their shares.

[Eddie T]

Keep saying that and you will be right one of these days lol. I hope you are right sooner rather than later :)

[Bionic Man]

Your right… Veteran’s Day. Time to thank a vet who serves or served this great Country.

[reindlll]

As said your credibility is on the table.

[AC777]

This Friday will be a Good Friday for all

[reindlll]

At some point in the future for sure. Good call. Lol

[AC777]

It’s Coming…

[reindlll]

Usually behaviour at continuous dilution like here.

[jgrant93]

Strange stock

[reindlll]

Seriously?

[reindlll]

What kind of homour is that? Someone is burying his credibility.

[jgrant93]

No news

[AC777]

News!!$

[AC777]

News…