iGen Networks Corp (IGEN)

[Double-K]

No detail in pretty much every instance. We have no, and have never had, guidance here. Frustrating. And tech does move fast, I’m still hopeful we’re in the game and that the patent carries weight. Only reason I’m still here.

[sharpei]

My point exactly; we have. Neil's played fast and loose with the details in many instances...Would like to see some of his projections entered as executed contracts-for sure.
Considering the professional sales/distributions companies now working for us (on dealerships) and Neil's attendance with CEA at the counties annual conference plus the execs at CEA backing IGEN's claims and the IGEN presence at credit union conferences over the last year there should be an impressive number of new contracts posted in this next F7.

[sharpei]

No, I don't see evidence of patent infringement-just tech is moving fast and the new cars already have a lot of this built-in.
We all know the speed at which tech moves...

[Double-K]

You can say that again. We’ve been plenty patient.

[Double-K]

Are you thinking/suggesting patent infringement?

[jgrant93]

Neil better get a move on.

[sharpei]

"Hyundai Mobis announced that the company developed the Integrated Communication Controller, which enables real-time communication of various vehicle information with other vehicles or infrastructure through external communication networks."

https://telematicsnews.info/2020/06/26/hyundai-mobis-develops-the-next-generation-v2x-control-technology-or-the-integrated-communication-controller-in-korea/

Also, insurance cos develop apps to read drivers' behavior:
Mercury Insurance, eg: https://www.pymnts.com/insurance/2022/telematics-enables-insurers-to-monitor-driving-behavior-promote-safety/

[sharpei]

Here lies maturity.

[AC777]

Maturity isn’t a requirement but would be greatly appreciated!

Sigmund was quoted saying “doing the same thing looking for different results, defines Insanity”

So for those quacking here every day looking for something to change INSANE!

Time not money is our most valuable asset, so learn to spend yours wisely!

Stay Tune…

[sharpei]

There is no reason to find fault, especially when your account shows $$$1000s in deficit.
Is there a requirement to post utter nonsense on this board?

[AC777]

Sgt whenever any investor become so disappointed with this stock that all he can do besides leaving is to come here every day to B!TCH..

Well if it’ walks like a duck an quack like a duck then it’s

BOOM TIME

Caution: duck crossing ahead please increase speed ahead, let’s kill all these quacking ducks!

Stay Tuned … quack quack quack quack!

[kayak_wench]

Yep, that is the quote. If he would have stopped at the first sentence I wouldn't be so disappointed. I am also ok with him telling investors to stay patient, but he goes much further and tells investors they should do something that he, or anyone at the company for that matter, hasn't been willing to do in two years....buy shares. Why should we buy shares if he isn't. Why are they opportunities for us but not insiders? I think it is pretty obvious is telling us to buy shares so he can dump more onto the market. He, nor any of us, should expect 'opportunities' to be available unless there is dilution going on. Pretty much everyone is down at this point except for convertible lenders who get shares at a fraction of the market value.

[Sgt T]

Neil said “IGEN has never been better positioned to be a disruptive force and market leader, so I would encourage you and your associates to take advantage of buy opportunities and stay patient”

[kayak_wench]

It seems strange to me that you think I sold. If I sold I wouldn't be annoyed with the price I would be out and moving on. No I have not sold anything. But I sure invested much more than I would have since had I know to the extent Chan lies and exaggerations in the form7s. Each month he has one or two items that occur 3 to 6 months after first being reported as occurring soon or at a time that moves, is something that appears then disappears never to return, or turns out to be very misleading. But what really set me off was him responding to an investor after all those deceptions with a recommendation to that person to keep their eyes out for buying opportunities. I translate that as big share dump-age is in our future. FYI, that was before we got below 0.002 cents. I don't think its over yet either. $100,00 a quarter that is expected to double by years end (they estimated that when they forecast a doubling current units by then) will not pay their reoccurring expenses and salaries.

They aren't at risk of going bankrupt and are still building their business so I am holding. Hopefully the keep the dilution to an amount that I can break even when the price increases. But I think we have some big dumps left before we get cut a break.
There is a reason Chan responded to an email telling that investor to 'look for opportunities'. That is pretty much announcing they will be dumping shares such that the price is going to tank.

[Bionic Man]

Truth, did you sell out your shares in the last two weeks? Please be honest, I’d say hell yes if I did, or hell no if I didn’t, but reading all your latest posts leads me to believe you have moved on to another ticker. I’d say good luck to you and your new found endeavors, and keep an eye on what’s to come here.

[Sgt T]

Believe what you want. It makes no difference to me. Volume will solve the issue no matter what the problem is. I appreciate your DD when it comes.

[kayak_wench]

So investors are dumping shares continually, millions of shares everyday and the reason we are so low is because the market doesn't see any potential in the company? Are you sure you want to brag about that? FYI, I'll believe no dilution when I see the 10Q.

Sarge, please don't chime in about manipulators. This is about lack of buyers and plenty of shares being offered...apparently at whatever price it takes to unload them.

[sharpei]

This is the kind of announcement the results of which have never been announced to shareholders (Yes, we know about Covid-doesn't relieve CEO of addressing the details.) It's happened repeatedly over the last five years..just common and good business practice, the lack of which shows a certain amount of careless attitude toward shareholders.


"LAKE ELSINORE, Calif., Nov. 16, 2020 /PRNewswire/ -- IGEN Networks Corporation ( OTCQB: IGEN) (CSE: IGN), and its wholly-owned subsidiary Nimbo Tracking a leading innovator of consumer automotive IT services, today announced the signing of Dealership Agreements with Nissan and Ford Franchise Dealerships located in the Southern California region, with an initial Pre-Load or Total Lot Activation of approximately 700 new vehicles.

[jgrant93]

No dilution for the past 2 weeks... kayak wench?

[sharpei]

August CSE Form 7 due out any time; watch for further news items on the following:

June CSE Form7 included: Details of any new products or services offered.
• Medallion GPS PRO the next generation fleet management platform to be launched at the NACO Convention
& Installation of Medallion GPS units initiated with several departments amongst NY State Counties.
& Discussions for CU Trak endorsement across Credit Union Leagues in New Mexico, Texas, and PR are in process – expect distribution agreements to be ratified in Q3

July CSE Form7 included:
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

New Pre-load for Portland Dealerships completed – additional Pre-loads scheduled for Q3/2022

Record registrations for Nimbo Tracking services received from existing dealerships this month – supply chain is improving across franchise dealerships

Installation of Medallion GPS units completed for first group of Counties in New York State

New orders for CU Trak received from Puerto Rico Credit Unions

Medallion GPS PRO the next generation fleet management platform to be
launched at the NACO Convention - well received with 15 – 20 sales leads to be converted

[sharpei]

$IGEN On Balance Volume 10Y daily:



"On-balance volume (OBV) is a technical indicator of momentum, using volume changes to make price predictions.
OBV shows crowd sentiment that can predict a bullish or bearish outcome.
Comparing relative action between price bars and OBV generates more actionable signals than the green or red volume histograms commonly found at the bottom of price charts.

Granville believed that volume was the key force behind markets and designed OBV to project when major moves in the markets would occur based on volume changes. In his book, he described the predictions generated by OBV as "a spring being wound tightly." He believed that when volume increases sharply without a significant change in the stock's price, the price will eventually jump upward or fall downward." - Investopedia

[sharpei]

" If a security’s price is in a downtrend while the A/D line is in an uptrend, then the indicator shows there may be buying pressure and the security’s price may reverse to the upside."
- Investopedia https://www.investopedia.com/terms/a/accumulationdistribution.asp

[Manti]

Lonewolf is correct. Charts ALWAYS show high accumulation while dilution is occurring because the data they use does NOT take dilution into account. To state otherwise is either ignorance or being deceptive.

[sharpei]

You're very welcome, Sarge! :)

[Sgt T]

Thank you Sharpei!

[Bionic Man]

Anything is possible with the right news and profits.

[sharpei]

$IGEN comparison chart to where Acc/Dist was when we hit our high of .0243:

[Sgt T]

Exactly right!

[SmootchmyPootch]

Working on a holiday weekend...that's a good sign IMO. Full court press

[Sgt T]

Why do you ignore the HUGE POLKADOT ELEPHANT in the conference room? The Accumulation!

[Sgt T]

The only manipulation that can’t be pulled off without a hitch is the accumulation. They can not hide the fact that they are loading while they are desking shares and driving down the pps. This will not go on forever. Once the dilution ends for good (good revenues) this will run. These crooks are going to want to sell for much much higher at that time. I just laugh now at post like this.

[Sgt T]

The accumulation chart is a figment of our imagination. Sounds about right. It’s not “real” accumulation because the price is low. Lol. Right…

[jgrant93]

Accumulation on the bid... followed by huge dumps if other buyers come in to dissuade new investors.

Simple.

[alert1100]

It's coming....

[alert1100]

Lwolf1 ,,,, according to your theory on light volume the MMS would drop price. I was waiting and wondering ;)

[Lonewolf1]

When there is REAL accumulation, the price of a stock rises steadily - it does not decline steadily and precipitously.

Let’s get real here.

“Accumulation is through the roof”

BWA HAHAHAHA. HA.

[GMJDubbs]

Have you seen the Accum Chart? Who’s loading up then?

[Lonewolf1]

I agree there is a nice spike due, for sure.

Not at all sure about Sarge’s theory that MMs are accumulating shares though.

Hell, if this was the case they would have billions and billions by now, since IGEN has been dumped steadily for going on three years now.

If we are having this same conversation a year from now and the price is down here or lower, then we’ll know who’s right, yeah?

[Eddie T]

Yeah, but they’ll dump until they don’t, right? They are trying to scare LT investors out of their shares to scoop them up at these ultra-low prices; you know this. The name of the game is is to stomach the volatility until the MMs are on your side and they run this sucker up like crazy…it’s coming

[Lonewolf1]

Not this past January. Maybe the January a year earlier.

Don’t forget:

1. OS much bigger now
2. Folks are MUCH more wary
3. Chan has lost all credibility
4. The technology is a few years older
5. MMs (Chan) will dump HARD into any rally

[Eddie T]

We need a Picasso to show up

[alert1100]

Watch eod ...

[alert1100]

Is this silence before the storm

[alert1100]

The stock markets closed September 5th and next week from 7. I hope to see more government contracts , credit unions ect and profits coming in and more on financials..

[alert1100]

Perfect time for me to keep adding

[alert1100]

No MMs sightings this has to be coiled tight and ready to blow .....

[Eddie T]

I remember in January, I believe, we had a huge day after a form 7….I think we traded like 1/2 Billion shares, so it is possible

[sharpei]

It SHOULD be hard to argue with facts.

[Lonewolf1]

We would already be well above .05 if we had a CEO who did anything at all for shareholders.

Anything is possible in this stinky pinky land.

But it would take 100 million+ share days to move IGEN at this point. Maybe much more than that.

[Eddie T]

I’m still thinking we may merge w/PU. Maybe that is what all the dilution is for b/c it would cost some $…Wells would probably want us to get more contracts under our belt, first. The two companies have way too much in common for that scenario to be ignored. That would propel us to .06