iGen Networks Corp (IGEN)

[AC777]

Lol you all can read it now! It’s all in black an white!

You soon feel it!

Tune in or get Tuned out…

[Legster1969]

Awesome! We keep on growing, and that's what it's all about.

[reindlll]

NEWS! IGEN’s Nimbo Tracking adds four new dealerships and 1250 vehicles across three states in Third Quarter 2022
Lake Elsinore, CA – October 3, 2022 – IGEN Networks Corporation (OTC: IGEN, CSE: IGN), a leading innovator of software solutions for the consumer automotive and commercial fleet industries, today announced the addition of four new dealerships located in three states with 1250 pre-loaded vehicles acquired through its channel partners DOWC and Peak Performance.



DOWC® is among the fastest-growing service contract providers and administrators in the United States covering all 50 States across the country. Recipient of the 2021 Dealers’ Choice Diamond Award, DOWC offers customizable F&I products, expertise in compliance, and a full suite of technology designed to optimize productivity and expedite claims adjustments, processing, and reporting.



Peak Performance Team (PPT) is a nationwide organization and industry leader in providing protection products, lending, technology, and training to dealerships across 28 states, serving more than 450 automotive dealerships across the US markets.



“We are delighted to see our national deployment programs with both DOWC and PPT are taking effect across multiple states. With the initial pre-load, all vehicles will be activated with inventory management capabilities and then sold with vehicle theft and family protection services when a vehicle is purchased from the dealership. The revenue model has proven very compelling for both the automotive dealerships and IGEN as every vehicle sold with our services represent long-term residual revenues for the company,” said Neil G. Chan, CEO of IGEN Networks Corporation.



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
Neil G. Chan
Email: [e-mail]
Call Us: [phone]

[sharpei]

Reasonable doubts, k_w; I've long thought that given the bright forecast that we would have seen more contracts from credit unions given the participation in Agent Summit and at least three others since August 2021. ? What's the hang-up? And also, we have two strong national distributorships working on sales as well-so, in large part those six dealerships are at least something-although again it would seem that they should have brought home more sign-ups among dealerships.
Am not as concerned about the counties; I think that by year end we should see a decent increase in #medalliongps sales.
We are in a difficult situation and the economic environment contributed greatly to it, but we are now beyond those constraints and momentum should be ramping up noticeably by January 1.
We still deserve some reasonable feedback on the patent valuation and any possible mergers or buyouts-not that we're expecting anything along those lines to be forthcoming any time soon.

[Legster1969]

Nice tweet :)

[AC777]

Looks like a record month for IGEN shipments….over a 1000 units going to customers this week! Congrats team

— IGEN Networks Corp. (@IGENngc) September 28, 2022

Looks like a record month for IGEN shipments….over a 1000 units going to customers this week! Congrats team

[kayak_wench]

Dilution is not our only worry. I'm concerned our customer base has not grown outside of car dealerships in at least half a year.

In Q2 we had one CuTrak endorsement and deals ready to close that quarter with New Mexico, Texas, PR and the Latin America Association of Credit Union Executives.

We are about to start Q4 and we have one CuTrak endorsement and deals supposed to close 2 quarters ago with New Mexico, Texas, PR and the Latin America Association of Credit Union Executives still not secured.

Igen has had an agreement with NY counties for sometime but no one else. Despite attending a NACO Convention and receiving 15 – 20 sales leads back in July we haven't heard of anymore states that want GPS Pro.

Need a PR next week announcing some new GPS Pro customers but will settle for some Cu-Track.

[sharpei]

$.0022...good ol' predictable igen...(sigh!)

[SmootchmyPootch]

Because we no stupid, waiting for you to take it to trips first, big boi

[alert1100]

Where you see 0.0021s did you get some ?

[MSU]

Why did you not get the .0021’s?

[ranchhand71]

EH CSE forms

[alert1100]

No volume cant get pass .003 come on Chan PR will do wonders.

[alert1100]

This was green all day ,I go out and check and it's down .I guess I'll have to sharpen my pencil ??....Lets go IGEN

[alert1100]

What happen ?

[MSU]

Please keep buying

[alert1100]

We're the whales are swimming in the streets of Florida ...

[alert1100]

Dilution IS slowing and accumulation is rising $IGEN

[alert1100]

I bought 70k and it dropped to .0024 I knew it would happen .

[alert1100]

I want to add some but I know it will drop after my buy ..I'm waiting dont want to be the frist one .

[alert1100]

100% agree but for how long ?

[ison929]

Better than red!!!!!

[alert1100]

__________________ does it have a pulse _______________

[alert1100]

1 M .0025s who wants them im going to take some more 70k let's rock .....

[Sgt T]

There’s my favorite Canuck for sure. I’m about to be on pogey if this hoser Neil don’t send us the back bacon soon eh? Guess I’ll grab a two-four or a Mickey until this kerfuffle is over. Glad to see the gentleman from Canada is here!

[ranchhand71]

Should make for the first real new revenues in a long time with the next Form 7 update. Challenge remains getting more cash in without such large dilution

[alert1100]

I'm thinking .0.0023 close

[torn4now]

"game changing" news right ? lmao glta

[sharpei]

hallelujah...

[reindlll]

Again this would deserve a PR with the details you stated.

[Double-K]

Sounds good but we need guidance on how, when etc this puts money on the books. This is encouraging, just need that guidance.

[JMMatthews]

Looks like a record month for IGEN shipments….over a 1000 units going to customers this week! Congrats team

Looks like a record month for IGEN shipments….over a 1000 units going to customers this week! Congrats team

— IGEN Networks Corp. (@IGENngc) September 28, 2022

IGEN $$$

[reindlll]

The question is just when they arrive.

[AC777]

Wow can’ you feel it?

Earth quaking, earth shaking news on the way!

[Eddie T]

~

[MSU]

You bought 24’s yesterday today you must buy 23’s. Now please continue to average down. Only stop at ?

[alert1100]

$IGEN #25 on Breakout Board let's goooo....

[alert1100]

It's time to take another look ,get ready $IGEN

[AC777]

Double K I would never advise anyone on to enter or exit a position but your input is greatly appreciated an will pay off soon…

Wait for it

November 15th

[Double-K]

Yeah market is garbage. I know where I want to reinvest but it could be a bust too. Not trying to exit Igen completely either way.

[N-13]

What happened to IGEN, is it going down to the trips? I made some money here in 2020, maybe another opportunity here again?

[alert1100]

. 0.0000

[MSU]

That is the only way. Now you are averaging on down, remember now when to stop buying?

[AC777]

Ethereum just merged!

Looking for a great scale up asap…

[Bionic Man]

Thing is, where do you invest the money? This market in general sucks ass.

[alert1100]

Got me some 24s like taken candy from a baby ...yes ...

[Double-K]

I’ve got a mil for $2500 if you want em, Sarge. I need to make some moves and try and make some money. This may have a bright future, yet to be determined, but this is and has been dead money for a while now.

[Double-K]

They should have their own money at this point and not need to do this. We’re supposedly profitable though so maybe the AS raise is precautionary. They need to have some flexibility with the structure either way. Really hoping for something good in the next quarterly.

[Sgt T]

All I can say is I’m willing to wait. This has been a huge disappointment for a long time. I’m going to hold out for the big pay off. It will come one of these days. When you are waiting on the government to act it can take a lot of time. Politicians are most likely loading and so will I.

[jgrant93]

Doesnt exactly exude confidence does it though... what expenses are we even incurring at this point?

All this paperwork better payoff soon.

And this magic 750 number on preload and installs must be some free trial deal he gives out or something

And so far nothing on new orders from any of the previous announcements.

please new york... you're our only hope.

I cant see anything in the near term here anymore.