iGen Networks Corp (IGEN)

[GMJDubbs]

Let’s not all cheer at once here….

[Bionic Man]

Wouldn’t that be nice…… I doubt that he’s doing much. It those assholes don’t start making money for the business, they will all be shit out of luck. They are definitely having a hard time selling their shares to anyone at this point. We wait and hope a rabbit is pulled out of their asses soon. Pretty pathetic that Chan didn’t say a word about Prolog. At this point I believe they are all devilcrats.

[torn4now]

Pretty sure he was meeting with government officials today.
"The GSA/VA Schedule contract status is a Preferred Vendor Status with local, state, and federal governments from which qualified companies are considered to be responsible and reputable to these governments. According to the GSA/VA Solicitation Services, there are only .003% of companies in the United States that are GSA or VA Federal Supply Schedule Contract qualified. According to The Authority in Government Contracts the Federal Government spends over $40B exclusively with GSA/VA Schedule Contract holders on an annual basis"

[alert1100]

I guess Chan, took the day off today .He must be out with his wife for Valentines Day ,instead of the ATM ..lol ..

[Bionic Man]

Wow, really 5 years ago, and you still stuck it out knowing Chan wasn’t the man? Just think, you could have sold 5 years ago and moved on if you really believed it was a shit show….. 1 + 1 still isn’t 3

[ranchhand71]

Delusional for you to still believe and have faith in Chan . Canadian shareholders realized more than 5 years ago what he was doing.

[Lonewolf1]

The action here is

P - I - T - I - F - U - L

No other way to slice it.

[jgrant93]

I've given up hope sadly. Without mention of prolog I just don't see anything coming

[GMJDubbs]

You’re the most active/ largest shareholder here…

[ranchhand71]

There are delusional shareholders who still trust Chan and Abel to get some new account revenues. We can certainly expect Chan to issue further BS press releases while never following up on previous pumping claims.

[Witte44]

Normaly when everyone has given up on a stock, de stock price begin to climb.
But with igen ....

[Witte44]

What is happening next month ;)

[ranchhand71]

Management transparency,ethics. Shareholder friendly.timely SEC and regulatory filings.,Form 7 filings ,delivery on promotional pres releases, adding new revenue generating accounts-all disappointing failures-but then there is always next month

[tapioca]

Just amazing, not a peep about Prolog after all this time. Dead duck I guess, what waste of an investment over the past few years.

[Lonewolf1]

5 million+ sold today at .0002.

I guess Chan Man needs some pocket change for the weekend.

[alert1100]

Was that you who sold 33,000 ...lol

[alert1100]

Someone needs a six pack of beer ,they just sold 33,000 @ .0002 for $6.60 but it is beer Friday. ; )

[jgrant93]

That's what I did. And for good reason after investing here. Lol

[ScottishTexan]

mine are going to trade school.

[torn4now]

Neil G. Chan, CEO of IGEN stated, "For 2023 our priorities and focus will be to leverage our exclusive channel relationships with the Association of Credit Unions Executives of Puerto Rico (ASEC), the County Executives of America, Michigan Credit Union League Service Corporation (MCULSC), and Hyperion Partners, a Master Agent for several wireless carriers in the US. We will also aggressively protect our patents along with a comprehensive review of the insurance industry and all major insurers who are billing their customers through measurement of driver behavior and performance."

Aggressively ???? Whatever Neil. Same old trailer different park is all. No updates

[jgrant93]

I have already informed the children their college fund is gone and Christmas is canceled for the next 3 years.

[MSU]

lol

[Lonewolf1]

Chan dumping .0002s like no tomorrow.

ATM on full tilt.

THANK YOU MR. CHAN MAN!!!!👍

[alert1100]

I was hoping to hear about the merger or the r/s , but waiting for more .0002s let go Chan ...

[Lonewolf1]

If I had to guess I would say Prolog quietly walked away from this “Merger”, which never really looked like it had legs.

If the RS was to accommodate the merger then maybe no RS, though I don’t see how this keeps trading with no RS.

Unless Chan’s MMs can pump this and make it pop, I see .0001 x .0002 in the cards.

👎

[Lonewolf1]

Looks like a downtick is coming this week.

Not sure how much longer the .0002 bid can survive the sizable dumps it is seeing.

CHAN MA JUST NEVER DISAPPOINTS!

[torn4now]

"Jefferson Street Capital LLC (JSC)., along with JSC's continued support of IGEN through a previously announced $5M Equity-Line" not this JSC crap again. Was almost 2 years ago and wouldn't this indicate no merger ? Very confused and never have understood why EVERYTHING with IGEN is so cryptic. Neil is quite the artist these days. What a huge change of events.

[ranchhand71]

Another excellent postive press release with all the proper new tech terms.
Of course the proof will be if after 30 plus months they will be able to add some revenue producing accounts that generate cash....
The pending 10K, year-end annual audit statement and annual meeting proxy statement will be important additonal information .....

[sharpei]

Show me where there is any connection with IGEN re: Juan Ignacio Avila, CEO Prolog, MX!!! There is none!
Juan Ignacio Avila
2nd degree connection2nd
CTO at Prolog S.A. de C.V.
https://www.linkedin.com/in/juan-ignacio-avila-b5b06a8b/

[sharpei]

No word concerning reverse split anymore but also no word on prolog. Make it BOLD and ALL CAPS; in other words NOTHINGBURGER!!!

[JMMatthews]

in preparation for completing these key initiatives, the Company has extinguished all outstanding debt for an exchange of Preferred Series A shares with Jefferson Street Capital LLC (JSC)., along with JSC's continued support of IGEN through a previously announced $5M Equity-Line. The Company has also replaced all AWS based services with in-house infrastructure, single-sourced hardware from South Korea rather than China to mitigate supply-chain risks and secured several whole-sale airtime service packages with two major US wireless carriers thereby reducing operating costs severalfold. Combined with our Fortune 100 wireless carrier, IGEN will be positioned to become the first mover on evolving opportunities for the SME supply-chain industry as we welcome 2024 and beyond.

https://www.globenewswire.com/news-release/2024/02/05/2823349/0/en/IGEN-Achieves-Milestones-and-Provides-Updates-on-Key-Initiatives.html

IGEN $$$

[Chartmaster]

IGEN Achieves Milestones and Provides Updates on Key Initiatives

LAKE ELSINORE, Calif., Feb. 05, 2024 (GLOBE NEWSWIRE) -- via IBN – IGEN Networks Corporation (OTC: IGEN), ("IGEN" or the "Company"), a leading innovator of asset management and supply-chain solutions is pleased to provide the following update on key initiatives from its Chief Executive Officer, Neil G. Chan.

New Opportunities: given the significant challenges in the automotive industry over the last several years, we chose to focus on the opportunities within the commercial side of our business. As the supply-chain industry evolved to its new normalcy, IGEN chose to leverage our technical expertise and patents in capitalizing on the evolving opportunities in the supply-chain industry. These opportunities suggest a robust market growth of 9%-10% CAGR to $16B-$17B by 2033. It is estimated that 60% of this market is comprised of Fortune 100 companies served by 5-6 of the industry's largest system integrators – highly customized solutions. The remaining 40% are Small-to-Medium Enterprise (SME) who face a fragmented industry of specialized and costly solutions that address limited elements of the SME supply-chain requirements.

New Technologies: the opportunity for IGEN was to offer an integrated all-in-one solution that address the SME business supply-chain requirements at lower costs and on a subscription basis, in contrast to legacy systems requiring the SME to invest in capital intensive IT infrastructure. IGEN's recent announcement on Artificial Intelligence (AI) initiatives has led to the integration of multiple platforms starting with Medallion GPS PRO, IGEN's state-of-the art fleet management solution. The integration process included warehouse inventory management and maintenance of assets to deliver a complete all-in-one supply-chain solution targeted for Small-to-Medium Enterprise (SME) businesses.

New Marketing Channels: to market these innovative solutions, IGEN and a Fortune 100 wireless carrier have signed a co-marketing agreement through its Master Distributor taking effect immediately. This agreement enables the wireless carrier to brand Medallion GPS PRO and market supply-chain solutions to Small-to-Medium Enterprise across the US. This offering of supply-chain management solutions will be at significantly lower subscription rates and higher value compared to existing solutions. Medallion GPS PRO will include optional supply-chain solutions available on demand as customer requirements expand beyond the transportation of goods and services.

Improving Financial Metrics: in preparation for completing these key initiatives, the Company has extinguished all outstanding debt for an exchange of Preferred Series A shares with Jefferson Street Capital LLC (JSC)., along with JSC's continued support of IGEN through a previously announced $5M Equity-Line. The Company has also replaced all AWS based services with in-house infrastructure, single-sourced hardware from South Korea rather than China to mitigate supply-chain risks and secured several whole-sale airtime service packages with two major US wireless carriers thereby reducing operating costs severalfold. Combined with our Fortune 100 wireless carrier, IGEN will be positioned to become the first mover on evolving opportunities for the SME supply-chain industry as we welcome 2024 and beyond.

About IGEN Networks Corporation
IGEN Networks Corporation creates software services for the commercial asset management industries enabling their customers to better manage their assets and improve productivity. IGEN is a fully reporting company in the United States and publicly traded on the OTC Markets under the symbol IGEN. 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
[e-mail]
1(951)226-7142

Wire Service Contact:
IBN
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
[e-mail]

https://www.globenewswire.com/newsroom/ti?nf=OTAzMTM4MCM2MDU0MTY5IzUwMDExNjk3MA==
https://ml.globenewswire.com/media/ZDMwZWI5YmQtNDUwNy00M2NlLTk5YjQtMzhmMWMyNzA3ZTVkLTUwMDExNjk3MA==/tiny/IGEN-Networks-Corporation.png

Source: IGEN Networks Corporation

© 2024 GlobeNewswire, Inc.
https://www.otcmarkets.com/stock/IGEN/news/story?e&id=2757578

[Lonewolf1]

Notice there is no time frame for anything and nothing on the progress of the merger or RS update.

They mention the AI initiative from a while back, but again nothing concrete on when or how.

THANK YOU MR. CHAN MAN!

[Bionic Man]

Really nothing new on anything we haven’t already been told.

[reindlll]

No word concerning reverse split anymore but also no word on prolog.

[reindlll]

IGEN Achieves Milestones and provides updates on Key Initiatives
February 05 2024 - 06:00AM
InvestorsHub NewsWire
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IGEN Achieves Milestones and provides updates on Key Initiatives



Lake Elsinore, CA -- February 5, 2024 -- InvestorsHub NewsWire -- IGEN Networks Corporation (OTC: IGEN), ("IGEN" or the "Company"), a leading innovator of asset management and supply-chain solutions is pleased to provide the following update on key initiatives from its Chief Executive Officer, Neil G. Chan.



New Opportunities: given the significant challenges in the automotive industry over the last several years, we chose to focus on the opportunities within the commercial side of our business. As the supply-chain industry evolved to its new normalcy, IGEN chose to leverage our technical expertise and patents in capitalizing on the evolving opportunities in the supply-chain industry. These opportunities suggest a robust market growth of 9%-10% CAGR to $16B-$17B by 2033. It is estimated that 60% of this market is comprised of Fortune 100 companies served by 5-6 of the industry's largest system integrators – highly customized solutions. The remaining 40% are Small-to-Medium Enterprise (SME) who face a fragmented industry of specialized and costly solutions that address limited elements of the SME supply-chain requirements.



New Technologies: the opportunity for IGEN was to offer an integrated all-in-one solution that address the SME business supply-chain requirements at lower costs and on a subscription basis, in contrast to legacy systems requiring the SME to invest in capital intensive IT infrastructure. IGEN's recent announcement on Artificial Intelligence (AI) initiatives has led to the integration of multiple platforms starting with Medallion GPS PRO, IGEN's state-of-the art fleet management solution. The integration process included warehouse inventory management and maintenance of assets to deliver a complete all-in-one supply-chain solution targeted for Small-to-Medium Enterprise (SME) businesses.



New Marketing Channels: to market these innovative solutions, IGEN and a Fortune 100 wireless carrier have signed a co-marketing agreement through its Master Distributor taking effect immediately. This agreement enables the wireless carrier to brand Medallion GPS PRO and market supply-chain solutions to Small-to-Medium Enterprise across the US. This offering of supply-chain management solutions will be at significantly lower subscription rates and higher value compared to existing solutions. Medallion GPS PRO will include optional supply-chain solutions available on demand as customer requirements expand beyond the transportation of goods and services.



Improving Financial Metrics: in preparation for completing these key initiatives, the Company has extinguished all outstanding debt for an exchange of Preferred Series A shares with Jefferson Street Capital LLC (JSC)., along with JSC's continued support of IGEN through a previously announced $5M Equity-Line. The Company has also replaced all AWS based services with in-house infrastructure, single-sourced hardware from South Korea rather than China to mitigate supply-chain risks and secured several whole-sale airtime service packages with two major US wireless carriers thereby reducing operating costs severalfold. Combined with our Fortune 100 wireless carrier, IGEN will be positioned to become the first mover on evolving opportunities for the SME supply-chain industry as we welcome 2024 and beyond.







About IGEN Networks Corporation

IGEN Networks Corporation creates software services for the commercial asset management industries enabling their customers to better manage their assets and improve productivity. IGEN is a fully reporting company in the United States and publicly traded on the OTC Markets under the symbol IGEN. For more information, please visit: www.igennetworks.net

[tapioca]

Where the hell is the “merger”, the split,,, and Chan??
Damn, here we go with another year of nadda…

[sharpei]

RSI @ 51; Dbl bottom Ch Oscillator; PSar support since November '23.

[ranchhand71]

Almost a year since:
https://finance.yahoo.com/news/igen-networks-corp-prolog-execute-145339105.html

[Lonewolf1]

Whurs Chan, Durrrr????

[Lonewolf1]

Every trade today is a dump at .0002.

They may downtick this yet at this rate.

Those who want .0002s may not have long to wait.

[ranchhand71]

Maybe he avoids litigation or class action lawsuit process servet

[papi2856]

LW1...STHU!! Always misleading people.

[tapioca]

The one positive I can see, but only regarding sp, is that the bid is larger than the ask, which for a very long time wasn’t the case.
That’s about it, :-/

[Lonewolf1]

I don’t expect this “merger” to amount to anything.

My guess is we simply never hear about it again - this would be VINTAGE CHAN.

Getting kicked off the Canadian Exchange May have been the “kiss of death”.

[ranchhand71]

A long list of innuendos, pr releases and expectations BUT with no new revenue producing nor referenceable new accounts added in over 30 months and a horrible balance sheet scaring off prospective government bureaucracy he has an almost impossible task.Doubt that any management changes nor additions will happen with such an insider Board. They no longer g file Form 7s so any near term transparency is gone.
Then again there is always ..next month…next press release

[Sgt T]

lol!

[MSU]

Now wait a minute, Tonya is a buyer and has a strong buy rating after the reverse split.

[Lonewolf1]

If there was even the tiniest bit of interest in buying (at least.0003), IGEN would have moved ages ago. It has nothing to do with “they” not wanting it to move.

There are simply no buyers - not even at these levels.

And Chan Man?

Radio Silence

[torn4now]

Maybe if Neil would follow thru on just one of his pipe dreams he made public (4/22) wouldn't have to deal with OTC right ?
"IGEN will continue to increase its stockholder equity in preparation for up-listing opportunities for both the Canadian and US securities markets" Oh well maybe next month -- fingers crossed