iGen Networks Corp (IGEN)

[alert1100]

My prediction for Monday open 0.0013 ...

[sharpei]

It's hard to imagine, I know; but, let's see what the first of the week brings...

[reindlll]

So right. You still have all your shares?

[Bionic Man]

Not with Chan’s heavy hand on the dilution button.

[sharpei]

$IGEN 6M: Calling 'the bottom' here:

[MSU]

That is not all that they filled. :)

[Sgt T]

Same here brother!

[Bionic Man]

If we see trips after the first of the year, I’m going to load the dog shit out of this and make sure I own more than Chan, and do a hostel takeover….. lol.

[nunaka]

Since I added 2 mil @ .0015... 540K yesterday and the rest today, it likely will drop like a rock.

[jgrant93]

Revenues increasing 100 percent and 50 percent quarter to quarter. Deals and announcements and inventory moving.

The share price seems like an opportunity to me now more than ever.

Unless you believe the company is going to declare bankruptcy or reverse split for no reason it seems like a good buy at this market cap.

The growth in the past 6 months is a reversal in financials spanning 2 years

[jgrant93]

In reality the fundamentals are actually improving.

[sharpei]

We could be done. +DMI is at 5.47; 10 is OS; closing candle is a spinning top. "However, when a spinning top is at the base of a downtrend, it is a sign that the bearish is losing control, and the bullish may take control."

[torn4now]

Guess it's next Friday for trips or maybe Friday after that LOL

[Randy1111]

I think the Rabbit died years ago.

[sharpei]

Selling the patent would be the most expedient method perhaps to get SH money back out; but, Chan isn't about to do that.
I think we have 'hoped' for the past two years as price has dropped that Chan was going to pull a 'rabbit out of a hat' and price would soar...and we'd all go home happy.
But, it's not looking promising at this juncture that that will happen....
As someone once said that in trading, "Hope" is not a winning strategy.

[alert1100]

Never thought it drop this low ,like going back in time :(

[reindlll]

Thats the result of dilution without support

[ranchhand71]

Maybe time to replace the jockey and put Able in the saddle?!

[sharpei]

There you go! So much for .0015!

[alert1100]

Wow Damn they filled my 150 k

[alert1100]

If they don't fill my 150 k @ .0015 that a good sign ,but it's still earley

[JMMatthews]

lol there's gotta be a bottom here somewhere right?

IGEN $$$

[alert1100]

This is like watching a horse race and your horse comes in last ....

[alert1100]

No Santa for you lol ...

[alert1100]

Bring it on 13s ...

[MSU]

Come on 13’s

[MSU]

OMG we are on cardiac arrest and flatlining.

[alert1100]

Bids in 150K # 15

[alert1100]

There's my 15s putting my buy order in

[jgrant93]

Hmm. They're really gutting this bad boy.

[alert1100]

_________/\ ______/\ _____________________.0.0001

[sharpei]

You're very welcome, k_w. IGEN's performance has certainly been a disappointment as has 'Chan's' management. He should stick to private ownership.

[MSU]

Get you some 13’s late afternoon today. Remember it is payday. :). Payroll has to be met.

[kayak_wench]

Thanks for the chart Sharpei! Interesting that bottom price was just last year it looks like, just before they got on the government vendor approved list. I never would of dreamed that we would be back here. They don't need much revenue to become profitable but it sure is difficult for them to bring it in. I'm beginning to think our best bet is to sell the patent.

[alert1100]

I'm on the sidelines. .

[alert1100]

You start it off and test the waters ...

[reindlll]

That term is loosing effect the more often you hear it.

[jgrant93]

It's time to load. For real this time.

[reindlll]

For sure

[alert1100]

I'm betting on 15s today .....

[sharpei]

BTW, the chart used is 'Barchart' not ToS, as ToS charting is smaller and less useful for display purposes.

[sharpei]

Attempting to view the bottom of a green candle three years prior on a ToS chart with these old eyes is no different from trying to catch a herd of cats-but, this is what we can know...
As best as I could detect, .0015 could well be the bottom of a tall, green candle (*1); the Fibonacci looks quite ideal 16.2 (*2); the last candle was a graveston doji (*3); and the arc of the drop into .0015 was as close to a vertical as you could expect (*4); the PSar shows the longest, most extended downtrend 8/31/22 to the present (*5); and finally, I was able to connect all the long 'tails' from a year ago to .0015 doji tail in a straight line.
And finally, we see the large volume bar which could mean a trend change.


* A gravestone doji is a bearish pattern that suggests a reversal followed by a downtrend in the price action. - Investopedia.
In summation, IDK...it could be .0015 but we all will have to wait and see together.

[kayak_wench]

Sharpei would be the best person to ask. Back in late Aug they called 0.0015 as a possible new low and hinted at an even lower number (see post 70907)

[The Libertarian]

How low do we go? ??

[kayak_wench]

A tweet with no new news whose purpose seems to be excite investors is usually related to dilution in OTC land. If the tweet were saying installations of CUTrack in Puerto Rico will begin this year, that would have been news. This is just rehashing the PR from Oct 24. I'm bracing myself for tomorrow. I'm thinking we might hit another 52 week low.

On the plus side I am wrong a lot, hopefully this is one of those instances.

[sharpei]

$IGEN: “Puerto Rico Credit Unions have received $3.2M of CDFI funding thus far in 2022 for technical services and technologies."

Puerto Rico Credit Unions have received $3.2M of CDFI funding thus far in 2022 for technical services and technologies ….CU TRAK here we come!!

— IGEN Networks Corp. (@IGENngc) November 3, 2022

[Sgt T]

Nice! Abel to the rescue!

[Eddie T]

Interesting tweet from IGENs Twitter acct:
“Puerto Rico Credit Unions have received $3.2M of CDFI funding thus far in 2022 for technical services and technologies ….CU TRAK here we come!!”

[AC777]

Is it tomorrow or next Friday?

…I’m so excited, I’m not sure!

Guess we will have to wait an see…Good Friday!

[MSU]

Have Mercy!!