iGen Networks Corp (IGEN)

[reindlll]

Thanks

[sharpei]

CFGN B 12. A 15. 10000

[reindlll]

Someone with L2 here? Is CFGN on L2?

[jgrant93]

Just checking.

[tapioca]

This isn't a reversal.

[sharpei]

$IGEN 10Y Monthly:

[sharpei]

,,, a reminder:

IGEN is heading to REACH 2021 at the Marriott in Palm Springs November 1st through 4th! CU Trak will be representing IGEN, sponsoring the Welcome Reception & concert featuring
@TylerRichMusic and
@temecularoad, held the night of the 2nd! #REACH2021 $IGEN #CUTrak #CreditUnionsCare
1:05 PM · Oct 26, 2021.


IGEN Networks Corp.
@IGENngc
Nimbo Tracking is in Las Vegas this week at the AE Agent Summit! Come by our booth and get some cool swag, grab some literature, and have a chat with us about how we can improve your dealership's asset protection. Visit us online at http://nimbotracking.com as well!

August 30, 2021

NACO Conference, Colorado
https://www.naco.org/events/2022-naco-annual-conference

Was there one contract signed from any?

Yet:
"IGEN Networks Corp.
@IGENngc
Big things happening at IGEN Networks. Come have a look for yourself here: http://ow.ly/G8IM50Kc7T2
#IoT $IGEN #Q2 #Trending #twitter #GoodNews"
August 5, 2022

[reindlll]

OS went up by about 80 million shares and the restricted share count went up by 20 million
https://www.otcmarkets.com/stock/IGEN/security
--> So in my opinion the whole S-1 has to be consummated.

[reindlll]

Might be as I think all the 200 mil from recent S-1 were diluted already.

[jgrant93]

Anyone else feeling good about reversal here ?

[jgrant93]

Someone bought 8 million shares at 0014 today... and we saw pretty good volume past week or so.

Reversal might be in off that 0012 low.

[alert1100]

Buy

[reindlll]

Well friday is here and it's not a good one.

[jgrant93]

Just the market is tired of lending igen money by the looks if it. The share price isn't reflecting what direction igen is heading in the past 6 months but rather where they have been going the past 3 years.

If they keep improving the company the share price will follow. Good time to be buying.

[torn4now]

Yep and it was another great "feather in the cap" no doubt. Approaching a year from that announcement and IGEN is 5 ticks away from trips. What the hell is it gonna take to reverse this downtrend guys ???? Would like to hear thoughts from the true longs besides the fact revenues are improving --- partnerships are being established blah blah blah. None of this has done shit in 2021 & 2022 towards the PPS.

[Eddie T]

Absolutely

[Sgt T]

Exactly right Ping. Thanks for posting Brother.

[Ping70]

This news was on 2/01/22: IGEN Networks and CEA extend partnership for three years.

CEA signed an extension with IGEN for another 3 years. That will be a total of 5 years of a partnership with IGEN. First year isn't even completed and some are saying it's been a failure. Why would CEA sign a 3 year extenstion? Why not sign a 1 year deal? Becasue CEA is committed to IGEN. In a few years we will know if it's been a failure or not.

$IGEN

[sharpei]

Good point.

[ranchhand71]

Product specs might not be the real issue. Anyone doing a credit check on IGEn as part of qualifying a vendor might well be shocked and turned off by current financial balance sheet situation. Municipal purchasing agents are typicall quite risk adverse

[sharpei]

I have to disagree on the following: "If" Chan had the talent of a 'salesman', he would have taken your points into consideration and been fully prepared to challenge each one; if CEA believes the product and all that it offers is a value, Chan wouldn't have been invited to NACO in the first place.
Are the endorsements of GSA/VA 'preferred vendor' award...another major govt-backed support-and then the NY counties' purchase along with CEA and sign-up bonuses not enough? I think they are; just need to 'BE SOLD".
PS: I've seen nothing to indicate that the #FS campaign was anything but a marketing disaster.
The buck stops with Chan.
I hold all my shares; am not selling.

[jgrant93]

No reason to sell here with things improving over the past 6 months. The share price is reflective of the market being tired as shareholders at lending igen money.

So its go time now for management to get this shit done.

[kayak_wench]

Yes, we definitely have good reason to believe something could break our way. Not a time to sell!

[kayak_wench]

I think they said at some point not long ago that between 50% and 70% of Nimbo Tracking and CUTrack devices get turned on. That is a high percentage so I think going with 50% is the best bet, and may be overly optimistic.

[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 !