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This is all great news, pxxpy. I wanted to thank ET for his comment, but first had to look up Prolog to learn why this news is so encouraging:
"Proven Innovation
prolog-logo-med.pngProLog, Inc. is an award winning government services company specializing in Integrated Logistics and Systems Engineering. We effectively communicate with our clients creating solutions to their unique contracting needs. We keep costs low to remain competitive and pass those savings on to the customer.
Our clients include Military and Federal Agencies requiring support from a veteran owned and proven successful company. ProLog emphasizes value and a strong work ethic from a workforce dominated by veterans. Our clients speak highly of our ability to provide services that meet their demands and exceed their expectations."
I think I see the hands of CEA in this announcement; they are truly very supportive of iGen Networks Corporation. What a great partnership-both with Prolog, but CEA especially!!!
Now we know why Abel was moved up. This greatly expands IGEN maneuverability and should churn some activity…we will see. Got some at the bottom but not all.
A lot of nice buys today. If it weren’t for the market dumps that are constantly intentionally bringing us down we would get some traction. The company continues to push through the many obstacles that come up, Covid, chip shortages, and bear markets. Chan and Abel continue to work behind the scenes getting deals put together. If you’ve been paying attention, Positioning Universal has been growing substantially and with them being our supplier, they may be getting ready for a big government contract fulfillment. Let’s hope to see more progress soon!
$IGEN
Yes, k_w the picture is so much brighter today; am so grateful to see this. Hopefully everyone got the cheap shares and will have 'their day'. The IGEN shareholders deserve to be rewarded!!!
All the best to you, Longs!
"I think all should recognize that Abel could bring the people to the table with his connections but it takes Chan, the technolgiest, to close the deal." Well put!
And back down to .0014 by EOW.
Looks like your question of 'What is the problem' was answer, the product wasn't marketable on its own. Early last year Chan mentioned GPS Medallion was being upgraded at the request of the counties to include supporting inventory. I thought he had done that rather fast (its a very large complicated problem to tackle).
This deal is probably why Abel was promoted (its Latin American based). What a win win for both companies. IGEN gets much needed capabilities (we don't know the details yet so not sure about funding...suspect not) and Prolog gets a path into the U.S markets and more important government contracts.
I think all should recognize that Abel could bring the people to the table with his connections but it takes Chan, the technolgiest, to close the deal.
Let's break that .0020 wall we sail ..
This thing will break a penny in a day or two if it gets any kind of real buying pressure
Fantastic PR, it looks like we are finally on our way $$$$
The real beauty about this PR is it’s the last one that the manipulators will be able to hold this stock down!
Next PR brings an explosive freedom…Launch time is nearer then you can hope for!!!
WOW!!! Time and Sales (think or swim) just exploded this AM! 5.7M out the gate! 7:32 MT
What makes this partnership key, is that I was always worried about how our tiny company would be able to logistically handle large contracts…I believe this partnership may address that exact issue :)
IGEN and Prolog announces Integration of Products and Services for US Government and Commercial Fleet Markets
Lake Elsinore, CA, Nov. 15, 2022 (GLOBE NEWSWIRE) -- IGEN Networks Corporation (OTC: IGEN) (CSE: IGN), a leading innovator of Internet of Things (IoT) solutions for the consumer automotive and commercial fleet industries, today announced the exclusive partnership with Prolog, a global provider of supply chain and logistics solutions and services. IGEN and Prolog have established this partnership to integrate their commercial products and services to address the broader technology and solutions requirements of US Counties and the Federal Government.
Neil G. Chan, CEO of IGEN stated, "With both the County Executive of America (CEA) exclusive endorsement and our GSA/VA Schedule contract status that includes Pennsylvania, Michigan, New York City, New York State, Tennessee, and California, we have recognized that the Counties may require additional solutions to manage logistics and supply chain challenges inherent within large government organizations. Prolog, which has worked with the principles of IGEN over the past 10 years, is a global leader and provider of logistics and supply-chain management solutions to over 1200 clients, 80 distribution centers and warehouses, with over 250,000 commercial vehicles under management. Our exclusive partnership with Prolog now makes IGEN uniquely qualified to provide a full range of IoT solutions and services to our government and commercial fleet customers."
Juan Ignacio Avila, CEO of Prolog stated, "We are excited with the opportunities of this partnership with IGEN. Prolog has proven its leadership in providing comprehensive logistics, supply-chain, maintenance, and management solutions to some of the largest and most complex organizations in Mexico, Spain, and Central America. The partnership with IGEN will enable Prolog to apply its technology expertise and experiences to the US markets along with participating in the growth of our businesses together."
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 drivers. 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
About Prolog
Prolog is a technology development and logistics consulting company with over 25 years of experience in the development of supply-chain, logistics, telematics, and asset management solutions. Prolog operates in Mexico, Spain, and Central America with more than 1200 clients, 80 distribution centers, and 250,000 vehicles utilizing its asset management platforms. For more information, please visit: www.prolog.com.mx
https://www.globenewswire.com/news-release/2022/11/15/2555852/0/en/IGEN-and-Prolog-announces-Integration-of-Products-and-Services-for-US-Government-and-Commercial-Fleet-Markets.html
IGEN $$$
I'm afraid my words were not taken as intended-just that the shareholders that were the strongest proponents who previously touted were far less visible...
buy more today. You know we talked about this. :)
Sarge, if you're a pumper you're doing a terrible job and should be fired. Also, if anyone is long, you would welcome someone speaking positive sentiment.
If not you A..bought all in early and are now underwater, growing impatient, and lashing out immaturity or B...you have short interest
I agree. Has the feeling of opening up a big door to new business
This deal with Prolog may be just what we needed.
I like this announcement more than any of our others. It's kind of like teaming up with mark wells company.
50 to 200 employees on linked in it states. 250000 vehicles...
Seems like a great move for igen to partner with. Production ramping up.
IGEN announced partnership with Prolog. Seems like a very good thing.
It’s funny to me that the same ones who always bash are now calling me a pumper. No one as far as I can tell has “pumped” here for a long time and I never have. Dilution is ongoing and only a fool would expect anything great to happen while we are doing that. The ticker is being held down by many and won’t move until Chan is ready for it to move. He has to end dilution and put meat on the bone. I haven’t given up on him, but I realize we go no where until he’s ready. To many unanswered questions here. These wall street clowns posing as “Canadians” and long holders make me sick. Some of these guys are demon possessed and need Jesus. Money and power is their God.
No —the one to be published for 2022. Might be held up beyond February but will get published.
The same accountant report and publisher report that's copy paste into every otc ticker?
Why are you so sure—look at the balance sheet. Expect a rude awakening when year end annual report and accountant’s report is publish. Respectfully-you are not looking at the financial details. Sure buy more shares on the way down , follow SGT hype and opine on trading volume/pattern but do not justify because of their credit!!
Horrible credit-deficit balance sheet-cash to last how long?
Chan May have good credit but the company??
I'm sure chan and co have good credit.
The company isnt in debt my good man.
Could it be concerns over current credit reports that most purchase agents would do routinely before a new vendor relationship can start??!!!
And again... 45k in q1 90k in q2 and then 135k in q3 is solid growth.
Lots more play left for this stock. If I were just finding it now I'd be quite excited.
Just because there is nothing yet doesnt mean there wont be ever.
Patience, they will be back ..mark this post
.0012 have mercy.
Yes buy, but do not forget to stop buying at 0000.00
repost kayak_wench November 03, 2022:
"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."
Dear kayak: Imo you have the keenest mind on this board. We know who has the answers.
What of the patent? Why does the CEO choose to withhold the valuation from shareholders?
Why does he withhold so many answers-like where are the weaknesses in procuring signed contracts from the multitudinous contacts he has made at conferences?
He's used 'carrots' like 'gamechanger' how many times when addressing shareholders...Why? Is it his intent to deceive?
Where are the contracts? The original patent issue was June 2021-nothing in the wind since (with exception of additions that allow accomodations for larger trucks.)
The weight of the questions is outweighing the perceived value of this stock...(The two biggest proponents BionicMan and SgtT no longer charge at naysayers...We are all asking the same questions now....... :(
Why have all the monumental opportunities gone up in smoke, ,,,,and where are all the pumps?
Is it the product?
Is it the marketing, (or lack thereof?)
Is it the pitchman?
Something, or someone is responsible.
Unfortunately no --- not this year. With a kickass 10K possibly but that ship has come and gone. What is also gone are the days of OTC stocks just running as soon as dilution stops. Anyway just my opinion but it's gonna take a real juicy announcement to reverse this awful downtrend into a sustained reversal. I'm still waiting for USAA to save us all LOL
The MM that in most cases mean dilutiin
CFGN B 12. A 15. 10000
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