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iGen Networks Corp (PK)

iGen Networks Corp (PK) (IGEN)

0.00025
0.00
(0.00%)
Closed February 29 04:00PM

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IGEN News

Official News Only

IGEN Discussion

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Lonewolf1 Lonewolf1 12 hours ago
Whurs Chan, Durrrr????
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MSU MSU 13 hours ago
Tonya still has a buy recommendation on this at .0001
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Lonewolf1 Lonewolf1 1 day ago
They have to do it if they want to wipe out yet another generation of investors.

That will make at least three generations, I believe…..

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Lonewolf1 Lonewolf1 1 day ago
This is “vintage Chan Man”

Out to lunch for four+ years.

Nobody will take a flier at .0003 - too expensive!
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tapioca tapioca 3 days ago
No thanks
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MSU MSU 3 days ago
He probably changed his mind and wants to raid the ATM machine another year lol
With no Revenue that means you are his only source for cash.
AVERAGE DOWN PLEASE and continue to feed his ATM
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tapioca tapioca 3 days ago
How can Chan just continue on, like it’s business as usual and not ever mention prolog and r/s like it never even existed.
Just amazing how he’s ignored shareholders.
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ranchhand71 ranchhand71 3 days ago
=lack of management honesty/transparency again
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Witte44 Witte44 4 days ago
No Prolog = no RS
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BurgerKing82 BurgerKing82 4 days ago
So there hasn't actually been a filing for a RS yet?....It's not the greatest ss but I don't see why they have to do one
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tapioca tapioca 6 days ago
Yea the bar has gotten pretty low here..
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ranchhand71 ranchhand71 6 days ago
Tom Cruise “ show us the money “ Why no new account revenues in over three years?? Who are the fools?
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jgrant93 jgrant93 1 week ago
Hey at least we're seeing some buy volume at 0003
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tapioca tapioca 1 week ago
3’s are thin but no one cares.
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Bionic Man Bionic Man 1 week ago
Where’s the BEEF?
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jgrant93 jgrant93 1 week ago
Where's the voluuuume
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MSU MSU 1 week ago
lol. Tonya is this you?
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JusDePomme JusDePomme 2 weeks ago
I notice a r.s filing in da work. I got hit r.s many times on other plays buying blindly. So new buyers need to do dd before buying here. Go through r.s is a painful way holding because pps deteriorated after. Gl
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jgrant93 jgrant93 2 weeks ago
Wonder how much longer this saga is going to past though. I'm getting quite tired here.
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jgrant93 jgrant93 2 weeks ago
Will need a 20 day notice before the RS anyways
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ranchhand71 ranchhand71 2 weeks ago
When in the past 40 months has any of his press releases been followed by any new account revenues? Mostly followed by dilution and shareholder disappointment. Of course next month could be different…..
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JMMatthews JMMatthews 2 weeks ago
Interesting volume spike, similar to the one last month. Also plenty of large double prints on the trade tape so some of this volume may have been short covering in advance of the RS



https://ih.advfn.com/stock-market/USOTC/igen-networks-pk-IGEN/trades

IGEN $$$
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jgrant93 jgrant93 2 weeks ago
Canadians care not foe your presidents day.

As an aside I edited the post because originally I said tomorrow instead of Monday not realizing it was Friday.

So I still got fucked. Nice.
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sharpei sharpei 2 weeks ago
$IGEN... but no one believed @chartzup! Today! Friday! February 16! The RSI closed @62.5!
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nunaka nunaka 2 weeks ago
I expect zero volume... Market is closed on Presidents Day.
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Chartmaster Chartmaster 2 weeks ago
Nope, it's been happening alot recently, many many tickers seeing huge vol and price moves just 2-6 weeks after the volume scout day appears, like here on 1/16
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Chartmaster Chartmaster 2 weeks ago
Today was first time the price bar was completely over the 50 day MA since 3/2/23 when pps was 16, and with volume like that it is very telling imo
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jgrant93 jgrant93 2 weeks ago
Sounds like hocus pocus to me. I expect 3 million volume Monday.
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torn4now torn4now 2 weeks ago
Ok you have me intrigued for sure...god I hope you're right man. I admire your enthusiasm regarding IGEN. GLTU
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Lonewolf1 Lonewolf1 2 weeks ago
Somebody bought nearly 19 million at .0003 this morning, and there was massive accumulation of .0003s before and after that.

No complaints here, since I was beginning to wonder if we would ever see an uptick again.
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GMJDubbs GMJDubbs 2 weeks ago
Interesting way of putting it. Least it’s a positive spin on things for a change. I’ll take it , take anything here really. Yay. Ha.
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Chartmaster Chartmaster 2 weeks ago
Exactly! Same volume as 1/16, you see the 1/16 was the "Volume Scout" now comes the "Volume Army", it's something I have been recently pointing out, it's Volume B4 price but with more specifics....after the volume scout day expect a massive rally in 2-6 weeks after you see the volume scout! Scout is right on time here to alert the Army, now the Volume Army invades this ticker, it's simple Warfare! Lol!
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torn4now torn4now 2 weeks ago
Give it a rest dude. Same volume - exactly a month ago (1/16) and in between numbnuts releases this earth shattering milestone update lmao
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Bionic Man Bionic Man 2 weeks ago
Wow, nice volume…. I wonder what’s going on.
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GMJDubbs GMJDubbs 2 weeks ago
3s are done?
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jgrant93 jgrant93 2 weeks ago
I'll wait until we break 001 to even comment something positive.
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Chartmaster Chartmaster 2 weeks ago
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
info@igennetworks.net
1(951)226-7142

Wire Service Contact:
IBN
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
Editor@InvestorBrandNetwork.com

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
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Chartmaster Chartmaster 2 weeks ago
Unrestricted OS 2,940,708,658 02/12/2024
https://www.otcmarkets.com/stock/IGEN/security
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Chartmaster Chartmaster 2 weeks ago
Agreed, I just added 3mill 3's
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Strukture Strukture 2 weeks ago
IGEN Looks like this wants to pop
consolidated bottom getting volume w/ decent SS too recent news 2 weeks ago also pink current and verified
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Chartmaster Chartmaster 2 weeks ago
Volume here says breakout coming imo!
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GMJDubbs GMJDubbs 2 weeks ago
Let’s not all cheer at once here….
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Bionic Man Bionic Man 2 weeks ago
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.
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torn4now torn4now 2 weeks ago
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"
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alert1100 alert1100 2 weeks ago
I guess Chan, took the day off today .He must be out with his wife for Valentines Day ,instead of the ATM ..lol ..
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Bionic Man Bionic Man 2 weeks ago
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
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ranchhand71 ranchhand71 2 weeks ago
Delusional for you to still believe and have faith in Chan . Canadian shareholders realized more than 5 years ago what he was doing.
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Lonewolf1 Lonewolf1 2 weeks ago
The action here is

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

No other way to slice it.
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jgrant93 jgrant93 2 weeks ago
I've given up hope sadly. Without mention of prolog I just don't see anything coming
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GMJDubbs GMJDubbs 2 weeks ago
You’re the most active/ largest shareholder here…
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