IGEN Networks Corp (IGN) News

Gone are the days when people were singing the praises about their saviour Neil Chan . Turns out he was always the hack I said he was quite a few years ago. I fell for his qualifications from Motorola way back in the day and invested in IGEN at its beginning. He will rinse and repeat I am sure one day leaving new investors in his wake. He’s nothing but a clown running a clown show that only he and maybe a select other clowns can win.

I see Chan ran this into the ground.

Chan LOL

Well, I agree it doesn’t seem likely, but Sarge did “disappear” about the same time reporting ended and folks were left more in the dark than ever - and that’s not easy to do. LOL

lol I seriously doubt they're the same person. My guess is Chan wasn't able to accomplish anything of value, and is perhaps letting this die, but wasn't necessarily out to scam us all along as some claim here. The OS hasn't changed since November 2023. The 10-1 reverse split hasn't happened. If he was just selling shares all along, why wouldn't he keep that gig going? Is there an outside chance the new accountant gets this current again? I'm not betting on it but so long as this isn't Expert Market, that could still happen

SEC 144 filing would/will show if Chan ( SGT) is out or still a shareholder….

Headache ... ; )

What do you think lol

I would not dump until December. December it will probably be zero, but what the hell.

Should I stick a fork in this ...

The .0001 bid should be toast by next Wednesday, at this rate. That is unless Chan tells his MMs to ease up.

THANK YOU MR. CHAN MAN!!!

Msu I thought we were good here. Should I dump please advise

What have you learned from this?

Was that you I saw today in Cancun?
Or was it Sarge?
Get you some 1’s

I think I saw him this week in Cancun. His prayers were answered. lol

The scam will likely continue running until the ‘ol “no bid”.

You have to hand it to Chan - he really milked this one ROYALLY.

What will next eventual filing show ? Has Board resigned? Did they dump their shares? Has Chan run back to Canada? Or could one of the press releases come true and they get some revenues? Will the new accounting firm get paid and get caught up? Will some one make a documentary about it the Chan con man?

You can't even find thé tikker anymore on StockCharts. Great volume today...

Yeah IGEN's "highly respectible" Board of Directors can all rot in hell. Some were spot on "they know what they are doing" when defending them the past several years. Anyway whomever is still buying this shit needs their head examined. It's been an entertaining 4 years following this board thanks to all that are left posting. Take care everyone.

Guess Sgt just didn’t pray hard enough..Lol.

It looks like it will be PURE DUMPING from here on in as they wear down the .0001 bid.

Already there were 23 million+ dumps at .0001 so far today.

At this rate we will be “no bid” within a week.

If you ask me Chan is already gone from IGEN.

I agree with this assessment.

I had the same experience with RMRK and CVIS.

Both these tickers were dead as Disco for years. RMRK about 3 years and CVIS over 5 years. I made 11k with RMRK when it “woke up” and 22k with CVIS just for being patient.

This is the only hope for IGEN imho. It will have nothing to do with anything they planned to date and Chan will be LONG GONE. And yes, it could take years….

Bionic you never know ,but I agree with you it does happens some times .also one time I was in a Canadian phone company and was going bankrupt .I had $5,000 in and and the news hit ,I was looking for an exit it started moving up so I sold and made 5,000 ,but right after I sold it shot up if I stay another day I would of make $50,000;. I also had lot that went belly up to . Roll of the dice ... Gl

Well, I’ve been in some where once about 15 years ago I bought some .0001’s, the company was dead just like this one, I had Scottrade at the time with just my junk OTC’s in it and my Fidelity had all my big board stocks in it. It must have been at least 2 years since I logged onto the scottrade account, and when I did, the one .0001 stock I had, which I only had $1800 invested was now worth $23,000. I couldn’t hit the sell button fast enough and walk away. IGEN will probably be another, From shit to gold…. Just gotta give it enough time. Could take another year or 5 to run.

Someone got some 2s today

Authorized Shares
3,490,000,000
06/03/2024
Outstanding Shares
3,234,606,010
06/03/2024
Restricted
293,897,352
06/03/2024
Unrestricted
2,940,708,658
06/03/2024
Held at DTC
2,874,027,885
06/03/2024
Float
1,122,419,797
03/18/2021

I want some 2s

Chan dumped another 10 million or so today.

Guess he needs to go to the grocery store.

LOL

I've been in the shell companys had nothing but an empty warehouse going on zilchand ,and sprung and I sprang .$$ So you never know in OtC world .. ; )

Tell em Tonya. Keep averaging down.

I'm not naive,it's a penny stock be patient .

No new accounts no new revenues no positive follow up on the bs public press releases-you are naive to keep believing the con man IMHO

did you read the 8K , sounds like they have acquired a new accountant on May 8 .

Is it possible part of problem is trying to get an accounting firm to do business with them given balance sheet and lack of revenues?

I wished you had told us to not buy this. Tonya even continues to average down. Such a sad story.
Who got all the money?

It is as I’ve been fearing for a few years now.

IGEN is just an elaborate share-selling scheme where Chan was a necessary part of the scam. He lent his name for a long time and pretended to make announcements and plans which at first, worked quite well. But as the years passed and ABSOLUTELY NOTHING ever materialized, the pumps were less and less effective. Now they stopped pumping (and reporting) altogether, and the price reflects the value Mr. Market had put on IGEN.

Your guess is as good as mine. At the time of the news and following it, I believed Chan would get things done, but obviously it doesn't appear that way and with the profound silence from the CEO one can reasonably assume the worst

soooo--what ever happened with this? No new client account revenues so far.. No follow up annoucements.. Was this just more PR BS??

Sorry—do not understand your question.
Good luck

Are you beginning to catch on lol?

Apparently no one in the office??? Have they ceased operations at this location??? No cars in the lot?? No sec filings? Nothing from new accountants. No new orders? Dead as a dodo

lol

Is there an ATM machine in the office?

Is anyone still in the office?

You are acting like these folks still report.

Chan gave up on reporting on time a while back, and now he gave up on reporting period, it seems.

Isn´t the 10Q also due tomorrow?

Chan, I’m afraid, has already done that and has been doing it for the last four+ years.

Second time accounting firm replaced during the past 5 years??? Never a good sign no matter how they spin it. At next filing of balance sheet pay attention to balance sheet deficit ( greater than market capitalization of entire company?!) and “on going business “ clause. Now three years since any new account added revenues?

MARS TO EARTH WE HAVE LIFE

Yes we're in this to win ,,go IGEN...

Average on down Tonya.