$IGEN i asked AI if they are still in business and making money. This is what i got
IGEN Networks Corp. is still an active company, operating under the ticker symbol IGEN on the OTC Pink Sheets. Their market capitalization is around $3.2k, with a share price of $0.0001. The company has been involved in developing and marketing software services for the automotive industry, focusing on vehicle tracking and recovery solutions. ¹ ² ³
As for their financial performance, IGEN Networks has reported revenues, but they've also been operating at a loss. In 2022, their revenue was $318,016, with a net loss of $1.16 million. Their trailing twelve-month revenue as of September 2023 was $180K, with a net income loss of $1.315 million.
It's worth noting that IGEN Networks has secured funding and partnerships, including a $5 million equity-line financing agreement in 2022. They've also expanded their services and partnerships, such as their work with County Executives of America and Sprint.
$IGEN seems like The Igen website has the same verbage as Tcman… a european supply chain company https://tcman.com looks like igen has a partnership with Tcman through Prolog.
$IGEN we also got a lawsuit from dowc https://trellis.law/doc/246194719/complaint-for-mrs-l-000831-25-submitted-by-campione-ronald-james-dowc-administration-services-llc-on-behalf-dowc-administration-services-against-igen-networks-corporation-neil-g-chan-abel-i-sierra-2-case-information-statement
