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IGEN Networks Corp (OTCMKTS: IGEN) is up huge after the Firm reported it signed a partnership settlement with Hyperion Companions, Grasp Agent for T-Cell Enterprise. The Companion Settlement permits the gross sales of IGEN services and products by way of Hyperion channels that embody Resellers, Referrers, and a prerequisite for T-Cell’s “Promote with Companion” program and probably the most just lately introduced T-Cell Enterprise Companion Program.
Microcapdaily has been protecting IGEN because it ran from triple zeroes to highs over $0.02 earlier this yr. After a short dip under $0.005 IGEN is as soon as once more northbound as traders accumulate. There may be loads to get enthusiastic about on IGEN; the Firm has been appointed Wi-fi Enterprise Consultants (WBC) Dash’s Grasp Agent for nationwide distribution and Dash has IGEN merchandise listed on its web site. IGEN Networks is projecting monumental revenues from its County Executives of America contract in addition to ongoing gross sales from its Dash/T-Cell contracts. The Firm is led by mover and shaker CEO Neil Chan who alongside along with his VP has collected 36 million shares of IGEN on the open market in keeping with current kind 4s.
IGEN Networks Corp (OTCMKTS: IGEN) working out of Lake Elsinore, California, IGEN supplies peace-of-mind to automotive customers and their households by way of direct entry to Web-of-Issues (IoT) cloud-based companies that embody Stolen Automobile Safety, Actual-time alerts, and Driver Conduct. The Firm works with Dash and its distribution companions to supply direct and safe entry to data on automobile belongings and driver efficiency. Throughout 2020 IGEN continues to concentrate on initiatives to manage prices, develop income, increase its buyer base, and develop new channels by way of its wholly-owned subsidiary Nimbo Monitoring LLC and direct to buyer manufacturers Medallion GPS PRO and CU TRAK, all three manufacturers are marketed by way of the Dash IOT Manufacturing unit platform.
IGEN subsidiary is Nimbo Monitoring LLC, a privately held US firm primarily based in Murrieta, CA. IGEN appointed Wi-fi Enterprise Consultants (WBC) Dash’s Grasp Agent for nationwide distribution. IGEN appointed REMCOOP for distribution and advertising and marketing for the Territory of Puerto Rico. IGEN took possession of Digital Telematics Signature (DTC) patent for better accuracy in measuring driver efficiency. IGEN launched Medallion GPS PRO for Gentle-Industrial Fleets. IGEN has a software program license and {hardware} provide agreements with Positioning Common Inc.
IGEN additionally owns a DTC patent for normalization of driver conduct knowledge for constant and correct measurement of driver efficiency no matter asset-type or knowledge supply. The Firm has secured emblems and distribution licenses by way of elevated possession of privately held expertise firms. IGEN’s wholly-owned subsidiary Nimbo Monitoring LLC., the plaintiff, has filed a lawsuit in opposition to SkyForce Applied sciences and its precept Mr Jim Kwon for breach-of-contract and lack of enterprise. Trial date set for September 2020 with an estimated declare of $1.5M.
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IGEN is already performing some huge gross sales; throughout 2019 IGEN achieved $723,819 in revenues at 41% gross revenue margin and $295,788 gross revenue. The Firm was appointed new distributors REMCOOP and Wi-fi Enterprise Consultants (WBC) to enhance Dash SMB and Enterprise Gross sales Channels. IGEN acquired Dash IoT Manufacturing unit orders to handle Trip-Share leased autos within the Tri-State Space of New York. The Firm launched CU Trak, a white-labelled product for Dash focused for Credit score Unions on the Inclusiv Annual Convention bringing collectively over 300 Credit score Unions from the continental US, together with securing the primary CU Trak orders from Puerto Rico primarily based Credit score Unions and the Group of Americas.
On October 26 IGEN reported it signed a partnership settlement with Hyperion Companions, Grasp Agent for T-Cell Enterprise. The Companion Settlement permits the gross sales of IGEN services and products by way of Hyperion channels that embody Resellers, Referrers, and a prerequisite for T-Cell’s “Promote with Companion” program and probably the most just lately introduced T-Cell Enterprise Companion Program. The T-Cell Enterprise Companion Program is a complete program to assist T-Cell’s Oblique Enterprise Channels by way of a full-service portal, social advertising and marketing instruments to drive demand, and co-branding materials to assist the gross sales and advertising and marketing of accomplice services and products
VP & GM Abel Sierra of IGEN Networks Corp acknowledged, “That is an thrilling alternative for us to have the ability to market our merchandise by way of Hyperion Companions and thru their Grasp Agent relationship with T-Cell for Enterprise. Mixed with Hyperion Companion’s expansive Reseller and Referrer channels throughout the US, we now are certified to increase our gross sales channels throughout automotive dealerships, credit score unions, and business fleet companies by way of T-Cell Enterprise gross sales and advertising and marketing eco-system.”
$IGEN 🚀🚀🚀🔥🔥🔥 https://t.co/UgPXcOVNXY
— Foe (@Foe81) October 26, 2020
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At the moment operating northbound off a penny IGEN simply reported it signed a partnership settlement with Hyperion Companions, Grasp Agent for T-Cell Enterprise. The Companion Settlement permits the gross sales of IGEN services and products by way of Hyperion channels that embody Resellers, Referrers, and a prerequisite for T-Cell’s “Promote with Companion” program and probably the most just lately introduced T-Cell Enterprise Companion Program.. It’s simple to get enthusiastic about IGEN; the Firm has been appointed Wi-fi Enterprise Consultants (WBC) Dash’s Grasp Agent for nationwide distribution and Dash has IGEN merchandise listed on its web site. IGEN Networks is projecting monumental revenues from its County Executives of America contract in addition to ongoing gross sales from its Dash/T-Cell contracts. The Firm is led by mover and shaker CEO Neil Chan who alongside along with his VP has collected 36 million shares of IGEN on the open market in keeping with current kind 4s. IGEN’s wholly-owned subsidiary Nimbo Monitoring LLC., the plaintiff, has filed a lawsuit in opposition to SkyForce Applied sciences and its precept Mr Jim Kwon for breach-of-contract and lack of enterprise. Trial date set for September 2020 with an estimated declare of $1.5M. We shall be updating on IGEN when extra particulars emerge so ensure you are subscribed to Microcapdaily so you realize what’s occurring with IGEN.
Disclosure: we maintain no place in IGEN both lengthy or quick and we’ve not been compensated for this text