Form 7 filed Name of Listed Issuer: IGEN Networks Corporation (the “Issuer) Trading Symbol: IGN
Date: May 8, 2020 Report on Business
1. Provide a general overview and discussion of the development of the Issuer’s business and operations over the previous month. Delays in our accounting and auditing process as the result of the corona virus has required an extension of the 10K filing date to May 15, 2020 – Filing of 8K for 10Q extension will also be issued prior to May 15, 2020.
WBC Sprint’s Master Agent along with Sprint’s SMB have qualified 4-6 major automotive dealerships across the US assessing inventory management and profit centre opportunities with the Nimbo Tracking platform –
Discussions ongoing with major credit union provider to promote CU Trak Medallion GPS PRO was launched this month across 700 counties – discussions for trials have commenced 2. General overview and discussion of the activities of management. Management team has been successful in securing SBA loans and additional financing from existing funding sources – moving toward equity-based financing while reducing debt principle.
Management team focused on completing V2 testing and achieving commercial ready status for the next generation platform in Q2. IGEN patent rights were completed and secured for the DTS functionality 3. Details of any new products or services offered. • Launch plan with video tutorials ready to be released to the County Executives of America – completed
Patens = $