Neil Chan - IGEN Networks CEO and President and Director
| IGEN Stock | USD 0.0001 0.00 0.00% |
CEO
Mr. Neil G. Chan serves as Chief Executive Officer, Director of iGen Networks Corporationration Mr. Chan is a career technologist who has pioneered the early adoption of disruptive technologies in more than 45 countries over the last 30 years. From startup to 400M in annual revenues, Mr. Chan has led and created the bestinclass sales, marketing, and service organizations during the development of wireless data infrastructure, mobile content, SoftwareasaService for commercial fleets, and HFC broadband infrastructure. Mr. Chan led the first technology transfer initiative between Canada and Mainland China on behalf of Spar Aerospace and Gandalf Technologies Inc., during the mid1980s along with training, product marketing and sales responsibilities for growing Gandalf export markets shortly after Mr. Chan was recruited to Motorola Inc., to lead the product marketing of the industry first mobile data solutions for public safety, taxi, utility, and field service markets. Mr. Chan led Motorola initiative to expand into public data networks throughout the Asia Pacific region during the 1990s and subsequently was promoted to Managing Director to lead the expansion of HFC data and voice broadband networks throughout the region. In the spring of 2000, Mr. Chan joined Airvana Inc., to lead business development for the early adoption of CDMAbased broadband wireless networks which today continue to serve millions of users throughout North America and Latin America. Most recently, Mr. Chan led worldwide sales and marketing of fleet management services for WebTech Wireless Inc., which contributed five years of record growth and industry leadership across government and transportation markets. Mr. Chan has served on the Executive Review Board of Royal Roads University and continues to mentor and support early stage technology companies. since 2011.
| Age | 60 |
| Tenure | 13 years |
| Phone | 855 912 5378 |
| Web | https://www.igen-networks.com |
IGEN Networks Management Efficiency
The company has return on total asset (ROA) of (2.8264) % which means that it has lost $2.8264 on every $100 spent on assets. This is way below average. IGEN Networks' management efficiency ratios could be used to measure how well IGEN Networks manages its routine affairs as well as how well it operates its assets and liabilities.Management Performance
| Return On Asset | -2.83 |
IGEN Networks Corp Leadership Team
Elected by the shareholders, the IGEN Networks' board of directors comprises two types of representatives: IGEN Networks inside directors who are chosen from within the company, and outside directors, selected externally and held independent of IGEN. The board's role is to monitor IGEN Networks' management team and ensure that shareholders' interests are well served. IGEN Networks' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, IGEN Networks' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Abel Sierra, COO Director | ||
| Neil Chan, CEO and President and Director |
IGEN Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is IGEN Networks a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Asset | -2.83 | |||
| Operating Margin | (9.88) % | |||
| Current Valuation | 3.07 M | |||
| Shares Outstanding | 1.8 B | |||
| Shares Owned By Insiders | 3.85 % | |||
| Price To Earning | (3.34) X | |||
| Price To Sales | 7.54 X | |||
| Revenue | 268.95 K | |||
| Gross Profit | 145.15 K | |||
| EBITDA | (3.26 M) |
Pair Trading with IGEN Networks
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IGEN Networks position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IGEN Networks will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to IGEN Networks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IGEN Networks when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IGEN Networks - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling IGEN Networks Corp to buy it.
The correlation of IGEN Networks is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IGEN Networks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IGEN Networks Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IGEN Networks can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in IGEN Pink Sheet
IGEN Networks financial ratios help investors to determine whether IGEN Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in IGEN with respect to the benefits of owning IGEN Networks security.