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IGNT - Ingen Technologies Inc. - Page 30

post #581 of 609
8/30/10 at 12:35pm
news out...take it for what it's worth

http://www.ingen-tech.com/PDFbin/FactSheet.pdf
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post #582 of 609
10/8/10 at 3:49am
Scott R. Sand, the CEO and Chairman of Ingen Technologies, paid illegal kickbacks to an FBI undercover agent portraying an employee pension fund manager and to a cooperating witness portraying the manager’s associate. The kickbacks were to induce the employee pension fund manager and his associate to purchase millions of restricted shares of Ingen stock. Sand also issued millions of shares of Ingen stock to the associate in exchange for acting as a middleman in the scheme. Sand told the purported manager and associate that he was trying to generate the appearance of market interest in his company, induce public purchases of its stock, and ultimately increase the stock’s trading price. Sand lives in Calimesa, Calif.


http://stockmarketlawsuit.com/securitiesfraudlawyer/
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post #583 of 609
10/8/10 at 4:05am
Got to love a pumpandump, welcome to pennyland.
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post #584 of 609
8/8/12 at 2:47am

Ingen Tech (IGNT), $0.01 +0.0042

On August 7, 2012, Ingen was up 72.41% on a volume of 2,712,459.

With a small O/S of 79.10M, can IGNT make a move to $0.06 like it did on July 10, 2012?

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post #585 of 609
8/14/12 at 11:09pm

Waiting years for combustion, will Ingen products finally ignite IGNT?

 

The answer is “no.” Oxyview(R) and The Smart Nasal Cannula(R) are compelling products; however, most business pundits will affirm that success also needs great management. To illustrate this I obtained former distributor contact information from an old 8-K filing (May 1, 2008 Edgar Online) and recently emailed eight contacts for feedback. I received three replies. D.S. Carroll, Jr. of Health Sales Consultants, Inc. replied, “Oxyview(R) seemed like a viable product at that time,” while John Macon of Macon & Company, Inc. responded, “Oxyview(R) seemed like an innovative product – assuring liter flow to the patient is what it is supposed to be.” Mr. C. E. Reynolds, also of Macon, replied, “Reimbursement was an issue for us.” Thus, not one of the responses implied anything negative about the product itself. The healthcare market is huge and Ingen has average product competition. Regarding Oxyview(R), there are two makers of inline oxygen flow meters; Liter-Meter manufactured by Erie Medical, Inc., and the Rotameter manufactured by King Instruments. Rivals for The Smart Nasal Cannula(R) include Salter Labs Inc. and several Chinese manufacturers. Ingen management must complement their products.

 

On January 23, 2008, Ingen announced an agreement with Lincare, Inc. (Nasdaq: LNCR), but Lincare had only allowed Ingen to communicate the Oxyview(R) product to their locations. There was no written agreement. Faux pas or mismanagement by then-CEO Scott Sand? “When I received email authorization from Lincare, we immediately communicated our Oxyview(R) product to all of their locations and immediately received purchase orders and hundreds of telephone calls responding positively to our Oxyview(R) product. Unfortunately, we didn’t request Lincare’s authorization of the press release of January 23; as such, Lincare abruptly terminated the relationship with Ingen. I have provided several written apologies to the CEO of Lincare... with no success,” stated Sand in a January 30, 2008 “Press Release Retraction.” On July 1, 2012, Lincare was acquired by industrial gas giant Linde for USD 4.6 billion. Sand’s botching of the Lincare relationship, avoidable with better communication, hurt Ingen shareholder value.

 

On June 14, 2005, then-CEO Sand reported anticipated sales of up to $2 million for fiscal year 2005. However, SEC filings reveal a Form 10-KSB/A filed in 2006 stating that Ingen had revenues of $794,314 for its fiscal year ending May 31, 2005. Another slip as Sand grossly overstates anticipated sales for an already concluded fiscal period. I phoned Sand one week after Ingen’s June 30, 2009 press release titled, “Ingen to Seek 5 to 7 Cents a Share on Future Buyout.” I asked him why IGNT stock was plummeting despite a flurry of rosy press releases. Sand first lambasted me as a visionless day-trader, then reaffirmed his belief in the 5 to 7 cent valuation in the June 30, 2009 press release, and was so convincing that after the call I bought more Ingen shares.

 

On ************.com, site member DBEN on July 2, 2009 posts “nice bounce from .008 to .0089”, source: http://************.advfn.com/boards/read_msg.aspx?message_id=39251667, and with IGNT shares closing at 0.009 on August 10, 2012, one may reckon the stock has not moved in 37 months. Atrocious! But in fact, there was a 1:1000 reverse split in 2010, so its ‘atrocious’ amplified 1000 times. If you invested a ten-dollar bill in 2009, you own one penny today. Assuming DBEN still holds those same shares from 2009, a move on the magnitude of 008 to .0089 would be microscopic; DBEN would need a “nice” bounce to nine dollars to break even.

 

Today, Gary Tilden is COO and Chairman of Ingen and is developing strategies to build shareholder value. Ingen’s transfer agent, SEC registered Worldwide Stock Transfer Company, confirmed on July 18, 2012 a total of 79,097,343 outstanding shares. In a July 18, 2012 memo, Ingen’s attorney states that neither Ingen management, nor any 5% holder, nor any counsel is currently under investigation by any federal or state regulatory authority for any violation of federal or state securities laws. This diminishes uncertainty as Sand has satisfied all legal obligations of the 2011 sentence meted out (US District Court, S.E.C., v. Scott Sand). In 2011, Sand resigned all board and officer positions but today remains a consultant to Ingen and as of July 1, 2012 owns 33% of outstanding shares. Viable products alone will not ignite IGNT; only savvy management can do so.

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post #586 of 609
8/23/12 at 3:16am

FROM JUNE 12, 2012 PRESS RELEASE

Some of the Ingen Technologies, Inc. suppliers include Tonopah Medical, LLC in Las Vegas; Mountainside Medical Equipment Company in New York; and OxiMedical Respiratory in Arizona.
 
http://www.tonopahmed.com/products/ingen_oxyview.htm
http://www.mountainside-medical.com/products/Nasal-Cannula-with-Pneumatic-Oxygen-Flow-Meter.html
http://oximedical.com/cannulas-tubing-etc

Chairman Gary Tilden in Jun 12, 2012 press release stated, "Tonopah Medical has been a very consistent client who recently purchased another 500 units for their home oxygen patients throughout the Las Vegas area, as well as Mountainside Medical in New York who made a recent purchase of 200 units."

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post #587 of 609
8/27/12 at 4:01pm

The latest IGNT Share Details (OTC Market data)

Market Value $585,320 a/o Aug 24, 2012 (based on price per share $0.0070)

Shares Outstanding 84,597,343 a/o Aug 25, 2012

Float 48,243,428 a/o Aug 25, 2012

Shareholders of Record 652 a/o Aug 25, 2012

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post #588 of 609
9/15/12 at 10:20pm

Shares Outstanding
92,597,343 a/o Sep 07, 2012

Float
56,243,428 a/o Sep 07, 2012

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post #589 of 609
9/20/12 at 10:31pm

Shares Outstanding 89,597,343 a/o Sep 20, 2012
Float 53,243,428 a/o Sep 20, 2012
Shareholders of Record 626 a/o Sep 20, 2012

source: OTC Markets Group Inc.

 

Shares outstanding and float each decreased by 3 million in the last 2 weeks. Could it be a mistake? Or could Ingen be reducing/retiring shares?

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post #590 of 609
10/21/12 at 3:12pm

From the PR of June 12, 2012: Ingen suppliers mentioned include Tonopah Medical, LLC in Nevada; Mountainside Medical Equipment Company in New York; and OxiMedical Respiratory in Arizona. Chairman Gary Tilden states, "Tonopah Medical has been a very consistent client who recently purchased another 500 units for their home oxygen patients throughout the Las Vegas area, as well as Mountainside Medical in New York who made a recent purchase of 200 units." Below is a list of some present suppliers (as of Sunday, October 21, 2012).

 

 

Invacare Supply Group (Invacare Corporation)
9 Industrial Rd
Milford MA 01757
http://www.invacaresupplygroup.com/Products/isgWeb1/PID-ING203AXZ.aspx
http://www.invacaresupplygroup.com/Products/isgWeb2/PID-ING203NCAXZ.aspx

 

OxiMedical Respiratory
3102 W. Thomas Road, Suite 901
Phoenix, AZ 85017
http://www.oximedical.com/content.cfm?page_content=web_store_product_detail_include.cfm&product_id=116
http://www.oximedical.com/content.cfm?page_content=web_store_product_detail_include.cfm&content_id=58


bShore Medical Surgical
28888 Conejo View Dr
Agoura Hills, CA  91301
http://www.bshoremedical.com/Oxyview-Oxygen-Flow-Meter-EACH/dp/B007AZ3I4I

 

Mountainside Medical Equipment, Inc.
PO Box 247
Marcy, NY 13403
http://www.mountainside-medical.com/products/Nasal-Cannula-with-Pneumatic-Oxygen-Flow-Meter.html

 

Tonopah Medical LLC
800 E. Charleston Blvd. #1036
Las Vegas, NV 89104
http://www.tonopahmed.com/products/ingen_oxyview.htm

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post #591 of 609
10/21/12 at 3:23pm
kinda dead...and untradeable at this point

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post #592 of 609
10/23/12 at 1:26am

simply moving average (SMA) quick analysis (20-day vs. 100-day)

 

20-day SMA crossed below 100-day SMA in August 2012 and has been below up to now (Oct. 23, 2012) but on lower than average volume. Buying on increased volume can have the 20-day SMA cross above the 100-day SMA (buy signal) within a week, so hopefully some material good news will come out before too much share dillution. Float still reasonably small at 58,643,428.

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post #593 of 609
10/23/12 at 11:20pm

I just called Gary Tilden at Ingen regarding clarification of the PR of Aug 7, 2012. The PR is entitled, "Ingen Technologies Receives Confirmation of Purchase Order for Approximately 8,000 Oxyview(R) Units Valued at Approximately $160,000", with subtitle, "Initial Order Launches National Sales Campaign", Press Release: Ingen Technologies, Inc. – Tue, Aug 7, 2012 8:30 AM EDT.

 

Tilden explained that the purchase order was in fact a credit exchange because the "distributor" already had stock of the expired model 205, so Ingen was able to re-establish this distributor and get them up and running with the newer model 203A and 206A units.

The 7,760 Oxyview® units mentioned on August 23, 2012 is the "approximately 8,000 Oxyview® units" mentioned on August 7, 2012, and of course the same "distributor".

This business transaction helped to get a "distributor" back "online" with the new models with hopes of future cash sales should this distributor choose to place a new purchase order.

 

Regarding, Ingen future plans, Tilden referred me to the Ingen Plan of Reorganization filed in April 2012:

http://www.otcmarkets.com/stock/IGNT/filings

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post #594 of 609
10/25/12 at 3:16pm
IGNT -- Closing Prices Last 3 Months                
Date Open High Low   Close Chg Vol #Tr
24/10/2012 0.0048 0.0048 0.0040   0.0040 0.0019 534,200 8
23/10/2012 0.0040 0.0040 0.0021   0.0021 -0.0019 21,277 2
22/10/2012 0.0040 0.0040 0.0040   0.0040 -0.0008 180 1
19/10/2012 0.0040 0.0048 0.0040   0.0048 0.0008 23,500 3
18/10/2012 0.0040 0.0040 0.0040   0.0040   11,150 2
17/10/2012     0.0040  
16/10/2012 0.0040 0.0055 0.0040   0.0040 -0.0015 129,400 5
15/10/2012     0.0055  
12/10/2012 0.0040 0.0055 0.0040   0.0055 0.0014 567,718 7
11/10/2012 0.0048 0.0055 0.0040   0.0041 -0.0018 455,590 14
10/10/2012     0.0059  
09/10/2012 0.0060 0.0060 0.0047   0.0059 -0.0001 647,000 5
08/10/2012     0.0060  
05/10/2012 0.0047 0.0060 0.0047   0.0060 0.0013 198,127 8
04/10/2012 0.0050 0.0060 0.0047   0.0047 -0.0003 397,225 6
03/10/2012     0.0050  
02/10/2012 0.0047 0.0055 0.0047   0.0050 -0.0025 98,563 5
01/10/2012 0.0047 0.0075 0.0047   0.0075 -0.0004 42,525 4
28/09/2012 0.0050 0.0079 0.0045   0.0079 0.0011 119,912 5
27/09/2012 0.0061 0.0068 0.0061   0.0068   67,900 3
26/09/2012 0.0045 0.0068 0.0045   0.0068 0.0025 67,890 6
25/09/2012 0.0060 0.0068 0.0043   0.0043 -0.0017 142,925 9
24/09/2012     0.0060  
21/09/2012 0.0060 0.0060 0.0044   0.0060   685,200 12
20/09/2012 0.0064 0.0064 0.0060   0.0060   255,607 18
19/09/2012 0.0060 0.0060 0.0060   0.0060   418 1
18/09/2012 0.0060 0.0060 0.0060   0.0060 0.0010 211,411 4
17/09/2012 0.0050 0.0060 0.0050   0.0050 -0.0010 574,147 6
14/09/2012     0.0060  
13/09/2012 0.0079 0.0079 0.0060   0.0060 0.0010 39,500 3
12/09/2012 0.0050 0.0050 0.0050   0.0050   133,000 4
11/09/2012 0.0070 0.0070 0.0050   0.0050   1,281,645 16
10/09/2012 0.0050 0.0070 0.0050   0.0050 -0.0020 171,103 11
07/09/2012 0.0063 0.0070 0.0060   0.0070 0.0010 249,414 8
06/09/2012 0.0060 0.0060 0.0060   0.0060   8,400 1
05/09/2012 0.0061 0.0070 0.0060   0.0060 -0.0010 435,513 15
04/09/2012 0.0073 0.0073 0.0070   0.0070 0.0010 88,400 6
31/08/2012 0.0080 0.0080 0.0060   0.0060 -0.0010 458,948 12
30/08/2012 0.0061 0.0070 0.0061   0.0070 0.0012 220,046 9
29/08/2012 0.0089 0.0090 0.0058   0.0058 -0.0017 760,815 23
28/08/2012 0.0070 0.0090 0.0070   0.0075 0.0005 194,400 7
27/08/2012 0.0074 0.0090 0.0070   0.0070 -0.0004 377,000 12
24/08/2012 0.0090 0.0090 0.0070   0.0074 -0.0016 1,499,363 9
23/08/2012 0.0061 0.0099 0.0051   0.0090 0.0029 2,243,008 38
22/08/2012 0.0100 0.0110 0.0061   0.0061 -0.0039 2,850,389 48
21/08/2012 0.0090 0.0100 0.0090   0.0100 0.0010 120,100 5
20/08/2012 0.0085 0.0090 0.0061   0.0090 0.0005 212,257 13
17/08/2012 0.0100 0.0100 0.0085   0.0085 -0.0015 33,140 4
16/08/2012 0.0081 0.0100 0.0081   0.0100 0.0011 952,000 13
15/08/2012 0.0180 0.0180 0.0081   0.0089 -0.0091 740,535 26
14/08/2012 0.0110 0.0180 0.0110   0.0180 0.0080 975,890 31
13/08/2012 0.0090 0.0100 0.0080   0.0100 0.0010 311,438 13
10/08/2012 0.0100 0.0100 0.0090   0.0090 0.0009 242,155 18
09/08/2012 0.0070 0.0100 0.0060   0.0081 0.0021 168,475 13
08/08/2012 0.0100 0.0150 0.0060   0.0060 -0.0040 1,434,759 41
07/08/2012 0.0100 0.0200 0.0100   0.0100 0.0042 2,712,459 75
06/08/2012 0.0058 0.0058 0.0058   0.0058 -0.0024 5,000 1
03/08/2012 0.0085 0.0100 0.0082   0.0082 0.0002 24,500 3
02/08/2012 0.0095 0.0095 0.0080   0.0080 -0.0013 131,179 3
01/08/2012 0.0080 0.0098 0.0080   0.0093 0.0013 376,571 10
31/07/2012 0.0050 0.0080 0.0050   0.0080 0.0030 71,250 7
30/07/2012 0.0062 0.0062 0.0050   0.0050 -0.0020 196,000 4
27/07/2012 0.0095 0.0095 0.0070   0.0070 -0.0019 1,290,294 26
26/07/2012 0.0089 0.0089 0.0089   0.0089 -0.0006 10,000 1
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post #595 of 609
11/16/12 at 11:51pm

Posted 11/14/2012 9:55 AM: Ingen Technologies Inc ( IGNT ) took off yesterday after some big news, this stock has seen 5c recently and the next run might take it to 7-10 cents.

Ingen Technologies, Inc. (PINKSHEETS: IGNT), an emerging medical device manufacturer with patented proprietary technology for the growing $4 Billion Respiratory-Market, is pleased to announce the launch of their new website. With a dynamic B2B (Business-to-Business)-eCommerce platform, Ingen will create branding and revenue channels with millions of homecare patients, medical supplies distributors, hospitals, physicians, government purchasing programs and OEM medical device manufacturers.

Read more: http://community.nasdaq.com/News/2012-11/hot-charts-ingen-technologies-inc-pinkignt.aspx?storyid=189773

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post #596 of 609
11/20/12 at 10:52pm

IGNT Share Structure
Shares Outstanding 98,997,343 a/o Nov 20, 2012
Float 62,643,428 a/o Nov 20, 2012
Shareholders of Record 628 a/o Nov 20, 2012

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post #597 of 609
11/27/12 at 9:01pm
IGNT Security Details
Market Value $509,987 a/o Nov 26, 2012
Shares Outstanding 101,997,343 a/o Nov 26, 2012
Float 65,643,428 a/o Nov 26, 2012
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post #598 of 609
12/1/12 at 3:34pm

Fri, Nov 30, 2012 - IGNT released their Research Report concerning Cohen's Grass Roots Research Report. To read the complete report, please visit:

https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=95782

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post #599 of 609
12/4/12 at 5:04pm

Latest update shows dilution:


Shares Outstanding

115,997,343 a/o Dec 02, 2012
Float

79,643,428 a/o Dec 02, 2012

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post #600 of 609
1/2/13 at 10:09pm

S/O 124,997,343 a/o Jan 02, 2013

Float 88,643,428 a/o Jan 02, 2013
Shareholders of Record 632 a/o Jan 02, 2013

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