Yes I did go to the meeting today, and I was surpised with such a turnout (standing room only, if you got there late) The CEO says reverse split was needed to fund production of the oxy-alert,oxy-view, and pure produce. He is going to use his shares to gain 8 million in funding There will be a demonstration on th oxy products at the end of november. They are gaining sales with secure balance, and stepping up advertising. they were very confident with thier plans.(the pure produce facilities will be in so california) He explained everything to the shareholders(he had all the votes that were mailed in, all the letters,all the signed documents) Everybody voted, they tallied up the votes that were mailed, and the majority vote yes on all three issues.(to move the company forward)
He was confident that shareholder value will be restored. He said infermed was still going to play a big part in IGTN'S future growth.
I asked him about your question about buying back shares ..he said after products come to market, that would be considered. He wants to maintain a low float (to keep control of the daytraders and the MM'S)
He annouced a pr for tomorrow, at the meeting.And we will see IGTN on edger by friday.
I am only passing along what was presented in the meeting. so please don't kill the messenger. I will hold my position. I was satified with the plan. the people who I met were very professional and focused.
I will pass on any information I can..I lost almost a full day of my business and the gasoline,because I wanted to see what was going on there today.
HJPO
-------------------- AO Posts: 75 | From: new york | Registered: Aug 2005
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