- SEC Filing is Expected This Month - Sep 14, 2005 9:45:00 AM
CALIMESA, Calif., Sept. 14 /PRNewswire-FirstCall/ -- Ingen Technologies, Inc. (OTC: IGTN), a medical device manufacturer of OxyAlert(TM), OxyView(TM), and Secure Balance(TM), and also a developer of Pure Produce(TM), announces that the Company was informed by Spector & Wong, LLP that the audits are complete and ready for filing.
Harold Spector, CPA and Principal of Spector & Wong, LLP has informed the Company that he would be delivering the financial audits on Wednesday, September 14, 2005. "The completion of the audits are a valuable step forward to becoming a reporting company with the SEC and making our way to the OTCBB. I look forward to meeting with Mr. Spector on Wednesday to receive the audits and to further discuss the ongoing requirements for our quarterly reporting." Said Scott Sand, CEO & Chairman.
The financial audits will be published early next week. In addition, attorney Peter J. Wilke will complete the due diligence and submit the documentation required by the SEC for filing. He has committed to submit the necessary filings in September. Upon approval, the Company financial data will be available through various trading websites and the SEC. Mr. Wilke has stated to take an aggressive action to move IGTN on to the OTCBB.
Upon unanimous vote, the Board of Directors have agreed and signed the Resolution to remove Mr. Chris Evans from the Board of Directors. This action is effective immediately.
About Ingen Technologies, Inc.
Ingen Technologies, Inc. is a public company trading under Nasdaq OTC: IGTN, which has been in business since 1999. IGTN is a medical device manufacturer and a growth-oriented company that owns US patent(s), trademarks, and proprietary medical products.
The Company's flagship product is OxyAlert(TM), a second-generation design of the Company's BAFI(TM) product line. Both of these products have been issued two US Patents: Patent No. 6,137,417 issued on October 24, 2000 and Patent No. 6,326,896 issued on December 4, 2001. Both of these products are low-oxygen safety warning devices used on remote oxygen cylinders for patients, commercial aircraft, military transport, and fire and safety equipment. OxyAlert(TM) technology encompasses the use of digital sensing and RF frequency transfer so that care givers can access a hand-held remote to monitor the actual oxygen level of any oxygen cylinder at a reasonable distance.
The newest product, OxyView(TM), has a patent pending, and is a pneumatic gauge that provides visual safety warning of oxygen flow to hospitalized patients. This product enhances the safety, assurance and accuracy of hospitalized patients being administered oxygen from any source. OxyView(TM) is a lightweight pneumatic gauge that is attached to the oxygen tubing just below the neck. It informs the nursing staff of oxygen flow rate near the patient. It could quickly inform the hospital staff of any leak or inaccuracy between the delivery source and the patient.
The Secure Balance(TM) product is a private-label product that includes a vestibular function testing system and balance therapy system. The vestibular function testing system is manufactured by Interacoustics LTD. in Denmark and is referred to as the VNG. The balance therapy system is manufactured by SportKAT(R), Inc. in San Diego, California. The Secure Balance(TM) program provides equipment, education and training about balance and fall prevention to physicians and clinicians worldwide.
The Pure Produce(TM) product is a continuing research & development program currently under design. This program uses hydroponics technology to grow various plants without the use of soil, fertilizer and water consumption. The Company anticipates entering the nutriceutical and pharmaceutical markets over the next two years.
"Our team of professionals has developed our medical products for the ever-increasing elderly population. Our products are superior to any of our competition and they allow for effective medical product availability to seniors, and at the same time the increasing senior population allows for a steady growth in sales and profits," said Scott Sand, CEO & Chairman of Ingen Technologies.
Investor Relations Contact: Scott R. Sand, C.E.O & Chairman Ingen Technologies, Inc. 285 E. County Line Road Calimesa, CA 92320 800-259-9622 951-675-3266 800-777-1186 FAX scottsand@ingen-tech.com
Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements that are made pursuant to "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward- looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
SOURCE Ingen Technologies, Inc.
---------------------------------------------- Scott R. Sand C.E.O & Chairman of Ingen Technologies Inc. +1-800-259-9622 or +1-951-675-3266 or fax +1-800-777-1186 scottsand@ingen-tech.com
-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot.
IP: Logged |
posted
I opened a position here at .043...looking at the golden cross and audit to be released....chart is a dandy and the release of the audit could break this out once again...
.045 is key resistence break point here
strong buys here this morning
-------------------- Buy the silence-Sell the noise SFTV.004-.0075 AVNT.0018-.0033 FPPL.0034-.03 WEGI. My new Call
IP: Logged |
posted
Upon unanimous vote, the Board of Directors have agreed and signed the Resolution to remove Mr. Chris Evans from the Board of Directors. This action is effective immediately. -------------------------------- Who is Chris Evans?
-------------------- "Whether you think that you can, or that you can't, you are usually right." - Henry Ford
IP: Logged |
posted
.046 prints....there is the break of .045 resistence...slow and steady buying up....may be seeing a short squeeze currently with the announcement of audit being released and application to move to the otcbb
-------------------- Buy the silence-Sell the noise SFTV.004-.0075 AVNT.0018-.0033 FPPL.0034-.03 WEGI. My new Call
IP: Logged |
-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot.
IP: Logged |
posted
I got another stock that needs some extra attention right now. IGTN is looking good though: volume 11 mil. They're taking her up nice, and slow, absorbing every share they can.
IP: Logged |
posted
Hey guys -- now that it is out I will give some more details -- Chris joined the board in 1999, and Scott hadn't heard from him since 2002. When he got our messages, he found out about what had happened to this guy since he was at the last board meeting. The board met immediately and got rid of this j/o. Scott was really apologetic and embarrassed, and the company obviously took fast and stong action against Chris.
No doubt from the communication that Scott just had no idea, and when you think about it that makes the most sense -- otherwise they would not have had a full bio of this dork on their website.
So that's done -- a little disappointing to hear that the audit results are not going to get out until next week, but very comforting to know that they are done and being delivered, as verified with Spector & Wong.
I have personally confirmed that the audit is completed, and that Pete has been working on DD for bord change for some time.
Thanks all for the support -- it really can be a good thing to check out the bashers information and get to the truth. Now they don't have anything to use against us.
IP: Logged |
posted
Guys I think we're all in agreement here. How often do you have a penny that you are certain is going to blow the dime mark? This stock is a great opportunity.
IP: Logged |
posted
RB board now going to craps with bashers. Man it disgusts me how these bashers ruin a good thing. Oh well, that's reality for you; a good thing doesn't last forever.
IP: Logged |
posted
The behavior of IGTN is very positive with respect to last few days of very sustainable PPS growth. This rewards steady hands rather than the trembling few. An irrational exhuberance PPS jump usually retreats so I'm heartened that behavior is not apparent. Growth of bashers on other boards is of no conseqence as release of financials/OTCBB announcement waits in wings. Whether the envious or MMs it's not going to matter. Look hard at Sand's restricted shares and see if it makes sense that he's going to dupe the float owners and tank us and himself before this even really gets going. IGTN may soon surprise even its believers.
posted
I have a sell on my shares now.. ALL 8 MILLION OF THEM.... for $1.25 .... about 10 million dollars... Not bad!!! If the MM's want my shares they can have them!!
IP: Logged |
posted
Everyone on RB has a sell for a dollar or more... Most people are lying about their shares but if there are ont we have over 50 million shares for sell for over a dollar... All of mine are for 10 now!!! 81 million dollars worth... any takers!!
IP: Logged |
posted
looks like nite might want to move this baby this morning, bumps on the bid already
-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot.
IP: Logged |
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Wink]](wink.gif)
![[Big Grin]](biggrin.gif)
