posted
This doen't mean this will hapeen here, but just sharing my observations. If the R/S does occur this is what I have normally seen, it's about buying low
Another example of a stock that drop after the R/S then gone way up... OSFT
TTNJ dropped like a rock after n R/S, found a bottom at 0.02. The rocket is taking off right now - it just broke through 0.02. Could easily go up several 100%, IMO.
Posts: 2362 | From: BEENEVERYWHERE | Registered: Mar 2005
| IP: Logged |
posted
im out at the bell also, was hoping this would be a different situation than all the other pinks
-------------------- 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. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
| IP: Logged |
posted
futurama, if the R/S does happen give it sometime to drop like crazy after RS then buy low. That's what I'm doing.
A good company that does r/s will drop, but rebound like crazy.
I'm out, but will wait for the r/s (if it occurs) then buy low low, this will skyrocket, in a few weeks.
Posts: 2362 | From: BEENEVERYWHERE | Registered: Mar 2005
| IP: Logged |
posted
IGTN the split sucks, but the fact they are decreasing the AS is a good sign for the future share price. The company is looking to move to the NASDC small caps, and this might just be the way.
Posts: 1468 | Registered: Jul 2005
| IP: Logged |
posted
A CEO that writes to message boards is not a ood thing, been saying for a while. Thanks for the ride though, made some money. I have been honest on this stock, when I saw things I didn't like I put them out there for all to read and make your decision.
I think I made over 500% of my initial investment by buying and selling three times on IGTN.
I'll be back in a few weeks... sample TTNJ and OSFT look at them and you decide if you want to join IGTN in the future.
Posts: 2362 | From: BEENEVERYWHERE | Registered: Mar 2005
| IP: Logged |
posted
DILUTION explorer, this is just a sad situation
-------------------- 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. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
| IP: Logged |
posted
What can I say Jmoove. I know. The MM's now are going to take advantage of the situation, and get the panicy sold shares cheap. The price might rebound ultimately.
Posts: 1468 | Registered: Jul 2005
| IP: Logged |
posted
ok, heres my take, this is gonna take a bounce up right after a complete and total sell off this morning, i think im going to sell on the bounce
-------------------- 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. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
| IP: Logged |
quote:Originally posted by OnceApenny: If I see these levels.....I can't dump. The loss will be too Big. 0.009
Same here WAY too big. I guess I just watch it fall all around me.. this is MORE than sad in my opinion
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
| IP: Logged |
posted
explorer186, you say I only talked bad about IGTN, I just say what I see.
Posts: 2362 | From: BEENEVERYWHERE | Registered: Mar 2005
| IP: Logged |
posted
This S***KS it really does. What does sand expect the new price to be? unless its over 2.00$ after the split, its not worth it? DAMN
Posts: 222 | Registered: Nov 2003
| IP: Logged |
posted
Where is all the info about the R/S coming from? I have been to Ingen's website and others and have seen no news about this. I want hard evidence on this news!!!
-------------------- The thing I learned most about this is to take a profit when you can and you gotta have PATIENCE! Posts: 369 | From: Ft. Myers, FL | Registered: Oct 2005
| IP: Logged |
posted
Ingen Technologies, Inc. Announces Its Board Has Approved a 40-1 Reverse Stock Split
October 06, 2005 07:15:29 (ET)
CALIMESA, Calif., Oct 06, 2005 /PRNewswire-FirstCall via COMTEX/ -- The Board of Directors of Ingen Technologies, Inc. (IGTN, Trade) (the "Company" or "Ingen") has approved a resolution to authorize a 40-1 reverse stock split of its outstanding common and to decrease the number of authorized common shares to 100,000,000 from the present 500,000,000. Consequently, the number of common shares issued and outstanding would decrease from approximately 490,000,000 to 12,250,000. This resolution shall be presented for approval at a Special Shareholders' Meeting, presently scheduled for late October 2005, at which date the reverse stock split would become effective.
Commenting upon this action by the Board, Ingen CEO/Chairman Scott Sand said: "The reverse stock split proposal is part of an integrated plan to move Ingen forward in several ways. First, the reverse split will immediately establish Ingen's stock price at a much higher price level than currently. The advantages should be to facilitate external financings in the future to fund Ingen's expected revenue growth and to also reduce some of the price volatility our shares have recently experienced when selling in the $0.05 per share area. Second, a higher stock price is also more reflective of the fundamental corporate development that Ingen is, and will be, undergoing. Most notably over the near term, Ingen will seek to list its common shares for trading on the Over-The-Counter Bulletin Board. Pursuant to this objective, we will soon file with the S.E.C. to become a reporting company. Third, on the operational front, we expect two of our major products -- OxyView(TM) and OxyAlert(TM) -- to go into production by early 2006. This is a significantly positive event in the continuing progress of the Company."
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.
For more information, visit www.ingen-tech.com 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, fax +1-800-777-1186, scottsand*ingen-tech.com http://www.prnewswire.com Copyright (C) 2005 PR Newswire. All rights reserved
-------------------- Pennies...Get in, Get out, Get a profit! Posts: 352 | From: Killeen, Texas | Registered: Nov 2004
| IP: Logged |
-------------------- You can't argue with idiots, they drag you down to their level and beat you with experience. Posts: 713 | From: MD | Registered: Jan 2005
| IP: Logged |
posted
What happened to being listed on the otcbb? WTF? I was expecting to wake up one morning and read about the SEC filings that they were supposed to have done by the end of last month, but instead I wake up to this. This is such BS. Don't they get that r/s's are always bad? WTF? What happened to the CFO's remarks when he said the company would increase in value a 'hundred fold' over the next few months? If that was true what was the need for a F****** r/s? This is horrible. someone cheer me up
Posts: 237 | From: Boulder, CO | Registered: Jun 2005
| IP: Logged |
posted
I put a market order, got rid of all my shares Took a few grand loss. Anyone sticking around for the R/S good luck. WHKY R/S 2 weeks ago and that thing still isnt trading...why would IGTN be any different.
Probably going to take it easy w/ the pennies for now.
---
I wonder what Scott and his buddies are thinking now that their stock dropped from .054 to .0006 and it will be at .0001 at 4pm. Those idiots just ruined the company. Expect MONTHS of uphill climbing. Woopdi freakin doo, R/S, like IT EVER HELPED ANYONE OUT.
I really do stand by my comments of yesterday that the whole team over there is messed up in the head. JMOOVE, you wouldn't have done this to us!
Posts: 647 | Registered: Jul 2005
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Frown]](frown.gif)
Not your fault.
