posted
When a man throw half of the market Cap. on the streets, I wonder which great investor will take him serious. We are the ones who are addicted to greed. So, where he will get the money.
A little succes make this man flying too high, and I hope soon, he comes to reality.
I can tell you, I who was addicted to greed, feel robbed today. No..... he robbed the hole community. Ok... Pennyland is a Getto.
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The old story is true, what goes around comes around. The CEO of IGTN has no idea what effect this may have on the furture of the company. I am not intrested in this stock anymore. I took the long ride down from .027 too. I will get the next one........
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Does anyone think that maybe.. once he sees what happened to his stock, to the investors, that there is any chance at all that the reverse split might get vetoed?? Any chance? slim to none?
-------------------- "As long as there are dreamers, there are dreams that will come true."
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Congratulations Mr. Sands you have now alienated your longs and tanked PPS--if R/S was vetoed it wouldn't make up for contempt shown by management for their shareholders. Whatever happened to credibility--why should we dream of getting greedy with a company run like IGTN? A half step forward only to blow off its foot in the next moment!
posted
just goes to show you that there are no companies worth waiting for (playing long term) in the pinks or OTCBB. you hear it all the time......don't fall in love but they've got real products and great managment so why not, blah, blah, blah. all B*S*...
this isn't the 80's anymore. buy-n-hold is old school mentality. this is a learning experience for me to stick to my strategy.....plan your work, work your plan. buy low, sell high. get in, get out. profit is profit and in the worst case, cut your losses short.
after this stock, no more longs for me. straight flipping from here on out.
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posted
Had to work and missed the news. Left holding the bag. What a pos ceo. My vote will be for a new ceo and fraud charges. Sand I wish you could share this crow dinner with me.
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We have VERY positive news coming out soon. This is "tough love" for the shareholders "addicted" to greed. This decision was made for "everyone" as a whole and for the good of "everyone".
Hang in there...you will be pleased.
Scott Sand, CEO & Chairman Ingen Technologies, Inc.
I'm stuck down $2K plus and can't decide how to handle the next few days. I'm hoping news drops tomorrow.
That is what his email to me said a PR on Friday. Today was THURSDAY. Not FRIDAY.
"Soon". I pray to god this man pulls a PR out of his ass that makes all of this "funny" by tomorrow evening. However, I'm dreaming.
Scott, it's never a good idea to screw investors out of cash when you post your contact info. I'm thinking about TPing your offices and deficating on the hood of your car.
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posted
We have VERY positive news coming out soon. This is "tough love" for the shareholders "addicted" to greed. This decision was made for "everyone" as a whole and for the good of "everyone".
Hang in there...you will be pleased.
Scott Sand, CEO & Chairman Ingen Technologies, Inc.
I'm stuck down $2K plus and can't decide how to handle the next few days. I'm hoping news drops tomorrow.
That is what his email to me said a PR on Friday. Today was THURSDAY. Not FRIDAY.
"Soon". I pray to god this man pulls a PR out of his ass that makes all of this "funny" by tomorrow evening. However, I'm dreaming.
Scott, it's never a good idea to screw investors out of cash when you post your contact info. I'm thinking about TPing your offices and deficating on the hood of your car.
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'Securities fraud...occurs when investors are enticed to part with their money based on untrue statements.' Some out there believe there is some indication (officially) or (unofficially) that the Sand claimed no R/S would even be considered not too mention statements about 'no dilution.' The constant communication from the CEO to investors could be a vital trail for those who feel there is a case to made against IGTN and management. I've personally learned through experience to be a cautious investor and have learned not to invest more than I can afford to lose. I do feel for those perhaps here and definitely at other boards who have lost their life savings and apparently in one case a paper-hit of 100k. Poor greedy fools...--NO simply people who believed too much in IGTN story that was rehashed again and again. I wouldn't be too surprised to see some of these individuals look seriously into exploring legal action. Whether you agree or disagree with their investment choices and too much concentration...I imagine some will simply be left with no choice but to look at their legal options. It might be all they're left with...at this juncture. "TOUGH LOVE" is often a two-way street
Let's all keep working toward providing our fellow users here objective, even critical DD if warranted
posted
I'm new to this board (and trading for that matter). Could it be that Scott Sand never had any intention of moving to the OTC, It just seems weird that for weeks now we have been hearing that all documents ready for filing but for some reason always delayed. This is just my humble opinion and hope that I'm wrong, but makes me wonder. I'm in for 20,000 shares at an average of $0.025, so this drop in pps really took a nice chunk out of my portfolio (which unfortunately is pretty meager).
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Many of these pinks dangle the OTCBB carrot out but those that end up actually following through are at a premium. I think there are a number of reasons but I don't personally think highly of companies that R/S because in my experience they say everything is hunky-dory but numbers don't support it. I've taken a number of losses and have never seen the stock remotely 'recover.' It's interesting how they procrastinate filing + numbers. You're fortunate that your portfolio is 'meager' on this one...welcome to trading. Many honest investors got into IGTN because it seemed that this co. was serious about getting on OTCBB--now an R/S has been threatened to reward those who trusted those PRS...it's also ironic to see companies that haven't sold .25 of product in a given year have a 1,000,000 loss and the CEO, his immediate family and their hermit crab are netting 200k salaries. Junior high kids in business class could do better than a number of these CEOs--IMHO lol
posted
Unless they become short again there will be no pre-R/S bounce. Unless! The MM's build up their share inventory and take it up to sell them for a nice profit. What smart guy thought about making a couple of people in charge of a stock? Boy the concept of the very few getting rich and the majority getting poor is built into the core of this country.
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The only thing that borders me was the low vollume yesterday. Think there must be more stories behind this. It was a sell of, but not a big one.
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Ingen Technologies Elects New Board Member PR Newswire - October 7, 2005 10:00 AM (EDT)
-------------------------------------------------------------------------------- Jump to first matched term
- The Company Positions for Growth -
CALIMESA, Calif., Oct 07, 2005 /PRNewswire-FirstCall via COMTEX/ -- The Board of Directors of Ingen Technologies, Inc. (the "Company" or "Ingen") has elected Stephen O'Hara, MD as a member of the Board of Directors.
The Consumer's Research Council of America, an independent organization based in Washington, D.C. recently ranked Dr. Stephen O'Hara among the top two percent of clinical neurologists nationwide. Dr. O'Hara grew up on a family ranch in Montana where the values of hard work, respect and compassion were instilled in him from an early age. He attended Stanford University, which was named in 2005 by the authoritative Shanghai Index as the second leading university in the world. Dr. O'Hara graduated with a Bachelor's of Science degree in biology and performed honors research in the laboratory of Dr. Donald Kennedy, who subsequently served as President of Stanford University. Dr. O'Hara obtained his M.D. from Northwestern University where he became president of the Northwestern chapter of the American Medical Student Association, then proceeded to complete his residency in neurology at UCLA -- one of the top five medical schools according to U.S. News and World Report. Dr. O'Hara is board-certified in neurology through the American Board of Psychiatry and Neurology. Since completing his residency, Dr. O'Hara has continued to teach the residents in the neurology program at UCLA while maintaining a busy private practice in prestigious Century City with an emphasis on geriatric neurology and disorders of balance.
Commenting upon this action by the Board, Ingen CEO/Chairman Scott Sand said: "Dr. O'Hara provides additional strength and wisdom to our Board of Directors. I have known him for the past 4 years, and have worked with him directly on several occasions. He will be an asset to this company as we continue to grow in a positive direction."
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I guess this is the "very positive news" that Sand was talking about. Don't know about the rest of you, but this bit of news really brightened up my day
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Hopefully it fills the gap, you sell for profit (hopefully you just get in now or are in around here or lower). It will need to fill before the R/S (if it doesn't then get out before end of month).
Then Reverse Split happens, it tanks again and then you buy again.. That's my strategy in this one. PLayed it a few times for decent short gaines.. No Pinky is Long to me..
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LOL OnceAPenny, I'm very happy to say my marriage isn't like what you described, but yes, I have to stay in this umm.. relationship with Sand. I am so far in the red that yes, like someone said yesterday, it's like the Attack of the Killer Tomatoes.
-------------------- "As long as there are dreamers, there are dreams that will come true."
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quote:Originally posted by explorer186: Unless they become short again there will be no pre-R/S bounce. Unless! The MM's build up their share inventory and take it up to sell them for a nice profit. What smart guy thought about making a couple of people in charge of a stock? Boy the concept of the very few getting rich and the majority getting poor is built into the core of this country.
Explorer186, you critized me when I was telling people to be real careful on this IGTN, I kept saying it doesn't sound right that a CEO could be writing to a message board, plus all the delays, seen it before many times.
I personally think you kept critizing me when I was telling the truth, it's not your fault of what happened with the R/S, drop in PPS, but you have to be more careful on what you say, none of of here control what the crooks of CEO's and the Rich MM's do.
I am asking a direct question, you kept posting e-mails from other boards saying this is great any day now, the CEO send this, Mr. Sand, Mr. sand.
Oh, yeah, my question, do you think that's right? That a CEO writes to message boards?
Thanks, I made money x 5 in this stock, but I told the thruth of been careful with this IGTN, while others kept saying stay all this is good. I think anyone that thinks a CEO writing to a message board is correct, needs to learn alot. On he first delay, I knew something was wrong and I posted that. WHAT A SCAM, I saw it when various people kept posting Mr. Sand send me a personal message.
MY advice to all, go with your gutt feeling and if you double or triple your money get out this is pennyland.
I am just upset that so many people lost money on a scam that was so obvious. Sad to say many so called experts so it coming and said nothing. I just hope at least a couple people listen to me and got out.
Truth, I have said others will rise, and still believe they will, the ones I have posted I'm still in and waiting for that pop.
But on something as obvious as IGTN I tried to warn all of you. I wish some did listen.
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