posted
Is there anything we need to do if R/S is approved? Or the system will automatically R/S the shares and raised the price?
-------------------- You will never have what you like until you learn to like what you have. Posts: 31 | From: TX | Registered: Sep 2005
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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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posted
Thank you for the update Rangers.. sounds good to me too.
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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posted
CALIMESA, Calif., Nov. 1 /PRNewswire-FirstCall/ -- Ingen Technologies, Inc. (OTC: IGTN - News), a medical device manufacturer of OxyAlert(TM), OxyView(TM), and Secure Balance(TM), announces the shareholder approval of a 40-1 reverse split. ADVERTISEMENT
On Monday, October 31, 2005, at 9:00am PST, the company conducted a Special Shareholder Meeting regarding the vote to approve the Resolution dated October 11, 2005. The Chairman & CEO, Scott Sand, promptly called the meeting to order. Sand presented a 2 hour presentation of the company's progress, including extremely detailed information about product development, audited financial information, accounting and operations. Preceding the 2 hour presentation, Mr. Sand opened the meeting to questions and comments.
All of the shareholders in attendance unanimously voted "yes" on all three of the items of the agenda. Further, all of the votes were counted, including the votes that were mailed and sent by facsimile. Without any of the votes from the founders and/or Officers/Directors, there were 13,083,000 "yes" votes and 9,600,000 "no" votes. With all of the shareholder votes, including the founders, Officers and Directors, the ratio of "yes" to "no" votes was 8:1.
"The majority of shareholders have spoken and have shown the confidence they have in our management and this company. The company is now positioned to be a successful reporting company on the OTCBB," said Scott Sand, CEO & Chairman.
"With the reverse split behind us, this opens doors for new investors and continued forward growth of this company," said Thomas Neavitt, CFO. Further, Neavitt stated, "The Company is on schedule to file the first of several SEC filings on EDGAR on or before this Friday."
Posts: 224 | Registered: Jul 2005
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posted
Thanks for the update Ranger. I look forward to reviewing the financials later this week. Two questions for the board. 1. R/S is immediate correct? So my brokerage account may be updated today?
2. If financials will be on Edgar, does that mean yahoo will pick them up and include them in their data?
posted
MasterQuinn - I'm still trying to figure this out also. My brokerage account has not changed, same number of shares I had last week. Prior PR stated the R/S would take effect the same day. I'm just waiting and watching. At current price of .0048, new price should be about .1920 Good luck.
Posts: 176 | From: Ohio | Registered: Sep 2005
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posted
I care, but don't know. I thought that the split was effective on the day of the vote too. Has anyone called Scott? Any info when the R/S is going to occur?
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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posted
I sent an email requesting a date when change will become effective. The response was "working on it". I am curious about the price per share. The share price has been increasing slightly. I wonder if this increase will be included in the new/adjusted price?
-------------------- Raykay Posts: 19 | From: New Jersey | Registered: Aug 2005
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posted
I think it does. Whatever the price is on the close, the night before the split, is what's used.
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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posted
No, I'm exaggerating but stock always has a good run post split. I'm just looking to minimize my losses. Too stubborn to sell before. If I can get another few hundred after the split...then sell, all the better. I think $.50 or more may not be out of the question. I will definitely not be holding after that run though.
Posts: 421 | From: Florida | Registered: Mar 2005
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posted
Ingen Technologies, Inc. Files 10-KSB Today PR Newswire - November 04, 2005 11:30 - Ingen Commits to a Schedule for the OTCBB -
CALIMESA, Calif., Nov 04, 2005 /PRNewswire-FirstCall via COMTEX/ -- Ingen Technologies, Inc. (OTC: IGTN), a medical device manufacturer of OxyAlert(TM), OxyView(TM), and Secure Balance(TM), announces the filing of the 10-KSB today with PublicEase, Inc.
The Company continues to move forward with the first of several SEC Filings necessary to commit to a schedule necessary to establish a "Fully Reporting" status with the SEC. PublicEase, Inc. has accepted and will forward to EDGAR the 2005 audited annual 10-KSB today. Following next week will be the 2004 audited annual 10-KSB and the quarterly review for the first quarter commencing June 1, 2005.
Scott Sand, CEO & Chairman made this comment: "Not only are we working hard to increase Secure Balance(TM) sales, as well as bring to market the OxyView(TM) and OxyAlert(TM) products, we are equally concerned in organizing this company for the best interest of all of our shareholders and future shareholders. Submitting our 10-KSB today is another milestone for the success of Ingen."
The company has completed the necessary review and evaluation of the acquisition of the InfraredMed, Inc. technology, and will announce the acquisition in the next two weeks. Further, CTRADEUSA, Inc. and CEO Scott Sand have agreed to move forward the proposal to work together in funding the Pure Produce(TM) program.
"The Company continues to be progressive and productive, along with a strong and experienced management team. The near future holds promising growth and value for everyone," said Chris Wirth, Director.
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. -- Administrative Office 35193 Avenue "A", Suite-C Yucaipa, California 92399 Phone: (800) 259-9622 or (909) 790-7180 Fax: (800) 777-1186 or (909) 795-6340 Email: Info*ingen-tech.com
A Member of the Better Business Bureau A Member of the Chamber of Commerce A Licensed Business in the City of Yucaipa
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 will be set forth in the company's periodic filings (the first of which, since reporting ceased in 1998, will be filed shortly) 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 +1-909-790-7180, or fax, +1-800-777-1186, or +1-909-795-6340, Info*ingen-tech.com
Copyright (C) 2005 PR Newswire. All rights reserved.
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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posted
If this holds around 50 today this could jump up A LOT over the next 3 days. (by looking at the chart)
Posts: 562 | From: NY | Registered: Jul 2005
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