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Re: pmello3 post# 10579

Friday, 07/26/2013 8:42:21 AM

Friday, July 26, 2013 8:42:21 AM

Post# of 11180
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Item 8.01 Other Events

On July 19, 2013, the Company terminated its Consulting Agreement with Sage Marketing Advisors and the Managing Partner, Jeffrey R. Chicola. The Consulting Agreement dated February 26, 2013, and executed by both parties on March 3, 2013 included the issuance of 30,000,000 common shares as pre-payment for future services to be rendered. On July 17, 2013, the Company received notice from Mr. Chicola, Managing Partner of Sage Marketing Advisors, that he was unsuccessful with depositing the shares with any of his brokers. Due to this matter Sage Marketing Advisors was unable to perform any services under the terms and conditions set forth within the Agreement.

CONSULTING AGREEMENT

THIS AGREEMENT (“the agreement”), is made and entered into as of the 26 day of February 2013, by and between Sage Market Advisors ., maintaining its principal office at 1171 Lawrence Avenue, Westfield, New Jersey 07090 (“SAGE” or the “Consultant”) and Ingen Technologies, Inc. ,. Maintaining its principal offices at 3410 La Sierra Ave Suite F-507 Riverside, Ca.95203("the Company")

WHEREAS, SAGE is engaged in the business of providing services for management consulting, business advisory, and public relations and has knowledge, expertise and personnel to render the requisite services to the Company; and

WHEREAS, the Company is desirous of retaining SAGE for the purpose of obtaining these services so as to better, more fully and more effectively deal with the financial services community on a non-exclusive basis.

NOW, THEREFORE, in consideration of the premises and of the mutual covenants and agreements contained herein, it is agreed as follows:

NATURE OF SERVICES TO BE RENDERED
During the term of this Agreement, SAGE shall use its best efforts to provide the Company financial communication services, and will serve, when requested, as the Company liaison and spokesperson. The consulting services to be provided by SAGE shall include the development, implementation, and maintenance of a sound financial advisory strategy which include:

A. Managing and communicating the Company’s corporate profile within the investment community, with the goal of raising and improving such profile. Sage will disseminate the companies profile through its unique database of Broker Dealers, Investors, Institutions, Traders, Websites, and the overall Investment community.

B. Develop an in-depth familiarization with the Company’s business objectives and bring to the Company thereof, when known to bring to the Company’s attention potential or actual opportunities, which meet those objectives or logical extensions thereof, when known.

C. Comment on the Company’s corporate development including such factors as position in competitive environment, financial performances vs. competition, strategies, and operational viability.

D. Assist the company the company in writing and disseminating its press releases. Sage will disseminate the company’s press releases through its unique database of Broker Dealers, Investors, Institutions, Traders, Websites, and the overall Investment Community.

TERM AND TERMINATION
This Agreement shall be for a period of 1- year commencing February 26, 2013 and terminating February 26, 2014, and thereafter may be renewed upon the mutual written consent of the parties.

COMPENSATION FOR SERVICES
The following represents the compensation to be received by Sage Market Advisors in connection with rendering the services hereunder:

* 10,000,000 restricted shares of common stock

*20-million shares of Registered (“free trading”) shares or $50,000 in cash. The choice is the company’s.


http://www.sec.gov/Archives/edgar/data/861058/000101968713002669/0001019687-13-002669-index.htm



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