Ingen Technologies Inc (IGNT)

[mythical_phenix]

The Series A shares have a value of 10 votes, so that may be where the 760Million comes from. Of course, 76,060,960 * 10 != 760,488,960, but these guys have a history of poor math and spelling. On the other hand, in the filing it does say that following the reverse split there will be 209,260 common shares outstanding. 209,260 * 3000 = 627,780,000. That is a ton of shares since, as you pointed out, there was < 1M in September. Where did these shares go? I figured it was Ribotsky (sp?) cashing out the death spiral, but I thought those shares had to be registered first?
--

[stockmasterflash]

CEO Scott Sand's Holdings

Phenix did you pick up on this

I was looking at the ammendment again and just picked up on something.

One of the submissions was the "vote" of Series A shareholders of which Sand signed as owning 76,060,960 shares and Gleckman signed as owning 2,000,000 shares.

But the other was the "vote" of the common shareholders and Sand signed as owning 760,488,960 shares !!! and Gleckman 26,531,726

ROTFL There was less than million shares outstanding in September after the last Reverse Split !! These guys simply print whatever they feel like whenever they feel like it!

http://corp.sos.state.ga.us/imaging/15851860.pdf

[stockmasterflash]

Gail

I gave you a link to the articles of incorporation. There will indeed be a reverse split.

The problem is the CEO refuses to tell his shareholders when and where the split will occur but instead promotes the stock as if it isn't going to happen. It is. Read the documents instead of tea leaves. It tells you when they plan it.

[gail]

yes, its very odd after gem and i sold after being told this would r/s and i see that it was hitting .0002 nicely a couple of days ago?

so, what is the deal?

here is why i ask. i still have not had my green bar theory squashed and was shocked when i saw all this buying and then someone posted "r/s" yet stays on the board to bash the stock?

so, i assume there is no r/s, no date given and no new symbol should have been a clue to me not to bail.

[stockmasterflash]

$19 worth of paint! LOL

0.0002 50000 OTO 15:35:13
0.0002 45000 OTO 14:55:04
0.0001 5000 OTO 14:54:52
0.0001 600000 OTO 14:50:52
0.0001 400000 OTO 14:50:48
0.0001 5000 OTO 13:57:15
0.0001 250000 OTO 13:10:13

[stockmasterflash]

Chuxter

Please don't send me private messages seeking information. All this information is public and everyone should be aware of it.

Ingen recently sought shareholder approval to make changes to the corporate structure without seeking furthur shareholder approval. This is the result of that. A/S go up without notice. Reverse splits get approved without notice.

Here is the link to the increase in authorized shares:

http://corp.sos.state.ga.us/imaging/15772432.pdf

Sent By: Chuxster To: stockmasterflash Date:2/2/2009 7:03:26 PM


Hello Stockmasterflash,

I read on this board that there is a reverse split in the works...I also read the CEO has a track record for doing this. What is the Float presently ? Notice on the I-Box that the A/S is know 2.5 billion


Thanks Chuxster

[stockmasterflash]

Stock is heavily promoted

And the only ones who seem to know about the R/S are people that read this board since Ingen did not need a shareholder vote to approve it and they have not disclosed it to shareholders.

Only reason we know it is happening is because it was very suspicious given the CEO's track record, that he sought, at the last shareholder vote, approval to make shareholder actions without shareholder approval.

Makes me curious enough to watch the undisclosed changes to the articles of incorporation.

[lancefz]

odd how with a r/s coming this now has a bid and ask is .0002

[bax]

Again? Damn this guy is something else! I just follow this for the entertainment and do so in disbelief.

Bax

[gail]

ok. i feel a little better, but i know you lost fees. im sorry about that. i lost 20 bucks round trip, but at least i kept most of my money.

[gemmerling]

Gail - Yes I got out today at .0001 mine went 2009-01-30 11:34:51

[gail]

someone wanted my shares, and im out, but curious why people are buying.. something is going on, but i cant put my finger on it.

i hope it runs for some odd reason just so i know the buys that showed had a reason.

take care you all.

gem, did you get out yet?

[gail]

im very sad about this.

[stockmasterflash]

I got to thank you Gail

Without your 50 messages in the last 2 weeks, I would never have bothered to look up the latest Articles of Incorporation on Ingen. Sand would have slipped that reverse split in without anyone ever knowing.

Just think, all those people buying the stock right now, that will have an unannounced reverse split sometime in the next 2 weeks!

Shows you the character of the CEO here that he is in the middle of a major promotional campaign to promote the stock, yet neglects to inform shareholders and potential shareholders that last week he approved a 3000-1 reverse split AND protected HIS shares from the effects of the split.

It's not hedge funds and bashers that have wiped out every shareholder that bought the stock on his promises in the past year. They were SANDbagged!

Thanks for motivating me to refresh my DD here.

[gail]

people are still buying. http://ih.advfn.com/p.php?pid=webchart&cb=1233330893&symbol=NO^ITEC&period=0&size=19&volume=1

crap, you have to cut and paste the link, ihub wont show one day chart links properly, so put that in your url box

[stockmasterflash]

Link to Georgia registry of corporations

http://corp.sos.state.ga.us/corp/soskb/csearch.asp

Search for Ingen

http://corp.sos.state.ga.us/corp/soskb/Corp.asp?1063970

View filed documents

http://corp.sos.state.ga.us/corp/soskb/Filings.asp?1063970

1-22-2009

http://corp.sos.state.ga.us/imaging/15851860.pdf

[gail]

i.b. form the r/s board, said it didnt mention a date or new symbol.

so, could it be like days out or weeks?

i mean, i saw all buying on the trades page. some will post r/s may come but doesnt for weeks.

anyone??

[gail]

what is the new sym?

[gail]

the link wont work for me, do you have other verification?

[khah94]

GLAD I ONLY HAVE $100 IN THIS ONE, still i think they need to pass a law, only 1 r/s per company and thats it.once its gone..its gone...companies would think twice about playing that card, if they could only play it once...kh

[Buckey]

HUMMMM CEO shares unaffected - Now spin the hedge fund bashers into that one LOL

[mythical_phenix]

Unbelievable! Nice find. Note that there are approximately 672 million shares currently outstanding. This up from 572K just last August. Now that should be against the law.
--

[stockmasterflash]

3000 - 1 Reverse Split

2.5 Billion shares Authorized. Oh and Sand's Preferred shares are unaffected!

http://corp.sos.state.ga.us/imaging/15851860.pdf


Oooops! Saw That one coming a mile away! ROTFL

[gail]

someone is still buying, look.....................

[stockmasterflash]

And why

does a company with no sales require a $130,000 vehicle to demonstrate it's products? And whatever happened to it???

NOTE 3 - PROPERTY AND EQUIPMENT

Property and equipment as of August 31, 2007 and 2006 is summarized as follow:

2007 2006
--------- ---------
Automobile $ 9,500 $ 9,500
Mobile Demonstration Unit 136,096 --
Furniture & Fixture 31,706 27,222
Machinery & Equipment 120,252 65,900
Leasehold Improvements 41,606 32,047

http://www.sec.gov/Archives/edgar/data/861058/000101968707003589/ingen_10qsb-082107.txt
Molds 68,457 29,857

[stockmasterflash]

a) Oxyview(R) pricing:

The first 10,000 Oxyview units at $8.77 ea. US
All other sales after the first purchase is $6.71 ea. US

Note: The first order will be placed after the registration in
China is completed.

<PAGE>

b) MSRP is $24.99 US

c) The Contractor can decide on the wholesale pricing for any
sub-distributors.

****************

AGREEMENT

This Agreement made effective as of this 1st day of February, 2008, by and
between PROGRESSIVE INT'L HOLDING CO., LTD. a Hong Kong Corporation , further
referred to as the ("Contractor") whose principal address is ROOM 605-606
ALLIANCE BLDG, 130 CONNAUGHT ROAD,CENTRAL HONG KONG, CENTRAL HONG KONG; and
INGEN TECHNOLOGIES, INC., A Nevada Corporation, further referred to as the
("Company"), whose principal address is 35193 Avenue A, Yucaipa, California
92399 , and is made with reference to the following.

RECITALS

A. The Company is a Medical Device Manufacturer, and in the business of
providing medical products and services on a global basis. Said
products and services are inclusive of, but not limited to, Oxyview(R);
as described in Exhibit-A.

B. The Company desires to engage the services of the Contractor as its
Exclusive Distributor for Peoples Republic of China, Japan, Korea and
India. The Contractor agrees to purchase a minimum of 10,000 Oxyview(R)
units per month. All purchases will be prepaid and accompanied by a
purchase order from the Contractor.

http://www.sec.gov/Archives/edgar/data/861058/000101968708001263/ingen_8k-ex9901.txt

Now this is from Feb 2008. 1 year ago. With a minimum sales level of approximately $60,000 per month contracted for, Ingen seems to have realized ZERO according to their filings

Yet a couple months ago they put out a PR again announcing this agreement.

Where's the money????

[gail]

and i know most pinks that are at .0001 have issues, but i was just trying to flip before another r/s i guess. i dont ask for much. in this case, im asking very little of the stock.

i like the chart. what can i say.

your info is great, i truly truly thank you for it.

[stockmasterflash]

The company has 3 promoters working for it right now

All generating $1,000 worth of "demand" for the stock.

this from yesterday

http://biz.yahoo.com/pz/090128/158432.html

"...InvestSource has been compensated 75,000,000 of restricted stock of ITEC by a third party for services rendered..."

this from 2 months ago

""3. Compensation. Promptly upon execution of this agreement, Client
shall pay Consultant a one-time nonrefundable fee of $75,000 USD (the "Fee")
payable in the form of 7,500,000 shares of its Common Stock,""

http://www.sec.gov/Archives/edgar/data/861058/000101968708005170/ingen_s8-ex1036.txt

Can't find the other promoter right now, but jeez Gail, this company had a 600 - 1 reverse split less than a year ago and is now at .0001. What does THAT tell you about this company?

They pledged the assets to their lender. This stock has ZERO upside. They can't make sales going forward because they have no cash to build product

[gail]

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=34973104

[gail]

then who keeps buying and why, ill assume its far from dead.

[stockmasterflash]

Gail

$1,000 worth of stock has traded today in a stock that is millions of dolalrs in debt and is being sued up the Wazoo by creditors.

[gail]

check this out............

http://ih.advfn.com/p.php?pid=webchart&btn=s_ok&ihsymbol=&ihpagelist=Quote&ihbtn=Get+Quote&symbol=USOTC%3AITEC&s_ok=OK&period=2&drawmode=3&size=19&volume=1

when i worry that this has gotten to boring, or dead.. notice the sudden quiet buying lately. the blue is also buying. as you see, i post the trades list time to time.

volume is good as long as its buying. its better than no volume at all, thats for sure.

[gemmerling]

Hope this volume takes out the current MM"s at .0001 at the ask soon they have been sitting there for a very Longggggg TIME LOL.

[gail]

people, we are having a burst of volume and all are buys. just fyi.

[gail]

its just sleeping

[nutz4pinks]

Is this heading for a reverse split?

[gail]

[stockmasterflash]

75 million shares worth of promotion???

And the stock hasn't traded above .0001 in nearly 2 weeks??? ROTFL Going to take a long time to pay off the few million they owe to Ribotsky!

I like this line thought: ""Ingen is an established medical device manufacturer""

Really??? I thought they farm out manufacturing? And how much manufacturing has been done since the intial production run considering the $20,000 worth of Oxyviews they sold the last 3 years! LOL

[mythical_phenix]

Still pushin' hard! LOL!

http://biz.yahoo.com/pz/090128/158432.html

By the way,
"...InvestSource has been compensated 75,000,000 of restricted stock of ITEC by a third party for services rendered..."

[Chuxster]

It was over 0.006 in Mid-November.

[gail]

see this.........................


someone is trying to wake this sleeper up, do you see it?

http://ih.advfn.com/p.php?pid=webchart&btn=s_ok&ihsymbol=&ihpagelist=Quote&ihbtn=Get+Quote&symbol=USOTC%3AITEC&s_ok=OK&period=2&drawmode=3&size=19&volume=1

[gail]

yipes, sorry, i thought...............

your icon said free. forgive me. but, dont feel bad, i dont use much as i dont understand a lot, but i locked into something that seems to make sense to me,, its just the very basic chart and volume bars, and the trade form that ihub shows.

it says volumes, even if they dont report, say, inside buying. i think i can see if it happens.

these .000 can get a bit boring, but i realize, looking back at the chart history, that they are just asleep long enough for the smart ones to get in.

lets see how this turns out, and i can add it to my "theory" of sleepers.

[Chuxster]

Thanks Gail, i am a paid member. So, i better start taking advantage of all I-Hub has to offer...lol...Thanks again

[gail]

you can do this too, i think free members can anyway as you just click on the chart info at the top, or, you can put "itec" in the quotes box in the upper left..

you will get like a basic break down.

then click on "trades" and it may take some time to load if you are NOT on fire fox,, then you will see what i see.

its a bit delayed but is great info.

take care my friend!

gail

[Chuxster]

Thanks Gail, really appreciate it...

[gail]

hi chux! nice to meet you. ok, so, i just looked and i saw a great day with a strong ending.

here you go..

[Chuxster]

Hey Gail, How did the buys and sell look, today ? I saw you posted for earlier in the day...Thanks

[gail]

and this so far today....................................

[gail]

ok, look at this people..............



do you see what i see? its yummy.

[gail]

my pleasure.