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Message to Gary Tilden
You need better legal advice than Sand got. A) Safe harbor does not apply to pennystocks B) The SEC enforcement action against INGEN prevents you from being shielded by safe harbor
Here are some of the SEC's recent thoughts on Safe harbor
No safe harbor for penny issuers:
http://www.sec.gov/Archives/edgar/data/1161582/000000000013069805/filename1.pdf
**************
Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. 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 and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
CONTACT:
Gary Tilden
Chairman
951-688-7840
www.ingen-tech.com
They can't even keep track of their BS
""Ingen is a medical device manufacturer of Oxyview products and has sold over 100,000 units worldwide over the past 6 years. ""
$12 x 100,000 = $1.2 million in revenue or an average of $200,000 of revenue per year.
ROTFL did they forget they reported revenue in their SEC filings. I can't find $1.2 million in revenue they reported.
Revenue for the last 3 years total $60,000. Granted the company was dormant for a while the CEO was in prison.
Looks like the new CEO Tilden wants to follow in Tom Arnold's footsteps!
FRAUD I resent the implication that I would post that without the FACTS to support it.
http://www.bop.gov/inmateloc
http://pacer.gov
WIRE FRAUD
United States District Court
Southern District of Florida
Case: 0:2010-cr-60257 Filed 10/07/2010
REAL DD = REALITY
ps Two components: Criminal 2010-cr-60257
Civil 2010-cv-23602
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 21691 / October 7, 2010
SEC v. Scott R. Sand and Ingen Technologies, Inc, Civil Action No. 1:10-cv-23602-PAS (U.S. District Court for the Southern District of Florida)
http://www.sec.gov/litigation/complaints/2010/comp-pr2010-187-sand.pdf
HOW DO WE KNOW IT'S THE SAME PERSON-Scott Sand's??? LOTS OF PEOPLE HAVE THE SAME NAME. ALSO AS A MAJORITY OWNER, DOES'NT THAT MEAN HE HAS A LOT TO LOOSE??? JUST ASKING, TRYING TO MAKE SENSE OF IT ALL
fraud
This scumbag is currently Ingen's largest shareholders and since getting out of prison has participated in the financing of Ingen
(( Medcentrix was charged with Medicaid fraud while Sand was there ))
http://www.linkedin.com/pub/scott-sand/67/705/85a
Scott Sand's Overview
Current
CEO at SaraS Corporation
Past
CEO at Medcentrex
CEO at Ingen
Education
California State University-Long Beach
Sierra College
Connections
445 connections
Scott Sand's Summary
Scott Sand has a diversity of experience as an investor specializing in the structuring, and provision of capital to small and developing OTC QB/QX and PINK sheet companies and is uniquely positioned to fund long-term growth strategies through a variety of funding arrangements. As a CEO and investor both domestic and abroad which spans more than 35 years, his contributions and accomplishments have been published in the Los Angeles Times, Press-Enterprise and the Sacramento Tribune. He has been the recipient of many recognition awards by high honored factions such as the United States Congress and the California State Assembly; receiving the highest Commendation in the County of Los Angeles for his contributions to health care and medical technology. He was awarded by the California State University Business Department as the nominee for the "Entrepreneur of the Year-2009." Mr. Sand served as the CEO of Medcentrex, Inc. for 10 years, CEO & Chairman of Ingen Technologies, Inc. for 12 years, and is presently the President and co-founder of SaraS Corporation.
WOW-IT'S GOING LOWER-WELL THAT'S NOT GOOD...K WILL DO SOME DD
FRAUD IS HARSH LANGUAGE-PROOF???-LINKS????
Yes - look at the history of this FRAUD who's principal player is an ex-con [Securities Fraud - FACT - 2 years in prison] but the beat goes on anyway. Go figure.
Yea heading lower----my advice SELL!
FOLKS ANY PREDICTIONS HERE???
Love it when they release PR's about an acquisition but no company name.
they never leave out though $$ amounts.
That boy just won't go away. I wonder how hard it was to not claim an MBA in his bio (which, as we all remember from our reading of the trial documents, turned out to be fiction even though he included it in a number of SEC filings). I'm thinking it was real tough, especially after I read this:
Bust out laughing or vomit uncontrollably?
http://www.linkedin.com/pub/scott-sand/67/705/85a
Scott Sand
CEO at Saras Corporation
Rough And Ready, California (Yuba City, California Area)
Medical Devices
View Scott's full profile
Scott Sand's Overview
Current
CEO at SaraS Corporation
Past
CEO at Medcentrex
CEO at Ingen
Education
California State University-Long Beach
Sierra College
Connections
443 connections
Scott Sand's Summary
Scott Sand has a diversity of experience as an investor specializing in the structuring, and provision of capital to small and developing OTC QB/QX and PINK sheet companies and is uniquely positioned to fund long-term growth strategies through a variety of funding arrangements. As a CEO and investor both domestic and abroad which spans more than 35 years, his contributions and accomplishments have been published in the Los Angeles Times, Press-Enterprise and the Sacramento Tribune. He has been the recipient of many recognition awards by high honored factions such as the United States Congress and the California State Assembly; receiving the highest Commendation in the County of Los Angeles for his contributions to health care and medical technology. He was awarded by the California State University Business Department as the nominee for the "Entrepreneur of the Year-2009." Mr. Sand served as the CEO of Medcentrex, Inc. for 10 years, CEO & Chairman of Ingen Technologies, Inc. for 12 years, and is presently the President and co-founder of SaraS Corporation.
Scott Sand's Experience
CEO
SaraS Corporation
March 2012 – Present (2 years 3 months)
Medical Device Manufacturing
CEO
Medcentrex
May 1991 – September 2011 (20 years 5 months)
Medical Device Manufacturing
CEO
Ingen
April 1998 – February 2011 (12 years 11 months)
Medical Device Manufacturing
Scott Sand's Projects
Awards
Team Members: Scott Sand
Spigot wide open. 30 million in 12 days...
I believe it
absolutely true. read closely and apply what you know about Sand and Ingen. That statement is rock solid true.
""Ingen's Telecom Division Begins Generating Profits From Its First & Second Round of Financings""
But it is profitable!?!?
Whoever Scott borrowed money from and I noticed they are already unloading there shares, poor fools picking up worthless IGNT shares.
21 million 36 new shares. Wonder who got the 36?
About time for some more PR BS from Scott Sand and IGNT. Gotta keep those shares sellin.
Perhaps WE too should move over to the DARK SIDE?
As long as they can sell
what they need to above .001, there's no PR's. As soon as it slips into the triple 0's, magically a PR appears.
Look at the chart for the past year. The dips into the trips are usually brief--and if you cross reference it with the PR's, there usually is a PR released coinciding with the bounce.
Sand and ATMC are feeding their shares out into the market.
But then again, the stated purpose of the ATMC "acquisition" according to the 8k was to raise $5 million.
Looks like Scott Sands is hitting up the IGNT ATM again. Watch out tomorrow millions of shares will be sold, Scott needs the money.
You must of hit a nerve stockmaster because Scott Sands (Highlandmike) found it necessary to correct you with his smoke and mirrors logic.
Read the latest filings, i.e. 8-Ks, quarterly reports, etc. They all make it clear. Here's a quote from the Q: "In accordance with Georgia and Nevada General Corporation Law, the Subsidiary Company shall be acquired by Parent Corporation. Subsidiary Company’s separate existence shall remain in effect after the date of acquisition and until receipt and satisfaction of receiving, in full, the $1,500,000 (One Million Five Hundred Thousand Dollars) purchase price."
Today's PR is about ATMC getting some more of the agreed upon payment price via JSJ. IGNT will gain full control over ATMC revenues after that is satisfied.
Step by step.
Read the filings.
IGNT
If Ingen does not yet own ATMC
Why is it being referred to as "Ingen's telecom division"??
Why is Ingen stock being used to finance a company it does not own??
Why is the SAFE HARBOR statement bolded. Ingen cannot claim safe harbor protection BOTH because, penny stocks are not allowed safe harbor protection and the SEC FRAUD JUDGEMENT against Ingen precludes Ingen from claiming Safe Harbor protection?
http://ih.advfn.com/p.php?pid=nmona&article=61929993&symbol=IGNT
The concept was brilliant, but the management was not :(
The product has been stored in a garage for 5 years
those "steal" springs have got to be showing signs of corrosion by now
I'm not claiming to be a guru. This stock has had nasty splits, but also offered opportunities along the way. I still think Oxyview is a great product and much needed especially in developing countries where air pollution is bad and many people are on oxygen. We have many using tanks right here in the great USA.
Nothing like throwing Nedvitt and Tilden to the dogs. Scott you reach any new low to make a buck won't you. SAD!!!
righlife some of the stock I have has been split 3 times and is worth nothing, so you're a pup compared to me.
It hasn't made moves for awhile, but look at the last CEO
WTF does this mean?
Nobody said it would happen overnight. How long have you followed this company? Five years for me. This stock has made huge moves with sub par management. Now with a better captain I see $$ in the future. If you don't know, don't waste your time here.
righlife your too funny, look at today move, nauda, nicht, nothing! What a joke.
The engines are fired up! Ingen is back baby!! $$$$$
Have fun.
There's evidence all over online :)
Try doing some DD ;)
Hey s.k3 gotta movie for you to watch, it's called Boiler Room. It's based on fact and not BS like you're trying to force feed me.
I can guarantee you that it has been acquired.
Simple logic and research confirms it.
The TA agent released to be 8.1 billion acquired shares that are RESTRICTED.
This is new. And can be confirmed. You can even ask her what new company owns it.
Again s.k3 if you do your due diligence you'll find out a least 2 other companies have acquired this turkey before. (they were bogus as well) I have to laugh that the so called "new" CEO's name is Chris Hanson, curiously the same name as a TV investigative reporter. Now ask yourself is this for real or not, remember this company is based in Kalifornia. Punt intended.
This is going skyrocket soon, new CEO going to turn this ship around IMO, good luck everyone!!!
I'm not sure you understand. The past history doesn't matter, it got acquired by another company. New owners now.
Hey s.k3 I have been following this joke of a stock for several years now and all you have to do is scroll back on the comments made over the years to know everything currently said is bogus. Let me just point out a few facts, the canoodles you speak of are sitting in a storage garage close to where Gary Tilden lives. They haven't made a production run in several years. The communication company in partnership with IGNT has been in bankruptcy and has no assets with an address of someones home. In a few months this turkey will be sitting in the same location or less value it is sitting at currently. It is and always has been Scott Sands personal ATM, when you realize this you will move on or s.k3 is really Scott himself doing what he has done before, self promoting.
It doesn't matter, they don't own the company anymore...the new owner that has controlling interest has the new say!
MERGER!
Marijuana incubator group is the new owner
Due to Ingen's history and the criminal record of it's largest stockholder I do not believe anything that comes from them.
Key words "agreed" & "should".
I look at the 2.5 million in financing the company just got! That values it way higher. The company that gave the financing has obviously aquired shares 3 minutes before market open
The only word in all that that has any meaning is SHOULD as in
"should result".
Secondly, now that they are claiming that the Canoodle business is profitable they are looking to sell it?
Whatever - it no longer works as the pps and volume attest to!
Dont you find it odd
That ignt shares are being sold to support a venture it does not own?
Ingen continues to entertain. The gang that can't write straight. LOL! Who comes up with this stuff? From today's press release:
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