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Very nice day for POPN +83% on 31,291,682 shares traded Congrats to all who got in.
Very nice day for POPN +83% on 31,291,682 shares traded Congrats to all who got in.
Vertigo Continues Progress towards Opening
Press Release
Source: Vertigo Theme Parks, Inc.
On Wednesday June 24, 2009, 10:58 am EDT
Buzz up! 0 Print
Companies:Vertigo theme parks
BOCA RATON, Fla.--(BUSINESS WIRE)--Vertigo Theme Parks, Inc. (Vertigo) (Pink Sheets:VTPK - News) a theme park company featuring Adrenaline Rush Adventures, today announced it continues to be persistent in its efforts towards opening its Vertigo Theme Parks-Buga later this year. These tough financial times probably make even the most optimistic person wince at the thought of starting a new business. That apprehension, though, may not be warranted. “An ugly economy doesn’t last forever,” reminds Jerry Merola, an ex-commercial banker and now chief financial officer of Amusement Entertainment Management LLC, in East Brunswick, New Jersey. Developing a Theme Park Destination from scratch can be a long process. From initial preparation to the first guests through the gates can run from 18 months to many years, says John Gerner, managing director of the Richmond, Virginia- based Leisure Business Advisors LLC. “Anything planned now is hopefully opening during the next up cycle,” he notes.
Related Quotes
Symbol Price Change
VTPK.PK 0.0350 -0.0100
{"s" : "vtpk.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""} In fact, some analysts believe the economy appears poised to rebound. Some experts expect 2009 to be a bounce-back year. That surge and comeback would more than likely spill over into the entertainment industry. “There’s always risk in starting a new business, but often risk goes in relation to reward, attractions, like Theme Parks, when they’re done well and they’re popular, can be quite profitable,” stated Kevin Johnson, Vertigo’s CEO.
Experts all agree that a good Feasibility Study, Financial Plan and Partnering with the correct third parties makes the difference as to whether a new Theme Park Destination makes it or breaks it. “We believe Vertigo Theme Parks-Buga has all the ingredients needed for long term success. Our feasibility study shows we are directly on track with literally millions visiting the area already and tens of millions located with just a few hours flight time, the analysis shows clearly that the market opportunity exists, and that an opportunity is there. Partnering with Industry Leaders has provided a terrific opportunity to execute our financial plan and build tremendous share holder value, and thus we must remain patient and stay focuses at this time. We have also partnered with some of the best in the industry including Interactive Rides and Chance Morgan,” further stated Johnson.
About Vertigo Theme Park-Buga
Vertigo Theme Park-Buga is located in Estancia which is located only two miles from the famous pilgrimage city of Buga, Colombia. This old city serves as a pilgrimage center for over 2 million visitors a year that arrive from the different towns and cities of Colombia and the rest of the South and Central American to visit the Basilica de Buga, home to the sacred shrine "EL Senor de Los Milagros". In Buga, besides the visit to the Basilica, there are currently few other activities for visitors. Vertigo Theme Park-Buga will serve as the new tourist magnet to keep visitors in the area.
Vertigo Theme Park-Buga will see the launch of a new kind of Theme Park, a "Mixed-Use Development", combining many diverse elements in a synergetic fusion. The site will occupy more than 200 Hectares of land. Vertigo Theme Park-Buga will be a Theme Park of international standard, a driving force generating a high profile and the capacity to attract from an immediate demographical area of 5 million people that reside within a three-hour radius, 20 million that reside within five hours and 200 million that reside in the surrounding countries. The Park has been built to handle a maximum capacity of 12 million visitors per year.
A series of other commercial enterprises compliment the park. The entrance to the park lies with a unique far east style shopping center which encompasses more than 70 retail locations and 90,000 square feet of casino and gaming space for kids and adults. The concept envisions a mix of elements within the building. Their relative dimensions and the logistics of their harmonious coexistence working together seamlessly. Vertigo Theme Park-Buga will also serve as our "prototype" model which Vertigo will fine-tune, it is a dynamic blend of relaxation and entertainment all influenced by some of the most interesting and successful international architecture and cultures in history.
Colombia's population is estimated at 44 million with a population growth rate of 1.5% per year. About one quarter of the population lives in rural areas. Natural resources are plentiful, and include agricultural land, water for irrigation, energy resources (oil, natural gas, and coal), and minerals such as nickel, gold, and emeralds. Colombia has a significant advantage in terms of its location: it is close to North America with coasts on both the Pacific and Atlantic Oceans. A wealth of physical resources, a literate and dependable work force, a robust private sector, competent macroeconomic management, and political stability are major factors that have explained Colombia's good record of economic development and social improvements over the last 30 years. Colombia is considered a medium-sized country in northern South America, sharing borders with Venezuela, Panama, Ecuador, Peru, and Brazil. Colombia’s economy improved markedly in 2006, due largely to recovering coffee prices and President Alvaro Uribe’s strict financial policies. There was increased foreign direct investment in the Colombian economy in 2005 and 2006, improving the major economic indicators by an impressive 4 points. President Uribe’s economic and security policies continued to gain approval from Colombians and he was granted the right to run for a second term by a constitutional court. Besides fitting all the criteria of our business model Colombia was chosen as the first park location for many other reasons, some of the additional reasons are;
First park in South America built to a global standard
There is an estimated 22 million people in Colombia under the age of 25
Colombia has been nicknamed the “Happiest Country in the World”
Colombians are known to spend 16% of the gross income per year on entertainment
Colombia moves holidays to facilitate long weekends, 15- 3 day weekends per year, 3 holidays that last 1 week or longer.
The area chosen in Colombia already has over 2 million people visiting per year
Colombia is currently undergoing a massive updating to its highway systems
Vertigo Theme Park-Buga will feature “Vertigo Force”, a roller coaster which creates a tremendous thrill and Adrenaline Rush for its riders while setting two world records. The first record; “fastest launch coaster in the world”. After leaving the loading station Vertigo Force launches via a Stored Energy Source which is powered by a Pneumatic Air System, up 320 feet at over 100 MPH, crest the mountain top and creating a feeling of zero gravity. Vertigo Force then accelerates down the mountain side at over 130 MPH. Vertigo Force has four areas of zero gravity and sets a second world record in its length, which is more than 8,500 feet. After twisting, turning, inverting and then coasting the remaining track which loops the park twice the roller coaster remains at over 60 miles per hour as it enters the loading station. Even the ending creates an Adrenaline Rush. The coasters capacity is 1,200 per hour on 35 second dispatches. There will be four vehicles. Vertigo Force was custom designed by Interactive Rides, Inc. to lie unobtrusively within the mountainous range where it is installed. Vertigo Force actually uses the natural terrain to add to its Adrenalin Rush, making it the first roller coasters of its kind.
Vertigo Theme Park-Buga also features the “Frequent Faller”. This coaster lifts a 4-passenger vehicle vertically to a 100 foot height where the passenger cart heads straight out from the vertical center of the ride down the track and drops suddenly 20 to 30 feet, then goes backward or around the vertical center of the ride where at some unknown point the ride drops again suddenly. This is repeated again and again as the vehicles moves its way down the “Frequent Faller” coaster track. This coaster is unique because it takes up a small footprint, yet offers multiple free fall drops as it winds its way down the coaster track. Another important feature of this ride is that the passengers always remain face up, and do not go upside-down at any point during the ride. The passenger vehicle pivots as it drops and rotates throughout the ride. This ride offers the excitement of a traditional ride with the high thrills of a major coaster and drop towers!
Vertigo Theme Park-Buga will also have a family coaster which will stand at more than 150 feet high and travel over 2500 feet of track. The Parks fourth Thrill Ride is a “Launch Tower” which launches straight up 185 feet and is programmable to be powered in both up and down directions. There is a Chance Double Decker Merry-go-Round and the Chance Revolution 32 Pendulum Ride. All together the Park will feature 17 rides for all ages and likes.
Vertigo Theme Park-Buga will also feature an Eco-Equestrian Center named “Plaza De Toros” featuring daily Andalusia Horse Shows, a performing arts center named the “Can Can” which conducts shows by performers from different cultures around the world. There will be daily bird shows featuring parrots. There are many more attractions planned for the Park including a concert stage and reality shows.
Vertigo Theme Park-Buga will create a large social economic impact on Colombia. The park will ultimately add many thousands of jobs to the countries work pool. It is our belief that these jobs will aid in Colombia’s economic recovery and will provide jobs in much needed rural areas. The project will also provide temporary jobs in the US regions where the roller coasters and other rides are being manufactured. The project will provide more than 40 million dollars in economic benefit to those areas.
Vertigo Theme Park-Buga received final approval of its entire plan from the Municipal Government of the City of Guadalajara De Buga in July of 2007 and is planning for a grand opening in later 2009 or early 2010.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
Alkane, Inc. Announces U.S. Patent Filing on High Energy Synthetic Fuel
Press Release
Source: Alkane, Inc.
LUTHERVILLE, Md., June 24 /PRNewswire-FirstCall/ -- Alkane, Inc. "Alkane" (Pink Sheets: ALKN - News) announced today that it has filed for a U.S. patent on its newly developed high energy synthetic fuel, Syn-Fuel. Syn-Fuel is the operative ingredient in the company's flagship product, diesel fuel additive Monster Diesel(TM), which started shipping earlier this month.
http://www.newscom.com/cgi-bin/prnh/20090624/PH37507LOGO> )
According to the Energy Information Administration's International Energy Outlook 2008, the world "will require 50% more energy in 2030 than it did in 2005 ... almost all of which will be derived from synthetic and bio fuel sources." Alkane's proprietary Syn-Fuel will surely play an integral role in this transformation.
A quart of Syn-Fuel containing additive, Monster Diesel(TM), imparts to diesel fuel the energy equivalent of 25 gallons of regular diesel fuel. This revolutionary quality seems destined to place Monster Diesel(TM) at the forefront of the energy revolution -- ahead of even Ethanol, which actually contains significantly less energy than regular gasoline and therefore has the opposite effect when added to fuel. When one part of Monster Diesel(TM) is added to 1,000 parts of diesel fuel, the energy density of the diesel has been shown to increase by 9.9%. This boost in energy contributes to an increase of mileage per gallon by as much as 15% for both on-road and off-road diesel engines.
"The development of this Syn-Fuel, like Nobel's invention of dynamite, is simply the stabilization of Nitro. But, like dynamite, the Syn-Fuel has the capacity to have an impact of similar magnitude on our society," said Mathew Zuckerman, Ph.D., CEO and President of Alkane. He went on to say, "The explosive power of Nitro in Nitroglycerine and in the gaseous product Nitromethane used in drag racing is well known. What Alkane has done is harness the power of Nitro in a liquid form to use as an alternative fuel. The ramifications of this proprietary technological breakthrough will have a similarly long lasting impact on our world."
Other benefits of Monster Diesel(TM) include:
Instant impact -- Turns black smoke to white
Less down time -- Metal to metal wear reduced by almost 40%
All year fuel -- Sub-zero operation without plugging filters
Price not dependent upon crude -- Made from feedstock rather than crude oil
About Alkane, Inc.
Alkane, Inc. is dedicated to the development and sales of alternative fuels and additives which reduce the cost of operating and maintaining vehicles. Additional benefits of Alkane, Inc.'s product offerings include positive environmental impact through the reduction of harmful emissions and a lessened U.S. dependence on foreign oil due to a decrease in crude oil dependent diesel fuel consumption.
Visit [url=http://www.MonsterDiesel.com]Monster Diesel> for more product information, news and analysis, and information on how to order Monster Diesel(TM) branded products.
Monster Diesel(TM) and its logo are trademarks of Alkane, Inc.
For More Information Contact:
For Alkane Inc.
Investor Relations: Media:
Tom Nelson Matt McLoughlin
Ten Associates LLC Gregory FCA
480.326.8577 610.642.8253
[email]matt@gregoryfca.com[/email]
ALKN off to a nice start this morning currently .14 support is .12 and the 50 MA line of .10 Next major resistance is .20 and .21
Nice day for SLAT congrats to all who got in on the alert. Support is .72 and the 20 MA line of .65 Resistance is .84 with nothing above.
Radar this one one recent volume after a long period of no activity Something is up here imo.
Nice comeback today Closed up 39.24% Support is .01 and .007 Resistance is .02 .028 and .03
LOL Great post my woofer friend and congrats on the trade i hope that you make some big bones.
A very nice day for VTPK Volume has been increasing steadily over the past week Support is .04 and the 20 MA line of .034 Resistance is the 50 MA line of .45 next up is .05 .55 and a possible test of .08
A very nice day for VTPK Volume has been increasing steadily over the past week Support is .04 and the 20 MA line of .034 Resistance is the 50 MA line of .45 next up is .05 .55 and a possible test of .08
The chart is setting up nicely on this one imo Support is the 20 MA line of .64 which needs to hold imo Res is .72 and .84
The chart is setting up nicely on this one imo Support is the 20 MA line of .64 which needs to hold imo Res is .72 and .84
Crystal Announces Financial Info for Downtown River District Revitilization
Press Release
Source: Crystal Properties Holdings Inc
On Monday June 22, 2009, 12:27 pm EDT
Crystal Properties Holdings, Inc. (Pinksheets: CPHG) continues it internal talks and implementation of multiple funding sources for the Rockford River District Revitalization program identified as the RockRiverLive ([url=http://www.rockriverlive.com]Rock River Live - Something NEW in Rockford, IL>) which includes many funding sources.
Union leaders (such B.C.T.C. President Brad Long and Business Manager Tom DelSanto of the Laborers International Union of North America) are working closely with Crystal Properties financial team to be one funding source. The CEO of Crystal Properties Peter Anello stated, "The initial talks of project funding under the Unions Pension Program is still viable because of the magnitude of this project but clearly not the only sources. The initial project is anticipated to be funded through a combination of sources which include the use of some cash on hand, traditional and private financing, available grant monies and other tax incremental financing programs.
Further, Mike Robinson, the President of Robinson Brothers ([url=http://www.robinsonbros.com]ROBINSON BROTHERS>) has been working closely with Crystal properties and the City of Rockford's ([url=http://www.rockfordil.gov]Welcome to The City of Rockford Website>) financial teams which have included Mr. Reid Montgomery (Executive Director of Community & Economic Development Department), Mr. Richard May (Commercial Development Coordinator) and Wayne Dust (Planning Administrator) for such special programs as Rivers Edge Program, Tax Incremental Financing (TIF) and Federal Brownfield Programs.
About Crystal Properties Holdings, Inc.
The Company is focused on aggressively purchasing and selling discounted real estate, real estate portfolios and underdeveloped properties from individual investors, financial institutions, developers and banks.
For Additional Information, go to the Website: [url=http://www.crystalhg.com]Crystal Properties Holdings, Inc. - Company Overview>.
This press release contains certain "forward-looking statements" within the meaning of federal securities laws including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions. Although the Company believes that the statements were reasonable when made, these forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, without limitation: competitive and general economic conditions, adverse effects of litigation, the timely development and acceptance of our products and services, significant changes in the competitive environment, the failure to generate or the loss of significant numbers of customers, the loss of senior management or increased government regulation.
Contact:
Contact:Pete AnelloEmail Contact
NTRO Video chart
http://www.screencast.com/t/1KczkCRbGw
NTRO News
Monday June 22, 2009, 8:00 am EDT
Nitro Petroleum Incorporated (OTC.BB: NTRO) is pleased to announce that it has finalized the purchase of a working interest in two gas wells in the Bigoray area of West Central Alberta. On June 18th, Nitro Petroleum announced that they were in final negotiations for this project, which was expected to produce about 570,000 cubic feet per day or approximately 100 barrels of oil equivalent per day. The operator based this estimate on the fact that the first well went on line at 400,000 cubic feet per day and the B well would produce approximately 200,000 cubic feet day.
Nitro is pleased to report that the operator has just concluded its initial testing of the B well and it has tested at 530,000 cubic feet per day with 12/bbls of liquids per day. The liquids contain propane, butane and light gravity oil which will be sold at a 15% premium to the daily price of crude oil. The Operator reported that they expect the well to stabilize in the next week or two to get a final accurate flow rate.
Larry Wise, President of Nitro, stated, "This news on the B well test could possibly double the expected production on this 2 well project. We are in discussions to participate in the Operators entire portfolio of properties in Alberta, Canada. The Operator owns 11.5 kms (approx. 8 miles) of there own pipeline and other oil and gas infrastructure which will speed up tie ins of several other prospective wells."
About Nitro Petroleum: Nitro Petroleum Incorporated is an independent, energy company engaged in the acquisition, exploitation and development of oil and natural gas properties in the United States and Canada. Nitro's objective is to seek out and develop opportunities in the oil and natural gas sectors that represent a low risk opportunity. As well, Nitro aims to define larger projects that can be developed with Joint Venture partners. More information about the company is available at www.nitropetroleuminc.com.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. We do not intend to, and undertake no duty to, update any such forward looking statements to reflect the impact of circumstances or events that arise after the date such forward looking statements were made.
Contact:
Contacts:Nitro Petroleum IncorporatedInvestor RelationsToll Free: (888) 805-NTROinfo@nitropetroleuminc.comwww.nitropetroleuminc.com
Was nice to see this one green again today +20% on 2.4 million shares traded.
Support is .0388 which needs to hold imo Resistance is .05 and .06
IGNT video chart
http://www.screencast.com/t/WFS1z5iL
A very nice move for the stock today up 26% on almost 70 million shares traded Congrats to those who got in. Next resistance is the 50 MA line of 2.58 if we get through that we could possibly test the next resistance area of 2.80
This one seems to have woken up the past couple of days Get this one on radar for a break above the 20MA line of 2.01 after that i see no major resistance until the 50 MA line of 2.62 Support is 1.82
Fingers crossed. Good luck to all.
.000 players this one has been deader then a hammer for a long time now and had a huge volume spike today. Get this one on radar If you decide to trade it i suggest hitting the bid and make sure that there is plenty of volume to be able to exit the play.
Smokefree Innotec, Inc. Products will Utilize Filters which Meet European and
NASHVILLE, Tenn.--(BUSINESS WIRE)--Smokefree Innotec, Inc. (Pink Sheets:SFIO - News) (Welcome to the Future - Smokefree Innotech Inc.) today announced that it has received confirmation that the filter cartridges which AHN Biotechnologie GmbH will produce in Germany for the imminent launch of Smokefree Innotec’s smoke-free, electric cigarette are in compliance with the rules of the European Community and conform with the recommendations of the German Federal Institute for Risk Assessment and the US Food and Drug Administration. The filter cartridges are recognized as safe (GRAS) under these regulations as they are neither carcinogenic nor otherwise harmful to human health. According to Smokefree Innotec Vice President, Manfred Bogaert, “Our collaboration with AHN Biotechnologie GmbH will facilitate the upcoming launch of the World’s first, completely smoke-free, electronic cigarette in a worldwide total tobacco related products and tobacco substitutes market estimated to be $1.8 trillion per year.”
Smokefree Innotec, Inc. is in the business of designing, developing, manufacturing and marketing a hi-tech, smokeless tobacco innovation. Our Patent Pending, odorless cigarette-style electronic device utilizes a liquefied, vaporizable depot of a raw, unmanipulated extract of tobacco. Smokefree Innotec’s products are designed to protect the non-smoker from second hand smoke and all its effects while providing the smoker a way to enjoy a smoke-free cigarette anywhere, including places where smoking is prohibited. Further, our products will allow the smoker to enjoy smoking while not having to worry about the dangers and ill effects of regular cigarette smoking. Please visit our website Welcome to the Future - Smokefree Innotech Inc. for more information about the Company and our new product.
A number of statements referenced in this Press Release are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this Release may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions “may,” “could,” or “might” occur. Such statements reflect the current views of Smokefree Innotec, Inc. with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. Smokefree Innotec, Inc. does not undertake any responsibility to update the “forward-looking” statements contained in this news release.
Contact:
Smokefree Innotec, Inc.
Russell Kidder, 702-418-4619
SOHM Signs Exclusive Distribution Agreement for Generic Pharmaceutical Sales in the Philippines
Robust Sales for Generic Pharmaceuticals and New Generic Drug Launches Expected to Increase Revenue for the 3rd Quarter 2009
On Tuesday June 16, 2009, 7:00 am EDT
BUENA PARK, CA--(MARKET WIRE)--Jun 16, 2009 -- SOHM, Inc. (Other OTC:SHMN.PK - News), a generic pharmaceutical manufacturer that produces and markets generic drugs covering all major treatment categories announced today that the Company has signed an exclusive distribution agreement for generic pharmaceutical sales in the Philippines. The company expects steady sales increases in the 3rd quarter of 2009 due to purchase orders for generic pharmaceuticals and new generic drug launches. The Philippines pharmaceutical market is valued at US$1.8 billion per year and is growing at over 10% annually making it a viable international target market.
"SOHM is working to achieve our best 3rd quarter in the Company's history with a strong performance in the Philippines and strong results in our other international markets like India," stated Shailesh Shah, Vice President for Corporate Strategy at SOHM, Inc. "Based on our first-half results, as well as our outlook for the remainder of the year, we're raising our 2009 forecast for both sales growth and earnings-per-share."
About SOHM, Inc.
SOHM, Inc. is a generic pharmaceutical manufacturer that produces and markets generic drugs covering all major treatment categories. Global headquarters is located in North America with manufacturing sites in India. Generic pharmaceuticals are exported globally with a focus on distribution in emerging markets in Africa, Latin America, and Southeast Asia. Quality Generic Pharmaceuticals - SOHM Inc.
Safe Harbor Statement
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of SOHM, Inc., and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Contact:
For more information, please contact:
SOHM, Inc.
Investor Relations
(714) 522-6700
Email Contact
Great day gang congrats to all who is in.
Congrats to all who took advantage this mornings alert closed up =22% Support is 1.60 and the 20 MA line of 1.56 First major resistance is 1.89 next up is 2.20
Congrats to all who took advantage this mornings alert closed up + 22% Support is 1.60 and the 20 MA line of 1.56 First major resistance is 1.89 next up is 2.20
Ingen Expects Profitability in the Fourth Quarter 2009
On Monday June 15, 2009, 5:12 pm EDT
YUCAIPA, Calif., June 15, 2009 (GLOBE NEWSWIRE) -- Ingen Technologies, Inc. (Pink Sheets:IGNT - News) a leading Medical Device Manufacturer focused in the $8 Billion global Respiratory Markets for the growing aging population and emerging markets for Home (DME), Hospital and Aviation Industries, announced today that the company expects to be profitable within the 4th quarter of this year.
The company accountants have initiated the preparation of the financial and disclosure statements for an early filing in June-2009. "Our accounting team has already begun the financial preparation for filing our May 31, 2009 Year-End statements and disclosure. This will be filed on or before the end of June-2009," stated Thomas J. Neavitt, Chief Financial officer of Ingen Technologies.
The company continues to make strong progress i.e. strengthening their intellectual property, export sales, and global distribution/OEM partnerships while introducing their new respiratory product line and reducing debt.
"Despite the economic challenges that we faced at the time we began to market our new respiratory products in 2008, we continue to make great strides to point Ingen in a direction of strong earnings and a more realistic market value. The global medical community has become aggressively responsive to the importance of Oxyview and the economical and therapeutic advantages it can offer to our ailing COPD patients worldwide. The company expects to be profitable in our upcoming fourth quarter," stated Scott R. Sand, Chief Executive Officer and Chairman of the Board.
About Ingen Technologies/Oxyview:
Ingen is an established medical device manufacturer with an emerging new medical product line for the respiratory market worth an estimated $4 Billion in the U.S., and $8 billion globally. The company introduced Oxyview into the respiratory market in late 2007 after securing U.S. and Foreign Patents and successful licensing with the Food & Drug Administration, and has commenced domestic and global distribution with manufacture representative organizations, and OEM partners. The company has also introduced the new Oxyview-Nasal Cannula in June-2009. In addition to selling its respiratory products within the global medical industry, the company is selling the same products within other industries that include aviation, automotive, emergency response, military and government transportation. The company holds a Device Manufacturing License with the State of California, Department of Public Health, Food and Drug Branch as it manufactures all of its respiratory products in the United States. There are 32 million US patients with Chronic Obstructive Pulmonary Disease (COPD), and 600 million patients worldwide. Ingen Technologies is now the largest manufacturer of in-line gravity-independent oxygen flow meters.
The Ingen Technologies, Inc. logo is available at GlobeNewswire, Inc.
Ingen Technologies,Inc. - Home
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:
Ingen Technologies, Inc.
Chris Wirth
909-790-7180
info@ingen-tech.com
Ingen Technologies,Inc. - Home
No iam not but the stock sure has been nice today. Congrats to all that got in and remember to take profits when avail.
Good luck to all.
I like this one on a break of the 50 and 20 MA lines of 1.53 and 1.55 should we get through them we could possibly test the next resistance level of 1.60 Resistance after 1.60 is 1.89 and 2.20 followed by the 200 MA line of 2.24
Im sorry but i don't understand your question.
Nitwit i must agree that the smart money on SPNG has certainly been on the long side since the first part of MAY Good luck to all.
Yup thats the place i was referring to Im sure glad that your signature is on the post unstead of mine lol.
Im not trying to stir a hornets nest here but many if not most OTCBB and pinksheet stocks can be shorted Email me for details as i will not explain here for the world to see and take a chance on damaging this stock and harming shareholders. My contact info is in my signature.
My contact info is in my signature.
The purpose of my video chart as stated in the video is to educate members on what i see happening with the stock I have been flooded with well over 100 emails and pm's since yesterday asking my advice on SPNG so i felt it was best to do a video chart on the stock and make it public. I don't know what you are so fired up about as i don't remember saying anything negative about the stock I simply stated to set a mental stop. I have Many people throughout the forums that know me well enough to know this would be my suggestion no matter whether a small cap or a large cap stock Get out when a stock goes through a support level and look for a possible better entry at a lower price, Cut small losses before they become large losses. There is nobody trying to get your shares I currently do not have nor have i held a single share in this stock for over a year and maybe 2 years nor do i plan on chasing this stock to buy shares and no i am not being compensated in any way. (Thats just my style each to his own)
Good luck to you.
Chuck44l
SPNG Video chart Give it a few seconds to load.
http://www.screencast.com/t/jGHPftOXR
SPNG Video chart Give it a few seconds to load.
http://www.screencast.com/t/jGHPftOXR
Wow that was clear back from June 4 Yup them levels are history I rarely hold these over a day or two. Next resistance for anybody that may still be in the stock is .325 .30 and the 50 MA line of .301 Congrats to all who rode this and took profits near the .55 area.
JERSEYHAWG Give it a few seconds to load and then you will see a push to play button in the middle of the screen it also has an enlarge button for better detail Try it again and please let me know if it worked for you or not. Chuck