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Crups I think you are correct. Whelan is a penny stock loser who's been around a while. If he's selling, that's probably a good sign for the stock as based on his track record, if he's buying its a bad sign...
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ATN Enterprises, LLC
Interesting as they paid for some of the promotional campaign for Axis. I wonder how this will play out...
http://www.sec.gov/litigation/litreleases/2007/lr20302.htm
Train wreck leaving the station today. LOL! Perhaps the stock would do better without the press releases, eh? Wonder why no buying hysteria has taken place. Must be a conspiracy I think. Or maybe it has something to do with the 'uplisting' bandied about again, for the only the nth time in the past few years even when all the required filings are *still* not complete (see reference to missing 8-K in last filing). I wonder how the 10K oxyviews were delivered to Mass. Sand driving the 'ambulance' across the country, passing out samples along the way? Sort of a modern day Johnny Appleseed, but going the opposite direction. So we are still missing an 8-K, a 10-Q for the most recent quarter ought to be due soon if not already, still have some missing reports on officer ownership of shares I think, still need to up the authorized share count back to 500 million or so (I'm sure that will help the current hapless common shareholder), and I still can't conjure up an Oxvyiew on the InvacareSupplyGroup website.
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Distrubuted. On coarse. Varified. Steal Molds. Saftey. You'd think they might do better if they didn't have any press releases at all. This recent two-banger re-release of last month's news certainly hasn't helped the stock price any. Crupps, you are the only coherent poster left with any inside scoop. Sup with all of this?
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I can never remember. How does one know if it is the hedge funds, the evil market makers, the offshore naked short sellers, the unscrupulous Canadian stock promoters, the death spiral financing, or some combination of the above that is holding a good stock down?
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Gee Crupps, I've been to the InvacareSupplyGroup's website many times. Each time I go there I use the search function to look for Oxyview, but I never seem to find it. Why is that? As for bashing you, of course I would. I suspect it would be well deserved, and humorous as well. Share your scoop, and let's see...
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Gee Crupps, you sound as if you have the 'inside' track on things. Care to share what you've been told, so we can track the reality of it?
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Distrubuted [sic] by Invacare. LOL! The gang that can't type straight strikes again.
http://www.prnewswire.com/mnr/ingen/29565/docs/29565-OxyView_Ad_91207.pdf
I thought this was a done deal last month, why are misannouncing it again? And why can't I find the Oxyview on InvacareSupplyGroup's website?
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When folks are stumblin', in your neighborhood. Who ya gonna call?!? FallBusters!!!
Why do I get this picture in my mind of Sand driving the $145K souped-up ghostbuster ambulance down the street, theme song blasting, tossing handfuls of OxyViews to passersby, carrying a SecureBalance on his back? Between that, and all the fly-by-night websites listing the product, OxyViews ought to be flying off the shelves.
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You know as well as I do that mindless bashers are too lazy to make phone calls. However, my question was hardly bashing, and certainly not mindless. The company stated they had an exclusive distribution agreement with one company, yet that company doesn't show their product on their website, while countless others do. Seems like a reasonably, well-thought-out question to me as to why this is. Why don't you share your fruitful results with the rest of the hapless message board readers, perhaps you could intice someone, anyone, to buy a few shares. LOL!
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Maybe after you two get done patting each other on the back, one of you can explain why all these fly-by-night websites can be advertising 'da Oxyview, but the distributor with exclusive rights to it doesn't. Something just ain't quite right there, if you get my drift.
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Nice! This stock is just too much! A triple since I last posted. Another baseless revenue prediction in the news. $4M in sales in the next, what, 18 months or so. At $47/ballast, that 1000 ballasts a week! It took 6 months to sell 1000 ballasts so far this year, but I'm sure it will be no problem to ramp that up a bit.
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LOL! You must be the guy that helps Sand with his writing!
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What about the $41,606 in Leasehold Improvements? I thought Sand rented his house to the company. Perhaps they needed a bigger garage for the 'car'?
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Is this right Sand? The 'car' is actually some kind of souped up ambulance used for trade shows? Why am I getting a picture of the GhostBuster's mobile in my mind? Well, nice, let's get a picture of it on the website. What's the traveling schedule? I might want to check it out firsthand. Would you be giving away Oxyview samples at the shows?
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Romping around pretty good today on no news and no weenie posts. Hmmm, a promotional/manipulation scheme getting started? I missed the signs, and we even had a post on the board that should have alerted me. I'm slipping. Even I like to buy stocks with slim to none chances of making money if they have a good story and a good promotion!
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For a company hell-bent-for-election to sell OxyViews, it sure seems strange that it doesn't show up in the database of the exclusive distributor.
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I'm still chuckling over the $145K in vehicle expenses. LMAO! Don't the board of directors have a fiduciary responsibility to the shareholders?
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Sand, could we get a picture of the car posted on the website? If it's a convertible, you could fill the back seat up with some Oxyviews, assuming of coarse [sic] that enough exist to fill it.
Feel free to pose in the photo also, and ask the rest of the gang to join in.
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Who's in charge of the filing requirements, anyway? This from the 5 June 2007 press release entitled 'Ingen Builds A Strong Foundation':
"...In addition, the company has completed the required SEC filings to be fully compliant with its periodic reporting obligations..."
But now we find out there is still a missing 8-K. Perhaps an 8-K is not considered a 'periodic reporting obligation'. WTF?
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LOL! Maybe it's only one car. A really speedy one!
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Leasehold Improvements for 2007: $41,606. For 2006: $32,047
What exactly are 'Leasehold improvements'? Fixing up the home office? Installing shelves in the warehouse? What?
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LOL. The gang that can't file straight. Looks like we are still waiting on Mr. Gleckman and Mr. Neavitt...
SECTION 16(a) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE
Section 16(a) of the Securities Exchange Act requires our officers, directors and persons who own more than 10% of a class of our securities registered under Section 12(g) of the Exchange Act to file reports of ownership and changes in ownership with the SEC. Officers, directors and greater than 10% stockholders are required by SEC regulation to furnish us with copies of all Section 16(a) forms they file. Based solely upon a review of copies of the forms furnished to us and information involving securities transactions of which we are aware, we are aware of officers, directors and holders of more than 10% of the outstanding common stock of the Company who failed to file reports required by Section 16(a) of the Exchange Act during the last two fiscal years. To our knowledge, at May 31, 2007, Scott Sand and Thomas Neavitt, officers and directors of the Company, Stephen O'Hara, Curt A. Miedema, John J. Finazzo, Yong Sin Khoo, and Christopher A. Wirth, directors of the Company, and Jeffrey Gleckman, a greater than 10% holder of the Company's common stock during the last two fiscal years, did not file required Section 16(a) forms.
Subsequent to the fiscal year ended May 31, 2007, Scott Sand filed a Form 5 reporting his initial holdings and nine transactions, Stephen O'Hara filed a
Form 5 reporting his initial holdings and three transactions, Curt A. Miedema filed a Form 5 reporting his initial holdings and two transactions, John J. Finazzo filed a Form 5 reporting his initial holdings and two transactions, Yong Sin Khoo filed a Form 5 reporting his initial holdings and three transactions,
and Christopher A. Wirth filed a Form 5 reporting his initial holdings and four transactions.
Interesting tidbits from the most recent 10-K.
Besides the already mentioned personal credit card reimbursement and meager Oxyview sales, we have:
- Vehicles valued at $145,596.00 What is up with that? For a company with 1, or is it 5, employees, that's a lot of cars!
- cash at 31 May 2007: $238.00. That's hardly even walking-around-money!
- more shares: "...If all of the notes outstanding as of May 31, 2007 were converted into common stock and all of the warrants were exercised, we would be required to issue 124,750,000 shares of our common stock to the noteholders. Under the Securities Purchase Agreement entered into on March 15, 2007, we are required to increase our number of authorized common shares from 100 million to 500 million. We have yet to authorize this increase..."
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On coarse to be varified yet??? LOL!
When's the Oxyview gonna show up as something InvacareSupplyGroup actually has some interest in? When are we going to see the 10K from the last fiscal year? All these shares that have been divided up, ever going to register them? Any shares going to trade today? How's the growing-food-in-a-vacuum program going? Who can share some insider info with the rest of the hapless souls? Bedwet? Crappers? Anyone?
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Latest short interest from PinkSheets. LOL!
Date Short Interest
Aug 27, 2007 1,908
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I wonder if the TV report will cover all the shameless promotion that went on with the stock previously, suckering all you hapless souls into buying it at prices far higher than today. I wonder too if the 'research report', with its $12.7M in revenue for this year will be mentioned. Somehow I doubt it. Perhaps that kind of info should be reserved for a different type of news show, if you get my drift.
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Yo loridans, won't need too many more sales to have a whole lot more than they have so far, wouldn't you say? Chart looks ugly, but hey, maybe the lights are starting to burn brighter for these guys. Hope they aren't burn-outs!
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Nice! I enjoy a Friday AM laugh every once in a while. Love to read about pink sheet stocks making the move to the OTC-BB, especially ones which almost, but not quite, manage to make all the required filings in a timely manner. LOL! But I especially like to hear about making the shorts cover. Classic! What about the evil market makers? Should you include something about how they are conspiring to keep the price low as well?
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Recent financials posted on pinksheets.com for this company, yet not a single one of you weenies mentioned it. Too much. Of course, I've looked at them. I'm not an accounting dweeb, so take this for what its worth. Total sales for the first 3 months of 2007 were $7430.00. At $45/ballast, that's about 165 ballasts or so. Ouch. Second quarter looks a bit better at $35186 in sales. That's another 782 ballasts or so. So almost 1000 ballasts for the first 6 months of the year. This is a far cry from the $12.7M revenue prediction from the past, eh? What is more interesting to me are the operating expense incurred during these periods. $277323 for the first quarter, $205206 for the second. So for 6 months, we've sold less than 1000 ballasts, presumably, and it cost almost a half a million to do it. With 60,752,758 shares outstanding, at $0.45/share, that's a 27+ Million market cap!
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Yes, but did anyone tell Invacare? LOL! Of course I immediately brought up http://www.invacaresupplygroup.com/ and started searching away for Ingen and Oxyview. I had to laugh when the only match I got was a partial on Ingen and the word stringent for this product:
Viraguard® Extra Large Heavy Duty Disinfectant Wipes
LMAO! Heck, I even threw in 'on coarse' and 'steal molds' but nothing resulted. So where is the gear?
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Jackpot for gear designer (old news)
From the 16 July 2007 press release as seen on pinksheets.com:
"...Ingen Technologies Inc. planned this week to file an 8-k document with the U.S. Securities and Exchanged Commission detailing the exclusive distribution agreement with InvaCare Supply Group Inc., a subsidiary of InvaCare Inc. in Elyria, Ohio..."
"...The company's fiscal year ends May 31. Auditors will file year-end reports in about two weeks, Sand said..."
Why would someone make statements such as these and not follow through on them? LOL! Will we ever see another filing from the company, at least one that isn't about issuing scads of discounted shares to others?
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Note also that this 8K allows the toxic funders to convert up to 19.99% of the outstanding shares, up from, I think, 4.99% from the last one of these (around 16 March 2007). I'm curious as to how many outstanding shares there are at this point. Isn't there a 10-K due sometime soon?
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Duffy Does Dilution. LOL! Guess the promotional characters and insiders are taking advantage of the campaign today, eh?
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This is getting confusing. Is it that the 8K is waiting for the 10K which is waiting for the SB-2 which is waiting for the OTC-BB which is waiting for the 8K? Or did I miss a component, or perhaps get the order wrong? Tough to tell, but since I see virtually nothing happening on any of these concerns, I wonder if we have a deadlock condition. LOL!
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LOL at the registration. They make this sound like is something to be proud of. It looks less complicated than renting a post office box to me:
http://www.msb.gov/pdf/msbregform11082001.pdf
Dang, things must be slow. Is this possible? Did I just read a PR where the company tried to peddle their goods to the Clinton Climate Initiative and they released a PR quoting from the form letter response?!?!?
"In response to Axis' activities, a letter from the Clinton Foundation to Axis stated, "The Clinton Climate Initiative... is always excited to hear of organizations that are doing their part to reduce greenhouse gas emissions and combat climate change. We will keep your organization in mind as we move forward."
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LOL! Maybe while they are in there editing, they should fix the 'saftey' blurb. Of course, international customers may not mind.
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That's it? That's the news that's been leaked to all you hapless souls? You deserve better than that after all this time. LOL!
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Screen door must be wide open on the submarine today! LOL! Look at that volume, will you? Who's buying, though, existing hapless shareholders or newbies? Perhaps it's naked short covering by the evil market makers!!!
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