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~IGTG dang up 75%!!
~IGTG up 50%
~IGTG news
- Gross Profits Increase More Than 400% -
CALIMESA, Calif., Jan. 13 /PRNewswire-FirstCall/ -- Ingen Technologies,
Inc. (OTC: IGTG), a medical device manufacturer of OxyAlert(TM), OxyView(TM),
and Secure Balance(TM), announces substantial increases in revenues and gross
profits.
The revenues for the six months ended November 30, 2005 were $767,084, as
compared to the previous year of $223,293. Gross Profits for the six months
ended November 30, 2005 were $573,025 as compared to the previous year of
$128,046.
The company has invested more than $6,000,000 in the research and
development of the product lines, including OxyView(TM) and OxyAlert(TM).
During the six months ended November 30, 2005, the company incurred
substantial costs to complete OxyView(TM) and continue completion of the
OxyAlert(TM) products.
Scott Sand, CEO & Chairman stated: "The revenues for Secure Balance(TM)
sales have increased more than 300%, and the Gross Profits have increased even
greater. With a focused emphasis on completing all of the SEC Filings, we
anticipate a very smooth transition to the OTCBB."
"The reason for the change in retail pricing of the OxyView(TM) was due to
the unexpected change in manufacturing costs for OxyView(TM). The current
retail pricing of $14.95 is a result of the decrease in manufacturing costs.
The company has created a 4+4 Class-A steal mold with special features that
have substantially decreased manufacturing costs as compared to the costs
published last July-2005 when we released a retail price of $75. This change
in retail pricing allows for a more affordable product for hospitals, surgical
centers and patients, as well as a higher margin and profit for the company,"
said Thomas Neavitt, Chief Financial Officer.
About Ingen Technologies, Inc.
Ingen Technologies, Inc. is a public company trading under
NASDAQ OTC: IGTG, which has been in business since 1999. IGTG is a medical
device manufacturer and a growth-oriented company that owns US patent(s),
trademarks, and proprietary medical products.
The Company's flagship product is OxyAlert(TM), a second-generation design
of the Company's BAFI(TM) product line. Both of these products have been
issued two US Patents: Patent No. 6,137,417 issued on October 24, 2000 and
Patent No. 6,326,896 issued on December 4, 2001. Both of these products are
low-oxygen safety warning devices used on remote oxygen cylinders for
patients, commercial aircraft, military transport, and fire and safety
equipment. OxyAlert(TM) technology encompasses the use of digital sensing and
RF frequency transfer so that care givers can access a hand-held remote to
monitor the actual oxygen level of any oxygen cylinder at a reasonable
distance.
The newest product, OxyView(TM), has a patent pending, and is a pneumatic
gauge that provides visual safety warning of oxygen flow to hospitalized
patients. This product enhances the safety, assurance and accuracy of
hospitalized patients being administered oxygen from any source. OxyView(TM)
is a lightweight pneumatic gauge that is attached to the oxygen tubing just
below the neck. It informs the nursing staff of oxygen flow rate near the
patient. It could quickly inform the hospital staff of any leak or inaccuracy
between the delivery source and the patient.
The Secure Balance(TM) product is a private-label product that includes a
vestibular function testing system and balance therapy system. The vestibular
function testing system is manufactured by Interacoustics LTD. in Denmark and
is referred to as the VNG. The balance therapy system is manufactured by
SportKAT(R), Inc. in San Diego, California. The Secure Balance(TM) program
provides equipment, education and training about balance and fall prevention
to physicians and clinicians worldwide.
The Pure Produce(TM) product is a continuing research & development
program currently under design. This program uses hydroponics technology to
grow various plants without the use of soil, fertilizer and water consumption.
The Company anticipates entering the nutriceutical and pharmaceutical markets
over the next two years.
"Our team of professionals has developed our medical products for the
ever-increasing elderly population. Our products are superior to any of our
competition and they allow for effective medical product availability to
seniors, and at the same time the increasing senior population allows for a
steady growth in sales and profits," said Scott Sand, CEO & Chairman of Ingen
Technologies.
For more information, visit http://www.ingen-tech.com
Investor Relations Contact: Scott R. Sand, C.E.O & Chairman
Ingen Technologies, Inc. -
Administrative Office
35193 Avenue "A", Suite-C
Yucaipa, California 92399
Phone: (800) 259-9622 or (909) 790-7180
Fax: (800) 777-1186 or (909) 795-6340
Email: Info@ingen-tech.com
A Member of the Better Business Bureau
A Member of the Chamber of Commerce
A Licensed Business in the City of Yucaipa
Safe Harbor for Forward-Looking Statements: This news release includes
forward-looking statements that are made pursuant to "Safe Harbor" provisions
of the Private Securities Litigation Reform Act of 1995. 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 will be set forth in the company's
periodic filings with the U.S. Securities and Exchange Commission.
SOURCE Ingen Technologies, Inc.
Web Site: http://www.ingen-tech.com
you're right, it is going up....low volume, but it is going up
from manny_t over at SI (thanks Manny :) )
AMERICHIP INTERNATIONAL, INC.
9282 GENERAL DRIVE, SUITE 100,
PLYMOUTH, 48170
(734) 207-0334
Via Edgar
January 10, 2005
United States Securities and Exchange Commission
Division of Corporation Finance
100 F Street N.E.
Washington, D.C. 20002
Re: AMERICHIP INTERNATIONAL, INC.
Request to Withdraw Registration Statement on Form SB-2 (RW)
SEC File Number 333-119331
Ladies and Gentlemen:
Pursuant to Rule 477(a) promulgated under the Securities Act of 1933, as amended (the "Securities Act"), AMERICHIP INTERNATIONAL, INC., (the " Registrant") hereby requests immediate withdrawal of its Registration Statement on Form SB-2 (File No. 333-119903), which was initially filed with the Securities and Exchange Commission (the "Commission") on September 28, 2004 (amended on March 24, 2005) (the "Registration Statement").
The Registrants believes that withdrawal of the Registration Statement is consistent with the public interest and the protection of investors, as contemplated by Rule 477(a) under the Securities Act. The Registrant requests, in accordance with Rule 457(p) under the Securities Act that all fees paid to the Commission in connection with the filing of the Registration Statement be credited to the Registrants’ account to be offset against the filing fee for any future registration statement or registration statements.
The Registrants confirms that no securities have been or will be distributed, issued or sold pursuant to the Registration Statement or the prospectus contained therein.
It is our understanding that this application for withdrawal of the Registration Statement will be deemed granted as of the date that it is filed with the Commission unless, within fifteen days after such date, the Registrant receives notice from the Commission that this application will not be granted.
The Registrant intends to follow this abandoned registration with a private offering and neither the Registrant nor any person acting on the Registrant's behalf commences the private offering earlier than 30 calendar days after the effective date of withdrawal of the registration statement under Rule 477, the Registrant will notify each offeree in the private offering that the offering is not registered under the Securities Act of 1933, the
--------------------------------------------------------------------------------
securities will be "restricted securities" (as that term is defined in Rule 144(a)(3)) and may not be resold unless they are registered under the Securities Act of 1933 or an exemption from registration is available, purchasers in the private offering do not have the protection of Section 11 of the Securities Act of 1933; and a registration statement for the abandoned offering was filed and withdrawn, specifying the effective date of the withdrawal.
The Registrant hereby respectfully requests that the Commission grant the withdrawal of the Registration Statement.
If you have any questions regarding this application for withdrawal, please contact the undersigned at (734) 207-0334, or the Company's counsel, Joseph I. Emas at (305) 531-1174.
Very truly yours,
/s/ Marc Walther
endquote
someone is definitely loading up, though...anyone see that 5M share buy on the ask?
yep, Americhip is definitely on the forward side....production should be starting this month and orders should be finalized
I concur...PLNI had a nice flat line valley and accumulation is beginning...this is a great time to get in.
I believe it's lunchtime :)
E*Trade is really starting to piss me off...of the 5 active trading days I've had in the past 5 months they've had server problems on 3 of them...this is getting on my nerves
is anyone else's Power E*Trade broken?
you don't get it...I called the customer service line when an order request consistently failed and I got the answering service, which promptly sent me to a customer service line and then hung up on me....this is weird
what the hell is going on with E*Trade today????
yes it is *retarded* slow....getting very angry
Level II? TIA
if that's true, remember that there was another restricted share deal that would bring the PPS up to .13
To the rest of the board: in lieu of any previous comments I made about this company, I find it interesting that all of you showed up with your skepticism *after* a possible peak and not *during* the run...did you all believe these things during the run up as well? or are they now 'moments of clarity'?
geesh, pinkies really are a battle of wits...
guess you got your point across :) hehe
/referring to 3 postings of the same msg
it's important to note also that this run has been very dependent on the SMAs...and you will see that the SMA(5) right now is .0381, so it's natural for this to bounce up if the long trend holds
that's my opinion, of course...looking at the chart data we had white candles all the way down until .045 or so, or around -15%....the long black candles didn't show up until .042....so it looks like (to me, anyway) that there was alot of buying on the ask on the way down, and when we hit -20% there was a panic sell.
Since we first hit .038 there has been only one black candle and that was at .04...otherwise we've had a few small black candles and a *ton* of white candles.
someone please pipe in on this perspective
look at the 1/5/15 minute data...the dip came on *very* low volume until it hit the upper 30s and a lot of people bailed, then ALOT of buying happened on the bounce.
Looking at the minute-by-minute data there is more buying than selling today
actually, the first run did have a pullback like this, it just happened at a lower price so it doesn't seem as bad....Sept 7th (by E*Trade data) it closed around 25% below open, and close to 20% below close of Sept 6th. The volume percentages and the RSI for that day are about identical to today.
do Ameritrade and/or ScottTrade allow stop/loss in the subpennies?
it's almost eery how closely this resembles the first run....great time to get in!!
interesting...a friend of mine has a sell order in at .04 and it's not showing up on Level II?
level II?
yeah looking at the 1min, 5min and 15min the dip happened on low volume until we got around the .041-.038 range, the correction on high volume, and now a low volume moment
if I'm not mistaken we are currently at yesterday's opening price
maybe...look at the last run and you will see a similar pattern of 15% down a couple days prior to the break out...that could be what we're seeing here...
cool...I hope our little PBLS keeps the trend up...I might pull some to ride that wave for a few days. I don't have alot of money, but if I did and I'd had it last June I would've made AAPL my majority percentage in my portfolio. I've been a sysadmin working with all platforms (Unix as well) for about 8 years and have gradually watched OS X take the place of other higher powered long up-time servers. I use them myself and have been more than pleased...Microsoft has dropped the operating system ball because the XBox has become their bread and butter.
Of course, the iPod speaks for itself...hehe
take your ne14 pill today? good grief :) lol
nice 15% finish...hope to see something similar tomorrow
Level II?
some seem to have forgotten about Bayou:
(BST) has a working fleet of contract trucks totaling around 206 plus units, and this number of available trucks is increasing daily. These trucks include flat beds, tractor trailers, tandems and tri-axles.
You think they ain't getting business right now with all the debris cleanup?
AAPL: has anyone been watching this today? my god...
Linda, once again congrats on a good pick
it's almost frightening how much like the first run this one is...look at the PRs surrounding 9/7/2005 and cross-reference them with the stock performance...that appears to be exactly what is happening now...
Level II?
agreed...there are some very bullish crosses on deck...alot of people like to sell into PRs so the next two days will be interesting
The upper Bollinger band looks like it will end at around .06...wouldn't be surprised if we touch that today.
~PBLS .055 crumbling
We have not seen this PPS since Sept 19, 2005, and there is plenty room for momentum...