Ingen Technologies Inc (IGNT)

[mythical_phenix]

PGIHolding still holding on or what?

http://www.pgiholding.com/

Not a very interesting site. Not that it was before, either, but this is clearly worse.

It was only a year or so ago that we read:
(IGTN) Brings Oxyview(R) to Asia Through Major Medical Distributor
2/12/2008

YUCAIPA, Calif., Feb. 12 /PRNewswire-FirstCall/ -- Ingen Technologies, Inc. , a medical device manufacturer, announced today the signed distribution agreement with Progressive International Holding Co. LTD in Hong Kong to distribute Oxyview(R) in Taiwan, People's Republic of China, Japan and Korea. Please refer to the 8-K filing of this event.

Progressive International Holding Company (PIHK) (http://www.pgiholding.com) and its associate company, Progressive Group Inc (PGI), was founded in 1983 and is one of the major distributors of clinical diagnostic systems, medical devices and point of care products in Taiwan. To pursue the potential business opportunity in China and fully capitalize PGI's sales & marketing experience of more than twenty years, PGI established Progressive International Holding Company (PIHK) in Hong Kong in 2005. PIHK has tremendous synergy by utilizing the experience, expertise and connections of PGI in China and Taiwan to expand its product portfolio in patient oxygen gas flow monitoring devices in the China, Japan and Korea markets.

The distribution agreement calls for a monthly minimum of 10,000 Oxyview(R) units to be purchased by PIHK during a five year period. PIHK has submitted the application to the Chinese government agency known as SFDA for registration of the free sales certificate.

"Ingen looks forward to working closely with Progressive. Julian Yuan, CEO of Progressive, visited our manufacturing facilities last year. Mr. Yuan is CEO of Aviva Biosciences in San Diego, California (http://www.avivabio.com), and has the resources to deliver Oxyview(R) to the Asian markets. Our company is pleased to have the privilege of working with Progressive International Holding Company," stated Scott Sand, Chairman and CEO of Ingen Technologies.

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