Ingen Technologies Inc (IGNT)

[YankeeAce]

Yeh I see what you are saying about retiring the restricted shares that were probably used to pay the executives. So what makes more sense though to fund future operations before net income can cover it? I would think that issuing shares would be cheaper then accumulating debt. Debt just pushes profitabiliy back further due to interest expenses. More outstanding shares (free trading) will have a saturation effect, but if they are paid as restricted shares then that sets a time limit for the company to increase shareholder value before those shares enter the free float market. I guess what it all boils down to is how well management can use these funds to execute the business plan.

I know most of you are swing players that invest on momentum, but I bought IGTN for its potential business plan. I think the majority of the public investors underestimate te potential value of Pure Produce. This technology will someday be used on other planets or the moon to grow foods. Cities will be able to grow enough food to support life and reduce the shipping costs. This is all very far off, but the potential is amazing. The price of the stock right now factors in only the current products and is totally missing the Pure Produce play. Not to mention the pharmaceutical value involved.