Ingen Technologies Inc (IGNT)

[grizzy]

If they had a decent business model, they would not be in this mess. The fact that they can't turn a profit and get out of debt without share dilution should tell us all that they are doomed. Remember, we're all hinging on their product selling, when it hasn't really gone to market yet. This is a horse-race bet at best, and we all bet on the wrong horse.

Yeah, IGTN is a pinky, but it's also a company with business hopes and a responsibility to shareholders, regardless of the situation the stock is in. Their financial behavior is nothing short of irresponsible, IMHO.