Ingen Technologies Inc (IGNT)

[Mr. Shagala]

Grizzy,

It it makes you feel any better, I am exactly the same boat as you are in. $1.20 is exactly where the price has to be for me to recover. In my opinion, this Sands guy has been telling lies that he himself believe are truths. He has been brainwashed and is basically a remote-controlled dummy trying his best to act like a CEO.

I personally have emailed him numerous times, and all those times he replied back assuring me that this company was a sure thing and in early 2006, I will see the fruits of my investment. Even especially after that internet business radio "fake" interview he gave on how well Ingentech was doing and how much more it has to accomplish. No mention of the R/S on that interview, eventhough Sands knew about it long before.

Make sure to claim this loss on your taxes.