Ingen Technologies Inc (IGNT)

[grizzy]

exactly. They lied. Pure and simple. So I guess the question now is, why did they lie? To fund further projects or line their pocketbooks? If Sand truly has dumped over $200K of personal money into this, I'm leaning towards the latter...

I didn't realize the TA was gagged....I am now more convinced of my most recent theory: the company short sold and that's why it was on the reg SHO (they must have hired a market maker to do this). Then, when they couldn't dilute anymore and wanted to reclaim shares, they announce an R/S so that the price would kick down to affordable levels.

But yep, it's a coerced long hold for us, a bag if you will. Now we have to wait...I hope Sand is happy with this decision...if I ever meet him in person he's going to get an earful.

Companies are not supposed to screw their investors to get ahead, they're supposed to use their investors' money wisely to get ahead. Sigh...