Ingen Technologies Inc (IGNT)

[dswitz]

Email to/from Ingen COO Gary Tilden:

Me:

Hello,

I'm an IGNT share holder and I have a question. You have recently come out with news on working to move to the OTCQB or AMEX, moving $1.8M in medical inventory, and business expansions. Since then you have been pretty well silent. After the different news releases a huge volume of shares were sold at the bid. That coupled with the relative silence as far as updates to the very good news releases makes me a little nervous that those might have been hollow releases in an attempt to sell company shares. I hope this is not the case as the reason I invested in IGNT is because your business looks to be setting up to do very well. Getting to my question, Finally. Are there any business updates as of now or coming soon?

I guess I'm just trying to stay as updated as possible on my investment.

Thanks,

Dan



Gary:

Dan,

 

Thanks for your questions. 

 

We continue to work on moving to AMEX or OTCQB but found we have to clean up some various issues with our CPA prior to commencing with this possible move.  I can’t be specific but let’s just say that once we do this we will be in the driver’s seat when it comes to those negotiations.

 

Our source for purchasing the medical is still a possibility but not certain.  If and when something happens with this we will put something out in the news.

 

We have not put out “hollow” news, only news based on what we anticipate doing.  Unfortunately, things change on the ground, as you go and we have to adapt and go with what is right for Ingen and the shareholders.

 

There is a new press release today that gives more information about the telecom and how that is progressing.  We are moving forward on many fronts and will keep putting out news as things move forward.

 

Take care.

 

Regards,

 

Gary Tilden - Chairman & COO