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hazmat1955

10/23/09 11:25 PM

#6444 RE: connie824 #6443

2 or 3 cents is a possibility with a good pump. I don't think you will ever see $1, unless half the planet goes on oxygen.
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ckaminsky

10/24/09 2:19 AM

#6445 RE: connie824 #6443

CEO Scott Sand put out a PR within the past month regarding "multiple parties" interested in buy-out of Ingen. Back in July he said he hoped for 5-7 cents/share, but the more recent one stated he would only accept offers of 10-cents or higher.

That being said, and with the 3.5B shares, I doubt IGNT will hit $1 -- but a dime is reasonable (and highly profitable to invest at current price).