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stockmasterflash

05/04/10 12:46 PM

#7543 RE: platothree #7542

do the math

On $2 milllion owed, how many shares would it take to pay it off???

2.5 BILLION shares @ .0008

Ain't nowhere near that amount traded. And that doesn't take into account any previous holders throwing in the towel.

Reverse split is inevitable as there is no liquidity here for that kind of money.



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ckaminsky

05/04/10 1:06 PM

#7544 RE: platothree #7542

"joke" as in their Pulse Oximeter is nothing more than a relabelled product manufactured by another company of which you can find several of them for $60-$100 online.

Ingen selling them for $88/ea? HA! they're not going to get additional $1M revenue from that.

Also for those who've been following they had to change the name from "Oxiview Pulse Oximeter" to "Ingen Pulse Oximeter" because of lawsuit over the use of "Oxyview" name on anything otherthan a flow-meter. Hense also why "Smart Nasal Cannula" is no longer called "Oxyview Nasal Cannula".

Seems thier CEO really likes to play with the law!