Replies to post #524 on Ingen Technologies Inc (IGNT)

[crossbow]

A post on Raging Bull quotes IGTN CEO Sand as saying the O/S are 80 million or so higher than stated a month ago. How do they think IGTN paid for the NJ property recently purchased and the patents they bought? I had been previously advised by a former IGTN employee that they received Restricted IGTN shares instead of money as payment for their services. To purchase assets for the company using company stock is better than using cash. Sand has stated that a large number of shares will be retired before the OTCBB move. The O/S issue is no big deal. IMO