IGNT.PK

[setravis]

NOW THIS IS A PENNY STOCK DOWN TO THE PENNY.
Reports record sales and earnings.



http://stockcharts.com/def/servlet/SC.web?c=igtn



CALIMESA, Calif., June 14, 2005 /PRNewswire-FirstCall via COMTEX/ -- Ingen Technologies (IGTN, Trade), a medical device manufacturer for physicians and consumer markets, announced today that the financial audits are ready for filing. Ingen Technologies, Inc. reports income for the 2004 fiscal year to be approximately $1 million dollars, bringing in $285,000.00 of profits. IGTN is also proud to announce that the income for the first 2 quarters of 2005 to be approximately $700,000.00, already toppling the income of the previous year.

The Chairman and CEO of Ingen Technologies, Inc, Scott Sand reports that the Company can also anticipate sales from $1,500,000.00 to $2,000,000.00 for the end of fiscal year 2005. These sales should bring $712,000.00 to $855,000.00 in gross earnings. The Company will file and move to the OTCBB as a reporting company A.S.A.P. Scott Sand, CEO & Chairman, said "This is a huge announcement for the Company. We are finally free of debts! Now we can look further into the future. The Company is now poised to take some really big strides." Currently the company has spent approximately $4,000,000.00 in Research and Development to date.

The accounting firm of Spector & Wong, LLP have informed the Company that the long awaited audit of Ingen Technologies, Inc. and Creative Recycling Technologies, Inc. is complete. In March of 2004 Creative Recycling Technologies, Inc., a public company, and Ingen Technologies, Inc., a private held corporation, entered a merger agreement. After the merger the symbol "CRTZ" was changed to "IGTN".

"The audit involved tremendous evaluation and consolidation between both companies," said Scott Sand, CEO & Chairman. Sand further stated: "The best interest of the shareholders and the surviving company was a key issue during the audit. It was Ingen Technologies that provided the financial strength for this merger. Creative Recycling Technologies had no earnings or activity prior to the merger, but it offered a possibility to bring value to the shareholders of both companies."

The Company is now strongly focused on improving market value for its shareholders and future investors.

"We have increased earnings from Secure Balance(TM), and will roll out other products and programs this year to add to the earnings," said Scott Sand, CEO & Chairman.

About Ingen Technologies

Ingen Technologies (IGTN, Trade), in business since 1999, is a medical device manufacturer and service provider for medical and consumer markets both domestic and abroad. Currently increasing revenues are generated from the Company's Secure Balance(TM) program; a medical product line for physicians and hospitals that provide patient services for Balance & Fall Prevention programs. The OxyALERT(TM) is another product line that has an issued US Patent and is a proprietary technology. This product is the second generation development of the Company's initial BAFI(TM) product; a medical safety device that provides wireless and remote monitoring of oxygen delivery systems for patients and small aircraft. Using the same patented and proprietary technology, the Company has the GasAlert(TM) product; a device that interfaces between any gas line and accessory, such as a water heater, dryer, stove or heater, to detect leaks. This is a mass consumer item expected to go to market in 2005.

"Our team of professionals developed the Secure Balance(TM) medical products for the growing elderly population. People experiencing vertigo, dizziness and other balance problems can be examined, diagnosed and treated with use of the Secure Balance(TM) products. These products are superior to any of our competition and they allow effective medical product availability to seniors, and at the same time the increasing senior population allows for a steady growth in sales and profits," said Scott Sand, CEO & Chairman of Ingen Technologies.


For more information, visit http://www.ingen-tech.com .  
    Investor Relations Contact:  Scott R. Sand, C.E.O & Chairman  
                                 Ingen Technologies, Inc.  
                                 285 E. County Line Road  
                                 Calimesa, CA 92320  
                                 800-259-9622  
                                 951-675-3266  
                                 800-777-1186 FAX  
                                 [email protected]  

Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements that are made pursuant to "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward- looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.

SOURCE Ingen Technologies


Scott R. Sand, C.E.O & Chairman of Ingen Technologies, Inc., 1-800-259-9622,  
+1-951-675-3266, or fax, 1-800-777-1186, [email protected]  

http://www.prnewswire.com  

Copyright (C) 2005 PR Newswire. All rights reserved.

[stocky]

Seems like a good one. However, my experience with a 'profitable' HISC has not been pleasant. Put on my list too.

[stocky]

Though there are two worriesome signals:

1. Very active PR. [read pumping]

2. Recently came from reverse split.

Still on positive site there web site seems to show some nice products. Lets see what happens tomorrow.

[setravis]

A Great day,I was starting to wonder.
Super volume, price action.
Let's rock and roll!!!

[setravis]

 

Press Release Source: Ingen Technologies, Inc.


Ingen Technologies, Inc. to Appear in Investors Business Daily
Thursday July 28, 7:00 am ET


CALIMESA, Calif., July 28 /PRNewswire-FirstCall/ -- Ingen Technologies (OTC: IGTN - News), a medical device manufacturer of OxyAlert(TM), Secure Balance(TM) and the new OxyView(TM) medical product announces today that it will be featured in an upcoming article of Investor's Business Daily.
Scott R. Sand CEO & Chairman of Ingen Technologies said, "An article featuring IGTN is scheduled to appear in Investor's Business Daily on Monday, August 1st, 2005."

About Ingen Technologies

Ingen Technologies (OTC: IGTN - News), in business since 1999, is a medical device manufacturer and service provider for medical and consumer markets both domestic and abroad. Increasing revenues are generated from the Company's Secure Balance(TM) program; a medical product line for physicians and hospitals that provide patient services for Balance & Fall Prevention programs. The OxyAlert(TM) is another product line that has two issued US Patents and is a proprietary technology. This product is the second generation development of the Company's initial BAFI(TM) product; a medical safety device that provides wireless and remote monitoring of oxygen delivery systems for patients and small aircraft. Using the same patented and proprietary technology, the Company has the GasAlert(TM) product; a device that interfaces between any gas line and accessory, such as a water heater, dryer, stove or heater, to detect leaks. This is a mass consumer item expected to go to market in 2005.

"Our team of professionals has developed our medical products for the ever increasing elderly population. Our products are superior to any of our competition and they allow for effective medical product availability to seniors, and at the same time the increasing senior population allows for a steady growth in sales and profits," said Scott Sand, CEO & Chairman of Ingen Technologies.


    For more information, visit www.ingen-tech.com

    Investor Relations Contact:  Scott R. Sand, C.E.O & Chairman
                                 Ingen Technologies, Inc.
                                 285 E. County Line Road
                                 Calimesa, CA 92320
                                 800-259-9622
                                 951-675-3266
                                 800-777-1186 FAX
                                 [email protected]

[setravis]

 

Press Release Source: Ingen Technologies, Inc.


Ingen Technologies Introduces OxyView(TM)
Wednesday July 27, 7:00 am ET 
$450 Million Annual Revenue Potential Seen for Oxygen Monitor
-IGTN Only Weeks Away From Move to OTCBB-


CALIMESA, Calif., July 27 /PRNewswire-FirstCall/ -- Ingen Technologies, Inc. (OTC: IGTN - News), the medical device manufacturer of OxyAlert(TM) and Secure Balance(TM), announces its new OxyView(TM) oxygen-monitoring medical product. "This innovative device is estimated to possess a $450 million annual revenue potential over the next few years, assuming it captures a 30% market share which we consider to be an attainable objective," said William Walling, Certified Financial Analyst.
The Company, with completed audits and just weeks away from moving to the OTCBB, has completed the research and development of OxyView(TM). This product enhances the safety, assurance and accuracy of hospitalized patients being administered oxygen from any source. OxyView(TM) is a lightweight pneumatic gauge that is attached to the oxygen tubing just below the neck. It informs the nursing staff of the oxygen flow rate at the site of the patient and can also immediately indicate the presence of any leak or inaccuracy between the delivery source and the patient.

Donn Harms, Esq., a San Diego-based patent attorney, has recently filed for U.S. patents on this unique technology for Ingen. Scott Sand, Ingen CEO & Chairman, commented: "As simple as it sounds, there is nothing in the hospital industry presently that competes with OxyView(TM). Currently, the hospital staff assumes that the flow rate near the patient is sufficient without any verification. In today's medical industry where malpractice and liability is a more serious issue, OxyView(TM) enhances safety and can reduce liabilities associated with equipment failure."

There are over 20 million patients each year that receive oxygen during hospitalization. The OxyView(TM) retail price is $75, and this device is a consumable item. The Company has engaged RC Product Development & Engineering in Corona, CA to build the unit. "This device is completely pneumatic and extremely accurate. We will have production of the unit ready in three months," said Richard Campbell, President of RC Product Development & Engineering.

Scott Sand, CEO & Chairman, added: "Ingen Technologies is now even more strongly positioned to deliver improving financial results, including earnings, and increasing value to its shareholders. And, it is important for investors to recognize that the incremental revenues expected to be derived from OxyView(TM) as it achieves market penetration are in addition to the $30 million of revenues anticipated to be generated from sales of OxyAlert(TM) in 2006, as announced earlier this month."

[setravis]

This stock pick is in the wrong place ,I know.
It should be on Penny Stock Picking Board.I don't know how it got moved here.
I am getting Ramsburgh to move this Thread to where it belongs ."Penny Stock Picking"

[setravis]

 

INGEN TECH INC (Other OTC:IGTN.PK) Delayed quote data 

Last Trade: 0.013
Trade Time: 1:28PM ET
Change:  0.003 (30.00%)
Prev Close: 0.01
Open: 0.014
Bid: N/A
Ask: N/A
1y Target Est: N/A

  Day's Range: 0.01 - 0.019
52wk Range: N/A
Volume: 101,381,455
Avg Vol (3m): N/A
Market Cap: N/A
P/E (ttm): N/A
EPS (ttm): N/A
Div Yield (ttm): N/A (N/A)

[setravis]

End of the day chart....nice...volume and price action

[golfqtee]

With 500K shares at .0062, I am looking forward to Monday, and past!  This one has legs, in my opinion.  why monday?  "An article featuring IGTN is scheduled to appear in Investor's Business Daily on Monday, August 1st, 2005."

Happy trading to everyone!

[setravis]

Looking good early,with strong volume.

[setravis]

Very Good News
Paragraph 3 of this news release is very nice
Very Nice
***********************************************************************
Press Release Source: Ingen Technologies


Ingen Technologies Announces Audit Results 2003 - 2005 to Be Completed
Wednesday August 3, 7:00 am ET 
- The Company Sees Increased Earnings, No Debts & Cash Reserves -


CALIMESA, Calif., Aug. 3 /PRNewswire-FirstCall/ -- Ingen Technologies (OTC: IGTN - News), a medical device manufacturer of OxyAlert(TM), OxyView(TM) and Secure Balance(TM) is to announce in the next couple of days that they will be hiring a Certified Financial Analyst.
Certified Financial Analyst, William Walling, Jr., will be appointed by the Company to work with the auditors, Spector & Wong, LLP. "I want our audits to be reviewed by a certified financial analyst prior to publishing the numbers next week. This secures the credibility of the reports for our shareholders and investors," said Scott Sand, CEO & Chairman.

Harold Spector, CPA and principal of Spector & Wong, LLP, has already discussed with Mr. Walling, the delivery schedule of the audit. Specifically, the audit involves the financial statements for year ending 2003, 2004 and 2005. The Company financial calendar is from June 1 to May 31.

"The Company's audits are expecting to be published no later than next week. With increased earnings, no debt, cash reserves, new product sales and move to the OTCBB; Ingen Technologies should demonstrate increased share value for its many investors and shareholders," said Thomas Neavitt, CFO.

The Company continues to protect the best interest of the shareholders and investors during this period of growth and expansion.

About Ingen Technologies

Ingen Technologies (OTC: IGTN - News), in business since 1999, is a medical device manufacturer and service provider for medical and consumer markets both domestic and abroad. Increasing revenues are generated from the Company's Secure Balance(TM) program; a medical product line for physicians and hospitals that provide patient services for Balance & Fall Prevention programs. The OxyALERT(TM) is another product line that has two issued US Patents and is a proprietary technology. This product is the second generation development of the Company's initial BAFI(TM) product; a medical safety device that provides wireless and remote monitoring of oxygen delivery systems for patients and small aircraft. Using the same patented and proprietary technology, the Company has the GasAlert(TM) product; a device that interfaces between any gas line and accessory, such as a water heater, dryer, stove or heater, to detect leaks. This is a mass consumer item expected to go to market in 2005.

"Our team of professionals has developed our medical products for the ever increasing elderly population. Our products are superior to any of our competition and they allow for effective medical product availability to seniors, and at the same time the increasing senior population allows for a steady growth in sales and profits," said Scott Sand, CEO & Chairman of Ingen Technologies.


    For more information, visit www.ingen-tech.com

     Investor Relations Contact:  Scott R. Sand, C.E.O & Chairman
                                  Ingen Technologies, Inc.
                                  285 E. County Line Road
                                  Calimesa, CA 92320
                                  800-259-9622
                                  951-675-3266
                                  800-777-1186 FAX
                                  [email protected]

Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements that are made pursuant to "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward- looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: Ingen Technologies

[setravis]

This has had a dip....With the news that came out If I were not holding already...
I would buy tomorrow.......IMHO

[golfqtee]

I agree!!  I have a pretty big position, but knowing that next week more could come.... well, I'll just have to add.  I will forever keep at least 20K shares in this one.  But, being a profit taking day trader, I must follow the rules!  Happy Trading!  Great DD!  Thanks to all!!

[setravis]

on the move ....+15.38%  volume 17.4 mil