IGNT.PK

[setravis]

Naked Short List as of 2005-09-13 - Stocks w/Imminent Buyin
Report Generated on Wed, 14 Sep 2005 18:06:32 -0700

IGTN  Days Listed 82

[runforthedoor]

   Thanks...I seen the shorting talked about, but I prefered to hear it here from someone I am comfortable with. You get all kinds of trash from both sides...shorts and longs...on some of these boards...all you can do is read between the lines and wait for news confirmation. When I first read  two days ago that this Evans guy was a convicted money launderer recently released from prison, I set it aside waiting for confirmation....then I saw he was released today and that confirmed it. What's your take on that? They did react immediately after he was exposed.

   I like having alot of shorts with us...could make for an explosion if those darn financials get released and are as good as expected. 

[runforthedoor]

  Rumor is there will be a big announcement on the radio interview tommorrow, for whatever that's worth.  I think it airs mid morning, but I'm not positive. Others are saying the audits/financials will be out next week now...we'll see. The price/action on this stock today made me think they were either short on shares or someone was trying to pull the price down...maybe both...I put in an order for a measley 1000 shares at the ask several minutes before the close and it would not fill....not sure what's going on with that. Maybe the MM's left early.  But it did hold ground...the financials best be released very soon. I have the feeling from other boards that some holding large amounts of shares are getting very impatient. 

[runforthedoor]

  Radio show is 10:24 AM...and the 50/200 ma's should cross tommorrow...we'll see if the crossing gives a boost. 

[runforthedoor]

  Check this news release from the IGTN website.......

  Ingen Technologies Prepares to Move to OTCBB
-Increased Profits and Decreased Losses-



For Immediate Release:
Calimesa, CA – September 19, 2005 for 10:00AM EST - Ingen Technologies, Inc. (OTC: IGTN), a medical device manufacturer of OxyAlert™, OxyView™, Secure Balance™, and Pure ProduceTM, announces that the SEC Filings to become a reporting company and move to the OTCBB has commenced.

"The meeting this past Wednesday with the auditors, Spector & Wong, resulted in the completion of the audits and commencement with the SEC Filings and move to the OTCBB." Said Thomas Neavitt, CFO and Corporate Secretary.

"IGTN is a start-up company with promising success. The purpose of this audit is not only to disclose the numeric results, but to indicate that we have completed a major milestone in moving forward with becoming a reporting company and moving to the OTCBB. I currently receive every week hundreds of shareholder emails complimenting Ingen's success and the satisfaction they have with the results of their investment and direction the company is moving. It is unusual to find a newly formed public company with patented and proprietary products, earnings and profits in such a short time period. This is a great indication of strong growth and future shareholder value." Said Scott Sand, CEO & Chairman.

The year ending May 31, 2004 resulted with sales of $901,542 and a gross profit of $410,509. The total net loss after taxes was ($357,601). Paid in capital was $4,783,471. There was $5,664,634 invested into Research & Development for Secure Balance™, OxyAlert™ and OxyView™. This investment resulted as a NOL (net operating loss) and/or Accumulated Deficit according to standard accounting principals. The NOL can be carried from one year to the other and used to offset taxes.

The year ending May 31, 2005 resulted with sales of $794,314 with a gross profit of $497,749. The total net loss after taxes was only ($11,113). Paid in capital was $4,890,671. There was $5,708,891 accumulated for invested into Research & Development for Secure Balance™, OxyAlert™ and OxyView™. This investment resulted as a NOL (net operating loss) and/or Accumulated Deficit according to standard accounting principals. The NOL can be carried from one year to the other and used to offset taxes.

To date, the company has $575,000 in cash reserves, with an increase in sales for the first quarter-2005.

"In summary, the company continues to show an increase in profits and margins, with a decrease in losses; and continues to move forward with the introduction of new medical products. We can expect to have a bonanza year in 2006 with the introduction of OxyView™ in the first quarter-2006, the introduction of OxyAlert in the second quarter-2006 and the increase in sales of our Secure Balance™ systems due to a smart and aggressive advertising campaign." Said Chris Wirth, Director.

Attorney, Peter Wilke, is now compiling the audits and documentation for SEC filings, and will submit the documents to the SEC this month. Further, he will focus on moving IGTN to the OTCBB quickly and smoothly. The entire audit will be made available upon approval of the SEC filings via various trading websites and the SEC.

[runforthedoor]

  Bidding UP!!!! 

[msurad]

Hello everyone,

I am new to this board and I happened to come across IGTN about a month ago. I can't for the life of me remember where.  But, I spent some time doing some research, and I am in the medical field, and noticed the same attributes mentioned on this board. I believe this stock has a lot of potential.  And their products can make improvement to existing hospitals, offices, and to the basic consumer.  In the aftermath of Katrina, these products could be a benefit to those in the area.  I got in at .0014 and have been accumulating since then.  I like what I see and just wanted to say that I with you guys on this one.

[runforthedoor]

  Radio interview said PR w/financials/audit would be out monday...probably the one posted above dated 9/19 at their website. Also said an add/article would be in IBD monday also. 

[doug6038]

Just a litle update.  The 9-19 press release has been removed from the web site. Scott Sand said that hte info would be released on monday. So it looks like someone posted the press release a little early and the company back peddaled..  Now would be a good time to study the press release and take (or enlarge) your position if you think the PR will increase the share price once it hits the wider distribution channels.

Also, something else to consider.

The August 25 PR stated that they had $500,000 in capital and the Sept. 19 press release states they have $575,000 in capital.  That is ~$25K per week.  (or equal to 1,300,000 per year). Cash is sure piling up quickly for these guys...

[runforthedoor]

  IBD article is up....

  http://www.investors.com/corporatenews/nw25.asp

[slomo007]

It seems like that news leaked early and shouldn't have been.  It's no longer on the official IGTN website. 

It was full of nothing but great news, so it's strange that it ended the day so poorly.  Supposedly the release is officially going to come on Monday.  That's when the PPS should really move. 

[runforthedoor]

  Yes...not sure what that early release on the website and then a removal of it was all about. But, according to the radio broadcast, it should be out monday on the wires. The IBD article came up on their website in the afternoon, but shouldn't be on paper until today or monday also. These two things should attract some buyers. The last two days price action has been odd also. Very strange first 5 minutes yeaterday, and the MM's seemed to be holding down the ask throughout the day...who knows what they are up to...there has also been alot of disinformation and trashing posts of this stock on RB the past week creating doubts in investors minds...I believe there was some panic selling yeaterday. Hoping for a move north next week...still holding here. 

[runforthedoor]

PR just out..........

http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cpr%5C2005%5C09%5C19%5C70510733.html%26clientid%3D168%26provider%3DPR_NEWSWIRE&symbol=IGTN

[runforthedoor]

   A ton of consecutive mirror trades in sets of three going across on this today. What's up with that...anyone know?

[52 windsor deluxe]

maybe it's the last gasp by the shorters .....