Auric Goldfinger's Short List Message Board

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Non-Tech : Auric Goldfinger's Short List

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From: Bill from Wisconsin	6/30/2009 4:30:36 PM
	1 Recommendation of 19428

Bogosity meter goes OFFscale Company had $9,000 in sales in the FY ended May 31. The company is $5 million in debt. Multiple lawsuits and judgements against in San Bernadino County court. Ingen has increased outstanding shares from 200 million in May to to 1.2 BILLION today. Ingen to Seek 5 to 7 Cents a Share On Future Buyout YUCAIPA, Calif., June 30, 2009 (GLOBE NEWSWIRE) -- Ingen Technologies, Inc. (Pink Sheets:IGNT - News) a leading Medical Device Manufacturer focused in the $8 Billion global Respiratory Markets for the growing ageing population and emerging markets for Home (DME), Hospital and Aviation Industries announced today that the company would seek a 5 to 7 cents a share on a buyout or merger. "We have turned this company around and it has been awhile in coming; but we are finally in the home stretch heading towards profitability. With this turnaround Ingen would entertain any bidders between 5 and 7 cents," stated Thomas Neavitt, Chief Financial Officer. "We are evaluating various investment bankers and have not ruled out a possible acquisition or merger. We are committed in doing our very best to enhance shareholder value and at the same time increase corporate growth and earnings," stated Scott R. Sand, Chief Executive Officer and Chairman of the Boar

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