Calling all IGNT Shareholders -

Re: Calling all IGNT Shareholders -

I sure hope you are right.  I'm holding onto my shares, hoping to at least break even on my investment.  I would have felt more confident if I had bought in at the .0015 level, a good time to have gotten in, but I bought in several months ago when the stock price was a lot higher, so right now I'm only at a fraction of the original value.  I always did feel like they have a good product and maybe they can be bought out by a bigger medical supply company.  If they can get their debt paid off and start a buyback program, then maybe the pps will start to move up again.  Of course, then you have to deal with all the short sellers, which do nothing but hurt the stock as well.  I'm still remaining cautiously optimistic. 

Re: Calling all IGNT Shareholders -

I hope you are right, but I am not going to get my hopes up.  Everyone is saying that IGNT is going to raise the number of authorized shares to 8.5 billion.  I hope this is not correct.  The CEO Sands has stated many times that there would be no more dilution and even talked about a share buy back program, so I'm not really sure what is going on.  I really don't know why they would need to dilute further if they have the sales that they claim in Europe and hope to start shipping as soon as ISO certification is complete.  It doesn't make a lot of sense.  I would think that if you were really trying to attract new investors then you would try to get the share price back up and make it look like your a legitimate company.  There are lots of investors that simply won't put money into a sub-penny stock, so why in the world would you want further dilution.

I hope I am wrong about these things and I would really like to see the company do some good, but I remain cautiously optimistic for now.

Re: Calling all IGNT Shareholders -

After hearing about the voting on increasing the shares to pay off the debt they owe it sounds like we are going to loose share value right?   humm  I guess I have to look at from their point of view if they don't pay back the debt in march then they will be in default again right?  humm  well do hope they can get past this and grow with the new revenue channels.

Who is selling and who is buying here?

I've been buying over the past weeks and if the price drops to $0.0012 I will probably load up some more. We are all gambling here and my bet is on survival. The PR is good and I believe in the quality of the product. The question is will they have meaningful sells and fast enough to stay afloat  before the debt matures or is renegotiated?

Re: Calling all IGNT Shareholders -

All I have heard is that they have hired a company that will help them get their product listed in GSA listings of products that can be purchased.

As far as the ISO certification, I hope that February 3 is right, but I figure that it will get postponed for some reason or another.  They keep pushing back the date with one lame excuse after another, so don't get your hopes up.

The best thing that we can do as investors is to wait and see what there first quarter figures will be.  This will probably take two or three more months since they are alway slow in reporting them, but they have said that they expect a profit, so I guess we will see.

My advice would be to sell when you can make a little bit of profit, don't be too greedy and wait too long if it ever goes back up.  If this thing were to ever hit even close to 1 cent I would sell in a heartbeat.

This stock will not make you rich, but it will frustrate you to death.  When you think it will go up, it goes down and vice versa.  I wish I had not even bought my shares, but I am holding out, just hoping to break even.  I refuse to sell my shares at a loss, so I will either come out ahead or lose it all.