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Calling all IGNT Shareholders -
Re: Calling all IGNT Shareholders -
Just had a wonderful question and answer with Scott Sands this morning. Looks like everything is on plan and they should be wrapping up the completion of the annual reports within 30 to 60 days from 5/31/10....
Make note there is nothing that is delayed at this time. they are on track to make their 11million for the year!!!! Currently the buy back is on track as well currently the lawyers are working on the finishing touches. We shall see progress soon!!!
Re: Calling all IGNT Shareholders -
I think you are right but there are some big things happening-----lots of volumn today... Something is taking place. Lots of selling and buying today---and an end in having the price up for a change. I am sure you will get your investment back soon--within the next six months !!! Everyone out there start buying now we are going to see some great moves!!!
Re: Calling all IGNT Shareholders -
I'll be very surprised if this stock ever does anything. I think they have too many authorized shares to see any meaningful gain. I'd be happy just to get my initial investment back. I'm not trying to go down on the company, maybe it will end up doing well, but for right now I'm just going to hold onto my shares and wait, but I don't expect anything big to happen for a long time. May have to wait several years before this company takes off if ever.
Re: Calling all IGNT Shareholders -
After getting the news on friday around 5:15 pm I am surprised at the jump in sales. This jump in sales is a great sign folks. This company is now focused on what I would like to call phase 1 ---ramp up stage.. First quarter currently of 2010 will be the execution of phase 1.. Second quarter we will see the stock take off!!!!
Re: Calling all IGNT Shareholders -
I think you are right about that!!! Decrease the value so that they can spend less to buy it back. Either way it is going to be a good rest of the year for the stock. folks it is time to buy and buy big!!!! this one is going to sail!!!!!!!!!!!!!
Re: Calling all IGNT Shareholders -
This stock is as low as I have ever seen it. It can't go much lower. On the up side, if they are planning to do a share buyback, this would be a good time to do it with the pps being so low. Sometimes I wonder if they don't manipulate the price down so they can do a share buyback. LGTT is doing a buyback right now, and its share price has tanked to .0001 and it can't get any lower, unless of course they go belly up. I'm just going to continue to hold long and if I lose it all then so be it.
Re: Calling all IGNT Shareholders -
I hear you loud and clear !!!! Hey good news we are starting to see an up swing!! .0009 most likely close at .0008 moving in the right direction......
Re: Calling all IGNT Shareholders -
We have a long way to go before we reach 10 million, but it is still early in the year. I still don't see how they hope to do a share buy back program though. I would think they would just use what extra money, if any, they have to pay down their debts. Although the share price is really low, it would be a good time to buy back shares if you were going to. I'm still holding long on my shares, although it may take a long time to break even, if ever.
Re: Calling all IGNT Shareholders -
Looks like they brought in some big money!!! 1.5 million is a good start. 1.5 million in backorders so 3 million so far only 7 million to go to make their goal for the year!!!! Hold your shares it looks like he is turning around this company and that is a good thing!!!!
Re: Calling all IGNT Shareholders -
I think he is dreaming if he thinks he can get over $5 per share. They have approximately 8 billion outstanding shares. If he wants to bring value to the share holders then they need to start bringing in some real money, then they can start buying back shares. I don't think we will see this share buyback plan in June, just more false hope and promises.
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Gentlemen it looks as if we could have a big winner on our hands here.
Cheryl Fisher with the Texas based Emergo Group Inc. is scheduled to finalize ISO training on August 17, 2009. The International Standards Organization (ISO) required certification with manufacturers who sell products in designated countries outside the USA. Ingen is a licensed and FDA registered medical device manufacturer. ISO certification allows Ingen to market and sell the new Oxyview Nasal Cannula in China, Japan, Australia, Canada and Europe, with projected sales of $200M annually.
Does everyone on board believe this to be possible?? And wedge - do you have your 10,000 at 0.006 yet? Or did you buy a few more this time :)