Ingen Technologies Announces Results of Shareholder Conference to Move to the OTCQB or AMEX
December 30 2013 - 2:11PM
Marketwired
Ingen Technologies Announces Results of Shareholder Conference to
Move to the OTCQB or AMEX
Board of Directors and Shareholders Approve Move
RIVERSIDE, CA--(Marketwired - Dec 30, 2013) - Ingen Technologies
Inc. (PINKSHEETS: IGNT) (http://ingen-tech.com), the holding
company of two subsidiaries; a medical device manufacturing company
selling its patented medical products worldwide, and a newly
acquired growing wireless telecom business providing services to
major telecom companies worldwide, announced the results of the
shareholder conference held on December 16th, 2013.
The major highlight of the shareholder teleconference was the
approval to accept the option of taking the company to the OTCQB.
Gary Tilden, Chairman, and David Hanson, Director conducted the
shareholder meeting.
More recently, the company is also strongly considering a
listing on the American Stock Exchange (AMEX) pursuant to
discussions and the evaluation of a Memorandum of
Understanding with Benchmark Advisory Partners.
"This teleconference was an opportunity to reach out to our
shareholders and investors to discuss specific changes that, over
time, will create better liquidity and exposure of Ingen. The
company has resolved the majority of its debt issues, as well as
being in the process of removing the DTCC 'CHILL' on its stock,"
stated Gary Tilden, Chairman. Mr. Tilden further stated, "Both
of our subsidiaries are in profitable market sectors with growing
industry economics, where increased revenues are beginning to
become apparent. This growth should result in stronger
shareholder value for our current and future shareholders. The move
to the OTCQB or AMEX will only enhance the progress already being
made."
Safe Harbor for Forward-Looking Statements: This news release
includes forward-looking statements. 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 and will be set forth in the company's
periodic filings with the U.S. Securities and Exchange
Commission.
CONTACT: Gary Tilden 951-688-7840 www.ingen-tech.com Email
Contact www.useatmc.com
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