IGNT announced news Friday after the close that could bring a lot of eyes to the stock next week.http://finance.yahoo.com/news/Company-Update-From-the-pz-921734925.html?x=0&.v=1
Ingen Technologies, Inc. (IGNT) a leading global Medical Device Manufacturer, focuses on $4B Respiratory Market with their Oxyview products for emerging markets.
IGNT is a sub-penny stock that tends to trade high volumes, especially after big news like this.
Do your research: http://www.chartspread.com/stockcharts.php/?ticker=ignt
The company just announced that its innovative SMART Nasal Cannula with Oxyview technology are addressing unmet needs with an expected $200 million in revenues over the next 5 years.
Take a look at their website: http://www.ingen-tech.com/
IGNT is a real fully reporting pink sheet company that in 2007 introduced Oxyview to the world of COPD patients, the acceptance of the product has been impressive.
IGNT has recently noticed a nice spike in sales from respiratory equipment manufacturers who require Ingen's gas flow meter technology for their own medical equipment.
There are approximately 23 million patients in the US and the healthcare demand is constantly growing with the population. Health care spending in the U.S. is expected to double by 2016 to $4.1 trillion!!
http://www.ingen-tech.com/
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