-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SjUvSSNs2NMWLs/OlTgZnm1FrrR0JBYlU/ja5u6P4UYWy9nUN8kThRW0Nhia7jSc OJ5PufLBJ82feQdAaCzw4A== 0001019687-06-002986.txt : 20061207 0001019687-06-002986.hdr.sgml : 20061207 20061207114833 ACCESSION NUMBER: 0001019687-06-002986 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20061117 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20061207 DATE AS OF CHANGE: 20061207 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Ingen Technologies, Inc. CENTRAL INDEX KEY: 0000861058 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS MANUFACTURING INDUSTRIES [3990] IRS NUMBER: 880429044 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-28704 FILM NUMBER: 061261744 BUSINESS ADDRESS: STREET 1: 35193 AVENUE A, SUITE C CITY: YUCAIPA STATE: CA ZIP: 92399 BUSINESS PHONE: 800-259-9622 MAIL ADDRESS: STREET 1: 35193 AVENUE A, SUITE C CITY: YUCAIPA STATE: CA ZIP: 92399 FORMER COMPANY: FORMER CONFORMED NAME: CREATIVE RECYCLING TECHNOLOGIES INC DATE OF NAME CHANGE: 19980505 FORMER COMPANY: FORMER CONFORMED NAME: CLASSIC RESTAURANTS INTERNATIONAL INC /CO/ DATE OF NAME CHANGE: 19960619 FORMER COMPANY: FORMER CONFORMED NAME: CLASSIC RESTAURANTS INC/CO DATE OF NAME CHANGE: 19960604 8-K 1 ingen_8k-120707.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of report (Date of earliest event reported): November 17, 2006 INGEN TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Georgia 000-28704 88-0429044 ------- ----------- ---------- (State or other jurisdiction of (Commission (I.R.S. Employer incorporation or organization) File Number) Identification Number) 35193 Avenue "A", Suite-C, Yucaipa, California 92399 ---------------------------------------------- ----- (Address of principal executive offices) (Zip Code) (800) 259-9622 -------------- (Registrant's telephone number, including area code) Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) 1.01 Entry into a Material Definitive Agreement By Board Resolution, Ingen Technologies, Inc. has approved the waiver of the requirement of the company's Amended and Restated Articles of Incorporation, section 3.4(f)(i), thereby giving permission for the immediate conversion (into common shares) of preferred shares owned by the company's Chairman and CEO Scott R. Sand. The number of converted shares shall be in the discretion of Mr. Sand. The purpose of the conversion will be so that Mr. Sand can sell shares (per applicable law) and loan the proceeds to the company to help finance our continuing operations. The shares shall be converted into unrestricted common shares to the extent permitted by law. Mr. Sand has stated there is no time table for any such stock conversion and sales. Any such sales will be promptly reported in applicable filings with the SEC. Stock sale proceeds deposited in the company's account shall be a loan payable by the company to Mr. Sand with a simple interest at a rate of 8% percent per annum, with a balloon payment of principle and interest due at any time prior to 2 years from the date the funds are deposited in the company's bank account. The referenced resolution, though dated November 17, 2006, was not circulated for consideration and signature until recently. As of the date of this filing, a majority of the dis-interested Ingen Board of Directors has signed it and signatures are expected from the remaining two Board members. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: December 7, 2006 Ingen Technologies, Inc. By: /s/ Scott R. Sand ------------------------------------ Scott R. Sand, Chief Executive Officer and Chairman TABLE OF EXHIBITS (All Exhibits have been properly signed by the parties. Original agreements are filed in our offices) EXHIBIT NO. DESCRIPTION 99.1 Board of Directors Resolution 2006.10, dated November 17, 2006. * filed herewith EX-99.1 2 ingen_8kex99-1.txt Exhibit 99.1 INGEN TECHNOLOGIES, INC. DIRECTORS' RESOLUTION 2006.10 BE IT KNOWN THAT, on the 17th day of November, 2006, at a duly constituted special meeting of the Directors of Ingen Technologies, Inc., the following resolution was voted and approved upon motion duly made and seconded: The Board hereby waives the requirement of the company's Amended and Restated Articles of Incorporation, section 3.4(f)(i), and gives permission for the immediate conversion (into common shares) of preferred shares owned by the company's Chairman and CEO Scott R. Sand. The number of converted shares shall be in the discretion of Mr. Sand. The purpose of the conversion will be so that Mr. Sand can sell shares and loan the proceeds to the company to help finance our continuing operations. The shares shall be converted into unrestricted common shares to the extent permitted by law. Any such stock sale proceeds deposited in the company's account shall be a loan payable by the company to Mr. Sand with a simple interest at a rate of 8% percent per annum, with a balloon payment of principle and interest due at any time prior to 2 years from the date the funds are deposited in the company's bank account. The Board wishes to take this opportunity to acknowledge, again, the continuing, indefatigable efforts and generosity of Scott Sand as head of the company and wants him to know how much his leadership, sacrifice and effort is appreciated. CERTIFICATION BY SECRETARY I am the Secretary of Ingen Technologies, Inc. I hereby certify that the foregoing is a true and correct copy of the Resolution adopted by the Board of Directors of Ingen Technologies, Inc. on November 17, 2006 in accordance with the provisions of our Bylaws. IN WITNESS WHEREOF, I have this 17th day of November, 2006 subscribed my name as Secretary of Ingen Technologies, Inc. and have caused the corporate seal to be affixed hereto (if such a seal exists). - s - - ----------------------------------- Secretary of Corporation WAIVER OF NOTICE The undersigned Directors of Ingen Technologies, Inc. hereby waive notice of the special Directors' meeting held on November 17, 2006. We consent to all actions taken in the meeting. Faxed and electronic signatures are as valid as original signatures hereupon, and may be signed in counterparts. abstained - s - - ----------------------------------- ----------------------------------- Scott R. Sand Curt Miedema - - s - - s - - ----------------------------------- ----------------------------------- Chris Wirth Yong Sin Khoo - ----------------------------------- ----------------------------------- Stephen O'Hara John Finazzo (Resolution 2006.10) -----END PRIVACY-ENHANCED MESSAGE-----