Ingen Technologies, Inc. Settles $2.4M Judgment

Published: Aug 14, 2013

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RIVERSIDE, Calif., Aug. 14, 2013 (GLOBE NEWSWIRE) -- Ingen Technologies Inc. (OTC:IGNT), ( a holding company of two subsidiaries announces today that it has come to a settlement agreement of the $2.4M Judgment with the court appointed liquidation firm, PwC Corporate Finance and Recovery (Cayman) Limited. On August 13, 2013 a Term Sheet was filed with the Law Firm of REID | COLLINS | TSAI, LLP representing PwC Corporate Finance and Recovery (Cayman) Limited. Ingen has settled the $2.4M Judgment for $300,000. The third party investor will assume the debt.

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