Pink Sheets: IGENE Biotechnology Inc. (IGNE) news stock charts
IGENE Biotechnology Inc. (IGNE/IGNE.PK) Penny Investment Summary:
IGENE Biotechnology, Inc. engages in the development, production, and marketing of value-added specialty biochemical products in the United States and internationally. It primarily focuses on the research development of fermentation technology, nutrition, and health products and applications. The company offers AstaXin, a natural source of astaxanthin, which is a pigment that imparts the characteristic red color to the flesh of salmon, trout, prawns, and various other types of fish and shellfish. It also formulated natural astaxanthin as a super-antioxidant for the dietary supplement market. The company, formerly known as IGI Biotechnology, Inc., was founded in 1981 and is based in Columbia,...IGENE BIOTECHNOLOGY INC (IGNE:OTC)
Snapshot of IGENE BIOTECHNOLOGY INC (IGNE)
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OPEN
$0.01
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PREVIOUS CLOSE
$0.01
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DAY HIGH
$0.01
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DAY LOW
$0.01
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52 WEEK HIGH
08/24/09 - $0.04
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52 WEEK LOW
10/27/09 - $0.0020
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MARKET CAP
15.6M
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AVERAGE VOLUME 10 D
4.4K
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EPS TTM
$-0.01
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SHARES OUTSTANDING
1.6B
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IGNE Does Not Pay Dividends
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P/E TTM
--
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| K = Thousands M = Millions B = Billions | ||
Key developments for IGENE BIOTECHNOLOGY INC (IGNE)
On 04/01/2009, IGENE Biotechnology Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
IGENE Biotechnology Inc. filed its 10-K on April 01, 2009 for the period ending December 31, 2008. In this report its auditor, McElravy, Kinchen & Associates PC, gave an unqualified opinion expressing doubt that the company can continue as a going concern.
IGENE Biotechnology Inc. announced that it has entered into an agreement with Archer-Daniels-Midland Company pursuant to which the company and ADM formed a joint venture to manufacture and sell astaxanthin and derivative products throughout the world. Each of the company and ADM has a 50% ownership interest in the joint venture and has equal representation on the Board of Managers of the joint venture.
IGENE Biotechnology Inc. financial resources
IGNE Competitors
| Company | Last | Change | |
| No competitor information is available for IGNE. | |||
| Market data is delayed at least 15 minutes. | |||
Industry Analysis
| Valuation | IGNE | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 2.9x |
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 2.3x |
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IGNE |
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IGNE transactions
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| No transactions in the last 6 months. | ||
Pink Sheets: More Recent Financial News About IGENE Biotechnology Inc.
IGENE BIOTECHNOLOGY INC Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year
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IGENE BIOTECHNOLOGY INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhi
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