<PAGE>

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-KSB

[X]  Annual Report pursuant to Section 13 or 15(d) of the Securities and
     Exchange Act of 1934

     For the fiscal year ended: June 30, 2002
                                -------------

[ ]  Transition report pursuant to Section 13 or 15(d) of the Securities and
     Exchange Act of 1934

            For the transition period from: __________ to __________

Commission file number: 0-28704
                        -------

                            INGEN TECHNOLOGIES, INC.
                            ------------------------
             (Exact name of registrant as specified in its charter)

                  Georgia                                 84-1122431
                  -------                                 ----------
      (State or other jurisdiction of                 (I.R.S. Employer
       incorporation or organization)              Identification Number)

35193 Avenue "A", Suite-C
Yucaipa, CA                                                  92399
- ----------------------------------------                  ----------
(Address of principal executive offices)                  (Zip Code)

Issuer's telephone number, including area code:  (800) 259-9622

Securities registered pursuant to Section 12(b) of the Act: None

Securities registered pursuant to Section 12(g) of the Act:

                           Common Stock, no par value
                              (Title of Each Class)

Indicate by check mark if the registrant is not required to file reports
pursuant to Section 13 or Section 15(d) of the Act.

Yes [ ]. No [X].

Indicate by check mark whether the registrant (1) has filed all reports to be
filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the
preceding 12 months (or for such shorter period that the registrant was required
to file such reports), and (2) has been subject to such filing requirements for
the past 90 days. Yes [X] No [ ]

Check if there is no disclosure of delinquent filers in response to Item 405 of
Regulation S-B contained in this form, and no disclosure will be contained, to
the best of registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-KSB or any
amendment to this Form 10-KSB. [X]







<PAGE>

Indicate by check mark whether the registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act.

Yes [ ]. No [X].

The issuer's revenues for its most recent fiscal year ended May 31, 2006 were
$846,783. The issuer did not report any revenues for its fiscal year ended June
30, 2002.

The aggregate market value of voting and non-voting common equity held by
non-affiliates of the registrant was approximately $1,247,556 based on a closing
price of $0.04 on April 10, 2007.

The number of shares of the registrant's common stock outstanding as of April
10, 2007 was 34,303,910.

     DOCUMENTS INCORPORATED BY REFERENCE

None.

     Transitional Small Business Disclosure Format (check one):

     Yes [ ]  No [X]






<PAGE>

                                      INDEX

                                                                           Page
                                                                          Number

                                     PART I.

Item 1.    Business                                                         4

Item 2.    Properties                                                       7

Item 3.    Legal Proceedings                                                7

Item 4.    Submission of Matters to a Vote of Security Holders              8

                                    PART II.

Item 5.    Market for Common Equity, Related Stockholder Matters and
           Small Business Issuer Purchases of Equity Securities             8

Item 6.    Management's Discussion and Analysis or Plan of Operation        8

Item 7.    Financial Statements                                             10

Item 8.    Changes in and Disagreements with Accountants on
           Accounting and Financial Disclosure                              19

Item 8A    Controls and Procedures                                          19

Item 8B    Other Information                                                19

                                    PART III.

Item 9.    Directors, Executive Officers, Promoters and Control Persons;
           Compliance with Section 16(a) of the Exchange Act                19

Item 10.   Executive Compensation                                           22

Item 11.   Security Ownership of Certain Beneficial Owners and Management   22
           And Related Stockholder Matters

Item 12.   Certain Relationships and Related Transactions                   23

                                    PART IV.

Item 13.   Exhibits                                                         23

Item 14.   Principal Accountant Fees and Services                           23

                                       3

<PAGE>

Note Regarding Forward Looking Information

This Annual Report on Form 10-KSB contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995, which reflect
management's current views with respect to future events and financial
performance. In this report, the words "anticipates," "believes," "expects,"
"intends," "future," "may" and similar expressions identify forward-looking
statements. These and other forward-looking statements are subject to certain
risks and uncertainties, including those discussed in the "Business Risks"
section of Item 6 and elsewhere in this Form 10-KSB, that could cause actual
results to differ materially from historical results or those anticipated.
Readers are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date hereof. We undertake no obligation
to publicly release the results of any revisions to these forward-looking
statements which may be made to reflect events or circumstances occurring
subsequent to the filing of the Form 10-KSB with the Securities and Exchange
Commission.

                                     PART I.

ITEM 1.  DESCRIPTION OF BUSINESS

THE COMPANY

Ingen Technologies, Inc. (formerly known as Creative Recycling Technologies,
Inc., hereinafter sometimes referred to as the "Registrant") was incorporated
under the laws of the state of Georgia in 1995 under the name Classic
Restaurants International, Inc. The Registrant changed its name in 1998 to
Creative Recycling Technologies, Inc. During the fiscal year ended June 30,
1999, the Registrant disposed of a wholly owned subsidiary that operated two
restaurants in Florida. The Registrant did not have any substantial business
activity after the sale.

The Registrant entered into an Agreement and Plan of Share Exchange dated
February 27, 1998 with AA Corp. under which the Registrant had agreed to
purchase all of the issued and outstanding stock of AA Corp. This agreement was
mutually rescinded by an agreement dated December 1999. Among the reasons for
rescission were: 1) AA Corp. was never a valid entity; and 2) its primary
shareholder was stated to be a trust that was never created and did not exist.
As a result of these circumstances, the proposed Agreement and Plan of Share
Exchange dated February 27, 1998 was deemed null and void. For purposes of the
financial information contained herein, the activity of AA Corp. is entirely
ignored and has been deemed to have never been a legal part of the Registrant.
The Registrant did issue stock as consideration for the acquisition of AA Corp.
Some of this stock was cancelled or returned. The value of the stock that was
issued as consideration for the acquisition of AA Corp. that was never returned
or cancelled has been deducted as an expense when it was issued.

From 1999 through March of 2004 the Registrant had no significant business
activities.

In March of 2004, the Registrant merged with (purchased all the stock of) a
Nevada corporation, Ingen Technologies, Inc. Ingen Technologies, Inc. survived
as a wholly owned subsidiary in Nevada for the sole purpose of operating the new
business of the Registrant. The Registrant remained a Georgia company, with
completely new management and an active business plan in the medical devices
industry (operated by the Nevada corporation with the same name). Shortly
thereafter, the name of the Registrant was changed to Ingen Technologies, Inc.

Ingen Technologies, Inc., the Nevada corporation, was founded by Scott R. Sand
in 1999. Upon the Registrant's acquisition of Ingen Technologies, Mr. Sand was
appointed as the Registrant's Chief Executive Officer and was elected as
Chairman of the Board of Directors.

The Registrant is currently delinquent in several of its required periodic
reports under the Securities Exchange Act of 1934. The Registrant stopped
periodic reporting during 1998. After the acquisition of Ingen periodic
reporting commenced on November 7, 2005. Reporting commenced with the filing of
the Form 10-KSB dated May 31, 2004. The Registrant is in the process of filing
all delinquent periodic reports due under the Securities Exchange Act of 1934.

Upon the acquisition of Ingen in March of 2004, the Registrant changed its
fiscal year from ending on June 30 to ending on May 31.

                                       4

<PAGE>

The Registrant reduced the authorized number of shares of its common shares from
500 million to 100 million in 2005. The number of authorized preferred shares is
40 million. Effective December 6, 2005, the Registrant authorized a reverse
split of common shares on a ratio of 40 into 1; thereby reducing the number of
issued shares from 488,037,593 to 12,201,138. The preferred shares were also
reverse split at a ratio of 3 into 1, reducing our issued preferred shares from
39.9 million to 13.3 million. Our preferred shares are convertible into common
shares on a 1 into 1 basis. Our preferred shares are entitled to vote on an
equal footing with common shares on all matters for which shareholder voting
input is required. The Registrant's common stock currently trades under the
symbol "IGTG." The shares outstanding as of June 30, 2002 have been adjusted to
reflect this reverse stock split.

In the fiscal years ended June 30, 2002 and June 30, 2001, the Registrant was
not engaged in any substantial business activities.

CURRENT BUSINESS OVERVIEW

The following is an overview of the existing business of the Registrant (the
business of Ingen Technologies acquired in March of 2004).

Ingen Technologies, Inc. (hereinafter referred to as "Ingen") is a medical
device manufacturer and service provider for medical and consumer markets both
domestic and abroad. Ingen currently has four products: Secure Balance(TM),
OxyAlert(TM), GasAlert(TM), and OxyView. These products are described in greater
detail in more current reports filed with the Securities and Exchange Commission
as well as on its website at www.ingen-tech.com.

The Registrant currently generates revenues from its Secure Balance(TM) program;
a medical product line for physicians and hospitals that provides patient
services for "balance & fall prevention" programs.

The Registrant has an oxygen-monitoring device known as OxyAlert(TM), a
second-generation design of the Company's BAFI(TM) product line. Both of these
products have been issued two US Patents: Patent No. 6,137,417 issued on October
24, 2000 and Patent No. 6,326,896 B1 issued on December 4, 2001. Both of these
products are low-oxygen safety warning devices used on remote oxygen cylinders
for patients, commercial aircraft, military transport, and fire and safety
equipment. OxyAlert(TM) technology encompasses the use of digital sensing and RF
frequency transfer so that care givers can access a hand-held remote to monitor
the actual oxygen level of any oxygen cylinder at a reasonable distance. The
Registrant anticipates beginning sales of OxyAlert(TM) in calendar year 2007
pending available capital.

Using the same patented and proprietary technology, the Registrant also plans to
offer its GasAlert(TM) product; a device that interfaces between any gas line
and accessory, such as a water heater, dryer, stove or heater, to detect leaks.
This is a mass consumer item. There currently is not an anticipated market date
for GasAlert(TM).

The newest product of the Registrant is OxyView, which has a U.S. (as well as
China and Japan) patent and trademark pending. This device is a pneumatic gauge
that provides visual safety warning of oxygen flow to hospitalized patients.
This product is designed to enhance the safety, assurance and accuracy of
hospitalized patients being administered oxygen from any source. OxyView is a
lightweight pneumatic gauge that is attached to the oxygen tubing just below the
neck. It informs the nursing staff of oxygen flow rate near the patient. It is
designed to quickly inform the hospital staff of any leak or inaccuracy between
the delivery source and the patient.

                                       5

<PAGE>

PRODUCT LIABILITY WITH THE REGISTRANT'S CURRENT PRODUCTS

Beginning with the design phase of product development, the Registrant has
incorporated preventive measures aimed at reducing its potential exposure to
liability risk. The Registrant's product development and manufacturing program
includes high product reliability standards meant to result in high mean times
between failures (MTBF). The Registrant plans to achieve a high MTBF factor by
pursuing strict quality control procedures and by holding its manufacturing
partners to such high standards by written contract. By designing and
manufacturing a reliable, high quality product, the Registrant will minimize,
but not eliminate, the possibility and occurrence of defective products.

The manufacturing and marketing of the Registrant's products, incorporating new
and unproved technology, has inherent risk. No one can be sure how each product
will operate over time and under various conditions of actual use. Even if the
products are successfully manufactured and marketed, the occurrence of warranty
or product liability, or retraction of market acceptance due to product failure
or failure of the product to meet expectations could prevent the Registrant from
ever becoming profitable. Development of new technologies for manufacture is
frequently subject to unforeseen expenses, difficulties and complications, and
in some cases such development cannot be accomplished. In the opinion of
management, the products, and services, as designed, have many positive
attributes, but such attributes must be balanced against limited field operating
experience and unknown technological changes.

GOVERNMENT REGULATION OF THE REGISTRANT'S CURRENT PRODUCT

MEDICAL DEVICE APPROVAL PROCESS. Medical devices are regulated by the Food and
Drug Administration ("FDA") according to their classification. The FDA
classifies a medical device into one of three categories based on the device's
risk and what is known about the device. The three categories are as follows:

     o    Class I devices are generally lower risk products for which sufficient
          information exists establishing that general regulatory controls
          provide reasonable assurance of safety and effectiveness. Most class I
          devices are exempt from the requirement for pre-market notification
          under section 510(k) of the Federal Food, Drug, and Cosmetic Act. FDA
          clearance of a pre-market notification is necessary prior to marketing
          a non-exempt class I device in the United States.

     o    Class II devices are devices for which general regulatory controls are
          insufficient to provide a reasonable assurance of safety and
          effectiveness and for which there is sufficient information to
          establish special controls, such as guidance documents or performance
          standards, to provide a reasonable assurance of safety and
          effectiveness. A 510(k) clearance is necessary prior to marketing a
          non-exempt class II device in the United States.

     o    Class III devices are devices for which there is insufficient
          information demonstrating that general and special controls will
          provide a reasonable assurance of safety and effectiveness and which
          are life-sustaining, life-supporting or implantable devices, or
          devices posing substantial risk. Unless a device is a preamendments
          device that is not subject to a regulation requiring a Pre-market
          Approval ("PMA"), the FDA generally must approve a PMA prior to the
          marketing of a class III device in the United States.

The Registrant's BAFI(TM) product line and Secure Balance(TM) are "Class-II"
devices.

LABELING AND ADVERTISING. The nature of marketing claims that the FDA will
permit the Registrant to make in the labeling and advertising of its medical
devices will be limited to those specified in its FDA 510(k)s. Should the
Registrant make claims exceeding those that are warranted, such claims will
constitute a violation of the Federal Food, Drug, and Cosmetics Act. Violations
of the Federal Food, Drug, and Cosmetics Act, Public Health Service Act, or
regulatory requirements at any time during the product development process,
approval process, or after approval may result in agency enforcement actions,
including voluntary or mandatory recall, license suspension or revocation,
510(k) withdrawal, seizure of products, fines, injunctions and/or civil or
criminal penalties. Any agency enforcement action could have a material adverse
financial effect on the Registrant. The Registrant's advertising of products
will also be subject to regulation by the Federal Trade Commission, under the
FTC Act. The FTC Act prohibits unfair methods of competition and unfair or
deceptive acts in or affecting commerce. Violations of the FTC Act, such as
failure to have substantiation for product claims, would subject us to a variety
of enforcement actions, including compulsory process, cease and desist orders,
and injunctions. FTC enforcement can result in orders requiring, among other
things, limits on advertising, corrective advertising, consumer redress, and
restitution. Violations of FTC enforcement orders can result in substantial
fines or other penalties.

                                       6

<PAGE>

FOREIGN REGULATION. Outside the United States, the Registrant's ability to
market its products will also depend on receiving marketing authorizations from
the appropriate regulatory authorities. The foreign regulatory approval process
includes all of the risks associated with FDA procedures described above. The
requirements governing the conduct of clinical trials and marketing
authorization vary widely from country to country.

EMPLOYEES

The Registrant currently has one full-time employee in its wholly owned
subsidiary. As of June 30, 2002 the Registrant had no employees.

INTELLECTUAL PROPERTY

As of June 30, 2002, the Registrant did not own any intellectual property
rights. Under its current business operations as of the filing of this report,
the Registrant owns two patents and a total of four trademarks for its products.
Patents, trademarks and trade secrets are essential to the future profitability
of the Registrant's products, and it is the Registrant's policy to pursue
intellectual property protection aggressively for all of its products.


ITEM 2.  DESCRIPTION OF PROPERTY

As of June 30, 2002, the Registrant did not rent or lease any office space.

The Registrant currently does not own any real property. It leases approximately
1,000 square feet of office space in Yucaipa, California at a current rental
rate of approximately $775 per month. This written lease expires on April 1,
2008. The Registrant also rents, on an oral month-to-month basis, a portion of
its current President's (Scott R. Sand) personal residence as a second office
for Mr. Sand and for storage space. The rental on this facility is $1400 per
month for about 1200 square feet of office and storage space. The Registrant
believes that these facilities are adequate for its current requirements.

ITEM 3.  LEGAL PROCEEDINGS

As of June 30, 2002, the Registrant was not a party to any material pending
litigation or other material legal proceeding.

                                       7

<PAGE>

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

None.

                                    PART II.

ITEM 5. MARKET FOR COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND SMALL BUSINESS
        ISSUER PURCHASES OF EQUITY SECURITIES

The Registrant's common stock currently trades on the "Pink Sheets" under the
stock symbol "IGTG." On June 30, 2002, the Registrant's common stock traded on
the Over-the-Counter Bulletin Board under the ticker symbol "CRTZ." The range of
high and low bid information as set forth below for the shares of the
Registrant's stock for the fiscal years ended June 30, 2001 and June 30, 2002
have been adjusted for all reverse stock splits or other capitalization
adjustments through January 2006 (including a twenty-for-one reverse stock split
on April 20, 1998 and a forty-for-one reverse stock split effective on December
6, 2005). The prices reflect the records of the OTC Bulletin Board (NASDAQ) and
as reported by the Pink Sheets. Such quotations represent prices between
dealers, do not include retail markup, markdown or commission, and may not
represent actual transactions.

Year Ended June 30, 2001                             High              Low
------------------------                             ----              ---

First Quarter - July 1 to Sept. 30, 2000            $  9.20          $ 4.40
Second Quarter - Oct. 1 to Dec. 31, 2000               6.00            0.40
Third Quarter - Jan. 1 to Mar. 31, 2001                6.80            0.80
Fourth Quarter - April 1 to June 30, 2001              2.80            1.20

Year Ended June 30, 2002                             High              Low
------------------------                             ----              ---

First Quarter - July 1 to Sept. 30, 2001            $  1.20          $ 0.44
Second Quarter - Oct. 1 to Dec. 31, 2001               0.80            0.24
Third Quarter - Jan. 1 to Mar. 31, 2002                0.32            0.16
Fourth Quarter - April 1 to June 30, 2002              0.20            0.12


As of June 30, 2002, the Registrant had approximately 519 shareholders of
record, including nominees and brokers holding street accounts. As of April 10,
2007, the last sale price for the Registrant's Class A common stock was $0.04
per share.

The Registrant has never paid cash dividends on its common stock and does not
anticipate that it will pay dividends in the foreseeable future.

Registrar and Transfer Agent
----------------------------

The Registrant's registrar and transfer agent is Executive Registrar & Transfer,
Inc., located at 3615 South Huron Street #104, Englewood, Colorado 80110; where
its telephone number is (303) 783-9055.

Recent Sales of Unregistered Securities
---------------------------------------

During the quarter ended June 30, 2002, the Registrant did not make any sales or
other issuances of securities.

ITEM 6. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

The following discussion should be read in conjunction with the financial
statements and accompanying notes included elsewhere in this Form 10-KSB.

The following information is presented for the Registrant's operations for the
year ended June 30, 2002 and June 30, 2001.

Results of Operations.

(a)  Revenues.

For the years ended June 30, 2002 and June 30, 2001, the Registrant did not
report any revenues. The lack of revenues in the fiscal years ended June 30,
2002 and June 30, 2001 have no relation to the current revenues or operations of
the Registrant.

                                       8

<PAGE>

(b) Selling, General and Administrative Expenses.

For the year ended June 30, 2002, the Registrant incurred total general and
administrative expenses ("G&A") of $23, compared to $13,792 in the fiscal year
ended June 30, 2001 (a decrease of 99.8%). The expenses incurred in the fiscal
year ended June 30, 2001 and June 30, 2002 have no relation to the current
expenses or operations of the Registrant.

(c) Depreciation and Amortization.

The Registrant did not record any depreciation or amortization expense in the
fiscal year ended June 30, 2002 or June 30, 2001.

(d) Interest Expense.

The Registrant incurred interest expense of $12,448 in the year ended June 30,
2002, a decrease of 6% from the interest expense of $13,223 incurred in the
fiscal year ended June 30, 2001.

(e) Income Tax Benefit.

For the fiscal year ending June 30, 2002, the Registrant had a net operating
loss carryforward of approximately $6.4 million expiring beginning in 2007. The
Registrant has not recognized any of this tax benefit as an asset due to
uncertainty of future income.

(f) Net Loss.

The Registrant recorded a net income of $286,878 for the fiscal year ended June
30, 2002. This is compared to the net loss of $27,015 from the fiscal year ended
June 30, 2001. The Registrant reported income from the forgiveness of
indebtedness in the amount of $299,349 in the fiscal year ended June 30, 2002.
This income was recorded due to the passing of the statute of limitations for
creditors to collect on various notes and payables.

Liquidity and Capital Resources.

The Registrant had a working capital deficit of $129,433 as of June 30, 2002. As
of June 30, 2002 the Registrant did not have any assets.

The Registrant had a working capital deficit of $416,311 as of June 30, 2001.
The decrease in the Registrant's working capital deficit was a result of various
notes and payables being written off due to the passing of the statute of
limitations for creditors to collect on them.

As a result of the working capital deficit as of June 30, 2002, the report of
the Registrant's independent certified public accountants notes that the
Registrant has cash flow constraints, an accumulated deficit and has suffered
recurring losses from operations and these conditions raise substantial doubt
about the company's ability to continue as a going concern.

Inflation.

The Registrant's management does not believe that inflation has had or is likely
to have any significant impact on its operations.

Other.

The Registrant does not provide post-retirement or post-employment benefits
requiring charges under Statements of Financial Accounting Standards Nos. 106
and 112.

                                       9

<PAGE>

ITEM 7. FINANCIAL STATEMENTS

                [Child, Van Wagoner & Bradshaw, PLLC letterhead]

             REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM


Officers and Directors
Creative Recycling Technologies, Inc. (now known as Ingen Technologies, Inc.)

We have audited the accompanying balance sheet of Creative Recycling
Technologies, Inc. as of June 30, 2002, and the related statements of
operations, stockholders' deficit, and cash flows for the years ended June 30,
2002 and 2001 These financial statements are the responsibility of the Company's
management. Our responsibility is to express an opinion on these financial
statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company
Accounting Oversight Board (United States of America). Those standards require
that we plan and perform the audit to obtain reasonable assurance about whether
the financial statements are free of material misstatement. The company is not
required to have, nor were we engaged to perform, an audit of its internal
control over financial reporting. Our audit included consideration of internal
control over financial reporting as a basis for designing audit procedures that
are appropriate in the circumstances, but not for the purpose of expressing an
opinion on the effectiveness of the company's internal control over financial
reporting. Accordingly, we express no such opinion. An audit also includes
examining, on a test basis, evidence supporting the amounts and disclosures in
the financial statements, assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall
financial statement presentation. We believe that our audits provide a
reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in
all material respects, the financial position of Creative Recycling
Technologies, Inc. as of June 30, 2002, and the results of its operations,
stockholders' deficit and its cash flows for the years ended June 30, 2002 and
2001, in conformity with accounting principles generally accepted in the United
States of America.

The accompanying financial statements referred to above have been prepared
assuming that the Company will continue as a going concern. As discussed in Note
2 to the financial statements, the Company has incurred losses from operations,
requires funds for its operational activities, and has no established source of
revenue to sustain operations. These factors raise substantial doubt that the
Company will be able to continue as a going concern. The financial statements do
not include any adjustments that might result from the outcome of this
uncertainty.


/s/ Child, Van Wagoner & Bradshaw, PLLC
Certified Public Accountants
Salt Lake City, Utah
April 23, 2007



                                       10

<PAGE>

CREATIVE RECYCLING TECHNOLOGIES, INC.
(NOW KNOWN AS INGEN TECHNOLOGIES, INC.)
BALANCE SHEET
JUNE 30, 2002

ASSETS                                                      BALANCE AT
                                                           JUNE 30, 2002
                                                          --------------

        Total Assets                                      $            -
                                                          ==============

LIABILITIES & STOCKHOLDERS' DEFICIT

        CURRENT LIABILITIES
        Accounts payable                                  $     116,096
        Note payable to officer                                  13,337
                                                          --------------

        Total current liabilities                               129,433

        Total liabilities                                       129,433

        STOCKHOLDERS' DEFICIT
        Common stock, Class A no par value,
          100,000,000 shares authorized,
          321,615 shares issued and outstanding
          as of June 30, 2002                                10,508,607
        Common stock, Class B no par value,
          200,000,000 shares authorized,
          no shares issued and outstanding
          as of June 30, 2002                                         -
        Preferred stock, Series A, convertible,
          stated value $25,000 per share,
          20 shares authorized, no shares
          issued and outstanding
          as of June 30, 2002                                         -
        Preferred stock, Series B, convertible,
          stated value $15 per share,
          12,000 shares authorized, no shares
          issued and outstanding
          as of June 30, 2002                                         -
        Preferred stock, Series C, convertible
          stated value $50,000 per share,
          12 shares authorized,
          no shares issued or outstanding
          as of June 30, 2002                                         -
        Accumulated Deficit                                 (10,638,040)
                                                          --------------

        Total stockholders' deficit                            (129,433)
                                                          --------------

        Total liabilities and stockholders' deficit       $           -
                                                          ==============

The accompanying notes are an integral part of these financial statements.


                                       11

<PAGE>

<TABLE>

CREATIVE RECYCLING TECHNOLOGIES, INC.
(NOW KNOWN AS INGEN TECHNOLOGIES, INC.)
STATEMENTS OF OPERATIONS
FOR THE YEARS ENDED JUNE 30, 2002 AND JUNE 30, 2001

                                                           FISCAL YEAR      FISCAL YEAR
                                                               ENDED           ENDED
                                                           JUNE 30, 2002   JUNE 30, 2001
                                                           ------------    ------------
<S>                                                        <C>             <C>
General and administrative expenses                        $        (23)   $    (13,792)

Interest expense                                                (12,448)        (13,223)
Debt forgiveness income                                         299,349              --
                                                            ------------    ------------

Income (loss) before provision for income taxes                 286,878        (27,015)

Provision for income taxes                                           --              --
                                                           ------------    ------------

Net income (loss)                                          $    286,878   $    (27,015)
                                                           ============    ============


Basic net income (loss) per weighted share                 $       0.89   $      (0.08)

Basic weighted average shares outstanding                       321,615         321,615


The accompanying notes are an integral part of these financial statements.


                                           12


<PAGE>


CREATIVE RECYCLING TECHNOLOGIES, INC.
(NOW KNOWN AS INGEN TECHNOLOGIES, INC.)
STATEMENTS OF STOCKHOLDERS' DEFICIT
FOR THE PERIOD FROM JUNE 30, 2000 THROUGH JUNE 30, 2002

                                           COMMON STOCK                    COMMON STOCK                    SERIES A
                                              CLASS A                         CLASS B                CONVERTIBLE PREF STOCK
                                        SHARES         AMOUNT          SHARES          AMOUNT         SHARES         AMOUNT
                                     ------------   ------------    ------------    ------------   ------------   ------------

Balance at June 30, 2000                  321,615   $ 10,484,607               -    $          -              -   $          -

Debt contributed to capital                     -         24,000               -               -              -              -
Loss for year ended June 30, 2001               -              -               -               -              -              -
                                     ------------   ------------    ------------    ------------   ------------   ------------

Balance at June 30, 2001                  321,615   $ 10,508,607               -    $          -              -   $          -

Income for year ended June 30, 2002             -              -               -               -              -              -
                                     ------------   ------------    ------------    ------------   ------------   ------------

Balance at June 30, 2002                  321,615   $ 10,508,607               -    $          -              -   $          -
                                     ============   ============    ============    ============    ===========   ============


                                              SERIES B
                                       CONVERTIBLE PREF STOCK       ACCUMULATED
                                        SHARES         AMOUNT         DEFICIT          TOTAL
                                     ------------   ------------   ------------    ------------

Balance at June 30, 2000                        -   $          -   $(10,897,903)   $   (413,296)

Debt contributed to capital                     -              -              -          24,000
Loss for year ended June 30, 2001               -              -        (27,015)        (27,015)
                                     ------------   ------------   ------------    ------------

Balance at June 30, 2001                        -   $          -   $(10,924,918)   $   (416,311)

Income for year ended June 30, 2002             -              -        286,878         286,878
                                     ------------   ------------   ------------    ------------

Balance at June 30, 2002                        -   $          -   $(10,638,040)   $   (129,433)
                                     ============   ============   =============   =============


The accompanying notes are an integral part of these financial statements.


                                                 13

<PAGE>


CREATIVE RECYCLING TECHNOLOGIES, INC.
(NOW KNOWN AS INGEN TECHNOLOGIES, INC.)
STATEMENTS OF CASH FLOWS
FOR THE YEARS ENDED JUNE 30, 2002 AND JUNE 30, 2001

                                                           Fiscal year     Fiscal year
                                                              ended           ended
                                                          June 30, 2002   June 30, 2001
                                                          -------------   -------------

Cash flows from Operating Activities:
  Net income (loss) from operations                       $    286,878    $    (27,015)

ADJUSTMENTS TO RECONCILE NET LOSS TO NET CASH
    REQUIRED BY OPERATING ACTIVITIES:
  Increase in accounts payable                                       0             478
  Debt forgiveness income                                     (299,349)              0
  Increase in accrued interest                                  12,448          13,223
                                                          ------------    ------------

  NET CASH USED IN OPERATING ACTIVITIES                            (23)        (13,314)
                                                          ------------    ------------

  NET CASH PROVIDED BY INVESTING ACTIVITIES                          0               0

CASH FLOWS FROM FINANCING ACTIVITIES:
  Net loans from officer                                            23          13,314
                                                          ------------    ------------

  NET CASH PROVIDED BY FINANCING ACTIVITIES                         23          13,314
                                                          ------------    ------------

Net increase (decrease) in cash                                      0               0

Cash, at beginning of period                                         0               0
                                                          ------------    ------------

Cash, at end of period                                    $          0    $          0
                                                          ============    ============


The accompanying notes are an integral part of these financial statements.


                                           14
</TABLE>

<PAGE>

CREATIVE RECYCLING TECHNOLOGIES, INC.
(NOW KNOWN AS INGEN TECHNOLOGIES, INC.)
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2002

NOTE 1 - ORGANIZATION

ORGANIZATION AND NATURE OF OPERATIONS

Creative Recycling Technologies, Inc. (now known as Ingen Technologies, Inc.,
hereinafter referred to as the Registrant) was organized under the laws of the
State of Georgia in 1995. The Registrant changed its name to Creative Recycling
Technologies in 1998 when it entered into an Agreement and Plan of Share
Exchange dated February 27, 1998 with AA Corp. under which the Registrant had
agreed to purchase all of the issued and outstanding stock of AA Corp. This
agreement was mutually rescinded by an agreement dated December 1999. Among the
reasons for rescission were: 1) AA Corp. was never a valid entity; and 2) its
primary shareholder was stated to be a trust that was never created and did not
exist. As a result of these circumstances, the proposed Agreement and Plan of
Share Exchange dated February 27, 1998 was deemed null and void. For purposes of
the financial information contained herein, the activity of AA Corp. is entirely
ignored and has been deemed to have never been a legal part of the Registrant.
The Registrant did issue stock as consideration for the acquisition of AA Corp.
Some of this stock was cancelled or returned. The value of the stock that was
issued as consideration for the acquisition of AA Corp. that was never returned
or cancelled has been deducted as an expense when it was issued.

During the fiscal year ended June 30, 1999, the Registrant sold its wholly owned
subsidiary that had operated two restaurants. Upon the sale of the subsidiary,
the Registrant did not have any substantial activities.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

BASIS OF PRESENTATION

The accompanying financial statements have been prepared assuming that the
Registrant will continue as a going concern. The Registrant has incurred losses
from operations and requires funds for its operational activities. These factors
raise substantial doubt about the Registrant's ability to continue as a going
concern. There are no assurances that funds will be available to execute the
Registrant's operating plan. The accompanying financial statements do not
include any adjustments that might result from the outcome of this uncertainty.

MANAGEMENT ESTIMATES

The preparation of financial statements in conformity with generally accepted
accounting principles requires management to make estimates and assumptions that
affect the reported amounts of assets and liabilities and the disclosure of
contingent assets and liabilities and the reported amounts of income and
expenses. Actual results could differ from those estimates.

Cash and Cash Equivalents

The Registrant considers all liquid investments with a remaining maturity of
three months or less to be cash equivalents. Balances in bank accounts may, from
time to time, exceed federally insured limits. Due to the lapse of a significant
amount of time between the end of the fiscal year and commencement of the audit
performed in 2007, the Registrant wrote off all cash balances that may have
existed as of June 30, 2002 due to the difficulty in confirming the balances in
the accounts.

REVENUE RECOGNITION

No revenues were recognized in the fiscal years ended June 30, 2001 or June 30,
2002.

PROPERTY AND EQUIPMENT

The Registrant did own any property as of June 30, 2001 or June 30, 2002.

                                       15

<PAGE>

STOCK-BASED COMPENSATION

SFAS No. 123, "Accounting for Stock-Based Compensation," defines a fair value
based method of accounting for stock-based compensation. However, SFAS No. 123
allows an entity to continue to measure compensation cost related to stock and
stock options issued to employees using the intrinsic method of accounting
prescribed by Accounting Principles Board Opinion ("APB") No. 25, "Accounting
for Stock Issued to Employees." Entities electing to remain with the accounting
method of APB No. 25 must make pro forma disclosures of net income (loss) and
earnings (loss) per share, as if the fair value method of accounting defined in
SFAS No. 123 had been applied.

FISCAL YEAR-END

The Registrant had elected a June 30 year end for financial and income tax
reporting purposes. The fiscal year end was changed to May 31 in 2004 with the
acquisition of the Registrant's current operating subsidiary.

ACCOUNTING FOR DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

Derivatives must be recognized in the balance sheet at their fair market value,
and the corresponding derivative gains or losses be either reported in the
statement of operations or as a component of other comprehensive income
depending on the type of hedge relationship that exists with respect to such
derivative. Currently, the Registrant has no derivatives.

NET INCOME (LOSS) PER SHARE

Basic loss per share is computed by dividing net loss available to common
stockholders by the weighted average number of common shares outstanding during
the periods presented.

NOTE 3 - PROPERTY AND EQUIPMENT

The Registrant did own any property as of June 30, 2001 or June 30, 2002.

NOTE 4 - NOTES PAYABLE

The Registrant and its wholly owned subsidiary entered into notes payable with
various third parties from October 1994 through June 1997. The Registrant sold
its wholly owned subsidiary, Classic Restaurants International, Inc., in the
fiscal year ended June 30, 1999. Notes with a principal balance of $113,448 were
originally entered into by Classic and thus were no longer a liability of the
Registrant when Classic was sold. As of June 30, 2001, the total outstanding
principal balance of notes payable was $86,468. All of these notes were past due
and payable as of June 30, 2001. None of these notes were ever paid. The
remaining notes were written off in June of 2002 due to the lapse of the statute
of limitations for the holders to collect them. Interest rates ranged from 10%
to 18.25%.

NOTE 5 - LEASES AND COMMITMENTS:

As of June 30, 2002, the Registrant was not obligated under any leases.

NOTE 6 - STOCKHOLDERS' DEFICIT

The Registrant effectuated a reverse stock split on its Class A common stock at
a rate of twenty for one on April 20, 1998. The Registrant also effectuated
another reverse stock split on its Class A common stock at a rate of forty for
one on December 6, 2005. Both of these reverse stock splits have been reflected
in the presentation of the number of shares of Class A common stock outstanding
as of June 30, 2001 and June 30, 2002.

                                       16

<PAGE>

The Registrant's Series A convertible preferred stock has common stock voting
rights and pays no dividends. The Series A convertible preferred stock is
redeemable at the option of the Registrant 12 months after issuance at $25,000
per share. The conversion price is the lesser of the closing bid price of the
Class A common stock on the date of the subscription agreement or 60% of the
average closing bid price for a period of 3 trading days immediately preceding
the date of conversion. As of June 30, 2002, no Series A convertible preferred
stock is outstanding.

The Registrant's Series B convertible preferred stock has voting rights and pays
a dividend at a rate of 11.5%. The Series B convertible preferred stock is not
redeemable by the Registrant. The conversion price is $1.50 per share. As of
June 30, 2002, no Series B convertible preferred stock is outstanding.

The Registrant's Series C convertible preferred stock does not have common stock
voting rights and is not entitled to receive dividends. The Series C convertible
preferred stock is redeemable by the Registrant any time after issuance at a
price of $50,000 per share. The conversion price is equal to the closing bid
price on the conversion date. As of June 30, 2002, no Series C convertible
preferred stock is outstanding.

NOTE 7 - INCOME TAXES:

The Registrant's income tax expense is not significant.

At June 30, 2002, the Registrant has a net operating loss carryforward totaling
approximately $6.4 million that may be offset against future taxable income
through 2007. No tax benefit has been reported in the accompanying financial
statements, because the Registrant believes there exists a possibility that the
carryforward will expire unused. Accordingly, the tax benefit of the loss
carryforward has been offset by a valuation allowance of the same amount. The
expected tax benefit that would result from applying federal statutory tax rates
to the pre-tax loss differs from amounts reported in the financial statements
because of the increase in the valuation allowance.

NOTE 8 - RELATED PARTY TRANSACTIONS

In October of 2000, the president of the Registrant loaned the Registrant
$22,000. This loan was not interest bearing. The balance of this loan as of June
30, 2002 was $13,337.

NOTE 9 - COMMITMENTS AND CONTINGENCIES

As of June 30, 2002, the Registrant was not a party to any material pending
litigation or other material legal proceeding.

                                       17

<PAGE>


NOTE 10 - SUBSEQUENT EVENTS

After the sale of Classic Restaurants International, Inc., the Registrant did
not have any substantial business activities until the acquisition of Ingen
Technologies, Inc. (a Nevada corporation) in March of 2004. The Registrant
changed its name to Ingen Technologies, Inc. and its subsidiary of the same name
continued its business activities as a wholly owned subsidiary of the
Registrant.

The Registrant effectuated a reverse stock split at a rate of forty-for-one on
December 6, 2005. All adjustments as a result of this reverse stock split have
been made to the information contained in these financial statements.


                                       18

<PAGE>

ITEM 8.   CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
          FINANCIAL DISCLOSURES

None.

ITEM 8A.  CONTROLS AND PROCEDURES

(a) The Chief Executive Officer and the Chief Financial Officer have within 90
days of the filing date of this annual report made an evaluation of the
company's disclosure controls and procedures (as defined in Rules 13a-14(c) and
15d-14(c) under the Securities Act of 1934, as amended). In their opinion, the
disclosure controls and procedures are adequate because the systems of controls
and procedures are designed to assure, among other items, that 1) recorded
transactions are valid; 2) valid transactions are recorded; and 3) transactions
are recorded in the proper period in a timely manner to produce financial
statements which present fairly the financial condition, results of operations
and cash flows for the respective periods being presented. Moreover, the
evaluation did not reveal any significant deficiencies or material weaknesses in
the Registrant's disclosure controls and procedures.

(b) There have been no significant changes in the Registrant's internal controls
or in other factors that could significantly affect these controls since the
last evaluation.

ITEM 8B.  OTHER INFORMATION

None.

                                    PART III.

ITEM 9.   DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS;
          COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE ACT.

Officers and Directors.

The names, ages, and respective positions of the directors, executive officers,
and key employees of the Registrant are set forth below; there are no other
promoters or control persons of the Registrant. The directors named below will
serve until the next annual meeting of the Registrant's stockholders or until
their successors are duly elected and have qualified. Directors are elected for
a one-year term at the annual stockholders' meeting. Officers will hold their
positions at the will of the board of directors, absent any employment
agreement. The directors and executive officers of the Registrant are not a
party to any material pending legal proceedings and, to the best of their
knowledge, no such action by or against them has been threatened.

<TABLE>
                                           POSITION                       DATES
NAME                        AGE          WITH COMPANY                   OF SERVICE
----                        ---          ------------                   ----------
<S>                          <C>      <C>                               <C>

Edward T. Whelan              *       President & Director              October 2000 - March 2004

Scott R. Sand                48       Chairman, Chief Executive         March 2004 - current
                                       Officer and Director

Thomas J. Neavitt            75       Secretary and                     March 2004 - current
                                       Chief Financial Officer

KHOO Yong Sin                42       Director                          October 2004 - current

Christopher A. Wirth         51       Director                          March 2004 - current

Curt A. Miedema              49       Director                          March 2004 - current

Stephen O'Hara               53       Director                          December 2004 - current

John Finazzo                 41       Director                          June 2005 - current

</TABLE>

  * No information available on these directors who served either temporarily or
during periods of inactivity. The Registrant no longer has any contact with the
former directors.

                                       19


<PAGE>

SIGNIFICANT EMPLOYEES

None.

FORMER OFFICERS AND DIRECTORS:

EDWARD T. WHELAN served as a president and director of the Registrant from
October 2000-March 2004. The Registrant does not have any biographical
information on Mr. Whelan on file.

CURRENT OFFICERS AND DIRECTORS (since the March 2004 acquisition of Ingen
Technologies, Inc.):

SCOTT SAND has served as Chief Executive Officer and Chairman of the Board of
Directors since the acquisition of Ingen in March 2004. Mr. Sand has a diversity
of experience in the health care industry both domestic and abroad which spans
more than 25 years. His contributions and accomplishments have been published in
the Los Angeles Times and the Sacramento Tribune. He has been the recipient of
recognition awards by high honored factions such as the United States Congress
and the State Assembly, receiving the highest Commendation in the County of Los
Angeles for his contributions to health care. Mr. Sand served as the CEO of
Medcentrex, Inc. for 10 years in the 1990's, a medical service provider to more
than 600 physicians nationwide. He served as the Director of Sales & Marketing
for Eye Dynamics, Inc. for 7 years, a public company and manufacturer of Video
ENG systems; assisting in their technology upgrades and design for VNG and
increasing their sales each quarter during that time. He resigned from Eye
Dynamics, Inc. to accept the full-time position as CEO & Chairman of Ingen
Technologies, Inc. in 2004. Mr. Sand received a Bachelor of Science Degree in
Computer Science from California State University and a MBA from California
State University.

THOMAS J. NEAVITT has served on the Board of Directors of the Registrant since
the acquisition of Ingen in March 2004. Mr. Neavitt has held a variety of
executive level positions for product and service based corporations over the
last 40 years. Mr. Neavitt's experience includes finance, marketing, business
development, sales, and collections. Additionally, Mr. Neavitt has experience in
real estate as both a broker and developer. Mr. Neavitt served in the U.S. Navy.
Mr. Neavitt left the Navy and became President and CEO of Penn-Akron Corporation
and its wholly owned subsidiary Eagle Lock Corporation. He was instrumental in
the successful acquisition of this company. Mr. Neavitt also served as President
of TR-3 Chemical Corporation for nearly 20 years who sold products throughout
the U.S. and some foreign countries. Tom now serves as a consultant to various
corporations throughout the country. Mr. Neavitt has been President of AmTech
Corporation, which manufactures stabilizing systems, for the past 5 years.

YONG SIN KHOO has served as a director of the Registrant since October 2004.
Yong Sin Khoo lives in Singapore. He worked as an engineer for 12 years and a
further 5 years in managing a portfolio of business assets. He has extensive
experience as a logistics systems engineer in the military and retail
engineering with the oil major, Shell. In addition, he has significant
experience in the area of mergers & acquisitions. In 1984, he was awarded a
scholarship by the Singapore government to pursue electrical engineering at the
University of Queensland, Australia. In the area of information technology, he
was responsible for managing Shell Singapore's Y2K project for the marketing
function. Another IT pioneering effort was the use of artificial intelligence to
develop diagnostic tools for maintenance support for the Army's radar systems.
His current business interests are focused in the areas of biomedical and
environmental technologies. He has a Bachelor's Degree in Electrical Engineering
from the University of Queensland.

                                       20

<PAGE>

CHRISTOPHER A. WIRTH has served on the Board of Directors of the Registrant
since the acquisition of Ingen in March 2004. Mr. Wirth has over 20 years of
business consulting, finance, construction and real estate development
experience. He brings a working knowledge of finance and the mechanics of
syndications, construction planning and startup business expansion skills. Mr.
Wirth has knowledge and experience in SEC, HUD, SBA, USDA, banking and
businesses. He attended San Bernardino Valley College and takes continuing
education courses. He continues to consult to environmental and renewable energy
firms, and has worked as a HUD YouthBuild construction instructor. Mr. Wirth has
previous medical background training through his service in the U.S. Navy, from
1973 to 1977, as a Hospital Corpsman. Mr. Wirth has been a director and spokes
person for AgriHouse, an urban agricultural technology company, since 2000.

CURT A. MIEDEMA has served on the Board of Directors of the Registrant since the
acquisition of Ingen in March 2004. For the last 5 years, Mr. Miedema has been
self-employed with his own investment company called Miedema Investments. Mr.
Miedema graduated from Unity Christian High School in 1975 and attended
Davenport College for 1 year thereafter.

STEPHEN O'HARA, MD, has served as a director of the Registrant since December
2004. The Consumer's Research Council of America, an independent organization
based in Washington, D.C. recently ranked Dr. Stephen O'Hara among the top two
percent of clinical neurologists nationwide. He attended Stanford University and
graduated in 1975 with a Bachelor's of Science degree in biology and performed
honors research in the laboratory of Dr. Donald Kennedy, who subsequently served
as President of Stanford University. Dr. O'Hara obtained his M.D. from
Northwestern University in 1979, where he became president of the Northwestern
chapter of the American Medical Student Association, then proceeded to complete
his residency in neurology at UCLA in 1983. Dr. O'Hara is board-certified in
neurology through the American Board of Psychiatry and Neurology. Since
completing his residency, Dr. O'Hara has continued to teach the residents in the
neurology program at UCLA while maintaining a private practice in Century City,
California for the past 16 years with an emphasis on geriatric neurology and
disorders of balance.

JOHN J. FINAZZO, MD, has served as a director of the Registrant since June 2005.
Dr. Finazzo graduated from the University of California, Riverside in 1986 with
a degree in Bio-Medical Sciences. He received his MD degree from the UCLA School
of Medicine in 1989. He completed a two-year Surgical Internship at UCLA Center
for Health Science in 1991. He then completed residency in Otolaryngology - Head
and Neck Surgery at the State University of New York Health Science Center,
Brooklyn in 1995. He is Board Certified in Otolaryngology (since 1996). Dr.
Finazzo has been in private practice in the Palm Springs area for eight years.
He is also on the surgical staffs at the Desert Regional Medical Center, the
John F. Kennedy Medical Center and the Eisenhower Medical Center. Dr. Finazzo is
also Section Chief - Division of Otolaryngology at Eisenhower Medical Center. He
resides in Palm Springs with his wife of 15 years. He is active in clinical
research for the treatment of acute sinusitis.

SECTION 16(a) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE

The Registrant's Class A Common Stock was registered under Section 12(g) of the
Exchange Act on June 28, 1996, and thereby became subject to the reporting
requirements of Section 16(a) on that date. Section 16(a) requires the Company's
directors and executive officers, and holders of more than 10% of the Company's
Common Stock, to file with the Securities and Exchange Commission ("SEC")
initial reports of ownership and reports of changes in ownership of Common Stock
and other equity securities of the Company. Such officers, directors and 10%
stockholders are required by SEC regulation to furnish the Company with copies
of all Section 16(a) forms they file.

The Registrant is not aware of any Section 16(a) filings made by any directors
and executive officers, and holders of more than 10% of the Registrant's Common
Stock during the fiscal year ended June 30, 2002.

MANAGEMENT CODE OF ETHICS AND BUSINESS CONDUCT

The Registrant currently has adopted a "Management Code of Ethics and Business
Conduct" ("Code"), a code of ethics that will apply to its employees (once
employees are hired), and applies to officers and directors of the Registrant. A
copy of the Code is posted on the current Internet site of the Registrant at
www.ingen-tech.com. In the event that any amendments are made to, or grant any
waiver of, a provision of the Code that applies to the principal executive
officer, principal financial officer, or principal accounting officer that
requires disclosure under applicable SEC rules, the Registrant intends to
disclose such amendment or waiver and the reasons therefore on a Form 8-K or on
its next periodic report.

                                       21


<PAGE>

AUDIT COMMITTEE

We do not have an Audit Committee and are not required to have one under Section
302 of Sarbanes-Oxley. Our financial matters and relationship with our
independent auditors is over-seen by our two officers, the CEO and
Secretary-CFO.

AUDIT COMMITTEE FINANCIAL EXPERT

The Registrant does not currently have an audit committee and therefore does not
have an audit committee financial expert.


ITEM 10.   EXECUTIVE COMPENSATION.

The table below shows the compensation paid to the Registrant's President for
the past two fiscal years. No other officers or employees received total
compensation that exceeded $100,000.

<TABLE>
                                                   Summary Compensation Table

                                                 Annual Compensation                          Long-term Compensation

Name and                    Fiscal                            Other    Restricted       Securities                   All
principal                   Year                              annual      stock         underlying     LTIP         other
position                    Ended       Salary    Bonus    compensation   awards       options/SARs   payouts    compensation
        (a)                  (b)          (c)      (d)         (e)         (f)              (g)         (h)           (i)
<S>                       <C>             <C>      <C>         <C>      <C>                  <C>        <C>           <C>
Edward T. Whelan
President & Chairman      6/30/2002        0        0           0               0             0          0             0
                          6/30/2001        0        0           0               0             0          0             0


</TABLE>

There are no outstanding stock options.

There are no employment agreements with any of the Registrant's executive
officers.


ITEM 11.   SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

The following table sets forth certain information regarding the beneficial
ownership of the Registrant's common stock by each person or group that is known
by the Registrant to have been the beneficial owner of more than five percent of
its outstanding common stock, each director and officer of the Registrant and
all directors and executive officers of the Registrant as a group as of June 30,
2002. Unless otherwise indicated, the Registrant believes that the persons named
in the table below, based on information furnished by such owners, have sole
voting and investment power with respect to the common stock beneficially owned
by them, where applicable. For information on current security ownership of
certain beneficial owners and current management of the Registrant, please see
current filings made by the Registrant with the SEC.

Title of       Name and Address of           Amount and Nature      Percent
 Class         Beneficial Owner             of Beneficial Owner     of Class
--------------------------------------------------------------------------------

Common         Edward T. Whelan                   0                  0.00%
               Current address unknown

All Directors and Officers on June 30, 2002
as a Group (1 Person)                             0                  0.00%

All stock ownership has been adjusted for the forty-for-one reverse stock split
effectuated on December 6, 2005.

All other classes of stock (Class B Common and various preferred classes) have
been ignored.

                                       22

<PAGE>

EQUITY COMPENSATION PLAN INFORMATION

As of June 30, 2002, the Registrant did not have an equity compensation plan.
Currently, the Registrant does not have any equity compensation plans in effect.

ITEM 12.   CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.

In October of 2000, the president of the Registrant loaned the Registrant
$22,000. This loan was not interest bearing. The balance of this loan as of June
30, 2002 was $13,337.


                                     PART IV

ITEM 13.   EXHIBITS

(a) EXHIBITS


(b) REPORTS ON FORM 8-K


ITEM 14.   PRINCIPAL ACCOUNTANT FEES AND SERVICES

The following table sets forth fees billed to us by our auditors during the
fiscal years ended June 30, 2002 and 2001 for: (i) services rendered for the
audit of our annual financial statements and the review of our quarterly
financial statements, (ii) services by our auditor that are reasonably related
to the performance of the audit or review of our financial statements and that
are not reported as Audit Fees, (iii) services rendered in connection with tax
compliance, tax advice and tax planning, and (iv) all other fees for services
rendered.

                                June 30, 2002      June 30, 2001
                                -------------      -------------
(i)       Audit Fees             $        -         $        -
(ii)      Audit Related Fees              -                  -
(iii)     Tax Fees                        -                  -
(v)       All Other Fees                  -                  -
                                 ------------       ------------
Total fees                       $        -         $        -
                                 ============       ============


AUDIT FEES. Consists of fees billed for professional services rendered for the
audit of the Registrant's financial statements and review of the interim
financial statements included in quarterly reports and services that are
normally provided by the auditing firm of the Registrant in connection with
statutory and regulatory filings or engagements.

AUDIT-RELATED FEES. Consists of fees billed for assurance and related services
that are reasonably related to the performance of the audit or review of the
Registrant's financial statements and are not reported under "Audit Fees." There
were no Audit-Related services provided in the fiscal years ended June 30, 2002
or June 30, 2001.

TAX FEES. Consists of fees billed for professional services for tax compliance,
tax advice and tax planning.

ALL OTHER FEES. Consists of fees for products and services other than the
services reported above. There were no management consulting services provided
in the fiscal years ended June 30, 2002 or June 30, 2001.


                                       23

<PAGE>

                                   SIGNATURES

     In accordance with section 13 or 15(d) of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

                                     Ingen Technologies, Inc.


                                     By: /s/ Scott R. Sand
                                         -----------------
                                     Name: Scott R. Sand
                                     Title: Chief Executive Officer and Chairman

                                     Date: May 11, 2007


KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears
below hereby severally constitutes and appoints Scott R. Sand his or her true
and lawful attorney-in-fact and agent, with full power of substitution and
re-substitution for him or her and in his or her name, place and stead, in any
and all capacities to sign any and all amendments to this Report, and to file
the same, with all exhibits thereto, and other documents in connection
therewith, with the Commission, granting unto said attorney-in-fact and agents,
and each of them, full power and authority to do and perform each and every act
and thing requisite or necessary fully to all intents and purposes as he or she
might or could do in person, hereby ratifying and confirming all that each said
attorneys-in-fact and agents or any of them or their or his or her substitute or
substitutes, may lawfully do or cause to be done by virtue hereof.

In accordance with the Securities Exchange Act of 1934, this report has been
signed below by the following persons on behalf of registrant in the capacities
and on the dates indicated.


Signature                    Title                              Date

/s/ Scott R. Sand
-----------------
Scott R. Sand                Chief Executive Officer,
                             Chairman (Principal
                             Executive Officer)

/s/ Thomas J. Neavitt
---------------------
Thomas J. Neavitt            Secretary, Chief Financial
                             Officer (Principal Financial
                             and Accounting Officer)

/s/ Khoo Yong Sin
-----------------
Khoo Yong Sin                Director

/s/ Christopher A. Worth
------------------------
Christopher A. Worth         Director

/s/ Curt A. Miedema
-------------------
Curt A. Miedema              Director

/s/ Stephen O'Hara
------------------
Stephen O'Hara               Director

/s/ John Finazzo
----------------
John Finazzo                 Director

                                       24