QUOTE AND NEWS
DailyFinance  Dec 18  Comment 
iGO, Inc. (OTCQB:IGOI) (the “Company”) today announced that it filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under Section 12(g) of the Securities Exchange Act of...
StreetInsider.com  Aug 12  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/iGo%2C+Inc.+%28IGOI%29+Narrows+Q2+Loss/8589825.html for the full story.
Benzinga  Jul 25  Comment 
iGO, Inc. (Nasdaq: IGOI) (the "Company") and Steel Excel Inc. (Other OTC:SXCL) ("Steel") announced today that Steel has commenced a cash tender offer to acquire up to 1,316,866 of the outstanding shares of the Company's common stock, representing...
StreetInsider.com  Jul 12  Comment 
iGO, Inc. (Nasdaq: IGOI) 48.9% HIGHER; entered into a definitive Stock Purchase and Sale Agreement with Steel Excel Inc. (OTCBB: SXCL) pursuant to which Steel will commence a cash tender offer to purchase up to 44.0% of the outstanding shares of...
StreetInsider.com  Jul 12  Comment 
* Tsinghua Unigroup Ltd., an operating subsidiary of Tsinghua Holdings Co. Ltd., a solely state-owned limited liability corporation funded by Tsinghua University in China, and Spreadtrum Communications, Inc. (Nasdaq: SPRD) jointly announced that...
StreetInsider.com  Jul 11  Comment 
Stocks moving in after-hours trading on 7/11/13: iGO, Inc. (Nasdaq: IGOI) 63.8% HIGHER; entered into a definitive Stock Purchase and Sale Agreement with Steel Excel Inc. (OTC: SXCL) pursuant to which Steel will commence a cash tender offer to...
Benzinga  Jul 11  Comment 
iGO, Inc. (Nasdaq: IGOI) (the "Company") announced today that it has entered into a definitive Stock Purchase and Sale Agreement (the "Sale Agreement") with Steel Excel Inc. (Other OTC:SXCL) ("Steel"), pursuant to which Steel will commence a cash...
StreetInsider.com  Apr 2  Comment 
BGC Partners, Inc. (Nasdaq: BGCP) 42.6% HIGHER; BGC Partners entered into an agreement pursuant to which it will sell its benchmark, on-the-run, U.S. Treasury fully electronic trading platform to NASDAQ OMX. Total consideration for this...
StreetInsider.com  Apr 1  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/iGo%2C+Inc.+%28IGOI%29+Narrows+Q4+Loss+to+%241.34Share/8222577.html for the full story.
StreetInsider.com  Feb 4  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Guidance/iGO+%28IGOI%29+Announces+One-for-12+Split%3B+Will+Trim+Workforce/8057301.html for the full story.





 
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IGO Inc. is a manufacturer of charging related accessories for laptop computers, mp3 players, cell phones, video game consoles and more. IGO has patent pending technology, incorporated into its design, which addresses vampire power drain issues. Vampire power is the power that continues to drain, once a component that is plugged in, has been charged. The IGO charger cuts vampire power drain by as much as 85%; according to the company. The net result of this is savings on electricity costs and extension of battery life for components.

Their IGO charger was named one of PC Worlds top 100 products for 2009.

The company currently has a distribution channel that includes, Staples, Office Max and Office Depot, Radio Shack, Verizon phone centers, and Wal-Mart. The company has numerous other local and regional resellers of its product line. Office Max, Office Depot and Wal-Mart will account for approximately 5,000 locations where its products are sold. There are an estimated 10,000 other locations that their products are in or being added to.

The company had been selling its products to private label distributors but has repositioned itself as the direct marketer to the end retailer. Its revenues in the first quarter of 2010 were lower than the same period in 2009 reflecting a decline in sales to private label distributors.

Though revenues were lower net income was modestly positive as cost cutting initiatives and higher margins contributed to its positive performance. The company has almost 33 million shares outstanding and as of March 31, 2010 had 33 million dollars in cash on its books.

The vampire power component of the IGOI technologies may be the most interesting play on growth. If the design is given patent protection it can be incorporated into hundreds of devices currently on the market that could benefit from its ability to draw significantly less power when not in use. (Computers, TV's, printers most electronic equipment that stays plugged in when not in use.)

The company sells its products online, also, at [1]

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