MAGNEGAS CORPORATION (NASDAQ:MNGA) Files An 8-K Other EventsItem 8.01 Other Events
On December 19, 2017, MagneGas Corporation (“Company”) issued a press release announcing a preliminary order for a MagneGas sterilization unit, subject to certain additional terms and conditions, to be delivered into the southern Italian market in the first half of 2018. The unit would be used primarily for the sterilization of agricultural waste. The project is expected to be funded in part by an Italian grant designed to support waste reduction and carbon emission reductions.
A copy of the press release that discuss this matter is attached hereto as Exhibit 99.1, and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
MAGNEGAS CORP ExhibitEX-99.1 2 ex99-1.htm News Release Investor Contacts: Crescendo Communications T: 844-589-8760 mnga@crescendo-ir.com MagneGas Receives Preliminary Order for Agricultural Sterilization Unit for Deployment in Italy Represents Second Sterilization Unit Sale Opportunity in Europe TAMPA,…To view the full exhibit click here
About MAGNEGAS CORPORATION (NASDAQ:MNGA)
MagneGas Corporation is an alternative energy company. The Company creates and produces hydrogen-based alternative fuel through the gasification of carbon-rich liquids, including certain liquids and liquid wastes. The Company is also developing the use of fuel for co-combustion with hydrocarbon fuels to reduce emissions. The Company also markets, for sale or licensure, its plasma arc technology for the processing of liquid waste (the Plasma Arc Flow System). Its products include the fuel called MagneGas2 for the metal working industry, the equipment primarily known in the firefighting industry, known as MagneTote, and the machines that produce MagneGas2, known as Plasma Arc Flow refineries. In addition, the Company sells metal cutting fuels and ancillary products through its subsidiary, Equipment Sales and Service, Inc. (ESSI), a Florida corporation. It distributes products through several industrial gas companies in California, Michigan, Florida, Georgia, Indiana, and Pennsylvania.