MAGNEGAS CORPORATION (NASDAQ:MNGA) Files An 8-K Other EventsItem 8.01 Other Events.
On November 30, 2017, MagneGas Corporation (“Company”) issued a press release announcing that it is expanding its sales team at ESSI, a wholly owned industrial gas and welding supply business with operations on the Gulf Coast of Florida. The newly hired sales executives consist of three senior industry experts from the fields of advanced welding processes, industrial specialty gases and a highly experienced industrials sales representative who brings a sizeable list of prospective customers.
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 [email protected] MagneGas On Track to Achieve Record Sales at ESSI in 2017 and Further Expands Sales Force Adds Three Senior Industry Sales Executives in November to Further Accelerate Growth in 2018 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.
