MAGNEGAS CORPORATION (NASDAQ:MNGA) Files An 8-K Regulation FD DisclosureItem 7.01 Regulation FD Disclosure.
On July 11, 2018, MagneGas Corporation (“Company”) announced financial results and provided a business update for the second quarter ended June 30, 2018 (“Business Update”).
Without limiting the generality of the foregoing, the “Forward-Looking Statements” disclosure contained in the press release is incorporated by reference into this Item 7.01. The information contained in this Item 7.01, including Exhibit 99.1, shall not be deemed to be “filed” for the purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, and such information is not incorporated by reference into any registration statements or other document filed under the Securities Act of 1933, as amended or the Exchange Act, regardless of the general incorporation language contained in such filing, except as shall be expressly set forth by specific reference to this filing.
A copy of the press release that discuss this matter is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 8.01 Other Events.
On July 11, 2018, the Company issued a press release announcing the Business Update.
Item 9.01 Financial Statements and Exhibits.
MAGNEGAS CORP ExhibitEX-99.1 2 ex99-1.htm News Release Investor Contacts: Tirth Patel Edison Advisors T: 646-653-7035 [email protected] MagneGas Generates $3.0 million in Q2 Sales Record Quarter Represents Annual Sales Increase of 213% TAMPA,…To view the full exhibit click
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.