MAGNEGAS CORPORATION (NASDAQ:MNGA) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Conditions.
On January10, 2017, MagneGas Corporation (the Company) issued a
press release announcing the Companys revenue guidance for the
year ended December 31, 2016.
The press release is incorporated herein by reference and is
attached hereto as Exhibit99.1.
The information contained in, or incorporated into, this Item
2.02 of this Current Report on Form8-K, including Exhibit99.1, is
furnished under Item 2.02 of Form8-K and shall not be deemed
filed for the purposes of Section18 of the Securities Exchange
Act of 1934, as amended (the Exchange Act) or otherwise subject
to the liabilities of that section, and shall not be deemed to be
incorporated by reference into the filings of the Company under
the Securities Act of 1933, as amended or the Exchange Act
regardless of any general incorporation language in such filings.
Please refer to Exhibit99.1 for a discussion of certain
forward-looking statements included therein and the risks and
uncertainties related thereto.
Item 7.01 Regulation FD Disclosure.
Effective January 10, 2017, senior management and certain members
of the Company have begun using the materials included in
Exhibit99.2 to this report (the Investor Presentation)in
connection with presentations to existing shareholders and
potential investors of the Company. The Investor Presentation is
incorporated into this Item 7.01 by reference and will be
available on the Companys website at www.magnegas.com.
Without limiting the generality of the foregoing, the
Forward-Looking Statements disclosure contained in the investor
presentationis incorporated by reference into this Item7.01. The
information contained in this Item7.01, including Exhibit99.2,
shall not be deemed to be filed for the purposes of Section18 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.
Item 9.01Financial Statements and Exhibits.
(d)Exhibits.
| Exhibit No. | Description | |
|
Exhibit 99.1 |
Press Release, dated January 10, 2017 |
|
| Exhibit 99.2 |
MagneGas Corporation Investor Presentation (Revised 01-10-2017) |
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. MAGNEGAS CORPORATION (NASDAQ:MNGA) Recent Trading Information
MAGNEGAS CORPORATION (NASDAQ:MNGA) closed its last trading session 00.000 at 0.480 with 317,108 shares trading hands.