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MagneGas Corp (MNGA.OQ)

MNGA.OQ on NASDAQ Stock Exchange Capital Market

0.90USD
24 Jul 2017
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Latest Key Developments (Source: Significant Developments)

Magnegas announces $25 million convertible preferred financing
Monday, 12 Jun 2017 07:00am EDT 

June 12 (Reuters) - Magnegas Corp :Magnegas announces $25 million convertible preferred financing.Magnegas - $25 million financing structured as a working capital facility in form of redeemable series c convertible preferred shares.Magnegas- $25 million financing also structured as a working capital facility in form of series c convertible preferred warrants and common stock warrants.  Full Article

Magnegas regains compliance with NASDAQ minimum bid price requirement
Wednesday, 7 Jun 2017 08:00am EDT 

June 7 (Reuters) - Magnegas Corp ::Magnegas regains compliance with NASDAQ minimum bid price requirement.  Full Article

MagneGas expands product offering
Wednesday, 31 May 2017 08:52am EDT 

May 31 (Reuters) - MagneGas Corp ::MagneGas expands product offering.MagneGas Corp - ‍expanded its product offerings to include a wide range of industrial tools​.  Full Article

Magnegas announces 1 for 10 reverse stock split
Friday, 19 May 2017 12:19pm EDT 

May 19 (Reuters) - Magnegas Corp ::Magnegas announces reverse stock split.Announces 1 for 10 reverse stock split.Common stock will begin trading on a split-adjusted basis on May 22, 2017.  Full Article

Magnegas reports Q1 loss per share $0.03
Monday, 15 May 2017 09:00am EDT 

May 15 (Reuters) - Magnegas Corp :Magnegas reports 31% increase in revenue for the first quarter of 2017.Q1 revenue $871,800 versus $665,700.Magnegas Corp qtrly loss per share $0.03.Magnegas Corp - company continues to evaluate its costs structure, and may seek to reduce costs further throughout remainder of 2017.Magnegas Corp - "has conducted a full review of previous staffing model and has begun to eliminate redundant and non-essential positions".  Full Article

Magnegas announces $1 mln bridge financing and warrant exchange
Wednesday, 10 May 2017 09:31am EDT 

May 10 (Reuters) - Magnegas Corp :Magnegas announces $1 million bridge financing and warrant exchange to improve capitalization structure.Magnegas COrp - debentures are due in November 2017 and bear interest at a rate of 8 pct per annum.  Full Article

Magnegas reports 50 pct increase in revenue for the fourth quarter of 2016
Monday, 3 Apr 2017 07:30am EDT 

Magnegas Corp : Magnegas reports 50 pct increase in revenue for the fourth quarter of 2016 . Q4 revenue $2.5 million .Magnegas Corp says gross margins for three months ended December 31, 2016 increased 441 basis points to 46 pct from 41 pct for same period last year.  Full Article

MagneGas engages Ashcroft Law Firm to investigate short-selling, manipulation of its stock
Thursday, 2 Feb 2017 07:30am EST 

MagneGas Corp - :Engaged Ashcroft Law Firm to investigate "potential misconduct by third-parties that could involve illegal short-selling, manipulation" of co's stock.  Full Article

Magnegas says finalized plans to expand into Tampa, Florida
Tuesday, 31 Jan 2017 08:00am EST 

Magnegas Corp :Magnegas Corp- finalized plans to expand into Tampa, Florida market with direct sales of industrial gases, welding supplies, and Magnegas2.  Full Article

Magnegas Corp expands product offering to include sale of CO2 in florida
Wednesday, 18 Jan 2017 08:00am EST 

Magnegas Corp : Magnegas Corp - expanded its product offering to include commercial sale of carbon dioxide in Florida .Magnegas Corp - will initially add CO2 to its industrial gas line of products in Sarasota and Ft Myers areas of Florida.  Full Article

BRIEF-Magnegas Corp says awarded a $432,000 USDA grant to commercialize sterilization technology

* Magnegas corp says awarded a $432,000 usda grant to commercialize sterilization technology