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MagneGas Corp (MNGA.OQ)

MNGA.OQ on NASDAQ Stock Exchange Capital Market

0.28USD
14 Aug 2018
Change (% chg)

$-0.02 (-5.97%)
Prev Close
$0.29
Open
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$0.26
Volume
533,231
Avg. Vol
291,274
52-wk High
$11.98
52-wk Low
$0.23

Latest Key Developments (Source: Significant Developments)

Magnegas Reports Qtrly Net Loss Per Share Basic And Diluted $0.24
Tuesday, 14 Aug 2018 08:00am EDT 

Aug 14 (Reuters) - MagneGas Corp ::MAGNEGAS PROVIDES BUSINESS UPDATE FOR THE SECOND QUARTER OF 2018.Q2 REVENUE $2.9 MILLION VERSUS $966,200.QTRLY NET LOSS PER SHARE BASIC AND DILUTED $0.24.  Full Article

Magnegas Corp Reports Qtrly Shr Loss $0.62
Wednesday, 16 May 2018 10:37am EDT 

May 16 (Reuters) - MagneGas Corp ::MAGNEGAS CORP - QTRLY REVENUE INCREASED TO $1.2 MILLION, COMPARED TO $0.871 MILLION IN SAME PERIOD LAST YEAR.MAGNEGAS CORP - QTRLY NET LOSS PER SHARE: BASIC AND DILUTED $0.62.  Full Article

MagneGas Corp Files For Non-Timely 10-K With U.S. SEC
Monday, 2 Apr 2018 05:07pm EDT 

April 2 (Reuters) - MagneGas Corp ::MAGNEGAS CORP FILES FOR NON-TIMELY 10-K WITH U.S. SEC.  Full Article

Magnegas To Acquire Trico Welding Supplies In California
Thursday, 22 Mar 2018 07:30am EDT 

March 22 (Reuters) - Magnegas Corp ::MAGNEGAS TO ACQUIRE TRICO WELDING SUPPLIES, INC. IN NORTHERN CALIFORNIA.MAGNEGAS CORP - MADE A NON-REFUNDABLE DEPOSIT OF $1.0 MILLION TOWARD PURCHASE OF TRICO WELDING SUPPLIES INC.  Full Article

MagneGas To Expand Green Arc Sales Force By 60 Pct In Q1
Wednesday, 7 Mar 2018 07:30am EST 

March 7 (Reuters) - MagneGas Corp ::MAGNEGAS TO EXPAND GREEN ARC SALES FORCE BY 60% IN THE FIRST QUARTER OF 2018.MAGNEGAS CORP - ‍ADDITIONAL INVESTMENT IN STAFFING IS EXPECTED TO LEAD TO APPROXIMATELY A 50% INCREASE IN REVENUES FOR GREEN ARC IN 2018​.  Full Article

Magnegas Corp Says Co's European JV Been Awarded A EUR6.0 Mln Grant From A Department Within The European Commission
Thursday, 1 Mar 2018 07:30am EST 

March 1 (Reuters) - Magnegas Corp ::MAGNEGAS CORP - CO'S EUROPEAN JV BEEN AWARDED A EUR6.0 MILLION GRANT FROM A DEPARTMENT WITHIN THE EUROPEAN COMMISSION.  Full Article

MagneGas Agrees To Form New European Joint Venture For Acquisition Of Infinite Fuels, GmbH
Tuesday, 6 Feb 2018 07:30am EST 

Feb 6 (Reuters) - Magnegas Corp ::MAGNEGAS AGREES TO FORM NEW EUROPEAN JOINT VENTURE FOR THE ACQUISITION OF INFINITE FUELS, GMBH, AN EMERGING GERMAN BIOFUELS COMPANY.MAGNEGAS CORP - ‍JOINT VENTURE EXPECTED TO LAUNCH COMMERCIAL OPERATIONS LATE Q1 2018​.MAGNEGAS CORP - ‍INITIAL TRANSACTION IS EXPECTED TO BE FUNDED THROUGH A COMBINATION OF CASH ON HAND AND EQUITY IN NEW JOINT VENTURE​.MAGNEGAS - ‍ ANNOUNCED EXECUTION OF A LETTER OF INTENT TO FORM IRELAND-BASED HOLDING CO FOR ACQUIRING 100% OF INFINITE FUELS, GMBH​.MAGNEGAS CORP - ‍MAGNEGAS WILL INITIALLY OWN A 40% STAKE IN JOINT VENTURE, WITH POSSIBILITY OF INCREASING COMPANY'S EQUITY STAKE TO 70%​.MAGNEGAS CORP - ‍ REMAINING EQUITY STAKE IN JOINT VENTURE WILL BE OWNED BY CURRENT PRINCIPALS OF INFINITE FUELS​.MAGNEGAS CORP - ‍JOINT VENTURE WILL OPERATE IN TWO RENEWABLE ENERGY SEGMENTS​.MAGNEGAS CORP - ‍JOINT VENTURE ENTITY WILL HAVE OPTION TO PURCHASE UP TO SIX 300 KW GASIFICATION UNITS FROM MAGNEGAS OVER NEXT 5 YEARS​.MAGNEGAS CORP - ‍ PROJECT IS CURRENTLY PART OF A COMBINED PROJECT FINANCING APPLICATION WITH A EUROPEAN UNION GOVERNMENT BACKED AGENCY​.MAGNEGAS CORP - ‍TERMS OF FINANCING APPLICATION ARE CURRENTLY CONFIDENTIAL AT FINANCING PARTY'S REQUEST​.  Full Article

MagneGas To Acquire San Diego Based Industrial Gas And Welding Supply Business
Wednesday, 3 Jan 2018 08:00am EST 

Jan 3 (Reuters) - Magnegas Corp ::MAGNEGAS EXECUTES BINDING AGREEMENT TO ACQUIRE SAN DIEGO INDUSTRIAL GAS AND WELDING SUPPLY BUSINESS.MAGNEGAS CORP - ‍EXECUTION OF A BINDING AGREEMENT TO ACQUIRE ALL OF ASSETS OF SAN DIEGO BASED NG ENTERPRISES INC. FOR $750,000​.  Full Article

Magnegas Receives Preliminary Order For Agricultural Sterilization Unit For Deployment In Italy
Tuesday, 19 Dec 2017 07:30am EST 

Dec 19 (Reuters) - Magnegas Corp ::MAGNEGAS RECEIVES PRELIMINARY ORDER FOR AGRICULTURAL STERILIZATION UNIT FOR DEPLOYMENT IN ITALY.MAGNEGAS CORP - PRELIMINARY ORDER TO BE DELIVERED INTO SOUTHERN ITALIAN MARKET IN FIRST HALF OF 2018.  Full Article

Magnegas Corp Expects To Increase Industrial Gas Sales By About 40 pct ‍In 2017​
Thursday, 30 Nov 2017 07:30am EST 

Nov 30 (Reuters) - Magnegas Corp ::MAGNEGAS CORP - ‍IN 2017, WE EXPECT TO INCREASE OUR INDUSTRIAL GAS SALES BY APPROXIMATELY 40%​.  Full Article

BRIEF-Magnegas Corp Reports Qtrly Shr Loss $0.62

* MAGNEGAS CORP - QTRLY REVENUE INCREASED TO $1.2 MILLION, COMPARED TO $0.871 MILLION IN SAME PERIOD LAST YEAR