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MagneGas Corp (MNGA.OQ)

MNGA.OQ on NASDAQ Stock Exchange Capital Market

0.37USD
22 Jun 2018
Change (% chg)

$-0.02 (-4.20%)
Prev Close
$0.38
Open
$0.38
Day's High
$0.40
Day's Low
$0.37
Volume
49,987
Avg. Vol
187,517
52-wk High
$22.95
52-wk Low
$0.36

Latest Key Developments (Source: Significant Developments)

MagneGas To Acquire San Diego Based Industrial Gas And Welding Supply Business
Wednesday, 3 Jan 2018 

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 

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 

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

Magnegas reports qtrly ‍net loss per share $0.39​
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Magnegas Corp :Magnegas provides business update for the third quarter of 2017; metal cutting fuel and welding supply revenues increases 30%.Sees FY 2017 revenue up more than 120 percent.Magnegas corp - qtrly ‍net loss per share basic and diluted $0.39​.  Full Article

MagneGas Corp says 3 largest distributors agreed to increases in MagneGas 2 purchases
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - MagneGas Corp -:MagneGas corp - ‍announced 3 largest MagneGas distributors agreed to significant increases in MagneGas2 purchases due to increased end market demand​.MagneGas -Three distributors have agreed to minimum purchases, that could represent minimum three-fold increase in sales from them beginning q4 of 2017​.  Full Article

Magnegas projects 2017 revenues to grow over 120 pct vs 2016
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Magnegas Corp :Magnegas projects 2017 revenues to grow over 120% versus. 2016.Sees FY 2017 revenue up more than 120 percent.Sees FY 2017 revenue more than $7.5 million.  Full Article

MagneGas announces financing transaction
Saturday, 16 Sep 2017 

Sept 15 (Reuters) - Magnegas Corp :MagneGas announces financing transaction.MagneGas Corp - Entered securities purchase agreement with institutional accredited investors to purchase up to about $620,000 of its series E stock.Will issue to investors a total of 36,765 shares of series E convertible preferred stock at a purchase price of $1.36 per share.  Full Article

MagneGas names Scott Mahoney as CFO
Friday, 28 Oct 2016 

MagneGas Corp : MagneGas appoints Scott Mahoney as chief financial officer and secretary . MagneGas Corp - Luisa Ingargiola, company's current CFO, will remain on board of directors .MagneGas corp - prior to joining MagneGas Mahoney served as chief financial officer of Phoenix Group Metals.  Full Article

Magnegas Q2 loss per share $0.10
Monday, 15 Aug 2016 

Magnegas Corp : Magnegas reports 43% increase in revenue for the second quarter of 2016 .Q2 revenue rose 43 percent to $837,300.  Full Article