TAMPA, Florida, Nov. 11, 2016 /PRNewswire/ -- MagneGas Corporation ("MagneGas" or the "Company") (MNGA) a leading technology company that counts among its inventions a patented process that converts renewable and waste liquids into MagneGas2® fuel, honors, recognizes and vows to remember all servicemen & servicewomen who have given of themselves to protect this country this Veteran's Day.
"Our veterans represent over 60 years of combined service during which over 90 Medals, Stars, Ribbons and Commendations were earned. Some of those decorations include Purple Hearts and several awards for service in the Global War on Terrorism. Over 30% of our work force are veterans from all branches of the military, and we here at MagneGas are truly honored by their dedication to this country and to our great Company. The sacrifices made by these amazing men and women are truly remarkable. They bring that same sense of loyalty and dedication to our Company, helping shape its future success," stated Ermanno Santilli, CEO of MagneGas Corporation.
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This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events, including our ability to raise capital, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The Company is currently using virgin vegetable oil to produce fuel while it configures its systems to properly process waste within local regulatory requirements.
For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at http://www.sec.gov.
KCSA Strategic Communications
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SOURCE MagneGas Corporation