TAMPA, Fla., Jan. 2, 2014 /PRNewswire/ -- MagneGas Corporation ("MagneGas" or the "Company") (NASDAQ: MNGA), the developer of a technology that converts liquid waste into a hydrogen-based fuel, announced today that the Company will hold an in-depth Demonstration Day showcasing its technology and operations. The demonstration is open to the public and is scheduled for Tuesday, January 14th.
"In 2013, MagneGas Corporation transformed itself from an industrial gas company to a technology company with several dynamic business lines, while it also reduced costs significantly, received European certification of its Sterilization business model and launched an exciting new business line to co-combust MagneGas with existing hydrocarbons," commented MagneGas Corporation CEO, Ermanno Santilli. "We are looking forward to meeting our shareholders, demonstrating our transformation and fully explaining our new Company strategy."
The MagneGas Demonstration Day Starts at 9:30 am on Tuesday, January 14 th and finishes with a lunch at our Corporate Headquarters at 150 Rainville Road, Tarpon Springs, FL 34689. RSVP is required.
Please confirm your attendance via RSVP by calling (727) 934-3448 or email us at email@example.com.
To be added to the MagneGas investor email list, please email firstname.lastname@example.org with MNGA in the subject line.
About MagneGas Corporation Founded in 2007, Tampa-based MagneGas Corporation (NASDAQ: MNGA) is the producer of MagneGas, a natural gas alternative and metal working fuel that can be made from certain industrial, municipal, agricultural and military liquid wastes following the receipt of appropriate governmental permits.
The Company's patented Plasma Arc Flow process gasifies liquid waste, creating a clean burning hydrogen based fuel that is essentially interchangeable with natural gas. MagneGas can be used for metal working, cooking, heating, powering bi fuel automobiles and more. For more information on MagneGas, please visit the Company's website at www.MagneGas.com.
FORWARD-LOOKING STATEMENTS 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 new ethylene glycol to produce fuel until proper permits to process used liquid waste have been obtained.
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.
SOURCE MagneGas Corporation