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MagneGas (MNGA) Receives Final Fuel Cylinders from Latest Order

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MagneGas (MNGA) Announces Completion of Gulf Coast Gasification System Expansion

September 22, 2016 8:03 AM EDT

MagneGas Corporation (Nasdaq: MNGA) announced that it has successfully completed construction of the Plasma-Arc Gasification system (the "System") that was previously announced as contracted for sale (the "Gasifier Agreement") to Green Arc Supply, LLC of Louisiana ("Green Arc").

Pursuant to the terms of the Gasifier Agreement, the Company has received a total of $583,750 towards the... More