MagneGas Corp. (MNGA) Reports Q1 Loss of $0.06
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U.S. Navy Makes First MagneGas 2 Purchase from MagneGas (MNGA) Following Demonstration
May 15, 2015 8:10 AM EDTMagneGas (NASDAQ: MNGA) announced that following a specific request from the US Navy, it has successfully completed a demonstration using its MagneGas2 cutting fuel at a designated US Navy facility. Following an initial demonstration, the US Navy contacted MagneGas and purchased their first order of MagneGas 2. Subsequently MagneGas was invited to perform a two-day "hands-on" demonstration and testing session that concluded on May 12th.
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