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July 23, 2014
10:31 EDTMNGAMagneGas files provisional patents
MagneGas announced that it has filed provisional patents on the production methods and composition of MagneGas 2. This latest provisional patent is part of MagneGas effort to strengthen and broaden its intellectual property. In this case the application relates to new production methods and designs required to produce gas from high carbon liquid wastes as well as the composition of MagneGas 2.
News For MNGA From The Last 14 Days
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March 26, 2015
13:00 EDTMNGAMagneGas reports joint venture to pursue co-combustion technology
In a regulatory filing, MagneGas reports that on March 20, it finalized a term sheet with two confidential parties for a tri-party joint venture implemented through a limited liability company. MagneGas and the two confidential parties will each own one-third of a new Delaware limited liability company that will engage in the worldwide testing, development, and pursuit of the co-combustion of MagneGas with coal and coal by-products in the electric power plant industry. The term sheet supersedes the USA MOU dated October 8, 2013 and the supplement to the USA MOU dated June 16, 2014 discussed in the company’s recent annual report on Form 10-K.

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