$MNGA great things coming for this company lots of
Post# of 17885
Posted On: 07/23/2015 3:27:11 PM
$MNGA great things coming for this company lots of updates being released
• MagneGas is a small firm starting to penetrate the market for welding and metal cutting gasses with its new products.
• Recent purchases from the U.S. Navy and key customers are increasing. We believe this is a sign that sales of its new product, MagneGas2, are starting to accelerate.
• Its Plasma Arc technology also has other applications in waste treatment. Developing coutnires like Haiti have expressed interest in utilizing this to generate their own fuel source versus importing oil based products.
• The stock is up from $0.63 in early May 2015, but we believe this is still early in the longer run. As announcements of new key customers and successes mount, we expect the shares to move higher.
• MagneGas is a small firm starting to penetrate the market for welding and metal cutting gasses with its new products.
• Recent purchases from the U.S. Navy and key customers are increasing. We believe this is a sign that sales of its new product, MagneGas2, are starting to accelerate.
• Its Plasma Arc technology also has other applications in waste treatment. Developing coutnires like Haiti have expressed interest in utilizing this to generate their own fuel source versus importing oil based products.
• The stock is up from $0.63 in early May 2015, but we believe this is still early in the longer run. As announcements of new key customers and successes mount, we expect the shares to move higher.
(0)
(0)