uwriteback, the Israel "venture" doesn't seem to exist based on the website. Various sources say it was run by a scam artist before "closing".
stockxpert101: yes, I read this as well. It is unclear to me what relation Dr. Santilli has with Magnegas Corp. at this time.
It may very well be that Magnegas Corp. is trying to (very) slowly pivot into a legitimate business with the (inevitable) cash raises brought by all the, let's say "promotional" activity. Kind of like the children of old Mafia gangsters started their own small businesses with laundered money.
Almost no one watches Cramer. Many believe that Cramer and his cronies write articles to provide cover for shorting.
Okay, thanks all.
So, from now till January 2017 NBS is going to be drifting around, up and down based on investors' whims, right? There's no catalyst till then?
They do make money on PRs. They suck gullible people in and take their money for advisor fees, etc.
There is no lawsuit.
They will fund the pipeline with dilution. It's bad. Management is overpaid and vastly underperforms. I don't have confidence AGM will change things.