Did you hear we put a man, (several) on the moon and there's a car (Prius) that gets over 50 MPG, we get energy from solar panels and wind in higher quantities than ever and that Germany gets half their energy needs satisfied from renewals? Did you hear we're polluting the air and water of the planet at highest rate ever? This cuts faster than the other stuff so the reasons for that may contribute to more applications. That's all anyone is saying in a nutshell
liquid waste from power plants is a HUUUUGE problem. Duke Energy North Carolina, "Duke appealed a groundwater pollution penalty at the company's Sutton plant near Wilmington. The state levied a $25 million fine against the company earlier this year over pollution from the Sutton coal ash pits, which have contaminated Sutton Lake, a popular fishing spot. Groundwater monitoring near the plant has found levels of cancer-causing arsenic 27 times higher than safe groundwater standards just a half-mile from drinking water wells." If Magnegas has a shot of solving this very bad problem, good news for everyone
my concern here is Magnegas running low on cash. last statement in Yahoo has them at $2 Million Cash and about $500,000 debt, thinking lot of $$$ going to Sales efforts, what do they call that on financial statement? Selling and Administrative expenses? which is find by me, gotta get the word and proof out to all prospects, but when a company runs low on cash, investors run for safety, I like the news about utility companies but baby would a nice fat contract/endorsement/new stream of revenue from the Navy/Government boost this PPS!!! Please bring it on Ermanno!!!! Ask for the sale (selling to govt can take forever but when you land them as a client, it's beautiful since they never go broke and always pay their bills)
I like them keeping the debt load down and getting the product out to market. Debt kills companies and people
It needs a big order for Equipment from the Navy. It's only thing that will bust this out. Otherwise sit back with all us other yokles and watch the numbers and news dribble in
advancing product to countries with no money, companies that only pay half incurs debt. our govt should cover debt to broke countries but debt kills companies, people, families.
debt, can they keep their debt under control while they grow and take on more orders. And what backup plan do they have for delivering a large order and then, ----oops, they didn't get paid. Seen that happen many times with fatal results for small companies.
Haiti received massive funds to recover from earthquake and are desperate for clean renewable cheap energy. If MG2 fits the bill that may be a great fit for both supplier and Haiti
Stays over $1 today officially off the NASDAQ hit list for a nice positive, although I don't understand why we can't get the names of companies doing business with MNGA. Is this a corporate secret of some kind? Why?
dynamic mass, the more orders come in, the more validation, the more orders come in etc. Ermo must be lighting a cigar. Hope there's no complacency