Market Overview

MagneGas Receives 180-day Extension to Meet NASDAQ Listing Requirements

MagneGas (NASDAQ: MNGA) announced today that NASDAQ has extended its listing requirements until July 14th 2014.

On January 14, 2014, the Company received a written notification from NASDAQ that the Company has been granted an additional 180 calendar days, or until July 14, 2014, to regain compliance with the minimum $1.00 bid price per share requirement of the Rule.  The Company's stock has traded over $1.00 for six consecutive trading days so in the event that the stock continues to trade over $1.00 for another four consecutive trading days, then the Company will be in compliance with the NASDAQ guidelines.

For further information please visit the following link:  http://www.sec.gov/Archives/edgar/data/1353487/000121390014000246/f8k011...

The MagneGas IR App is now available for free in Apple's App Store for the iPhone or iPad http://bit.ly/AfLYww and at Google Play http://bit.ly/Km2iyk for Android mobile devices.

To be added to the MagneGas investor email list, please email pcarlson@kcsa.com with MNGA in the subject line.

About MagneGas Corporation

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Posted-In: News Guidance Offerings Management Global

 

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