MagneGas Responds To Seeking Alpha Article, Says It Contains 'Materially False And Misleading Information'

MagneGas CorporationMNGASeeking Alpha earlier in the morning. Related Link: MagneGas' Shares Tumble: Here's Why MagneGas released an 8-K filing early Monday afternoon, noting that the "article posted on a financial website" contains "multiple instances of materially false and misleading information." The company also pointed out that the author of the report remains anonymous with no contact details – but does clearly state that the author is a short seller. Finally, MagneGas said that it is prepared to explore "all available legal options."