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Taronis Fuels Inc. (TRNF)

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Last Post: 11/18/2020 3:30:57 PM - Followers: 21 - Board type: Free - Posts Today: 0



THIS GOLDEN AT PINKS. https://www.otcmarkets.com/stock/TRNF/security



RECENT;
ONE UNIT $5 MIL.- 30 unit, $165 million contract for a country wide launch of MagneGas as a viable replacement in the Republic of Turkey.

The Company is also working to complete all of the required permitting paperwork with the
Port of Amsterdam for the launch of a fully operation gasification facility in Amsterdam. 
The process is expected to be completed in late third quarter. 
During that time, Taronis will begin to customize a second gasification unit for end use in Europe.

Taronis is also working with the government of El Salvador to develop an entirely new fuel product intended to replace propane for residential uses.

TRFN
Taronis Fuels, Inc.

We are a renewable fuel and power generation company. Our primary business objective is the production of sustainable,
socially responsible alternatives to existing fossil fuel and industrial gas products.
Our first commercially competitive product is a metal cutting fuel called "MagneGas".
MagneGas is a proprietary synthetic gas comprised primarily of hydrogen that is produced by the Company from
its Venturi Flow Submerged Plasma Arc Gasification Units ("Gasification Units").
We sell MagneGas, Gasification Units, other specialty gases and ancillary products globally.

 

16165 N. 83rd Avenue

Suite 200

Peoria, AZ 85382

http://www.taronisfuels.com866-370-3835ir@taronistech.com
https://www.otcmarkets.com/stock/TRFN/security

Share Structure

Market Cap Market Cap
20,855,159  03/10/2020
Authorized Shares
1,000,000,000 02/26/2020
Outstanding Shares
143,729,561 03/04/2020
Restricted 34,871,291 03/04/2020
Unrestricted 108,858,270 03/04/2020
Held at DTC
Not Available
 
Float
105,488,280  02/28/2020
https://www.otcmarkets.com/stock/TRFN/quote
https://www.otcmarkets.com/stock/TRFN/disclosure

Officers, Directors and Control Persons The following is a complete list of Officers, Directors and Control Persons
(control persons are beneficial owners of more than five percent (5%) of any class of the issuer’s equity securities),
including name, address, and number of shares owned.
Options and warrants that can be converted into common shares within the next 60 days should be included in the shareholdings listed below.
If any of the beneficial shareholders are corporate entities, provide the name and address of the person(s) owning or controlling such corporate entities.
Name City and State (and Country if outside US) Number of Shares Owned (list common, warrants and options separately)
Percentage of Class of Shares Owned Scott Mahoney
– CEO, President and Director Peoria, AZ 7,747,945 5.48%
William W. Staunton III
- director Helena, MT 2,626,880 1.86%
Robert L. Dingess - Chairman Clearwater, FL 2,629,355 1.86%
Kevin Pollack - Director West Palm Beach, FL 2,627,915 1.86% 2 International Reporting Companies may elect not to disclose the names of noteholders
who are non-affiliates of the company. “Affiliate” is a Person that directly, or indirectly through one or more intermediaries, controls or is controlled by,
or is under common control with, an officer, a director, or a shareholder beneficially-owning 10 percent or more of the Company’s outstanding shares.

https://microcapdaily.com/taronis-fuels-inc-otcmkts-trnf-heats-up/125698/

Taronis Fuels Inc (OTCMKTS: TRNF) Heats Up

Taronis Fuels Inc (OTCMKTS: TRNF) has been moving up steadily in recent days since a brief dip below a dime.
The stock is highly liquid and is starting to get a lot of attention at current levels.

TFNF hit the OTCBB after being spun off from Taronis Technologies, Inc., (NASDAQ: TRNX)
a NASDAQ Company currently trading at around $0.30. TRNF initially skyrocketed to $0.51 highs before coming back down to current levels.

Taronis Fuels Inc (OTCMKTS: TRNF) is a clean technology company offering better technology solutions to today’s renewable fuels
and sterilization problems by harnessing its proprietary clean gas technology.
Taronis owns the only patented venturi plasma arc technology that gasifies or sterilizes a wide number of liquids and liquid wastes into a sustainable,
green metal-cutting gas caled MagneGas.
Adoption of such unique gases is growing in major industries ranging from construction
and demolition to metal fabrication and first responders for emergency extraction situations.

Taronis’ patented Venturi Plasma Arc™ is based on flowing the target liquid waste through a submerged electric arc between two electrodes.
The arc breaks-down the liquid molecules into atoms and forms a plasma around the tips of the electrodes at about 10,000 degrees F.
The Venturi moves the plasma away from the electrodes and controls the formation of the gas product that rises to the surface for collection.

Taronis’ MagneGas has a higher flame temperature than acetylene and has been independently certified at 10,500ºF; it can cut faster and cleaner,
with little to no slag and uses less oxygen than its competitors. More specifically, it can cut a two-inch steel plate at a rate of 18 inches per minute,
a full 38% faster than acetylene and 44% faster than propane. Additionally, it emits significantly less carbon dioxide (CO2) than competing gases.

HOTTER;

On April 1 in a highly bullish move, the CEO and all independent members of the Board of Directors (as highlited in the form 4’s filed)
purchased just over 4 million shares of TRNF. CEO  Scott Mahoney stated
“This transaction is intended to convey the faith and commitment our entire team has in the Company.
As we recently updated, our domestic operations are operating at a high level. Our international business is moving forward on all fronts,
despite the challenges presented by COVID-19.”

In a recent update to shareholders Taronis said its mobile gasification unit scheduled for shipment to
Ankara, Turkey is being commissioned as fully operational in Clearwater, Florida this week. 
The unit will be shipped out from the port of Tampa within a week, and is scheduled to arrive in Ankara within 45 days of shipment. 
The unit was sold for $5 million to a business development firm that successfully arranged a 30 unit, $165 million contract for a
country wide launch of MagneGas as a viable replacement in the Republic of Turkey.  
The unit is expected to be commissioned in Ankara upon delivery in the second half of May.

This commissioning process is the final condition requested by the
Turkish Ministry of Energy and Natural Resources before the acceleration of the $18.75 in payments commence. 
The first payment will be required for $4.7 million immediately after the commissioning process. 
A second payment will be then accelerated to 30 days from the initial payment. 
The third payment will be required approximately 90 days from the initial payment, when the 5 units are ready for shipment. 
The remaining $4.7 million payment will be required immediately after the 5 units are commissioned in Ankara, likely in late September 2020.

Next, the Company has made meaningful progress in Bahrain with a global industrial gas provider. 
The Company successfully demonstrated the ability to produce MagneGas in Bahrain for less than half the cost to produce acetylene using local market cost factors.
The Company is working to coordinate a final meeting with the regional executives of the prospective partner in order to secure approval to proceed.

The Company is also working to complete all of the required permitting paperwork with the Port of Amsterdam for the launch of a fully operation gasification facility in Amsterdam. 
The process is expected to be completed in late third quarter.  During that time, Taronis will begin to customize a second gasification unit for end use in Europe.

Taronis is also working with the government of El Salvador to develop an entirely new fuel product intended to replace propane for residential uses.

Taronis CEO Scott Mahoney commented: “We receive a number of inquiries related to our international expansion opportunities.
We are very fortunate that we are operating primarily in markets that have not been as negatively impacted by the COVID-19 pandemic.
We are systematically advancing all of these opportunities, as well as exploring several additional, promising new markets for future development.
We are very fortunate that we have extremely high caliber partners in all of these markets,
and we are confident we are advancing all of these opportunities as efficiently as possible, given the global market conditions. 
Given we are able to deliver massive cost savings using an environmentally responsible product, we are providing a powerful benefit
is only magnified during uncertain economic times such as these,” concluded Mr. Mahoney.
BY JUSTIN KINNEY ON APRIL 17, 2020
Currently trading at an $16 million market valuation TRNF is an exciting story in small caps – the Company was spun off from a NASDAQ listed Company (that just ran from $0.10 to $0.50) and owns the only patented venturi plasma arc technology that gasifies or sterilizes a wide number of liquids and liquid wastes into a sustainable, green metal-cutting MagneGas. In a recent update the Company stated they sold a unit for $5 million to a business development firm that successfully arranged a 30 unit, $165 million contract for a country wide launch of MagneGas as a viable replacement in the Republic of Turkey. And in a highly bullish move the CEO and all independent members of the Board of Directors (as highlited in the form 4’s filed) purchased just over 4 million shares of TRNF. We will be updating on TRNF when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with TRNF.

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TRNF News: Securities Registration: Employee Benefit Plan (s-8) 06/09/2020 06:01:21 AM
TRNF News: Current Report Filing (8-k) 05/28/2020 04:06:33 PM
TRNF News: Annual Report (10-k) 05/22/2020 06:03:12 AM
TRNF News: Current Report Filing (8-k) 05/15/2020 04:03:50 PM
TRNF News: Notification That Annual Report Will Be Submitted Late (nt 10-k) 05/14/2020 05:26:17 PM
PostSubject
#264  Sticky Note $TRNF #2 [Taronis Fuels to Present Today at EarthX mick 09/22/20 12:25:04 PM
#269   Scam continues to dilute. Whatever happened to SC8 11/18/20 03:30:57 PM
#268   Taronis Fuels Inc (Q (TRNF) mick 10/25/20 05:04:47 PM
#267   More dilution. They only thing this company SC8 10/14/20 02:28:38 PM
#266   I might buy another 50,000 shares if pricing firebirdgta88 09/23/20 09:14:24 PM
#265   $TRNF just reading dis wow [Why has the mick 09/22/20 12:28:24 PM
#264   $TRNF #2 [Taronis Fuels to Present Today at EarthX mick 09/22/20 12:25:04 PM
#263   SP says it all. Note the PR SC8 09/21/20 06:45:28 PM
#262   sc8 deal has been done. Proof is the firebirdgta88 09/14/20 03:39:46 PM
#261   They need to show audited profit $. SC8 09/14/20 08:25:12 AM
#260   Well this is heading to $10 plus within firebirdgta88 09/11/20 04:00:24 PM
#259   Lying fat Scotty has no credibility. He SC8 09/09/20 05:44:22 PM
#258   Turkey has been commissioned and is up an PennyDr 09/08/20 01:02:19 PM
#257   Fat Scotty is on, what now? The SC8 09/05/20 10:31:23 PM
#256   $TRNF RE; Taronis Fuels Buys All Licensed Intellectual Property for mick 09/05/20 03:04:51 PM
#255   $trnf READING DA WOW !!!!! mick 09/05/20 02:58:47 PM
#254   Taronis Fuels Inc (Q (TRNF) mick 09/05/20 02:57:53 PM
#253   So fat Scotty transferred debt to TRNF from SC8 08/20/20 03:14:42 PM
#252   WOW WOW WOW News out PennyDr 08/20/20 12:39:23 PM
#251   About Taronis Fuels, Inc. mick 08/17/20 10:40:28 AM
#250   “We added six new markets to date in mick 08/17/20 10:39:40 AM
#249   Excluding the impact of the gasification unit sale, mick 08/17/20 10:39:10 AM
#248   As a result of the record revenues, improved mick 08/17/20 10:38:34 AM
#247   Total cash operating expenses during the second quarter mick 08/17/20 10:37:59 AM
#246   Gross income for the second quarter was $7.2 mick 08/17/20 10:37:31 AM
#245   The significant increase in sales was in part mick 08/17/20 10:36:59 AM
#244   Taronis Fuels Releases Record Second Quarter Results of Operations mick 08/17/20 10:36:27 AM
#243   TRNF GlobeNewswire • 53 minutes ago mick 08/17/20 10:35:17 AM
#242   Taronis Fuels Inc (Q (TRNF) mick 08/16/20 01:13:24 PM
#241   1.5 m cash up front, all right. Thanks yorky 08/13/20 05:44:59 PM
#240   Thank you PennyDr for posting. I am confused ISAYso 08/13/20 05:43:12 PM
#239   Why has the Investorshub stopped receiving/posting news releases PennyDr 08/13/20 05:14:50 PM
#238   Ahh I stopped paying attention to this one. Demonvioletm3 08/07/20 02:58:45 PM
#237   People buying back in hoping for good financials Brock69 08/07/20 02:57:38 PM
#236   Why the upwards movement toady? Demonvioletm3 08/07/20 02:54:14 PM
#235   When is this thing going to take off Z31 08/06/20 03:01:59 PM
#234   Correction no it has not been audited yet Wilson-castaway 08/05/20 11:04:40 PM
#233   According to OTC markets they have been audited Wilson-castaway 08/05/20 11:03:39 PM
#232   Management isn't trusted. Might get a pump SC8 08/05/20 05:35:29 PM
#231   The one sitting in Turkey waiting for an Wilson-castaway 08/05/20 01:03:06 PM
#230   Which unit are you referring to? RichardSawars 08/05/20 12:49:56 PM
#229   As soon as the unit is commissioned it Wilson-castaway 08/05/20 10:52:04 AM
#228   Took a position today. Love buying the dips RichardSawars 08/05/20 10:03:14 AM
#227   IR said other units for the Turkey JV Wilson-castaway 08/04/20 07:02:02 AM
#226   Yeah, not too stoked about it Wilson-castaway 08/03/20 03:33:01 PM
#225   .1098 is ask price HoMEsCOOLd 08/03/20 03:14:46 PM
#224   https://www.webcaster4.com/Webcast/Page/2059/36000 Wilson-castaway 08/03/20 09:47:10 AM
#223   $TRNF Taronis Fuels Inc (Q (TRNF) mick 07/28/20 11:35:16 AM
#222   $TRNF Taronis Fuels Inc (Q (TRNF) mick 07/25/20 01:50:24 PM
#221   Yeah it is .1245 Wilson-castaway 07/22/20 10:40:19 AM
#220   E trade not showing an ask price? yorky 07/22/20 10:18:38 AM
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