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This is an amazing business that is *tremendously* undervalued right now. The market is pricing it at about $20 million, but its book value alone is about $30 million. Revenues are growing exponentially. The management and board members all have significant skin (shares) in the game. It is growing both domestically and internationally. I have read the prospectus and all the documents on SEC related to this one, and I truly believe this has a billion dollar market cap potential (50-bagger).
I highly advise everyone do their research on this one ($TRNF). It recently spun off from the parent ($TRNX), so make sure you don't get the two confused. The CEO is running both companies, but the really exciting part of the enterprise is in the company that's been spun-off, Taronis Fuels ($TRNF).
This in March:
"This first delivery represents a critical next step in the progress of two large multi-year purchase contracts. First, a 30 unit purchase contract for $165 million is expected to be expanded to up to 100 units for a total of $550 million if the initial commissioning is successful. Second, this delivery is a key component for a previously disclosed $250 million, 13 country marketing agreement with MC Consulting, a Turkey-based multinational marketing team. MC Consulting was the key driver in the initial Turkey contract and holds a 50 unit contract option to sell Taronis’ patented Venturi plasma arc gasification unit for $5 million per unit across Central Asia."
This is their share count
Outstanding Shares
143,729,561
03/04/2020
You decide!!!!!
This stock is still under everyone’s radar people are quietly stocking up on shares waiting for the day this stock wakes up
Add a few more just to have a nice solid position. Hope I didnt get in too early?
You're welcome! It is indeed a great find at this early stage of its development. This has so much potential over the next few months its mind-boggling. GLTY!
$TRNF$
After finding this puppy I will take a position today. Never bought a OTC stock this expensive and this new but the info shows this stock can not be ignored. I went through the entire "t" category of OTC this weekend and this was the best quality stock I found in that category. I also found TPTW and TLSS as having great potential ... TSOI, TSSI, TGHI, TTCM, and TURV look interesting from a "bounce" trade, technicals or innovative product POV! This treat is on me, the rest of the alphabet you can do yourself, ha ha ha!
Thanks for the podcast info ... makes me want to call them to sell their product! Wow what an interview! again thanks
Taronis product will eventually take over the metal fabrication industry. Top of class patented and trademarked product is much more efficient at cutting metal, can cut much thicker pieces of metal then competition.
Another huge advantage is the production process is non-pollutant, and Acetylene (the competition) production process is a big polluter.
No Brainer from these levels.
Can't believe this isn't getting more attention. Just listened to presentation at the recent Planet MicroCap Showcast 2020. Product is best in class and half or less the cost of competition and more efficient and a non-polluter. This is a buy and hold for the next couple years. Could easily turn into a billion in revenues within a couple years.
$550 million potential in Turkey over the next couple of years alone, and they just shipped first unit this week.
And that's just one of many revenue sources.
Retirement stock.
No R/S, zero dilutive debt, and plan to uplist to NYSE by Labor day.
Currently around $20 million Market Cap.
OS 143 mil
Unrestricted shares 108 mil
Float 105 mil
PPS should fly once it gets some attention.
Take a listen to this presentation. WOW!!!
Can't find enough cash to put in this Name.
https://www.webcaster4.com/Player/Index?webcastId=34139&g=6f1bae2c-bcac-4ed7-8f9a-48b70bd7971f&uid=5731054&sid=
directors bought,shit tons,shares 3/30,skin in game is good enough for me
$TRNF; this could surpass mother company;[$.50]
BIG CONTRACTS SIGNED MY FRIEND $TRNF
Good morning all! TRNF
#4, $TRNF, pr my friend. Taronis Fuels Ships First Gasification Unit to Ankara
GlobeNewswire GlobeNewswire•April 21, 2020
$5 Million in Revenue Recognized in April
https://finance.yahoo.com/news/taronis-fuels-ships-first-gasification-133010681.html
$5 Million in Revenue Recognized in April
PHOENIX, AZ, April 21, 2020 (GLOBE NEWSWIRE) -
=====================================================
“This was a significant accomplishment for our engineering and
technical team,” commented Scott Mahoney, CEO of Taronis.
“This order was placed in January, just as the coronavirus pandemic began to impact the global community.
Our team overcame incredible obstacles and disruptions within our
global supply chain,
including a lockdown in
California and
Florida that hindered our technical team on multiple fronts.
Ultimately, our team prevailed, producing a top quality end product.
The final successful step in this process was identifying a reliable shipping solution that could deliver the unit to its final destination in Ankara,
which was no small feat given the number of shipping cancellations
and disruptions to global trade and logistics today.”
“We are very pleased to reach this critical crossroad in fulfilling
our obligations and responsibilities to date with our partners and
the Ministry of Energy and Natural Resources in Turkey.
This milestone now triggers a series of positive and scaling financial developments for the Company.
To prepare for the expected growth,
we are in the final stage of launching new manufacturing facilities
in
Peoria,
Arizona,
where we plan to be able to produce upwards of 100 new gasification units annually for the foreseeable future.”
“We do not view the shipment of this 50KW mobile unit as an end goal, but rather the beginning of
an entirely new and exciting chapter in the growth story of Taronis Fuels as a global player in the industrial fuels industry of the 21st century,” concluded Mr. Mahoney.
To see pictures of the 50KW mobile unit and for other updates on
Taronis Fuels, visit our blog and follow us on LinkedIn, Facebook, Twitter, and Instagram.
About Taronis Fuels, Inc.
Taronis Fuels, Inc. is a global producer of renewable and socially responsible fuel products. Our goal is to deliver environmentally sustainable, technology driven alternatives to traditional fossil fuel and carbon-based economy products. We believe our products offer a vastly cleaner solution to legacy acetylene and propane alternatives.
Taronis is also dedicated to providing fundamentally safer solutions to meet the industrial, commercial and residential needs of tomorrow’s global economy. Our products have been rigorously tested and independently validated by global gas authorities as vastly safer than acetylene, the most dangerous industrial gas in use today.
Lastly, we strive to deliver products that offer significant function superiority at a reduced cost to the end consumer. Through these efforts, we support 9 of the 17 United Nations Sustainable Development Goals. For more information, please visit our website at www.taronisfuels.com/
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.
These statements relate to future events, including our ability to raise capital, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.
You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements.
Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity.
We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at http://www.sec.gov.
Investor Contacts:
Michael Khorassani
IR@TaronisTech.com
#3, $TRNF, pr my friend. Taronis Fuels Ships First Gasification Unit to Ankara
GlobeNewswire GlobeNewswire•April 21, 2020
$5 Million in Revenue Recognized in April
https://finance.yahoo.com/news/taronis-fuels-ships-first-gasification-133010681.html
$5 Million in Revenue Recognized in April
PHOENIX, AZ, April 21, 2020 (GLOBE NEWSWIRE) -
=====================================================
Once delivered, Taronis plans to immediately send an engineering and technical team to commission the unit in Ankara. Once fully operational, an official delegation from the Turkish Ministry of Trade and Ministry of Energy and Natural Resources will attend a ribbon cutting ceremony that will include an official demonstration of the gasification technology in operation, as well as a demonstration of the end product, MagneGas, the Company’s patented, renewable, hydrogen-based metal cutting fuel.
The delivery of the unit represents a key financial milestone for Taronis Fuels. First, this shipment enables the recognition of $5 million in high margin revenues, which are expected to be recognized
in full during the second quarter of 2020.
Next,
this is the final requirement set forth by the Turkish Ministry
of Energy and Natural Resources for the payment of four $4.69 million cash installments for five new 300KW Venturi plasma arc gasification units.
The Ministry of Energy and Natural Resources is expected to be a
key partner in the financing of this initial five unit purchase,
as well as additional purchases of up to 95 more units over the
next two years.
Lastly, the commissioning of the 50KW unit will enable the reseller
to begin marketing the technology to government delegates from several neighboring markets with deep historical commercial ties to Turkey.
The reseller and Taronis executed a 24 month joint marketing agreement in December 2019 for up to 50 additional units to be sold at $5 million each within the defined marketing territory.
Multiple government and industry leaders from these target markets have committed to attend the ribbon cutting ceremony and evaluate the technology for immediate investment.
#2, $TRNF, pr my friend. Taronis Fuels Ships First Gasification Unit to Ankara
GlobeNewswire GlobeNewswire•April 21, 2020
$5 Million in Revenue Recognized in April
https://finance.yahoo.com/news/taronis-fuels-ships-first-gasification-133010681.html
$5 Million in Revenue Recognized in April
PHOENIX, AZ, April 21, 2020 (GLOBE NEWSWIRE) -
- Taronis Fuels, Inc., (“Taronis” or “the Company”) (TRNF),
a global producer of renewable and socially responsible fuel products, today provided an update on the status of a key contract with a client based in Turkey.
On April 21, 2020, the Company successfully shipped a 50KW mobile Venturi plasma arc gasification unit to fulfill an existing purchase order.
The unit was previously announced as a $5 million sale to a reseller
and marketing partner in the industrial sales and marketing space
based in Turkey with its primary offices in Ankara,
and regional offices in Dusseldorf, Germany.
The unit is currently scheduled to arrive in Turkey in May.
The unit will be shipped in two phases, with the first shipping via Miami, Florida on April 21, 2020.
This shipment is scheduled to arrive in Gemilk, Turkey on May 27, 2020.
The second shipment is traveling via Savannah, Georgia,
departing on May 1, 2020, and is due in Gemilk on May 29, 2020.
The shipments will then be transported over land to Ankara for delivery to the final destination on June 3, 2020.
$TRNF, pr my friend. Taronis Fuels Ships First Gasification Unit to Ankara
GlobeNewswire GlobeNewswire•April 21, 2020
$5 Million in Revenue Recognized in April
https://finance.yahoo.com/news/taronis-fuels-ships-first-gasification-133010681.html
i wonder what real worth is for $TRNF ?????
RE;
Yeah, that's something huge but they did it. LOL.
May 15 will re evaluate the situation.
Yeah, that's something huge but they did it. LOL. May 15 will re evaluate the situation.
wow; no floor exchange people wow
re;
On Monday March 23rd. https://www.cnbc.com/2020/03/22/nyse-set-to-temporarily-transition-to-all-electronic-trading.html
COMPANY IS 45 DAYS OLD-March 06, 2020 3:00 pm ET Taronis Fuels Approved for OTCQB
Dow Jones
Accept no substitute.
Schedule A – Trademarks
https://secfilings.nasdaq.com/filingFrameset.asp?FilingID=14080952&RcvdDate=4/17/2020&CoName=TARONIS%20FUELS,%20INC.&FormType=8-K&View=html
Mark Class Goods/Services Country Serial No. Reg. No. Owner of Mark Registration Date
MAGNEGAS IC 004. US 001 006 015. G & S: Fuel for motor vehicles, namely an oxygen-rich, hydrocarbon-free gas produced as a byproduct of recycling liquid waste such as anti-freeze, oil waste and sewage. US 78039484 2812824 MAGNEGAS CORPORATION DELAWARE
150 Rainville Road Tarpon Springs Florida 34689 February 10, 2004
MAGNEGAS 2 IC 004. US 001 006 015. G & S: Fuels. US 86642367 5156799 MAGNEGAS CORPORATION DELAWARE
11885 44th Street North Clearwater Florida 33762 March 7, 2017
MAGNETOTE IC 007. US 013 019 021 023 031 034 035. G & S: Portable tank system being a gas welding apparatus and containing a gas used for cutting and welding metal US 86816532 5157232 MAGNEGAS CORPORATION DELAWARE
11885 44th Street North Clearwater Florida 33762 March 7, 2017
VENTURI IC 007. US 013 019 021 023 031 034 035. G & S: machines for gasification, namely, industrial electrochemical reactors for converting liquid waste into gaseous hydrocarbon fuels US 86454770 4952283 MAGNEGAS CORPORATION DELAWARE
150 Rainville Road Tarpon Springs Florida 34689 May 3, 2016
VENTURI PLASMA ARC FLOW IC 008. Machines for producing synthetic gas and decontaminating and sterilizing liquefied waste streams US TBD TBD TARONIS TECHNOLOGIES, INC. DELAWARE 11885 44 th Street North Clearwater, FL 33762 TBD
Schedule B – Patents-EXCERPT;
https://www.nasdaq.com/market-activity/stocks/trnf/sec-filings
Serial Number Date of Filing Publication Number Patent Number Patent or Patent Application Title
09/372,277 8/11/1999 6,183,604 DURABLE AND EFFICIENT EQUIPMENT FOR THE PRODUCTION OF A COMBUSTIBLE AND NON-POLLUTANT GAS FROM UNDERWATER ARCS AND METHOD THEREFOR
09/970,405 10/03/2001 2003/0133855 6,663,752 CLEAN BURNING LIQUID FUEL PRODUCED VIA A SELF-SUSTAINING PROCESSING OF LIQUID FEEDSTOCK
09/896,422 6/29/2001 2002/0004022 6,673,322 APPARATUS FOR MAKING A NOVEL, HIGHLY EFFICIENT, NONPOLLUTANT, OXYGEN RICH AND COST COMPETITIVE COMBUSTIBLE GAS AND ASSOCIATED METHOD
10/008,813 12/07/2001 2003/0106787 6,926,872 APPARATUS AND METHOD FOR PRODUCING A CLEAN BURNING COMBUSTIBLE GAS WITH LONG LIFE ELECTRODES AND MULTIPLE PLASMA-ARC-FLOWS
10/020,091 12/14/2001 2003/0113597 6,972,118 APPARATUS AND METHOD FOR PROCESSING HYDROGEN, OXYGEN AND OTHER GASES
12/828,905 07/01/2010 2012/0000787 8,236,150 PLASMA-ARC-THROUGH APPARATUS AND PROCESS FOR SUBMERGED ELECTRIC ARCS
14/244,229 04/03/2014 2014/0299463 9,700,870 METHOD AND APPARATUS FOR THE INDUSTRIAL PRODUCTION OF NEW HYDROGEN-RICH FUELS
14/288,807 05/28/2014 N/A 9,433,916 PLASMA-ARC-THROUGH APPARATUS AND PROCESS FOR SUBMERGED ELECTRIC ARCS WITH VENTING
15/230,537 8/08/2016 US 2016-0340790 A1 10,100,416 PLASMA-ARC-THROUGH APPARATUS AND PROCESS FOR SUBMERGED ELECTRIC ARCS WITH VENTING
15/612,457 6/02/2017 US 2017-0321130 A1 10,100,262 METHOD AND APPARATUS FOR THE INDUSTRIAL PRODUCTION OF NEW HYDROGEN-RICH FUELS
62/542,689 8/08/2017 - - SYSTEM, METHOD, AND APPARATUS FOR GASIFICATION OF A SOLID OR LIQUID
15/720,816 9/29/2017 US 2018-0093248 A1 - APPARATUS FOR FLOW-THROUGH OF ELECTRIC ARCS
16/052,759 8/02/2018 - - SYSTEM, METHOD, AND APPARATUS FOR GASIFICATION OF A SOLID OR LIQUID
THERE IS AH PET, GAUAHA, [TASTE LIKE CHICKEN]
Has anyone considered a market other then Turkey.
Think about the potential in Chicken!.
#2,$TRNF; Bid........Ask....Day's Range
++++++++0.132...0.1398...0.121 - 0.151
$TRNF; Bid........Ask....Day's Range
++++++++0.132...0.1398...0.121 - 0.151
did this start 03-18-2020 ?????
https://www.google.com/search?q=Taronis+Fuels+Inc.+(TRNF)%27&oq=Taronis+Fuels+Inc.+(TRNF)%27&aqs=chrome..69i57j69i61l2&sourceid=chrome&ie=UTF-8
Taronis Fuels Board and Management Acquire Over 4 Million ...
http://www.globenewswire.com › news-release › 2020/04/01
Apr 1, 2020 - PHOENIX, AZ, April 01, 2020 (GLOBE NEWSWIRE) -- Taronis Fuels, Inc., (“Taronis” or “the Company”)(OTC: TRNF), a global producer of ...
Taronis Fuels Changes Ticker Symbol Other OTC:TRNF
http://www.globenewswire.com › news-release › 2020/03/23
Mar 23, 2020 - The Company is expected to begin trading on the OTCQB under the new ticker symbol TRNF starting March 24, 2020. About Taronis Fuels, Inc.
Taronis Fuels to Begin Trading :: Taronis Technologies, Inc ...
http://www.taronistech.com › press-releases › detail › taronis-...
Feb 26, 2020
- Additionally, Taronis Fuels has applied for quotation on the OTCQB Market and has requested the ticker symbol “TRNF.” As part of the ...
Taronis Fuels Inc - Ordinary Shares (TRNF) SEC Filings ...
http://www.nasdaq.com › Market Activity › Stocks › TRNF
Find the latest SEC Filings data for Taronis Fuels Inc - Ordinary Shares (TRNF) at http://www.Nasdaq.com.
TRNF Bid: 0.138 Ask: 0.1398 Last: 0.138 Chg ($): 0.017 Vol: 1,891,711
this looks outstanding @ these low pps. 'Taronis Fuels Inc. (TRNF)'
contract for $150 with turkey, Taronis is also working with the government of El Salvador to develop an entirely new fuel product intended to replace propane for residential uses.
#2, PPS HIT LOW LAST. WITH CONTRACTS IN THE DA FOLDER; THIS CAN RUN BETTER THAN
MOTHERSHIP;
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.
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.
PPS HIT LOW LAST. WITH CONTRACTS IN THE DA FOLDER; THIS CAN RUN BETTER THAN
MOTHERSHIP;
THIS GOLDEN AT PINKS. https://www.otcmarkets.com/stock/TRNF/security
Waiting for a chance to get them a little cheaper...
Jump in time!
GLTA!
highest vol & highest price today for TRNF, looks like where bulk of TRNX's assets came to-
i see lot of insider buying too recently.
looks great
TRNX , SPINOFF;'Taronis Fuels Inc. (TRNF)'
+50% today...what's happening...or is this tied somehow to TRNX?
SLAM
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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
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.
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.Volume | |
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