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TRNFQ: BK PLAN effective. All shares cancelled.
https://otce.finra.org/otce/dailyList?viewType=Deletions
TRNFQ
Taronis Fuels Inc (CE)
0.04
0.00 (0.00%)
Volume: 504
Day Range: 0.04 - 0.04
Last Trade Time: 3:04:31 PM EDT
TRNFQ
Taronis Fuels Inc (CE)
0.0581
0.0282 (94.31%)
Volume: 2,100
Day Range: 0.003 - 0.0583
Last Trade Time: 3:33:20 PM EDT
Are you still holding?
TRNFQ
Taronis Fuels Inc (CE)
0.0051
0.00 (0.00%)
Volume: 1
Last Trade Time: 3:28:45 PM EDT
TRNFQ
Taronis Fuels Inc (CE)
0.0051
0.00 (0.00%)
Volume: 1
Last Trade Time: 3:28:45 PM EDT
TRNF
Taronis Fuels Inc (CE)
0.0351
0.00 (0.00%)
Effective Nov. 15,2022 TRNF will change to TRNFQ, bankruptcy.
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
TRNF
Taronis Fuels Inc (CE)
0.30
0.00 (0.00%)
Volume: -
TRNF Detailed Quote
TRNF
Taronis Fuels Inc (CE)
0.0202
0.00 (0.00%)
Volume: -
TRNF Detailed Quote
well on the 12th it traded 27,327 between $0.24 and 0.38 .that's the largest volume since May. It's a long way from my average but it is trading up. I'm a buy and hold guy. The $ASTI has renewed my faith in the possible. as it has gotten on the NASDAQ
yes, TRNF
Taronis Fuels Inc (CE)
0.25
0.00 (0.00%)
Volume: 1
Last Trade Time: 10:12:37 AM EDT
Total Trades: 1
Noticed trnf was up to .25 today and recent volume and high .3901 on 12th. ive followed this inventors tech since $EFTI. maybe its coming back. Just Had $ASTI which was stole from $ENER suddenly hit $18.01 this morning after being accepted on NASDAQ after 3 reverse splits. Playing fill the gap. Anybody got any news ?
TRNF
Taronis Fuels Inc (CE)
0.24
0.00 (0.00%)
Volume: -
TRNF Detailed Quote
Taronis Fuels Inc (C (TRNF)
0.11 ? 0.0 (0.00%)
Volume: 2,500 @06/03/22 2:10:44 PM EDT
Bid Ask Day's Range
0.11 0.11 0.11 - 0.11
TRNF Detailed Quote
Taronis Fuels Inc (C (TRNF)
0.11 ? 0.0 (0.00%)
Volume: 2,500 @06/03/22 2:10:44 PM EDT
Bid Ask Day's Range
0.11 0.11 0.11 - 0.11
TRNF Detailed Quote
Current Report Filing (8-k) • Edgar (US Regulatory) • 04/11/2022 08:06:43 PM
Current Report Filing (8-k) • Edgar (US Regulatory) • 03/25/2022 09:05:34 PM
Initial Statement of Beneficial Ownership (3) • Edgar (US Regulatory) • 03/21/2022 06:01:00 PM
Taronis Fuels Inc (C (TRNF)
0.0109 ? 0.0 (0.00%)
Volume: 0 @-
Bid Ask Day's Range
0.0109 0.0109 - - -
TRNF Detailed Quote
Taronis Fuels Inc (C (TRNF)
0.011 ? 0.0001 (0.92%)
Volume: 1,772 @03/11/22 2:15:10 PM EST
Bid Ask Day's Range
0.0109 0.0109 0.0109 - 0.011
TRNF Detailed Quote
Taronis Fuels Inc (C (TRNF)
0.011 ? 0.0001 (0.92%)
Volume: 1,772 @03/11/22 2:15:10 PM EST
Bid Ask Day's Range
0.0109 0.0109 0.0109 - 0.011
TRNF Detailed Quote
Taronis Fuels Inc (C (TRNF)
0.0102 ? 0.0 (0.00%)
Volume: 0 @-
Bid Ask Day's Range
0.0102 0.0102 - - -
TRNF Detailed Quote
win some lose some i guess....shame. I've believed in this tech for decades, invested and for factors we all know about (amazing how much money someone can vote themselves as payment for mismanaging and destroying a company) watch it crash and burn, and unless a miracle happens, there it all goes down the toilet. Maybe someone with deep pockets, vision and knows how to run a business without sucking it dry will buy the patents and use the shell. yeah, right......
anyway, because this tech was/is basically plasma+ hydrogen, thought Y'all might be interested in something I've been watching for 20 years or so, and it looks like it's ready for commercialization. Private still, no stock. But I just started a Board. I have nothing invested with them, just hope they succeed. Brilliant Light Power (.com) same name board. If you post, please be respectful ( i know you will ).
Cheers
guess I'll hang on to my shares...maybe someone needs a shell. there goes my retirement play money ;{
COLONY INSURANCE COMPANY,
v.
MAGNEGAS WELDING SUPPLYSOUTHEAST, LLC., TARONIS FUELS,
INC., KICKIN GAS PARTNERS, INC.,
And STEVEN LAWRENCE
Case No. 8:20-cv-2775-VMC-AAS
On May 15, 2020, Melinda Reynolds — the wife of Andrew Reynolds — filed a wrongful death action against several entities she believed to be responsible for her husband’s death, including MagneGas-Southeast, Kickin Gas, and Defendant Taronis Technologies, Inc. (Doc. # 20-4). She subsequently served these entities a proposed settlement agreement offering to resolve all pending claims in exchange for $2,000,000.00. (Doc. # 20-5). Pursuant to this agreement, Colony paid $1,000,000.00 to Melinda Reynolds and the case was dismissed with prejudice. (Doc. # 20-6).
https://ecf.flmd.uscourts.gov/cgi-bin/show_public_doc?2020-02775-45-8-cv
What business would that be? Bilking investors?
Yeah, they got out of that business, makes sense to sell assets
The assets of the Taronis Fuels Inc. (TRNF) facility in Clearwater, Florida are being auctioned off.
https://tampaliquidationcenter.com/details-auction-3.php
Taronis Fuels Inc (C (TRNF)
3.5 ? 0.0 (0.00%)
Volume: 559 @11/05/21 10:34:30 AM EDT
Bid Ask Day's Range
3.5 3.5 3.5 - 3.5
TRNF Detailed Quote
Taronis Fuels Inc (C (TRNF)
3.0 ? -0.01 (-0.33%)
Volume: 3,216 @10/08/21 3:42:23 PM EDT
Bid Ask Day's Range
3.01 3.01 3.0 - 3.0
TRNF Detailed Quote
Taronis Fuels Inc (P (TRNF)
3.6 ? 0.0 (0.00%)
Volume: 18,298 @09/22/21 3:50:41 PM EDT
Bid Ask Day's Range
3.43 3.95 3.44 - 3.6
TRNF Detailed Quote
I was one of the ones who voted for this new BOD I am beginning to think I made a mistake they have been in power now for several months and it seems like nothing has changed or is happening. Does this company even exist anymore.
Taronis Fuels Inc (P (TRNF)
4.4 ? -0.45 (-9.28%)
Volume: 11,168 @08/13/21 3:58:50 PM EDT
Bid Ask Day's Range
3.96 6.35 4.2 - 4.85
TRNF Detailed Quote
$TRNF TARONIS FUELS ANNOUNCES SALE OF $2.5 MILLION OF CONVERTIBLE NOTES
Press Release | 08/05/2021
The notes convert into common stock at $7 per share
Taronis Fuels also provides update regarding restatement and public reporting
_____________________________________________________________________________________________
Peoria, AZ, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Taronis Fuels, Inc. (“Taronis” or the “Company”) (OTC Pink:TRNF), a US industrial gas distributor and producer of renewable and socially responsible products, today announced the sale of $2.5 million of convertible notes to an institutional investor. The notes, which carry a 1% annual interest rate and mature in August 2028, are convertible into shares of the Company’s common stock at $7 per share at the option of the holder.
Kevin Foti, President and CEO of Taronis commented, “While we were not seeking to raise additional capital, we could not pass up the opportunity to strengthen our balance sheet on such favorable terms. In exchange, the investor gained long-term exposure to our common stock at $7 per share.”
The Company also provided an update regarding its ongoing restatement and the public reporting of its financial results. As previously disclosed, the Company’s Audit Committee determined in April 2021 that the Company’s previously issued financial statements for the year ended December 31, 2019 and for each of the interim quarterly periods in fiscal 2020 should not be relied upon. Taronis continues to make progress on the restatement of the previously issued financial statements and now anticipates completing the restatement during the fourth quarter of 2021 or first quarter of 2022. In addition, Taronis anticipates becoming current in its public company reporting with the SEC during the fourth quarter of 2021 or first quarter of 2022, including filing financial statements for fiscal 2020 and each of the first three quarters of 2021. After becoming current in its SEC filings, Taronis intends to apply to list its common stock on the NYSE American stock exchange.
“One of our top objectives is meeting the requirements for listing on the NYSE American, which we believe will benefit our stockholders immensely and lower our cost of capital,” noted Mr. Foti. “In the meantime, our operating team remains focused on pursuing growth opportunities and optimizing our business.”
On September 28, 2021, new rules will become effective governing quotations for over-the-counter securities such as the Company’s common stock. The new rules will generally prohibit broker-dealers from publishing quotations for an issuer’s securities when issuer information is not current and publicly available, subject to certain exceptions, and many retail investors will be unable to trade in the Company’s common stock until the Company becomes current in its SEC filings. While there will be limited liquidity in the Company’s common stock during this time, the Company’s balance sheet remains strong and the Company anticipates that its current financial resources will be sufficient to fund the Company through the restatement and eventual uplisting.
Taronis is focused on the restatement and becoming current in its SEC filings, and management continues to explore opportunities to enhance the Company’s capitalization and reduce the Company’s cost of capital and expense structure. Such opportunities may include, without limitation, additional debt and equity offerings, the refinancing of existing indebtedness or the incurrence of new indebtedness, including secured indebtedness, and the restructuring other financial obligations. Management also continues to review acquisition opportunities that may be synergistic with the Company’s current operations.
About Taronis Fuels
Taronis Fuels, Inc. is a US industrial gas distributor and producer of renewable and socially responsible products. Taronis is dedicated to providing safe solutions to meet the industrial, commercial and residential needs of tomorrow’s global economy. For more information, please visit our website at www.taronisfuels.com.
Forward-Looking Statements
This press release contains forward-looking information about Taronis within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Any statements contained herein which do not describe historical facts, including, among others, the timing of the restatement and other public company filings, an uplisting to the NYSE American stock exchange, and capital raising and acquisition opportunities, are forward-looking statements which involve risks and uncertainties that could cause actual results to differ materially from those discussed in such forward-looking statements. Such risks and uncertainties include, among others, the risks associated with the timing and outcome of the Company’s ongoing internal investigation concerning its previously issued results and internal controls; the ability of the Company’s new management team and financial accounting staff to complete the restatement and other public filings in a timely manner; as well as those risks identified in the Company’s filings with the SEC, including its Annual Report on Form 10-K for the year ended December 31, 2019, its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2020, June 30, 2020 and September 30, 2020 and subsequent filings with the SEC which are available at the SEC’s website at www.sec.gov. Any such risks and uncertainties could materially and adversely affect the Company’s results of operations, its profitability and its cash flows, which would, in turn, have a significant and adverse impact on the Company’s stock price. The Company cautions you not to place undue reliance on any forward-looking statements, which speak only as of the date they are made. The Company disclaims any obligation to publicly update or revise any such statements to reflect any change in expectations or in events, conditions or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements.
Taronis Fuels Contacts:
Investors:
Taronis Fuels
ir@taronisfuels.com
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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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