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Re: $oldier Hard post# 7292

Tuesday, 04/18/2017 10:01:51 AM

Tuesday, April 18, 2017 10:01:51 AM

Post# of 12668
MagneGas Announces the Formation of MagneGas Welding Supply, LLC

Wholly-owned Subsidiary to Hold E.S.S.I. and Future Industrial Gas & Welding Supply Acquisitions

"Over the past 90 days, the Company has embarked on an aggressive strategy to contain costs through the reduction of non-essential employees and consultants, along with the realignment of certain personnel in sales related positions," stated Scott Mahoney, C.F.O. of MagneGas Corporation. "It has been a top priority to develop a clear path to self-sustained organic growth in 2017. We now have a clear plan for near term execution."


http://www.marketwatch.com/(S(rnrsydaynixa5x55oiibxm45))/story/magnegas-announces-the-formation-of-magnegas-welding-supply-llc-2017-04-18

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