Taronis Technologies Inc (fka TRNX)

[ORCA]

25 million at .15????What a Freaken pos.On August 28, 2018, MagneGas Corporation (the “Company”) entered into a Securities Purchase Agreement (“SPA”) with the investor listed on the signature page thereto (“Investor”). Under the terms of the SPA, the Company offered and agreed to sell up to 25,000,000 shares of Common Stock at any time during the offering period until the expiration or termination of the offering (each such purchase a “Closing”). The purchase price for the Common Stock is $0.15 per share. Total gross proceeds to the Company upon completion of the offering (assuming full subscription) will be $3,750,000.