Taronis Technologies Inc (fka TRNX)

[sweet crude]

MNGA issued alert at .25

(NEW YORK)–Ludlow Research issues alert on MagneGas Applied Technology Solutions, Inc. (NASDAQ: MNGA), a leading clean technology company in the renewable resources and environmental solutions industries, stating recent pullback in stock has presented a more reasonable and attractive entry point in the $0.25 range.

MNGA recently announced a $5 million capital raise with a combine common and warrant price of around $0.23 per share. Under the terms of the agreement, MNGA agreed to sell 21,800,000 shares of its common stock, and warrants to purchase an additional 21,800,000 shares of common stock, with an exercise price of $0.3654.

In note to subscribers Ludlow Research made point that the stock had pullback to from recent highs in the $0.60’s to just above their offering price at or around the $0.25 mark, represented a much more attractive entry point for traders looking to take positions in the stock.

http://wallstreetnewscast.com/mnga-1016/