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rayank

09/25/14 9:39 AM

#326023 RE: Newsguy1 #326022

With MNGA, that sounds logical. Thanks :-)

oldberkeley

09/25/14 12:03 PM

#326044 RE: Newsguy1 #326022

MNGA- No, the 8/20 Form 8-K says that the testing has been completed:
http://ir.stockpr.com/magnegas/sec-filings

The Naval Facilities Engineering Command website lists Project 480 (Alternative Metal Hot Cutting Operations For Opacity) status as Active:
http://www.nesdi.navy.mil/ProjectsCurrent.aspx

There were many fuels tested, going to take awhile to release the results. It's a complicated mixture of many factors: cost, speed, ease of use, shipboard dynamics, opacity, many more.

$oldier Hard

10/02/14 7:22 PM

#326797 RE: Newsguy1 #326022

MNGA and regarding the Navy contract Ng. It just dawned on me tonight that the govt fiscal year just began and $$$ that have been promised are now being divvied out. Also if I'm not mistaken and I could be but usually suppliers contracts also expire at the end of the fiscal year and new ones are given out.
That said maybe we'll be hearing something from them in the near future.
They do seem to be pretty busy expanding down there.

rayank

10/02/14 10:27 PM

#326824 RE: Newsguy1 #326022

I am still in MNGA and LIQD.