Eh gonetopot, maybe the PR signals a shift in how MNGA will report future contract awards. Previously, they would announce they had an agreement with a company for distribution of the MagneGas, but didn't provide details as to number of bottles expected to distribute, nor revenue they anticipate receiving. This PR certainly seems to have quite a bit more meat for investors!
Also, company has been building infrastructure to support most requirements for industrial use of the Magnegas product. They always seem to have had an interest in global penetration of the products. Don't forget also, they are testing for FDA approval for sterilization of bio-contaminated liquid waste for various industrial and agricultural markets (an update on FDA piece should be coming soon) In addition, the Company is developing a variety of uses for MagneGas® fuels utilizing its high flame temperature for co-combustion of hydrocarbon fuels and other advanced applications.
Lots to look forward to here in the next few months and into next year!
good luck
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