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Filing Details

Accession Number:: 0001213900-12-004892
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2012-08-23 14:15:42
Reporting Period:: 2012-08-21

Filing Date:: 2012-08-23
Accepted Time:: 2012-08-23 14:15:42
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1353487	Magnegas Corp	MNGA	Special Industry Machinery, Nec (3559)	260250418

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1396053	M Ruggero Santilli	150 Rainville Road Tarpon Springs FL 34689		Yes	No	Yes	No
1447277	Luisa Ingargiola	150 Rainville Road Tarpon Springs FL 34689	Cfo And Secretary	Yes	Yes	Yes	No
1447278	Global Alpha, Llc	150 Rainville Road Tarpon Springs FL 34689		No	No	Yes	No
1448450	Carla Santilli	150 Rainville Road Tarpon Springs FL 34689		Yes	No	Yes	No
1449633	Santilli, Ermanno	150 Rainville Road Tarpon Springs FL 34689	Ceo	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.001 Per Share	Disposition	2012-08-21	434,781	$2.79	1,832,829	No	4	S	Indirect	By Global Alpha, LLC
Common Stock, Par Value $0.001 Per Share	Disposition	2012-08-21	108,696	$2.79	4,354,304	No	4	S	Indirect	By Luisa Ingargiola
Common Stock, Par Value $0.001 Per Share	Disposition	2012-08-21	108,696	$2.79	4,018,354	No	4	S	Indirect	By Ermanno Santilli

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By Global Alpha, LLC
No	4	S	Indirect	By Luisa Ingargiola
No	4	S	Indirect	By Ermanno Santilli

Footnotes

This Form 4 is filed jointly by Global Alpha, LLC ("Global Alpha"), Dr. Ruggero Maria Santilli ("Ruggero"), Carla Santilli ("Carla"), Luisa Ingargiola ("Luisa"), and ErmannoSantilli ("Ermanno") (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group, which also includes HyFuels, Inc. ("HyFuels"), Global Beta, LLC ("Global Beta"), Clean Energies Tech Corp. ("Clean Energies") and RM Santilli Foundation (the "Foundation"), that collectively owns more than 10% of the Issuer's outstanding shares of Common Stock and Preferred Stock. Each of the Reporting Persons disclaims beneficial ownership of the shares of Common Stock reporting herein except to the extent of his, her, or its pecuniary interest therein.
Represents the sale price of the shares of common stock sold by Global Alpha, Luisa, and Ermanno (collectively, the "Selling Stockholders") to Northland Securities, Inc. and MLV & Co. LLC on August 21, 2012, pursuant to an Underwriting Agreement (the "Underwriting Agreement").
Represents shares of Common Stock owned directly by Global Alpha. As the members of Global Alpha, Ruggero and Carla may each be deemed to beneficially own the shares owned by Global Alpha. Each of Ruggero and Carla disclaims beneficial ownership of such shares except to the extent of his or her pecuniary interest therein.
These shares of Common Stock were sold directly by Global Alpha as a Selling Stockholder pursuant to the Underwriting Agreement.
Represents shares of Common Stock beneficially owned by Luisa. This includes 3,010,000 shares held by HyFuels., in which Luisa Ingargiola owns 4% of the company; 901,000 shares held by Global Beta, in which Luisa owns 95%; 2,000 shares which Luisa beneficially owns through related family members; and 441,304 shares of common stock held by Luisa directly.
These shares of Common Stock were sold directly by Luisa as a Selling Stockholder pursuant to the Underwriting Agreement.
Represents shares of Common Stock owned beneficially owned by Ermanno. This includes 3,010,000 shares held by Hyfuels, in which Ermanno owns 4% of the company; 313,000 shares held by Clean Energies, in which Ermanno owns 50% of the company; 270,000 shares held by the Foundation in which Ermanno owns 50% of the company; and 425,354 shares of common stock held by Ermanno directly.
These shares of Common Stock were sold directly by Ermano as a Selling Stockholder pursuant to the Underwriting Agreement.