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Magnegas Corporation is a Delaware Company that owns the following patents and patent application currently in use by the company:
· U.S. Patent No. 6,926,872, issued on August 9, 2005 entitled Apparatus and Method for Producing a Clean Burning Combustible Gas With Long Life Electrodes and Multiple Plasma-Arc-Flows;
· U.S. Patent No. 6,972,118, issued on December 6, 2005 entitled Apparatus and Method for Processing Hydrogen, Oxygen and Other Gases;
· U.S. application no. 11/474,687, filed on June 26, 2006 entitled Operating Under High Power, Pressure and Temperature Conditions to Produce A Combustible Gas.
The company also owns the United States Trademark "Magnegas" and all related domain names. In addition, the company is operating under an exclusive and all-encompassing license with HyFuels, Inc for the MagneGas Technology for South and Central America and the Caribbean Islands. Further details regarding the company are discussed in the Company's periodic filings with the Securities and Exchange Commission, which are available for review at www.sec.gov under "Search for Company Filings.
Ruggero Santilli was born and educated in Italy where he achieved his Ph.D., the highest possible education in mathematics and physics, as well as a chair in nuclear physics at the Avogadro Institute in Turin. In 1967 Santilli was invited by the University of Miami in Florida to conduct research for NASA and he moved with his family to the U.S.A. where he subsequently became a U.S. citizen. In 1968 he joined the faculty of Boston University, under partial support from the U.S. Air Force, where he taught physics and applied mathematics from prep courses to seminar post-Ph.D. courses. In 1975-1977 he went to MIT and from 1978 to 1983 he was a member of Harvard University where he received five grants from the U. S. Department of Energy to study a generalization of quantum mechanics and chemistry needed for new clean energies and fuels. Since 1984 he is the President of the Institute for Basic Research, originally located in a Victorian inside Harvard University and moved to Florida in 1990.
Santilli is the author of some 250 technical articles and 18 post Ph.D. level monographs in mathematics, physics, cosmology, superconductivity, chemistry and biology published the world over. He is the founding editor of three journals in mathematics and physics and editor of several others. Santilli is known in mathematics for the discovery of a series of new numbers, now called "Santilli iso-, geno-, hyper- and isodual-numbers" and other discoveries; he is known in physics as the originator of "hadronic mechanics", the only known consistent broadening of quantum mechanics predicting new clean energies; and he is known in chemistry as the originator of "hadronic chemistry", a broadening of quantum chemistry developed for the study of new clean fuels.
Santilli is among the most illustrious applied mathematicians of all times; he received two gold medals for scientific merits; and the listing as "Santilli Hall" of a class room at an Australian research center. Since the 80s, he has been recommended by scholars around the world to the nominations for the Nobel Prize in physics as well as in chemistry. A scientific meeting was organized in June 2005 at the University of Karlstad, Sweden, to honor Santilli's 70-th birthday with participation of scientists from 50 countries.
Prior to joining MagneGas, Mr. Wainwright founded and served as CEO of First Chance Properties and Investment, a real estate development company from 2003-2009 where he honed his financial, transactional and management skills, growing the business to 30 employees and implementing various development and consulting projects. He previously founded and served as CEO of Future Marketing, Inc., a marketing company from 2001 to 2003 providing advertising, marketing and promotional services for such industry leaders as Land Rover, Ford and Chrysler. Scott is also an expert on government contracts and is GSA certified.
Luisa Ingargiola graduated in 1989 from Boston University with a Bachelor Degree in Business Administration and a concentration in Finance. In 1996 she received her Master's Degree from the University of South Florida. In 1990 she joined Boston Capital Partners as an Investment Advisor in their Limited Partnership Division. In this capacity, she worked with investors and partners to report investment results, file tax forms and recommend investments.
In 1992 she joined MetLife Insurance Company as a Budget and Expense Manager. In this capacity she managed a $30 million dollar annual budget. Her responsibilities included budget implementation, expense and variance analysis and financial reporting.
Carla Santilli holds a Master Degree in Human Services Administration from the School of Social Work of Boston University. She held positions of Clinical Social Worker and Community Programs Coordinator for the State of Massachusetts.
Since the late 1980’s Mrs. Santilli has been employed as President and Chief Executive Officer of Hadronic Press, Inc, a physics and mathematics academic publishing company. In this capacity, Mrs. Santilli directed the growth of this company from start-up to become one of the world’s leading physics and mathematics publishing companies. Books and journals published by Hadronic Press can be found in all of the leading University libraries across the world. Mrs. Santilli has been involved in the private sector as grant administrator and public relations specialist in the fields of academic publishing and environmental sciences.
Jerry Paul is the President and Managing Member of Capitol Energy, LLC, a government affairs consulting firm that combines technical engineering, legal, political, public policy and international affairs experience in the energy field representing clients nationwide with legislative strategies and business development strategies related to energy transformation, alternative energy, biofuels market development, facilities development, nuclear energy, power plant siting and energy technology development. He also serves as the Distinguished Energy Fellow on faculty at the University of Tennessee, Howard Baker Center for Public Policy.
Mr. Paul, a nuclear engineer and attorney, formerly served as the elected representative of Florida’s 71st district in the Florida House of Representatives where he served as Deputy Majority Whip, chaired the House Subcommittee on Environment Regulation and chaired the House Subcommittee on Environmental Appropriations. Additionally, he served on the committees of Energy, Appropriations, Business Regulation, Natural Resources and Public Security. His primary areas of policy focus have been energy and environment. He is well-recognized both in Florida and Washington as a leading voice on energy policy and government’s role in energy transformation.
As a practicing attorney and member of the Florida Bar for 10 years, Mr. Paul was a partner in the law firm of McKinley, Ittersagen, Gunderson and Bernttson, P.A.
Mr. Paul formerly served as America’s Chief Operating Officer and Deputy Administrator of the U.S. National Nuclear Security Administration (NNSA). Appointed by President Bush in February 2004 and confirmed by the U.S. Senate, he was responsible for coordinating all activities of the NNSA at 3 National Laboratories and 5 production facilities in the U.S. and foreign offices in Moscow, Vienna, Tokyo and Beijing.
In 2004, he was selected to serve as the NNSA Central Technical Authority (CTA), which is the senior decision authority for technical nuclear safety decision makingthroughout the U.S. Nuclear Weapons Complex.
He has served as a member of the U.S. Dept. of Energy Nuclear Energy Research Advisory Committee and as the Florida representative for both the Southern States Energy Board and the National Conference of Legislators Committees on Environmental and Natural Resources. He is currently the Distinguished Fellow on Energy Policy at the Howard Baker Center for Public Policy at the University of Tennessee.
Mr. Paul holds a law degree from Stetson University, a bachelor’s degree in marine engineering from the Merchant Marine Academy in Castine, ME, and a post-baccalaureate degree in nuclear engineering from the University of Florida.
 Executive Summary:
Peter is an accounting professional with over 20 years of experience. He has worked as audit manager within large regional public accounting firms and as controller for technology and manufacturing companies. Areas of expertise for Peter include: SEC reporting, Sarbanes-Oxley 404 implementation, revenue recognition, risk management; tax compliance; and cash management. Peter is a CPA and has an MBA in Finance.
Key Career Accomplishments:
- Audit Manager for large regional public accounting firm performing audits, reviews, tax accounting, and special projects involving SEC reporting
- Engaged in several Sarbanes-Oxley 404 projects; completed documentation, flowcharting, and testing
- Provided financial support for investment and revenue raising activities within a start up technology company
- Developed valuation measurements for the core business and segments
- Resolved accounting issues including revenue recognition for projects and government grants
- Performed dynamic budget and forecasting for a company in a highly competitive industry
- Resolved accounting issues involving revenue recognition for software sales, software maintenance and service arrangements
- Performed acquisition due diligence reviews
- Supported venture capital attainment activity, including private placement memorandums
- Prepared financial records in compliance for Initial Public Offering (IPO) while working directly with investment banking concerns
- Created corporate exit strategies and coordinated valuation negotiations
- Implemented BPCS manufacturing software and designed customized enhancements for rollup into MRP inventory control
Professional Experience:
- Pender Newkirk & Co, LLP – Audit Manager
- Price Donoghue Ridenour – Audit Manager
- Dais-Analytic Corporation, Controller & Director of Finance
- Digital Chainsaw, Inc., Controller & Director of Finance
- Lifetime Brands, Controller
- BDO Seidman, LLP – Supervising, Senior Auditor
Education, Certification, Memberships:
- BBA Accounting, Pace University
- MBA Finance, Long Island University
- Certified Public Accountant, Florida and New York
Mr. Wilson has an extensive professional background in the energy industry with a balance of experience in operations, regulatory, legislative, finance and restructuring work. Over the past 20 years, Mr. Wilson has served on the executive teams of two major natural gas pipelines, a natural gas local distribution company and a public power district. Mr. Wilson has successfully managed regulatory and legislative initiatives in Nebraska, Colorado, Kansas, New Mexico, Arizona, Illinois, Iowa, Minnesota and Florida.
Education:
B.S. Public Administration, University of Nebraska/Omaha
Master Public Administration, University of Nebraska
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MagneGas Corporation
U.S. 19 North #311
Palm Harbor, Florida 34684
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