0001213900-14-000467.txt : 20140127 0001213900-14-000467.hdr.sgml : 20140127 20140127114757 ACCESSION NUMBER: 0001213900-14-000467 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20140127 DATE AS OF CHANGE: 20140127 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MAGNEGAS CORP CENTRAL INDEX KEY: 0001353487 STANDARD INDUSTRIAL CLASSIFICATION: SPECIAL INDUSTRY MACHINERY, NEC [3559] IRS NUMBER: 260250418 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-82791 FILM NUMBER: 14547998 BUSINESS ADDRESS: STREET 1: 150 RAINVILLE ROAD CITY: TARPON SPRINGS STATE: FL ZIP: 34689 BUSINESS PHONE: (727) 932-9593 MAIL ADDRESS: STREET 1: 35246 US 19 #311 CITY: PALM HARBOR STATE: FL ZIP: 34684 FORMER COMPANY: FORMER CONFORMED NAME: 4307 Inc DATE OF NAME CHANGE: 20060215 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ALPHA CAPITAL ANSTALT CENTRAL INDEX KEY: 0001140358 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: PRADAFAUT 7 STREET 2: FURSTENTUMS 1490 CITY: VADUZ LIECHTENSTEIN STATE: C4 ZIP: 99999 BUSINESS PHONE: 0114232376363 MAIL ADDRESS: STREET 1: PRADAFAUT 7 STREET 2: FURSTENTUMS 1490 CITY: VADUZ LIECHTENSTEIN STATE: C4 ZIP: 99999 FORMER COMPANY: FORMER CONFORMED NAME: ALPHA CAPITAL AKTIENGESELLSCHAFT DATE OF NAME CHANGE: 20010510 SC 13G 1 sc13g0114alpha_magnegas.htm SCHEDULE 13G sc13g0114alpha_magnegas.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. __)


MAGNEGAS CORPORATION
(Name of Issuer)
 
COMMON STOCK, $0.001 PAR VALUE
(Title of Class of Securities)


(CUSIP Number)
 
January 27, 2014
(DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT)

 
Check the appropriate box to designate the rule pursuant to which this Schedule is filed: x Rule 13d-1(c)
 
*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 
(Continued on following page(s)
 
Page 1 of 4 Pages
 
 
 
 
 
CUSIP No. 55939L202   13G         Page 2 of 4 Pages
 
 
 1.    NAMES OF REPORTING PERSON
                S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

              Alpha Capital Anstalt
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
                                                                 (a)   o
                                                                 (b)   o
3.    SEC USE ONLY

 
4.    CITIZENSHIP OR PLACE OF ORGANIZATION

Liechtenstein
5.   SOLE VOTING POWER, NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON – 1,993,869 Common Stock
 
 
6.   SHARED VOTING POWER - None

 
7.   SOLE DISPOSITIVE POWER – 1,993,869 shares of Common Stock

 
8.   SHARED DISPOSITIVE POWER – None

 
9.     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -

1,993,869 shares of Common Stock
10.    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES  CERTAIN SHARES      x
 
Does not include the conversion of Preferred Stock and exercise of Warrants held by Alpha Capital Anstalt (“Alpha”) which contain a contractually stipulated 4.99% ownership restriction.  The full exercise of Alpha’s securities would exceed this restriction.
11.    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

7.793%
12.    TYPE OF REPORTING PERSON
 
CO
 
 
 
 
 
CUSIP No. 55939L202   13G         Page 3 of 4 Pages
 
ITEM 1 (a) NAME OF ISSUER:
 
MagneGas Corporation

ITEM 1 (b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

150 Rainville Road, Tarpon Springs, FL 34689

ITEM 2 (a) NAME OF PERSON FILING:
 
Alpha Capital Anstalt

ITEM 2 (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:

Pradafant 7, Furstentums 9490, Vaduz, Liechtenstein

ITEM 2 (c) CITIZENSHIP:
 
Liechtenstein

ITEM 2 (d) TITLE OF CLASS OF SECURITIES:
 
Common Stock

ITEM 2 (e) CUSIP NUMBER:
 
55939L202

ITEM 3 IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B) OR 13D-2(B):  
 
Not applicable

ITEM 4 OWNERSHIP

(a) AMOUNT BENEFICIALLY OWNED: 1,993,869 Shares of Common Stock

(b) PERCENT OF CLASS: 7.793%

(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:

(i)   SOLE POWER TO VOTE OR DIRECT THE VOTE

1,993,869 Shares

(ii)  SHARED POWER TO VOTE OR DIRECT THE VOTE

0 Shares

(iii) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF

1,993,869 Shares

(iv) SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF

0 Shares
 
 
 
 
 
CUSIP No. 55939L202   13G         Page 4 of 4 Pages
 
ITEM 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
 
Not applicable
ITEM 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON

Not applicable

ITEM 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY

Not applicable

ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF A GROUP

Not applicable

ITEM 9   NOTICE OF DISSOLUTION OF GROUP

Not applicable



SIGNATURE

         After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
  January 27, 2014
  (Date)
   
  /s/ Konrad Ackerman
  (Signature)
   
  Konrad Ackerman, Director
  (Name/Title)