Edgar Filing: Santilli Ruggero M

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â HyFuels, Inc

2. Date of Event Requiring Statement (Month/Day/Year)
08/13/2012

3. Issuer Name and Ticker or Trading Symbol
MAGNEGAS CORP [MNGA]

(Last)

(First)

(Middle)

150 RAINVILLE ROAD

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	__X__ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

TARPON SPRINGS,Â FLÂ 34689

6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $0.001 per share ⁽¹⁾	3,010,000	I ⁽²⁾	By HyFuels, Inc.
Common Stock, par value $0.001 per share ⁽¹⁾	1,832,829	I ⁽³⁾	By Global Alpha, LLC
Common Stock, par value $0.001 per share ⁽¹⁾	901,000	I ⁽⁴⁾	By Global Beta, LLC
Common Stock, par value $0.001 per share ⁽¹⁾	313,000	I ⁽⁵⁾	By Clean Energies Tech Corp.
Common Stock, par value $0.001 per share ⁽¹⁾	270,000	I ⁽⁶⁾	By RM Santilli Foundation
Common Stock, par value $0.001 per share ⁽¹⁾	10,000	I ⁽⁷⁾	By Dr. Ruggero Maria Santilli
Common Stock, par value $0.001 per share ⁽¹⁾	441,304	I ⁽⁸⁾	By Luisa Ingargiola
Common Stock, par value $0.001 per share ⁽¹⁾	425,354	I ⁽⁹⁾	By Ermanno Santilli
Common Stock, par value $0.001 per share ⁽¹⁾	2,000	I ⁽¹⁰⁾	By the Family Members of Luisa Ingargiola
Common Stock, par value $0.001 per share ⁽¹⁾	1,000,000	I ⁽¹¹⁾	By Global Alpha, LLC

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Option to Purchase Common Stock ⁽¹⁾	06/24/2012⁽¹²⁾	Â ⁽¹³⁾	Common Stock, par value $0.001 per share	450,000	$ 1.5	I ⁽¹⁴⁾	By Dr. Ruggero Maria Santilli
Option to Purchase Common Stock ⁽¹⁾	06/24/2012⁽¹⁵⁾	Â ⁽¹³⁾	Common Stock, par value $0.001 per share	300,000	$ 1.5	I ⁽¹⁶⁾	By Carla Santilli
Option to Purchase Common Stock ⁽¹⁾	06/24/2012⁽¹⁷⁾	Â ⁽¹³⁾	Common Stock, par value $0.001 per share	300,000	$ 1.5	I ⁽¹⁸⁾	By Luisa Ingargiola
Option to Purchase Common Stock ⁽¹⁾	06/24/2012⁽¹⁹⁾	Â ⁽¹³⁾	Common Stock, par value $0.001 per share	450,000	$ 1.5	I ⁽²⁰⁾	By Ermanno Santilli

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
HyFuels, Inc 150 RAINVILLE ROAD TARPON SPRINGS,Â FLÂ 34689	Â	Â X	Â	Â
Global Alpha, LLC 150 RAINVILLE ROAD TARPON SPRINGS,Â FLÂ 34689	Â	Â X	Â	Â
Global Beta, LLC 150 RAINVILLE ROAD TARPON SPRINGS,Â FLÂ 34689	Â	Â X	Â	Â
Clean Energies Tech. Co. 150 RAINVILLE ROAD TARPON SPRINGS,Â FLÂ 34689	Â	Â X	Â	Â
RM Santilli Foundation 150 RAINVILLE ROAD TARPON SPRINGS,Â FLÂ 34689	Â	Â X	Â	Â
Santilli Ruggero M 150 RAINVILLE ROAD TARPON SPRINGS,Â FLÂ 34689	Â X	Â X	Â	Â
Santilli Carla 150 RAINVILLE ROAD TARPON SPRINGS,Â FLÂ 34689	Â X	Â X	Â	Â
Santilli, Ermanno 150 RAINVILLE ROAD TARPON SPRINGS,Â FLÂ 34689	Â X	Â X	Â CEO	Â
Ingargiola Luisa 150 RAINVILLE ROAD TARPON SPRINGS,Â FLÂ 34689	Â X	Â X	Â CFO and Secretary	Â

Signatures

HyFuels, Inc., By: /s/ Luisa Ingargiola, as Attorney In Fact for Dr. Ruggero Maria Santilli, President		08/23/2012
^**Signature of Reporting Person		Date
Global Alpha, LLC, By: /s/ Luisa Ingargiola, as Attorney In Fact for Dr. Ruggero Maria Santilli, Managing Member		08/23/2012
^**Signature of Reporting Person		Date
Global Beta, LLC, By: /s/ Luisa Ingargiola, as Attorney In Fact for Dr. Ruggero Maria Santilli, Managing Member		08/23/2012
^**Signature of Reporting Person		Date
Clean Energies Tech Corp., By: /s/ Luisa Ingargiola, as Attorney In Fact for Dr. Ruggero Maria Santilli, President		08/23/2012
^**Signature of Reporting Person		Date
RM Santilli Foundation, By: /s/ Luisa Ingargiola, as Attorney In Fact for ErmannoSantilli, President		08/23/2012
^**Signature of Reporting Person		Date
/s/ Luisa Ingargiola, as Attorney In Fact for Dr. Ruggero Maria Santilli		08/23/2012
^**Signature of Reporting Person		Date
/s/ Luisa Ingargiola, as Attorney In Fact for Carla Santilli		08/23/2012
^**Signature of Reporting Person		Date
/s/ Luisa Ingargiola, as Attorney In Fact for ErmannoSantilli		08/23/2012
^**Signature of Reporting Person		Date
/s/ Luisa Ingargiola, as Attorney In Fact for Luisa Ingargiola		08/23/2012
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	This Form 3 is filed jointly by HyFuels, Inc. ("HyFuels"), Global Alpha, LLC ("Global Alpha"), Global Beta, LLC ("Global Beta"), Clean Energies Tech Corp. ("Clean Energies"), RM Santilli Foundation (the "Foundation"), Dr. Ruggero Maria Santilli ("Ruggero"), Carla Santilli ("Carla"), Luisa Ingargiola ("Luisa"), and Ermanno Santilli ("Ermanno") (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group 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.
(2)	Represents shares of Common Stock owned directly by HyFuels. As the stockholders of HyFuels, Ruggero, Carla, Luisa, and Ermanno may each be deemed to beneficially own the shares owned by HyFuels. Each of Ruggero, Carla, Luisa, and Ermanno disclaims beneficial ownership of such shares except to the extent of his or her pecuniary interest therein.
(3)	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.
(4)	Represents shares of Common Stock owned directly by Global Beta. As the stockholders of Global Beta, Ruggero, Carla, and Luisa may each be deemed to beneficially own the shares owned by Global Beta. Each of Ruggero, Carla, and Luisa disclaims beneficial ownership of such shares except to the extent of his or her pecuniary interest therein
(5)	Represents shares of Common Stock owned directly by Clean Energies. As the stockholders of Clean Energies, Ruggero and Ermanno may each be deemed to beneficially own the shares owned by Clean Energies. Each of Ruggero and Ermanno disclaims beneficial ownership of such shares except to the extent of his or her pecuniary interest therein
(6)	Represents shares of Common Stock owned directly by the Foundation. As the stockholders of the Foundation, Carla and Ermanno may each be deemed to beneficially own the shares owned by the Foundation. Each of Carla and Ermanno disclaims beneficial ownership of such shares except to the extent of his or her pecuniary interest therein
(7)	Represents shares of Common Stock owned directly by Ruggero.
(8)	Represents shares of Common Stock owned directly by Luisa
(9)	Represents shares of Common Stock owned directly by Ermanno
(10)	Represents shares of Common Stock beneficially held by Luisa through her related family members
(11)	Represents shares of Preferred 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.
(12)	37,500 shares underlying the option vest at the beginning of each quarter, beginning on the issuance date of June 24, 2012.
(13)	None.
(14)	Represents an option to purchase shares of Common Stock owned directly by Ruggero.
(15)	25,000 shares underlying the option vest at the beginning of each quarter, beginning on the issuance date of June 24, 2012.
(16)	Represents an option to purchase shares of Common Stock owned directly by Carla.
(17)	25,000 shares underlying the option vest at the beginning of each quarter, beginning on the issuance date of June 24, 2012.
(18)	Represents an option to purchase shares of Common Stock owned directly by Luisa.
(19)	37,500 shares underlying the option vest at the beginning of each quarter, beginning on the issuance date of June 24, 2012.
(20)	Represents an option to purchase shares of Common Stock owned directly by Ermanno.

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