Statement of Changes in Beneficial Ownership (4)

FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^* Santilli Carla	2. Issuer Name and Ticker or Trading Symbol MAGNEGAS CORP [ MNGA ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __ X __ Director __ X __ 10% Owner _____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle) 150 RAINVILLE ROAD	3. Date of Earliest Transaction (MM/DD/YYYY) 1/12/2015
(Street) TARPON SPRINGS, FL 34689 (City) (State) (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _ X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common stock, par value $0.001 per share ⁽¹⁾ ⁽²⁾	1/12/2015		S		68414 ⁽³⁾	D	$0.707 ⁽⁴⁾	5327379	D
Common stock, par value $0.001 per share	1/13/2015		S		87500 ⁽³⁾	D	$0.767 ⁽⁴⁾	5239879	D
Common stock, par value $0.001 per share	1/14/2015		S		25000 ⁽³⁾	D	$0.960 ⁽⁴⁾	5214879	D
Common stock, par value $0.001 per share	1/23/2015		S		22361 ⁽³⁾	D	$0.631 ⁽⁴⁾	5192518	D
Common stock, par value $0.001 per share	1/26/2015		S		10000 ⁽³⁾	D	$0.640 ⁽⁴⁾	5182518	D
Common stock, par value $0.001 per share	1/27/2015		S		21500 ⁽³⁾	D	$0.630 ⁽⁴⁾	5160018	D
Common stock, par value $0.001 per share	1/28/2015		S		4550 ⁽³⁾	D	$0.648 ⁽⁴⁾	5156468	D
Common stock, par value $0.001 per share	1/30/2015		S		10000 ⁽³⁾	D	$0.640 ⁽⁴⁾	5146468	D
Common stock, par value $0.001 per share	2/2/2015		S		10000 ⁽³⁾	D	$0.650 ⁽⁴⁾	5136468	D
Common stock, par value $0.001 per share	2/5/2015		S		14450 ⁽³⁾	D	$0.700 ⁽⁴⁾	5122018	D
Common stock, par value $0.001 per share	2/6/2015		S		7181 ⁽³⁾	D	$0.710 ⁽⁴⁾	5114837	D
Common stock, par value $0.001 per share	2/9/2015		S		22319 ⁽³⁾	D	$0.700 ⁽⁴⁾	5092518	D
Common stock, par value $0.001 per share	3/19/2015		S		1229 ⁽³⁾	D	$0.807 ⁽⁴⁾	5091289	D
Common stock, par value $0.001 per share	3/20/2015		S		10000 ⁽³⁾	D	$0.810 ⁽⁴⁾	5081289	D
Common stock, par value $0.001 per share	3/20/2015		A		27894 ⁽⁵⁾	A	$0.717	5109183	D
Common stock, par value $0.001 per share	3/23/2015		S		10000 ⁽³⁾	D	$0.861 ⁽⁴⁾	5099183	D
Common stock, par value $0.001 per share	3/24/2015		S		10000 ⁽³⁾	D	$0.831 ⁽⁴⁾	5089183	D
Common stock, par value $0.001 per share	3/25/2015		S		10000 ⁽³⁾	D	$0.820 ⁽⁴⁾	5079183	D

*Table II - Derivative Securities Beneficially Owned ( e.g.* , puts, calls, warrants, options, convertible securities)**
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:
( 1)	The reporting person is hereby disclosing a delinquent Form 4. As of December 31, 2014, the reporting person owned a total of 5,395,793 shares that included: (a) 2,307,829 shares held by Global Alpha, LLC, a privately owned company which is 50% owned by each of the reporting person and the reporting person's spouse, Ruggero Santilli; (b) 1,626,000 shares held by Global Beta, LLC, a privately owned company which is 50% owned by each of the reporting person and Ruggero Santilli; (c) 313,000 shares held by Clean Energies Tech Co., a private company which is 50% owned by Ruggero Santilli; (d) 270,000 shares held by the RM Santilli Foundation, a foundation which is 50% owned by the reporting person; (Continued Note 2)
( 2)	(e) 10,000 shares held in Ruggero Santilli's own name; (f) 525,000 shares of common stock underlying options held by Ruggero Santilli that are presently exercisable; (f) 43,964 shares held in the name of the reporting person; and (g) 300,000 shares of common stock underlying options held by the reporting person that are presently exercisable. This Form 4 does not disclose the transactions in the common stock of the Issuer in which the reporting person engaged from August 23, 2012, the date on which the reporting person filed her last Form 4, through December 31, 2014.
( 3)	Global Beta sold all of the shares of common stock reported in this Form 4 pursuant to a Rule 10b5-1 trading plan.
( 4)	The prices reported in Column 4 for the sales on January 12, January 13, January 14, January 23, January 26, January 27, January 28, January 30, February 2, February 5, February 6, February 9, March 19, March 20, March 23, March 24, and March 25 are weighted average sales prices. These shares were sold pursuant to the 10b5-1 trading plan in multiple transactions at prices ranging from $0.630 to $0.960, inclusive for the trades executed on those dates in January, February, and March. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
( 5)	Acquired in the reporting person's own name pursuant to an award under the MagneGas Corporation 2014 Equity Incentive Award Plan for her services rendered as a member of the Board of Directors for the period of November 16, 2014 through February 15, 2015.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Santilli Carla 150 RAINVILLE ROAD TARPON SPRINGS, FL 34689	X	X

Signatures
/s/ Carla Santilli		3/27/2015
^** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	If the form is filed by more than one reporting person, see Instruction 4(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).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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.