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Yay for small (can I say nano?) victories!
I guess the nano tech in our spray is safe then.
"Defog sprays used to stop glasses steaming up when wearing a face mask could be exposing people to cancer-causing chemicals, study warns"
By IAN RANDALL FOR MAILONLINE
PUBLISHED: 11:06 EST, 5 January 2022 | UPDATED: 11:07 EST, 5 January 2022
https://www.dailymail.co.uk/sciencetech/article-10371589/Health-Anti-fog-sprays-used-stop-glasses-steaming-exposing-people-carcinogens.html
The good news is that our company isn't on the list for now.
Scroll down on following for published products:
https://pubs.acs.org/doi/suppl/10.1021/acs.est.1c06990/suppl_file/es1c06990_si_001.pdf
The bid is now 5,000 at $0.10. A few years of $0.05 gains and we'll be talking real money (which of course will still be worth $0.05 because of inflation)!
10-Q for Q3 2021 is out. Nothing terribly exciting. Revenues are lower because of relatively high lens care (anti-fog) sales in 2020 due to masking. I'm more disappointed of the lower level of services (the part of nano that I originally bought into) with no further discussion.
For positives, their cash position is solid partially as a result of funding from stock sales, although they seem to have a continuing issue with high accounts receivables (which they are selling at a discount to a 3rd party I presume to raise cash). Also interesting is the the high level of stock options being granted to the Bermans at a $0.75 strike (in lieu of cash compensation?) I consider both stock/option items a positive because it means 1) stock sales are an important funding too; and 2) the Bermans have skin in the game. Both 1) and 2) suggest there will continue to be a push to get the stock back into mainstream markets. The big question at this point is "how" since I did not see it discussed in the 10-Q.
All this is based on a quick read, so there may be more information to gleem on a detailed read.
A lot of shuffling is going on per the recent filings. Comments?
There must be some necessity here that I am missing.
This thing has a long way to go before I would consider dumping any shares. I’ve just about chalked this on off as a loss, but I might as well hang on in case a miracle happens.
Talk about stratified layers and tiers.
The cat is bouncing in the opposite direction now.
Am I interested enough to use my trading viewer yet?
No. Someone must have released a pressure value
in the boiler room as evidenced here.
Have all those compensated in stock decided to bail
before the year is out to clear the deck so to speak?
Call me after the holidays are over, please.
It's strange how some brokerage companies have the swing and others don't. My Schwab account won't let me trade it (which I wouldn't even if I could) but it shows the uptick. My Ameritrade account doesn't even show the gain today. I've searched all over and don't see any news so I'm guessing it can go down again as fast as it rose.
The best that I can say is that the business never went away, just the openly traded stock. When they figure out how to get the stock back off the pink sheets, the previous value should return to some degree. If we see more buying at these prices at greater volumes, then we might be close. I'm sure not selling now after holding thru a year+ of uncertainty.
What the heck just happened? Sp @ 1.5 .
At least they're punctual with changing the shade of lipstick on the Pig's lips.
This thing is a pig:)))
Long toothed estate sale tidying up perhaps?
Sometimes those holy relic pink sheet stocks
clutter up everything--finality is needed.
I did ask my broker if his solution to my problem
was the "final solution" once. A person can only
hold on to what is viable for a certain timeframe.
Life marches on without a pause until cobwebs and skeletons intervene.
Was that Long John Silver seeing a hanging skeleton's toes pointing to the treasure, mate? Keep searching, it is there.
About the only rational reason is tax-loss selling before big brother takes that away from us.
It appears we are finally coming out the back end of this morass and heading in the right direction. Not sure if I'll ever get close to break-even, but since I've previously written off the investment in my mind I just plan to hold and enjoy any journey back up. My secret hope is that the Reddit crowd somehow finds us and takes us for a wild ride.
Good luck to all long-term holders.
Only a fool would sell here.
The latest movements make no sense to me. Who sells at these levels?
"Make Everything Trump Again"?
That will give one pause for reflection.
Someone is always thinking up clever things elsewhere.
I do love the social media but I don't use it directly.
Watching people having withdrawals during service outages is
my only fun hobby--the longer, the better.
Did you see their latest tweet about wanting to change their name... AGAIN???
Thinking about changing our name to Nano Meta...or Meta Magic. Thoughts?@meta #Meta #Metaverse
— Nano Magic (@purplenanomagic) October 29, 2021
Interesting. Schwab still isn’t letting me buy though.
Definitely worth checking out. Latest 10-Q is out.
https://www.otcmarkets.com/filing/html?id=15310710&guid=QDbwk6Q1Uv8cOth
Well maybe the labels being printed with those French language
descriptions won't be offensive. I once worked for a company
whose brand name means "vomit" in French--Gerber.
Which at a later date was purchased by a Swiss company that
invented LSD and owned the Ex-Lax brand too--brand names matter.
Babies erupting on both ends with hallucinations sounds to
be in good company with the holders of this stock IHMO.
https://curvedistribution.com/press-release-curve-nano-magic/
Too bad we can't buy any stock. :)
Yes he did say 40. He also said he had 2 goals when he came on board...
1) Save the company???
2) Help bring jobs to Michigan.
How bout a 3rd... Help his loyal stockholders!!!
Having looked at that some, I would say that more likely than
not those are temporary employees who work through an agency.
And if under contract that could be a more desirable way to
sift out better employees--that is what Nestle did when I worked
for them. He did say 40 didn't he--estimate a revenue steam?
Those racks against the wall don't seem to have much space for
a fork lift to operate. Looks like a prime place for an accident
to happen. I'm glad they appear to be busy.
No. I don't need a job. Did train in Fremont, MI for a few days
though way back when. I wonder if Magic does private label products
for their screen cleaners?
Pumping is a waste of time. I’d rather see real progress. I don’t know if the share price will ever recover, but I do know that the company continues to grow its business.
I sure miss the old days of endless "Pumping."
One of the Classics!
"They are projecting revenue growth to about 80M/year by 2015 according to the newsletter put out by the company. Yes, I am into it strong with over 100K shares....still add here and there."
Remember the days when a 33% jump would be awesome news… as we saw yesterday? I have one account where I saw a 44 cent increase. NMGX to the MOON!!!!
Scramus, thanks for the update. It's good to know there is continuing activity on both sides of their operation. I just can't imagine they are not working on resolving the stock issue through some means, since stock issuance was key to their growth plan. Unless of course the plan is now to take the company private, which would also resolve the stock issue.
FYI--Department of Energy research grant
$200,000.00 Phase I SBIR
Award Start Date (Proposal Award Date):
2021-06-28
Award End Date (Contract End Date):
2022-03-27
Metallic Zirconium Internal Coating of Cladding Tube
Snip
[.. Our proposed approach will be to make an ink or slurry of Zr particles less than 1 micron in size and use it to coat the inside of 316 stainless steel (SS) tubes...]
On a side note, I see whereby the French persuaded the Chinese
to take their nuclear reactor offline for leakage problems.
So the scientists over in Austin still have some employment prospects and
continue to carry on...etc...
And moments later 4,851 shares traded at $0.001
NMGX just traded 6,000 shares at $0.10. I don't see any news. It appears that Ameritrade would allow me to place a SELL order, but not a BUY order.
The SEC screwed them over, based on false allegations….in my opinion of course.
Why is this on the expert market? It looks like they are filing with the SEC. What do they need to do?
If they continue on this path, maybe we will eventually see something positive with respect to getting back to a tradable stock and a decent share price again.
Any comments on the 10-Q? I wonder what the SP would have done with net income being up 200%. A profit??? Been a long time coming. Too bad we stuck around this long to not see any benefit.
I’ve got to give them credit for continually filing these reports. What’s the SEC going to do them if they don’t? They seem determined to press on.
Ok, who sold $15 worth of stock today? Can't wait to see if a Form 4 is filed. All the sales since the price tanked to micro levels have been odd amounts. This one was 15,000 shares even which makes me wonder if it was a planned Buy/Sale.
This is why you should never go all in on any one stock. This one sucks right now, but I have other positions that are doing quite well.
Marrying Quantum Physics to Company Stock Price
In 1959, in his book “There’s Plenty of Room at the Bottom” physicist Richard Feynman discussed the possible manipulation of atoms.
In 1986, K. Eric Drexler proposed the nanoscale assembler which would build a copy of itself.
Nano Magic is about to radically revolutionize the stock market. Blending concepts proposed by Feynman and Drexler, NGMX has reduced the stock price to currently $0.0005. Phase I has now been achieved. Next, Phase II will incorporate the nanoscale assembler bringing forth the copying concept and the price, in an infinite series of repetitions, will multiple itself to unknown monetary heights.
The fundamentals are sound and a HOLD position is advised.
DISCLAIMER: Humor is the best medicine.
This tells me that now would be a terrible time to sell this stock. When you’re at the bottom, there’s no way to go but up.
Form 4 Released today at 4:00 pm. If I read it correctly, it appears that Ron Berman purchased 29,432 warrants with a $1.50 conversion price exercisable now and expiring between 9/2023 and 3/2024 for $27,411. That would imply he paid $0.93/warrant that can be exercised for $1.50, which (to me) says he sees value above $2.43 per share. Any other interpretation of this information?
Scramus, you got me thinking - whatever happened to Zvi Yaniv? I found the following bio. I don't remember any fanfare of him leaving Applied Nanotech in 2014, but it appears he still lives/works in Austin with one of his other nanotech research startups.
https://www.linkedin.com/in/zvi-yaniv-369161
(Sorry, the formatting doesn't copy)
Experience
Advanced Technology Generator (previously Incubator) Graphic
President/CEO/Founder
Advanced Technology Generator (previously Incubator)
Dec 1991 - Present29 years 8 months
Austin, Texas
For more information about Advanced Technology Generator visit www.zviyaniv.com.
Current ATG Partnerships:
PeriphEX (www.periphex.com)
AquaCalor
Nanobubbling, LLC
PeriphEX Corp. Graphic
Chairman Of The Board Of Directors
PeriphEX Corp.
Oct 2017 - Present3 years 10 months
Austin, Texas, United States
Applied Nanotech, Inc. Graphic
President/CEO
Applied Nanotech, Inc.
Jun 1996 - Dec 201418 years 7 months
Austin, Texas, United States
Kent Displays, Inc. | Makers of Boogie Board Graphic
President/CEO/Founder
Kent Displays, Inc. | Makers of Boogie Board
Jan 1993 - Nov 19952 years 11 months
Ohio, United States
OIS Optical Imaging Systems Graphic
President/CEO/Founder
OIS Optical Imaging Systems
Jan 1983 - Nov 19918 years 11 months
Troy, Michigan, United States
Practical Engineering College, Ben Gurion University Graphic
Founder, Vice President, Chair - Electro-optics Department
Practical Engineering College, Ben Gurion University
Sep 1971 - Aug 198211 years
Beersheba, Israel
Education
Kent State UniversityKent State University Graphic
Kent State University
MSc in Physics and PhD in Liquid Crystals
The Hebrew UniversityThe Hebrew University Graphic
The Hebrew University
BSc in Physics and MSc in ElectroOptics
FYI--Esoteric aficionado of the nanotube material
Novel design strategy for GaAs-based solar cell by application of single-walled carbon nanotubes topmost layer
https://www.researchgate.net/publication/340892481_Novel_design_strategy_for_GaAs-based_solar_cell_by_application_of_single-walled_carbon_nanotubes_topmost_layer
In Summary: This is not on a fully optimized solar cell platform.
Can be improved. Eliminates many steps with a simple layer of
single walled nanotubes--also unoptimized.
As long as it remains on the grey market that’s all Schwab will allow BUT if u were to issue a sell they don’t guarantee the closing price. The limitation on buying has been going on with Schwab with grey market stocks since May or June.
It was interesting in seeing a recent post by Scramus about the amendments adopted by the SEC that go into effect on September 28th. It seems like most of the larger brokerage firms have already done this.
I do know about the time I first got the notice from Schwab the price dropped to its dismal price. Probably a coincidence… just not smart enough to tell.
On a brighter side…. It’s up 20% today. Yippee!!!!
According to Schwab, NMGX is only accepting closing orders. So you can sell, but not buy?
It's good to see a discussion about details of the old NMGX, APNT, SIDT, NNPP (did I miss one?) portfolio. It reminds me of the old days when everyone had such high hopes. I've also been noticing that Nano Magic has been ramping up their (free?) advertising using social media. It's nice to see they are at least fighting back.
Regarding our current situation, I don't understand why they are not taking a different path to getting the stock relisted. I'm not smart enough to know the pros and cons, but why not 1) take the company private, then relist the stock, or 2) take the stock public thru a SPAC, or 3) merge the company with a new or shell company and trade under that company's stock instead. I'm sure all of these options take $$$ which may not be readily available, but management that already owns 80+% of the shares can't be happy either where we are today.
Keep posting updates about the business!
Magic is About Redirecting and Obfuscation
I too invested when it was APNT...around October 2013!
Patents by Inventor Parsian Katal Mohseni
METAL ASSISTED CHEMICAL ETCHING TO PRODUCE III-V SEMICONDUCTOR NANOSTRUCTURES
Publication number: 20130280908
Abstract: Methods of metal assisted chemical etching III-V semiconductors are provided.
Type: Application
Filed: March 15, 2013
Publication date: October 24, 2013
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