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I would be peaching to the choir.
Indisputable intelligence garnered
This verified information has been received from “they said,” and comes from a vetted and reliable key figure in the inquiry. It seems that top officials have not been completely straightforward in the matter and less than candid as once thought. This is somewhat disconcerting and perplexing.
“They,” also said that if everything is resolved in a timely fashion that “they,” would have no qualms in moving forward. The only existing question that “they” brood over is what the outcome will illuminate.
I trust these facts will buttress and strengthen recent high-level discussions in this forum.
This is the type of information I was alluding to. Substantive information that increases our knowledge and not worthless tripe. Freedom of speech is fine and is a great forum on Facebook. But, when you have "skin" in the game you want information you can use to make decisions.
Reality is Reality and Tacit Approval is Real
Interspersed among the Corona Posts there are posts reading: I am buying all I can get. This is going to be a billion dollar company. Some idiot is selling. Getting in on the ground floor. What until the public finds out. This could explode on volume. Insiders are buying.
# 3238
Yes indeed. In fact I shared that patent on Post 3227. PEN Inc. definitely has a patented product that is effective on a Corona type virus. I'm trying to find any public information that shows they are either testing, producing, or selling such a product. Possibly they need to test the product on the COVID-19 strain before marketing? Just guessing right now, but again, I'm trying to find some mention in their last 10-Q that they are moving forward.
# 3236
Have you reviewed the Coronavirus killing disinfectant spray patent they got late in 2019?
# 3227
I was reading through some of the PEN Inc. patents and came across the following reference that shows their disinfectant spray is 99.99% effective a particular Human Corona Virus. Of course, the big question is whether they are commercializing the product. We're one announcement away from a meteoric rise, although I'll be the first to say there have been a number of high expectation products in their portfolio that never materialized. We can certainly hope this time is different!
https://patents.justia.com/patent/9615572
# 3215
Italian man trapped with dead sister in coronavirus shutdown. Italy should start using our product against coronavirus. China has used it.
# 3213
Ready for the updates here, 700k float, 2 huge execs added, coronavirus disinfectant patent, uplist, and updates coming shortly!
# 3209
World Health Organization declares the coronavirus outbreak a global pandemic. And we (PENC) got something to help the World to reduce the outbreak. I'm surprise this is not moving up much higher.
# 3202
Patience is a virtue, but sure would be nice to hear something about their patented disinfectant that could be used in all kinds of ways to help fight this coronavirus outbreak.
# 3195
Tick tock boys, we will see some action this week. Coronavirus tickers are going to go nuts, and this company obviously has the patent and has ordered the supplies to mass produce their disinfectant. Lysol at all my local big chain stores is being limited to 2 per customer and I am nowhere near any of the danger areas. This is about to go wild.
# 3121
BTW that newest contract with the Navy also occurred in October.. on 10/21/2019.
-Coronavirus disinfectant patent 10/15/2019
-Bulk shipments of trigger sprayers initiated on 10/18/2019
-US Navy contract on 10/21/2019
-2 Huge Execs added on 2/14/2020, Todd Lunsford and Leandro Vera
-Uplist to OTCQB on 2/14/2020
-Heavy Insider buying throughout.
# 3107
Yes. Coronavirus aspect is only a small piece of what is going on.
Look at this board of directors! Wow!
# 3105
Folks, I don’t think PEN is just about the Corona Virus patent. Stick around more more exciting news. IMO
# 3102
If they drop a CoronaVirus PR, this flys past $15 easy.
# 3099
Imagine if 1/100th of the volume from any other CoronaVirus play came here.
# 3081
The masses still haven't found this CoronaVirus play yet.
Wait until the do.
# 3075
Wow, this could get crazy. With the connections here and the Coronavirus disinfectant, we could be seeing $10+ soon. 700k float.
# 3067
CoronaVirus play too. MUST READ>>
https://twitter.com/holdingprofits/status/1233932858214895616?s=19
# 3064
Yes Dream, the coronavirus angle is very good, but Todd and Leo joining indicate something HUGE is in the works
# 3046
Their recent CoronaVirus spray patent approval was perfect timing in October 2019.
Would love to see an update on the product shipments they sent later last year.
Guess we'll get more info. in the 10K this month at least.
Gotta love the SS here. The PPS action could get very exciting any time now.
# 3045
Wow. Thanks! PENC’s Coronavirus product sounds to fit NYC needs in this very way.
Post #3723 answered my Questions.
Temporary trading suspensions are “a powerful tool for alerting investors and the investing public about questions the Commission has raised regarding the issuer or its securities.”
I do like the reasoning!
T4... is the moderator and displayed that 2015 statement about Corona Virus
for quite sometime on this Board. It got my attention.
Thank you, Lucky. I find your insights very informative and smart.
I know the 6th Amendment has no play here, but a company should be presented with the evidence of violation. It will not impact existing evidence! Why the cloak-and- dagger?
Questions ?
When will SEC present NMGX with the violation evidence?
Why isn’t a Suspension an Enforcement? The SEC is compelling NMGX to behave in a certain way, which is the definition of enforcement.
Where is Dan Gilbert in all of this with his great wealth & power?
How does an SEC attorney, who joined in 2016, wield so much power?
I totally agree with your statement. I got in for the nanotechnology and the Company’s impressive patents. I will be IN when the “new” phoenix rises.
Where have all the Gurus Gone?
Where have all the Gurus gone. Gone to New boards everyone. When will they ever stop; when will they ever stop.
“SEC jumped the gun here there will be a reversal”
“The company made no false statements nor pump.”
“These guys are as clean as it gets….”
“You guys seem to not understand Todd Lunsford, Howard Westerman, Tom Berman, Ronald Berman, Leo Vera are board members/execs. That is a stellar team to invest in…”
“There’s about a 1000% chance none of the posters mentioned are insiders”
“The goons at the SEC should be suspended for incompetence”
“Holding the company responsible for individual investors excitement over new found DD. What a joke lmao.”
“Appears the SEC missed their deadline and if I read the most recent order correctly , that basically gives NMGX the win”
Well stated! I am impressed.
All shareholders are aware when company's 10-K is out.
I think you should post what your takeaway is from all this information.
Always glad to read factual information rather than just tripe and trivial nonsense.
I will side with Lucky, I think he is very savvy in these matters.
Your previous Posts have been very accurate.
No more complaints about “Market Makers” or “SEC”
NMGX is now assigned to the Grey Market:
- No recent bid or ask quotes are available because no market makers share data or quote such stocks.
- No SEC registration and little SEC regulation.
- These penny stocks, similar to Pink Sheets, are not required to file SEC (Securities and Exchange Commission) financial and business reports.
- The lack of information (bids, history, financial reports) alone causes most investors to be very skeptical of Gray Sheets and avoid them altogether. Grey sheets trading is rarely made by Investors.
The bright side is the SEC and Money Makers are gone.
I'd still like to know who paid Marketwired to run that story.
You Keep LYAO, but
This board has used that very same 2015 statement for years as an introduction, but now you LYAO like you never heard of it. Interesting!
It was a statement that got my attention when I found this Board. Human Corona virus 229E is killed in 10 seconds by Halo. But, today, 2020, that statement
has disappeared, I just looked. I guess someone didn’t want the 2015 association anymore
.
Too bad the Company has to deal with this sideshow chicanery that distracts from their important research. Chicanery that got the SEC involved.
Wonder if this post will be allowed?
NMGX Response to Securities Trading Suspension
“The Company at no time and in no medium has communicated or published information claiming that “the Company has a patent for a disinfectant that kills ‘coronavirus.’”The Company has no knowledge of the source of such information entering the marketplace.The Company’s practice is to cooperate with non-public inquiries conducted by regulators.”
Okay, then who paid for this advertisement:
DEERFIELD BEACH, FL--(Marketwired - September 10, 2015) - PEN Inc. (PENC) ("PEN" or "the Company")
“Independent tests executed by qualified antimicrobial test laboratories (modified ASTM E1053) against a surrogate of the MERS virus called Human Corona Virus 229E found that the HALO product safely kills the virus within 10 minutes of contact time.”
Marketwired is owned by West Corporation.
Online press release and content distribution. Social media monitoring and research.
If Pen Inc., paid for the Advertisement?
Well! I guess that settles it.
SEC is acting on Probable Cause.
A reasonable amount of suspicion, supported by circumstances sufficiently strong to justify a prudent and cautious person to belief certain facts are probably true.
Nano Magic’s silence is unsettling. They should attempt to allay stockholder fears. They need not get into any details of the investigation, but at least afford us some communication.
PR at the Beginning of THIS BOARD
Marketwired 2015 Halo kills Human Corona Virus 229E in 10 seconds
Maybe Ms. Rickert can answer your question.
Jeanne.Rickert@nanomagic.com
I am certain these folks have your answer
U.S. SECURITIES AND EXCHANGE COMMISSION
100 F Street NE, Washington, DC 20549
(202) 551-2000
Here is the drum they subtlety beat:
“Independent tests executed by qualified antimicrobial laboratories…..found that the HALO product safely kills the virus within 10 minutes of contact time. “
NMGX does not pump!
They simply allow that bit about Human Corona Virus 229E to show up constantly in their literature to lure investors.
Corona + Virus are the two "Magic" words.
SEC Suspension Case
A fictitious example of how reasonable people look at NMGX advertising.
Interviewer: Do you know what the Human Corona Virus 229E is?
Person on the Street: Heck ya man, it’s the virus that killin’ tons of people
around the World.
EOD (End of Discussion)
You are so right. The numbers keep going up!
3,529,408 Global cases
1,194,145 United States cases
Lesson-learn for Pen Inc.
This is how you parlay your product using a sensible, intelligent, and legitimate strategy:
Abbott Laboratories won U.S. Food and Drug Administration approval for its molecular test for the Coronavirus strain COVID-19, which the company says can deliver “positive results in as little as five minutes and negative results in 13 minutes.”
The FDA awarded “emergency use authorization” to Abbott’s ID NOW COVID-19 test.
Razzle-dazzle and “magic” has no place in a pandemic.
Maybe, Pen Inc., rolled out the Welcome mat to a Trojan Horse?
Superficial Thinking and Disastrous Marketing
SEC questions relate to “publicly available information” including: “(a) information in the marketplace claiming that the company has a patent for a disinfectant that kills “coronavirus”; and (b) a statement made by NMGX on April 7, 2020 regarding the Company’s involvement in the fight gainst COVID-19.”
In a press release published on April 7, Chief Executive Tom Berman said the company was "eager to join the Covid-19 fight." Berman said: "We have accelerated the development and commercialization efforts of our household cleaning and protectant solutions in order to help create a cleaner and safer world".
So, he has joined the fight and is commercializing cleaning and protectant solutions to create a clean and safer world. How much do you verbally dance the edge with rhetoric designed to entice while people are in panic mode and the government has to tell them not to ingest or inject cleaning solution.
Who, with what we call a normal thinking mind, would even in the slightest suggest
they have a formidable antimicrobial pesticide in response to the coronavirus pandemic, if they were not 100% sure. A Virus that has, SO FAR, killed 3,446,291 people globally and 1,158,536 in the United States.
Also consider you are in competition with the likes of: Kimberly-Clark, GlaxoSmithKline, Gilead Sciences, Novavax, Inovio Pharmaceuticals, AbbVie, Regeneron Pharmaceuticals, Steris, Co-Diagnostics, to name just a very few.
Now, given the current state-of-affairs, if someone should claim to have a cure for the common cold the SEC would not give them a second glance. BUT, of all the ailments out there to capriciously consider you pick the Corona Virus without making 9999999999% sure of the scientific validity. Well,” come on down” SEC.
Solution to NMGX SEC suspension
Tom Berman contacts SEC & FOX News and sets up a laboratory trial.
Berman brings a can of NanoMagic Solution and demonstrates how the
product completely (100%) annihilates the Corona Virus. Case closed.
NMGX goes to $30.00 a share overnight.
If it fails, Berman is placed in handcuffs and taken away.
“Do go gentle with the good fight.”
Nano Pure claimed their sanitizer, once applied to the hands, lasted 24 hours. A Dr. Anne tested the product in her home. In one test she applied it to the hands of her son and then he went to play laser tag. When he came home Dr. Anne tested his hands and the application proved ineffective.
One such errant action by a company could prove fatal.
Bird-in-hand is better than a wish-in-hand.
I am shareholder (have been since APNT) and strongly believe the Company has a great deal of Potential. Since they went public and asked for people to believe in their products and vision by investing money, I think we should be holding their feet-to-the-fire.
I believe they have a fiduciary type responsibility to carry out their business in a way that is financially beneficial to the investors. I don’t feel we should have to hope upon hope they do the right thing or get their act together.
While waiting for the NMGX TV commercials...
I just thought I would regurgitate some of the unperceptive comments I get tired of seeing.
I’m excited too, this team is going to kill it, love the rebranding and new management in place.
The more I research this company, the more excited I get!
I took advantage of this dip and added to my position. Bring on the good news.
With the team in place here, I strongly believe huge things are coming, and huge deals are already in place for distribution.
Nice PR!
Here’s hoping that Nano Magic turns out to be my next big winner!
They didn’t change the name for no reason. Good things are happening.
I think we’re going to see this company grow by leaps and bounds. Those who are invested should be rewarded handsomely.
What NMGX, AKA PENC & APNT Needs To Do
Take the money they are giving a couple of empty suits along with
whatever BJ_Cooper and T4KingOff get for Pumping and invest in some
national TV advertising. Get a couple celebs wiping down the kitchen
counter with their cleaning products.
Tale of the Financials
Why spend big money on lawyers, administrators, clerks and paperwork changing from APNT to PENC, to NMGX when your financials are in the toilet and investors with money just look at a companies financials to predict a plausible future.
For example, NMGX sales are at -48.5. Asset turnover 1.74 and
Inventory turnover 2.91% You ain't gettin' the time of day from a knowledgeable investor, so forget about a Billionaire with 35 accountants.
As President Trump would say, Not good, not good. Very bad!
T4KingOff, - $1.22 - It is time for your billionaires to come out of hiding and step up to the plate.
So you don't think T4KingOff subtle suggestion of BILLIONAIRES looking at PENC is not indicative of trying to entice investors to buy?
What is the low price at which you will buy tons more of the SOB?