Wednesday, April 01, 2020 8:19:39 AM
So where are we - We know there is a product patent and a demonstrated product at least at the research / laboratory level. We have to "hope" they are working diligently to scale up the product into a marketable product. A gallon of it in a lab flask is nice, but not useful. Scaling up the manufacturing of any product is not trivial, plus it has to be packaged properly for its intended use, and then it has to be marketed to the appropriate parties. I'm speculating this is why we have not seen it yet.
It would be very telling if Nano Magic is hiring some sales personnel - then we would know we are close. Or maybe they are negotiating a distribution agreement with a major company (think Clorox or J&J) to avoid all the sales and marketing costs???
Or maybe I've just been watching too much Shark Tank, but it's fun to think about the possibilities.
Recent NMGX News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/19/2024 09:29:28 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 02/07/2024 11:03:13 AM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/07/2023 05:26:17 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 10/24/2023 06:50:47 PM
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