Nano Magic Inc. (NMGX)

[callmeacab]

This company has always been about potential ... from LED Monitors before we all had them in our homes, to metallic inks and 3D printing, and now nanotech solutions to help our daily lives. The potential has always been great, but as I have pointed out in previous posts, management has been unable to monetize that potential. Yet, the company still exists after 25 years whereas 99% of the small companies with potential during that time are now gone. But to get to the next level that we all hope for the company has to show us "the money".

I've owned their stock for 25 years because of the potential. Now they have to show us the sales. When they do, the stock will respond exponentially, Until then, I think we languish in the $1 range because of the concentrated ownership. That is why I've been looking through their financials for even a hint of new sales beyond their optical products (which is keeping them alive). With their extensive patent portfolio and their new, new, new management (we've gone through several new CEOs that were going to save the company each time, although the Bermans have been the only constant), I am still very hopeful and acting accordingly. I'll celebrate with everyone here when that day comes, which is hopefully very soon.