Nano Magic Inc. (NMGX)

[callmeacab]

Given everything that has happened, what would stop the Berman family et al from taking the company private at a reasonable price to current shareholders, then issuing new shares at some point in the future? The management and current business structure are all unaffected, only the current stock has been delisted. Since the Bermans own 70-something percent of the company already, they would mostly be paying themselves to go private. I understand most public companies need to occasionally issue stock to fund current operations, but I'm thinking that's not critical for Nano Magic in the short-term. Maybe I'm looking at this too simplistically, but what do others think?