Nano Magic Inc. (NMGX)

[wannabeeriche]

Stock Primer for Dummies.

Applied Nanotechnology means: Technology that is actually implemented (put into use) to produce an actual product.

Nano Magic Technology means: Something, that many naïve people believe, that is false. The microscopic moving or changing things as if by magic.

I just love magic. But, when it comes to money I like the “applied” sciences. I financially entered the “applied” door, and once in, they changed it to the “magic” door.

Item 3.02 Unregistered Sales of Equity Securities

On August 12, 2020, Nano Magic Inc. sold to Magic Growth, LLC 461,539 shares of common stock for proceeds of $576,924 and warrants to purchase up to 461,525 shares of common stock for proceeds of $23,076. The warrants are exercisable at any time during the four years after date of issue at a warrant exercise price of $2.00 per share. The stock and warrants were sold in a private placement exempt from registration under Section 4(a)(2) of the Securities Act of 1933, as amended.

I have a suggestion for the next company name, “Secret Nano Magic Technology”