Nano Magic Inc. (NMGX)

[Scramus]

There is so much to still be determined yet, that most smart fellows
would be reluctant to wade the water with a thought.
No claim to smartness ever I do confess. However, the goal always was to keep the doors open in Austin.

The structure looks to be a way to cost save by creating an independant private entity that no longer has the onerous reporting requirements of a public company in my opinion. Also gives control to any potential hiring prospects to the distant research branch and keeps the principle employees interested for a while longer. If there are some trade secrets simmering under the financial restraints of the current situation, the patents fillings will be the tell as the new owners could have major dibbs on those too.
Whatever this deal is needs further clarification in my estimate.
The old saw about keeping manufacturing separate from the research branch comes to mind. My bird binoculars will be on watch at the Austin parking lot in the near future. Time will tell, or so I've been told. Maybe Zvi Yaniv will walk into the doors again so as to add another page to his autobiography. Who knows?