Nano Magic Inc (QB) (NMGX) 銘柄情報

I’ve been holding for about five years. The SEC screwed over the company and shareholders, based on false accusations.
Maybe our time to shine is on the horizon.

Nice to see the company start trading again.

United States Antimony Co. is a corporation claimant based in Thompson Falls, Montana for 212 closed claims. I don’t understand the closed claim description.

Antimony is a strategic metal used to harden lead in ordnance. I think this is prime time for the Company's product with skirmishes in the Ukraine and now Israel. The next location will be either Tawain or Iran. In 2019, the U.S. was seeking to sever its reliance on China for Antimony and awarded UAMY a DOD contract. This should be boom a time for the stock.

https://www.otcmarkets.com/otcapi/company/financial-report/374905/content

Moving on up! (Not sure why though)

The intresting part of the latest 10-Q issued was how NMGX made around 30K off their 30% of ANI for the 1st 3 months. Pretty dang sad and funny how this management team let that technology drown for many years.

I agree!!!
That’s the company I put my money in yrs ago, not a screen wipe company. Still bizarre how the Bermans just ignored ANI technology. I just don’t get. It. BUT I’m pleased with the recent SP movement. Don’t really understand it especially after last report of how bad they r losing money.

Much better revenue stream at ANI per SBIR contracts now.
Haven't had that much of a cash flow in about 8 years--look for the associated website graph. No link. Think of the money saved by not issuing PR statements as practiced by the Mark Eller business model. Much easier filing and record keeping requirements going forward by being semi-private too now.
The following has been listed for a while now:
Metallic Zirconium Internal Coating of Cladding Tube
$1,150,000.00
[Snip]
"..In Phase II we will demonstrate a coating that will provide a diffusion barrier to FCCI. The goal will not be to block 100% of the lanthanide diffusion, but to demonstrate at significantly lower diffusion with the barrier as opposed diffusion with no barrier present at 600°C tested for 4-6 weeks in a diffusion couple experiment. Molten sodium and lead corrosion studies will also be conducted. This technology will be used in next generation nuclear reactors. The public will benefit from increased life of the fuel assembly and greater up-time and efficiency of the power reactor,.."
Plus a couple of minor grants also. More viable than the "Magic" business as an ongoing entity in my opinion. Keeping the doors open in Texas was always the plan.
I have nostalgic thoughts about Zvi saying "hallelujah" during online live business discussions.
Anyone else?

The filing shows that 70% of ANI was sold to two officers for $450,000. I didn't go back to look for details but I guess the two officers may have the last name Berman. All the current activity appears to be with the lens coating/cleaning part of NMGX, so the ANI portion may be mostly inactive. Yes, very unfortunate for all the old-timers in the group.

At least regaining market status and the activity over the past week is a positive. Still have some remaining shares since it had been impossible to dispose of them, so I continue to have a small interest in current activities. Good luck to all.

Callmeacabs post from September sure looks like it was directors ..
I havent dug into filings...
We got hosed Tommy .. we got hosed ..

Those weren't directors receiving 70% ownership.

Wow ... Just checked in ..
And really in disbelief ...
70% of ANI ( applied nanotech APNT .. nano proprietary NNPP.. si diamond tech .. SIDT.. etc ... sold for $500k back to directors .. sheeesh
Anyone who was here the morning of Sept 11 2001 would find that a unreal figure .....
The full circle moment for me today is remembering Zvi Yaniv used to promote Samsung as the "good guy" in the Arena ..
But with Fridays big Court loss to NLST .
Samsung has only solidified they are thiefs as well ..
Mighta took 20+ years of hard knocks in the market similar to sept 11 2001 But the Bartnda from Raging Bull finally picked a winner in NLST ...
I still have a few of the reverse split NMGX shares here ..
good to see it might be trading again..
Will put back on watch lists and look for opportunities but if the screen technology is dead my interest will be strictly a momo trade ..
the luv is gone ...

Looks to be more positive going forward than not.
Per the content of your post:
[Snip]
"The biggest win of 2023 so far is the recent program secured with Walmart. Nano Magic will be launching Nano Magic-branded lens cleaning and anti-fog solutions into over 3,000 Walmart Optical locations nationwide with a planned roll out starting in September. “Having our brand on the shelves in Walmart Optical,” Berman noted, “will give the Nano Magic brand a significant boost in visibility and accessibility, allowing more customers to experience the quality and effectiveness of our lens cleaning and anti-fog solutions.” ..."

A message from the CEO. I was surprised it took this long to respond. Pretty big deal to finally be trading again.
https://www.otcmarkets.com/filing/html?id=16576228&guid=0fm-knRCUJfOh3h

Got CE removed.

CE OFF???

I was just reading the last 10-Q (2nd Qtr 22) and came across this note. There goes the last remnant of what this company could have been and the only reason that I have held onto my remaining share. After 35 years, I think it's time to say "It's Over for Good"

NOTE 2 – DISCONTINUED OPERATIONS

Effective May 31, 2022, we sold a 70% interest in our subsidiary ANI to two of its officers and long-term employees in exchange for a promissory note in the face amount of $450,000. The note bears interest at 7% and has semi-annual payments of principal initially in the amount of $20,000, increasing to $25,000 in May 2024 and to $30,000 in May 2026, with a final balloon payment of $80,000 due on December 31, 2029. The note is secured by a stock pledge, described below. In conjunction with the sale, we recognized a one-time gain of $1,148,225.

In connection with the sale, the capital structure of Applied Nanotech was changed to give us, as the holder of Class B common stock of Applied Nanotech, a 30% economic interest, certain information rights, special consent rights, and tag-along rights, as well as the obligation to sell our stock under certain circumstances if other stockholders are selling. The Class A stock acquired by the buyers was pledged to secure the promissory note given in payment of the purchase price.

Makes no difference anymore. I dumped this bullshit and moved on.

Joe Biden declares pandemic now officially over on 60 minutes.

Wait. Wait. Do over. No clear sailing from the clutches of the SEC. Shucks.
Well at least I see whereby our products are now on the shelves in Walmart(Canada).
I'm pretty certain that there is more need for anti-fog products in that region.
Must be one of those it is not what you know but who you know commercial
retailing events in my limited arm chair assessment.

https://compliance-sec.com/secfilings/ixbrl_assets/ixbrl_view.html?company=penc&date=08-22-2022&accession_number=000149315222023706&file=form10-q.htm

Regarding last post... The other information that is humerous to me is the Writ was denied a few months ago becuase 2 1/2 years is not an unreasonable amount of time for the SEC to rule. But in a few seconds they can make a ruling against a company. What a messed up world. Sorry just venting.

Anyone find this of interest?

A glimmer of hope ,,, Last few lines regarding the SEC making a decision within months??? They can rule against them within hours and take 2 1/2 years to review the infomration they orginally made regardiing the suspension. HAHA

United States Court of Appeals
FOR THE DISTRICT OF COLUMBIA CIRCUIT
____________
No. 22-1021 September Term, 2021
SEC-Rel34-88789
Filed On: June 29, 2022
In re: Nano Magic Holdings, Inc.,
Petitioner
BEFORE: Henderson, Wilkins, and Katsas, Circuit Judges
O R D E R Upon consideration of the petition for writ of mandamus, the opposition thereto, and the reply, it is ORDERED that the petition for writ of mandamus be dismissed as moot in part and denied in part. Insofar as petitioner seeks a writ of mandamus compelling the Securities and Exchange Commission (“SEC”) to resolve its motion to compel, the petition is moot. See In re Nano Magic Inc., Release No. 94818, 2022 WL 1288188 (Apr. 28, 2022) (denying motion to compel). Insofar as petitioner seeks a writ of mandamus compelling the SEC to rule on petitioner’s petition to terminate the trading suspension, the petition is denied. Petitioner has not shown that the SEC’s delay at this time is so egregious or unreasonable as to warrant the extraordinary remedy of mandamus. See, e.g., Telecomm. Research and Action Ctr. v. FCC, 750 F.2d 70, 79-80 (D.C. Cir. 1984). In addition, the SEC has indicated that it has made significant progress towards a decision on the petition to terminate and expects to issue a decision n the coming months. The denial is without prejudice to refiling in the event of significant additional delay. Pursuant to D.C. Circuit Rule 36, this disposition will not be published.
Per Curiam

Volume?

Newly listed SBIR descriptive contract that appears to have been announced earlier.
"Approved for Public Release | 22-MDA-11102 (22 Mar 22)"
Manufacturability Study for Flexible Printed RF Elements
[Snip]
Amount:
$1,484,428.00
[Snip]

"Significant effort has been expended into the advancement of flexible, additively manufactured (AM) electronic systems. Less well studied are the effects of additively manufactured RF elements such as antennas, waveguides, and their required interconnects. Primarily, with respect to AM RF elements there is insufficient engineering data to rationally choose the ink materials and substrates and corresponding AM production process to predict the resulting RF and thermal system performance. There is an unmet need for the characterization of the RF performance of additively manufactured antennas and wave guides using additively produced conductors on various flexible substrate types and an unmet need for known-good antenna using only non-destructive characterization. ...."

https://www.sbir.gov/sbirsearch/detail/2237399

Unless I'm missing something, it doesn't seem like NMGX made the Open Call vendor list but it seems that Walmart is allowing them along with several other vendors to sell online through Walmart. Not surprisingly though nothing has been said from the company. I did see through an online video were this company made the Walmart approved list. https://z-clear.com/ and their product doesn't even need NANO TECHNOLOGY. :)

Maybe there is hope though they've been trying to get this right for 45 years. We just need to wait on NMGX awhile longer. :(

"Z Clear is a family-owned company and has been operating for over 45 years. Davids’ grandson, Chris Ward, continues his legacy in Ogden, Utah by improving the design of manufacturing, distribution, marketing and the best anti-fog and eyeglass lens cleaner solution available. Made by hand and in small batches, Z Clear is reinventing the way an eyeglass lens cleaner can be used. Each jar and bottle contain strong anti-fog properties, scratch-filler effects and non-alcohol soap for killing germs and bacteria – making it the best all-around anti-fog and eyeglass lens cleaner solution you can find."

My take... This is a tough sector to be in (which we all new) and the outlook looks bleak. Hopefully Mr. Fink can give spark to the APNT line of technology and patents and something new and fresh will come from this, otherwise besides the stock delisting the Berman crew has steered this ship into a reef.

Ha…. More like 1%… Walmart will probably ask Tom a question he can’t answer correctly. Still would love to know what he could have said to the SEC for them to halt trading.

"Walmart Open Call Frequently Asked Questions"

Pretty detailed web page for those unfamiliar: Range me Success Center
https://help.rangeme.com/hc/en-us/articles/360020205373-Walmart-Open-Call-Frequently-Asked-Questions-


"March 14th: Submissions open

April 8th: Deadline to submit. Depending on the number of responses, the application process may close early so do not delay with application submission.

May 23rd: Suppliers are notified regarding their Open Call submission status

June 20th: If submission is approved, suppliers are notified of meeting time and location
.
June 28th and 29th: Open Call event days "

2% chance of success, I believe.

Open to comments and all other observations.

New WalMart Pitch Video per twitter
about 4 hour old now:
https://twitter.com/purplenanomagic
My former employer would not allow a fork lift to be used
with a device like that. Hydraulic system can fail, or mechanically
fail, or damaged in any form while lifting high can lead to a spectacular
crash. I did that once. And a driver was required to make eye
contact with everyone around them at all times, turn off key when approached,
and wear a seat belt. I don't see one. Need high visibility safety vests also.
Shoes need steel or composite toes--OHSA rules ya know. Bump caps, please.

Kudos to the Scientists!

NANO MAGIC LAUNCHES FORCE FIELD(R) WINDSHIELD PROTECTION WITH DONATION TO LOCAL COMMUNITY FIRST RESPONDER VEHICLES.

Nano Magic applied its Force Field Windshield Protection solution to every first responder vehicle in Madison Heights, Michigan -- a total of 45 police, fire, and EMS vehicles.

How did we just move up .05?

FYI--Minor SBIR grant
$200,000 Phrase 1 Listed under 33b High Energy Physics Electronics
Topic Title: Printed Indium Ink For High-Density Chip Interconnects
Single line description on a spread sheet maybe as follows:
3D printable Indium Ink that will be robust and not cause distortion etc...
No award date or completion date indicated that I see.
And the local Texas congressman including others mentioning awards in their districts has a line or two about this company in the press release that links to the awards page.

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?

Can one of you smart guys please make some sense of the latest 8k and form 4 filings for me?

Selling 70% of stock to APNT to Rich and Jacque? They seem to throw this stock around like it’s worth something.

As always I appreciate the comments.

Great post!

Let me try!

I too read and tried to keep abreast of new technology and now realize the error of my reasoning.

No, this is not a comedy this is the new normal. What you think is the right way of doing or saying something is actually the opposite now. It is all quite logical if you can channel your thinking into the crazy woke realm.

Example: The President of our country tells the Naval Academy cadets that he had a chance to attend the Academy in 1965, but opted out because he would play second fiddle in football to Roger Staubach. The reality is Biden graduated from Delaware University in 1965. Roger graduated from the Academy in June 1965. Biden didn’t play football in college. Biden’s grades were too bad to get into the Naval Academy. Does this make any sense? NO, but nobody seems to care. Crazy, right! What do World leaders think? How does Biden remain in office?

Children in the United State are currently lacking in basic education and our educational experts think the critical curriculum in our schools should be focused on identifying a child as a he, she, it, they, them, those, or whatchamacallits.

So you see APNT, NMGX, PEN, may have been way, way ahead of their time and at the vanguard of the You Ain’t Gonna Believe What We Do Next Movement.

This is quite comical, let me try and get this straight... if my memory serves me correctly I invest in a company years ago that was at the initial phase of the NANO REVOLUTION!!!. It initially had high resolution lighting for billboards that eventually a patent was lost to Sony. BUT other products were just a few years away... 2016 was supposed to be the year of the NANO boom!!!. But a lot of patents and a lot of government contracts with no real big hit on BUT a ton of possibilities. BUT WAIT... Then the company gets bought out by this NANO OPTI company and my investment goes with this Opti company that I could really care less about their products but surely they have something in store by partnering up with APNT. NOT REALLY... they concentrated on their own OPTI products and in the middle of a PANDAMIC when asked a few simple questions about their products by the SEC, they couldn't answer them correctly so my (our) investment goes worthless. AND now to top it all off they want to give the technology back that I originally invested in to Mr. Fink and others and my investment (worthless as it may be) stays with this ill run institution? I wished I could afford an attorney ... you just really can't make this stuff up!!!!

As one time an interested investor could read a science journal magazine
and guess the direction of Mr. Zvi's research projects per Applied Nanotech.
The goal was always to keep the doors open in Texas, etc...
I've always thought that Mr. Fink is more pragmatically all around capable and
capable of a springing a surprise with one particular patent that I won't mention.
After what the company went through with Canon, it was an admirable piece of
patent filing in my opinion. Likened to firing a shot across the bow so to speak.

I don't follow nearly as much as previously on technology topics. But just looking
at the contract research SBIR topics, there is either the typical dead end stuff or
something potentially is simmering under the surface--forgive my hype--that requires
more that typical patent filing stuff--trade secrets?. At least the players will have a direct interest
in all new filings. Wait and see. I could be wrong.
Yes. I sent Mr. Fink a research topic link once this year.
https://www.ans.org/news/article-3574/shadow-corrosion-is-reproduced-in-university-of-michigan-lab/
He thanked me.

Maybe this isn’t not such a bad thing..

Press Release: Nanotech Divergence

"NANO MAGIC SELLS MAJORITY INTEREST IN APPLIED NANOTECH TO EMPLOYEES AND ELECTS DAVID SHERBIN TO BOARD
MADISON HEIGHTS, Mich., May 27, 2022 (GLOBE NEWSWIRE) -- Nano Magic Holdings, Inc. (OTCMKT: NMGX) (“Nano Magic” or the “Company”), a leader in nanotechnology-powered cleaning, protection and anti-fog solutions announced that effective at the end of the month it is selling a majority interest in Applied Nanotech, Inc. (“Applied Nanotech”) to the employees of that subsidiary..."

https://www.globenewswire.com/news-release/2022/05/27/2452119/0/en/NANO-MAGIC-SELLS-MAJORITY-INTEREST-IN-APPLIED-NANOTECH-TO-EMPLOYEES-AND-ELECTS-DAVID-SHERBIN-TO-BOARD.html

FYI--SEC taken down a peg.
Subject to en banc review and other appeal procedures maybe.
https://www.ca5.uscourts.gov/opinions/pub/20/20-61007-CV0.pdf

I see this company after spending amounts to hire people to ramp up
production is adjusting to lower market demand. And promissory notes
are being issued to proverbially kick the can down the road again.
Talking about scrapping the bottom of the barrel--rinse, wash, repeat.
Things are beginning to converge in ways I don't understand and I would
rather watch glaciers melt than consider my investments here.
Maybe I should consider taking my bird binoculars to a location near the
Michigan facility to count the vehicles in the parking lot for a personal assessment.
Or at least stand near that nearby charging station with a squeegee and a
card board sign--inscribed "Did nanotech, need help".
Otherwise I am amazed by Tom Berman's persistence. There may be a limit
though in my time line estimation. Keeps pumping money into this saga for now.

I'm also there. I've always held out hope, but after this report I don't even see a flicker. I guess the bigger the potential, the bigger the disappointment. Well, it's been nice to be part of the board discussion. All the best (elsewhere) to everyone.

I now admit that this investment has been a disaster.

This brings back embarrassing memories of unrestrained excitement of investing in the NANO revolution.

Have I Wasted All These Years? Don’t Answer!

AUSTIN, TX and VALLEY VIEW, OH--(Marketwired - Mar 11, 2014) - Applied Nanotech Holdings, Inc. (OTCQB: APNT) (Applied Nanotech), a global leader in nanotechnology research and development, and NanoHolding Inc., the parent company of Nanofilm, Ltd. (Nanofilm), a private company with a leading market position for specialty optical coatings, cleaners and nano-composite products, today jointly announced that their respective Boards of Directors have approved an agreement and plan of merger and exchange. Under terms of the agreement, a new company named PEN Inc (PEN) will be created. Upon completion of the merger, current Applied Nanotech stockholders and holders of certain debt convertible into Applied Nanotech's common stock are expected to own approximately 38% of PEN's outstanding common stock, and owners of Nanofilm are expected to receive approximately 62% of PEN's outstanding common stock. Scott Rickert, Ph.D., the chief executive officer of Nanofilm, will become the chairman and chief executive officer of PEN.

Based on 2013 pro forma historical financial statements of Applied Nanotech and Nanofilm, assuming the merger had occurred at the beginning of 2013, PEN would have had 2013 revenues exceeding $13 million. Projected 2014 revenues of PEN are anticipated to be greater than 2013 pro forma revenues, generating positive operating income, not including transaction expenses.

This transaction will combine the technology portfolios of Applied Nanotech and Nanofilm, to be catalyzed by Nanofilm's experience in consumer and industrial product commercialization for worldwide markets, thus enhancing PEN's ability to gain greater value from its intellectual property. PEN was created to build a platform for a higher rate of expected revenue growth based on increased capabilities in intellectual property, key personnel, development facilities, operating facilities and customer relations to aggressively pursue product commercialization. PEN anticipates future acquisitions of companies that have strong intellectual property but are in need of commercialization expertise, as well as companies whose products can be advanced by PEN's technologies.

"PEN offers an exciting opportunity for Applied Nanotech and Nanofilm shareholders to share in the growth of the combined company," said Dr. Rickert. "Customers and consumers will be served by new products that incorporate nanotechnology, the science of small, to accomplish big breakthroughs. The name PEN is derived from 'products enabled by nanotechnology.' I am ready to show how a disciplined business approach can transform scientific innovation and bring next-generation products to the worldwide marketplace."

Scott Rickert, an early nanotechnology entrepreneur, founded Nanofilm in 1984. Nanofilm distributes a variety of products in dozens of countries across the globe.

Did u guys see the “Equity Incentive Plan” they offer in their 10-Q? Boy if I was employee I’d want in on that.

Please don’t get me a raise but allow me to be a part owner of this incredibly ran organization with this valuable stock. What a joke!

https://www.nanomagic.com/ani/

50 plus patents!!!!
R&D awards!!!!

I really have no idea why PenC purchased APNT to begin with. I’m serious in asking… Does anyone know why?

It shows me how mismanaged they are to purchase a company and do absolutely nothing with their technology. What am I missing?

JC, I totally agree. For years I thought this Company was good investment and had a bright future. Now I am done with it and the really, really smart business people that have come aboard. If, for some miracle I can just get reasonable close to even I am out of here. I am sick and tired of being sick and tired.

At some point getting rid of sick and tired will more than justify getting rid of this albatross in exchange for peace of mind.

https://compliance-sec.com/secfilings/company/penc/link_files/2022/05-16-2022/Form10-Q(05-16-2022)NanoMagicHoldings/Form10-Q.pdf

I guess I'm glad it's not trading and it is holding at .2, cuz with a report like this is should be at about .0002. It's pretty sad with all the patents they have they still just try and push the anti-fog products. If I could get out at .2, I'd sell and be done with these owners. Even if the SEC was to relist this company they aren't headed anywhere. Pretty sad.

Chillin' and Waiting and Wishing and Hoping and Prayin'.

Effective May 13, 2021, the Board elected Lara O'Connor Hodgson to serve as a director. In approximately a week it will be a one year anniversary for Lara and still waiting to see some positive accomplishments. Also one year since they told Todd Lunsford don’t left the door hit you in the….
“LEVEL UP”
… enormously validating… Small business owners who feel lost in the trenches should give this a look.” — Publishers Weekly

“A practical, how-to manual with examples and actionable principles for founders looking to innovate, break free and move forward.” — Financial Times

Words I hope will inspire and motivate the stock price: INNOVATE, BREAK FREE, MOVE FORWARD OUT OF THE TRENCHES

I can personally attest to witnessing executives so taken with presentations at a motivational seminar they managed to incorporated that same enthusiasm for almost a week at work.

Time to chill and read our director's new book etc....
Level Up
RISE ABOVE THE HIDDEN FORCES HOLDING YOUR BUSINESS BACK
By Stacey Abrams, Lara Hodgson and Heather Cabot
https://www.penguinrandomhouse.com/books/706859/level-up-by-stacey-abrams-and-lara-hodgson-with-heather-cabot/

Or for those inclined to listen and watch--dropping saline solution into Alex's( Malcolm McDowell)forced-open eyes in A Clockwork Orange comes to mind.
A much more polished interview than that other one from MIT. IMHO
Impact Presents: Lara O'Connor Hodgson, President and CEO, NOWAccount and co-author ‘Level Up’


No. I didn't watch the whole thing and the commentary is turned off. Interesting that
SC Durham is dragging Georgia Tech researchers into court via the Sussmann trial though in my opinion. Maybe Georgia Tech will carry the ball for this case to the point of conviction--as always innocent until proven for the record.
Also noticed that this director is the President of a low performing charter school in Atlanta per my perfunctory and limited research. Needs more work is the kindest thing one could say about that situation in my opinion.

I hope someone else here purchases this book to review and relate.

I stand by my claim that the SEC is corrupt to the core…. but, so is our entire government these days.