NMGX · Nano Magic Inc.
Substantial doubt about the company's ability to continue as a going concern.
“These factors raise substantial doubt about the Company's ability to continue as a going concern within one year after the date that these unaudited condensed financial statements are issued. Management cannot provide assurance that the Company will ultimately achieve profitable operations, become cash flow positive or raise additional capital.”View the 10-Q filed Nov 19, 2024
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2024-12-10 | Rickert Scott E. |
Director |
Other↑
Filing footnotes — Options (Direct)
Options granted as compensation for service as a director. |
Options
|
100,000 |
| 2024-12-10 | BERMAN RONALD J |
Director, Secretary |
Other↑
Filing footnotes — Options (Direct)
Options granted as compensation for services as a director. |
Options
|
100,000 |
| 2024-12-10 | Rickert Jeanne M |
Director |
Other↑
Filing footnotes — Options (Direct)
Options granted as compensation for service as a director. |
Options
|
100,000 |
| 2024-12-10 | Gatland Miles Geoffrey |
Director |
Other↑
Filing footnotes — Options (Direct)
Options granted as compensation for service as a director. |
Options
|
100,000 |
| 2024-12-10 | Gunn Raymond William |
Director |
Other↑
Filing footnotes — Options (Direct)
Options granted as compensation for service as a director. |
Options
|
100,000 |
| 2024-12-10 | Hurbis Casey |
Director |
Other↑
Filing footnotes — Options (Direct)
Options granted as compensation for service as a director. |
Options
|
58,333 |
| 2024-12-10 | Berman Tom J. |
Director, President & CEO |
Other↑
Filing footnotes — Options (Direct)
Options granted as partial compensation for services as a director. |
Options
|
100,000 |
| 2024-07-29 | Berman Tom J. |
Director, President & CEO |
Other↑
Filing footnotes — Options (Direct)
Options granted as partial compensation for services rendered or to be rendered. 250,000 options were vested on date of grant, 250,000 will vest on December 31, 2024. |
Options
|
500,000 |
| 2024-07-29 | BERMAN RONALD J |
Director, Secretary |
Other↑
Filing footnotes — Options (Direct)
Options granted as compensation for services rendered or to be rendered Half vested on date of grant, balance vest ratably at the end of July and each subsequent month of 2024. |
Options
|
60,000 |
| 2024-07-29 | Rickert Scott E. |
Director |
Other↑
Filing footnotes — Options (Direct)
Options granted as compensation for services rendered or to be rendered 15,000 vested on date of grant, balance vest ratably at the end of July and each subsequent month of 2024. |
Options
|
30,000 |
| 2024-07-29 | Vera Leandro |
Chief Financial Officer |
Other↑
Filing footnotes — Options (Direct)
Options granted as compensation for services rendered or to be rendered 30,000 vested on date of grant, balance vest ratably at the end of July and each subsequent month of 2024. |
Options
|
60,000 |
| 2024-07-29 | Rickert Jeanne M |
Director |
Other↑
Filing footnotes — Options (Direct)
Options granted as compensation for services rendered or to be rendered 15,000 vested on date of grant, balance vest ratably at the end of July and each subsequent month of 2024. |
Options
|
30,000 |
| 2024-05-23 | BERMAN RONALD J |
Director, Secretary |
Other↑
|
Common Stock
|
2,000 |
| 2023-12-06 | Gatland Miles Geoffrey |
Director |
Other↑
|
Common Stock
|
36,924 |
| 2023-12-06 | Rickert Scott E. |
Director |
Other↑
|
Common Stock
|
36,924 |
| 2023-12-06 | BERMAN RONALD J |
Director, Secretary |
Other↑
|
Common Stock
|
36,924 |
| 2023-12-06 | Berman Tom J. |
Director, President & CEO |
Other↑
|
Common Stock
|
36,924 |
| 2023-12-06 | Gunn Raymond William |
Director |
Other↑
|
Common Stock
|
36,924 |
| 2023-12-06 | Rickert Jeanne M |
Director |
Other↑
|
Common Stock
|
36,924 |
| 2023-10-31 | Rickert Scott E. |
Director |
Buy↑
Filing footnotes — Common Stock (Indirect)
Shares were acquired by Rickert Family, Limited Partnership. |
Common Stock
(I)
|
4,444 |
| 2023-10-31 | Rickert Jeanne M |
Director |
Buy↑
Filing footnotes — Common Stock (Indirect)
Shares were acquired by Rickert Family, Limited Partnership. |
Common Stock
(I)
|
4,444 |
| 2023-05-30 | BERMAN RONALD J |
Director, Secretary |
Other↑
Filing footnotes — Options (Direct)
Options granted as partial compensation for services rendered or to be rendered |
Options
|
10,000 |
| 2023-05-30 | Vera Leandro |
Chief Financial Officer |
Other↑
Filing footnotes — Options (Direct)
Options granted as partial compensation for services rendered or to be rendered 5,000 options vest at the end of each month Expire 4 years from date of vesting |
Options
|
35,000 |
| 2023-05-30 | Vera Leandro |
Chief Financial Officer |
Other↑
Filing footnotes — Options (Direct)
Options granted as partial compensation for services rendered or to be rendered |
Options
|
25,000 |
| 2023-05-30 | Rickert Jeanne M |
Director |
Other↑
Filing footnotes — Options (Direct)
Options granted as compensation for services rendered or to be rendered |
Options
|
10,000 |
| 2023-05-30 | Rickert Jeanne M |
Director |
Other↑
Filing footnotes — Options (Direct)
Options granted as compensation for services rendered or to be rendered 5,000 options vest at the end of each month Expire 4 years from date of vesting |
Options
|
35,000 |
| 2023-05-30 | Berman Tom J. |
Director, President & CEO |
Other↑
Filing footnotes — Options (Direct)
Options granted as partial compensation for services rendered or to be rendered on the basis of right to acquire 1 share for each $1 of salary not paid in cash. |
Options
|
15,384 |
| 2023-05-30 | Vera Leandro |
Chief Financial Officer |
Other↑
Filing footnotes — Options (Direct)
Options granted as partial compensation for services rendered or to be rendered |
Options
|
100,000 |
| 2023-05-30 | BERMAN RONALD J |
Director, Secretary |
Other↑
Filing footnotes — Options (Direct)
Options granted as partial compensation for services rendered or to be rendered 5,000 options vest at the end of each month Expire 4 years from date of vesting |
Options
|
35,000 |
| 2023-05-30 | Berman Tom J. |
Director, President & CEO |
Other↑
Filing footnotes — Options (Direct)
Options granted as partial compensation for services rendered or to be rendered on the basis of right to acquire 1 share for each $1 of salary not paid in cash. 7,692 options vest at the end of each month Expire 4 years from date of vesting |
Options
|
53,844 |
| 2023-05-30 | BERMAN RONALD J |
Director, Secretary |
Other↑
Filing footnotes — Options (Direct)
Options granted as partial compensation for services rendered or to be rendered |
Options
|
50,000 |
| 2023-05-17 | BERMAN RONALD J |
Director, Secretary |
Buy↑
|
Common Stock
|
5,000 |
| 2023-04-19 | Berman Tom J. |
Director, President & CEO |
Other↑
Filing footnotes — Option (Direct)
Options were awarded in lieu of cash for a portion of the salary earned in the first quarter of 2023, granted on the basis of right to purchase 1 share for each $1 of salary not paid in cash. |
Option
|
30,000 |
| 2022-12-06 | BERMAN RONALD J |
Director, Secretary |
Other↑
|
Common Stock
|
32,000 |
| 2022-12-06 | Rickert Jeanne M |
Director |
Other↑
|
Common Stock
|
32,000 |
| 2022-12-06 | Gatland Miles Geoffrey |
Director |
Other↑
|
Common Stock
|
32,000 |
| 2022-12-06 | Rickert Scott E. |
Director |
Other↑
|
Common Stock
|
32,000 |
| 2022-12-06 | SHERBIN DAVID M |
SVP, GC & Secretary |
Other↑
|
Common Stock
|
16,000 |
| 2022-12-06 | Berman Tom J. |
Director, President & CEO |
Other↑
|
Common Stock
|
32,000 |
| 2022-05-25 | BERMAN RONALD J |
Director, Secretary |
Buy↑
Filing footnotes — Common Stock (Indirect)
Reporting person purchased for $26,456 an interest in an entity that owns the stock and warrants. Totals in column 5 of Table I and column 9 of Table II include both shares owned directly and indirectly through PEN Comeback, LLC and PEN Comeback 2, LLC. Mr. Berman shares voting control of those entities with his son, Tom J. Berman, but disclaims beneficial ownership of the securities owned by those entities except to the extent of his pecuniary interest. |
Common Stock
(I)
|
26,456 |
| 2022-05-25 | BERMAN RONALD J |
Director, Secretary |
Buy↑
Filing footnotes — Warrants (Indirect)
Reporting person purchased for $26,456 an interest in an entity that owns the stock and warrants. Warrants are presently exercisable Warrants will expire on five different dates: earliest 10/18/2024, and last on 6/27/2025. Totals in column 5 of Table I and column 9 of Table II include both shares owned directly and indirectly through PEN Comeback, LLC and PEN Comeback 2, LLC. Mr. Berman shares voting control of those entities with his son, Tom J. Berman, but disclaims beneficial ownership of the securities owned by those entities except to the extent of his pecuniary interest. |
Warrants
(I)
|
26,456 |
| 2021-12-14 | BERMAN RONALD J |
Director, Secretary |
Other↑
|
Common Stock
|
8,000 |
| 2021-12-14 | Westerman Howard G JR |
Director |
Other↑
|
Common Stock
|
8,000 |
| 2021-12-14 | Rickert Scott E. |
Director |
Other↑
|
Common Stock
|
8,000 |
| 2021-12-14 | Hodgson Lara O'Connor |
Director |
Other↑
|
Common Stock
|
5,333 |
| 2021-12-14 | Rickert Jeanne M |
Director |
Other↑
|
Common Stock
|
8,000 |
| 2021-12-14 | Berman Tom J. |
Director, President & CEO |
Other↑
|
Common Stock
|
8,000 |
| 2021-11-10 | Fink Richard Lee |
Pres., Applied Nanotech, Inc. |
Other↑
Filing footnotes — Common Stock (Direct)
Reporting person received an in-kind distribution from PEN Comeback 2, LLC ("Comeback 2"), increasing direct holdings and decreasing indirect holdings. Share of indirect holdings also changed because distribution triggered changed allocations under Comeback 2 operating agreement. |
Common Stock
|
8,700 |
| 2021-11-10 | Westerman Howard G JR |
Director |
Other↓
Filing footnotes — Warrants (Indirect)
Warrants are all held by Comeback. Reporting person's indirect interest was reduced by 25% under the terms of the Comeback agreement without any action by him. No consideration was paid or received. Totall in column 9 includes options held directly. Warrants are presently exercisable. Warrants will expire on five different dates: earliest 10/15/2022, and last on 6/27/2023. |
Warrants
(I)
|
47,600 |
| 2021-11-10 | Berman Tom J. |
Director, President & CEO |
Other↑
Filing footnotes — Common Stock (Direct)
Reporting person received an in-kind distribution from PEN Comeback, LLC ("Comeback") and from PEN Comeback 2, LLC ("Comeback 2"), increasing direct holdings and decreasing indirect holdings. Share of indirect holdings also changed because distribution triggered changed allocations under the Comeback and Comeback 2 operating agreements. |
Common Stock
|
48,349 |