Nano Magic Inc. Stock Analysis NMGX

Nano Magic, Inc. engages in the development, marketing, and sale of consumer and industrial products enabled by nanotechnology. The company is headquartered in Miami, Florida and currently employs 13 full-time employees. The firm develops, commercializes and markets nanotechnology-powered consumer and industrial cleaners and coatings to clean, protect, and enhance products. Its consumer products include lens and screen cleaners and coatings, antifog solutions, household and automotive cleaners and protective coatings sold direct to consumers and in big box retail. The firm also sells branded and private label cleaners and coatings in the optical, safety, and industrial channels. Its consumer products are sold as liquids and as wet and dry towelettes and industrial coating products are typically sold in liquid form. The company has multiple product technology platforms that offer solutions to common surface problems, such as ease of cleaning, preventing fogging, preventing accumulation of dirt or grime, improving resistance to scuffing and wear and surface protection.