SOLESENCE, INC. — Director's Dealing 2008

Oct 10, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NANOPHASE TECHNOLOGIES CORPORATION (NANX)
CIK: 0000883107
Period of Report: 2008-10-08

Reporting Person: WHITMORE BRADFORD T (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-10-08	Common Stock	P	3065	$0.99	Acquired	4889128	Indirect
2008-10-08	Common Stock	P	1642	$1	Acquired	4890770	Indirect
2008-10-08	Common Stock	P	26755	$1.01	Acquired	4917525	Indirect
2008-10-08	Common Stock	P	10000	$1.08	Acquired	4927525	Indirect
2008-10-09	Common Stock	P	8340	$0.97	Acquired	4935865	Indirect
2008-10-09	Common Stock	P	700	$0.98	Acquired	4936565	Indirect
2008-10-09	Common Stock	P	7980	$0.99	Acquired	4944545	Indirect
2008-10-10	Common Stock	P	300	$0.91	Acquired	4944845	Indirect
2008-10-10	Common Stock	P	100	$0.92	Acquired	4944945	Indirect
2008-10-10	Common Stock	P	8750	$0.93	Acquired	4953695	Indirect
2008-10-10	Common Stock	P	200	$0.945	Acquired	4953895	Indirect
2008-10-10	Common Stock	P	400	$0.95	Acquired	4954295	Indirect
2008-10-10	Common Stock	P	600	$0.96	Acquired	4954895	Indirect
2008-10-10	Common Stock	P	400	$0.97	Acquired	4955295	Indirect
2008-10-10	Common Stock	P	1400	$1	Acquired	4956695	Indirect
2008-10-10	Common Stock	P	6700	$1.01	Acquired	4963395	Indirect

Footnotes

F1: As General Partner of Grace Brothers, Ltd. which owns 4,313,251 shares and as General Partner of Grace Investments, Ltd. which owns 300,000 shares, Bradford T. Whitmore is an indirect beneficial owner.

F2: Bradford T. Whitmore directly owns 350,144 shares of common stock.