SOLESENCE, INC. — Director's Dealing 2012

Sep 14, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NANOPHASE TECHNOLOGIES CORPORATION (NANX)
CIK: 0000883107
Period of Report: 2012-09-12

Reporting Person: SPURGEON CORP (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-09-12	Common Stock	S	2421918	$0.33	Disposed	3034710	Indirect

Footnotes

F1: As a result of the transaction reported herein, Spurgeon Corporation is an indirect beneficial owner, as a General Partner of Grace Brothers, Ltd. of 2,433,300 shares, and as General Partner of Grace Investments, Ltd., of 601,410 shares.