Sona Nanotech Inc C.SONA

Alternate Symbol(s): SNANF

Technology Scientific & Technical Instruments

Sona Nanotech Inc. is a nanotechnology life sciences company that has developed multiple methods for the manufacturing of various types of gold nanoparticles. The Company is engaged in the research and development of its technology for use in multiplex diagnostic testing platforms and biomedical applications. Its gold nanotechnologies are adapted for use in applications, as a safe and delivery system for multiple medical treatments, for the approval of various regulatory boards, including Health Canada and the Food and Drug administration (FDA). Its gold nanorod particles are manufactured without the use of CTAB (cetyltrimethylammonium), eliminating the toxicity risks associated with the use of other gold nanorod technologies in medical applications. The Company leverages its core proprietary gold nanorod (GNR) manufacturing technology and laboratory assets to focus on the development of diagnostic tests and biologic reagents, and the advancement of its GNR intellectual property.

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Sona Nanotech Inc > Total short position is over 3.4 million shares As of June 1

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Comment by Bradwaiton Jun 02, 2020 10:19pm

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Post# 31104623

RE:Total short position is over 3.4 million shares As of June 1

Yikes. Makes me think this will get slammed. Hope not, but with that many short it would seem more like someone knows this is getting slammed. What do you guys think? Its only trading 318x higher than book value with no revenue to speak of. I really don't know but I can't see at this valuation how it goes a lot higher. Could be wrong and maybe it will. What do you guys really think will happen here. I'm out of shares and never short anything.

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