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Sona Nanotech Inc C.SONA

Alternate Symbol(s):  SNANF

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.


CSE:SONA - Post by User

Comment by dataworkon Jul 04, 2020 12:50pm
130 Views
Post# 31224138

RE:RE:RE:RE:RE:Predictions

RE:RE:RE:RE:RE:Predictions

i agree, though given that the first wave of covid is not even close to being contained. I would at least double the annual output to 200M test kits.

Do not think for a minute that the Chief medical officers of Countries worldwide havent heard about the Validation results. Sona was very smart being part of the Covid Webinar two weeks ago and now the cat is out of the bag.

I won't be at all surprised if we see an initial order of 150M kits from the USA. With another 50M monthly until they get a handle on things down there. Even then, I'm sure they will want to stockpile at least a 100M kits. I'm also pretty certain the US government will do whatever it takes to assist SONA in doubling or tripling output. Given the state of affairs down there.

This doesn't even take into account the demand from the rest of the world.

Further taking into account  Sona's limited shares and what I believe will be an unprecedented demand. I think we could easily get to 1000$ sp, IF production can be quickly expanded to supply the demand.

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