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 > Numbers

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Comment by dart321on Jul 04, 2020 1:37pm

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Post# 31224225

RE:RE:Numbers

So let's do the numbers taking an average selling price of $37.50 per kit and a max of 100,000,000 kits per yr 37.50x100,000,000= 3.75 billion dollars in sales. Per share sales then would be the 61 million shares out into the 3.75 billion in sales=$61.48 sales per share. The market will tell us what the multiple will be. It in my opinion it has a wide range any from 3 times to 20 times. Based on this info the share price of anywhere from $184.44 for a 3 times multiple to $1229.60 for a 20 times multiple. Let the news flow lol.

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