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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 buy2009on Jul 13, 2020 10:57am
98 Views
Post# 31260214

RE:RE:RE:RE:GOLD

RE:RE:RE:RE:GOLDYour post has some real info but wow are you off on the order requirements. At present we have a conpany with basically zero revenue. So yes i agree at present over valued. But is based on the future of sona which currently is focused on the covid 19 antigen test. Manufacturing is already being set to ramp up. So here is a little math for you: 40 million test at 35 a test with 75% profit (conservative as i understand nomal margin is 85%, but granted any number is currently a guess). But at 75% that represents a one time bonus of $17 per share. This is all for the one test. This does not take into account that the company had 5 other tests being trialed before covid happened. So at present overvalued, perhaps. But IMO not for long.
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