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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 wm23fouron Jul 13, 2020 3:03pm
99 Views
Post# 31261766

RE:Bets on Next News

RE:Bets on Next NewsJustforfun:  OK, here is Justmyguess on next news.  Would think that next news to drop will be on orders.  Both LOI and those based on "interest".  Thinking this per the validation PR news of July 2.  Most likely would think we will also get update on mfg progress in one PR.  They mentioned that Co, will provide an update on these two things in next few weeks.  ("The Company will provide an update on sales progress and manufacturing delivery timetables in the coming weeks.")  

If not orders and mgf update in same PR, then seperate PR's a few days apart would be my guess.

Reagarding field test results, in same PR of July 2 it says "
The Company has been informed that the results of these field studies should be provided by the end of July,..."

The way its written up appears to me that they are expecting to put out orders and mgr update first.  Dont know exactly when "next few weeks"  will end up being.  But thinking it could well be like, any day now. 

Any of the items you mentioned though could realistically come ahead of these.  This is just my guess.  Guess we will just have to wait and see.

Another thing I was thinking.  Maybe there will be another type catalyst that can siginficantly move sp that might come out of the blue, totally unexpected, at any time.  Thinks like:  Sona being mentioned by a top analyst of a large respected firm as a screaming buy.  Maybe sona gets mentioned on a business talk show such as Cramer on squak in street, etc.  Maybe a major news outlet does an article on sona.  Maybe sona in mentioned by Trudeau in a press conf or in US covid task force.  Maybe sona is selected for a grant by Gates foundation.  There are so many things that could happen totally unexpectedly, out of blue, at any time that can significanlty affect share price in addition to the potential drivers that you so thoroughly mention in your original post.  With this in mind, that is why I do not attempt to trade Sona for a few pennies here or there.  Am in for the long haul and very optimistic about chances for Sona to go much higher in coming days and weeks.  There is still risk, but much less now that we have MRI global validation.  I am very willing to assume the risk.  

glta   wm
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