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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 4:15pm
94 Views
Post# 31262213

RE:RE:RE:RE:RE:next announcement likely millions of orders

RE:RE:RE:RE:RE:next announcement likely millions of ordersHow do you apply a standard multiple to a non standard event?  Answer is we cant  Sona has no existing revenue stream, yet  This covid test is not a recurring event at least i hope not  Therefore how do you make a estimate,  as i have stated other times  the stock has a one time covid value plus the great value of global validation of their propriatary GNRs, plus the tests that sona was validating and working on as a regaular course of business  Do the math  Huge upside however you detrrmine it.   But a standard multiple of rev, not yet.   
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