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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 bluebeard123on Aug 06, 2020 7:55pm
198 Views
Post# 31376364

RE:RE:Go back to the webinars

RE:RE:Go back to the webinarsYes, you are correct. This is a very speculative stock. It's very risky which means you could lose your shirt or be very rich. As for the founders and promoters, I know their profile very well. The people on the company's board are junior capital market people who have a long history of stock promotion. I owned both Linear Metals and Stockport that were predecessors to Sona. There is no senior leader that I know of at Sona that have executed a very very large scale up, which is what is needed here. Half the leaders are stock promoters, the other half are academics. I've said this before in a few of my earlier posts. As we have found out, this stock is not for the faint hearted. My view right now is that it is still worth the risk. They have a technology that could solve one of the most pressing threats on this planet, and make a tremendous amount of money. It's not unrealistic to see a valuation of $1B+. We have seen this before in tech companies that had no revenues. But that does not mean I am being blind to the risk.
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