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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 PresidentBidenon Aug 06, 2020 7:59pm
159 Views
Post# 31376382

RE:The concern

RE:The concernYou bring up a good point and I do actually believe that TORR or Torrent Capital is going to be the big winner here.

Torrent is a holding company that is currently holding 6-8 companies.  Torrent owns 1.3 million shares of SONA and they bought them for 25 cents.  

They only announce their holdings quarterly and within the next 2-3 weeks, they'll be releasing their holdings.  They have made a boat load of money upon buying SONA at 25 cents and if you look at all their other holdings, they are well ahead on all of those too.

I'm hoping that Torrent sold some or all of their SONA as I also own Torrent and it is a great hedge play.  It has dropped the past couple days in price due to the depreciation of SONA, but I actually think that they are in a much better position.

Remember, both TORR and SONA have the same CFO, so perhaps somebody is in the know...just saying!

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