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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 Moemoney42on Aug 14, 2020 11:41pm
171 Views
Post# 31411756

RE:RE:RE:RE:RE:RE:RE:RE:Insiders are NOT Selling

RE:RE:RE:RE:RE:RE:RE:RE:Insiders are NOT SellingWith all due respect dart... if it was that simple we'd all be millionaires..! What happens when margins get squeezed, pricing competition or bulk purchases etc. forces them to cut their prices..? Nothing is in carved in stone now a days..! Don't count you're chickens before they hatch..you know... like deadline countdowns.. you end up looking foolish..!

dart321 wrote: Moe give us break, it is simple numbers sales, profit margins and growth rates. If this company comes out with sales equal to or better than QDEL this company will get the same valuations. I believe Qdel's guidance for next Q is 380 million. That is aprox, Sona selling 5 million kits per month @ 25 bucks each. Is that possible, sure it is if these field tests are confirmed. We will likely find out this week if any of this can happen, test confirmations first. Then we look at the future.


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