Sona Nanotech Inc C.SONA

Alternate Symbol(s): SNANF

Technology Scientific & Technical Instruments

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.

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Sona Nanotech Inc

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Post by kindvalueon Aug 27, 2020 12:34pm

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Post# 31460864

COMPETITIVE and NO LONGEVITY

ABBOTT charging $5.00
FLDM convenience
SONA mkt cap doesn't make sense for an investor
do you want to invest in a company that has a SARS test? Two year window for any covid test ,
SONA has generate massive cash flow in a short period before covid fades away as in three years this company has no business purely on a basis of discounting future cash flow
on top of that with companies like Abbott charging $5.00 means no pricing power
appreciate this is a trade and not an investment so take it as that and don't drink the koolaid
thats why the largest shareholder and founder is not an insider anymore he is no dumbie

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