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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 TradeBullon Sep 30, 2020 6:01pm
134 Views
Post# 31646218

RE:RE:RE:RE:RE:RE:RE:RE:RE:The IdNow Fiasco in Canada

RE:RE:RE:RE:RE:RE:RE:RE:RE:The IdNow Fiasco in CanadaI don't see the gap up scenario that is why I am playing heavy on the down side.  Ask why did Sona not issue a news release saying "Hey investors come and have a look at our most recent financial statements" or at least put a link on their investor page to them. 
I know.  Because they are pretty bad.  If this company does not secure additional means of capital or develop a revenue stream they are in trouble.  They even say the same thing in the statement.

To get a cash injection they will have to do a private placement.  Maybe they are trying but there is no news on that either.  Maybe outside investors have done their research and said NOPE.  That is an assumption or opinion but the contents of the financial statements are facts.  Again....look them up.
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