Sona Nanotech Inc C.SONA

Posted this on the TORR board first post since 2018

[igold8]

also a very low share float tightly held, good luck!...

Excitement SONA core holding of TORR

Huge moves over at SONA, a large holding of TORR.V

latest financials where you can see the holdings and calculate the NAV per share

https://torrentcapital.ca/wp-content/themes/stratusx-child/financial-statements/torrent_capital_financial_03312020.pdf

good luck!

[igold8]

Also has some nice other core holdings that has had really good Q2 performance April-June in addition to SONA in WILD and IMV and has gold portfolio should be interesting how it all plays out, good luck! Anyone have thoughts?

[lumpy13]

TORR is a tremendous arbitrage opportunity.  Assuming it still has 1.3m shares (as of 3/31) and someone estimated 1.6m shares today, my guess its NAV is at least 50% higher than its share price.  

[igold8]

You'd have to wait for the quarterly 2 to make it official but A little research of Brigus Capital and Numus Financial and Torrent Capital and Sona websites and people/Sona relevance of activity and connections including current SONA + Torrent board member Jim M can give you a good idea they are likely in this for the long term. Take a peak at all 4 sites for 5 minutes and do your DD to

[charlottesweb]

Usually better to invest in companies with huge insider ownership/institutional and a low float no doubt.  As for the previous post of pumping people should temper the expectations....not that this doesn’t have massive potential and has so far delivered.

[dart321]

LOL, pumping as you call it is for us here, the share price is far to high now for retail for the most part. It's now in the hands of the institutional investor and those people will be here in droves to get the retail investor that still owns paper to sell. So people post what you want with your opinions. Now that the share price is where it's at it's out of our hands it will go where

[igold8]

Pump are you joking?! APT a PPE maker went from $3.50 range in January to $41.59 in Feb just on the virus spread. What SONA has well... Do you own DD.!

[igold8]

Some good posts and DD on the TORR bb over the weekend, good luck!