Sona Nanotech Inc C.SONA

Predictions

[Justforfun10]

$18 by the end of next week. $30 by the end of July. $50 by the end of August.

[Frankzanes]

This post has been removed in accordance with Community Policy

[Justforfun10]

Stated another way - $1 billion market cap by end of next week. $1.8 billion by end of July. $3 billion by end of August. Very possible.

[dart321]

Based on their news releases they are taking deposits on the first 4.7 million, production has started and they have had expressions of interest on tens of millions more, all orders depended on the tests being verified by MRIGlobal. The Market cap of the other company is over 12 billion. My guess by the end of July if we see news on sales which I think is a no brainer based on their past news

[dart321]

There is one more question we have to ask ourselves. We know from past news releases about the 4.7 million and the expression of 10's of millions more it's all their in black and white. The question is are there going to be 100's of millions of orders and how fast can they be manufactured? I think the news flow will be substantial.

[Cottrader]

the May investors deck that with current facilities the manufacturing is scaleable to 100m test per year...maybe they add more facilities.

[dart321]

agreed, I am sure they will tell us if that happens. Until they do we base our projected sales on 100 million per yr. I am certain this test will be sold world wide to what extent I guess we will see this in news also. This what I expect to see in the short term. Sales contract news ( multiple ) scaled up manufacturing ( more than one ). Maybe a partnership with a massive pharma.

[datawork]

i agree, though given that the first wave of covid is not even close to being contained. I would at least double the annual output to 200M test kits. Do not think for a minute that the Chief medical officers of Countries worldwide havent heard about the Validation results. Sona was very smart being part of the Covid Webinar two weeks ago and now the cat is out of the bag. I won't be at all

[dart321]

Yes I agree the potential is there for what you say but I like to do the numbers with what has been announced in black and white by doing this it keeps one grounded and factual. Factual numbers give one factual data on which to base ones investments.

[datawork]

I'm with you Dart. The intangible variable that I think will come into play due to limited number of test kits that will be available initially, will be bidding wars. As I believe this will become the De Facto test kit woldwide in short order, given it's speed and accuracy. The ride has just begun and only time will tell just how far it goes. GLTA.

[CalChemp77]

But whom is one? One is you for I am also one.