Bullboard - Stock Discussion Forum 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... see more

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CSE:SONA - Post Discussion

Sona Nanotech Inc > 96.6% accurate point of contact

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Post by letsgoup on Jul 04, 2020 5:23pm

96.6% accurate point of contact

There is no argument here. Sona will skyrocket! No other test like it out there. HUGE DEMAND all over the world. Monday we hit $10 easy!

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Comment by dart321 on Jul 04, 2020 5:55pm

By my numbers based on black and white information I have this at $12 per share, whatever the additional speculation maybe I have no clue. It's going to be interesting to see what happens with the shorts on Monday. Weather they try to fight or just give up and cover.

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Comment by datawork on Jul 04, 2020 6:03pm

It will also be interesting to see how the US market reacts. As it's been closed since the Validation nr .

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Comment by dart321 on Jul 04, 2020 6:13pm

then again they could come out with a sales news release Monday. Then my numbers would have to be adjusted up to include the additional sales. Which would in turn add stronger speculation. I guess the only thing we know for certain is it will move up.

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Comment by datawork on Jul 04, 2020 6:32pm

I like your way of thinking Dart. Thanks again for crunching the numbers.

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Comment by Moemoney42 on Jul 04, 2020 8:18pm

Although sales are a nice barometer of success.. it boils down to profit.. if there's tests out there being sold for less, SONA's test may not capture the amount of the market some here think it will... if the margins get squeezed it could get challanging.. pie in the sky predictions of $1000/share are just foolish dreaming...LOL.. But I guess it doesn't cost nothing to dream.. just ...more

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Comment by hotstocks1 on Jul 04, 2020 6:21pm

Hey dart321, Just wondering if you could post the numbers of your breakdown and how you arrive at $12 ^^^ Bought in late on Friday after seeing the frenzy. Thought I would follow the herd !!!

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Comment by dart321 on Jul 04, 2020 6:40pm

The May 22nd news release has sales info, letters of intent with restrictions ( Letters of intent are not signed contracts until all restrictions are met). Those restriction look to have been met so the 4.7 million they are talking about I used $37.50 as an average price per test times the 4.7 mil divided by shares outstanding I then used a 4 times multiple of sales per share. I did not use the 10 ...more

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