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Bullboard - Stock Discussion Forum 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... see more

CSE:SONA - Post Discussion

Sona Nanotech Inc > Completed my program for future sales/share price
View:
Post by dart321 on Jul 06, 2020 5:58pm

Completed my program for future sales/share price

I used a base of 61 million shares for the company and $37.50 per kit. I used the industry standard 4.85 times sales for a strong sales growth company. I did not use the industry standard of 20 times for explosive sales growth companies because I wanted it to be a conservative estimate. These are my numbers on what we "could" expect for a share price for each contractual order. For order of 5 million kits $13/14. for an order of 10 million kits $27/29, for an order of 20 million kits $61/64, for an order of 40 million kits $123/129. Like I said these are conservative numbers, if the market values this company as an explosive growth prospect then all bets are off and nobody can know where this will go.
Comment by Nicmoure5148234 on Jul 06, 2020 6:03pm
How many kits can sona produce at the moment ? ty
Comment by dart321 on Jul 06, 2020 6:07pm
I believe the company said they could ramp up to 100 million and someone mentioned here the company said more if needed but I have not been able to confirm the later.
Comment by Cottrader on Jul 06, 2020 6:09pm
yes as per the investors deck in May they could ramp up to 100m if required and possibly more
Comment by datawork on Jul 06, 2020 8:27pm
I know NorthBayStreet mentioned that Sona is rumoured to be ramping up production in Australia and Japan.
Comment by PatrickBateman on Jul 06, 2020 6:41pm
This post has been removed in accordance with Community Policy
Comment by burnout29 on Jul 06, 2020 6:49pm
This post has been removed in accordance with Community Policy
Comment by PatrickBateman on Jul 06, 2020 8:15pm
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Comment by burnout29 on Jul 06, 2020 8:36pm
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Comment by dart321 on Jul 06, 2020 7:24pm
the reason I built this program was because of these two things and I quote from their news releases, Technology transfer to manufacturers is currently underway to produce tests and " to meet """CURRENT""" and expected demand. Also said they will begin "TAKING" deposits on letters of intent an expressions of interest ( 10's of millions ). I guess ...more  
Comment by NashDaSlash on Jul 06, 2020 8:40pm
Dart you are the man; long and strong. - NashDaSlash
Comment by Specific on Jul 06, 2020 8:54pm
Very good presention dart. Future sales will of course drive the sp And sales are totally dependment on fda approval What's the timeline dart  When do u expect an fda decision ? ......cheers and gl
Comment by dart321 on Jul 06, 2020 9:05pm
sorry I am not here to do every ones research for them so I will suggest every one to research what the company said in the last news release. Here is the hint on what to research. "" Sales of the tests will be sold under the label"" """Research use only"""" look at what all the other companies are doing with their tests under the same label.
Comment by Sunnyvale on Jul 06, 2020 9:30pm
Thanks for the information and analysis Dart on where this stock could be going in the near further! Up Up and away!!! GLTA
Comment by BrandNewIdiot01 on Jul 06, 2020 10:30pm
Eh. Thought you said you weren't doing that?
Comment by RosehipCaper on Jul 06, 2020 8:05pm
Agree 100% , Oh and Your Numbers Are Right, Remember If this Hits The Right Billionaires Desk ANYTHING IS POSSIBLE.
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