Sona Nanotech Inc C.SONA

The risk reward here

[dart321]

is something I have never seen before, absolute massive upside and the downside is substantial also. One has to understand what the percentage is for developing tests to positive results. They are not like vaccines they are more likely to succeed than fail where as vaccines have on average a 1.1% success rate through stage three. When tests reach the field stage most pass but the odd one goes kerplunk. So we wait to see, within the next 17 days if it's a pass or a kerplunk....

[dart321]

These are the numbers for risk reward, first the risk. The test fails and the stock ditches to whatever nobody knows to where. The reward, the test is confirmed and they announce sales of 100 million their stated max production rate. Sales of those numbers using standard drug stock valuations puts the share price at $1229.00. Now if you use the numbers QDEL is trading at then it's something

[PatrickBateman]

This post has been removed in accordance with Community Policy

[wateroperator]

Hey Bateman can you cover my shift this weekend at the Keg?

[PatrickBateman]

This post has been removed in accordance with Community Policy

[BrandNewIdiot01]

You are somewhere else. That's not even amusing.

[datawork]

Lovin' those numbers Dart. Though there are no guarantees in life, I agree with Patrick. The risk was the prior to MRIGlobal validation results. Now that we have those resukts, with were also right in line with Sona's own in house test results. I have no reason to believe that Sona won't pass the HC and EUA  certification process. It's only a matter of time until we get the

[Sandblaster1980]

https://twitter.com/LexCorporation/status/1283031388443344896?s=19