Sona Nanotech Inc C.SONA

This won't be an easy game

[erfre16]

Approbation and the market  : they are in late

...Per Sona's press release, their field tests are not expected to be complete until the end of July at which time they can ask for the EUA approval that Cellex and Virtality received over a month ago. Sona's new CEO provided a business update in a conference held on Friday, July 24th and confirmed the in-field studies still had not been submitted to the FDA. Sona is late to the game...
 

And a lot of competition

...So globally we are talking about a potential $4.2B market in 2021. How much of those sales will Sona realistically capture versus the huge global firms and other smaller companies that are already ahead of them? In the report's table of contents it can be seen that Sona isn't even one of the +30 companies mentioned in the report:

 

 

Source

[dart321]

This company has a license to print money and within a very short period of time we will find out if it will be supercharged. In late "CLOWN" Do your research people.

[PresidentBiden]

I think that first statement is severely miscontrued.  Sona's new CEO stated quite confidently that the field tests will be completed by the end of July and that they have already started the FDA application process.  They are doing the field tests as that would be what the FDA would expect of them, so that they are ready to go and pump out as many of these tests as they can once

[Cottrader]

the best response to that article will be completed in field testing, FDA approval and 100s of millions of tests period...sona is down 17% on the day ONLY after being up how many 1000s of %, cmon people...wake up...cbat free gold nano rods, superior and only antigen point of care test in the world... MRI validated.. And not a one trick pony like other tests

[Beerzerker]

I agree the best response will be to show the testing data on real clinical samples collected and tested as it is intended: POC... Lets hear its LOD with respect to actual PCR confirmed cases, not some purified protein spiked into sputum or virus transport media. Or some cultured virus... Seeking Alpha brings up some huge concerns, and they should adress those too. And CBAT has no relevance to a

[Cottrader]

What "huge concerns" does sa bring up? The LOD has already been confirmed via validation The cbat free absolutely has relevance in a lateral flow, the toxicity happens when they elongate the spheres to rods, therefore these being cbat free doesn't affect the biologics What other antigen test with cbat free gold nanorods exists for covid? Name them What explaining? Your post is worse

[sandysouci]

they don't need to comment on the SA article specifcally, but a comment regarding the exaggerated trading activity would be quite reasonable and it done all the time by companies.... eg: "we are not aware of any reason for the recent....", etc.

[SuperNovaPlus]

Thanks for your candidness! I can share your regret as I did the same thing. I ended up getting back in at a 2.00 premium buying back at 13 and 13.35. This company will definitely go to the moon. Wish I had that clarity yesterday! That won't happen to me again.  Take care