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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 > From Saudi FDA website
View:
Post by Belator on Sep 01, 2020 9:05am

From Saudi FDA website

How long is the SFDA review process?
The SFDA allots 35 working days as its official timeframe for reviewing applications; however, actual review times are often longer, particularly if additional information is requested.
Comment by JoeScotia on Sep 01, 2020 9:11am
The Saudis are vested in this technology. When the Center for Nanotechnology is named after the King, I would expect approval could happen quite fast. https://nano.ksu.edu.sa/en
Comment by Reefer007 on Sep 01, 2020 9:12am
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Comment by dart321 on Sep 01, 2020 9:21am
It would appear time is short for some sort of a sales announcement from Saudi. It would be my guess something between 4.5 million to 9 million initial orders per month based on the size of the population of the area. Then sometime in the future increasing as more manufacturing comes on stream.
Comment by ALLYourWayChamp on Sep 01, 2020 9:25am
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Comment by Belator on Sep 01, 2020 9:26am
If we want to sell in other countries each country has their own approval body.  This is why so many companies are reselling test kits with prior approvals in those countries and hoping the tests get expedited through HC due to existing approvals all over the world.  We know Sona's test is superior due to the ability to detect before symptoms, and it will be highly successful when ...more  
Comment by Hfxrose on Sep 01, 2020 9:15am
Absolutely, and since they are already working to secure a manufacturing location, they must think that approval is imminent.  This stock is about to take off. It has been well well worth the wait! Hold tight everyone, the ride is about to start!
Comment by Devious66 on Sep 01, 2020 10:01am
I've been in this thing at 1.60 and every week I hear this thing is about to take off.  Im holding and I do think at some point she goes but I can see why so many people are getting frustrated with the " it's gonna go this week ".    Better off to toss your cash in and not look at the thing for another month 
Comment by PictouBoy on Sep 01, 2020 10:32am
If the Saudis want approval they wave their wand. 
Comment by burnout29 on Sep 01, 2020 10:44am
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