Sona Nanotech Inc C.SONA

Sona Pre Orders

[NothinButTime]

Sona officially announced 4.7 million pre orders with deposits due upon approval, as well as tens of millions of expressions of interest.  The company has since stated that has grown to hundreds of millions of expressions of interest.  

 

But just for arguments sake, let’s use the 4.7 million pre orders as an absolute floor, and completely ignore the expressions of interest.  Even though we know initial sales will be much more than that.  Let’s also set the sell price at $15 per unit, and only use a multiplier of x3 to keep this very conservative.  

 

4.7 million units at $15 would be $70,500,000 in revenue.  

 

A multiple of 3x revenue would give them a market cap of $211,500,000.  Multiply this by the share count (60,780,000) and you have an absolute floor of $3.48/share.  

 

I used the lowest possible valuations with only 4.7 million units, at only $15, at a multiple of only 3.  

 

We know that the orders will far exceed 4.7 million units.  Approval will send this flying.  This is a fire sale at these prices.  

 

[Triggerman]

Wow !!!! Makes me wonder why insiders are selling and no major pharm company hasn't acquired Sona at these "Fire sale" prices !!! Oh ya , because nobody with a brain is going to buy a test that's 84% !!!   Great math work though.    Idiot.