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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 the inteview with Davis Regan - Best use of SONA test
View:
Post by zoe18 on Nov 01, 2020 12:42pm

From the inteview with Davis Regan - Best use of SONA test

Here's what he said:

Sona has large employers looking for a quick way to screen their workers to determine if anyone has been exposed to COVID-19, Regan said. If the antigen test indicates someone is positive, then they could go to a doctor for confirmation. “Our best use for this rapid test . . . is more for reopening the economy rather than a medical system device,”

It is needed everywhere not only in Canada but let say Canada first...why not.
Comment by TradeBull on Nov 01, 2020 3:27pm
The major issue with his statement is that the test they developed and the application of it is meant purely for a POC environment.  Hence the reasoning they applied for medical device authorization under this pretense. If this was a saliva based test this statement would be promising as the product meets its intended use case.  This is not a saliva based but rather a Nasopharyngeal ...more  
Comment by Lovethegains on Nov 01, 2020 4:08pm
More bad news? The news from FDA was not bad, it caused a huge over reaction imo. CEO has always stated how confident they are about HC. you just joined here a month ago.....
Comment by TradeBull on Nov 01, 2020 6:11pm
Current market price, recent volume and number of trades do not indicate an overreaction to me.  The market price reflects investor sediment and as of Friday it was not very positive.  In fact, the overall trend and momenteum on this company has reversed.  So, if you are a buyer you are going against the trend and stand to loose even more capital. To now read people saying that the ...more  
Comment by Lovethegains on Nov 01, 2020 6:40pm
You've already stated you've shorted here, enough said. 
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