TSXV:MRS.H - Post by User
Post by
ScarletSpideron Feb 18, 2021 7:37am
95 Views
Post# 32593398
Sona an absolutely poor comparison
Sona an absolutely poor comparison
to make. When people raise Sona to this and talk about the uplisting very poor comparison to make. Any pharmaceutical is a very huge risk actually. There are five testing phases with pharma at any time if anything goes wrong in the testing phase it is game over at least to the extent those things get fixed unless it comes to the human testing one where if there are adverse reactions it is done. I held a few in the past and they are extremely risky to gamble with. I dont touch them more because there is animal testing but even so pharma is very risky because at any stage prior to human testing things can go wrong and the share value can get slammed 30 to 60 percent. This is one sector I would pull my investment out when it is there...the faster the better. Now why poor comparison for the obvious reason unless the pharma is ready to roll on shelves as it passed everything successfully there is no product period. This company has either the ppe or sources it always has product so it has been the stock in truth with the least risk and high demand as the ppe has and continues to be essential. As per testing body armor and other materials it can continuously be refined before being supplied and the only risk is if there is a production defect as after thoroughly successfully testing there really should not be any reason for improper function unless as mentioned it just happens to be a production defect which is always possible. As I said very bad comparison to say the least. When people uplist however they should only do so when they have solid foundations to do so like having stable and strong progressive revenue growth flow through via increased sales of products and or service and are looking for stronger capital to raise monies at better values and larger markets if you dont have this or still looking to get product out despite being very close I wouldnt suggest an uplisting...you need stability and proving you can deliver the goods if not you will collapse.