Sona Nanotech Inc C.SONA

Alternate Symbol(s): SNANF

Technology Scientific & Technical Instruments

Sona Nanotech Inc. is a nanotechnology life sciences company, which is engaged in developing targeted hyperthermia therapy. The Company has developed multiple methods for the manufacturing of various types of gold nanoparticles (GNR). It is engaged in research and development of its technology for use in multiplex diagnostic testing platforms and advanced biomedical applications. Its gold nanotechnologies are adapted for use in applications, as a safe and delivery system for multiple medical treatments, for the approval of various regulatory boards, including Health Canada and the Food and Drug administration (FDA). Its gold nanorod particles are manufactured without the use of cetyltrimethylammonium bromide (CTAB), eliminating the toxicity risks associated with the use of other gold nanorod technologies in medical applications. The Company is focused on the development of a pre-clinical nanomedical therapy for the treatment of cancer using its biocompatible GNR.

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Sona Nanotech Inc

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Comment by buy2009on Mar 30, 2020 2:32pm

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Post# 30861022

RE:RE:2 mln test kits @ $50.. = $100 MLN just a start.

Why dont people recognize the value here? First order for 2m tests. I remember the margin is huge but let's be conservative at 20 dollars profit per test if sold for 50. That is 40m profit on first order. Or 70 cents a share for one order. Get one order. Getting 9 more should be easy. Ten deals same volume equates to 400m or $7 a share. Hmm. Looks like a bargain at 1.16 to me.

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