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Sona Nanotech Inc C.SONA

Alternate Symbol(s):  SNANF

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.


CSE:SONA - Post by User

Bullboard Posts
Post by Silverback63on Apr 13, 2020 9:33am
78 Views
Post# 30902485

Excellent Update

Excellent UpdateThe news release has us pointed in the ideal direction, as the product is moving to the validation phase, they have a second manufacturer signed up, have another 1.25M units on preorder, and have another security exchange to increase liquidity. The only thing that is holding us back at this point is the access to the stock (i.e. The CSE is a great place to start as it has lower guidelines and costs, but if we are hoping to really see this fly, we need to be up on the TSX and Nasdaq). They can't just snap their fingers are jump there as they have key requirements in the form of minimum assets, revenue, share price, etc. That means SONA needs to get to $4.00/share USD on the CSE, before a move to the bigger exchanges can occur. This shouldn't be a problem given their world class product, and the global demand. Once they start manufacturing and shipping we will be there, and the uplist can begin, which will take us to over $25/share, as SONA will have millions more in units ordered once they annoucnce they are manufacturing.

Just my 2 cents.
Bullboard Posts