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 May 29, 2020 2:03pm

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Post# 31088895

RE:RE:RE:RE:Don’t expect a halt.

I think the math works but I think 20m tests is too conservative, assuming they can get capacity which I think they will, as a simple cassette test cant be that hard to retool a pregnancy test line for example.
However even though I suspect we will have more covid in the future I dont think you can apply a multiple to what is basically one time revenue. However that still has huge upside. Even at 20m with your math we have 5.83 per share PROFIT. Then add whatever you think the company with the now proven technology and exposure is worth. Easy 10+ IMO.

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