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.

CSE:SONA - Post by User

Sona Nanotech Inc

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Comment by buy2009on May 31, 2020 1:11pm

151 Views

Post# 31093692

RE:RE:2500 share millionaire

But how do we value what is essentially a huge one time revenue? Once covid is done with a vaccine we now have a company with proven tech and huge potential for upcoming tests. Question is value now. As I said one way is to take the profit and apply per share and assume a one time payout. Then add value of company going forward.
I used an example of 40m tests at 25 retail with conservative 60% profit (15) for 600m one time profit or approx 10 bucks a share. Add a value for now proven tech if sona. I guess 5 and I have my target price in the short term of 15.
Or higher based on manufacturing. As this will only be limited by capacity. For foreseeable future. IMO
Sona!

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