Sona Nanotech Inc C.SONA

Alternate Symbol(s): SNANF

Healthcare Biotechnology

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 bluebeard123on Jul 11, 2020 6:45pm

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Post# 31256284

RE:RE:RE:RE:RE:Morningstar Report on SONA - Fair Value $7.10

Sona needs to back up SP up with large pre-orders plus high sales growth. I personally think they can. If they can't then SP will tumble. The other thing that's going on is a covid19 stock bubble. All bubbles end up bursting. I've lost lots holding too long in tech and weed bubbles. Unless Sona shows rapid sales growth soon, it's best to take a little off the table. I sold 25% of my holdings at $2 to get my invested capital back. The remaining 75% has made me a big profit. I will be selling at different points. Everything DerekVTXman said is true.

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