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

Bullboard Posts

Comment by Sandblaster1980on Jul 11, 2020 8:13pm

105 Views

Post# 31256448

RE:RE:RE:RE:RE:Bullish

TheeRook wrote: FDA EUA has a low bar of 80% so I think that is already priced in with the last run to $10 , based on the MRI lab tests. .

The Nasdaq application too priced in too kept the share price from falling too far below $7.
Only thing is if larger orders start coming in. Which after some sucessful trial runs should start coming in after FDA EUA approval.

There are 100 hundreds of test out there the best current ones (PCR, Molecular testing) take time to do for 100% accuracy. Newer leading edge tech take 45minutes for a 100% test.

SONA at present 96% is a good fast screen based on lab tests that needs to be followed up with a more accurate test. according to guidlines So SONA has some work to do to bring it up to 100%... Some may think 96% is good but that means 4 out of 100 could be flase negative and beocme spreaders. Does not take many to spread Covid 19 as what is happening now in the US.

willywonka wrote: As a cautious investor, there are two positives that I consider. 1) Awaiting approval of tests 2) application to NASDAQ. If these work out then watch out