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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
Comment by Aarman4on Jul 23, 2020 2:11am
276 Views
Post# 31305962

RE:RE:RE:RE:WaterOperetor Life Matter! SONA $1000

RE:RE:RE:RE:WaterOperetor Life Matter! SONA $1000
GObabyGO1 wrote: A bit of perspective...The market cap at $1,000 per share would be $61 BILLION! I think a market cap of $5-$10 Billion would be more realistic at this point...So a share price of $100-$150 would not be out of the question here. As SONA share holders, are really on the ride of our lives right now. This is truly a dream stock. Sit back end enjoy the ride everyone. If your target exit price is $1,000 all the power to you. If it's $20,$30,$50,$100 great! Everyone has their number. Do what works for you, all the rest is just noise...nobody knows where this will go.


By my projections, at 65% margin, SONA needs only $2.5 billion in sales to hit $1,000 share price at a P/E of 40. if you prefer P/E of 20, then $5 billion in sales.

In order to hit $2.5b in sales, the company needs only to sell 100,000,000 tests at the low end of $25 each. 


I am not buying shares in SONA based upon that projection, but is it really that hard to imagine that materializing IF they have the number one quick test around?

Cheers!
Bullboard Posts