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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 PresidentBidenon Aug 06, 2020 7:59pm
167 Views
Post# 31376382

RE:The concern

RE:The concernYou bring up a good point and I do actually believe that TORR or Torrent Capital is going to be the big winner here.

Torrent is a holding company that is currently holding 6-8 companies.  Torrent owns 1.3 million shares of SONA and they bought them for 25 cents.  

They only announce their holdings quarterly and within the next 2-3 weeks, they'll be releasing their holdings.  They have made a boat load of money upon buying SONA at 25 cents and if you look at all their other holdings, they are well ahead on all of those too.

I'm hoping that Torrent sold some or all of their SONA as I also own Torrent and it is a great hedge play.  It has dropped the past couple days in price due to the depreciation of SONA, but I actually think that they are in a much better position.

Remember, both TORR and SONA have the same CFO, so perhaps somebody is in the know...just saying!

Bullboard Posts