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.

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Sona Nanotech Inc

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Post by Hightide22on Aug 19, 2020 11:09am

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Post# 31428296

My Take on this

Only my opinion but I think this retrace on the SP is healthy. If there was any goodwill that was baked into the price when we hIt $16.00 it's no longer baked in.

When news hits we will double up to $16.00 $18.00 range based on validation. Thats a fair price after receiving the validation and sets us up for another double on FDA/HC approvals. From there sales confirmation and deposits/revenue takes over.

Again this is just my opinion so let's see how it plays out. I added again this morning and I think I am done and happy with my share count.

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