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

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Post by kindvalueon Aug 27, 2020 12:34pm

207 Views

Post# 31460864

COMPETITIVE and NO LONGEVITY

ABBOTT charging $5.00
FLDM convenience
SONA mkt cap doesn't make sense for an investor
do you want to invest in a company that has a SARS test? Two year window for any covid test ,
SONA has generate massive cash flow in a short period before covid fades away as in three years this company has no business purely on a basis of discounting future cash flow
on top of that with companies like Abbott charging $5.00 means no pricing power
appreciate this is a trade and not an investment so take it as that and don't drink the koolaid
thats why the largest shareholder and founder is not an insider anymore he is no dumbie

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