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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Comment by SEMIAUTOon Sep 30, 2020 9:49pm

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Post# 31646789

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:The IdNow Fiasco in Canada

I think you seem to forget if they get an order for let's say $40 million they're going to get paid upfront Deposit at least 30 to 40% of that they're going to use for money and if they need to do a raise big deal they can sell 5 million measly shares at seven dollars And that's 35 mill in the bank Which they won't do anyways. But after the approval and the sales roll in they'll be doing a raise way higher if they need to.
Money will not be an issue for them after they get the approval.

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