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 > Thoughts on PP

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Comment by Moemoney42on Dec 03, 2020 5:12pm

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Post# 32033418

RE:RE:RE:Thoughts on PP

LOL.. you're kidding right.. or do you even have a clue about what you just posted..? When the shares are trading around $1, this price is the only way a PP would be done to interest anyone... this isn't an IPO when you price it at whatever the market thinks its worth... the market says its only worth a buck right now and no one in their right mind would invest at $10... you should do a little research before posting so people don't realize what an amateur you are at this and how little you know about how financing works... OMG..!

Kusanation wrote: Of course a higher offering would be nice for anyone. But, the fact that they put it $1 could be to gain quick interest. My personal thoughts (which could be wrong) would be that if they put at $10, then it may take longer to close the PP since people may be more hesitant to invest at that price point. As to where at $1 I would think they would be more likely to take the risk (as any stock is) and jump on board. The quicker the PP closes, the quicker they can get started. I personally think in 30 days we will be having a different conversation (could be wrong). It wont be as big as the last jump but possibly a $6-7 share price should it go well.

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