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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

Post by FloridaNewfon Jan 05, 2021 2:32pm
134 Views
Post# 32225338

Finally in the game

Finally in the gameCE Mark finally puts us in the market somewhere, so game on. 

Now a matter of buyers stepping up. See if the Health Canada boondoggle makes buyers hesistant or not. Hopefully the Sona reps can explain all of that.

As I would love to see this test in Canada, for the stock not worried about re-applying to HC again. CE Mark covers about 30 counties, many of which are double the size of Canada (Germany 82M, France 66M, UK 66M). So in total it's even bigger than the US.

As for the lawsuits, they can pack-off. Most of these firms just file suit on anyone having a big plummet, fishing for clients or an easy settlement. They are filing against companies by the boat loads. I am also in Slack and a pile of the same bunch also tried the same a while back. After the deadline, assuming most did not get any takers and dropped it, Having not heard a peep on any of them in months, but that would take years to sort out either way. 

So still some risk, but we're in the market and now it comes down to landing that first big sale, get some more interest going with it.

GL


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