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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

Comment by bluebeard123on Aug 02, 2021 10:09am
183 Views
Post# 33639602

RE:RE:RE:What do you think?

RE:RE:RE:What do you think?I'm not sure what to think of the recent, small uptick. I can't see Sona breaking out of the $0.30s trading range until Sona comes out with a NR (good or bad). It could go both ways. I started a new position with ACB of $0.34/share. I'm not adding or selling until I see the next NR. Another thought....Sona still shows their covid-19 material prominently on their  website after withdraing from the v2 test . My thoughts....they are keeping their option open to moving this forward if they can find a way of correcting the problem. My guess is that they are doing followup work to see if this is still possible. Many things would need to be considered....can the technical problems be overcome. , how much time and money will it take, is the market for the test still there, etc.  Also, I don't think they have done enough work on the next application (concussion test, cow TB test, or something else) to show test results or a prototype or somthing news worthy. I think this could take many more weeks because it is as though they are starting from scratch after the failed covid clinical test on June 15. There are so many possibilities for what can come next and the company is keeping this very close to their chests. The only thing that's out there are guesses. 
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