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Sona Nanotech Inc SNANF


Primary Symbol: C.SONA

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 MetalsDudeon Nov 09, 2021 1:07pm
255 Views
Post# 34105528

RE:RE:Lesson learned

RE:RE:Lesson learnedI'm down when it comes to money with sona BUT i'm not blaming managment for it. The onus is on me. I didnt pull the trigger when the SP was at $16 but i did average down and my average now is below $1 so I'm feeling ok with this particular investment...Remember this stock went from 1 cent to over $16 per share thats increadible for penny stock no matter how you look at it. Remember we are investing in penny stock so risks are way greater than investing in ETF or banks......Curently I'm invested in company called Datametrix DM, their CEO is saying things are "looking good" with possible chance of company getting 40mil governemnt contract awarded to them. Now what does "loooking good" mean to average investor...I can choose to risk it stay invested in DM and IF they do get this massive contract stock price with increase substanitally and I will make lotsa money OR i can choose not the feel comfrotable with this "looking good" analysis from CEO and sell my shares now and make a small profit and stay on sidelines and see what happens. ITS ON ME, RIGHT NOW MY DECISION TO sell or stay in it and if I stay in it and company doesnt end up getting this contract and SP goes down im not gonna blame CEO of DM and go on DMs bullboard and bash the company he mislead us he said things are looking good. Its on me so same thing applies here with sona price went up to $16 and we didnt end up selling its on us. NO one else to blame. we were greedy cuz people were sayiing it will go to 50 per share or 100 per share...we messed up. so stop blaming others. its on you!! ...i meas sona had their samples done in saudi arabia that didnt pose any flags??? it didnt for me lol maybe health canada did say things are looking good to sonas CEO and he shared that with us and then HC said nah we not interested ...regardless price went up way up and if you didnt sell its on you. I did mess up and its on my and if DM doesnt get that contract its on my cuz I choose to stay! 
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