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Sona Nanotech Inc C.SONA

Alternate Symbol(s):  SNANF

Sona Nanotech Inc. is a nanotechnology life sciences company that has developed multiple methods for the manufacturing of various types of gold nanoparticles. The Company is engaged in the research and development of its technology for use in multiplex diagnostic testing platforms and 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 CTAB (cetyltrimethylammonium), eliminating the toxicity risks associated with the use of other gold nanorod technologies in medical applications. The Company leverages its core proprietary gold nanorod (GNR) manufacturing technology and laboratory assets to focus on the development of diagnostic tests and biologic reagents, and the advancement of its GNR intellectual property.


CSE:SONA - Post by User

Bullboard Posts
Post by NothinButTimeon Mar 31, 2020 9:48pm
259 Views
Post# 30866774

Breaking down market cap vs 1 order

Breaking down market cap vs 1 orderThe market cap is currently 62 million and we now have 4 million in cash, and a LOI for 2 million units.  

Let’s assume we can profit $10 per unit, because we have to be conservative on profit considering the state of the economy, and the fact we were funded by government.  

That’s going to bring our market value to over 20 million on one order. It still doesn’t match the market cap. But more orders will.  

This is a good start
Bullboard Posts