Sona Nanotech Inc C.SONA

This is an Interesting Wait

[bluebeard123]

With no news the last 2-1/2 months, this stock has been trading mostly in the $0.30s. It's clear to me that the next set of news will either break this stock or it will make a major move upwards. I still give it a better than 50% chance that it will go upwards because they still have cash to pivot away from covid-19 testing, they have a development pipeline which they can move forward on, and the total market cap is only $20M, which is small  for this company IMO. This is an interesting wait.

[Kaiser]

A pipeline for a cow concussion test?   

[Smiles62]

So, if I understand your analysis correctly, it's a 50-50 situation. Very informative.  :)

[bluebeard123]

I gave it better than 50% chance on upside. That was my opinion. There is not much information to go on other than what I stated. 

[Pandora]

So if they are out of Covid, which out their face on the map, what segment of business do you actually think they can be successful in? And how many years might it take to be anything substantial?

[dart321]

If anything starts to happen here they will likely start the hype on twitter first. Don't hold you breath.

[bluebeard123]

Sona said it takes 2 years to commercialize a product. They have been working on the concussion test for a year. They should have a propyotype by now. We have to see what they say about this. As far as other products, we need an update. I don't think they are in any imminent threat of bankruptcy. 

[Kaiser]

A concussion test for cattle. I'd think this was a joke but it's serious.  Dart, can you confirm if the test subjects are cows from Africa as you mentioned ramblings about Africa?  

[dart321]

There is no proof of anything from anywhere, they have said nothing in black and white. Even with black and white they will have to have absalute proof of everything they say. Trust is earned not given. The only thing we know for sure is there is a very tiny float here and something of substance that is proven will move this fast and high.

[Kaiser]

Your tune of "zero risk at $8+" "guaranteed fda approval" has sure changed.  Nice to see your pump posts have been grounded to more critical thinking.  I knew you'd come around.  Well done little buddy.   

[Pandora]

Could be just a perception on my part because I have not been following it that closely but everything seems to have gone south since they changed CEO's -- maybe just a timing thing? I notice that the "Team Sona" does not include the CEO? There is a separate page under Investors that does show management and directors and Regan does show up there. I always thought Darren was a

[bluebeard123]

I think you are right in thinking that the current CEO has not executed well. No matter how good a plan the comany comes up with, there will still be a lack of investor confidence under the current CEO. The market will likely respond well if Sona announces a change in CEO, with the replacement being someone who is well respected and has a track record of success in the industry. This would add