GREY:SYXXF - Post by User
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CHINVESTMENSTon Oct 08, 2014 9:48am
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Post# 23009390
RE:RE:RE:RE:ANOTHER TRAIN DERAILMENT, PIPELINES ARE THE WAY TO GO.
RE:RE:RE:RE:ANOTHER TRAIN DERAILMENT, PIPELINES ARE THE WAY TO GO. Hey Nostril,
They're are many ways to finance a corporation when they're low on cash such like Synodon in this situation. I believe that Q4s will generate so much cash that Synodon won't need to resort to financing options. What you should be concerned about is what the BOD is being paid for operating at a loss. I know 2 members are being paid 200k each when we're not even operating at a revenue but I'm not sure about the others. They've done dilutive capital rasing in the past but it damages the share price and as you can see right now based on technical analysis it has nowhere to go but up. How it sunk this low is beyond my knowledge but tough market times call for big sell offs. As for R&D how do you think they built the 2 new Realsens devices? I'm pretty sure this is why R&D is so high but they don't specify so it's hard to say. Anyways hang in there and wait for the Q4s. Good luck everyone.