Synodon Inc SYXXF

Technology Scientific & Technical Instruments

Synodon Inc. (Synodon) is a Canada-based company focused on providing aerial integrity management solutions for oil and gas pipeline operators. The Company has developed a remote gas sensing instrument called realSens that is capable of detecting ground-level hydrocarbon gas occurrences from an aircraft flying at an altitude of approximately 300 meters (approximately 1,000 feet). The instrument contains a high definition photographic camera, a thermal camera, laser altimeter, global positioning system (GPS)/inertial navigation system (INS) system, on-board computer, control unit, power supply and an in-cockpit display system. It offers airborne pipeline integrity management services to operators of oil and gas pipelines, which include leak detection, pipeline threat assessment, Right-of-Way (R0W) change and slope analysis, tree canopy encroachment, water crossing analysis (including three-dimensional (3-D) water crossings analysis) and pipeline location classification services.

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Comment by techiyon Mar 20, 2015 1:30pm

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Post# 23543987

RE:interesting

This is a good point. Short and medium term financing was their main concern which is solved. If Synodon keep up the last years' growing rate then they will be profitable this year and for that I assume they will start announcing new contracts soon. Most probably they wanted to resolve capacity issue before announcing or signing new deals.

After they start announcing new contracts Newsletter writers will return for sure, if they have not returned yet. And remember they buy first and then announces that they are in again. So I think our expected rally moments is few weeks away.

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