Synodon Inc SYXXF

RE:RE:RE:Current share price

[CHINVESTMENST]

Hello my fellow investors of Synodon. It's been awhile since I've posted on this board as I've seen no point in stating opinions that have already been stated. If you do the math the impact from the right issuance would put the share price at approximately 6.5cents once the record date had passed. This is keeping in mind a share price of 8cents which was the proper price per share prior to record date if I recall correctly. Hence there is no logic for us to be at 5.5 cents per share.

Onto the next topic. So if you didnt issue your rights well you lost money. If you sold your rights you're no better off then you are now. If you used your rights then you're still no better off then you are now but the company has the necessary funds needed. This is simple finance calculations and you can look them up if you guys are interested.

Finally a rights offering isn't the worst possible scenario. At least with a right issuance you can maintain your monetary value within Synodon. A seasoned equity offering on the other hand would of been much worse as the board is legally allowed to issue more shares without investor consent, and in return dilute the value of your shares without you being able to do anything.

So what can we interpret from this information and Synodon's longevity? Well the money has to be used toward business growth and expansion as putting it anywhere else would be silly. Synodon is also paying part of employee salaries in shares which gives these employees incentive to make these shares worth as much as possible. This is a short term pain for a long term gain situation. I'm not concerned with Synodon as a company as they used their Retained earnings to fund operations first, then moved to debt and finally to equity. Synodon can also receive tax incentives and generate income from debt financing which is also beneficial.

So is Synodon using the right state of mind to operate a corporation? If they use the funds they have obtained to hire a smart CEO that can advertise the operations and form business deals both efficiently and effectively the yes. If we see more contracts show up then we know business is expanding but since companies have been dealing with the oil crisis in Synodon's market place I have a feeling that they're busy figuring out how to operate at a profit instead of use companies such like Synodon. Either way give this company some time to grow and it should be worth while. If PVE can own the majority of the company and bring in new contracts/ a CEO I'll be happy.

Now onto the main problem that we are posed with. There are other companies entering similar industries that Synodon is within. So what makes Synodon's product better than the competition is what we have to ask ourselves. Feel free to post about this as I have no idea.

Goodluck to all and I look forward to hearing you responses,

CH-Investments